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Yum China Buys Pizza Hut Brand In China
2026 Jun 16, 12:38pm | 535Read More...Yum China Holdings Inc. (NYSE:YUMC) said Tuesday it has agreed to acquire ownership of the Pizza Hut brand in Mainland China from Yum! Brands Inc. (NYSE:YUM) for $1.2 billion in cash. Acquisition Ends Pizza Hut Royalty Payments Once the deal closes, expected in the third quarter of 2026, Pizza Hut...
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Netflix Flexes 'M&A Muscle' As Bidding Contests Spook Wall Street
2026 Jun 16, 12:36pm | 769Read More...Netflix Inc (NASDAQ:NFLX) traded lower Tuesday as investors weighed its failed pursuit of Roku, Inc (NASDAQ:ROKU) and its continued technical weakness. Netflix Deal Activity Draws Scrutiny The Hollywood production studio saw its shares fall almost 4%. The dip occurred after Semafor reported that...
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Adaptive Biotechnologies Stock Rises On Plan To Split MRD, Immune Medicine Businesses
2026 Jun 16, 10:42am | 637Read More...Adaptive Biotechnologies Corporation (NASDAQ:ADPT) shares are trading higher during Tuesday’s session as the company has announced plans to separate its Minimal Residual Disease (MRD) and Immune Medicine businesses. The decision announced on Monday comes after both segments have shown...
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Why Huntsman Stock Is Sliding After Its Big Olin Merger Deal
2026 Jun 16, 10:18am | 616Read More...Huntsman Corporation (NYSE:HUN) shares traded lower on Tuesday after the company announced an all-stock merger-of-equals with Olin Corporation (NYSE:OLN). The combined business, OlinHuntsman Corp., will have about $12.5 billion in combined revenue and over $400 million in identified benefits....
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Yum! Brands Is Selling One Of America's Most Iconic Pizza Chains For $2.3 Billion— Here's What To Know
2026 Jun 16, 9:09am | 760Read More...On Tuesday, Yum Brands Inc. (NYSE:YUM) confirmed the sale of its subsidiary, Pizza Hut, to private equity firm LongRange Capital for nearly $1.5 billion. The Mainland China operations of Pizza Hut will be taken over by Yum China Holdings, Inc. (NYSE:YUMC) for nearly $1.2 billion. The...
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SpaceX To Buy AI Coding Startup Cursor
2026 Jun 16, 9:00am | 473Read More...Space Exploration Technologies Corp. (NASDAQ:SPCX) has agreed to acquire AI coding startup Anysphere Inc. (“Cursor”), in an all-stock deal valued at an implied equity value of $60 billion, according to a Form 8-K filed Tuesday. SpaceX To Acquire Cursor On June 16, 2026, SpaceX, its...
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AMD's Latest Acquisition Tackles One Of AI's Biggest Bottlenecks
2026 Jun 16, 5:44am | 606Read More...Advanced Micro Devices Inc. (NASDAQ:AMD) stock edged higher in Tuesday’s premarket trading, extending the previous session’s gains after the chipmaker announced its acquisition of memory optimization technology company MEXT. The stock remained near record highs after rallying 6.98% on...
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Qualcomm's CEO Reveals 40+ AI Devices For A Post-App Future — Stock Gains 4% As $10 Billion Tenstorrent Deal Rumours Swirl
2026 Jun 16, 5:12am | 775Read More...Qualcomm Inc. (NASDAQ:QCOM) CEO Cristiano Amon said the company is developing more than 40 new AI-powered devices, betting that consumers will increasingly adopt smaller, personalized AI hardware. In an interview on CNBC's "The Tech Download" podcast on Monday, Amon discussed the changing role...
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Alibaba Reportedly Eyeing A Super-Sized Bid For Pupu Following Meituan's Dingdong Deal
2026 Jun 15, 8:29pm | 1375Read More...Alibaba is reportedly offering $1.5 billion for regional online grocer Pupu, more than double the $600 million offered by a previous bidder image credit: Bamboo Works Key Takeaways: Alibaba is reportedly bidding $1.5 billion for Pupu, the dominant online grocer in South China's affluent Fujian...
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Why Is Payoneer Global Stock Gaining Monday?
2026 Jun 15, 1:47pm | 464Read More...Nuvei and Payoneer Global Inc. (NASDAQ:PAYO) announced Monday they have entered into a definitive agreement under which Nuvei will acquire Payoneer in an all-cash transaction valued at approximately $2.75 billion. Following the announcement, the PAYO stock gained over 4%. Nuvei To Acquire Payoneer...
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Salesforce Puts Money Where Their Mouth Is - Acquires AI Agent Firm For $3.6 Billion
2026 Jun 15, 1:33pm | 767Read More...Salesforce, Inc. (NYSE:CRM) shares are trading higher on Monday as the company is expanding its portfolio with an acquisition. This move comes during a strong day for the broader market, with the S&P 500 gaining 1.8% and the Technology sector leading the way with a 3.6% increase. Acquire Fin To...
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Roku Is Worth More As A Takeover Target — Here Are The Companies That Might Buy It
2026 Jun 15, 1:07pm | 754Read More...Shares of Roku Inc (NASDAQ:ROKU) came under pressure in early trading on Monday, after surging on Friday on reports of a potential sale. The company is more valuable than what its fundamental analysis suggests, as a large tech, media, or advertising company could create more value by using its...
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Roku For Sale? JPMorgan Sees Comcast As The Most Logical Buyer
2026 Jun 15, 11:41am | 682Read More...Roku Inc. (NASDAQ:ROKU) shares surged Friday after a report suggested the streaming platform is exploring a potential sale. Now, JPMorgan believes one name stands out from a crowded field of possible buyers. In a note following the report, analyst Cory Carpenter said Roku’s combination of TV...
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Fox Bets $22 Billion On Roku In Streaming Power Grab
2026 Jun 15, 8:01am | 748Read More...Fox Corporation (NASDAQ:FOXA) (NASDAQ:FOX) on Monday agreed to acquire Roku Inc. (NASDAQ:ROKU) in a cash-and-stock transaction valued at approximately $22 billion in enterprise value. Following the announcement, the stock plummeted nearly 10%. The move is designed to expand Fox's presence in...
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Paramount Wins Key DOJ Approval For $110 Billion Warner Bros. Discovery Deal As Regulators Signal No Major Antitrust Concerns
2026 Jun 12, 10:22pm | 665Read More...Paramount Skydance (NASDAQ:PSKY) has cleared a major regulatory hurdle in its proposed $110 billion acquisition of Warner Bros. Discovery, Inc. (NASDAQ:WBD) after the U.S. Department of Justice concluded that the transaction is unlikely to harm competition or consumers. DOJ Clears Paramount-Warner...
















