SilverCape Lowers Takeover Offer for PetMed to $3/Share Citing Business Decline
PetMed’s board will review the lowered offer.
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Visa, Stripe, and Big Finance Launch Open USD to Challenge USDC Dominance
Visa, Stripe, BlackRock and 100+ giants just launched Open USD — a zero-fee stablecoin with shared reserves. Circle shares drop as Big Finance enters the $325B market.
Solar Stocks Split as Trump Administration Prepares Chinese Inverter Import Ban
Wells Fargo sees big upside for NextPower, while Enphase and SolarEdge get "limited" benefit.
Joby Aviation and Toyota Launch Joint Venture to Scale eVTOL Air Taxi Production
The partnership aims to accelerate manufacturing, improve efficiency, and bring commercial eVTOL flights to market.
Patrick and LCI Industries Combine to Create Major Outdoor Recreation Platform
LCI shareholders will receive 1.244 Patrick shares per share. Combined entity targets $150M+ in synergies.
Concentrix Tumbles on Sharp Outlook Cut and Softer Client Demand
Clients are reducing budgets and shifting to cheaper automation.