Silgan Stock Jumps 5.5% After $3.4B Trivium Packaging Deal
Silgan Holdings (SLGN) will own 60% of a $7.3B metal packaging firm and use $2.3B in cash to cut debt.
Daily Digest
Daily Digest
Pomegra Briefs - Page 7 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next
Silgan Holdings (SLGN) will own 60% of a $7.3B metal packaging firm and use $2.3B in cash to cut debt.
Cleveland-Cliffs (CLF) posted $612M EBITDA, above its $575M forecast, and guided higher on steel prices.
Japan's 1,000 km Type 25 missiles leave base for the first time; Mitsubishi Heavy (7011.T) rose 5.4% Friday.

Amazon (AMZN) trades near $262 after Morgan Stanley lifted its target to $350 on faster AWS cloud growth

Brent crude (BZ=F) slipped from a five-month high as Rheinmetall (RHM.DE) fell 3.8% on Ukraine peace hopes.

Intel (INTC) is 36% below its June peak, and JPMorgan now sees balanced risk after a long Underweight call.
Palantir (PLTR) slipped into a correction, 11% below its record, as $260B left software stocks.
Netflix (NFLX) is cutting about 1,000 jobs, 6% of staff, and named a new content chief before earnings.

Brent crude (BZ=F) slips from a five-month high after Trump suspends 100% tariffs on big Russian oil buyers.

Borrowing costs near a 2002 high as the euro and CAC 40 (^FCHI) slip on weekend unrest and budget deadlock.

SpaceX (SPCX) shares sank to $146.03 as AI spending worries grew before Tuesday's expected first profit.

Shanghai Composite (000001.SS) fell 1.6% Thursday to a 14-month low, prompting Beijing to lean on state funds

Strategy (MSTR) closed at $136.83 as MSCI's new rules, due November 30, may drop it from global indexes.

CoreWeave (CRWV) shares closed Friday at $61.39 as Firmus Grid's failed IPO left AI investors wary.

Iran's rial (IRR) has lost about 35% since July as a US naval blockade and sanctions cut oil revenue
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