Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Londian Wason prices NYSE IPO at top end, raising $94.3 million
Copper foil maker Londian Wason priced its NYSE IPO at the top of its range, raising $94.3 million. The deal tests US investor appetite for
Hyundai Motor faces four-day partial strike as union seeks bigger pay
Hyundai Motor is bracing for a four-day partial strike as its 40,000-member union pushes for a larger monthly pay raise and a bonus tied to
KT unveils $8.5B asset sale plan and buybacks to boost returns
KT will accelerate asset sales and run share buybacks through 2028 as it targets higher returns and an AI-led growth push. The telecom aims
FleetPartners draws three takeover bids, rejects exclusivity
Australian vehicle-leaser FleetPartners is weighing takeover bids from three suitors after refusing to grant exclusivity. The offers range f
GM's $4.5B parts stockpile aims to shield factories from supply shocks
General Motors has created a $4.5 billion parts-stocking backstop to keep critical components on hand for up to three years. The move is des
Back-to-school sales are strong, but retail stocks aren't celebrating
Redbook's same-store sales rose 8.3% year-over-year, signaling strong back-to-school demand. Yet consumer ETFs slipped, Best Buy gained on a
Apollo shares jump 6% after $2.6 billion Yankees financing deal
Apollo Global Management shares jumped more than 6% after its Apollo Sports Capital unit agreed to a $2.6 billion financing package with Yan
Lionsgate faces activist pressure to embrace AI or sell
Anson Funds is pushing Lionsgate Studios to reshape for the AI era or explore a sale, according to Semafor. Shares fell 2.9% on the news. He
Hotel giants Marriott, Hilton, IHG: quality stocks, but wait for a sale
Marriott, Hilton, and IHG run thousands of hotels without owning the buildings. Their stocks are top-tier but expensive. Here's why waiting
UBS warns TripAdvisor's experiences growth is losing steam
UBS warned that TripAdvisor's Experiences segment is slowing, with Q3 revenue expected to drop 7%-10% year-over-year. SEO headwinds and soft
eBay's Depop Deal Targets Younger Shoppers as Growth Cools
eBay's purchase of Depop is a small deal with a clear goal: attract younger shoppers to its resale marketplace. But UBS notes the company's
Life360 stock plunges 26% despite strong quarter and raised outlook
Life360 delivered a strong Q2 and raised its 2026 subscription revenue forecast, yet the stock tumbled 26% on Tuesday. UBS argues the sellof