In a strategic pivot that stunned the market, Texas Instruments announced a definitive agreement to acquire Silicon Labs for $7.5 billion, aiming to dominate the rapidly expanding Internet of Things connectivity space.
Eikon Therapeutics, a biotech firm founded by Nobel laureate Eric Betzig, raised $381.2 million in its Nasdaq debut, pricing shares at $18. The offering signals renewed investor confidence in the biotech IPO market after a prolonged slowdown.
Lucky Strike Entertainment (LUCK) reported modest Q2 growth, driven by a stabilizing events business and strategic marketing. The company is pivoting to balance sales growth with profitability, pinning significant hopes on newly acquired water parks for a seasonal earnings boost later this year.
Qualcomm reported record fiscal first-quarter revenue of $12.3 billion, driven by flagship smartphone demand and growth in automotive and IoT. However, the company cautioned that near-term handset results face headwinds from an industry-wide DRAM shortage, as memory suppliers prioritize AI data centers.
Powell Industries kicks off fiscal 2026 with robust revenue growth and a historic $1.6 billion order backlog, fueled by mega-projects in LNG and data centers, signaling strong momentum in North America's energy and digital infrastructure build-out.
Despite a 5.7% year-over-year revenue decline in Q4 2025, Old Dominion Freight Line maintains its premium service edge and cost discipline. Executives signal cautious optimism for a demand rebound in 2026, pointing to improving shipment weights and controlled investments.
NETGEAR (NTGR) reported its first year of revenue growth in five years for fiscal 2025, driven by a strategic pivot to higher-margin enterprise solutions and subscription services. The company achieved record gross margins and returned to full-year non-GAAP profitability, even as its consumer segment faced headwinds.
Oaktree Specialty Lending (OCSL) reported stable earnings for its fiscal first quarter, with adjusted net investment income rising to $0.41 per share. Management highlighted disciplined capital deployment, a focus on reducing non-accruals, and detailed the firm's evolving approach to underwriting software and AI-related risks in a bifurcated market.
A recent 20% surge in Coast Entertainment Holdings' share price offers a glimmer of hope, but fails to erase three years of painful declines for investors. As the company's revenue grows, the market questions when—or if—profits will follow.
As Chipotle Mexican Grill navigates a post-2025 landscape, its robust brand and expansion plans face a near-term reality check. The coming year's stock performance hinges on two critical, interlinked challenges: reviving customer visit frequency and defending profitability amid cost pressures.
Shares of the office-focused REIT surged nearly 12% after reporting better-than-expected Q4 results and providing optimistic full-year guidance, contrasting with broader market weakness.
A key fair value estimate for advertising technology firm The Trade Desk has been revised downward, reflecting a more cautious stance from Wall Street on the company's future growth trajectory amid a shifting digital ad landscape.
In a shift from his December stance, President Trump now says the Justice Department should handle the $82.7 billion acquisition, distancing himself from the high-stakes media merger.
A breakdown of Alicanto Minerals' (ASX:AQI) share register reveals a company largely driven by its retail shareholder base, while insiders maintain a significant 17% stake, raising questions about alignment and future direction.
Prediction market Polymarket now assigns a 71% chance that Bitcoin will touch $70,000 this month, as prices falter and ETF outflows mount, reflecting a sharp shift in trader sentiment from exuberance to caution.
Former President Donald Trump confirms contact from both Netflix and Paramount Skydance regarding the Warner Bros. Discovery acquisition struggle, but states he will not involve himself in the regulatory process.
OpenAI CEO Sam Altman launched a lengthy social media critique against rival Anthropic's Super Bowl commercials, accusing the company of dishonesty and authoritarianism in a heated exchange that lays bare the growing tensions in the AI industry's battle for users and ethics.
A Scottsdale woman is recovering from multiple stab wounds after an alleged assault by her 24-year-old daughter, who was found nude at the scene. The suspect faces charges including attempted murder.
Craig Scanlon, 68, was arrested by U.S. Marshals at a Miami Beach hotel where he worked as a personal trainer, ending an 18-year flight from justice for a 2001 embezzlement and fraud conviction.
Paul Knight, 36, will serve a minimum of 17 years for the murder of his wife, Isobella, while their two young daughters slept upstairs. The court heard the attack was triggered by a drug-induced rage.
