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Latest reporting and analysis by Mr. Stone Heathcote.
Elliott Investment Management rejected Toyota's increased offer to privatize Toyota Industries, calling it undervalued. The tender offer began Thursday, with some shareholders demanding a higher price.
BitMine Chairman Tom Lee announced the firm expects over $400 million annually from staking its $13 billion Ether treasury and defended a $200 million investment in YouTuber MrBeast as a 'no-brainer' moonshot.
The NYSE and Nasdaq will observe 10 holidays and early closures in 2026, with schedules for 2025 and 2027 also detailed. Regular hours are 9:30 a.m. to 4 p.m. ET, Monday through Friday.
Bernstein SocGen's Alexia Burland Howard reaffirmed a Buy rating on Simply Good Foods, raising the target price to $31, while Deutsche Bank's Stephen Powers maintained a Hold rating, lowering the target to $22.
TotalEnergies and Bapco Energies have launched BxT Trading, a 50/50 joint venture for oil trading. The signing ceremony in Abu Dhabi was attended by senior leaders from both companies.
Bilt introduces three new credit cards with rates capped at 10% for the first year, including a premium option, as CEO Ankur Jain cites affordability needs. The launch follows President Trump's call for interest rate limits.
Home mortgages are often bundled into securities sold to investors, generating income from monthly payments. These instruments played a role in the 2008 housing crisis.
Monday.com stock fell 37.3% in 2025, driven by AI disruption fears, but the company reported 26% revenue growth and increased high-value customers.
Barclays raised Vale's price target to $15.50 on January 8, while Scotiabank downgraded it to Sector Perform. Wells Fargo increased its target to $13 in December, citing supply constraints.