NYSE:DFS - New York Stock Exchange, Inc. - US2547091080 - Common Stock - Currency: USD
As we await the opening of the US market on Tuesday, let's delve into the pre-market session and discover the S&P500 top gainers and losers shaping the early market sentiment.
Capital One will be even more focused on credit-card lending now that it has completed the Discover deal.
(Reuters) -Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner energy sources. Shares of TXNM rose as much as 8.3% to $57.29, an all-time high, as the all-cash deal from Blackstone valued the New Mexico-based utility at $61.25 per share, representing about 15% premium to the stock's last close, according to LSEG data. Utility NRG Energy said last week it would acquire some power generation assets from energy infrastructure investment firm LS Power in a deal valued at $12 billion.
Capital One expanded its board from 12 to 15 members, adding Thomas Maheras, Michael Shepherd, and Jennifer Wong from Discover's board.
Capital One Financial Corporation (NYSE:COF) has announced that it has completed the acquisition of Discover Financial Services for $35.3 billion. The company entered into a definitive agreement to acquire Discover on February 19, 2024, which received approval from the Board of Governors of the Federal Reserve System in April this year. Stockholders of both Capital […]
Almost 15 months after its announcement, Capital One Financial Corp.’s takeover of Discover Financial Services was officially completed on Sunday, creating the largest credit-card issuer by loan volume in the US.
We recently published a list of 8 Stocks on Jim Cramer’s Radar Recently. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against other stocks that Jim Cramer discussed recently. On Wednesday’s episode of Mad Money, Jim Cramer reviewed the recent developments affecting drug distribution companies […]
With Coinbase (COIN) set to be added to the S&P 500 on May 19, ETFs with exposure to the stock have seen a surge in value.
The euphoria over the US-China trade extended for a second day as a tech rally led stocks higher on Tuesday.
Wondering why Coinbase made headlines on Tuesday? Here's why the company is hot water cooler talk today.
Coinbase could witness $16 billion in capital inflows post its S&P 500 listing, Bernstein said.
Coinbase Global's (COIN) upcoming inclusion in the S&P 500 is expected to help boost institutional o
The euphoria over the US-China trade truce began to fade as investors digested the latest reading on consumer prices.
The company said, “While we exceeded expectations in Q1 and see great value in the areas of the business I just went through, we believe the macroeconomic trends will continue to put pressure on our company and business trends will worsen before they get better. Google and their expansion of AI Overviews continues to keep web traffic captive in the Google search experience and migrate search to Gemini. Additionally, language model companies are turning to academia for validation, with OpenAI rec
US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
It’s the first time that a cryptocurrency company will be included on the closely followed index. Coinbase shares are up double digits on the news.
Coinbase joins the S&P 500, marking a milestone for Bitcoin, further highlighting Bitcoin’s strong performance, outperforming gold and the S&P 500 over the years.
Which among the two major credit card players, COF & American Express, is better placed to navigate uncertain macroeconomic conditions? Let's find out.
FIS' first-quarter earnings are likely to have been aided by lower operating expenses.
With nearly 11 million members and growing profitability, SoFi looks ready to jump to the next level. If SoFi grows to become a top 10 financial institution, it could be a massive home run for investors. Banking disruptor SoFi Technologies (NASDAQ: SOFI) has grown at an impressive pace in roughly four years since it became a publicly traded company.
DFS' first-quarter results benefit from a decline in provision for credit losses and strong growth in PULSE and Diners Club volume, partially offset by elevated employee compensation and benefits expenses.