Section
The latest stocks coverage from the TrustFinance editorial desk.
GameStop revealed in a regulatory filing it now owns 43.4 million shares of eBay, representing a 9.8% stake, escalating its pursuit of the e-commerce company after an unsolicited buyout offer.
The top federal prosecutor in Brooklyn has informed a judge he has no basis to challenge the Department of Justice's decision to abandon its fraud and bribery case against Indian billionaire Gautam Adani, according to a court filing.
As the Philadelphia Semiconductor Index enters a bear market, an analysis from Investing.com highlights NVIDIA and Broadcom as compelling opportunities, citing distinct strengths in AI-driven growth and defensive quality.
Russia's benchmark stock index fell 2.83% to its lowest point in three years, driven by significant losses in the energy and mining sectors despite a rally in global oil prices.
Mexico's benchmark stock index closed higher on Friday, buoyed by gains in industrial and consumer-focused companies, even as the Mexican peso weakened against the U.S. dollar.
Colombia's benchmark COLCAP index closed higher on Friday, supported by gains in the industrial, services, and agriculture sectors. The advance occurred as the Colombian peso weakened against the U.S. dollar and key commodity prices rose.
Brazil's benchmark stock index, the Bovespa, closed marginally lower on Friday as weakness in the real estate and financial sectors countered strong performance from commodity-linked companies like Petrobras.
Canada's benchmark stock index, the S&P/TSX Composite, fell 0.22% to close the trading week, as losses in the technology and consumer discretionary sectors offset a significant rally in crude oil prices.
Meta Platforms stock is trading nearly 19% below its highs, creating a sharp divide between investors. Bulls point to AI-supercharged ad revenue and future growth, while bears warn of a stretched valuation, massive capital expenditures, and growing regulatory threats.
