BREAKING STORY

A specific event in the last few hours that changes something — an earnings surprise, a regulatory action, a policy decision, a deal.

Tokio Marine Eyes Multibillion-Dollar Bid for Suncorp After Berkshire Stake

The Japanese insurer is reviewing several acquisition targets, including Australia's Suncorp and Canada's Intact Financial, following Berkshire Hathaway's move into the stock.

Tokio Marine is weighing a takeover of Suncorp after Berkshire Hathaway took a stake in the Japanese insurer, according to the Financial Times.

BREAKING STORYBULLISH

Alibaba Shares Slide as Burry Exits Stake and $10.2 Billion Share Sale Lands

Michael Burry's Scion Asset Management dropped Alibaba for JD.com just as Alibaba priced a massive stock placement to fund AI spending.

Alibaba shares fell in Hong Kong after Michael Burry disclosed he had exited his Alibaba stake in favor of JD.com, compounding pressure from a $10.2 billion share placement the company launched to fund AI investment.

BREAKING STORYBEARISH