Pizza Giants on the Menu: Papa John's and Pizza Hut Nearing Sale
Papa John’s and Pizza Hut may be sold as costs rise and sales fall; investors consider taking them private for easier restructuring.
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PDS Biotech’s PDS01ADC Delivers Impressive 78% Response Rate in Advanced Colorectal Cancer Trial
PDS Biotech drug PDS01ADC improved tumor shrinkage and survival in colorectal cancer trials, showing strong early results.
Uber’s Massive Shift: $10 Billion Push into Self-Driving Cars
Uber is investing $10B in self-driving cars and robotaxis, shifting from not owning cars to owning fleets to stay competitive.
Piper Sandler Loves the Pullback: Upgrades Cloudflare to Overweight
Analyst upgrades Cloudflare to Overweight, raises target to $222, citing strong growth, AI edge position, and buy-the-dip opportunity view.
From Quarter-Zips to GPUs: Allbirds Becomes NewBird AI with $50M Cash Infusion
Allbirds sells its shoe brand and raises $50M to become NewBird AI, a GPU-as-a-Service cloud company. Special dividend coming.
Wall Street Giant Jane Street Drops $6B on CoreWeave AI Cloud and Buys $1B Stake
Trading firm Jane Street commits $6B for CoreWeave’s AI cloud services and invests $1B in equity, marking CoreWeave’s third major deal this week.