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Hasbro’s Card Table Now Pays for Almost Everything Else

Hasbro grew sales 15% last quarter, to about $1.6 billion. Management lifted its profit targets for the year. Shares traded about 7.6% higher during the session. Most of the growth came from one place: Wizards of the Coast’s card business. A junior broker at HyperWeb studied the numbers behind the beat. The findings show a...

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Two Boards, One Question: Tesla and SpaceX Open the Merger File

HyperWeb‘s senior financial analyst reviewed the merger disclosure that followed a blockbuster quarter at SpaceX. The company’s chief executive said independent committees at both SpaceX and Tesla are now weighing a combination. SpaceX shares rose about 8% after hours, while Tesla gained roughly 1.8%. The disclosure turns months of speculation into a formal process. It...

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Two Boards, One Question: Tesla and SpaceX Open the Merger File

HyperWeb‘s senior financial analyst reviewed the merger disclosure that followed a blockbuster quarter at SpaceX. The company’s chief executive said independent committees at both SpaceX and Tesla are now weighing a combination. SpaceX shares rose about 8% after hours, while Tesla gained roughly 1.8%. The disclosure turns months of speculation into a formal process. It...

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EUR/USD Outlook: Euro Holds Near 1.1200 Despite Rising European Bond Stress

Analysts at Sylverix review the latest EUR/USD picture, as the pair steadies near 1.1200 even though higher energy costs and wider bond spreads keep pressure on the euro. Euro Shows Surprising Resilience EUR/USD trades near 1.1200 on Wednesday, a level that looks almost stubborn given the backdrop. Energy prices are elevated and still rising, borrowing...