May Mobility Inks $1.4B SPAC Deal: Inside the 12% PIPE
May Mobility agrees to go public at a $1.4B valuation via ACP Holdings SPAC, backed by a $120M 12% preferred PIPE structured for high-rate public markets.
May Mobility agrees to go public at a $1.4B valuation via ACP Holdings SPAC, backed by a $120M 12% preferred PIPE structured for high-rate public markets.
J.B. Hunt shares sank 13.3% on Sept 16, 2026 after management warned Q3 profit will drop 5% to 10% sequentially due to diesel costs and driver onboarding.
Discover how the Federal Reserve’s floor system controls interest rates using administered rates like IORB, the ON RRP facility, and the discount window.
The Federal Reserve raised its policy rate 25 bps to 3.75%-4.00% in a 12-0 vote, lifting 2026 dot plot forecasts to 4.1% as Treasury yields hover near 5%.
Intel and SK Hynix shares jumped over 3% after reports revealed talks to manufacture memory chips at Intel’s Ohio fab, reshaping the US semiconductor footprint.
Learn how price-weighted and market-cap-weighted indices work, how the Dow Divisor functions, worked math examples, and the key distortions of each method.
American Savings Bank priced its upsized NYSE IPO at $16 per share, raising $128.9M in a rare 100% secondary bank listing under ticker ASBH.
The Dow dropped 328.09 points to 52,093.11 on Sept. 15 as the 10-year Treasury yield hit 5.00% and crude oil surged above ahead of the Fed rate decision.
Why do 10-year Treasury yields move opposite to Fed rate cuts? Learn how the Fed sets overnight rates while markets price inflation, growth, and term premium.
Grab agreed to acquire a 60% stake in Atome Financial for $1.49B in cash, accelerating Southeast Asian digital lending expansion with a staged buyout path.