How activist Elliott can help Global Payments lift its share price

How activist Elliott can help Global Payments lift its share price

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Company: Global Payments Inc (GPN) Business: Global Payments is a payments technology company delivering software and services to its customers globally. Through its Merchant Solutions segment, it provides payments technology and software solutions globally to small-and-medium sized businesses and select mid-market and enterprise customers. It…

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Archer stock tanks 12% after share sale, LA-area airport purchase

Archer stock tanks 12% after share sale, LA-area airport purchase

Courtesy: Archer Aviation Archer Aviation‘s stock plummeted 12% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted a net loss $129.9 million, narrower than the FactSet estimate of a $178.6 million loss. However, Archer disclosed a $650 million stock offering for 81.25 million shares to support its $126 million acquisition of Hawthorne…

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NHL strikes prediction market deals with Kalshi, Polymarket

NHL strikes prediction market deals with Kalshi, Polymarket

The National Hockey League said Wednesday it’s reached a multi-year licensing agreement with prediction markets Kalshi and Polymarket. More sports leagues may be coming soon. Tarek Mansour, Kalsh’si co-founder and CEO, told CNBC’s “Squawk Box” the deal marked a “seminal moment” for prediction markets and the company. “A league like the NHL partnering with us…

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