Starboard Value Takes Big Stake in Flowserve and Pushes for Higher Profits
Starboard buys big stake in Flowserve, pushes for higher profits as AI boosts power demand; stock rises on growth hopes.
Starboard buys big stake in Flowserve, pushes for higher profits as AI boosts power demand; stock rises on growth hopes.
OpenAI is developing an AI-first smartphone with MediaTek, Qualcomm, and Luxshare. The device will replace apps with a smart assistant that handles tasks automatically.
iHeartMedia and SiriusXM may merge to compete with streaming apps, creating a huge audio company.
PagerDuty stock jumped as Goldman Sachs raised its stake, sparking rumors that activist investors may push for big changes or a sale.
Activist investor pushes Voya to sell itself or weak health unit after losses, despite its $1.1T in assets and flat stock.
SMCI fell after Oracle canceled big Nvidia server orders, causing ~$1B+ loss. Legal issues and unsold chips add pressure.