A number of stocks jumped in the pre-market session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East.
Shares of airline company United Airlines Holdings (NASDAQ:UAL)
fell 5.1% in the morning session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East.
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments.
Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.
The consortium will invest in U.S.-based AI data and energy facilities, with plans to deploy up to $100 billion to support the growth of artificial intelligence.
Markets Trump targeted with tariffs — Mexico, China, Canada, Europe — surged past the S&P 500. Weak dollar, fiscal risks reshape views on U.S. exceptionalism.
Shares of fresh produce company Calavo Growers (NASDAQ:CVGW)
jumped 9.5% in the morning session after the company announced it received an acquisition offer valued at $32 per share, a significant premium to its previous closing price. The board of directors planned to review the offer, which involved a combination of stock and cash from an unnamed bidder. If the offer is accepted and the deal is completed, this should allow existing shareholders to exit their current positions at a higher price.
