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Delta CEO Ed Bastian Says Airline Will Prioritize Global Expansion Over Domestic Tie-Ups Despite Trump’s Merger-Friendly Policies

by Badar Shaikh | May 19, 2026 | General

Delta Air Lines Inc. (NYSE:DAL) CEO Ed Bastian has said that the company will be prioritizing expanding globally rather than considering consolidation in the U.S. aviation industry. Global Expansion In an interview on Monday, Bastian said that the company wasn’t keen...

SpaceX’s Explosive IPO Could Turn These Early Investors Into Mega Winners: Report

by Namrata Sen | May 19, 2026 | General

Hedge fund D1 Capital Partners is reportedly poised to reap significant benefits from the upcoming public listing of Elon Musk‘s SpaceX. D1 Capital’s stake in SpaceX could be worth approximately $20 billion if the rocket manufacturer achieves its anticipated $1.75...

Supreme Court Hands Major Blow To Big Pharma’s Fight Against Biden-Era Medicare Drug Pricing Law

by Tanya Rawat | May 19, 2026 | General

The U.S. Supreme Court on Monday declined to hear a pharmaceutical industry challenge to the Medicare drug price negotiation program created under former President Joe Biden’s Inflation Reduction Act, according to Reuters. The justices rejected appeals from...

Paul Atkins First Hinted At ‘Innovation Exemption’ Months Ago, Now The SEC Is Using It To Roll Out A Framework For Tokenized Stocks: Report

by Aniket Verma | May 19, 2026 | General

The Securities and Exchange Commission is preparing to launch a framework for trading tokenized versions of popular Wall Street-listed stocks, according to a report published on Monday. ‘Innovation Exemption’ Out Soon? The agency is expected to release its new...

Hedge Funds Go ‘All-In’ On Semiconductors As SOXX Exposure Hits Record Highs

by Rishabh Mishra | May 19, 2026 | General

Institutional investors are aggressively rotating into the semiconductor sector, driving hedge fund market exposure to unprecedented levels as major Wall Street players increased their stakes during the first quarter of 2026. Historic Shift In Market Exposure...
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