by Akanksha Bakshi | Oct 19, 2026 | General
Red Cat Holdings Inc. (NASDAQ:RCAT) announced Monday a proposed all-cash offer to acquire Austrian engine manufacturer Steyr Motors AG for 39 euros per share, aiming to expand its autonomous maritime defense business. The acquisition would combine Steyr Motors’...
by Lekha Gupta | Oct 19, 2026 | General
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) stock rose more than 4% in Monday’s premarket trading, recovering some of last week’s steep losses as investors returned to beaten-down artificial intelligence stocks. The rebound came as Nasdaq futures gained 1.12%,...
by Tanya Rawat | Oct 19, 2026 | General
Billionaire investor Bill Ackman outlined what he described as ways to “destroy a country,” pointing to wealth taxes, government waste, rising borrowing costs and other policies he argued could undermine economic incentives. Ackman made the remarks in a...
by Anusuya Lahiri | Oct 19, 2026 | General
Microsoft Corp. (NASDAQ:MSFT) has abandoned a U.K. data center deal with Nscale amid power constraints at the project site, exposing a growing obstacle to the rapid expansion of AI infrastructure. Power Shortages Derail Microsoft Deal Microsoft withdrew from Nscale’s...
by Avi Kapoor | Oct 19, 2026 | General
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a...
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