DYS-Functional Exercise

European Inflation Jumps Most Since 2022 On Soaring Energy Prices Even As Core CPI Unexpectedly Shrinks In an early preview of the coming inflation spike, the euro area saw its steepest jump in inflation since 2022 as the Iran war pushed energy costs sharply higher, backing expectations that the ECB will have to raise interest rates. In March, European consumer prices rose 2.5% from a year ago in March - and up a whopping 1.9% from the previous month - to the highest since January 2025. The silver lining: the median estimate...

Wall Street Skeptical Of GameStop CEO's $56 Billion eBay Takeover Bid Summary: Wall Street analysts "skeptical" on GameStop Takeover of eBay GameStop CEO Reveals Unsolicited Offer to Buy eBay Wall Street Analysts Respond eBay shares jumped as much as 13% in New York premarket trading after GameStop CEO Ryan Cohen told The Wall Street Journal that he had submitted a $56 billion takeover bid for the online marketplace. Cohen's deal appears to be part of his strategy to transform eBay into a direct competitor to Amazon, leveraging GameStop's retail footprint and logistics infrastructure to create...

Cantor Fitzgerald Slammed Over Tariff Trades Which Never Happened In retrospect, if only Cantor Fitzgerald was called PolyCantor, none of this would have happened. Ever since September, the upstart online betting marketplace PolyMarket has been offering traders the opportunity to make money by betting whether the US Supreme Court would rule in favor or against Trump's tariffs, with millions of bets placed for either outcome (of course, we learned the outcome at 10am ET on Friday, when a 6-3 majority - including two Justices selected by Trump - voted against the...