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Meta Expands AI Cloud With $21B CoreWeave Deal

April 9, 2026 12:54 pm
Key Moments CoreWeave signed a $21 billion cloud capacity agreement with Meta Platforms that runs through December 2032. The new contract comes on top of a $14 billion deal the two companies entered into in September last year. CoreWeave disclosed plans to issue $1.25 billion in bonds and $3 billion in convertible bonds in a […] Read more

Citi Boosts Outlook on European Lenders Amid Earnings

April 9, 2026 9:47 am
Key Moments Citi reaffirmed its overweight view on European banks and upgraded Lloyds to Buy and Deutsche Bank to Neutral/High Risk. European banks have seen EPS upgrades of +3% YTD, with 79% reporting 4Q25 consensus PBT beats and constructive 2026 outlooks. Citi adjusted 2027 EPS estimates across the sector by between -2% and +7%, reflecting […] Read more

Bed Bath & Beyond Advances Shift With F9 Brands Deal

April 8, 2026 2:04 pm
Key Moments Bed Bath & Beyond Inc. (NYSE:BBBY) shares climbed 6% after the company disclosed a Letter of Intent to buy F9 Brands, Inc. The proposed deal values F9 Brands at nearly $150 million, with $37 million in cash, about 16 million BBBY shares at $7.00 per share, and a $25 million earnout tied to […] Read more

Nvidia’s $2B Bet Puts Marvell at Center of AI Strategy

April 8, 2026 12:44 pm
Key Moments NVIDIA committed $2 billion to Marvell Technology, following similar-sized investments in Lumentum and Coherent. Marvell shares jumped 13% on the announcement and added another 7.7% the next day, lifting their 2026 gain to nearly 30%. The deal deepens Marvell’s role in NVIDIA’s NVLink Fusion ecosystem and broadens collaboration into networking, optical interconnect, and […] Read more

Stellantis plans Opel EV SUV with Leapmotor tech

April 8, 2026 9:35 am
Key Moments Stellantis is in advanced talks with Leapmotor to co-develop an Opel electric SUV. Production will take place at Zaragoza, Spain. The Opel SUV will share its platform with Leapmotor’s B10 compact SUV. Stellantis targets 50,000 units per year, starting in 2028. Stellantis is exploring other joint projects with Leapmotor. These include the next […] Read more

Shell Margins Rise, Warns of Major Working Capital Drain

April 8, 2026 8:14 am
Key Moments Shell expects first-quarter 2026 working capital to fall between $10B and $15B due to extreme commodity price swings. Refining margins in the Chemicals and Products division rose to $17 per barrel from $14 in Q4 2025. Integrated Gas output is expected at 880,000–920,000 boe/d, reflecting the Middle East conflict impact on Qatari volumes. […] Read more

Intel Signs On to Musk’s Terafab AI Chip Megaproject

April 7, 2026 2:06 pm
Key Moments Intel said it would participate in Elon Musk’s Terafab AI chip complex alongside SpaceX, Tesla, and xAI. The Terafab initiative includes plans for two advanced chip plants at a large Austin, Texas facility, with one focused on vehicles and humanoid robots and the other on AI data centers in space. Intel’s shares were […] Read more

Delta Air Lines Raises Checked Baggage Fees Due to Fuel Costs

April 7, 2026 1:55 pm
Key Moments Delta Air Lines (NYSE:DAL) will raise checked baggage fees on domestic and select short-haul international routes. The move comes as airlines contend with higher jet fuel costs tied to tensions in the Middle East and disruptions in the Strait of Hormuz. Fees for first and second checked bags on new bookings will each […] Read more

Pershing Square Offers Premium Deal for Universal Music

April 7, 2026 8:46 am
Key Moments Pershing Square submitted a non-binding bid valuing Universal Music Group at €30.40 per share, a 78% premium to the current stock price. The proposal combines €5.05 per share in cash, totaling €9.4 billion, with 0.77 shares in a newly listed entity for each existing UMG share. The transaction structure aims to create a […] Read more

U.S. Insider Trades Highlight Wave of Executive Selling

April 6, 2026 1:51 pm
Key Moments Senior leaders at CoreWeave, Inc. executed insider stock sales totaling more than $146 million through Rule 10b5-1 trading plans. Astera Labs, Inc. Director Manuel Alba realized approximately $19.7 million from share sales as the stock has remained highly volatile. Apple Inc. CEO Timothy D. Cook and Micron Technology Inc. EVP April Arnzen disclosed […] Read more