QXO Strikes $17 Billion Deal to Buy TopBuild – Now 2nd Largest Building Products Giant in North America
The deal is expected to close in Q3 2026 and immediately boost earnings.
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American Airlines Rejects United Merger, Citing Harm to Competition
American Airlines rejected a merger with United, saying it would reduce competition, raise prices, and hurt passengers.
DOJ Prepares Antitrust Lawsuit Against Big Egg Producers Over Price Coordination
DOJ may sue Cal-Maine Foods and Versova for possibly coordinating to keep egg prices high during bird flu shortages.
Cerebras Files for IPO: Nvidia’s AI Chip Rival Goes Public
Cerebras plans a Nasdaq IPO after strong growth, big AI deals, and rising demand for powerful chips competing with Nvidia.
Blue Owl Co-CEOs Remove Share Loans to Ease Stock Pressure
CEOs removed risky share-backed loans, easing fears, as investors worry about private credit and withdrawals.
Patrick Industries and LCI Industries in Talks for Major All-Stock Merger
Patrick and LCI may merge in an all-stock deal, creating a bigger RV parts maker. Talks are early, stock rose on news.