The Wall Street Journal

The average coffee cup price is up 17% from 2016, at $4.50, according to The Wall Street Journal. Coffee prices are lower than they should be, in the view of experts who anticipate prices will rise in the next six to nine months. Why Coffee Prices Are Heading Higher Two factors are...

Digital asset-focused investment firm Galaxy Digital Holdings Ltd. (TSX: GLXY) has announced today that it will acquire crypto infrastructure provider BitGo for $1.2 billion. What Happened: The deal marks the crypto industry’s first billion-dollar acquisition, and with $40 billion now in...

Micron Technology Inc. (NASDAQ: MU) and Western Digital Corp. (NASDAQ: WDC) shares were trading higher Thursday amid a report from the Wall Street Journal that the chipmakers are both eyeing an acquisition of the privately held Japanese semiconductor company Kioxia.  Micron...

WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal reported Wednesday. What Happened: SoftBank will give the former WeWork CEO a $50 million...

Keith Gill, the now-famous Reddit WallStreetBets trader, appears to have bought more shares of GameStop Corp. (NYSE: GME) after the price fell by 23%. What Happened: Judging by a screenshot Gill shared on Friday afternoon, he bought 50,000 more shares of the stock. Gill previously showed he...

The recent frenzied-movements in so-called meme stocks like GameStop Corp (NYSE: GME) are causing the apex market regulator to consider ushering in more transparency in short trades, the Wall Street Journal reported Wednesday. What Happened: The United States Securities and Exchange Commission, now...

President Joe Biden is reviewing U.S.-China relations, including an executive order issued by former President Donald Trump in August 2020 aimed at forcing the sale of TikTok to a U.S. company. What Happened: The Biden administration will determine its own path forward on how to deal with...

Third-party restaurant delivery platform DoorDash Inc. (NASDAQ: DASH) has reached an agreement to acquire the robotics startup company Chowbotics, according to The Wall Street Journal, which cited unnamed people familiar with the deal.  What Happened: Chowbotics is a tech company...

Activist investor Elliott Management Corp is looking to jump aboard the blank check company bandwagon, the Wall Street Journal reported Sunday. What Happened: The Paul Singer-founded company has held discussions with bankers to raise a billion dollars for the special purpose acquisition company,...

Richard Mashaal and Brian Gonic’s hedgefund Senvest Management LLC made $700 million in the WallStreetBets-fueled rally in GameStop Corp (NYSE: GME), the Wall Street Journal reported Wednesday.  What Happened: The two started buying the shares of the video game retailed in September and...

XRP cryptocurrency is trading 2.4% higher at $0.298 at press time early Thursday, outperforming Bitcoin (BTC), which has tanked 2% to $34,779.71. The surge comes following the Wall Street Journal’s report that President Joe Biden is expected to nominate former Treasury Department official...

The U.S. Securities and Exchange Commission is investigating Exxon Mobil Corporation (NYSE: XOM) after an insider whistleblower alleged the energy giant overvalued its Permian Basin assets, sources told The Wall Street Journal. What Happened: Exxon employees tasked with valuing the company's...

Video-sharing site Rumble Inc. has filed a lawsuit against Alphabet Inc’s (NASDAQ: GOOG) (GOOGL) Google, accusing it of abusing its search engine power to stifle rivals, the Wall Street Journal reports. What Happened: Toronto-based Rumble, which has shot up in popularity...

Financial technology company Stripe Inc will no longer process Trump campaign payments, the Wall Street Journal reported Sunday. What Happened: The San Francisco, California-based company is halting payments processing for the Trump campaign for violating its policies against encouraging violence,...

The trade tensions between Beijing and Washington have flared up again as the New York Stock Exchange moves to delist China’s three large telecom carriers, the Associated Press reports. What Happened: The Wall Street Journal notes that NYSE’s move complies with outgoing President...