SoftBank and Arm Tried to Buy Cerebras Weeks Before $34 Billion IPO
Cerebras is going public at up to $34B despite takeover offer from Arm/SoftBank, boosted by big AI chip deals with OpenAI and AWS.
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#News-Driven Stocks↓
More Activists Rush Into HPE: Elliott’s Pressure Sparks Fresh Investor Battle
HPE is rising as activists invest, push changes, and profits improve after buying Juniper Networks, boosting its stock sharply.
Brown-Forman Rejects $15 Billion Takeover Bid from Sazerac
The rejection follows Brown-Forman ending merger talks with the French spirits maker Pernod Ricard late last month.
Tesla’s Texas Robotaxi Expansion Is Still in Beta Hell, Says Reuters
Reuters says Tesla robotaxis in Texas are still rough: long waits, few cars, bad drop-offs, and mostly still in beta.
Nelson Peltz Is Trying to Buy Wendy’s and Take It Private
Nelson Peltz is exploring buying Wendy’s to take it private as its stock has fallen sharply, but no deal is confirmed yet.
SoFi Swallows British Fintech Star PrimaryBid
SoFi is buying UK fintech PrimaryBid, which helped retail investors join IPOs, as UK market slows and US grows.