Yum! Brands in Exclusive Talks to Sell Pizza Hut to LongRange Capital
Yum! Brands may sell Pizza Hut to LongRange Capital as sales fall and stores close; deal still not finalized.
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UMG Rejects Bill Ackman’s $65 Billion Takeover Bid – Music Giant Stays Independent
Universal Music Group rejected Bill Ackman’s $65B takeover offer, saying it undervalues the company and they plan to keep growing.
Green Energy Strikes Back: Nextpower’s $365M Battery Deal Powers AI Data Centers & Lifts Outlook
Nextpower to acquire Prevalon Energy for up to $365M, entering battery storage (BESS) and AI data center markets. Raises FY2027 revenue & EPS outlook. Shares +14%, 5 analyst upgrades.
iHeartMedia Stock Crashes After SiriusXM Merger Talks Collapse
iHeartMedia shares plunged after SiriusXM merger talks suddenly stalled, says NYT DealBook.
Okta Soars on Massive Q1 Earnings Beat as AI Agents Fuel Record Demand
Okta’s new AI security tools are off to a strong start. The company beat profit forecasts and raised its outlook. Its all-in-one platform gives it an edge, helping it win more customers as demand grows for protecting AI systems.
SoFi Stock Surges as It Launches First-Ever U.S. Bank Stablecoin for 15M Members
SoFi just dropped SoFiUSD — the first stablecoin issued by a U.S. national bank, now live for 15 million members. SOFI stock jumps as tokenized deposits, multi-chain & Bullish exchange plans roll out.