CONMED Weighs Strategic Sale as Takeover Interest Emerges
The Florida-based surgical device maker faces margin pressures but sees strong interest from acquirers.
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Letterboxd in Talks for $250 Million Sale as Netflix, Sony, and Paramount Circle the Film Platform
Concerns grow over the platform’s independence as it hits 30 million users.
BofA Sees Meta’s AI Chip Breakthrough as Major Turning Point for Cost Control
Bank of America calls Meta’s custom AI chip progress and faster, cheaper 14GW infrastructure buildout a “big positive.” Iris production starts September 2026.
Tencent Set to Become Largest Shareholder of AI Startup Manus After Unwinding Meta’s $2B Deal
Tencent teams up with early investors to buy back AI startup Manus from Meta at $2B valuation.
Circle Secures Final OCC Approval to Launch First National Digital Currency Bank
The milestone boosts USDC credibility and institutional adoption.
SK Hynix Makes Historic $26.5 Billion Nasdaq Debut, Largest Foreign U.S. Listing Ever
Oversubscribed 7x amid surging AI demand for HBM chips.