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Delaware Court Revives Musk’s Tesla Pay Deal After Appeal
Elon Musk’s 2018 pay package from Tesla, which was once worth $56 billion, was restored last Friday by the Delaware Supreme Court, as reported by Reuters. The report added...
Larry Ellison Pledges Billion-Dollar “Ironclad” Backstop for Paramount
In a dramatic escalation of the media industry’s most intense bidding war, Paramount Skydance Corporation has amended its hostile takeover bid for Warner Bros. Discovery (WBD). The move seeks to dismantle the WBD board's...
Elon Musk’s Net Worth Tops $700 Billion As Court Restores 2018 Tesla Pay Package
In a landmark decision earlier this week, the Delaware Supreme Court officially restored Elon Musk’s 2018 Tesla compensation package, overturning a previous lower-court ruling that had voided the deal....
Nike Stock Plummets Despite Better-Than-Expected Earnings on Weak Guidance & China Woes
Nike stock (NYSE: NKE) is trading sharply lower in US price action today despite posting better-than-expected earnings in its fiscal Q2 2026, as weak guidance and continued decline in...
Private Equity Activity Accelerates as Sponsors Deploy Record Dry Powder
Private equity firms unveiled a series of new deals on Wednesday, highlighting a marked pickup in transaction activity during the final quarter of 2025. Several mid- to large-cap buyouts...
Oil Prices Retreat on Surprise U.S. Inventory Build Despite Winter Demand
Crude oil prices fell sharply on Wednesday after weekly U.S. inventory data revealed an unexpected build, tempering optimism around seasonal demand strength. The Energy Information Administration reported a 3.8...
European Central Bank Delivers Expected Rate Cut, Adopts Cautious Forward Guidance
The European Central Bank cut its key deposit rate by 25 basis points to 3.00% on Wednesday, as widely anticipated, while adopting a more neutral tone on future moves...
Bitcoin Holds Steady Near $104,000 as Market Awaits Policy Clarity from Washington
Bitcoin traded sideways on Wednesday around the $104,000 level as the cryptocurrency market paused for breath amid lighter holiday volumes and anticipation of incoming U.S. policy developments. After a...
Stocks Trade Mixed as Soft Industrial Data Offsets Strong Housing Figures
U.S. equity markets showed little net direction on Wednesday after a batch of economic reports painted a nuanced picture of the economy's health heading into the final weeks of...
Wall Street Extends Gains as Retail Sales Data Beats Expectations
U.S. stock markets built on yesterday's advance Tuesday after November retail sales figures came in stronger than forecast, easing worries about consumer health heading into the final stretch of...


