Netflix Denies Lionsgate Acquisition Interest, Shuts Down Buyout Rumors
Netflix has officially denied rumors of acquiring Lionsgate Studios. The streaming giant quickly pushed back on takeover speculation amid fluctuating Lionsgate shares.
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Piper Sandler Stays Bullish on Take-Two, Sees 45 Million+ GTA 6 Sales at Launch
Take-Two stock seen rising ~20% as GTA 6 hype grows; analysts expect huge sales and strong upside despite recent drop.
Microsoft Walks Away from $3 Billion Oracle Cloud Deal Over Security Concerns
Microsoft walked away from a potential $3 billion deal to lease Oracle cloud capacity due to security concerns, as Oracle’s public cloud lacks FedRAMP certification.
L3Harris Advances $2 Billion AXYV Missile Spin-Off IPO
L3Harris has selected JPMorgan and Morgan Stanley to lead the upcoming IPO of its missile business AXYV. The spin-off could raise up to $2 billion in 2026.
ANV to Acquire Open Lending for $3.15 Per Share in All-Cash Deal
Open Lending will be taken private upon completion in Q3 2026.
Eos Energy Stock Surges as Battery Line 2 Enters Commercial Production
Eos Energy begins commercial production at its second automated battery manufacturing line in Pennsylvania, moving closer to its 4 GWh annual capacity target by the end of 2026.