The fundamentals and technicals are aligning for these stocks, according to Piper Sandler
Here is the latest iteration of Piper Sandler’s “triple select” stock list.
Paramount and Skydance agree to terms of a merger deal
The agreement terms come after weeks of discussion and a recent competing offer from Apollo Global Management and Sony Pictures.
Spotify raises prices of premium subscription plans
Spotify is raising the prices of its premium subscription plans for the second time in a year.
Kremlin warns Washington of ‘fatal’ miscalculation to let Kyiv use U.S.-supplied weapons inside Russia
Russia warned the U.S. against the potential “fatal consequences” of letting Kyiv deploy U.S.-supplied weapons against targets in Russia.
Pharma giant GSK plunges 9% after U.S. court allows scientific testimony in Zantac lawsuits
The Delaware State Court ruled that expert witnesses can present scientific evidence in the roughly 75,000 cases relating to the discontinued heartburn drug.
Australia orders Chinese investors to sell down stake in rare earths miner
Australia ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest grounds, a spokesperson said.
$9.2 billion fintech Navan appoints ex-NYSE exec as CFO ahead of anticipated IPO
Amy Butte, who was the New York Stock Exchange’s CFO between 2004 and 2006, will join Navan as its new CFO in June.
Turkey’s inflation passes 75% in what economists believe is peak
Inflation in Turkey topped 75% in May in what economists expect to be the peak before prices start to ease.
Atos falls 14% as embattled French IT firms weighs rescue deals set to result in ‘massive dilution’
Shares in the struggling French IT firm Atos tumbled on Monday as the company said it would pick between two rescue deal options this week.
Airlines headed for record revenue in 2024 as travel soars, but profit margins remain thin
While revenues and profits are enjoying tailwinds, expenses are also soaring, the IATA reported.
