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Ten-year Treasury yields back up to 4.5% as rate-cut optimism dims

Bond yields moved higher early Thursday as recent hopes over a summer rate cut were pared somewhat.

Thu May 9, 2024 10:40
Here’s why BBVA just launched a hostile bid for Santander

Days after a rebuff of an initial offer, BBVA turned hostile in its attempt to acquire smaller rival Sabadell.

Thu May 9, 2024 10:40
BOJ’s policy board becoming more concerned about effects of a weaker yen

The Bank of Japan’s policy board is becoming more concerned about upside risks to its inflation outlook amid the yen’s sharp weakening which leads to higher import prices, according to a summary of opinions from its latest April meeting released Thursday.

Thu May 9, 2024 06:21
Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds

Paramount Global’s vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according to a new report.

Thu May 9, 2024 06:21
AppLovin’s stock rallies as earnings highlight improvements in app ad market

Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.

Thu May 9, 2024 06:21
Airbnb expects a stronger summer quarter, spurred by Olympics, but shares fall

Online vacation-rental platform Airbnb Inc. on Wednesday forecast second-quarter sales that were below Wall Street’s expectations, largely due to Easter falling in March this year, but the company said big events abroad like the Summer Olympics in Paris and the Euro Cup would help sales over the summer.

Thu May 9, 2024 06:21

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