Wall Street is eager to see the S&P 500's (^GSPC) next move after the index closed last Friday at a record high. Diamondback Energy (FANG) is set to acquire Endeavor Energy Resources for $26 billion. Lastly, a federal judge ordered Elon Musk to testify in the Securities and Exchange Commission's (SEC) probe into the billionaire's purchase of X.com — formerly Twitter — in 2022. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Wall Street is eager to see the S&P 500's (^GSPC) next move after the index closed last Friday at a record high.
Diamondback Energy (FANG) is set to acquire Endeavor Energy Resources for $26 billion.
Lastly, a federal judge ordered Elon Musk to testify in the Securities and Exchange Commission's (SEC) probe into the billionaire's purchase of X.com — formerly Twitter — in 2022.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
Reuters
Hewlett-Packard lost more than $4 billion over its acquisition of British software firm Autonomy because of an elaborate fraud masterminded by its co-founder Mike Lynch to inflate the company's value, HP's lawyers told a London court on Monday. HP is seeking to recoup losses in a lawsuit brought against Lynch, once hailed as Britain's answer to Bill Gates, and Autonomy's former chief financial officer, Sushovan Hussain. The U.S. technology giant bought Autonomy for $11.1 billion in 2011, in one of the UK's biggest tech deals.
Barrons.com
Stocks were little changed on Monday as markets took a breather ahead of Tuesday’s inflation reading. The Nasdaq Composite was up 0.1%. Traders will be watching Tuesday's consumer-price index release closely for any implications it could have on the Federal Reserve's next move.
Bloomberg
(Bloomberg) -- US companies are discussing cost control on earnings calls at a record rate, amid a push to reallocate funds and invest in new technologies, according to an analysis by Morgan Stanley strategists.Most Read from BloombergPentagon Chief Austin in Critical Care for Bladder IssueTrump’s NATO Remark Sparks Political Storm in World CapitalsOnce-Bitten Europe Is Better Prepared for Trump’s NATO TiradesTrump Says There’s ‘No Way’ Taylor Swift Can Endorse BidenTranscript mentions of “opera
Bloomberg
(Bloomberg) -- Six years after a famous blowup in the volatility market shattered a lengthy calm in US stocks, the latest Bloomberg Markets Live Pulse survey reveals growing Wall Street concern over a new boom in trades that bet against equity turbulence.Most Read from BloombergPentagon Chief Austin in Critical Care for Bladder IssueTrump’s NATO Remark Sparks Political Storm in World CapitalsOnce-Bitten Europe Is Better Prepared for Trump’s NATO TiradesTrump Says There’s ‘No Way’ Taylor Swift Ca
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