Jamie Dimon poaches Buffett insider Todd Combs, and Wall Street reads between the lines – JPMorgan Chase (NYSE:JPM)

Jamie Dimonthe CEO of JPMorgan Chase & Co. (NYSE:JPM)has brought Todd Kammen on board. What happened: Combs, formerly an investment manager for Warren Buffett bee Berkshire Hathaway Inc. (NYSE:BRK)will lead a new $10 billion group at JPMorgan. Combs, once seen as a potential successor to Buffett, will also serve as a special advisor to Dimon. […]

Crypto Firm Tether Makes Bold $1 Billion Play for Juventus Football Club

Tether companies announced on Friday that it had submitted a binding cash offer Exora Netherlands-based global investment holding company, controlled by the Italian Agnelli family, to acquire its entire stake Juventus Football Club. The proposal covers Exor’s 65.4% stake in Juventus, and Tether has offered an investment of €1 billion ($1.17 billion) if the takeover […]

Elon Musk fires back after Gavin Newsom’s office mocks his relationship with estranged trans daughter: ‘I love Xavier very much’

Elon Musk became embroiled in a public clash with the governor. Gavin Newsom (D-Calif.) Friday after the governor’s press office mocked the billionaire’s relationship with his estranged transgender daughter. Newsom Press Agency Sparks Controversy With X Post Newsom’s press office shared a video posted by America PACa super political action committee founded by Musk, in […]

Trump says next Fed chairman will likely be Warsh or Hassett: ‘2 Kevins are great’ – Oracle (NYSE:ORCL)

The battle to lead the United States central bank appears to be narrowed down to two primary candidates. The front runners: “The two Kevins” Speak of The Wall Street Journal from the Oval Office on Friday, President Donald Trump indicated that he decides between the director of the National Economic Council Kevin Hassett and former […]

Tenaya shares fall after announcing $60 million stock offering – Tenaya Therapeutics (NASDAQ:TNYA)

Tenaya Therapeutics, Inc. (NASDAQ:TNYA) Shares are trading lower on Friday, with session volume of 42.39 million compared to the average volume of 3.51 million, according to data from Benzinga Pro. • Tenaya Therapeutics stock is feeling bearish pressure. What’s putting pressure on TNYA stock? On Thursday, Tenaya Therapeutics priced its underwritten public offering of 50 […]

Why is the food supply declining today? – Food Ingredients Above (NASDAQ:ABVE)

Above Food Ingredients Inc. (NASDAQ:ABVE) Shares traded lower on Friday as investors weighed the timing of the audit against improved earnings expectations. The plant-based food company provided an update on its financial review and restructuring progress. The company says the audit work remains on schedule, but is expected to be completed shortly after year-end. Also […]

Top Wall Street forecasters revise Lennar’s expectations ahead of fourth-quarter earnings – Lennar (NYSE:LEN)

Lennar Corporation (NYSE:LEN) will announce fourth-quarter earnings results after the closing bell on Tuesday, December 16. Analysts expect the Miami, Florida-based company to report quarterly profit of $2.18 per share, compared to $4.03 per share a year ago. The consensus estimate for Lennar’s quarterly revenue is $9.13 billion. Last year, the company reported revenue of […]

Reddit files lawsuit against Australia’s social media ban on under-16s, citing freedom of speech violations – Metaplatforms (NASDAQ:META), Reddit (NYSE:RDDT)

Reddit (NASDAQ:RDDT) has taken legal action against Australia’s social media ban on under-16s, arguing it goes against free political discourse. High-stakes conflict over app ban On Friday, Reddit challenged Australia’s ban on social media for young teens in the country’s highest court under the new Social Media Minimum Age (SMMA) law. The ban, which was […]

Mark Cuban Criticizes SEC and DOJ for Ignoring ‘Material Risks’ from Health Insurance Fraud, Warns of $35 Billion Exposure to Taxpayers – UnitedHealth Group (NYSE:UNH)

Billionaire entrepreneur Mark Cubanon Thursday questioned the lack of action by the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) against health insurers. Risks of zero-premium registrations Cuban turned to He also suggested that the total $35 billion in premium tax credits could and should be returned to taxpayers. Cuban wondered […]

Lululemon, Broadcom and 3 Stocks to Watch Heading into Friday – Lululemon Athletica (NASDAQ:LULU)

With US stock futures trading mixed this morning into Friday, some of the stocks that could catch investors’ attention today include the following: Wall Street expects Johnson Outdoors Inc. (NASDAQ: JOUT) will report a quarterly loss of 68 cents per share on revenue of $117.24 million before the opening bell, according to data from Benzinga […]