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.
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#Event-Driven Stocks↓
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.
Patrick Industries and LCI Industries Call Off Merger Talks
Patrick Industries and LCI ended merger talks. They couldn't agree on key terms and will stay independent and keep current plans.
Amex Global Business Travel Sold to Long Lake
Long Lake is buying Amex GBT for $6.3B, boosting travel with AI. Shareholders get a big premium; brand stays unchanged.
GameStop’s $56 Billion Bombshell: Ryan Cohen Proposes to Buy eBay at $125 Per Share
Ryan Cohen promises $2B in cost cuts and huge growth.