Wella files for NYSE IPO with an 18-bank syndicate
The KKR-backed hair care giant filed its S-1 to list on the NYSE, lining up 18 underwriters led by Goldman Sachs, BofA and J.P. Morgan. A syndicate that size signals a large deal, and terms have not been set yet, so the price range is the next thing to watch.
Source: SEC filingThe Dow gave up 316 points, more than double the S&P 500's percentage loss, concentrating the selling in old-economy names. Blue chip holders felt this close the hardest.
Goldman Sachs just snapped up the $13 billion QQQI covered-call ETF, and its 14% yield looks irresistible until you see exactly what Nasdaq investors quietly surrendered to collect those monthly checks.
Cramer's point for AI infrastructure owners: the headline risks hitting data center names keep burning off within a session, so the selloffs reflect sentiment while the build cycle stays intact.
The data center thesis is just getting whacked around again. That union issue lasted a day
On Tim Cook’s last day as chief executive of Apple, CNBC’s MacKenzie Sigalos reported Mac and iPad prices are already up 20%, and the company is signaling that iPhone increases are next. The reason, in Cook’s own words from the July earnings call, is a “100-year flood on the mem…
A grandfather found a legal way to hand off a massive Apple stock gain to his grandson without triggering a federal tax bill, and the method hinges on one income threshold most families never think to check.
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Airbnb (NASDAQ:ABNB | ABNB Price Prediction) stock is up 21% over the past month, a company-specific rerating that has left the broader travel and leisure trade behind. However, shares are down 4% to $182.23 in Monday midday trading, handing back a piece of that run. Meanwhile,…
Vanguard High Dividend Yield ETF (NYSEARCA:VYM) markets itself as a foundational income holding, but VYM’s trailing yield has drifted down to roughly 2.21%, while its largest position is an AI chipmaker. That is an odd profile for a fund retirees are told to lean on for cash flo…
SpaceX paid $60 billion for a coding tool that Russian hackers had already turned into a weapon, and now the remediation bill lands on a company that never built the product and cannot fully control its underlying model.
Apple just posted a record quarter and Salesforce blew past earnings expectations, but the headline numbers on both stocks hide something the market may be mispricing. One trades at a steep discount to the other, and the cheaper one might be doing more with AI right now.
Musk is pushing Grok past search into checkout, where a bot haggles the price for you. If agents start negotiating discounts at scale, retail margins and payment rails are the ones absorbing it.
Grok @Bot will not only do your purchasing, but also find & negotiate the best deal https://t.co/rgVMQqGJIa [Quoted @segall_max]: I just used instinct and stripe link to buy my niece a hot pink piano… entirely from the messaging interface 🤯🤯 Instinct was even kind enough to find me a 15% off discount!!!! https://t.co/yP7Dl7p3fO
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A convicted fraudster, a prediction market, and a bet on his own attendance at the State of the Union: the fallout from that wager just made history in ways that go far beyond a slap on the wrist.
