GameStop Rallies as Michael Burry Revisits Meme Stock Past
GameStop stock rallies over 4% Friday as hedge fund manager Michael Burry posts nostalgic tweets about his early bullish position and interactions with Roaring Kitty and Ryan Cohen.
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Intel Stock Surges 7% on Apple Chip Manufacturing Deal
Intel shares jump over 7% after analyst reports Apple may use Intel's foundries for M-series processors starting 2027, marking major win for chip giant's manufacturing business.
ServiceNow Plans $1B+ Acquisition of Identity Security Startup Veza
ServiceNow is close to acquiring Veza for over $1B, aiming to boost its identity security capabilities across users and machine accounts.
JPMorgan Cuts Outlook for CNH Industrial After Deere’s Industry Update
JPMorgan downgraded CNH Industrial to Underweight and lowered its price target to $10, citing weaker long-term demand for large agricultural equipment as farm profitability declines.
Vanda's Motion Sickness Drug Faces More Delays
Vanda Pharmaceuticals' (VNDA) tradipitant approval delayed again as FDA extends clinical hold review while labeling issues emerge for the motion sickness treatment.
Comcast CEO Brian Roberts Prepares Aggressive Bid for Warner Bros. Discovery Assets
Comcast's (CMCSA) Brian Roberts plans to bid $27-28 per share for WBD's studio and streaming assets, potentially surpassing rivals Netflix and Paramount despite Trump administration opposition.