An agreement between the companies could come next week, Bloomberg reported
Business
Lumentum’s stock pops as investors cheer a possible sale to Marvell
Related
Business
$250M FalconX Facility Powers Ibis Push Into Onchain Credit
Onchain credit platform Ibis has launched out of stealth, securing a $250 million credit facility from FalconX alongside a closed pre-seed round. Funding and Strategic Backing Onchain credit platform Ibis announced its emergence from steal…
Business
Strategy’s MSCI risk: What to watch before November 11
MSCI will name affected companies on November 11. Here’s what investors should watch as Strategy faces possible index exclusion.
Business
Stablecoin Payments Are Fast. But They Have a Cost Problem
Moving $200 through stablecoins can cost around 60 cents, or nearly $18. That was the spread in a Bank of Italy experiment across ten international payment routes. Buying and cashing out the tokens drove much of the expense; moving them on…
Business
Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fast-casual chain says menu-price increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack more protein into their diets.