Key Points
- Pershing Square’s Bill Ackman hiked his takeover offer for Howard Hughes Holdings.
- The billionaire investor said Tuesday that his firm has submitted a proposal to acquire 10 million newly issued Howard Hughes shares at $90 per share.
Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’
Finance
Stocks making the biggest moves midday: Nvidia, Ultragenyx Pharmaceutical, Newmont, DigitalBridge & more
Check out some of the stocks making the biggest moves in midday trading. Ultragenyx Pharmaceutical – Shares cratered more than 40% after Ultragenyx announced that its bone disease drug setrusumab fell short of expectations in two trials. “Neither study achieved its primary endpoint of reduction in annualized clinical fracture rate compared to placebo or bisphosphonates,” […]
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Finance
Silver tops $80 for first time, then stages dramatic reversal overnight
Key Points Silver slid more than 3% on Monday, after topping $80 for the first time ever in overnight trading. The precious metal was still higher by more than 155% year to date. It started 2025 trading above just $20 per ounce. That has helped the precious metal outperform even gold this year. Source
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Finance
Stocks making the biggest moves premarket: DigitalBridge, Praxis Precision Medicines, Coupang & more
Check out the companies making headlines before the bell: DigitalBridge — The private equity firm that invests in data centers and other assets surged more than 32% after Bloomberg News, citing unnamed sources, said Japan’s SoftBank is in advanced talks to acquire DigitalBridge. The deal could be announced as soon as Monday, Bloomberg reported. Nvidia […]
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