SpaceX Acquires Cursor Developer Anysphere for $60 Billion
Elon Musk’s SpaceX moves aggressively into enterprise AI with the $60 billion acquisition of Anysphere, the company behind popular coding assistant Cursor. Deal expected to close in Q3 2026.
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Stride Plunges After Losing Major Texas Virtual School Contract
Stride shares plunged after Texas' Roscoe ISD decided not to renew its contract for Lone Star Online Academy, representing ~5% of 2025 enrollment. BMO highlights retention risks.
Bernstein Flags “Bad Look” as Fiserv Appoints New CEO Just Weeks After Investor Day
Bernstein says Fiserv’s appointment of Takis Georgakopoulos as CEO has a “bad look,” coming just weeks after Investor Day while the stock is at 10-year lows.
Salesforce Acquires Fin for $3.6 Billion to Strengthen AI Customer Agents
The deal will expand its Agentforce platform with advanced AI-powered customer service agents.
Nuvei to Acquire Payoneer for $2.75 Billion in Major Cross-Border Payments Deal
The deal will create a leading global payments platform combining payment acceptance and cross-border payouts across 190+ countries.
Fox Bets Big on Streaming with $22 Billion Roku Buyout
The combination creates a major U.S. streaming and live TV platform.