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Morgan Stanley MS, -4.48% fell 2.6% in premarket trades Friday after the investment bank missed Wall Street’s targets for earnings and revenue amid a drop in deal activity. Morgan Stanley said its third-quarter net income fell to $2.49 billion, or $1.47 per share, from net income of $3.7 billion, or $1.98 per share in the […]

Kroger Co. KR, -5.69% has announced a $24.6 billion deal to buy Albertsons Cos. Inc. ACI, -7.72%. Under the terms of the merger agreement, Kroger will acquire all of the outstanding shares of Albertsons’ common and preferred stock for an estimated $34.10 per share. Bloomberg News reported, earlier this week that Kroger was in merger […]

Shares of Howard Hughes Corp. HHC, +4.01% jumped 2.8% in premarket trading Friday, after investor Pershing Square Capital Management said it has launched a cash tender offer to buy up to 6.34 million of the real estate development and management company’s stock. That represents up to 12.7% of the shares outstanding as of July 28. […]

A community member started a discussion on r/cryptocurrency on why inflation isn’t pushing more people into the crypto space. 1511 Total views 36 Total shares While some anticipate that more people will naturally get into crypto due to inflation, the reality is far from some community members’ expectations. A discussion in the r/cryptocurrency subreddit highlighted […]

Baker Hughes [s: bkr] on Friday reported that the number of active U.S. rigs drilling for oil rose by eight to 610 this week. That followed a decline of two in the previous week. The total active U.S. rig count, which includes those drilling for natural gas, climbed by seven to 769, according to Baker […]

EURUSD, “Euro vs US Dollar” EURUSD has fixed above the resistance level. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 0.9815 and then resume moving downwards to reach 0.9475. Another signal in favour of a further […]