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BuzzFeed shares jump 135% after $120M investment deal with Byron Allen's family office
BuzzFeed's stock surged over 135% in after-hours trading following a $120 million investment agreement with Allen Family Digital, linked to Byron Allen. The deal involves the purchase of 40 million shares at $3 each, giving Allen's family office a 52...
Volatility mixed as tech stocks rally amid US economic optimism and US-Iran talks.
Last week, implied volatilities showed mixed trends while risk assets rallied, driven by positive US economic data and hopes for a US-Iran resolution. The S&P 500 index rose over 9% in the past month, largely led by a 20% surge in tech stocks. This t...
Hampton Financial buys 10% stake in dry bulk shipping firm Icon Energy for C$550,000.
Hampton Financial Corporation has acquired a 10% stake in Icon Energy Corp, a dry bulk shipping company, through open market purchases totaling approximately C$550,000. Icon Energy operates three dry bulk vessels globally and is listed on Nasdaq. Ham...
Ask.com shuts down its search business after nearly 30 years amid market consolidation.
Ask.com, one of the earliest internet search engines, officially closed its search business on May 1, 2026, after nearly 30 years. Owned by IAC, the shutdown reflects a strategic shift away from legacy search operations as the market consolidates aro...
Flow Traders schedules Capital Markets Day on June 23, 2026, to share strategy and expansion plans.
Flow Traders Ltd. will hold a Capital Markets Day on June 23, 2026, at 10:00 CEST in Amsterdam, targeting institutional investors and equity analysts. The event will feature presentations and Q&A sessions where the leadership team will discuss the co...
Canvas maker Instructure strikes deal with hackers to recover stolen data after major breach
Instructure, the company behind the Canvas learning platform used by millions worldwide, reached an agreement with the hacking group ShinyHunters to recover stolen data and ensure its destruction. The hackers had accessed data from over 275 million u...
European stocks dip as US-Iran peace talks stall and UK political crisis deepens
European stock markets are expected to open lower due to fading hopes for a quick resolution to the US-Iran conflict, following President Trump's remarks on the fragile ceasefire. Oil prices rose amid the tensions, while US stock futures remained fla...
Oil giants' trading desks boost Q1 profits amid volatile markets and geopolitical tensions.
In the first quarter, major oil companies like TotalEnergies, Shell, and BP saw significant profit boosts from their trading desks, which manage physical oil and gas transactions and price risks. These trading units thrived amid volatile oil prices c...
Roche gets CE mark for blood test detecting Alzheimer's pathology, enabling faster, less invasive diagnosis worldwide.
Roche has received CE Mark approval for Elecsys® pTau217, a blood test that detects phosphorylated Tau 217 protein linked to Alzheimer's disease pathology. This test offers a minimally invasive, accurate alternative to current diagnostic methods like...
Taiwan and South Korea markets rally on AI chipmakers but face risks from heavy concentration.
Taiwan's Taiex and South Korea's Kospi stock markets have surged to record highs this year, driven mainly by semiconductor giants like TSMC, Samsung Electronics, and SK Hynix, which now make up over 40% of their respective indexes. This heavy relianc...