ITHAX Acquisition Corp.
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JPMorgan Signals $20B Acquisition Capacity, May 29
JPMorgan CEO Jamie Dimon signals potential $10-20 billion in acquisitions, backed by $40-50 billion excess capital and rising investment banking fees.
JP Power Surges 28% in 2 Days After Adani Deal, May 29
JP Power shares surge 28% after Adani Power agrees to acquire 24% stake and Churk thermal plant for Rs 4,193 crore.
Ondas Stock Soars 22.7% on Drone Platform Expansion, May 28
Ondas stock surges 22.7% on Omnisys acquisition and SkyWeaver drone platform expansion. Meyka rates ONDS B+ with $16.24 price target.
Indian Stock Market Closed May 28 for Bakri Id; Trading Resumes May 29
Indian stock markets BSE and NSE closed May 28 for Bakri Id holiday. Trading resumes May 29. Sensex down 0.19%, Nifty down 0.03% on May 27.
Futu Reports 34% Account Growth in Q1 2026, May 29
Futu Holdings Q1 2026 earnings: funded accounts grew 34% to 3.6 million, but net income fell 61% to HK$831M. Trading volume and client assets surged.
Gina Rinehart Invests A$26M in Southern Cross Media, May 28
Gina Rinehart invests A$26M for 10% stake in Southern Cross Media, owner of Channel 7 and Triple M. Her third media venture since 2011.
JPMorgan Chase Redeems $2B Preferred Stock, Stock Falls 2.4% on May 28
JPMorgan Chase redeems $2B preferred stock as CEO signals $106B annual expenses and $10-20B acquisition budget, raising valuation concerns.
Canada Shifts Defence Strategy at CANSEC 2026, May 27
Canada announces defence procurement deals at CANSEC 2026, including GlobalEye surveillance and quantum-secured Arctic batteries.
Gordon Brothers Buys Radley Brand, Closes 21 UK Stores, May 27
Gordon Brothers acquires Radley in pre-pack administration. 42 jobs lost, 21 UK stores closing by summer. Asset-light model planned.