Marcus V. Thorne

Markets

Meta India Instagram reach grows after Gen Z protests draw scrutiny

Instagram activity surged during India’s Gen Z protests, strengthening Meta’s reach while drawing fresh government attention.

By Marcus V. Thorne · 2 months ago

Markets

Samsung Q2 earnings beat profit estimates on AI chip demand

Samsung posted 89.4 trillion won in second-quarter operating profit, above LSEG estimates, as AI demand lifted its memory business...

By Marcus V. Thorne · 2 months ago

Markets

Meta q2 earnings put AI spending and ad growth in focus

Analysts expect Meta to report $60.17 billion in second-quarter revenue as investors scrutinize AI capex and monetization plans.

By Marcus V. Thorne · 2 months ago

Deals

Apax Centor acquisition values Gerresheimer assets at €1.5bn

Apax Partners agreed to buy Centor and a plastics packaging unit from Gerresheimer in a €1.5bn transaction spanning two closings.

By Marcus V. Thorne · 2 months ago

Deals

Win Waste sale is being reviewed by Macquarie, PE Hub reports

Macquarie Asset Management is weighing a sale of Win Waste, which produced more than $300 million of EBITDA, PE Hub reported.

By Marcus V. Thorne · 2 months ago

Markets

Novo Nordisk CagriSema lawsuit advances in US court

A US judge let parts of a shareholder case proceed over CagriSema trial disclosures after Novo’s stock fell on 2024 results.

By Marcus V. Thorne · 2 months ago

Markets

YES Network and MSG Networks move streaming games to DAZN

YES and MSG will leave Gotham Sports for DAZN, shifting Yankees, Knicks, Nets, Rangers and other local games to a global sports ap...

By Marcus V. Thorne · 2 months ago

Markets

FIFA World Cup stake sale plan draws UEFA backlash

FIFA plans to raise up to $4.2 billion through a World Cup subsidiary, prompting criticism from UEFA and questions over governance...

By Marcus V. Thorne · 2 months ago

Deals

Bain Capital leads Eaton Fiber $1.5bn investment for Verizon broadband build

Bain Capital led a $1.5bn Eaton Fiber investment tied to Ripple Fiber and Verizon’s US fiber broadband expansion.

By Marcus V. Thorne · 2 months ago

Deals

Pangram AI detection start-up raises $9 million and launches image tool

Pangram says its new model can flag AI text and images as publishers seek tools to filter automated content online.

By Marcus V. Thorne · 2 months ago

Markets

Trump investment portfolio tied to JPMorgan, Schwab, UBS and Stephens

CNBC traced at least four of Donald Trump’s eight investment accounts to major financial firms, with disclosed assets of at least...

By Marcus V. Thorne · 2 months ago

Markets

Hybe shares fall as BTS concert boom pressures margins

Hybe lost nearly $2 billion in market value after record results, as analysts said BTS tour revenue carried lower margins than exp...

By Marcus V. Thorne · 2 months ago