Letterboxd in Talks for $250 Million Sale as Netflix, Sony, and Paramount Circle the Film Platform
Concerns grow over the platform’s independence as it hits 30 million users.
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BofA Sees Meta’s AI Chip Breakthrough as Major Turning Point for Cost Control
Bank of America calls Meta’s custom AI chip progress and faster, cheaper 14GW infrastructure buildout a “big positive.” Iris production starts September 2026.
Strong Demand and Pricing Power Help Delta Offset Record Fuel Costs in Q2
Delta’s premium segment drove Q2 growth as cabin revenue exceeded main cabin. Strong pricing power helped offset historic fuel costs while beating EPS forecasts.
Tencent Set to Become Largest Shareholder of AI Startup Manus After Unwinding Meta’s $2B Deal
Tencent teams up with early investors to buy back AI startup Manus from Meta at $2B valuation.
Perfect Corp. to Go Private in $2.00-Per-Share Deal Led by Chairwoman Alice Chang
Transaction expected to close in Q4 2026.
Stifel Highlights Shopify’s ‘Expanding Moat’ and Agentic Commerce Leadership in Buy Upgrade
The firm sees the 23% YTD decline as a buying opportunity for this high-growth e-commerce leader.