Cyclospora Outbreak Reaches Record Size as Michigan Reports First US Deaths
Yum Brands (YUM) stock drops as two Michigan deaths link to the largest US cyclospora outbreak tied to Taco Bell lettuce. Over 20,000 cases reported.
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Spider-Man: Brand New Day Fuels Record-Breaking Weekends for AMC and Cinemark
AMC and Cinemark set all-time box-office records as “Spider-Man: Brand New Day” opens to $927M globally and $355M domestically, boosting IMAX and MCS as well.
Micron Shares Drop as China’s CXMT Plans Second Beijing Chip Plant
China’s CXMT is considering a new memory-chip factory in Beijing using IPO funds, putting pressure on Micron and SK Hynix as it aims to double production capacity.
T-Mobile and Deutsche Telekom Merger Hits Roadblock Over Shareholder and U.S. Concerns
T-Mobile and Deutsche Telekom merger talks pause as non-controlling shareholders oppose the deal and U.S. regulators seek revenue guarantees.
NXP in Advanced Talks to Buy AI Chipmaker Ambarella
NXP Semiconductors is in talks to acquire Ambarella for ~$3.3B, boosting its AI camera and computer-vision chips for self-driving cars, FT says.
Bloom Energy, CoreWeave & Nebius Soar as Fund Margin Calls Ease
Bloom Energy, CoreWeave, and Nebius rebound as Microsoft’s 43% Azure growth and Mizuho/Truist Buy upgrades help ease AI fund margin-call selling pressure.