Grindr Stock Surges 200% in Public Debut

There is a new dating app on the market. Grindr (ticker: GRIND), the app geared toward the gay, bi, trans and queer community, started trading on the New York Stock Exchange Friday after merging with blank-check company Tiga Acquisition in a $2.1 billion deal.

Activision Stock Still Looks Like a Buy. Here’s Why.

Back in July, Barron’s made the case for buying Activision Blizzard stock in anticipation of Microsoft closing its $69 billion acquisition of the company. With Activision shares trading at a significant discount to the deal price, the stock looked closest to a sure thing in an increasingly uncertain market. Four months later, the risks of … Read more

Elon Musk Says He Expects to Name a Twitter CEO as He Testifies Over His Tesla Pay Deal

Mr. Musk, who also runs Tesla Inc. and rocket company SpaceX, said he has been spending the lion’s share of his time on Twitter recently. “I expect to reduce my time at Twitter and find somebody else to run Twitter over time,” Mr. Musk said while testifying in Delaware in a trial over his Tesla … Read more

Bill Ackman’s Pershing Square Holdings Looks Invitingly Cheap

Billionaire investor Bill Ackman has a flair for the dramatic and often makes bold moves. This year has been no exception. Ackman made about $1.7 billion from a bet on higher interest rates and incurred a $400 million loss on a Netflix (ticker: NFLX) investment held for just a few months. His Pershing Square Tontine … Read more

Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs

This story was updated with a more current tally of shares from Twitter’s most recent proxy statement.  When Twitter Inc.’s top executives walked out of its San Francisco headquarters Thursday, they may as well have been carrying bags of Elon Musk’s cash. Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and Vijaya Gadde, Twitter’s … Read more

Why It’s Time to Buy This Uranium Miner’s Stock

Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At first glance, there didn’t seem to be all that much that was controversial about the joint venture Cameco (ticker: CCJ) announced … Read more

Fed Approves U.S. Bancorp Acquisition of MUFG Union Bank

WASHINGTON—The Federal Reserve on Friday approved U.S. Bancorp’s USB 3.32% acquisition of MUFG Union Bank’s core retail-banking business, one of a series of large regional bank mergers pending before federal regulators. In conjunction with the approval, regulators said they would launch a related rule-making process to enhance regulators’ ability to wind-down large regional banks in … Read more

Bio-Rad Laboratories in Talks to Combine With Qiagen

Bio-Rad Laboratories Inc. BIO.B -12.25% is in talks to combine with fellow life-sciences company Qiagen QGEN 2.61% NV in a deal that would be worth more than $10 billion, according to people familiar with the matter. The talks have been going on for a while but any agreement isn’t likely for another few weeks or … Read more

Elon Musk says Twitter will eventually be part of ‘X, the everything app’

Elon Musk has a new plan for Twitter Inc. after giving up a legal battle and agreeing to pay $44 billion for the company Tuesday. ““Buying Twitter is an accelerant to creating X, the everything app”” — Elon Musk That tweet was Musk’s first public statement Tuesday about the decision, which was revealed in a … Read more

September Was Bad for Investors. October Could Be Worse.

Text size Market chaos has hit stocks, bonds, commodities, currencies, and futures. It’s hard to see it ending soon. Michael M. Santiago/Getty Images It’s a bumpy, volatile, no good, very bad market out there. Stocks, bonds, commodities, currencies, and futures have been moving violently from day to day—and there’s probably more whiplash ahead The S&P … Read more