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๐Ÿ“ฐ BizToc.com Hourly News Flash

1) Big Credit Card Merger: Capital One Acquires Discover โ€”

Capital One is set to purchase Discover Financial Services in a major $35.3 billion deal, signaling a significant consolidation in the credit card market. #Merger
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Hidden Value Gems
I saw this headline many times before - but what if this time it is correct? ๐Ÿค”

OK, we heard this many times before. But what if this time it is actually correct (ESG, new focus on FCF and geology)?

"The countryโ€™s crude oil output is expected to increase by just 170,000 barrels a day in 2024 from last year, down from a jump of 1 million barrels a day in 2023, according to federal record-keepers. That is the smallest annual increase since 2016, not counting the pandemic." - @WSJ

#Oil
- Hidden Value Gems
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Hidden Value Gems
OK, we heard this many times before. But what if this time it is actually correct (ESG, new focus on FCF and geology)?

"The countryโ€™s crude oil output is expected to increase by just 170,000 barrels a day in 2024 from last year, down from a jump of 1 million barrels a day in 2023, according to federal record-keepers. That is the smallest annual increase since 2016, not counting the pandemic." - @WSJ #Oil
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Hidden Value Gems
Looks like a very interesting asset benefiting from high gas price volatility especially between summer and winter seasons.

Hard to know if it is a good deal without understanding normalised earnings and the balance sheet of those companies.

A 4th deal by $KIST.L since IPO (ยฃ25m)
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4) China Faces $7T Economic Slump โ€”

China grapples with a staggering $7 trillion downturn, as soaring debt levels and real estate challenges threaten economic stability. #EconomicCrisis
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3) Capital One Buys Discover for $35B โ€”

In a move reshaping financial services, Capital One is set to acquire Discover Financial in a megamerger valued at $35 billion. #FinTech
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2) Longest-Range Delivery Drone โ€”

A game-changing, long-range delivery drone could soon be making its way to your neighborhood, transforming suburban logistics. #DroneTech
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๐Ÿ“ฐ BizToc.com Hourly News Flash

1) White House's $5.8B Water Investment โ€”

White House allocates $5.8 billion from infrastructure funds for nationwide water projects, ensuring vital resource management. #Infrastructure
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4) Capital One's Big Purchase โ€”

Capital One set to acquire Discover Financial in a massive $35 billion deal, reshaping the credit card landscape. #Finance
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