Independent thinking for complex markets and current events
The meme stock king is attempting a massive pivot, GameStop disclosed a 5% stake in eBay today, proposing an all cash and stock buyout… eBay shares surged 5.6% on the news, GameStop shares fell 4%, investors weigh the reality of a brick and mortar retailer swallowing a digital giant… Ryan Cohen’s latest gambit aims to …
IBM said it is acquiring Confluent in a deal worth $11 billion. The addition of Confluence will strengthen IBM’s artificial intelligence portfolio. IBM will pay $31 per share in cash for all of the issued and outstanding common shares of the company. IBM announced Monday that it is acquiring data streaming platform Confluent in a …
Let's break down what just happened: • X is valued at $33 billion• xAI is valued at $80 billion• Deal excludes $12 billion in X's debt The final transaction is an all-stock deal. But here's what's most surprising: pic.twitter.com/5HpcxJ14Cv — Fernando Cao (@thefernandocz) March 29, 2025 When Musk bought Twitter, everyone was confused. Why would …
Announced late today: Capital One Financial Corporation (NYSE: COF) and Discover Financial Services (NYSE: DFS) today announced that each company intends to hold a special meeting of stockholders on February 18, 2025 for the companies’ respective common stockholders to consider and vote on Capital One’s acquisition of Discover and related matters. It seems like the incoming …
Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday, citing people familiar with the matter. The people familiar told the Journal that a deal could come soon. If completed, the deal would be Google’s largest ever acquisition. Google is in advanced talks to acquire cybersecurity …
And we have more on the Change hack today, with @moetkacik delving into the history of UnitedHealth's monopolization of key pieces of medical infrastructure, & how that by itself badly damaged health care in America:https://t.co/JBKlGE1ZMB — David Dayen (@ddayen) March 11, 2024 Last Thursday, the medical colossus UnitedHealthcare applied for an emergency exemption that would …
Spirit Airlines' shares experienced a 47% plunge in New York, following a 61% drop, marking the largest intraday decline since the stock's trading debut Read more: https://t.co/aBosUi5MTv — unusual_whales (@unusual_whales) January 16, 2024 JetBlue-Spirit Airlines merger blocked by judge over fears it would hurt competition A federal judge on Tuesday sided with the Biden administration …
New York CNN — Bipartisan opposition is growing to the proposed $14.1 billion acquisition of US Steel by Japan’s largest steelmaker, but that is unlikely to be enough to block the purchase, according to an expert in foreign investment deals. A trio of Republican senators Tuesday called for a panel of US officials to block …
Since Elon Musk Bought 𝕏: -SEC sues Musk over the purchase -FTC demands internal 𝕏 documents-Biden DOJ sues SpaceX for not hiring refugees for secret rocket technology-Biden DOJ and SEC open investigations against Tesla over a literal glass house-Biden DOJ opens criminal… pic.twitter.com/L6va2tmdka — End Wokeness (@EndWokeness) December 6, 2023