Once-in-a-Generation Chemicals Crisis Upends Private Equity Firm’s Bet
A yearslong downturn in the sector has weighed heavily on SK Capital’s returns www.bloomberg.com #OnceinaGeneration #Chemicals #Crisis #Upends #Private #Equity…
Tag: Bet
Why This Fund Made a $35 Million Bet on IHS Towers During a Major Shakeup
PSquared Asset Management AG initiated a new position in IHS Holding Limited (NYSE:IHS) during the first quarter, acquiring 4,343,787 shares…
Berkshire Hathaway’s Power Bet is Starting to Look Riskier
Greg Abel has replaced Warren Buffett as the head of Berkshire Hathaway. The company’s annual meeting last week was the…
$668,603,360,342 — that’s how much people have legally bet on sports since the Supreme Court’s 2018 ruling
States have collected over $12 billion in tax revenue from sports betting since it was legalized in some states. www.marketwatch.com…
Cerebras’s stock looks like a risky bet on AI hype
The chip company’s shares trade at a very expensive sales multiple on a trailing basis. www.marketwatch.com #Cerebrass #stock #risky #bet…
Hana Bank makes $670M Upbit parent bet as Korea crypto shifts
Hana Bank will buy 2.28 million shares in Dunamu, the parent company of Upbit, from Kakao Investments for about 1.003…
Honda retreats to hybrids after failed EV bet triggers $9 billion loss
Honda is waving the white flag. The Japanese automaker previewed two new hybrids set to launch by 2028 after taking…
Bulls bet big on these three China-related stock trades during Trump visit
President Donald Trump and a cavalcade of American business leaders landed in Beijing Wednesday for talks with Chinese leader Xi…
Cardi B, John Legend Invited to 2026 BET Awards by Host Druski
These stars can’t say their BET Awards invites got lost in the mail — Druski is making sure of it.…
SoftBank posts $46 billion gain at Vision Fund driven by OpenAI bet
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan…