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Major corporate shakeups dominated the news, as Amazon launched a direct challenge to FedEx and UPS, while GameStop made a bold $56 billion bid to acquire eBay. Meanwhile, a new U.S. military operation in the Middle East sent oil prices climbing, contributing to the abrupt shutdown of Spirit Airlines. The artificial intelligence boom also accelerated with a multi-billion-dollar venture and a massive planned IPO, while the crypto market was buoyed by a key legislative compromise and Bitcoin topping $80,000.
A news podcast encapsulating the most salient market news, brought to you by Finextra Pro and powered by Communify.
Open Finextra Pro now!
By Finextra ProMajor corporate shakeups dominated the news, as Amazon launched a direct challenge to FedEx and UPS, while GameStop made a bold $56 billion bid to acquire eBay. Meanwhile, a new U.S. military operation in the Middle East sent oil prices climbing, contributing to the abrupt shutdown of Spirit Airlines. The artificial intelligence boom also accelerated with a multi-billion-dollar venture and a massive planned IPO, while the crypto market was buoyed by a key legislative compromise and Bitcoin topping $80,000.
A news podcast encapsulating the most salient market news, brought to you by Finextra Pro and powered by Communify.
Open Finextra Pro now!