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News Archive

May 13, 2026Connected

212 storiesLast updated: 2:46:21 AMPage 1 of 4

Stocks

StocksBullishUpdated×2

Nvidia Hits Record High as CEO Jensen Huang Joins Trump Delegation to China

Key Facts

•Nvidia shares hit a new record high of $227.16, bringing its market capitalization to approximately $5.4 trillion.
•The stock rose for a sixth consecutive session, fueled by optimism over the company’s prospects in China ahead of high-level US-China meetings.
•Nvidia CEO Jensen Huang joined President Trump’s delegation to China.

Impact:

8/10

NVDA

3 months ago

Geopolitics

GeopoliticsBearishUpdated

Japan's Calbee Shifts to B&W Packaging Amid Strait of Hormuz Closure

Key Facts

•Calbee announced it will temporarily switch to black and white packaging due to ink supply disruptions.
•The supply shortage is attributed to the closure of the Strait of Hormuz amid military tensions.

Impact:

7/10

3 months ago

Macro Economy

Macro EconomyBearishUpdated×4

US PPI Surges 1.4% in April Triggering Treasury Yield Spike

Key Facts

•The Producer Price Index (PPI) rose by 1.4% MoM, marking the largest monthly jump since March 2022.
•Annual PPI surged to 6.0%, significantly exceeding the expected 4.8%.
•2-year Treasury yields spiked to over 4.00%, reaching their highest levels since March.

Impact:

7/10

3 months ago

Central Banks

Central BanksMixedUpdated×2

Senate Confirms Kevin Warsh as Federal Reserve Chair

Key Facts

•The U.S. Senate officially confirmed Kevin Warsh as the new Federal Reserve Chair, succeeding Jerome Powell.
•The confirmation was achieved through a divisive party-line vote, marking the most contentious confirmation for a Fed chair in history.
•The confirmation comes just one day before lawmakers are set to vote on the Clarity Act regarding crypto market structure.

Impact:

7/10

BTC

3 months ago

Commodities

CommoditiesBullishUpdated

Global Oil Inventories Deplete Amid Prolonged Hormuz Blockade

Key Facts

•Global oil reserves are falling due to the ongoing closure of the Strait of Hormuz, creating long-term upward pressure on prices.
•The IEA warned of further price spikes as global oil inventories fall at a record pace.

Impact:

7/10

3 months ago

Crypto

CryptoBullishUpdated

NUVA Protocol Bridges $19B in Tokenized Assets to Ethereum

Key Facts

•Animoca-backed NUVA protocol connected $19 billion of tokenized assets from Figure to the Ethereum network.
•The protocol, led by a veteran BNY executive, aims to bridge real-world assets (RWA) with DeFi markets.

Impact:

7/10

ETH

3 months ago

Mergers & Acquisitions

Mergers & AcquisitionsMixedUpdated×5

eBay Rejects $56 Billion Takeover Bid from GameStop, Citing Lack of Credibility

Key Facts

•eBay rejected a $56 billion takeover bid from GameStop, describing the proposal as neither credible nor attractive.
•GameStop, led by Ryan Cohen, is pursuing eBay as a vehicle to compete with Amazon.

Impact:

6/10

EBAY GME

3 months ago

Bonds

BondsBullishUpdated

Venezuela Launches $170 Billion Sovereign Debt Restructuring

Key Facts

•Venezuela is seeking to restructure $170 billion in debt after being shut out of global markets since 2017.
•The move comes as diplomatic relations between Venezuela and the United States begin to thaw.

Impact:

6/10

3 months ago

May 13, 2026Connected

212 storiesLast updated: 2:46:21 AMPage 1 of 4

Stocks

StocksBullishUpdated×2

Nvidia Hits Record High as CEO Jensen Huang Joins Trump Delegation to China

Key Facts

•Nvidia shares hit a new record high of $227.16, bringing its market capitalization to approximately $5.4 trillion.
•The stock rose for a sixth consecutive session, fueled by optimism over the company’s prospects in China ahead of high-level US-China meetings.
•Nvidia CEO Jensen Huang joined President Trump’s delegation to China.

