Cramer trust plans to raise Intel stake after chip selloff
CNBC’s Investing Club said Jim Cramer’s Charitable Trust would buy 120 Intel shares, lifting its portfolio weight to 2.7%.
By Amanda Ross 1 month agoDeals Correspondent
Amanda Ross
Amanda tracks M&A, private equity, and venture funding rounds: who is buying what, at what multiple, and why.
Latest from Amanda Ross
Defense investors reassess valuations as warfare shifts toward AI systems
Panmure Liberum’s Joachim Klement told CNBC that defense investors are becoming more selective as AI, drones and electronic warfar...
By Amanda Ross 1 month ago
Lone Star agrees €4bn deal for Continental’s ContiTech unit
The transaction includes possible performance-linked payments of up to €250m in later years, according to PE Hub.
By Amanda Ross 1 month ago
Riverside sells organic candy brand YumEarth to ACON Investments
The private equity firm exited the Stamford, Connecticut-based candy maker founded in 2007; financial terms were not disclosed.
By Amanda Ross 1 month agoBarclays raises income outlook after third-quarter profit beats estimates
Barclays said pretax profit rose 18% to £2.23bn and lifted its 2024 net interest income guidance above £11bn.
By Amanda Ross 1 month ago
Iran faces tougher market for stored crude as Chinese demand cools
Analysts say weaker Chinese buying, rising OPEC+ supply and tanker backlogs could slow Iran’s effort to sell accumulated oil inven...
By Amanda Ross 1 month ago
Trump says Eric manages his money as policy disputes remain unresolved
In a CNBC interview, Trump discussed family investments, Fed Governor Lisa Cook, a housing bill, voter ID legislation and the Supr...
By Amanda Ross 1 month ago
Gold heads for weekly gain as Fed rate-rise odds retreat
Bullion rose Friday after softer U.S. jobs data reduced market-implied odds of a September Federal Reserve rate increase.
By Amanda Ross 1 month ago
Permira to back Quadrante in engineering services deal
Permira has announced an investment in Quadrante, with Henko Partners and the company’s founders and management retaining signific...
By Amanda Ross 1 month ago
World Cup trading lifts prediction markets to record monthly volumes
Kalshi, Polymarket and Rothera reported sharp June volume gains as football contracts drew heavy activity during the tournament.
By Amanda Ross 1 month ago
FIFA clears Folarin Balogun for US World Cup match after red card
Donald Trump thanked FIFA after the governing body suspended Balogun’s automatic one-match ban, making him available against Belgi...
By Amanda Ross 1 month ago
Oman joins UK and France effort to secure Hormuz shipping
The agreement comes as oil flows through the Strait of Hormuz recover after a U.S.-Iran accord reopened the key energy route.
By Amanda Ross 1 month ago