Fast Money
Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients
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Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients
Finance
Stocks making the biggest moves midday: Planet Fitness, Whirlpool, Vital Farms, Shake Shack & more
Check out the companies making the biggest moves midday: Planet Fitness — Shares fell nearly 33% after the gym operator lowered its full-year earnings outlook. The company now sees its bottom line growing about 4% year on year. That’s down from a forecast that called for an expansion of 9% to 10%. Vital Farms — […]
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Finance
Kalshi traders see odds rising that a U.S.-Iran nuclear deal will be reached by 2027
Key Points Traders on prediction markets platform Kalshi now see a 58% chance a deal is reached by 2027. That’s higher than before an Axios report said the two countries were close to a deal to end the war, but lower than in mid-April when there was more hope for an end to the conflict. […]
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Finance
Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal
Key Points Earlier this week, GameStop made a bold offer to buy eBay for $56 billion. The video game retailer said that it has lined up a $20 billion financing commitment from TD Securities. A key condition in this financing letter from TD Securities would require the combined entity to maintain an investment-grade credit profile, […]
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