Grindr shareholders offer to take dating app private for $3.46 billion
Yahoo Finance· 2025-10-24 17:29
Group 1 - A consortium of Grindr shareholders, owning over 60% of outstanding shares, has proposed to take the dating app private for approximately $3.46 billion [1] - Following the announcement, Grindr's shares increased by over 22% [1] - Grindr has become a prominent dating platform for the LGBTQIA+ community since its launch in 2009, with millions of users across more than 190 countries [1] Group 2 - The consortium has received significant expressions of interest for financing, including multiple highly confident letters and equity contributions, indicating strong support for the acquisition [2] - The shareholders are confident that the financing sources will be sufficient to fund the acquisition [2] - Grindr has not yet responded to requests for comment regarding the proposal [2]
Longleaf Partners Fund is Expecting a Surge in CNX Resources Corporation’s (CNX) Stock Price
Yahoo Finance· 2025-10-24 17:29
Longleaf Partners, managed by Southeastern Asset Management, released its “Partners Fund” third-quarter 2025 investor letter. The letter can be downloaded here. The fund returned -0.33% in the third quarter, compared to the S&P 500’s 8.12 % return and the Russell 1000 Value’s 5.33% return. The firm is not happy with the flat performance of the portfolio, emphasizing its investments in real assets and brands that generate growing free cash flow (FCF) per share. Despite facing market pressures from speculati ...
European Stocks Close Higher After Cautious Session
RTTNews· 2025-10-24 17:28
Despite struggling for support till mid afternoon, European stocks edged higher on Friday after cooler-than-expected U.S. consumer price inflation raised prospects of an interest rate cut by the Federal Reserve next week. Investors also digested a fresh batch of corporate earnings announcements, and regional economic data, in addition to following the developments on the geopolitical front.Data from the Labor Department showed the U.S. consumer price index rose by 0.3% in September after climbing by 0.4% i ...
North Carolina Wants to ‘Lead the Nation’ in Psychedelics. Here’s 1 ‘Strong Buy’ Stock to Buy Now.
Yahoo Finance· 2025-10-24 17:27
Atai’s pipeline is designed to transform mental health care. Key assets include VLS-01 (DMT-based for treatment-resistant depression), EMP-01 (MDMA-based for social anxiety), and novel non-hallucinogenic 5-HT2A receptor agonists. With convenient administration methods and short in-clinic times, Atai is positioning itself as a market leader in next-gen psychedelic medicine.Based in both Berlin, Germany and the Netherlands, Atai Life Sciences is pushing the boundaries of mental health treatment. This clinical ...
Lazard Q3 Earnings Beat Estimates, Advisory Revenues & AUM Rise Y/Y
ZACKS· 2025-10-24 17:26
Key Takeaways Lazard's adjusted EPS of 56 cents top estimates and improved from 38 cents in the year-ago quarter. Quarterly revenues grew 12.4% y/y, driven by gains in advisory and asset management. AUM climbed 16.9% to $264.5B, with inflows and stronger market and currency performance. Lazard Inc.’s (LAZ) third-quarter 2025 adjusted earnings per share of 56 cents beat the Zacks Consensus Estimate of 41 cents. This compared favorably with earnings of 38 cents per share in the year-ago quarter.Lazard’s resul ...
The Stock Market Climbed to New Highs. Here's What Can Keep It There—or Knock It From Its Perch.
Barrons· 2025-10-24 17:26
The pressure is on top companies to keep reporting earnings that beat Wall Street's forecasts—and failure to do so could be met with severe consequences. ...
STMicroeletronics - Negative Development And Underperformance Since 2022
Seeking Alpha· 2025-10-24 17:26
Analyst’s Disclosure:I/we have a beneficial long position in the shares of IFNNY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advic ...
Top Stock Movers Now: Ford Motor, AMD, Deckers Outdoor, Newmont, and More
Investopedia· 2025-10-24 17:25
Ford shares surged after the automaker posted quarterly results that topped analysts' estimates. Artur Widak / NurPhoto / Getty Images Coinbase Global (COIN) shares advanced after an upgrade from JPMorgan, citing potential sources of new growth for the cryptocurrency exchange and strengths relative to its peers. Deckers Outdoor (DECK) shares plunged to lead decliners on the benchmark index after the company behind the Ugg and Hoka shoe brands gave a weaker-than-expected outlook, saying it sees consumers pul ...
Tesla's ‘Mad Max' driver assistance mode sparks probe by feds after cars seen operating at higher speeds
New York Post· 2025-10-24 17:25
The National Highway Traffic Safety Administration said Friday it is seeking information from Elon Musk’s Tesla about a new driver assistance mode dubbed “Mad Max” that operates at higher speeds than other versions.Some drivers on social media report that Tesla vehicles using the more aggressive version of its Full Self-Driving system could operate above posted speed limits.“NHTSA is in contact with the manufacturer to gather additional information,” the agency said. “The human behind the wheel is fully res ...
Wall Street Roundup: Are We In A Bubble?
Seeking Alpha· 2025-10-24 17:25
Earnings Highlights - Tesla reported a 12% increase in revenue, beating expectations, but missed on the bottom line and experienced a margin shrink [7][8] - GM's stock rose 15% after beating earnings expectations and raising guidance, achieving its highest market share since 2017 [9][10] - Netflix's stock dropped 10% despite a 17% revenue increase, primarily due to a $600 million charge related to a tax dispute and margin decline [11][12] - Intel's stock rose 2% following strong results and guidance, with a 57% increase since NVIDIA's investment announcement [18][20] Market Trends - Concerns exist regarding potential EV demand softening as tax credits expire, impacting companies like Tesla [10] - The CPI report indicated a core inflation rate of 3%, with expectations for the Fed to cut rates by 25 basis points [20] - The market is observing a dichotomy between long-term investment opportunities and near-term trading risks, particularly with stocks like Netflix [16][17] Upcoming Earnings - Google and Meta are set to report earnings, with Google showing a 36% increase since its last report, while Meta faces valuation and spending concerns [21] - Apple is expected to comment on its new iPhone and a $100 billion manufacturing commitment to the US, aimed at mitigating tariff impacts [21] - Microsoft will report earnings, with a focus on its cloud business, which saw a 26% growth last quarter [22]