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Comcast to split cable business from media through NBCUniversal, Sky spinoff
Reuters67d agoneutral
Comcast to split cable business from media through NBCUniversal, Sky spinoff

Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its ‌cash-generating broadband arm from a media and entertainment business ‌under pressure from streaming rivals and industry consolidation. The latest U.S. media industry shake-up follows years of cord-cutting as legacy players chase scale to better compete with Netflix while Paramount Skydance's $110 billion deal for Warner Bros Discovery is ‌set to boost competition. Comcast, ⁠which leans on cable for much of its cash flow, is also losing broadband customers to fixed wireless ⁠offerings from T-Mobile and Verizon and to fiber rivals building out networks.

Danaher (DHR) Completes $9.9B Acquisition of Masimo Corporation
Insider Monkey67d agoneutral
Danaher (DHR) Completes $9.9B Acquisition of Masimo Corporation

Danaher Corporation (NYSE:DHR) is one of the best long term stocks to buy according to hedge funds. On June 10, Danaher completed its acquisition of Masimo Corporation, a specialist in pulse oximetry and patient monitoring solutions. Masimo will now function as a standalone operating company within Danaher’s Diagnostics segment, retaining its original brand identity while […]

Veeva Systems Inc. (VEEV) Acquires Copli and Launches Veeva Falcon MLR
Insider Monkey68d agoneutral
Veeva Systems Inc. (VEEV) Acquires Copli and Launches Veeva Falcon MLR

Veeva Systems Inc. (NYSE:VEEV) is one of the 10 Best AI-Powered Healthcare Stocks to Buy According to Hedge Funds. On June 23, Veeva Systems Inc. (NYSE:VEEV) announced that it acquired Copli and launched Veeva Falcon MLR. It made the agentic medical, legal, and regulatory content-review platform available immediately. The firm said Veeva Falcon MLR automates […]

TeraWulf (WULF) Acquires Kentucky Data Campus To Expand AI And HPC Footprint
Simply Wall St.68d agoneutral
TeraWulf (WULF) Acquires Kentucky Data Campus To Expand AI And HPC Footprint

TeraWulf (NasdaqCM:WULF) has acquired the Muskie Data Campus in Kentucky to expand its hyperscale digital infrastructure footprint. The new site is intended to support high performance computing and AI focused operations as part of the company’s broader data center build out. The move adds a new geographic location to TeraWulf’s portfolio at a time when interest in AI related compute capacity remains elevated. TeraWulf is drawing fresh attention with the Muskie Data Campus acquisition as...

Broadcom Inc. (AVGO) is Avoiding Acquisitions in Favor of AI Organic Development
Insider Monkey68d agoneutral
Broadcom Inc. (AVGO) is Avoiding Acquisitions in Favor of AI Organic Development

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 Best Semiconductor Stocks to Buy According to Billionaires. since Chief Executive Officer Hock Tan stated that accelerating artificial intelligence growth is a stronger driver of returns. Tan said at the Bloomberg Tech conference that “artificial intelligence revenue is surging” and that “what can I buy that would […]

A Newsletter Touted Comcast Corp. (CMCSA) As A SpaceX IPO Beneficiary
Insider Monkey68d agoneutral
A Newsletter Touted Comcast Corp. (CMCSA) As A SpaceX IPO Beneficiary

Comcast Corp. (NASDAQ:CMCSA) is one of the Top 13 Stocks That Will Skyrocket. Mark Skousen’s Skousen Report discussed this stock as part of a play ahead of the SpaceX IPO. The rocket company’s Starlink internet service factored into the coverage as Skousen wrote that the firm “has locked in a deal to distribute Starlink’s managed […]

Sterling Infrastructure (STRL) Finalizes Acquisition of Stone Ridge Contracting to Expand Infrastructure Capabilities
Insider Monkey68d agoneutral
Sterling Infrastructure (STRL) Finalizes Acquisition of Stone Ridge Contracting to Expand Infrastructure Capabilities

Sterling Infrastructure Inc. (NASDAQ:STRL) is one of the high growth NASDAQ stocks to buy now. On June 9, Sterling Infrastructure finalized the acquisition of Stone Ridge Contracting, LLC, a site development contractor based in Pocatello, Idaho. Stone Ridge will be integrated into Sterling’s E-Infrastructure Solutions segment, enhancing the company’s capabilities in heavy civil, concrete, and […]

Ryan Cohen passes on GameStop payday to keep pushing one acquisition
TheStreet68d agoneutral
Ryan Cohen passes on GameStop payday to keep pushing one acquisition

GameStop (GME) tried to buy eBay once already, and the answer was no. That rejection would have ended most takeover attempts. Cohen is not backing down. Instead, GameStop spent the following weeks building a bigger position and a stronger balance sheet, the opposite of what a retreat looks like. In ...

Microsoft (MSFT)-Backed OpenAI May Wait Until 2027 for IPO
Insider Monkey69d agoneutral
Microsoft (MSFT)-Backed OpenAI May Wait Until 2027 for IPO

Microsoft Corporation (NASDAQ:MSFT) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years. On June 26, 2026, Microsoft Corporation (NASDAQ:MSFT)-backed OpenAI is leaning toward waiting until next year for its public listing, the New York Times’ Rob Copeland and Mike Isaac reported, citing three people involved in the company’s […]

Lime, Backed by Uber (UBER), Seeking Valuation of Up to $1.66 Billion in U.S. IPO
Insider Monkey69d agoneutral
Lime, Backed by Uber (UBER), Seeking Valuation of Up to $1.66 Billion in U.S. IPO

Uber Technologies, Inc. (NYSE:UBER) is one of the safe stocks for beginners to buy in 2026. Reuters reported on June 22 that Lime, backed by Uber Technologies, Inc. (NYSE:UBER), is seeking a valuation of up to $1.66 billion in its U.S. IPO as it looks to capitalize ‌on improving investor appetite for new listings. It […]

The $2 Trillion Question Nobody’s Asking About the SpaceX IPO
InvestorPlace69d agoneutral
The $2 Trillion Question Nobody’s Asking About the SpaceX IPO

The long IPO winter is finally thawing. And right now, there’s one question on every investor’s tongue as a new wave of trillion-dollar tech IPOs hits the public markets. Is this the next blockbuster IPO – or a pure meme stock? Two weeks ago, Elon Musk had investors frantically debating the answer to that question when his aerospace juggernaut, SpaceX, finally IPO’d 24 years after its founding.InvestorPlace - Stock Market News, Stock Advice & Trading Tips You probably know the headlines already

Bloomberg69d agoneutral
AI’s Energy Crunch Has Investors Searching for Next IPO Winners

(Bloomberg) -- The artificial intelligence boom has a power problem, and Wall Street is betting billions on companies that promise to solve it — even if some of the technology hasn’t been fully developed yet. Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansOman Tells Allies Ships Going Through Hormuz May Have to PayApple Shares Sink After Price Hikes Hit iPads and MacsAn Analyst’s Missed Rema