FCC Scraps 39% National TV Ownership Cap in Major Policy Shift
SSP and SBGI surged as broadcasters gained flexibility to pursue larger mergers.
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Alkami Kicks Off Sale Talks Amid Pressure from Activist Investor Jana Partners
The $2B digital banking software firm is in early talks with private equity firms.
SpaceX Lockup Expiry: 900M Shares Hit the Market Today
SpaceX’s first major lockup expiry is here: 900+ million shares become available today. Expect increased volatility as employees and early investors may sell.
Block’s Q2 Beat Overshadowed by Cautious Guidance as Stock Falls
Block beat Q2 with $3.17B gross profit (+25%) and raised 2026 guidance, yet shares fell on softer Q3 outlook and modest user growth.
JOBY Stock Surges on Revenue Beat, FAA Progress & Higher 2026 Outlook
JOBY climbed after Q2 results showed $38.6M revenue, raised guidance, FAA progress, and plans for first eIPP flights in Texas.
Sharon AI Posts Massive Contract Wins but Stock Slips on Weak Near-Term Revenue
Sharon AI stock dropped after Q2 results, even with a $4.9B six-year NVIDIA deal for up to 40,000 GB300 GPUs and $8.8B total contracts.