Wiley's adjusted EBITDA margin rose 220 basis points to 26.2% as research publishing growth offset learning-segment headwinds. John Wiley & Sons reported flat adjusted revenue for fiscal 2026, up 1% including currency effects, missing its low-single-digit growth outlook. R
SpaceX agrees to acquire Anysphere, parent of AI coding tool Cursor, for $60 billion in stock, expanding its AI capabilities post-IPO. SpaceX will acquire Anysphere, the parent company of AI startup Cursor, in a $60 billion all-stock deal expected to close in the third qua
Chip and AI-related equities reversed Monday’s gains amid mixed broader market performance following U.S.-Iran peace agreement. Technology shares declined on Tuesday, erasing gains from the prior session after a U.S.-Iran peace deal spurred a brief rally. The Nasdaq Compos
For the past two years, the story of AI on Wall Street has mostly been about speed. Faster research, faster summaries, faster answers to questions an analyst would otherwise spend an afternoon on That story is now changing shape. The systems now being built are not
The bank forecasts a 9x surge in optical networking components demand driven by AI infrastructure needs. Goldman Sachs projects the optical networking components market will expand ninefold to $154 billion within two years, fueled by AI-driven data center demand. Memory ch
General Motors stock briefly surged in an attempted breakout Tuesday on reports that the automaker is in talks to supply parts for Lockheed Martin's defense systems. General Motors (GM) and Lockheed Martin (LMT) are exploring a potential arrangement where GM would manufact
Yum Brands agrees to divest Pizza Hut to LongRange Capital and Yum China for $2.7 billion, aiming to streamline operations and prioritize KFC and Taco Bell. Yum Brands Inc (YUM) will sell Pizza Hut for approximately $2.7 billion, splitting the deal between private equity f
Netflix (NFLX) reportedly is interested in buying movie and TV series producer Lionsgate Studios (LION). Lionsgate stock jumped on the news while Netflix stock slumped Semafor reported Tuesday that Netflix is looking for acquisition targets after its failed bid for
KLA Corporation’s stock sits at $254.54, exceeding Wall Street’s $193 price target following a 10-for-1 split and 77% rally. KLA Corporation (NASDAQ:KLAC) has climbed 77% in three months after a 10-for-1 stock split, pushing shares to $254.54—24% above the consensus price
Greece’s regulator is set to deny Binance’s MiCA license, potentially halting services for E.U. clients after June 2026. Binance may lose access to European Union clients by June 2026 after Greece’s Hellenic Capital Market Commission prepares to reject its MiCA license app
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