Alcoa to Acquire South32’s Aluminum Assets in $5.6 Billion Deal
The deal boosts Alcoa’s production by over 50% and delivers $900M in synergies.
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#Event-Driven Stocks↓
NIO and XPeng Surge to New 2026 Highs as Li Auto Posts Second Straight Monthly Decline
China’s top EV makers delivered mixed results in June 2026. NIO and XPeng achieved strong year-over-year growth, while Li Auto saw sales drop for the second straight month.
Kroger Strikes $1.65 Billion Deal for Giant Eagle After Albertsons Setback
The deal expands Kroger’s Midwest presence and is expected to close in 2027.
Swedish Court Orders Google to Pay Klarna $1.97 Billion in Antitrust Victory
The ruling highlights unfair search practices that harmed competitors and raised consumer prices.
Oklo’s Groves Reactor Passes Key Safety Milestone, Set for July Startup
Oklo’s Groves isotope test reactor in Texas has cleared its final DOE safety review. The company targets first criticality later this month, advancing domestic radioisotope production.
Getty Images Scraps Shutterstock Merger Over UK Regulatory Demands
The long-awaited Getty Images–Shutterstock merger has collapsed after UK regulators required Shutterstock to divest its editorial unit.