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BGC News

Don't Let Mega-Deals Like CVS Buying Aetna Keep You Away From Doing This

While the focus is on Broadcom-Qualcomm, Disney-Fox and CVS-Aetna, don't forget about smaller deals like General Cable being bought by Prysmian.

Dow Jumps to New Record as Tax Reform Buoys Wall Street

The Dow rose by nearly 60 points on Monday, but the S&P 500 and Nasdaq declined.

Dow, S&P 500 Trade at Fresh Record Highs as Senate Tax Bill Fuels Global Market

The potential for the biggest U.S. tax cuts in 30 years has markets at an all-time high and the Dow knocking on the door of 25,000.

General Cable Shares Surge on Prysmian Takeover but Rivals Could Emerge

General Cable jump 34% on Monday, after Italy's Prysmian agrees to a $3 billion deal for the Kentucky-based maker of copper, aluminium and fiber-optic wires.

Dow Back in the Race for 25,000 After Senate Tax Bill Revives the Bulls

The Senate's late-Friday tax bill has U.S. markets poised for new records Monday.

Breaking News

Twitter Stock Leaps As Elon Musk Adds More Equity To $44 Billion Takeover Bid, Closes Tesla Margin Loan

Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.

Nvidia Stock Skids As Muted Gaming Sector Outlook Offsets Q1 Earnings Beat

"As we look into the second half of the year, it's hard to predict exactly when COVID and the war in Russia is going to be behind us," said CEO Jensen Huang.

Macy's Stock Soars On Q1 Earning Beat, 2022 Profit Forecast Boost As Shoppers Defy Inflation Gloom

"While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop," said CEO Jeff Gennette.

Broadcom Agrees to Buy VMware in $61 Billion Cash-and-Stock Cloud Software Deal

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.