Unsolicited all-stock acquisition offers for three rivals were rejected or ignored, despite potential shareholder benefits. Forward Industries, the largest publicly traded Solana treasury firm, failed to secure acquisitions of three rival firms after unsolicited all-stock
The agreement values Roku at $160 per share, combining cash and stock, with Fox shareholders owning 73% of the merged entity. Fox Corporation will acquire Roku in a $22 billion cash-and-stock transaction, valuing Roku at $160 per share. The deal includes $96 in cash and 0.
Dell'Oro Group forecasts data center spending to surpass $1 trillion in 2026 driven by AI infrastructure demand. Global data center capital expenditures are projected to top $1 trillion in 2026, as cloud providers accelerate investments in AI-driven infrastructure. The sur
Honeywell's board approved spinning off its aerospace division into a separate public company, lifting HON shares above a key resistance level. Honeywell (HON) announced board approval to spin off its aerospace unit into an independent, publicly traded company on June 29.
A director at American Superconductor reduced her stake by 21% in an open-market sale, citing tax planning as the reason. American Superconductor Corp. (NASDAQ:AMSC) disclosed a $151,000 insider stock sale by director Laura A. Dambier on June 11, 2026. The transaction invo
Adobe’s strategic shift to free AI tools pressures earnings, cutting its P/E to 12 versus the S&P 500’s 24. Adobe’s stock has fallen 51% from its 52-week high as the company prioritizes long-term user growth over short-term earnings. The pivot to free, AI-powered tools has
Pfizer anticipates a five-year growth phase starting in 2029, driven by patent extensions and R&D investments. Pfizer (PFE) expects revenue growth to rebound to high-single-digit rates beginning in 2029, according to CEO Albert Bourla. The outlook follows a period of decli
WDC stock sits 6.6% below $600 after Q3 FY26 revenue surged 45.47% YoY and gross margins topped 50%. Western Digital (NASDAQ:WDC) closed within 6.6% of its $600 price target after reporting a 45.47% year-over-year revenue increase and gross margins exceeding 50% for the fi
YBST reduces its weekly distribution by 4.48% to $0.1366, reflecting a lower yield compared to the prior week. GraniteShares YieldBoost Single Stock Universe ETF (YBST) announced a weekly distribution of $0.1366, down 4.48% from the previous week’s $0.1430. The move marks
The retailer slows price cuts at pumps to offset losses from prior increases, even as national averages fall below $4.12 per gallon. Costco is maintaining higher gasoline prices than competitors despite a three-week decline in national averages to $4.12 per gallon. Crude o