Lineage’s Nasdaq debut sees 5% rise, raising $4.4 billion amid aggressive growth strategy
Lineage, the world’s largest temperature-controlled warehouse real estate investment trust (REIT), made a notable debut on the Nasdaq Stock Market on Thursday. Trading under the ticker symbol “LINE,” the company’s shares surged by up to 5% on the first day. This
How to invest in cybersecurity: The case for ETFs amid CrowdStrike’s turmoil
In the wake of a dramatic 33% drop in CrowdStrike’s shares, savvy investors like Cathie Wood see a buying opportunity. But for retail investors, the decision to buy a plummeting stock or wait out the uncertainty can be daunting. As CrowdStrike
Grayscale Ethereum Trust faces $26 million outflow as investors shift to lower-cost alternatives
In a dramatic shift, investors withdrew $26 million from spot Ether ETFs on the second day of trading, following an initial $100 million inflow. This notable withdrawal has significantly impacted the Grayscale Ethereum Trust (NYSE: ETHE), a major player in
Musk to seek Tesla board approval for $5 billion investment in AI start-up xAI
Tesla chief executive Elon Musk announced his intention to seek board approval to invest $5 billion in his artificial intelligence start-up, xAI. The potential investment would further integrate Musk’s extensive network of technology companies, emphasizing Tesla’s strategic shift towards AI
Apollo to acquire UK parcel delivery company Evri for £2.7 billion
US investment group Apollo has struck a deal to buy UK parcel delivery company Evri, gaining control of a significant competitor to Royal Mail. The acquisition is valued at approximately £2.7 billion, according to sources familiar with the matter. This