The San Francisco footwear company said it plans to move into AI compute infrastructure, acquire GPUs and rebrand as NewBird AI. Reuters reported the stock was last up 435% at $13.33 after the announcement. Allbirds shares surged on Wednesday after […]
Allbirds shares jump 435% after company announces $50 million financing and AI pivot Read More »
The aviation industry is buzzing following reports that a United American Airlines merger was reportedly pitched to President Donald Trump during a White House meeting on February 25, 2026. United Airlines CEO Scott Kirby allegedly floated the idea of combining
United Airlines Considering Merger With American Airlines Read More »
The Oracle Bloom Energy partnership reached a historic turning point on April 13, 2026, as the two companies announced a massive expansion of their strategic alliance. Under a new master services agreement, Oracle intends to procure up to 2.8 gigawatts
Oracle expands Bloom Energy deal days after receiving a stock warrant Read More »
The JPMorgan Q1 2026 earnings report has set a high bar for the global banking sector. On April 14, 2026, the financial titan reported a net income of $16.5 billion—a 13% increase year-over-year—defying market expectations of a slowdown. With diluted
JPM stock update: JPMorgan Profits rise 13% Read More »
The Amazon Globalstar acquisition has officially redefined the race for space-based internet. In a definitive move to challenge terrestrial dominance, Amazon has entered into a $10.8 billion agreement to acquire Globalstar, integrating its massive spectrum portfolio into the rapidly expanding
Amazon To acquire Globalstar and expand Amazon Leo satellite network Read More »
7-Eleven store closures are set to dominate the retail news cycle as the world’s largest convenience chain accelerates its massive portfolio restructuring. Seven & i Holdings, the Japanese parent company, has officially confirmed that 7-Eleven store closures will impact 645
7-Eleven to close 600 stores Read More »
General Motors Stock Co. shares were trading at $72.54 on April 6 giving the company a market value of about $58.0 billion and a trailing price-to-earnings ratio of 19.06, according to market data. GM’s latest earnings release, issued on January
Neurocrine Biosciences said it has agreed to buy Soleno Therapeutics for $53 per share in cash, a transaction that would add Soleno’s VYKAT XR to Neurocrine’s endocrinology and rare-disease portfolio. The companies said both boards approved the deal on April
Neurocrine to acquire Soleno in $2.9 billion all-cash deal Read More »
Sysco on March 30, 2026, announced a definitive agreement to acquire Jetro Restaurant Depot, the operator of the Restaurant Depot cash-and-carry wholesale chain, in a transaction valued at about $29.1 billion. The companies said the deal was approved by both
Sysco to Acquire Jetro Restaurant Depot in $29.1 Billion Cash-and-Stock Deal Read More »
AAA says the national average for regular gasoline reached $3.98 a gallon on March 26, up $1 from a month earlier. Cox Automotive says higher fuel costs can increase consideration of electric vehicles among shoppers weighing total ownership costs. Rising
Rising Gas Prices Put Electric Vehicles Back in Focus Read More »
