Hertz Launches Huge Digital Showroom on eBay
Hertz is selling 8,000 near-new cars on eBay with warranties and protections, shifting to direct online car sales.
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#Event-Driven Stocks↓
IREN Buys Mirantis: $625M Deal Boosts AI Infrastructure & Enterprise Support
IREN is buying Mirantis for $625M to boost its AI cloud, making services faster, easier, and more reliable for businesses.
Coinbase Announces 2026 Layoffs: 700 Employees Let Go in Major Restructuring
Coinbase is cutting 700 jobs (14%) to save money and prepare for AI. Costs $50–60M, mostly severance, done by June 2026.
Bullish Buys Equiniti for $4.2 Billion to Create the World’s First Blockchain Transfer Agent
Bullish is buying Equiniti for $4.2B to build a blockchain-based system for handling shares, payments, and tokenized assets.
Churchill Downs Stock Drops After Kentucky Derby Betting Declines
Churchill Downs stock fell as Derby betting dipped slightly, but strong weekly records and future growth expectations remain positive.
Amazon Launches Supply Chain Service – FedEx & UPS Stocks Crash
Amazon launched a service that lets companies use its delivery network for shipping, storage, and faster logistics with AI support. FedEx and UPS shares fell amid fears of new competition.