ipopba/iStock via Getty Images Update 2:30pm: Adds additional reporting from Dealreporter. Hollysys Automation (NASDAQ:HOLI) rose 1% after buyer Superior Technologies Holding said it entered into a financing agreement that will help fund the $1.66 billion acquisition. Superior entered into a facility agreement and will be lent $1.055 billion to beContinue Reading
Shahid Jamil/iStock Editorial via Getty Images Apple (NASDAQ:AAPL) shares ticked up fractionally in premarket trading on Wednesday as investment firm Needham raised its price target, noting that the company is spending its capital on share buybacks instead of generative artificial intelligence infrastructure. Needham analyst Laura Martin raised her price targetContinue Reading
Maksim Labkouski/iStock via Getty Images NCR Voyix (NYSE:VYX) edged higher by 2% amid a report that it’s evaluating the sale of its digital banking business. NCR Voyix (VYX) is trying to get as much as $3 billion for the unit and has hired Goldman Sachs to solicit interest from possibleContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Olink (NASDAQ:OLK) edged higher by 0.3% amid a Nasdaq notice in regard to Thermo Fisher’s (NYSE:TMO) $3.1 billion planned takeover. The deal is scheduled to close prior to the market open on July 10, according to the Nasdaq notice on Tuesday. The stock will beContinue Reading
Maksim Labkouski/iStock via Getty Images Everbridge (NASDAQ:EVBG) edged higher by 0.8% after a Nasdaq delisting notice for its planned sale to Thomas Bravo. The deal is tentatively scheduled to close prior to the market open on Tuesday, according to the Nasdaq notice on Friday. In anticipation of the closing, theContinue Reading
solarseven/iStock via Getty Images Sprout Social (NASDAQ:SPT) was in focus on Thursday as investment firm Baird said it is seeing a “new class of investors” focusing on small-cap stocks, especially those who focus on growth at a reasonable price, or GARP. Shares rose slightly more than 3% in afternoon trading.Continue Reading
“While most of the announcements are evolutionary/movement to close adjacencies, we think the larger theme is Datadog continuing its momentum in consolidating spending for organizations with key features for observing, securing and acting upon the unique data/telemetry that Datadog can piece together in a streamlined manner,” said Raymond James analystsContinue Reading
Sitthipong Pengjan/iStock Editorial via Getty Images Capri Holdings (NYSE:CPRI) edged higher by 0.5% after an investor said he sees the potential for 70% upside for the luxury goods company even if the company doesn’t complete its planned sale to Tapestry (TPR). Maven Investment Partners’ senior portfolio manager Manuel Blanco stillContinue Reading
ozgurdonmaz Apple (NASDAQ:AAPL) was in focus on Wednesday after Rosenblatt Securities upgraded the tech giant, citing the potential benefit it may receive from its artificial intelligence initiatives. Shares rose nearly 1% in premarket trading. Apple is likely to benefit from the fact it has put an emphasis on privacy surroundingContinue Reading
BING-JHEN HONG Nvidia (NASDAQ:NVDA) was in focus on Wednesday as Citi raised its price target on the semiconductor giant, citing its plans for 2025 to build its GB200 GPUs in both the NVL36 and 76 configurations. Shares rose 2% in premarket trading. Although the major cloud service providers account forContinue Reading
