In Today’s News

The “smart money” is piling into one AI power company. [sponsor]

Meta seeks at least $25 billion from bond sale, Bloomberg reports

Fixed-income news service IFR said the parent of Facebook and Instagram has filed for a six-part bond sale without disclosing a size, and was marketing bonds with maturities ranging from five to 40 years. Citigroup and Morgan Stanley are leading the offering, IFR reported.The longest-dated notes are being off … Read More »

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Analysis-Novo Nordisk changes tack with bold raid on Pfizer obesity deal

LONDON (Reuters) -Novo Nordisk’s late bid to hijack Pfizer’s takeover of U.S. obesity biotech Metsera marks an aggressive shift from the Danish drugmaker as it seeks to regain ground in the weight-loss drug market under a new CEO and board.Novo, the drugmaker behind blockbuster weight-loss drug Wegovy and dia … Read More »

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Featured Article

Bullish options plays set to boost S&P 500 gyrations around 7,000 level

NEW YORK (Reuters) -A wave of bullish options trading has amplified the U.S. stock market’s advance toward another major milestone and left dealers positioned so that market swings are likely to be exaggerated in coming days or weeks, according to options specialists.The S&P 500’s 17% rally this year to reco … Read More »

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Other Headlines

Goldman Sachs CEO Solomon warns of a US ‘reckoning’ on government debt

“If we continue on the current course, and we don’t take the growth level up… there will be a reckoning,” Solomon told the Economic Club of Washington.Â The U.S. national debt recently hit $38 trillion.”We should be concerned about this, not sounding an alarm bell,” he said. “But I do think over time, thi … Read More »

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