Impact:

8/10

NVDA

3 months ago

Geopolitics

GeopoliticsBearishUpdated

Japan's Calbee Shifts to B&W Packaging Amid Strait of Hormuz Closure

Key Facts

•Calbee announced it will temporarily switch to black and white packaging due to ink supply disruptions.
•The supply shortage is attributed to the closure of the Strait of Hormuz amid military tensions.

Impact:

7/10

3 months ago

Macro Economy

Macro EconomyBearishUpdated×4

US PPI Surges 1.4% in April Triggering Treasury Yield Spike

Key Facts

•The Producer Price Index (PPI) rose by 1.4% MoM, marking the largest monthly jump since March 2022.
•Annual PPI surged to 6.0%, significantly exceeding the expected 4.8%.
•2-year Treasury yields spiked to over 4.00%, reaching their highest levels since March.

Impact:

7/10

3 months ago

Central Banks

Central BanksMixedUpdated×2

Senate Confirms Kevin Warsh as Federal Reserve Chair

Key Facts

•The U.S. Senate officially confirmed Kevin Warsh as the new Federal Reserve Chair, succeeding Jerome Powell.
•The confirmation was achieved through a divisive party-line vote, marking the most contentious confirmation for a Fed chair in history.
•The confirmation comes just one day before lawmakers are set to vote on the Clarity Act regarding crypto market structure.

Impact:

7/10

BTC

3 months ago

Commodities

CommoditiesBullishUpdated

Global Oil Inventories Deplete Amid Prolonged Hormuz Blockade

Key Facts

•Global oil reserves are falling due to the ongoing closure of the Strait of Hormuz, creating long-term upward pressure on prices.
•The IEA warned of further price spikes as global oil inventories fall at a record pace.

Impact:

7/10

3 months ago

Crypto

CryptoBullishUpdated

NUVA Protocol Bridges $19B in Tokenized Assets to Ethereum

Key Facts

•Animoca-backed NUVA protocol connected $19 billion of tokenized assets from Figure to the Ethereum network.
•The protocol, led by a veteran BNY executive, aims to bridge real-world assets (RWA) with DeFi markets.

Impact:

7/10

ETH

3 months ago

Mergers & Acquisitions

Mergers & AcquisitionsMixedUpdated×5

eBay Rejects $56 Billion Takeover Bid from GameStop, Citing Lack of Credibility

Key Facts

•eBay rejected a $56 billion takeover bid from GameStop, describing the proposal as neither credible nor attractive.
•GameStop, led by Ryan Cohen, is pursuing eBay as a vehicle to compete with Amazon.

Impact:

6/10

EBAY GME

3 months ago

Bonds

BondsBullishUpdated

Venezuela Launches $170 Billion Sovereign Debt Restructuring

Key Facts

•Venezuela is seeking to restructure $170 billion in debt after being shut out of global markets since 2017.
•The move comes as diplomatic relations between Venezuela and the United States begin to thaw.

Impact:

6/10

3 months ago

StocksBullishUpdated

Cisco Raises AI Infrastructure Guidance to $9 Billion Following Record Q3 Results

Key Facts

•Cisco reported record Q3 revenue of $15.8 billion, up 12% year-over-year, exceeding the high end of its guidance.
•The company raised its expected FY26 AI infrastructure orders to $9 billion, up from the previous estimate of $5 billion.
•Fossil Group reported Q1 operating income of $12 million on net sales of $225 million, outperforming top and bottom line expectations.

