Abu Dhabi's Mubadala Eyes Clear Channel Billboard Business
Mubadala Capital explores acquisition of Clear Channel Outdoor Holdings as outdoor advertising deals heat up globally. Stock jumps 19% on takeover speculation.
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Barclays Dramatically Cuts Rating on AST SpaceMobile Despite Strong Potential
Barclays downgrades AST SpaceMobile from Overweight to Underweight, maintaining $60 price target. Stock valuation concerns overshadow promising direct-to-cellular technology prospects.
AppLovin Shuts Down Array Product Amid App Installation Controversy
AppLovin has discontinued its Array product following allegations that apps were being installed on Android phones without user consent, affecting T-Mobile and Samsung devices.
TrueCar Going Private: Founder Returns in $227M Deal
TrueCar founder Scott Painter is taking the automotive marketplace private in a $227 million all-cash deal at $2.55 per share, with plans to return as CEO.
Morgan Stanley Bullish on Roblox: $170 Target with $300 Bull Case
Morgan Stanley maintains Overweight rating on Roblox with $170 price target. Analyst sees parallels to YouTube and strong AI positioning for next-gen entertainment leader.
Walmart Partners with ChatGPT: Shop Directly Through AI Chat
Walmart teams up with OpenAI to enable direct shopping through ChatGPT. Buy Walmart and Sam's Club products with a simple "buy" button starting fall 2025.