Workday CEO Shakeup: Co-Founder Aneel Bhusri Returns to Lead AI Push
Workday announces immediate CEO change as co-founder Aneel Bhusri replaces Carl Eschenbach to lead company's AI transformation. Stock drops 5% on news.
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Transocean to Acquire Valaris: Creating the World's Largest Offshore Drilling Fleet
Transocean announces $5.8B all-stock acquisition of Valaris, combining 73 offshore drilling rigs to create industry leader with $17B enterprise value. Deal expected to close in H2 2026.
Kyndryl Slashes Outlook Amid Leadership Shake-up and SEC Review
Kyndryl slashes revenue forecast and reports leadership changes as SEC reviews cash management practices. Shares drop 40% on internal control concerns.
DA Davidson Upgrades Oracle to Buy, $180 Price Target
DA Davidson upgrades Oracle to Buy, citing strong OpenAI outlook and reduced risks, with a $180 price target.
Morgan Stanley Starts Coverage on TeraWulf and Cipher Mining with Overweight Ratings
Morgan Stanley gives Overweight ratings to TeraWulf and Cipher Mining, highlighting strong infrastructure experience and upside potential in bitcoin-to-data center conversions.
STMicroelectronics Scores Major AI Chip Deal with Amazon
STMicroelectronics shares jump 7% after securing multibillion-dollar AWS partnership to supply AI data center chips, marking European chipmaker's entry into booming AI infrastructure market.