Fund at Center of Avis Squeeze Added to Stake Before Rout

Avis Budget Group Inc.’s second-biggest shareholder Pentwater Capital Management LP boosted its stake in the car rental company just before the stock’s nearly 70% rout.

Source

Bloomberg Markets

Read full article at Bloomberg Markets

Opens original article in a new tab

Why the party for Intel and other chip stocks could last a long time

Also in Weekend Reads: A five-year retirement plan, ideas for investors and traders, and advice from the Moneyist.

38 minutes agoRead more →

Bloomberg Markets

Amazon-Backed X-Energy Climbs 31% After $1.02 Billion US IPO

X-Energy Inc. shares opened 31% above their IPO price, after the nuclear energy firm raised $1.02 billion in an upsized US initial public offering.

39 minutes agoRead more →

EconomyDaily Composite

Yahoo Finance

Oracle Corporation (ORCL): A Safe Stock for Beginners?