Direxion Daily Semiconductor Bear 3X Shares (SOXS) Stock Price Today
Rubrik director Yvonne Wassenaar sold 721 shares at $75 before stock rally began.
Yvonne Wassenaar, a director at Rubrik, sold 721 shares at a price of $75 each just before the company's stock experienced a significant rally. This sale occurred ahead of the stock's upward movement, which may be of interest to investors tracking in...
Workday in talks with Silver Lake on $43B deal amid AI growth hopes
Workday Inc is in discussions with private equity firm Silver Lake about a potential $43 billion acquisition. The deal is not guaranteed, but analysts see Silver Lake's interest due to Workday's strong ERP business, valuable AI data, and potential fo...
abrdn Asia-Pacific Income Fund rated Hold due to risks from high leverage and unsustainable yield.
The abrdn Asia-Pacific Income Fund (FAX) is rated as a Hold because its negatives outweigh positives. The fund's high leverage, close to regulatory limits, risks forced deleveraging and net asset value erosion if markets decline. Although it offers a...
US economic optimism falls in August as Republican sentiment hits near two-year low
The University of Michigan's consumer sentiment index dropped to 51 in August from 55.2 in July, missing expectations and ending two months of gains. The decline was driven largely by Republicans, whose optimism fell 19% below pre-Iran conflict level...
Medicare stops paying for skilled nursing care after 100 days, leaving costly bills for families.
Medicare Part A covers skilled nursing facility care for up to 100 days per benefit period, with no coverage after day 100. After this, patients must pay private rates, which can exceed $11,000 per month, far beyond typical Social Security benefits. ...
NVIDIA unveils $500B AI infrastructure financing, boosting stock with 20.5% upside forecast.
NVIDIA announced a $500 billion financing plan to support AI infrastructure development, signaling strong market confidence. The company reported impressive Q1 FY2027 results, with revenue up 85% year-over-year and strong data center growth. NVIDIA's...
Micron and Sandisk post strong memory sales; Micron leads on AI memory, Sandisk on NAND pricing.
Micron Technology and Sandisk both reported strong quarterly results driven by different memory segments. Micron's fiscal Q3 revenue hit $41.5 billion, boosted by high-bandwidth memory (HBM) and DRAM, with data center revenue surpassing $25 billion a...
Apple proposes new app purchase commissions: 15% standard, 5% for small developers, amid Epic Games lawsuit
Apple has submitted a new proposal for commissions on purchases made through external links in iOS apps, suggesting a 15% fee for standard apps and reduced rates for small developers and special programs. Small businesses would pay 5%, while particip...
GOLY ETF's leveraged gold income strategy falters in 2026, losing value despite gold gains.
The Strategy Shares Gold Enhanced Yield ETF (GOLY) aimed to provide gold exposure with monthly income by leveraging bonds and gold swaps. However, in 2026, rising financing costs and leverage caused GOLY to lose over 20% year-to-date, while gold itse...
RBC says IG Group selloff overdone after Underdog acquisition, sees 43% upside
RBC Capital Markets maintains an outperform rating on IG Group, arguing the market overreacted to its acquisition of Underdog, a sports prediction platform. Despite a 22% share price drop wiping £1.2 billion in value, RBC sees the deal as strategical...
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