Latest Market News

Oct 04
Supreme Court agrees to hear case on tech companies’ legal immunity

The Supreme Court on Monday agreed to hear a case in which the family of a U.S. citizen who was killed in an ISIS attack in Paris in 2015 is suing Alphabet’s GOOG, +3.28% GOOGL, +3.13% Google business, according to multiple published reports. The case, Gonzalez v. Google, involves the scope of tech companies’ immunity […]

Oct 04
Viasat stock soars after $2 billion deal to sell Link 16 TDL business to reduce debt, boost liquidity

Shares of Viasat Inc. VSAT, +26.93% soared 40.9% in morning trading Monday toward a 5 1/2-month high, after the communications company announced an agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies Inc LHX, +4.60% in a deal valued at $1.96 billion. Viasat expects the deal to results in cash […]

Oct 04
LogicBio’s stock skyrockets after buyout bid for a 667% premium

Shares of LogicBio Therapeutics Inc. LOGC, +637.61% skyrocketed more than seven-fold (up 643%) in morning trading, to bounce off the previous session’s record low, after the genetic medicine company announced an agreement to be acquired by AstraZeneca PLC’s AZN, +1.29% AZN, +0.44% Alexion, AstraZeneca Rare Disease in a deal that values LogicBio at about $68.23 […]

Oct 04
Norwegian Cruise stock extends selloff toward 3-month low after lifting all COVID testing, masking requirements

Shares of Norwegian Cruise Line Holdings Ltd. NCLH, +0.35% slumped 2.6% toward a three-month low in morning trading Monday, after tumbling 18.0% to a two-month low in the previous session, after the cruise operator said it was removing all COVID-19 testing, vaccination and masking requirements from its health and safety protocols. The company said the […]

Oct 04
How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine

Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, while a few poked fun at the reality TV star. 1678 Total views 24 Total shares The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX).  The United […]

Oct 04
Credit Suisse shares bounce 4% higher in early trade

Shares of Credit Suisse CSGN, +4.90% CS, +2.30% bounced 4% higher in early action, after the Swiss systemically important institution fell as much as 12% on Monday on worries over its financial health. The Swiss bank, which touched a record low on Monday, is nonetheless down 54% this year. Five-year credit default swaps widened on […]