David Zaslav, president and CEO of Warner Bros. Discovery, has now sold over $195 million worth of stock since the media company clinched a deal to be acquired by David Ellison’s Paramount Skydance earlier this year. Zaslav’s latest sale of 773,173 shares of WBD stock, for an aggregate market value of $21,655,292, was handled on
SpaceX stock rose on Monday to reclaim an important milestone: its $135 IPO price. The stock jumped back above that threshold on Monday, rising to close 4% higher at $138.74 after struggling to mount a decisive gain early in the session. Shares are up more than 25% in August, and a 15% rally on Friday
The stock market has been hot but the job market has been cool, potentially leading some older workers to simply head for the exits sooner than they expected. Friday’s jobs data showed that the overall labor force participation rate ticked down to 61.4% in July, the lowest since early 2021 when the economy was still
Europe’s stock market is firing on all cylinders and drawing money managers who say this rally will be more durable than just another short-term trade. Whether it’s earnings, economic growth, sentiment surveys or fund flows, market metrics across the board show a major shift is underway in European stocks. The price action reflects that. The
Staying at one company for decades was once a badge of honor. But as layoffs have become more common and workers have turned to job hopping for higher pay and career growth, employee loyalty has become harder to find. Billionaire investor Bill Ackman, however, still believes earning employee loyalty is worth every penny. That’s why
Citrini Research, the market research firm that went viral for its futuristic AI doomsday scenario earlier this year, sees the rise of agentic threats boosting demand for cybersecurity. In a note published on Friday, Citrini shared its bullish thesis on the sector, noting that the rapid rise of AI capabilities means companies have a greater