TheBuzz24

Amazon mentioned it would acquire Globalstar for $90 a share, in a deal valued at roughly $11.57 billion. The business is building out its nascent satellite internet business, called Leo, as it vies to compete with Elon Musk’s SpaceX, which has a significant head start. Amazon noted it also agreed to a deal with Apple […]

A second round of negotiations between the U.S. and Iran is under discussion, though nothing has been officially scheduled yet, a White House official told CNBC. President Donald Trump told the Recent York Post that the next U.S.-Iran talks “could be happening over next two days” in Islamabad. Trump responded to the failed first round […]

Joan Solotar, global head of Blackstone Private Wealth, said the capital flight from private credit isn’t justified by the likely returns and potential losses in individual funds. Solotar remarked investors and clients are asking key questions about transparency, loan losses, portfolio exposure to software and liquidity. “We’re still outperforming, and that’s the key. I think it’s […]

Federal Reserve Chair nominee Kevin Warsh is worth at least $135 million, according to newly released financial disclosure forms. He also details significant wealth held by his wife, Jane Lauder, an heir to the Estee Lauder fortune. Warsh pledged to divest some of his assets if confirmed by the Senate. The Senate Banking Committee will […]

Investment firm Bernstein estimates that by 2030, prediction sector volumes will surge to roughly $1 trillion.  Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, then expanded further in 2025 thanks to sports, crypto and macro/political contracts.  While a regulatory battle is brewing, Bernstein thinks it’s unlikely to deter long-term […]

Greenlight Capital’s David Einhorn warned that investors may be underestimating potential downside risks. “It probably won’t surprise anyone that we are again putting capital preservation at the top of our priorities,” Einhorn noted in his latest investor letter. Hedge fund manager David Einhorn mentioned he is focusing on capital protection as markets rally on geopolitical […]

The Capital One Spark Miles for Business is no longer available for novel cardmembers. Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. The Capital One Spark Miles for Business is getting a minor glow-up, rebranding as the Capital One Venture Business. While it’s largely the same business card with a updated name, […]

Stock industry declines can be especially unsettling for young investors “because they don’t yet have the experience of living through prior downturns and recoveries,” noted certified financial planner Douglas Boneparth. Economy downturns can provide disciplined young investors with the opportunity to invest in stocks at a discount. This also touches on aspects of dividends. Still, if […]

Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly bounced, attempting to recover from a recent rout. Furthermore, experts in investors note the continued relevance. Oracle has already raised […]