Wendy’s Shares Surge as Nelson Peltz Prepares Take-Private Bid
Trian Fund Management is preparing a take-private bid for Wendy’s, potentially backed by BlueFive Capital and Flynn Group in the coming weeks.
Trian Fund Management is preparing a take-private bid for Wendy’s, potentially backed by BlueFive Capital and Flynn Group in the coming weeks.
Nokia shares climb after reports the FCC may ban new Chinese optical transceivers, positioning the company as a winner in the AI data-center buildout.
After securing Commerce Department backing, Intel upsized its share sale to $20 billion. Proceeds will support the Ohio factory and AI growth.
ACV Auctions stock soars as company considers sale or partnership; no deal is imminent, sources say.
Apollo, Blackstone, BlackRock & others team with Nvidia on a $500 billion package for AI chips, power and data centers, per FT report.
Microsoft plans to unveil its Maia 300 AI chip this fall and secure TSMC capacity for over 300,000 units in 2027 to cut Nvidia reliance.