by Namrata Sen | Jun 16, 2026 | General
On Tuesday, Yum Brands Inc. (NYSE:YUM) confirmed the sale of its subsidiary, Pizza Hut, to private equity firm LongRange Capital for nearly $1.5 billion. The Mainland China operations of Pizza Hut will be taken over by Yum China Holdings, Inc. (NYSE:YUMC) for nearly...
by Parshwa Turakhiya | Jun 16, 2026 | General
Galaxy Digital, NYDIG, and Standard Chartered each published in-depth Bitcoin (CRYPTO: BTC) bottom analysis this week—and reached three completely different conclusions on where the cycle low lands. Galaxy Says Bottom Is Still Ahead Between $40,000 and $46,000 Galaxy...
by Lekha Gupta | Jun 16, 2026 | General
Fiserv, Inc. (NASDAQ:FISV) shares are slightly up during Tuesday’s premarket session. The company has announced the launch of tender offers to repurchase two series of its outstanding debt. This move comes amid a mixed market backdrop, with the Nasdaq showing slight...
by Piero Cingari | Jun 16, 2026 | General
President Donald Trump declared, “The Deal with the Islamic Republic of Iran is now complete,” and told the world’s tankers to “start your engines” on Sunday. Goldman Sachs responded by cutting its crude forecast. The bank now sees Brent crude...
by Anusuya Lahiri | Jun 16, 2026 | General
Space Exploration Technologies Corp. (NASDAQ:SPCX) has agreed to acquire AI coding startup Anysphere Inc. (“Cursor”), in an all-stock deal valued at an implied equity value of $60 billion, according to a Form 8-K filed Tuesday. SpaceX To Acquire Cursor On June 16,...
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