iHeartMedia Stock Crashes After SiriusXM Merger Talks Collapse
iHeartMedia shares plunged after SiriusXM merger talks suddenly stalled, says NYT DealBook.
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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.
IFF to Sell Food Ingredients Unit to CVC – Keeps 10% Stake
IFF is selling its food ingredients unit to CVC for $4.3B to focus on core business and reduce debt, while staying partially invested.
Explosion at Blue Origin Leaves Amazon, AST SpaceMobile, and Space Stocks Reeling
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.
Record Quarter for NetApp: $1.95B Revenue Beat + Raised FY2027 Forecast
NetApp beat earnings, grew revenue, boosted cloud & AI products, and raised strong 2027 outlook above expectations.