Workday CEO Shakeup: Co-Founder Aneel Bhusri Returns to Lead AI Push
Workday announces immediate CEO change as co-founder Aneel Bhusri replaces Carl Eschenbach to lead company's AI transformation. Stock drops 5% on news.
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Novo Nordisk Sues Hims & Hers Over Weight-Loss Drug Knockoffs
Danish pharma giant Novo Nordisk files patent lawsuit against telehealth company Hims & Hers for selling unauthorized versions of Wegovy and Ozempic weight-loss medications.
Transocean to Acquire Valaris: Creating the World's Largest Offshore Drilling Fleet
Transocean announces $5.8B all-stock acquisition of Valaris, combining 73 offshore drilling rigs to create industry leader with $17B enterprise value. Deal expected to close in H2 2026.
Kyndryl Slashes Outlook Amid Leadership Shake-up and SEC Review
Kyndryl slashes revenue forecast and reports leadership changes as SEC reviews cash management practices. Shares drop 40% on internal control concerns.
Lilly Acquires Orna Therapeutics for Up to $2.4 Billion
Eli Lilly acquires Orna Therapeutics to advance groundbreaking in vivo CAR-T therapies for autoimmune diseases using circular RNA technology.
DA Davidson Upgrades Oracle to Buy, $180 Price Target
DA Davidson upgrades Oracle to Buy, citing strong OpenAI outlook and reduced risks, with a $180 price target.