In a letter, Elliott said that they see a path for the stock to hit $56 per share, a roughly 159% increase from its current price.
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Netflix retains the ability to match any Paramount offer moving forward, and WBD shareholders won’t vote on either bid until April.
Smithfield Foods announced plans to build a “new state-of-the-art” $1.3 billion processing facility in Sioux Falls, South Dakota.
Deep Fission wants to bury a small modular reactor a mile underground and scored $80 million in financing to help it get there.
According to Kelly Blue Book figures, US electric vehicle sales fell 36% to 234,171 units in the fourth quarter of 2025.
All of the major players are vying for a major share of a ridehailing market estimated at $43 billion in the US and $150 billion worldwide.
The good times may not last as the dynamic between AI firms and utility companies draws bipartisan scrutiny.
In December, DraftKings launched a predictions market platform of its own, turning the disruptors like Kalshi into direct competitors.
Shares of Barbie-maker Mattel plunged 25% on Wednesday following a massively disappointing after-the-bell earnings call the day before.
Marriott’s fourth-quarter earnings report shows that well-heeled travellers are still shelling out for top-tier accommodations.
Novo’s Copenhagen-listed shares rose 5.2% on Monday. New York-listed shares in Hims & Hers, meanwhile, shed an Ozempic-like 16% in volume.
Volume growth has flattened out, and even turned negative, in major markets in recent quarters, suggesting a consumer pullback.
Earlier this month, Spotify’s monthly Premium subscription fee for US users went up $1 to $12.99 per month.
Has the dawn of the nuclear fusion age arrived? One developer of the powerful energy-generating tech says it will be available in 10 years.
UK oil major Shell posted its weakest quarterly profit in nearly half a decade on Thursday, sending its New York-listed shares down 5.3%.