Impact:

8/10

FOSL VEEV INVE BCHT

3 months ago

StocksBullishUpdated×2

HPE Stock Jumps 7.5% as Irenic Capital Joins Push for Strategic Changes

Key Facts

•Hewlett Packard Enterprise (HPE) stock surged 7.5% to reach $32.48.
•Activist investor Irenic Capital has joined Elliott Management in pushing for strategic changes at the company.
•Increased trading volume suggests strong institutional interest in potential catalysts like asset divestitures or operational improvements.

Impact:

7/10

HPE

3 months ago

StocksBullish

Comfort Systems USA Q1 Earnings Surge 121% on Massive Margin Expansion

Key Facts

•Comfort Systems USA reported Q1 2026 earnings of $10.51 per share, a 121.3% increase from the $4.75 reported in the prior year quarter.
•Earnings growth significantly outpaced revenue growth, suggesting margin expansion is becoming a primary driver for the company.

Impact:

7/10

FIX

3 months ago

StocksBullish

Blue Bird Acquires Full Stake in Micro Bird, Raises FY2026 Guidance

Key Facts

•Blue Bird acquired the remaining 50% of Micro Bird for $201.8 million.
•The company raised its FY2026 EBITDA guidance by 8.9%.
•The deal implies a 10.7x FY2026 EBITDA multiple, which is below the sector median of 12.3x.

Impact:

7/10

BLBD

3 months ago

StocksBullish

Anthropic Eyes $30B Funding at $900B Valuation Amid IPO Rumors

Key Facts

•Anthropic is in early discussions to raise at least $30 billion at a valuation of nearly $900 billion.
•A separate report indicated Anthropic could be poised for an initial public offering as soon as October.
•Anthropic warned investors about unauthorized sellers of its shares on secondary marketplaces, calling them stock scams.

Impact:

7/10

3 months ago

StocksBullish

Defense Firm Anduril Valuation Hits $61B Amid Rising IPO Expectations

Key Facts

•Defense contractor Anduril completed a funding round at a $61 billion valuation.
•The company is involved in building President Trump’s 'Golden Dome' antimissile shield.

Impact:

7/10

3 months ago

StocksBullishUpdated

Las Vegas Sands Q1 Earnings Beat Estimates on Strong Macao and Singapore Recovery

Key Facts

•Las Vegas Sands reported adjusted EPS of $0.91, significantly exceeding analyst estimates of $0.76.
•Company revenue reached $3.59 billion in Q1, surpassing the expected $3.32 billion.
•The company enhanced financial flexibility by issuing $998 million in fixed-rate senior unsecured notes.

Impact:

7/10

LVS

3 months ago

StocksBullish

Ford Shares Surge 15% as Morgan Stanley Bullish on Energy Storage

Key Facts

•Ford Motor Co. shares surged as much as 15% after a bullish call from Morgan Stanley highlighted the automaker's energy storage business.
•The gain marks the stock's best one-day performance since March 2020 and has helped it turn positive for the year.

Impact:

7/10

3 months ago

StocksBullish

S&P 500 Hits Record 7,400 as Markets Eye Landmark SpaceX IPO

Key Facts

•The S&P 500 crossed the 7,400 level for the first time, driven by a surge in AI memory stocks.
•Anticipation is building for the SpaceX IPO, regarded as the most significant offering of the current cycle.
•The options market is flashing contradictory signals as valuations reach historic highs.

Impact:

7/10

SPX SPCX

3 months ago

StocksBearish

ImmunityBio Sued Following FDA Warning Over Misleading Cancer Drug Claims

Key Facts

•ImmunityBio faces a securities class action lawsuit after the FDA issued a warning letter regarding misleading efficacy claims for its product Anktiva.
•The news caused IBRX shares to plunge 21%, resulting in a loss of approximately $2 billion in market capitalization.

Impact:

7/10

IBRX

3 months ago

StocksBullish

Argentina Grants TGS Tax Incentives for $550M Gas Pipeline Expansion

Key Facts

•Argentina's economy ministry approved Transportadora de Gas del Sur's application to enter the RIGI large-investment incentive scheme.
•The expansion project for the Perito Moreno gas pipeline is valued at approximately $550 million.

