Qualcomm has concluded the acquisition of Alphawave Group, known as Alphawave Semi, for an implied enterprise value of around $2.4bn (£1.79bn). The company reported that the transaction was completed a quarter ahead of schedule. Announced in June 2025, the deal was originally expected to close in the first quarter of 2026. Tony Pialis, CEO and co-founder of Alphawave Semi, will lead Qualcomm’s data centre business. Pialis said: “Joining Qualcomm marks an exciting new chapter for Alphawave Semi. “We a ...

Core Insights - The Invesco CurrencyShares Swiss Franc Trust (FXF) is an exchange-traded investment vehicle designed for investors seeking exposure to the Swiss franc, making it one of the most direct investment options available [1] Group 1 - The trust is managed by Invesco, a well-known investment manager [1] - FXF provides a straightforward way for investors to gain access to the performance of the Swiss franc [1]

Following my coverage on Installed Building Products ( IBP ) in August, I recommended a hold rating as the outlook wasn’t great. The housing market remains soft, and the IBP pace of acquisition was also lagging. FastI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be dra ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Buy now, pay later company Zip has received a warehouse facility of about $283 million from Victory Park Capital, the investment firm announced Monday. Atlas SP Partners partnered with Victory Park Capital to facilitate the transaction. The two-year deal will support Zip’s U.S. BNPL receivables, allowing the company, which has a U.S. headquarters in ...

Core Insights - Agronomics Limited has announced the dissolution of its portfolio company Meatable B.V and the termination of all operating activities [1][2] Financial Impact - Agronomics has invested a total of £7.9 million in Meatable, which will now be written off to zero, representing approximately 8.10% of Agronomics' last stated Net Asset Value as of September 30, 2025 [3] Strategic Decisions - The board and shareholders of Meatable concluded that an orderly wind-down of the business is the most appropriate course of action due to the inability to secure continued funding from existing shareholders or new investors [2][4]

Bitcoin whipsawed again after Thursday’s soft inflation report signaled a recovery, triggering over $500 million in crypto liquidations. With headline and core inflation coming in at 2.7% and 2.6%, respectively, below 3% forecasts, the crypto market outlook seemed bullish. Bitcoin even came close to revisiting $90,000, but sellers stepped up again, undoing the gains in a few hours. Per CoinGlass data, the crypto market saw $575 million in liquidations over the past 24 hours, of which $368 million were lo ...

Cognizant and Microsoft have formed a multi-year partnership aimed at enabling enterprises worldwide to implement AI solutions. The companies plan to jointly develop industry-grade AI technologies for critical industries including financial services, healthcare and life sciences, retail and manufacturing. The agreement includes global co-selling of these solutions and collaboration on significant deals within these sectors. In addition, the partnership will see Cognizant and Microsoft embedding agentic ...

It might seem like ages ago that One Big Beautiful Bill Act was signed into law by President Donald Trump on July 4, but most of the bill will kick into effect starting in January, and there are considerable implications for markets. The tax and spending legislation should give a boost to what Manish Kabra, the chief US equity strategist at Société Générale, calls the "other half" of the S&P 500 index, or more traditionally cyclical sectors outside the tech and AI space.Ahead of the new year, Kabra compil ...

Core Points - The European Investment Bank (EIB) has submitted SEC Form 18-K/A Amendment No. 6 [1] - The amendment pertains to the Annual Report for the year 2024 [1] - The document is available on both the EDGAR Filing Documents and the EIB website [1]

Group 1: Market Performance - The U.S. stock market has seen significant gains in 2025, with the S&P 500 index up more than 14% year to date, outperforming its historical annualized return of about 8% [1] - Robinhood Markets has experienced a remarkable increase of 222% this year, while SoFi Technologies has risen by 69%, significantly outperforming the broader market by 202 percentage points and 55 percentage points, respectively [1][2] Group 2: Robinhood Markets - Robinhood is popular among younger investors, boasting 26.8 million funded accounts, which positions it well as wealth transfers from older consumers to younger generations [4] - The company has launched various new products and services, leading to total platform assets exceeding $333 billion, more than doubling from the previous year, with revenue also rising by 100% [5] - Despite its growth, Robinhood's stock trades at a high price-to-sales (PS) ratio of 26, indicating it has become increasingly expensive [7] - More than half of Robinhood's revenue comes from transaction-based activities, making it vulnerable to market fluctuations [8] Group 3: SoFi Technologies - SoFi Technologies has expanded its user base from 1.4 million in 2020 to 12.6 million, with a year-over-year customer growth of 35% in the third quarter [9] - The company offers a comprehensive digital platform for banking, borrowing, investing, and learning, with potential for further growth through cross-selling opportunities [10] - Management anticipates full-year earnings per share of approximately $0.37, more than double the previous year's earnings, and expects a 51% increase in tangible book value, amounting to $2.5 billion [12] - Although SoFi's stock has performed well, it may face a period of adjustment after its rapid rise, but it remains a strong long-term investment if it can sustain its growth [13]