Grindr Acquires Freddie to Put HIV Prevention Inside the App
Shares dropped after Grindr’s $250 million Freddie buy. Near-term margins may dip before the company expects a return above 40%.
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#Event-Driven Stocks↓
onsemi Cuts Synaptics Deal to $5.7 Billion in All-Cash Revision After Rival Bid
onsemi and Synaptics revised their merger to an all-cash $5.7 billion deal after a rival bid, paying holders a fixed $123 a share.
Google wins dismissal of Chegg and Penske lawsuits over AI Overviews
A federal judge dismissed Chegg and Penske antitrust suits over Google AI Overviews, saying expected search traffic is not a contract.
Synopsys Raises the Growth Bar at Investor Day as Wall Street Lifts Price Targets
Synopsys sees mid-teens revenue growth through 2030 and margins near 50%, while average analyst targets imply about 30% upside.
Enerflex Wins 450 MW Contract to Power North American Data Center Project
Enerflex will design and build about 450 MW of behind-the-meter natural gas power units for a North American data center, with deliveries from 2027 to 2028.
Vicor Raises Q3 Sales Forecast Again as Patent Royalties Come In Higher
Vicor lifted its third-quarter sales outlook to more than 30% sequential growth, citing higher royalties from its first Vertical Power Delivery license.