PayPal Acquires Cymbio to Dominate AI-Powered Shopping
PayPal buys Israeli startup Cymbio to help merchants sell through AI chatbots like ChatGPT and Copilot. Deal valued in hundreds of millions, closing in 2026.
NOTRELOAD AI
Mobileye Stock Drops Despite Robotics Deal as 2026 Guidance Disappoints
Mobileye shares fall as 2026 revenue and profit guidance miss Wall Street expectations, despite $900M Mentee Robotics acquisition expanding into humanoid robots and Physical AI.
McCormick Faces Margin Pressure Despite Sales Growth in 2026 Outlook
McCormick forecasts lower-than-expected 2026 profits as tariffs, commodity costs, and changing consumer habits squeeze margins despite strong sales projections.
Greenwich LifeSciences Stock Surges on FDA Approval for Breast Cancer Trial
Greenwich LifeSciences (GLSI) shares jump 42% after FDA approves commercial GP2 for Phase III breast cancer prevention trial, reducing regulatory risks ahead of license application.
Alibaba Prepares to Spin Off Chipmaking Unit T-Head for IPO
Alibaba plans to restructure and list its chip unit T-Head as competition heats up in China's AI accelerator market against rivals like Nvidia.
TD Cowen Downgrades Legend Biotech After Carvykti Sales Miss
TD Cowen cut Legend Biotech to Hold from Buy after weaker Carvykti sales, citing slower demand, safety concerns, and rising competition.