Eaton (ETN) to acquire COL Group from Oaktree’s Power Opportunities strategy for an enterprise value of €810M, expanding its manufacturing capacity and power distribution capabilities in Europe. Eaton said the acquisition will enhance its ability to address growing demand from Source link

Bitcoin is consolidating, trading at $84,342 on Friday and unchanged since midnight UTC, while almost everything else in the market is climbing, with 93 of the 100 CoinDesk 100 constituents higher over the past 24 hours and the CoinDesk 80 up 4.7% against the CoinDesk 5’s 1.0%. The rotation follows…

Biggest stock movers Friday: AKAM, NXH, and more Source link

Bitcoin investors have done it. They’ve poured billions into U.S.-listed spot bitcoin exchange-traded funds (ETFs) in recent weeks. The result: these ETFs now sit on nearly $800 million in net inflows for the year, according to data source SoSoValue. That’s a 180-degree turn from the red ink earlier this year.…

The 10-year U.S. Treasury yield (US10Y) has risen above the single-family rental cap rate, creating what Reventure App CEO Nick Gerli described as a negative opportunity cost for buying investment properties. Gerli said U.S. real estate investment had fallen 50% over the Source link

Elon Musk eyes doubling xAI's Colossus 2 Nvidia AI chips by year-end Source link

Bitcoin traded just above $84,000 on Friday, flat over 24 hours after falling below that level on Wednesday, CoinDesk data show. Most major tokens moved less than 2%. Smaller names did the running, with ONDO up 27% to about 54 cents and Quant up 39% to nearly $100. Bonds found…

hocus-focus The U.S. government is set to intervene in Elon Musk’s legal challenge against the European Union’s €120M ($136.5M) fine on X, adding Washington to the dispute over the bloc’s digital regulations. The U.S. Department of Justice filed the request with the Source link

Goldman Sachs (GS) Lindsay Rosner says the bank’s asset management arm is underweight on the biggest AI borrowers as a flood of issuance washes over the market. “We believe there will be a lot of hyperscaler issuance,” Rosner, head of multi-sector fixed income Source link

She described the breach as the digital version of slipping forged withdrawal slips through a bank’s own teller window. The vault keys never left the building. Someone got into the office that prepares the slips, created paperwork that looked official, and sent it through the same approval window the bank…