Markets and investing
Drawbridge Fund Sells $5 Million in Playboy Shares
Drawbridge Special Opportunities Fund sold Playboy common stock for $1.05 per share on October 30, while retaining indirect holdings through related investment entities.
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Markets and investing
Japanese Stocks Fall as US Midterm Results Weigh on Tech Shares
Japanese equities declined amid indications of Democratic gains in the US midterm elections, with chip and AI-related stocks among the hardest hit.
Markets and investing
Amgen and Merck raise 2026 outlooks after strong quarterly results
Amgen and Merck both reported better-than-expected third-quarter results and increased their 2026 guidance. Their shares are up 71.82% and 40.28%, respectively, since being selected by an Investing.com AI stock-picking strategy.
Markets and investing
Florida Voters Approve Property Tax Cuts, Raising Funding Concerns for Local Governments
Amendment 3 will expand the homestead exemption for primary residences, reducing the share of home value subject to property taxes while excluding school board taxes.