Intel rises as US confirms talks for government stake, chipmaker announces SoftBank investment
Shares of surged higher Tuesday, after the company reported that Japanese tech giant SoftBank Group was buying a $2 billion stake in the US chipmaker and Commerce Secretary Howard Lutnick confirmed t...
Dayforce is the top-performing stock in the S&P 500 on buyout reports
rocketed 28% to top Monday’s S&P 500 leaderboard after Bloomberg reported that private equity giant Thoma Bravo is in advanced talks to acquire the HR software provider. Though the deal has yet to be ...
Gildan to buy Hanes in a T-shirt cannon consolidation play
and , the makers of virtually every T-shirt you’ve ever caught at a minor league baseball game, plan to combine to create a basics powerhouse. Gildan on Wednesday said it would acquire Hanes in a deal...
In a gambit, Perplexity offers $34.5 billion to Google for Chrome browser
AI startup Perplexity is making an improbable offer to buy the Chrome browser from . The Wall Street Journal is reporting that Perplexity, the AI search and browser startup, is making the unsolicited ...
Paramount Skydance, TKO climb on a $7.7 billion UFC rights deal
Less than a week after Skydance closed its deal to buy Parmount, has struck a seven-year, $7.7 billion deal for the US streaming and broadcast rights for UFC. Shares of Paramount Skydance and UFC own...
Top Core Scientific shareholders mulling “revolt” against CoreWeave deal: Report
The Financial Times is reporting that some of the “top shareholders” of are crying foul over the terms of its all-stock takeover by and are planning on voting against the deal. “Multiple funds” told...
Ives: Apple AI innovation “is not coming from inside the walls of Apple Park”
Another day, another Dan Ives note urging to acquire AI search engine Perplexity , lest it face a “historic strategic black eye” and be left behind in the “AI Revolution” by competitors like OpenAI, ...
Investors shrug at $85 billion Union Pacific-Norfolk Southern merger, which would shrink US freight’s Big Four to a Big Three
With the proposed $85 billion merger between and , America’s first Megazord-style railroad could be on the way. The merger, which the two companies confirmed last week was being explored , would marr...
JPMorgan Chase reportedly close to deal for Apple’s credit card business
The Wall Street Journal is reporting that is in advanced talks with to take over its credit card business from , in what would be one of the biggest credit card deals ever.
Earnings beat and United alliance approval lift JetBlue, even as profit remains elusive
hasn’t found much profit in the flying-people-around business lately. That trend continued this quarter, as seen in JetBlue’s latest earnings report, released Tuesday. Still, things are looking up for...
Union Pacific and Norfolk Southern confirm that they’re talking about a railroad megamerger
and came clean on Tuesday about their rumored merger discussions : The two rail giants have, in fact, been involved in talks about combining their companies, they said in a statement.
BNSF is reportedly also eyeing a major railroad merger, but Buffett throws some cold water
The rails are alive with the sound of consolidation. Semafor on Tuesday reported that -owned railroad giant BNSF is working with Goldman Sachs to explore a potential megamerger with a rival like or .
Chevron wins Guyana Basin dispute, officially closes $53 billion Hess deal
has officially closed its $53 billion acquisition of Hess after winning a closely watched arbitration case over offshore drilling rights in Guyana. The dispute centered on whether and China’s CNOOC ...
Canada’s Couche-Tard has finally given up its $46 billion pursuit of 7-Eleven’s parent co.
Circle K owner Couche-Tard has officially scrapped its $46 billion offer to acquire — the Japanese parent of 7-Eleven — in what could have marked Japan’s largest-ever foreign buyout. The failed bid f...
Union Pacific is exploring a bid for Norfolk Southern: WSJ
Earlier Thursday, we learned that was exploring an acquisition of an unnamed rival , which sent shares of and up on the day. Now we know one of those choices was right.
CSX and Norfolk Southern jump on report Union Pacific is exploring a bid for a rival
Shares of and rose after a report said is working with Morgan Stanley to explore a potential acquisition of a rival in a move that could reshape the US rail industry. The West Coast rail giant decl...
Bloomberg: Acquihiring could lead to... more public companies?
One month after “acquihired” Scale AI in a $14.3 billion “strategic partnership and investment” deal that bought the social media giant Scale’s CEO, a 49% stake in the AI data-labeling company, and p...
WK Kellogg snaps, crackles, and pops more than 30% on news it’s being acquired by Ferrero
, the cereal maker behind breakfast grain like Mini Wheats, Rice Krispies, and Frosted Flakes, announced on Thursday that it’s being acquired by Ferrero for $3.1 billion. Kellogg shares spiked more th...
Ives: Apple needs to buy Perplexity
Dan Ives has a short message for leadership: time’s up. The Wedbush Securities analyst released a note today saying that Apple CEO Tim Cook needs to “rip the band-aid off” and make a big move to shak...
Starbucks rises on report that its China business may get purchased
is up roughly 3% in premarket trading after Bloomberg reported that the company has been approached by investors interested in buying a controlling stake in its ailing China business. Though Starbucks...