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Salesforce-Informatica Deal; Trump Media Rallies; Newmont Lower

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Manage episode 485223350 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

On this episode of Stock Movers:
- Salesforce (CRM) shares are higher this morning despite moving to acquire data-management software firm Informatica (INFA), which is also rallying on the WSJ report. Sources tell the Journal that Salesforce is expected to pay $25 per share for Informatica, and beat out multiple other strategic and private-equity suitors.
- Trump Media & Technology Group (DJT) is moving higher this morning on a Financial Times report that the company's planning to raise $3 billion to buy cryptocurrencies. The report says the company of President Trump's family is looking to issue $2 million in stock and $1 billion through convertible bonds.
- Newmont (NEM) is one of the few early downside movers, echoing the macro gold trade lower. Despite gold's rally for much of the year, there's a broad risk on trade this morning that's leading stocks tied to gold and gold mining lower.

See omnystudio.com/listener for privacy information.

  continue reading

350 episodes

Artwork
iconShare
 
Manage episode 485223350 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

On this episode of Stock Movers:
- Salesforce (CRM) shares are higher this morning despite moving to acquire data-management software firm Informatica (INFA), which is also rallying on the WSJ report. Sources tell the Journal that Salesforce is expected to pay $25 per share for Informatica, and beat out multiple other strategic and private-equity suitors.
- Trump Media & Technology Group (DJT) is moving higher this morning on a Financial Times report that the company's planning to raise $3 billion to buy cryptocurrencies. The report says the company of President Trump's family is looking to issue $2 million in stock and $1 billion through convertible bonds.
- Newmont (NEM) is one of the few early downside movers, echoing the macro gold trade lower. Despite gold's rally for much of the year, there's a broad risk on trade this morning that's leading stocks tied to gold and gold mining lower.

See omnystudio.com/listener for privacy information.

  continue reading

350 episodes

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