iHeartMedia and SiriusXM in Talks for Massive Radio Merger
iHeartMedia and SiriusXM may merge to compete with streaming apps, creating a huge audio company.
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#News-Driven Stocks↓
PagerDuty Stock Surges as Goldman Sachs Reveals 5.1% Stake – Activist Takeover Buzz Ignites
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 Its $1.1 Trillion Empire
Activist investor pushes Voya to sell itself or weak health unit after losses, despite its $1.1T in assets and flat stock.
Super Micro Stock Plunges as Oracle Scraps $1.1B–$1.4B Rack Contract
SMCI fell after Oracle canceled big Nvidia server orders, causing ~$1B+ loss. Legal issues and unsold chips add pressure.
JPMorgan Slams Avis Short Squeeze: Is a Massive Share Offering Coming?
JPMorgan cut Avis rating; stock fell 38% after a short squeeze. Valuation seen too high, possible share sale may cool rally.
Poet Technologies Surges as CFO Confirms Marvell Order & Blasts Short Sellers as “Maggots”
POET stock jumped about 25% to $12.80 after news it supplies Marvell. It has more than doubled in 9 trading days.