Benchmark Raises Hut 8 Price Target to $85 After AI Deal
π Key Facts β Benchmark raised Hut 8 price target to $85 β Adjustment follows AI data center deal β Lease pushe...
Dec 22The Blockeconomics
π Key Facts β Benchmark raised Hut 8 price target to $85 β Adjustment follows AI data center deal β Lease pushe...
π Key Facts β 60% of Five Below's products are sourced from China, impacted by tariffs. β Company stock rose 85% year-to-date as of...
π Key Facts β Alphabet is set to pay $4.75 billion in cash, plus debt, for Intersect Power. β Intersect Power is a data center and clea...
π Key Facts β ByteDance plans 50% more global spending on incentives like bonuses and raises in 2026 for top performers. β Bonuses incr...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
Barnes & Noble is among the retailers reportedly opening more stores in 2026. Al Drago/Getty Images Retailers such as Dollar General and Nordstrom Rack plan major store expansions in the US in 2026. S...
π Key Facts β Powerball jackpot estimated at $1.6 billion, fifth-largest in US history. β Payout options: Annuity over 30 years or lump...
π Key Facts β Jim Beam will pause production at Clermont, Kentucky distillery for one year starting 2026. β Exports of US spirits decli...
π Key Facts β Warner Bros. Discovery (WBD) shareholders must weigh pros and cons of tendering shares to Paramount. β The tender offer i...
Getty Images; Alyssa Powell/BI The must-read story in the $5 trillion hedge fund industry used to be about who made the biggest trade or launched the biggest fund. Now it's about who made the biggest ...
Isreal Adeyanju bought a building in New Jersey with his good friend. Courtesy of Isreal Adeyanju Isreal Adeyanju is the co-owner of Kα» CafΓ©, a West African coffee shop in New Jersey. Adeyanju teamed ...
π Key Facts β Interhash acquired a controlling stake in Neopool during the Bitcoin MENA 2025 conference. β Neopool ranks in the top 15 ...
π Key Facts β Experience is hugely underrated, necessary, and a big differentiator for Goldman Sachs. β Around 50% of Goldman Sachs'...
π Key Facts β iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. β Founded in 1990 by Colin ...
π Key Facts β The FDA approved the first-ever GLP-1 pill on Monday. β The pill was developed by Novo Nordisk, a Danish pharmaceutical g...
Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images Chair Jerome Powell released a rare video after he said the Fed had received grand jury subpoenas....
Lincoln County, Kansas is paying remote workers $4,500 cash to move to there. d3sign / Getty Images Some companies are keeping remote work policies even as other firms call people back to the office. ...
π Key Facts β Asset manager Janus Henderson agreed to be acquired by investors Trian Fund Management and General Catalyst. β The acquis...
π Key Facts β The 2025 Rising Stars of Wall Street include seven professionals from sports, science, and engineering backgrounds. β Lam...
π Key Facts β Deloitte's eight-week review, completed in May, identified fragmented Microsoft 365 tools at Whole Foods causing inefficiencies with Amazon. ...