Playboy Stock Surges on $122M China Business Deal
Playboy (PLBY) shares jump 28% as company announces $122 million deal to sell half its China business to UTG Brands Management Group, with proceeds earmarked for debt reduction.
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AppLovin Stock Jumps as CapitalWatch Retracts Key Allegations But Maintains Critical Stance
AppLovin shares rise after CapitalWatch corrects claims about major shareholder Hao Tang while maintaining its negative outlook on the company's financial structure.
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.
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.