Investment firm D.E. Shaw has built a position in Riot Platforms and may push it to make changes, two sources familiar with the matter said, making it the second activist shareholder to do so at the cryptocurrency mining company. Reuters could not determine the size of D.E. Shaw's stake in Riot. Representatives for Riot and D.E. Shaw, which oversees $70 billion in assets, declined to comment.
Apple downgraded, Rivian initiated: Wall Street's top analyst calls
Apple downgraded, Rivian initiated: Wall Street's top analyst calls
Oil prices slip as US inventories rise; tariff concerns in focus
(Reuters) -Oil prices edged lower on Wednesday on a rise in U.S. crude stockpiles and easing concern over Libyan supply, with U.S. tariffs on Canadian and Mexican imports also in focus. Brent crude futures were down 44 cents, or 0.57%, at $77.05 a barrel by 1400 GMT. The White House said on Tuesday that U.S. President Donald Trump still plans to impose 25% tariffs on imports from Canada and Mexico on Saturday.
Got $3,000? Buy These 2 Cryptocurrencies Right Now.
With an ongoing crypto bull market and widespread interest in the asset class among everyone from retirement investors to the government, now's a great time to think about starting a position in some of the sector's leaders. Many investors are familiar with the Solana platform, which is becoming widely known as the place for meme coin investing. More importantly, several catalysts in the coming year or so could send its price soaring, including the potential approval of exchange-traded funds (ETFs) that hold the Solana coin.
Could Dogecoin Reach $1 in 2025?
The popular meme coin has climbed to its highest levels since 2021.
US upstream oil and gas dealmaking hit $105 billion in 2024, Enverus says
Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets to acquire, consultancy Enverus said on Wednesday. Last year's total deal value fell sharply behind the whopping $192 billion in mergers and acquisitions done in 2023, which included the $60 billion combination of Exxon Mobil and Pioneer Natural Resources. The Permian remained the most desirable acquisition target, but buyers are also looking further afield as opportunities there dry up, according to Enverus' report.
Credit Skeptics Place a $10 Billion Bet in High-Priced Market
(Bloomberg) -- A small band of Wall Street skeptics are moving to protect their credit portfolios against a market priced like nothing in the economy could possibly go wrong.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoUS Students’ Reading Scores Drop to Worst in More Than 20 YearsTexas HOA Charged With Discrimination for Banning Section 8 RentersManhattan’s Morning Commute Time Drops With New Congestion