Impact:

7/10

3 months ago

StocksBullish

Fervo Energy Surges 30% in Nasdaq Debut Amid AI Power Demand

Key Facts

•Fervo Energy shares jumped more than 30% shortly after trading began on the Nasdaq under the ticker FRVO.
•The company raised approximately $1.89 billion at $27 per share, making it the largest energy or utility IPO since 2013.
•The IPO exceeded initial expectations by roughly $500 million due to strong investor demand during the roadshow.

Impact:

7/10

FRVO

3 months ago

StocksBullish

Eos Energy Posts Surprise Q1 Profit and Record Revenue Growth

Key Facts

•Eos Energy reported EPS of $0.12, significantly beating analyst estimates of a $0.22 loss per share.
•Quarterly revenue reached $56.96 million, exceeding the estimated $54.32 million and showing substantial growth from $10.46 million in the prior year.
•The company announced a strategic partnership with Cerberus to form Frontier Power USA, focusing on grid-scale energy storage.

Impact:

7/10

EOSE

3 months ago

StocksBullishUpdated×2

Cadence Stock Surges 26.4% Monthly Amid AI-Driven Semiconductor Design Boom

Key Facts

•Cadence Design Systems shares have risen 26.4% over the past month, outperforming the S&P 500 index.
•The stock recently gained 2.17% to reach a price level of $354.13.
•Strong growth is driven by Q1 earnings beating estimates and increasing demand for AI-driven design tools.

Impact:

7/10

CDNS

3 months ago

StocksBullish

Corning Stock Hits Record High on NVIDIA Partnership and Ambitious Growth Plan

Key Facts

•Corning Inc. stock reached an all-time high of $209.43, bringing its market capitalization to $179 billion.
•The company announced a partnership with NVIDIA to expand optical connectivity manufacturing.
•The Springboard growth plan aims for $35 billion in annualized sales by 2030.

Impact:

7/10

GLW NVDA

3 months ago

StocksBullish

Aritzia Q4 Results Validate Premium Valuation Amid Surging US Growth

Key Facts

•Aritzia revenue surged 32.6% YoY in Q4 to $1.19 billion, driven by robust U.S. growth.
•Digital revenue reached $1.3 billion with 35% digital penetration, underscoring omni-channel strength.
•Comparable sales climbed 27.7% in Q4, supported by an upbeat Fiscal 2027 outlook.

Impact:

6/10

ATZAF

3 months ago

StocksBullish

Saudi Aramco Targets $10 Billion in Real Estate Asset Monetization

Key Facts

•Saudi Aramco expects to raise at least $10 billion through a sale and leaseback deal for its real estate assets.
•Potential assets in the deal include the Dhahran Camp residential community in the Kingdom's Eastern Province.

Impact:

6/10

2222.SR

3 months ago

StocksBullishUpdated×3

Nextpower Hits 52-Week High as Earnings Beat Estimates by 18%; Citigroup Hikes Target

Key Facts

•Nextpower reported fiscal fourth-quarter earnings that exceeded analyst expectations.
•The company hiked its revenue outlook for the 2027 fiscal year.

Impact:

6/10

3 months ago

StocksNeutralUpdated

Apple Criticizes EU Push for AI Rival Access to Google Services

Key Facts

•Apple criticized EU proposals aimed at forcing Google to grant AI rivals access to its services.
•Apple argues that these Digital Markets Act measures would introduce significant risks to user privacy and security.

Impact:

6/10

AAPL GOOGL

3 months ago

StocksBullish

Fervo Energy Raises $1.9 Billion in IPO to Scale Geothermal Power Technology

Key Facts

•The start-up Fervo Energy raised $1.9 billion in an initial public offering to fund its geothermal energy technology.

Impact:

6/10

3 months ago

StocksBullishUpdated

FedEx Board Formally Approves Spin-off of FedEx Freight Unit

Key Facts

•The FedEx Board approved the separation of FedEx Freight via a pro rata dividend of 80.1% of shares to stockholders of record as of May 15, 2026.

