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Rocket Lab CEO Peter Beck makes a statement as he takes a $799,999 pay cut
The company says it will take the money that would have gone toward Beck’s future wages and bonuses and put it toward R&D projects. Article Attribution | Read More at Article Source
How Allbirds went from a $2.2 billion IPO to a $39 million flop
The company’s market cap reached a high of more than $4 billion on its first day of trading, but never again came close to that. Article Attribution | Read More at Article Source
Oil prices saw a record rise in March. Why the U.S. may not need to reopen the Strait of Hormuz.
President Donald Trump has reportedly told aides that he’s willing to end the U.S. military campaign against Iran even if the strait remains largely closed. Article Attribution | Read More at Article Source
Moon launches are having a moment. But can you make money off the lunar frenzy?
The moon rush is on: Artemis II is ready to fly, as Musk, Bezos and NASA race to make the lunar economy a reality. Article Attribution | Read More at Article Source
Consumer confidence improves in March as brighter job-market view outweighs surging costs amid Iran war
Consumers expect higher inflation and interest rates in coming months. Article Attribution | Read More at Article Source
20 stocks that bucked the stock market’s decline in March with double-digit gains
Energy stocks have fared well as crude-oil prices have shot up, but one other industry group has also done well since the U.S. and Israel attacked Iran on Feb. 28. Article Attribution | Read More at Article Source
CoreWeave’s stock rises as investors cheer unique financing deal
This is the first time that a loan backed by compute hardware has achieved investment-grade status. Article Attribution | Read More at Article Source
McCormick investors like the $44.8 billion Unilever Foods deal, even though there’s a catch
McCormick’s stock was set to surge amid talks to combine with Unilever’s foods business, but there’s no mention of the deal in the earnings report. Article Attribution | Read More at Article Source
Oil prices hold above $100 a barrel on unclear plan for future reopening of Strait of Hormuz
President Donald Trump reportedly told aides he would end the war in Iran without reopening the trade route. Article Attribution | Read More at Article Source
Lilly to pay up to $7.8 billion to buy a company developing a narcolepsy drug
The company, which is flush with cash from sales of its market-leading GLP-1 franchise, has been an active dealmaker. Article Attribution | Read More at Article Source
It’s time to get defensive, say Morgan Stanley strategists. Hold more cash and make these moves.
Strategists lowered their rating on global stocks while saying investors should hold onto more cash and U.S. Treasury securities. Article Attribution | Read More at Article Source
A trap door could open up under the S&P 500 after this influential options trade expires on Tuesday
A large institutional options fund may have contributed to some of the recent volatility in the S&P 500. Article Attribution | Read More at Article Source