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SGX:L02 28 December 2025

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 28.12.2025

Metis Energy (SGX:L02) jumped 78% over the past year as revenue rose 25%, though the company remains unprofitable. Canopy Growth and Aurora Cannabis saw optimism after a U.S. executive order moved cannabis to Schedule 3, but federal illegality and lack of interstate commerce still limit gains.
28 December 2025

Stock Market Today

  • Fox (FOXA) Stock Dips Over 5% Following $22 Billion Roku Acquisition Announcement
    June 16, 2026, 7:33 PM EDT. Shares of Fox (NASDAQ:FOXA) dropped 5.3% Monday after a 16% fall the previous day, following its announcement to buy streaming platform Roku for $22 billion. The deal involves a 34% premium on Roku shares, substantial shareholder dilution, and adds $8.3 billion of debt to Fox's balance sheet, pushing the stock to a 52-week low. Investors question the strategic fit, as Roku operates as a neutral platform competing with Fox's core live news and sports businesses. Barclays analysts queried how Roku will maintain neutrality post-acquisition. FOX shares are down 30.1% year-to-date and trade 32.3% below their 52-week high. The acquisition aims to boost Fox's digital media presence, gaining access to 100 million streaming households and first-party data from Roku.

Latest articles

Super Micro Computer down as Jane Street stake follows $7B AI financing

Super Micro Computer down as Jane Street stake follows $7B AI financing

17 June 2026
Super Micro Computer shares plunged 5.3% to $29.22 after Jane Street disclosed an 8.5% passive stake and investors weighed dilution risks from a $7 billion equity-linked financing plan aimed at funding $39 billion in AI-server orders, which the company warns are not firm commitments and could be canceled or delayed.
SAVE Borrowers Face July 1 Deadline in New U.S. Student Loan Rules

SAVE Borrowers Face July 1 Deadline in New U.S. Student Loan Rules

17 June 2026
Millions of U.S. student loan borrowers in the SAVE plan must pick a new repayment option within 90 days after July 1 or be moved automatically, as the federal system resets amid warnings of servicing glitches and confusion affecting 42.8 million borrowers with $1.7 trillion in loans, according to the U.S. Department of Education.
Nu Holdings gains even after Citi downgrade, Nubank credit risk still eyed

Nu Holdings gains even after Citi downgrade, Nubank credit risk still eyed

17 June 2026
Nu Holdings jumped 2.33% to $12.72 even after Citigroup downgraded the stock to Neutral and slashed its target to $13, citing concerns over credit quality, profit per loan, and the upcoming July CFO handover; Nu remains down 24% for the year despite a recent rebound and faces ongoing questions about credit, margins, and expansion.
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