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O’Reilly Automotive Makes Cash Bid for Genuine Parts’ $10B Auto Unit

The potential acquisition could reshape the auto aftermarket as GPC focuses on its industrial business.

O’Reilly Automotive Makes Cash Bid for Genuine Parts’ $10B Auto Unit
Credit: Kristoffer Tripplaar/Sipa/AP Photo
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Featured/ 07/02/2026 · 3:49 PM
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09/19/2025 · 4:56 PM

Genuine Parts Weighs Business Separation

Atlanta-based Genuine Parts Co. is weighing separating its profitable auto parts unit (63% of sales) from its industrial business after settling with Elliott Investment Management.

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Lockheed Martin Emerges as Leading Bidder for Ultra Maritime in $3.5 Billion Deal
Featured/ 07/02/2026 · 4:58 PM

Lockheed Martin Emerges as Leading Bidder for Ultra Maritime in $3.5 Billion Deal

The move would significantly boost its naval sonar, sonobuoy, and torpedo defense portfolio.

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Apple’s Bold iPhone Expansion: 5 New Models, 10 Million Foldables Drive Stock Jump
Featured/ 07/02/2026 · 4:27 PM

Apple’s Bold iPhone Expansion: 5 New Models, 10 Million Foldables Drive Stock Jump

Strong production outlook helps Apple navigate global memory chip shortage.

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Anthropic’s AI Chip Ambitions Spark Semiconductor Sell-Off
Featured/ 07/02/2026 · 12:59 PM

Anthropic’s AI Chip Ambitions Spark Semiconductor Sell-Off

Anthropic has started developing a custom AI chip and is in early talks with Samsung. The news sparked a sell-off in Nvidia, AMD, and semiconductor stocks amid growing custom silicon trend.

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