What you need to know on Wall Street today
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.
If you're a fan of the corporate mega-mergers that keep getting announced, there's a good chance you're going to love 2018. At least that's the wisdom being touted by banks across Wall Street.
Elsewhere in deal news:
- Disney is about to go to war with Netflix and Fox could be a big weapon
- The CEO of Aetna is going to make a huge amount of money if the $69 billion deal with CVS closes
- Warren Buffett's Berkshire Hathaway rakes in $295 million from UnitedHealthcare's deal with Davita
- There's growing speculation Tesla and SpaceX could merge - here's why a deal would make sense
- Walgreens is taking a 40% stake in a Chinese pharmacy chain
- Home Depot is buying back $15 billion of stock
- China's Xiaomi is seeking a bank to launch what would be the world's largest technology IPO
In markets news, it's easier than ever to bet on the death of brick-and-mortar retail.
And in crypto news, traders on a $1 billion cryptocurrency exchange say they can't withdraw money and are left in the dark about why. Goldman Sachs asked clients about bitcoin's price trajectory. And one VC firm is starting a new blockchain fund - and plans to fund it with an initial coin offering.
Lastly, an 18-year-old is raffling off his uncle's £130,000 Porsche Panamera Turbo for £35 a ticket.
- Spiti Valley guide 2024: Stunning locations & interesting things to do
- Zydus Q4 net profit surges 4-fold to ₹1,182 cr; revenue at ₹5,534 cr
- Sebi mulls facilitating MFs to invest in overseas funds with exposure to Indian securities
- India's forex reserves jump $2.56 bn to $644.15 bn
- JSW Steel Q4 net profit falls 65% to ₹1,322 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market