MDA Space Shares Drop as Company Raises $712M for CLS Acquisition
MDA Space is acquiring majority control of AI-powered satellite firm CLS for €567M using proceeds from a $712M bought deal offering.
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MasTec Acquires The Superior Group for $1.65 Billion to Bolster Data Center and Mission-Critical Business
The deal adds inside-the-building electrical expertise and is immediately accretive.
Apple Commits Over $30 Billion to U.S. Manufacturing in Major Broadcom Deal
The largest investment under Apple’s American Manufacturing Program.
Dream Finders Homes Raises All-Cash Bid for Beazer Homes to $32 Per Share
Beazer’s board previously rejected lower bids.
Chinese Tech Surge: Alibaba Leads Hang Seng Tech Rally on Accelerating Cloud Growth
Strong Cloud revenue outlook and narrower Taobao losses drove the surge, lifting the Hang Seng Tech Index 5%.
Meta Stock Climbs as Muse Image Takes On OpenAI and Midjourney
Meta unveils Muse Image, its first in-house AI image generation model, integrated into Instagram, WhatsApp, and Meta AI.