Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
DraftKings Surges 8% on Launch of DKeX Prediction Exchange, Shifting Business Model
DraftKings shares surged more than 8% after launching DKeX, a prediction-markets exchange. The new platform shifts the company's business mo
Sinda's NYSE Debut Falls 10% as Mining IPOs Face Investor Skepticism
Sinda raised $213 million in its NYSE IPO but shares fell 10% on debut, opening at $10.80 versus the $12 offer price. The drop highlights in
Nuvau Minerals Hits 5.28 g/t Gold at Thundermine, Plans July Drilling
Nuvau Minerals' first hole at the Thundermine target in Quebec's Matagami Mining Camp returned 5.28 grams per tonne of gold over 6.10 meters
SK Hynix Gains Edge as Micron Earnings Signal Lasting Memory Demand
Micron's latest earnings report points to lasting memory demand, boosting confidence in SK Hynix. The South Korean chipmaker also plans to l
Arcosa Stock Nears CRH's $150 Offer as Oppenheimer Sees Deal as Ceiling
Arcosa's stock is trading just below CRH's $150 takeover offer, and Oppenheimer says a higher bid is unlikely. The investment bank downgrade
Pacific Ridge Raises C$4.5M to Fund Kliyul Drilling, Warrants Set at C$0.30
Pacific Ridge Exploration raised C$4.5 million in the first tranche of a private placement to fund drilling at its Kliyul project. The deal
Byju's Lenders Near Deal for 30% Stake in Aakash, Ending Legal Battle
Byju's lenders are nearing a deal to take a 30% stake in Aakash Educational Services, ending a legal battle across multiple countries. The s
Mercedes-Benz Asks Staff to Work More for Same Pay in Cost-Cutting Drive
Mercedes-Benz is pushing for longer working hours without a pay increase and postponing a special July payment until 2027. The move aims to
Safran in Talks to Buy Exail Technologies for €128.5/Share, Sending Stock Up 20%
Safran is in exclusive talks to buy French sea-drone maker Exail Technologies for €128.5 a share, sending Exail's stock up about 20%. The de
Unilever Eyes $4 Billion Thorne Deal to Boost Wellness Push
Unilever is reportedly considering a bid for US supplements brand Thorne, which could be valued at up to $4 billion. The move would mark a m
Bosch Replaces CEO Stefan Hartung with Deputy Christian Fischer in Surprise Leadership Shake-Up
Bosch is swapping CEOs in a surprise move, with deputy Christian Fischer taking over on July 1 after Stefan Hartung asked to leave. The chan
Watches of Switzerland May Abandon £3 Billion Revenue Target as Luxury Watch Market Cools
Watches of Switzerland may drop its £3 billion revenue target for fiscal 2028 as the luxury watch market cools. Shares fell as much as 9.5%