iShares U.S. Infrastructure ETF

H&E Equipment Services has received a buyout offer from Herc Holdings for $104.89 per share, topping United Rentals' previous offer of $92 per share. The merger aims to achieve $300 million in synergies and $2.5 billion in EBITDA, with the deal expected to close by mid-2025 pending approvals.

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Renowned investor Steve Eisman has expressed confidence in the stability of the U.S. economy, dismissing fears of an impending recession. What Happened: Eisman, who is known for predicting the 2008 housing crash, stated in a recent interview with CNBC that the U.S. economy is resilient. He attributes this to the strong market performance driven by investments in artificial intelligence and infrastructure. “In bad times, people focus on better quality and balance sheets, and in good times they focus on stories, and we’re in story-time,” Eisman said. Eisman highlighted Wall Street’s ongoing enthusiasm for AI and investments in America’s infrastructure boom as key drivers of the ...Full story available on Benzinga.com

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