Fox to Buy Roku for $22B; Arb Spread Hints at Deal Doubt
Fox’s $160-a-share cash-and-stock bid for Roku closed Friday at $138.07 — a 14% spread that says traders are not convinced the deal closes clean.
What Is WACC? Cost of Capital Formula and Worked Example
WACC blends a company’s cost of equity and after-tax cost of debt by their weights in capital structure. The formula, a worked example, and the traps.
Kalshi Eyes IPO at $22B Valuation as Revenue Triples
Kalshi is in early IPO talks at a ~$22B valuation after annualized revenue tripled to about $2B in seven months. Here is the case and the risk.
Schwab Joins Prediction Markets With Cboe S&P 500 Bets
Charles Schwab is partnering with Cboe to launch binary yes/no S&P 500 event contracts, pushing prediction-market trading deeper into mainstream brokerage.
Leveraged Buyouts Explained: Capital Structure and IRR
How LBOs work: capital structure, the IRR math behind private-equity returns, and the deals that defined the playbook from RJR Nabisco to Electronic Arts.
Money Market Funds Hit $7.92T Record as Cash Piles In
US money market fund assets climbed to a record $7.92 trillion the week ending June 17, 2026, with institutional money driving the latest leg up.
IT Services Rout: EPAM, Cognizant, IBM Slide on AI Fears
Accenture’s FY26 guide cut pulled the whole IT services group down — EPAM -12.6%, Cognizant -10.5%, IBM -5.1%. Is AI eating consulting?
IPO Lock-Up Periods Explained: When Insider Selling Hits
How IPO lock-up periods work, why 180 days is standard, the SEC and FINRA rules behind them, and what tends to happen to the stock when they expire.
IPO Window Reopens: Kardigan Pops, Deep Fission Lags
Five IPOs priced and five new S-1s filed the week of June 15, 2026 — biotech soared, nuclear stumbled, and Brookfield queued a $650M data-center deal.
BFLY Pops 56% as Midjourney Builds Scanner on Its Chip
Butterfly Network jumped 56% to $8.90 after Midjourney unveiled a full-body scanner using 40 ultrasound-on-chip modules under a $74M license deal.