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News Archive

August 16, 2026Connected
9 storiesLast updated: 1:45:12 AM

Mergers & Acquisitions

Mergers & AcquisitionsBullish

PayPal in Active Sale Talks with Stripe and Advent Consortium

Key Facts

  • •PayPal is in active sale discussions with a consortium led by fintech rival Stripe and private equity firm Advent International.
  • •PayPal reportedly rejected an initial bid of $60.50 per share from Stripe in July.
Impact:
6/10
PYPL
about 4 hours ago

Stocks

StocksBullish

NVIDIA and AMD Stocks Rally on Strong Super Micro Earnings Results

Key Facts

  • •NVIDIA, AMD, and Intel shares rallied following Super Micro Computer's impressive fiscal fourth-quarter results.
  • •Super Micro reported a significant increase in its order book and gross margin, reinforcing confidence in AI infrastructure demand.
Impact:
5/10
NVDAINTC
about 5 hours ago

Crypto

CryptoBullish

Solana Leads Tokenized US T-Bills Growth with $378M Surge

Key Facts

  • •Solana recorded a $378 million increase in tokenized US T-bills, strengthening its role in blockchain-based finance.
Impact:
5/10
ETHSOL
about 4 hours ago

Forex

ForexBearish

Yen Carry Trade Unwind Risks Threaten Global Financial Stability

Key Facts

  • •Traders are monitoring the yen carry trade amid concerns over its impact on the stability of high-yielding global assets.
Impact:
5/10
about 4 hours ago
StocksBullish

PLDT Reports Service Revenue Growth and Declares Dividends for H1 2026

Key Facts

  • •PLDT service revenue grew 1% to PHP 97.8 billion in the first half of 2026.
  • •The company declared a cash dividend of PHP 46 per share while focusing on lower capital spending.
  • •EBITDA reached PHP 56.1 billion for the period.
Impact:
5/10
PLDT
about 4 hours ago
StocksBullish

Tesla Ends Long-Running Sweden Strike with Worker Buyouts

Key Facts

  • •The Swedish union IF Metall announced it is calling off its three-year strike against Tesla effective August 19.
  • •Tesla offered severance packages to every remaining striking member instead of signing a collective bargaining agreement.
Impact:
5/10
TSLA
about 3 hours ago
StocksBullish

Honda Motor Upgrades Full-Year Forecast Following Strong Q1 2027 Results

Key Facts

  • •Honda Motor reported strong Q1 2027 results and upgraded its full-year earnings forecast.
  • •Honda stock saw a 15.94% return over 90 days and an 88.62% total shareholder return over five years.
Impact:
5/10
7267.T
about 3 hours ago
StocksBullish

Main Street Capital Reports Strong Q2 Results and Supplemental Dividends

Key Facts

  • •Main Street Capital reported strong Q2 2026 results with significant revenue and net income growth.
  • •The company approved regular monthly dividends alongside a supplemental cash dividend for shareholders.
  • •The company is utilizing an at-the-market equity offering to fund its investment pipeline.
Impact:
5/10
MAIN
44 minutes ago
CryptoBullish

Galaxy Digital Partners with Bank Leumi for Israel's First Bank-Led Crypto Trading

Key Facts

  • •Galaxy Digital partnered with Bank Leumi to introduce regulated digital asset trading services in Israel.
  • •Bank Leumi will become the first major Israeli bank to offer crypto trading services to its customers.
  • •Galaxy Digital will provide its GalaxyOne Institutional and Custody Infrastructure platforms to support the offerings.
Impact:
5/10
GLXY
about 3 hours ago