Overview:
U.S. Steel’s proposed $14.9 billion merger with Nippon Steel is facing a major roadblock as President Joe Biden is reportedly set to block the bid, citing national security concerns. This development follows intense scrutiny from the White House, labor unions, and bipartisan political opposition, throwing the future of the deal into uncertainty.
Merger...
NYSE:X US Steel Corp
I honestly do not know what I am looking at! Overall, this appears to be a sideways move, but with significant volatility. Sitting neatly within the levels shown, but I am not clear on if this is an ascending or descending wedge forming over the last few weeks. Overall market conditions are probably mostly at play here, awaiting for the...