CoreWeave Lands $21 Billion Mega-Deal with Meta to Power AI Until 2032
CoreWeave expands $21B deal with Meta for AI cloud power, adds NVIDIA chips, raises funds via bonds to fuel growth.
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#Event-Driven Stocks↓
Ares Buys Whitestone REIT for $1.7 Billion – Shareholders Get $19 Per Share
Whitestone REIT is being bought by Ares for $1.7B, $19/share, a 26% premium; will go private after Q3 2026 deal closes.
Chegg Stock Jumps After Activist Investor Galloway Capital Reveals 5.44% Stake
Chegg jumps after Galloway Capital buys 5.4% stake, saying stock is undervalued and has strong growth potential.
Meta Just Launched Muse Spark – Its New AI to Take On ChatGPT
Meta launched Muse Spark, a fast new AI for its apps. It’s free for now, supports chat and shopping, but still trails top AI rivals.
Uber Ditches Oracle & Google to Use Amazon’s Custom AI Chips
Uber is increasing its use of AWS cloud services, expanding with Amazon’s Graviton processors and testing Trainium3 AI chips. A major shift from Oracle and Google Cloud.
Bed Bath & Beyond Buys Lumber Liquidators & Cabinets To Go in $150 Million Deal
Bed Bath & Beyond is buying F9 Brands to offer cabinets, flooring & more, making home projects easier with one-stop shopping.