Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more

Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more




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Mastercard says it’s acquiring stablecoin startup BVNK in .8 billion bet on future of payments
Finance

Mastercard says it’s acquiring stablecoin startup BVNK in $1.8 billion bet on future of payments

Key Points Mastercard said it agreed to acquire stablecoin infrastructure startup BVNK for up to $1.8 billion — including $300 million in performance-contingent payments — in its biggest crypto deal ever. The deal gives the payments giant the ability to connect traditional rails with blockchain-based systems supporting stablecoins and tokenized deposits. BVNK, founded in 2021 […]

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Stocks making the biggest moves premarket: Nvidia, Delta Air Lines, Eli Lilly & more
Finance

Stocks making the biggest moves premarket: Nvidia, Delta Air Lines, Eli Lilly & more

Check out the companies making the biggest moves premarket: Nvidia — The chipmaker traded slightly higher after CEO Jensen Huang said he expects orders for its Blackwell and Vera Rubin chips to reach $1 trillion through 2027. Delta Air Lines — Shares traded more than 4% higher after the company raised its first-quarter revenue growth […]

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Apollo’s John Zito questions private equity’s software valuations: ‘All the marks are wrong’
Finance

Apollo’s John Zito questions private equity’s software valuations: ‘All the marks are wrong’

Key Points Apollo executive John Zito said private equity firms are broadly misstating the value of their software holdings, telling UBS clients last month that “all the marks are wrong.” Zito warned that lenders to smaller software companies could recover as little as 20 to 40 cents on the dollar, implying deep losses. Apollo sought […]

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