May 14, 2026 8:07 am
Key Moments BlackRock’s GIP, Temasek, L’IMAD, and ADNOC unveiled an infrastructure partnership targeting $30 billion in investments across the Gulf and Central Asia. The new platform intends to deploy both equity and debt into greenfield and brownfield infrastructure across energy, transportation, and logistics. A $15 billion investment pipeline in Abu Dhabi was announced in the […]
Read moreMay 14, 2026 7:28 am
Key Moments GameStop CEO Ryan Cohen reiterated his intention to pursue a hostile takeover of eBay (NASDAQ:EBAY) after the company rejected his $125-per-share bid. GameStop has built a 5% stake in eBay, positioning itself to take its offer directly to shareholders after eBay’s board refused a meeting. eBay dismissed the half-cash, half-stock proposal as “neither […]
Read moreMay 13, 2026 2:33 pm
Key Moments Arrow Electronics Inc (NYSE:ARW) shares advanced 3.2% after a new $1 billion share repurchase program was announced. The newly approved buyback authorization is set to replace the existing program effective May 12, 2026. BofA Securities upgraded Arrow Electronics from Underperform to Neutral and more than doubled its price target to $233. Share Buyback […]
Read moreMay 13, 2026 1:32 pm
Key Moments Wendy’s shares surged after reports that Nelson Peltz’s Trian Fund Management is exploring a potential take-private deal. Trian has reportedly discussed financing options with outside investors, including groups in the Middle East. Despite recent operational struggles, some investors see a possible buyout premium creating an attractive arbitrage setup. Buyout Speculation Reignites Interest in […]
Read moreMay 13, 2026 12:44 pm
Key Moments Wolfspeed Inc. (NYSE:WOLF) shares jumped 20% Wednesday morning, building on a seven-session winning streak. The move followed a Tuesday report from research firm Citrini, which named Wolfspeed its “single-stock highlight” in AI infrastructure. The company previously entered bankruptcy protection under a creditor-backed restructuring that cut its debt by $4.6 billion. Market Reaction to […]
Read moreMay 13, 2026 8:41 am
Key Moments Nvidia (NASDAQ:NVDA) shares climbed 2.4% in premarket trading by 04:30 ET after President Trump confirmed CEO Jensen Huang was traveling with him to China. Trump said Huang and other major U.S. executives, including Elon Musk and Tim Cook, would attend meetings with Chinese President Xi Jinping in Beijing. The Trump-Xi summit, set for […]
Read moreMay 12, 2026 2:08 pm
Key Moments Affirm Holdings (NASDAQ:AFRM) shares increased 2% after announcing a broader integration with Google. Affirm’s buy now, pay later option is being embedded into Google Search, including AI Mode, and the Gemini app via Google Pay. The rollout is scheduled to start in the coming weeks, with each transaction assessed individually and terms shown […]
Read moreMay 12, 2026 1:09 pm
Key Moments Bank of America reports total card spending per household increased 4.8% year-over-year in April and 0.6% month-over-month on a seasonally adjusted basis. Category performance was uneven, with higher gas spending and solid online retail offset by declines at department stores, home improvement chains, airlines, and clothing retailers. Bank of America estimates a roughly […]
Read moreMay 12, 2026 12:57 pm
Key Moments Marc Lichtenfeld is using current market strength to exit three names where fundamentals, sentiment, and positioning no longer align. DexCom faces slowing growth, increased competition, and unusually bullish analyst sentiment despite a multi-year share price decline. Oracle’s aggressive AI and data center buildout is paired with sizable off-balance-sheet commitments and negative projected free […]
Read moreMay 12, 2026 11:07 am
Key Moments Starbucks disclosed in a WARN filing that it will cut 61 corporate technology roles at its Seattle headquarters. The filing stated that the layoffs are unrelated to any relocation and are expected to occur between June 20, 2026 and August 28, 2026. The technology cuts come as Starbucks continues a broader turnaround strategy […]
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