Impact:

6/10

FDX

3 months ago

StocksBullish

Atmos Energy and Host Hotels Beat Earnings Estimates; ATO Raises Guidance

Key Facts

•Atmos Energy reported Q2 2026 EPS of $5.92, significantly beating the forecast of $3.38.
•Host Hotels & Resorts reported Q1 EPS of $0.72, surpassing the expected $0.35.
•Atmos Energy raised its full-year FY2026 EPS guidance to a range of $8.40-$8.50.

Impact:

6/10

ATO HST

3 months ago

StocksBullish

Tower Semiconductor Shares Surge as Q1 Earnings Beat Estimates on AI Demand

Key Facts

•Tower Semiconductor reported Q1 revenue of $413.6 million, exceeding consensus estimates of approximately $408 million.
•Shares jumped 12% following the announcement of 15% year-over-year revenue growth and an upbeat outlook.

Impact:

6/10

TSEM

3 months ago

StocksBullish

Enphase Stock Surges 11.6% on Commercial Solar Market Expansion

Key Facts

•Enphase shares jumped 11.6% following the announcement of U.S. pre-orders for its new IQ9S-3P Commercial Microinverter.
•The stock rally was supported by positive results from competitor First Solar and increased global demand for renewable energy.

Impact:

6/10

ENPH

3 months ago

StocksBullish

Albemarle Upgraded to Strong Buy Following Significant Q1 Earnings Beat

Key Facts

•Zacks Research upgraded Albemarle Corp. to Strong Buy following its Q1 2026 results.
•The company reported an EPS of $2.95, significantly beating analyst estimates.
•Scotiabank raised its price target for the stock, echoing positive sentiment in the lithium sector.

Impact:

6/10

ALB

3 months ago

StocksBullish

Ormat Technologies Hits 52-Week High on Earnings Beat

Key Facts

•Ormat Technologies (ORA) hit a new 52-week high of $133.56 after beating EPS and revenue expectations.
•The company announced a quarterly dividend of $0.12 per share with an average analyst price target of $131.64.

Impact:

6/10

ORA

3 months ago

StocksBearish

Zoetis Faces Securities Fraud Probe After 21.5% Stock Crash

Key Facts

•Levi & Korsinsky commenced a securities fraud investigation into Zoetis Inc. following a 21.5% single-session stock decline.
•ZTS shares lost approximately $23.91 per share on May 7, 2026, after missing Q1 expectations and cutting full-year revenue guidance.

Impact:

6/10

ZTS

3 months ago

StocksBearish

Court Filing Reveals Sam Altman's $2B Stake in OpenAI Business Partners

Key Facts

•OpenAI CEO Sam Altman holds stakes worth over $2 billion in companies that have conducted business with his AI firm.
•Altman faces self-dealing claims from state attorneys general and Elon Musk, alongside a U.S. congressional investigation.

Impact:

6/10

3 months ago

StocksMixed

Takeda Pharmaceutical to Cut 4,500 Jobs in Major Restructuring Push

Key Facts

•Japan's Takeda Pharmaceutical plans to cut about 4,500 jobs in fiscal year 2026.
•The job cuts aim to centralize corporate functions and reduce costs as part of a restructuring effort.

Impact:

6/10

3 months ago

StocksBearish

Congress Inquires Into Instructure Following Canvas Data Breach

Key Facts

•The House Homeland Security Committee is seeking answers from Instructure after a hacker group stole data from more than 9,000 schools.

Impact:

6/10

3 months ago

StocksBearish

HF Sinclair Terminates CFO Atanas Atanasov Following Audit Committee Review

Key Facts

•U.S. refiner HF Sinclair announced the termination of CFO Atanas Atanasov on Wednesday.
•Atanasov had been on voluntary leave since late February following concerns raised by the company's audit committee.

