So much has happened this year and yet the market is implying that not much has changed. War warnings, policy reversals, the hunt for AI victims, more than one putative $1 trillion private company looming over the public markets – there’s plenty going on. But in aggregate, portfolios and the economic backdrop are largely unmoved….
Check out the companies making headlines before the bell. Arcellx — The biotech stock surged 78% after Gilead Sciences said Monday it agreed to acquire Arcellx for $7.8 billion, offering $115 per share in cash at closing and one contingent value right of $5 per share. Arcellx focuses on immunotherapies for patients with cancer and…
Exterior view of the entrance to Merck headquarters on Feb. 05, 2024 in Rahway, New Jersey. Spencer Platt | Getty Images Merck said on Monday it will split its human-health business into two divisions, separating its blockbuster cancer franchise led by Keytruda from its non-oncology medicines. The shake-up comes as the drugmaker braces for the…
U.S. President Donald Trump meets with European Commission President Ursula von der Leyen (not pictured), in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters Europe has warned that trade deals struck with the U.S. could now be at risk after President Donald Trump unveiled a new global 15% tariff on all imports at…
Snow falls in New York. Picture Alliance | Picture Alliance | Getty Images U.S. natural gas prices rose nearly 3% on Monday as a massive winter storm hit the northeast of the country, affecting 35 million people and leaving hundreds of thousands without power. It comes as cities and towns across the U.S. east coast…
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images The U.K., the European Union and Singapore…
Hyperscalers are significantly ramping up their AI capex spending — and increasingly using credit markets to fund it. But investors say this shift is challenging mega-cap tech giants’ so-called ‘fortress balance sheet’ status, and rips up what they call the “unspoken contract” that kept speculative AI spending largely separate from debt markets. After Amazon, Meta…
Traders work on the floor of the New York Stock Exchange during morning trading on February 20, 2026 in New York City. Michael M. Santiago | Getty Images Markets took U.S. President Donald Trump’s latest tariff salvos largely in their stride, with investors assessing whether the moves will have a lasting impact on trade or…
Did you ever wonder what made you pass on what turned out to be a sure thing? What made you thumb your nose at something that now seems obvious to have had real value when you dissed it? Was it all that difficult to see the opportunity? Or did you remember what happened in 2007,…
Bitcoin fell more than 5% to below $65,000 on Monday after U.S. President Donald Trump announced plans to raise global tariffs to 15%. The drop came as Asian equities rose in early trade, underscoring crypto’s divergence from regional stock markets amid renewed tariff uncertainty. Stock Chart IconStock chart icon Bitcoin drops This is breaking news….
