Investors questioned whether combining AstraZeneca with Bristol Myers would strengthen growth enough to justify the financial and regulatory risks.
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The Bithumb crypto exchange is preparing for a 2028 initial public offering (IPO) after reorganizing its business and setting out a two-year program to strengthen accounting, compliance and risk controls. South Korea’s largest cryptocurrency exchange said it expects to complete internal-control ...
Apple's Latest Acquisition Signals a Bigger Push Into AI and Advanced Chips
One of the largest global pharma companies would be created if a deal were to materialise.
The merger would be one of the biggest pharma deals ever. AstraZeneca’s market capitalization stood at $264 billion as of Friday’s close, while Bristol Myers Squibb had a total valuation of $133 billion.
If maintained until close, the decline would be the stock’s biggest one-day percentage fall since the day of the 2024 U.S. presidential election.
Tesla Inc. CEO Elon Musk has dismissed reports of the EV giant mulling the sale of its Chinese arm that could have reportedly paved the way for a potential merger with Space Exploration Technologies Corp.. Elon Musk Says Sale Has...
Elon Musk's net worth has fallen below where it stood before SpaceX's initial public offering priced
Tesla had already reportedly prepped for the idea in the event that Beijing invades Taiwan.
Jersey Mike's sandwich chain made it from the Jersey Shore to the financial capital of the world.
China's CXMT just pulled off one of the most explosive stock market debuts in history, and memory giants with triple-digit gains on the books are now facing a sector-wide reckoning that could upend the entire bull case for DRAM and NAND.
Investing.com -- Seaport Research Partners downgraded Warner Bros Discovery to Neutral from Buy, arguing that a prolonged delay to its proposed acquisition by Paramount Skydance reduces the attractiveness of the stock despite potential upside if the transaction is ultimately completed. The downgrade follows Paramount Skydance's decision to put the acquisition on hold until as late as June 1, 2027, as it seeks to address legal challenges from the Writers Guild and several U.S. state attorneys gen
Steer clear of the entertainment company’s shares for now—there’s just not enough regulatory clarity for investors.
The entertainment giant reported a notable insider sale amid legal challenges to its merger with Paramount Skydance.
According to a court filing from Friday, the companies have agreed to pause the transaction until five days after the court issues a final decision on the merger, or until June 1, 2027.
According to TheFly, HSBC analysts initiated their coverage of SpaceX with a ‘Hold’ rating and a price target of $115.
SpaceX (NASDAQ:SPCX) short sellers have amassed an estimated $15. 5 billion in unrealized gains as the aerospace company’s shares continue to retreat from the highs reached shortly after its public market debut, according to data from Ortex Technologies cited by Reuters.
Investing.com - Short sellers targeting SpaceX (NASDAQ:SPCX) had accumulated an estimated $15.5 billion in paper profit through Tuesday, July 22, according to Ortex Technologies data cited by Reuters, as the stock continued to unwind its spectacular post-IPO surge.
Investing.com -- Apple’s trade secret lawsuit named OpenAI and io Products directly as defendants, alongside two former Apple employees, but the litigation is unlikely to derail OpenAI’s IPO plans, according to Ross Carmel, a partner and IPO expert at Sichenzia Ross Ference Carmel LLP.
Editor’s Note: This story has been updated to include a response from an Intel spokesperson. SK hynix Inc (NASDAQ:SKHY) said Tuesday it has neither pursued nor decided to acquire Intel Corp‘s (NASDAQ:INTC) Ohio semiconductor campus, denying a media report that claimed the South Korean memory chipmaker was in talks to buy the site. SK hynix Responds to Korea JoongAng Daily Report SK hynix issued the clarification in a Korea Exchange filing after Korea JoongAng Daily reported that the company was
Mega-IPOs don't necessarily become the biggest winners -- at least, not quickly.
ESPN chairman Jimmy Pitaro said most of the cuts stem from the network's acquisition of NFL Network, which closed in April
Sometimes, a promising stock that's down 45% still isn't a bargain.
Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the timing couldn’t be worse with the company reportedly eyeing an IPO […]
KeyBanc expects major stock unlocks beginning around Q2 earnings, potentially expanding tradable supply sharply.
SpaceX shares closed below their $135 IPO price for the first time, marking a sharp decline from the record high posted soon after the stock started trading last month.
Rising short interest, a Starship test, earnings, and lockup expirations put SpaceX shares in focus.
Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies. Short sellers aim to sell borrowed shares to buy them back at a profit. (Reporting by Saqib Iqbal Ahmed)