Explore Tag

1. Military tensions are escalating in the Middle East with reports of Iranian missiles and drones targeting Kuwait, alongside an incident where a tanker was struck in the Strait of Hormuz.
2. Carl Icahn is selling the auto-service chain Pep Boys to Mavis for $700 million.
3. The U.S. is imposing an additional 50% tariff on certain products from Canada.
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1. Apple is suing OpenAI and its former employees for alleged trade secret misappropriation.
2. MGM Resorts is reportedly negotiating a potential deal with Barry Diller’s People Inc.
3. Several SEC filings disclosed significant insider stock sales, including an Arista Networks director intending to sell shares worth approximately $43.91 million.
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1. Israel and Hezbollah have reportedly agreed to a ceasefire set to take effect at 4 PM local time, causing Brent and WTI crude futures to turn negative.
2. Markets have fully priced in a 25 basis point Fed rate hike in September, while CME data shows a 39.6% probability for a July hike.
3. AbbVie is nearing a deal to acquire biotech firm Apogee Therapeutics for almost $11 billion.
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