AES, power provider to hyperscalers, is exploring a potential sale
Shares of are up double digits in premarket trading after Bloomberg reported that the company is willing to listen to acquisition offers. The Virginia-based operator of renewable energy power plants ...
Meta has spent $3.5 billion for a ~3% stake in the company behind Ray-Bans
Mark Zuckerberg’s company really wants to make smart glasses happen. According to Bloomberg’s sources, has bought an almost 3% stake in EssilorLuxottica SA, with an eye to build that toward 5% in the...
CoreWeave sinks after announcing $9 billion deal to buy Core Scientific
Shares of recently IPO’d retail darling are slumping in premarket trading after the company announced plans to buy crypto miner (and business partner) in an all-stock deal worth about $9 billion at ...
Tripadvisor rises on report of activist investor stake
rose more than 8% in premarket trading after The Wall Street Journal reported that activist investor Starboard Value has built a 9% stake in the company. Tripadvisor has fallen behind its peers in the...
America’s DIY boom is over — and Home Depot is moving on with a $4.3 billion pivot
As homeowners scale back renovations, America’s largest home improvement retailer is betting big on who’s still spending. On Monday, announced it will acquire GMS, a major building-products distributo...
Coinbase jumps on Liquifi acquisition
Coinbase, the largest crypto exchange, announced it acquired token management platform Liquifi, adding to the momentum in the crypto M&A space. Shares of were up 2% at market open. Terms of the deal ...
Wolfspeed surges 150% as the embattled chipmaker files for bankruptcy
’s beaten-down shares more than doubled Tuesday morning after the chipmaker filed for Chapter 11 bankruptcy, marking a major move to restructure its hefty debt load amid weakening demand. The North Ca...
Home Depot drops $4.3 billion to buy wholesale supplier GMS in push to win more pros
is scooping up construction products distributor GMS for $4.3 billion as it sharpens its pivot to professional contractors. As part of the deal, Home Depot subsidiary SRS Distribution will acquire all...
HPE soars after DOJ clears Juniper Networks acquisition
Shares of jumped 13% Monday morning after the Department of Justice officially cleared its $14 billion acquisition of Juniper Networks. The announcement ends a contentious antitrust lawsuit that had ...
CoreWeave in talks to acquire Core Scientific: Report
is surging, up 27% in afternoon trading after The Wall Street Journal reported that is in talks to acquire it. A deal for Core Scientific, which provides infrastructure for AI and cryptocurrency mini...
“It definitely came as a surprise”: How the Novo Nordisk-Hims & Hers partnership epically flopped in just two months
When and announced they would partner to expand access to the drugmaker’s wildly popular weight-loss shot, it was an unexpected deal between parties that are typically seen as enemies. A new-generat...
Sorry Big Oil consolidation fans, Shell says it’s not buying BP
is putting the kibosh on a Wall Street Journal report from earlier today that it’s in talks to buy its rival . “This is further market speculation. No talks are taking place,” a Shell spokesperson tol...
Shell is reportedly in talks to buy BP in a generationally huge oil deal
is said to be in early talks to buy its $80 billion rival in what would be one of the biggest oil deals ever, if it happens, according to reporting by The Wall Street Journal. Shares of BP went verti...
Amazon bought Whole Foods eight years ago — now it’s bringing it deeper into the fold
Eight years after acquiring Whole Foods Market, is finally exerting more control over the company. As reported by Business Insider last week, corporate staff at Whole Foods will be brought under Amaz...
Things are not going well for the OpenAI and Microsoft partnership
A pair of reports paint a fraying partnership between and OpenAI. The Wall Street Journal wrote that the companies are still arguing about several issues, including the final size of Microsoft’s stak...
IonQ soars on news it’s buying UK quantum computing startup Oxford Ionics
was trading up as much as 11% premarket following news it’s acquiring British startup Oxford Ionics, though it gave up some of those gains upon market open. Both companies specialize in trapped-ion te...
Warner Bros. Discovery pops after media titan says it’ll split into two companies
shares jumped 10% in early trading after the media giant announced plans to split into two publicly traded companies . The new Streaming & Studios unit will house Warner Bros. Television, Warner Bros....
Amazon-backed Rivian is very cool with Jeff Bezos also investing in Slate Auto
founder Jeff Bezos has invested big in Slate Auto, the startup that recently unveiled an electric truck in the mid-$20,000 price range. Just in case you were wondering, , a company that also makes ele...
Hims & Hers soars after agreement to buy Zava, expanding geographic footprint
is up about 6% in premarket trading after the health and wellness platform announced an all-cash deal to acquire European peer Zava. The purchase would enhance Hims’ presence in the UK and marks its f...
e.l.f. Beauty acquires Hailey Bieber’s skin care brand in a balmy billion-dollar deal
Shares of are up 8% in trading this morning after the company announced Wednesday that it’s agreed to buy rhode, a fast-growing skin care brand founded by Hailey Bieber, for $1 billion. In a press re...