Ziff Davis Cashes In: Connectivity Division Sold to Accenture in $1.2B Deal
Ziff Davis agrees to sell its Connectivity division—including Ookla, Speedtest, and Downdetector—to Accenture for $1.2 billion cash.
NOTRELOAD AI
Elliott Invests $1B in Pinterest, Fuels $3.5B Share Buyback
Activist investor Elliott Management injects $1 billion into Pinterest via convertible notes at a 30% premium. Pinterest launches $3.5B buyback program, using proceeds for $1B accelerated share repurchase.
Best Buy Surprises Wall Street with Strong Q4 Profits Despite Weaker Sales
Best Buy's fourth-quarter results show strong profits topping analyst estimates, with a slight sales decline but positive outlook for FY27.
Target Signals Turnaround: 2026 Profit Outlook Beats Expectations
Target forecasts upbeat 2026 profits and sales, signaling turnaround success under new CEO Michael Fiddelke. Shares jump 3% as retailer focuses on store upgrades and digital boosts.
Core Scientific Stock Sinks After Q4 Revenue Miss and Accounting Restatement
Core Scientific's (CORZ) shares drop after Q4 2025 results show lower revenue than expected, plus a restatement of past financials due to overstated assets—no impact on key metrics like sales or cash flow.
On Holding's 2026 Sales Forecast Falls Short, Shares Drop Despite Record 2025 Results
Swiss sneaker brand On, backed by Roger Federer, reports strong 2025 growth but disappoints with a conservative 2026 outlook, causing stock dip.