How Nvidia Turned a Steal of a Deal Into Its Secret Weapon
Nvidia leveraged its 2020 $7 billion acquisition of Mellanox to transform its networking business into a major growth engine. In the most recent fiscal quarter the company reported $11 billion in networking revenue, a 263 % increase year‑over‑year, positioning it as the world’s largest networking firm according to CEO Jensen Huang. The surge helped Nvidia exceed sales expectations and diversify beyond GPUs, reinforcing its competitive moat against other chipmakers. The networking segment now underpins much of Nvidia’s data‑center strategy and AI workload expansion.
Steve Madden Won’t Give Profit Guidance as Planned Due to Supreme Court Tariff Ruling
Steve Madden announced it will not issue profit guidance for 2026 after the U.S. Supreme Court invalidated President Trump’s emergency‑powers tariffs. The ruling introduced significant uncertainty around trade costs, prompting CEO Edward Rosenfeld to postpone the company’s full financial forecast....
Spirit Airlines Is Betting on This Air-Travel Trend as It Prepares to Emerge From Bankruptcy
Spirit Airlines announced a deal with creditors that will allow it to exit Chapter 11 bankruptcy by late spring or early summer 2026. The restructuring will shrink the carrier’s balance sheet, cutting debt from $7.4 billion to about $2.1 billion, and will trim...
Uber’s Latest Effort to Become a Super App Is All About Parking
Uber announced it will acquire parking‑reservation platform SpotHero, integrating spot‑booking directly into the Uber app. The transaction, expected to close in the first half of 2026, does not disclose financial terms. SpotHero operates in over 400 U.S. and Canadian cities,...
Gilead Shows Belief in Its Partner’s Cancer Treatment with $7.8 Billion Buyout
Gilead Sciences agreed to acquire the remaining shares of Arcellx for an equity value of $7.8 billion, paying $115 per share—a 79.4% premium to the prior close. The deal secures full rights to Arcellx’s BCMA‑directed CAR‑T therapy anito‑cel, which is in...
How You Can Take Advantage of Two Stock-Market Trends
The equal‑weighted S&P 500 has outperformed the cap‑weighted benchmark in 2026, breaking a decades‑long pattern of concentration in mega‑cap tech names that now comprise 19.4% of the SPDR S&P 500 ETF. Meanwhile, MSCI World ex‑USA and Emerging Markets indexes have posted double‑digit...
You Can Invest in SpaceX Before Its IPO — but Should You?
Investors can now gain exposure to SpaceX through private secondary markets, specialty ETFs and pooled funds, sidestepping the wait for a public listing. The rocket company is valued at roughly $1.25 trillion, making it one of the most coveted private assets....
General Mills Cut Its Sales Outlook to Mark the Fifth Birthday of Its ‘Growth’ Strategy
General Mills announced a lower full‑year profit and sales outlook, marking the fifth anniversary of its "growth" strategy. The company cited a slower‑than‑expected consumer recovery and higher input costs as primary drivers. The revised guidance prompted an immediate decline in...
Infosys Joins Forces with the AI Company that Triggered a Sharp Selloff in Its Stock
Infosys announced a strategic partnership with Anthropic, the generative‑AI firm whose recent market moves sparked a broad sell‑off across Indian IT consultancies. The collaboration will integrate Anthropic’s Claude models into Infosys’ digital services, targeting enterprise automation, data analytics, and custom...
Fund Managers Alarmed over Corporate Spending Even as Optimism at Five-Year High
Fund managers are at a five‑year high of bullishness, yet a record share warn that corporate America is overspending on capital expenditures amid uncertain returns. In Bank of America’s February survey of 162 managers, cash balances rose in February, signaling...
Norwegian Cruise Line Stock Is Rising. A Big Activist Reportedly Has Taken a Stake.
Norwegian Cruise Line shares jumped 6% after the Wall Street Journal reported that activist hedge fund Elliott Management has acquired a stake exceeding 10% of the company. Elliott plans to push for governance changes, including nominating a director to the...
Shipping Industry Set to Consolidate as Hapag-Lloyd to Buy Israeli Firm for 58% Premium
Shipping giant Hapag-Lloyd agreed to buy Israel’s ZIM Integrated Shipping Services for $4.2 billion.
Coinbase Swings to Surprise Loss Amid Crypto Exodus, but Says Traders Are Buying the Dip
Coinbase reported a surprise fourth‑quarter loss as crypto trading volumes continued to shrink, marking the first quarterly deficit in years. Despite the loss, the stock steadied and rose modestly in after‑hours trading, bouncing off a two‑year low. Management used the...
Pinterest Shares Are Sinking. The AI Risk Is Now, One Analyst Says.
Pinterest’s stock plunged after the company posted quarterly results that fell short of expectations and issued a revenue outlook below analyst forecasts. The decline was amplified by growing concerns that artificial‑intelligence disruptions could erode its advertising model. While Pinterest highlighted...
