Read The Evening 🥃

Welcome your trusted evening news source, for the day's essential business and finance news. Stay informed and ahead with our curated digest of key developments and market insights. Let us provide you with the information you need to make informed decisions.

Markets

Todays Fear or Greed

Today’s Headlines

• S&P 500 Closes at New 52-Week High (BAR)

  JPMorgan to Pay $290 Million to Settle Jeffrey Epstein Accusers’ Suit

  Settlement, if approved by court, would be one of largest ever for civil sex-trafficking case (WSJ)

• FTC files to block Microsoft-Activision Blizzard deal (CNBC)

• Companies, Big Investors Sell Shares at Fastest Rate in Years

  There have been more than $24 billion of ‘follow-on’ share sales since the end of April, boosted by the rebound in stocks (WSJ)

• Nasdaq Seeks Predictability in Deal to Buy Thoma Bravo’s Adenza (BBB)

• Visa Nearing Deal for Brazil Payments Provider Pismo (BBB)

• George Soros Hands Control to His 37-Year-Old Son: ‘I’m More Political’ (WSJ)

• Apple hits record high one week after announcing Vision Pro VR headset (CNBC)

Trade Desk

Biggest Gainers

• Carnival Cruise Lines (SP500:CCL/$14.72): 12.452%

• Broadcom Inc (NASDAQ:AVGO/$855.35): 6.306%

• Intel Corp (DOW:INTC/$33.07): 5.52%

Biggest Losers

• NASDAQ (SP500:NDAQ/$51.00): -11.811%

• Diamondback Energy (NASDAQ:FANG/$129.74): -1.92%

• Chevron (DOW:CVX/$157.33): -0.96%

Latest M&A Flow

Enjoy your evening, cheers 🍻