Impact:

6/10

DINO

3 months ago

StocksBullish

Court Rules in Favor of Kalshi, Boosting Event-Based Prediction Markets

Key Facts

•The Third Circuit Court sided with KalshiEX LLC in its dispute with the CFTC regarding the regulation of event-based swap contracts.

Impact:

6/10

3 months ago

StocksBullish

FDA Grants Accelerated Approval to BeOne Medicines' BEQALZI for Lymphoma

Key Facts

•The U.S. FDA granted accelerated approval to BEQALZI (sonrotoclax) as the first BCL2 inhibitor for relapsed or refractory mantle cell lymphoma.

Impact:

6/10

ONC

3 months ago

StocksBearish

Birkenstock Shares Plunge 13% on Earnings Miss and Margin Pressure

Key Facts

•Birkenstock shares fell more than 13% after reporting second-quarter profit that missed analyst estimates.
•Fiscal second-quarter revenue reached 618 million euros, up 8% on a reported basis.
•US tariffs and foreign exchange headwinds weighed on the German shoemaker's margins.

Impact:

6/10

BIRK

3 months ago

StocksBullishUpdated×2

Cisco Shares Surge 19% on Raised Revenue Forecast and AI Infrastructure Demand

Key Facts

•Cisco plans to cut about 4,000 jobs, affecting less than 5% of its workforce, to refocus on AI.
•The company raised its sales forecast based on strong AI demand despite the layoffs.

Impact:

6/10

CSCO

3 months ago

StocksBullish

Bloom Energy Supplier Wins Record Contract to Power AI Data Center Infrastructure

Key Facts

•Federal Pacific announced its largest contract ever from Bloom Energy to supply medium-voltage switchgear and engineering services for a large-scale AI data center project.

Impact:

6/10

3 months ago

StocksBullish

DDI Beats Q1 Earnings Estimates Driven by Direct-to-Consumer Growth

Key Facts

•DDI reported earnings per share of $0.71, surpassing the analyst estimate of $0.58.
•Company revenue increased by 12.7% to $94.12 million, driven by the acquisition of WHOW Games GmbH.
•Direct-to-Consumer (DTC) revenue grew significantly to $34.00 million from $9.00 million in the prior year.

Impact:

6/10

DDI

3 months ago

StocksBullish

SMA Solar Sales Climb as European Demand for Rooftop Panels Surges

Key Facts

•SMA Solar reported increased demand for residential and commercial solar equipment in Europe.
•Geopolitical tensions have lifted sales in the company's home and business divisions.

Impact:

6/10

S92

3 months ago

GeopoliticsMixedUpdated

Saudi Warplanes Reportedly Strike Militias in Iraq Amid Regional Tensions

Key Facts

•Sources reported that Saudi warplanes carried out strikes against militias in Iraq during the ongoing war.

Impact:

7/10

3 months ago

GeopoliticsBullishUpdated

UAE Tanker Leaks Fuel Off Oman After Iranian Strike Amid Rising Tensions

Key Facts

•A UAE-owned tanker leaked fuel off the coast of Oman following a strike by Iran.

Impact:

7/10

3 months ago

GeopoliticsBearish

UK PM Starmer Vows to Fight Leadership Challenge Amid Ministerial Resignations

Key Facts

•UK PM Starmer has told allies he will stand and fight if Health Secretary Wes Streeting triggers a leadership contest.
•Four ministers have resigned and at least 80 MPs are urging Starmer to quit amid open division within the Labour party.
•A leadership contest requires nominations from 20% of Labour MPs, currently a threshold of 81 members.

Impact:

6/10

3 months ago

Macro EconomyMixedUpdated

US Inflation Beats Forecasts as Nvidia CEO Joins Trump's China Delegation

Key Facts

•US April CPI rose to 3.8% year-over-year, exceeding the 3.7% consensus forecast.
•Nvidia CEO Jensen Huang joined President Trump's delegation to China to discuss the war and tariffs.
•The US sold 30-year bonds at a 5% yield for the first time since 2007.

