‘Glencore-Rio Tinto megamerger ‘hangs in the balance’ as deadline looms’- Financial Times
https://www.ft.com/content/b54a2f71-4923-4150-bcb7-7f3e583ec845?shareType=nongift
Financial Times Reported Tesla Held Discussions About Taking Stake in Glencore; Discussions Ended With No Deal Reached
https://www.ft.com/content/9b5b29a3-f2c9-4386-a01a-797aecce9631
Post Mega London Stock Exchange Listing, GSK Spinoff Haleon’s Plunge Brings Valuation Concerns To The Fore
After GSK (NYSE: GSK) spun off its consumer health division Haleon Plc (LSE: HLN) into a separate entity, shares of the newly listed firm plunged during intraday trade, closing over 6.5% down at GBX 308.4 on the London Stock Exchange on Monday.
Morning Brief: Top Financial Stories Dominating on Wednesday, May 25
Reuters
Ford To Pay $19.2M In Multi-State Settlement For False Advertising Claims
Short Volatility Alert: Glencore plc
On Thursday, shares of Glencore plc (OTC: GLNCY) experienced volatile short activity. After the activity, the stock price went up +2.36% to $12.39.
The overall sentiment for GLNCY has been Neutral.
EV Week In Review: Tesla Investors Lose Sleep Over Musk’s Divided Attention, Ford F-150 EV Truck Has Release Date, GM Stitches Battery Material Deal And More
Selling in the EV space extended into the holiday-shortened week, amid the prospect of production disruptions due to component shortages and plant shutdowns in China. The broader market weakness did little to help improve sentiment.
Who Is the Unlikely Cast Behind Nickel’s Big Squeeze?: Bloomberg
It’s been three weeks since nickel was suspended on the London Metal Exchange after a 250% price spike, and while trading has resumed, the market remains all but paralyzed,
Tesla Is Developing Blockchain Platform To Ensure Users Can Fully Track Cobalt ‘From Mine To Battery’
Tesla Inc (NASDAQ: TSLA) revealed that it was working with a consortium of cobalt producers to develop a blockchain platform to track the commodity from “mine to the battery.”