Jana Partners Builds Activist Stake in AI Data Powerhouse Everpure
The hedge fund’s intentions remain undisclosed for now.
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Sable Offshore Shares Collapse Amid Heavy Dilution Fears Following $400 Million Raise
Sable Offshore shares plunged to a record low after announcing a $400 million equity and convertible notes offering to refinance Exxon debt. Heavy dilution fears trigger massive sell-off.
Air Products Abandons Louisiana Clean Energy Project Over Weak Returns
Air Products has scrapped its Louisiana Clean Energy Complex and other clean hydrogen initiatives, taking a $2.9 billion pre-tax charge.
Ambarella Shares Surge as Rosenblatt Names It Top Physical AI Pick for H2 2026
Its low-power chips power smart devices like cameras, drones, and robots.
SilverCape Lowers Takeover Offer for PetMed to $3/Share Citing Business Decline
PetMed’s board will review the lowered offer.
Visa, Stripe, and Big Finance Launch Open USD to Challenge USDC Dominance
Visa, Stripe, BlackRock and 100+ giants just launched Open USD — a zero-fee stablecoin with shared reserves. Circle shares drop as Big Finance enters the $325B market.