Grant Thornton to Acquire CBIZ for $5 Billion in Largest Accounting Deal in 25 Years
Creates 5th-largest U.S. firm; New Mountain backs spin-off.
NOTRELOAD AI
Processa Adds Next-Gen BTK Inhibitor VT-7208, Secures $200M Funding Into 2029 — But Ownership Shifts Dramatically
Processa acquires VT-7208, a next-gen brain-penetrant BTK inhibitor for food allergy, CSU & MS. $200M raise funds trials into 2029.
JPMorgan Upgrades CarMax to Neutral, Raises Price Target to $60 on Strong Sales Trends
JPMorgan points to above-seasonal sales performance and competitive pricing as key drivers.
Baird Downgrades Caterpillar Stock Over Data Center Construction Worries
Baird downgrades CAT stock over growing state and local bans on data centers. Near-term orders strong, but 2027-2028 slowdown expected.
SoFi Reports Record Revenue and Member Growth, but Profit Guidance Holds Steady
SoFi beats Q2 estimates, raises revenue guidance to $4.75-4.85B but holds profit targets flat. Shares dip premarket on mixed guidance.
US Awards GlobalFoundries $300 Million to Build Faster, More Efficient AI Chip Links
GlobalFoundries receives $300M US funding to advance silicon photonics, targeting 400Gb/s speeds and 5x energy efficiency for AI data centers.