Explore finance insights, tips, and trends to make informed decisions.
Artificial Intelligence (AI)
Perplexity, the AI-driven search engine making waves as a potential rival to Google, has unveiled a powerful new tool for its Pro subscribers: Perplexity Labs. The tool, available now on the web, iOS, and Android (with Mac and Windows apps to follow), aims to move the platform beyond search and
Finance
In a major shakeup of the financial services landscape, Capital One Financial Corporation has officially completed its $35.5 billion acquisition of Discover Financial Services. The all-stock deal, initially announced in February 2025, brings together two of the world’s largest credit card issuers in a merger that could significantly
Artificial Intelligence (AI)
Stripe, the global fintech powerhouse, made a splash at its annual Stripe Sessions event on Wednesday, unveiling a wave of new products and capabilities that signal its growing ambition in AI, digital payments, and global financial infrastructure. AI-Powered Payments Take Center Stage Leading the announcements was the launch of Stripe’
Style & Beauty
In a landmark move for the fashion industry, Prada announced Thursday it has struck a deal to acquire iconic rival Versace from Capri Holdings for $1.375 billion, including debt. The acquisition brings together two of Italy’s most celebrated fashion houses and strengthens the country's position in
Finance
Plaid, the fintech infrastructure company that powers connectivity between consumer bank accounts and financial apps, has confirmed it raised approximately $575 million through a common stock sale at a $6.1 billion post-money valuation. The deal, led by Franklin Templeton and joined by heavyweights including Fidelity, BlackRock, NEA, and Ribbit
Food
Hooters of America, the iconic restaurant chain known for its wings and distinctive uniforms, has filed for Chapter 11 bankruptcy in Texas in a move to address its mounting $376 million debt. But the company isn't closing up shop—instead, it’s restructuring and selling all 151 of
Real Estate
Rocket Companies is continuing its aggressive expansion in the real estate space with the announcement of a $9.4 billion all-stock acquisition of Mr. Cooper Group Inc., one of its largest rivals in the mortgage industry. The move comes just weeks after Rocket revealed a $1.75 billion all-stock deal
Media
In the latest twist of tech media consolidation, Yahoo has sold TechCrunch to the private equity firm Regent, marking yet another ownership change for the pioneering tech news outlet. The financial terms of the deal remain undisclosed, but the move follows Regent’s recent acquisition of Foundry—the media group
Retail
Walgreens, one of the most recognizable names in American retail pharmacy, is going private after nearly a century as a publicly traded company. The struggling drugstore chain announced on Thursday that it has reached a deal with private equity firm Sycamore Partners in a transaction valued at up to $23.
Business Strategy
If you've been in business for more than 15 minutes, you've likely encountered a seemingly endless list of performance metrics, or Key Performance Indicators (KPIs). While these numbers are meant to provide insights, they can also distort reality. The truth is, every metric—when presented in
Finance
The New York Stock Exchange (NYSE) announced plans to launch a Texas-based exchange, intensifying competition in the U.S. stock listings market. The move comes as major companies, including Tesla and SpaceX, continue shifting their headquarters to the business-friendly state. NYSE Texas: A Strategic Expansion NYSE, part of the Intercontinental
Artificial Intelligence (AI)
OpenAI has announced a new AI feature called Deep Research, designed to help users conduct in-depth, complex investigations using ChatGPT. Unlike the chatbot’s usual quick summaries, Deep Research is tailored for people who require thorough, precise, and reliable information across fields like finance, science, policy, and engineering. It also