Impact:

7/10

NVDA

3 months ago

Macro EconomyBearish

US Inflation Pressures Trigger 3% Pullback in Semiconductor Index

Key Facts

•April's CPI data showed broad-based inflation pressures, with core inflation rising above expectations.
•The Philadelphia Semiconductor Index dropped 3% following a historic rally.
•The Fed's 'Supercore' inflation measure returned to levels above 3%.

Impact:

6/10

3 months ago

Central BanksNeutralUpdated

U.S. Senate Confirms Kevin Warsh as Federal Reserve Chair

Key Facts

•The U.S. Senate confirmed Kevin Warsh as the new Fed chair on Wednesday in a party-line vote.

Impact:

7/10

3 months ago

Central BanksBearishUpdated×2

Fed's Susan Collins Signals Potential Rate Hike Amid Broadening Inflation Pressures

Key Facts

•Boston Fed President Susan Collins stated that the central bank might need to raise interest rates if inflation pressures broaden in the coming months.
•Collins noted she is closely watching how households' inflation expectations have drifted higher.

Impact:

7/10

3 months ago

Central BanksBearishUpdated

ECB’s Philip Lane Signals Potential Rate Hikes Amid Iran War Oil Shock

Key Facts

•ECB Chief Economist Philip Lane stated that a global oil shock from the Iran war may require the central bank to raise interest rates.
•The potential rate hikes aim to prevent higher fuel costs from spreading to wages, inflation expectations, and broader prices.

Impact:

7/10

3 months ago

Mergers & AcquisitionsBullishUpdated

Johnson Controls Acquires Alloy Enterprises to Boost AI Data Center Cooling

Key Facts

•Johnson Controls (JCI) completed its acquisition of Alloy Enterprises, a specialist in thermal management for high-performance data centers.
•The acquisition aims to enhance cooling capabilities in mission-critical environments as AI-driven demand increases.

Impact:

6/10

JCI

3 months ago

Mergers & AcquisitionsBullish

Skydance Paramount Pushes for $110B Merger with Warner Bros. Discovery

Key Facts

•Skydance Paramount stated that a $110B merger with Warner Bros. Discovery is necessary to compete in the streaming sector.

Impact:

6/10

WBD PARA NFLX

3 months ago

Mergers & AcquisitionsMixedUpdated

UWMC Slams Two Harbors Governance After $12.50 Per Share Bid Rejection

Key Facts

•Two Harbors Board rejected an acquisition proposal from UWMC for $12.50 per share in cash or 2.3328 shares of UWMC stock.
•UWMC criticized Two Harbors' corporate governance, alleging the board failed to act in the best interest of stockholders.

Impact:

6/10

UWMC TWO

3 months ago

Mergers & AcquisitionsBullish

Wendy's Stock Surges on Reports Nelson Peltz Aims to Take Company Private

Key Facts

•Wendy's stock rose following reports that billionaire Nelson Peltz is considering taking the fast-food chain private.

Impact:

6/10

WEN

3 months ago

Mergers & AcquisitionsBullishUpdated

GoPro Retains Houlihan Lokey to Explore Strategic Sale and Alternatives

Key Facts

•GoPro announced it has retained investment bank Houlihan Lokey to serve as its financial advisor to evaluate a potential sale and other strategic alternatives.

Impact:

6/10

GPRO

3 months ago

Mergers & AcquisitionsBullishUpdated×2

GameStop CEO Ryan Cohen Proposes $125 Per Share Acquisition of eBay

Key Facts

•GameStop CEO Ryan Cohen proposed acquiring eBay in a half-cash, half-stock deal valued at $125 per share.
•eBay rejected the offer as not credible, while Cohen plans to take the proposal directly to shareholders.

Impact:

6/10

GME EBAY

3 months ago