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SFD News

NASCAR's Danica Patrick Announces Exit from Stewart-Haas Racing

Danica Patrick has represented Stewart-Haas in NASCAR for the past six years.

An Activist Could Push the "Other Berkshire Hathaway"

Leucadia National is considering strategic options as it continues to shift its focus towards investment banking, though an activist could push it to do a deal.

China Moves on Another Front, the Bid for Micron

We are increasingly see the new economic era approaching us and the United States government seems to be fighting the old wars. That must change

Identity Swap for Smithfield's New Chinese Boss

Smithfield Foods' new Chinese owner has changed its corporate name, the first step toward a possible initial public offering.

The Deal: Smithfield Deal Likely to Clear National Security Review

Shanghui International Holdings is expected to receive clearance from national security regulators for its planned $7.1 billion acquisition of Smithfield Foods.

Breaking News

Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal

"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," Musk said.

Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn

Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.

Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble

Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers.

Walmart Builds on Its Biggest Edge Over Amazon

Retailing giant Walmart wants to ensure its customers can get what they're looking for, however they want to buy it.