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Trump Shocks With US Steel-Nippon Approval But Details Elusive

(Bloomberg) -- President Donald Trump on Friday announced a partnership between United States Steel Corp. and Japan’s Nippon Steel Corp., shocking markets with an agreement he said would keep the once-iconic American firm in the US but otherwise providing no specifics. Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?UAE’s AI University Aims to Become Stanford of the GulfNYC’s Wa

Why Crypto Investors Were Shunning Sui Today

A hacker made off with hundreds of millions of dollars in funds from a DEX using Sui. Touted by proponents as an effective, lightning-fast alternative to rival blockchains, Sui (CRYPTO: SUI) wasn't having a good Friday. As of this writing the Sui token was trading down by more than 5% in value from 4 p.m. ET, due mainly to a hack suffered by a decentralized exchange (DEX).

Why Viasat Stock Crumbled by 16% This Week

The satellite company posted a surprise net loss for its fiscal 2025 fourth quarter. Needham analyst Ryan Koontz cut his price target on the stock by about 16%. Investors aggressively intensified the force of the market's gravity on satellite company Viasat (NASDAQ: VSAT) over the past few trading sessions.

Why Five Below Stock Got Socked Today

The company was hit with a recommendation downgrade. Teen- and "tween"-focused discount retailer Five Below (NASDAQ: FIVE) saw its stock head south on Friday after a researcher downgraded its recommendation on the company.