Barry Diller’s People Inc. Prepares $18 Billion Takeover Bid for MGM Resorts
People Inc. may buy the rest of MGM for $48.30/share, valuing it at $18B+, but the deal is not final yet.
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#News-Driven Stocks↓
Yum! Brands in Exclusive Talks to Sell Pizza Hut to LongRange Capital
Yum! Brands may sell Pizza Hut to LongRange Capital as sales fall and stores close; deal still not finalized.
iHeartMedia Stock Crashes After SiriusXM Merger Talks Collapse
iHeartMedia shares plunged after SiriusXM merger talks suddenly stalled, says NYT DealBook.
Super Micro Stock Soars on Heavy Call Buying as Taiwan Collaboration Stops Server Smuggling to China
Super Micro stock jumps on strong buying as traders bet higher. Company works with Taiwan to stop illegal chip shipments to China.
IBM Pours $10 Billion to Chase the Holy Grail of Quantum Computing
IBM is investing $10B in quantum computing to build powerful new computers by 2029 that could solve complex real-world problems.
American Drone Stocks Skyrocket on Government Funding Talks While DJI Battles US Ban
US drone stocks jump as government eyes funding, while US pushes local production and aims for 300K drones by 2027. Meanwhile, China’s DJI releases independent security report to challenge FCC ban.