US Futures Resume Rally As Iran Optimism Returns

Aaaand It's Gone... PE Shop Thoma Bravo Writes Off Over $5BN From 2021 SaaS Firm Acquisition Not a great night for SaaS... Given the eight straight days of gains for Software stocks, one could argue that the death of code-base companies was greatly exaggerated (cough -dead-cat bounce - cough), but not every boat is being lifted by this massive short-squeeze rebound JPMorgan Trader Brian Heavey said earlier that it "seems we are moving from 'SAAS is dead' to 'maybe they can co-exist'", but it appears one software firm is indeed 'no more'. In...

"Critical Inflection Point" Reached As USA Rare Earth Expands With $2.8 Billion Serra Verde Buyout USA Rare Earth Inc. is acquiring Brazil’s Serra Verde Group in a roughly $2.8 billion cash-and-stock deal, part of a broader push by the U.S. and its allies to secure independent supplies of critical minerals, according to CNBC and Bloomberg.  The agreement includes $300 million in cash and a large share issuance, with the transaction expected to close in the third quarter. The deal comes amid rising concern over China’s dominance in rare earths—a group of 17...

Israel has announced that they are sending another division of ground troops into southern Lebanon as part of an invasion that began earlier this month and which earlier this week Defense Minister Israel Katz said would include the occupation of the entire area south of the Litani River. This is the fifth division to be […]