StoneX to acquire R.J. O'Brien for $900 million, creating a market leader in global derivatives. Financial details: $625M in cash, 3.5M shares, $143M debt. Transaction will boost StoneX's client float, IBs, and annual cleared derivatives volume. Deal expected to close in Q3 2025.
Metals and mining companies including MP Materials Corp (NYSE:MP) and The Metals Company Inc (NASDAQ:TMC) are moving sharply higher Monday morning following reports that the Trump administration plans to stockpile deep-sea metals to counter China.
Nokia Corp. (NYSE: NOK) wins contract with ResetData for Australian AI data center rollout. Nokia's IP networking solution offers speed, scalability, and sustainability for growing cloud market.
IonQ Inc. (NYSE: IONQ) shares rose Monday after it signed an MOU with Japan's G-QuAT, a division of AIST. The deal aims to expand access to IonQ's Forte-class quantum systems and accelerate quantum computing innovation across the Asia-Pacific region.
The GBP/USD pair remains in a strong uptrend above 1.3000, with technical momentum suggesting further gains toward 1.3300 as dollar weakness and risk sentiment support.
Goldman Sachs (NYSE:GS) reported higher first-quarter results, with revenue of $15.06 billion beating expectations at $14.81 billion. Net interest income also rose. Global Banking & Markets saw a 10% increase in revenue, while Investment Banking fees declined 8%. The company also approved a $40 billion stock buyback program and declared a dividend of $3.00 per share.
The social media giant acquired Instagram in 2012 for $1 billion and WhatsApp in a highly competitive bid in 2014 for a whopping $19 billion, beating Google to the punch.
