Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Tilray Acquires HelloMD's Canadian Medical Cannabis Assets to Strengthen Direct-to-Patient Model
Tilray Brands is acquiring HelloMD's Canadian medical cannabis assets, pending court approval. The deal aims to expand Tilray's direct-to-pa
MSG Entertainment Downgraded as Theater Deal Optimism Already Priced In
Seaport Research downgraded MSG Entertainment to neutral after the stock rose above its $80 target. The downgrade comes as a memorandum of u
Comcast to Spin Off NBCUniversal, Splitting Cable from Content
Comcast is splitting its cable and broadband business from its media and theme park assets. NBCUniversal will become a standalone public com
Carlisle Makes Multiple Bids Over $10 Billion for Owens Corning
Carlisle Companies has made multiple unsolicited bids to buy building-materials maker Owens Corning, with offers valuing the target at more
BofA Downgrades Doximity on AI Cost Concerns, Slashes Price Target to $20
Bank of America downgraded Doximity to underperform and slashed its price target to $20 from $38, warning that the company's AI pivot could
Comcast Jumps 6% on Plan to Split NBCUniversal and Sky from Broadband
Comcast shares surged more than 6% Monday after the media and broadband giant announced plans to split into two public companies. The move t
Enduro Metals Starts Drilling New Copper-Gold Target in BC's Golden Triangle
Enduro Metals has kicked off a 3,000-meter phase one drilling program at its Andrei copper-gold target in British Columbia's Golden Triangle
Honda Plans €2.5 Billion Euro Bond Sale as It Shifts EV Strategy Toward Hybrids
Honda may issue over 400 billion yen (about $2.5 billion) in euro bonds to pay suppliers and fund hybrid vehicles after an annual loss. The
Stellantis Extends Fiat 500 Factory Downtime: Parts Shortages or Weak Demand?
Stellantis is extending the Fiat 500's summer shutdown at its Mirafiori plant in Turin, officially due to parts shortages. The local union s
UBS: Data Center Boom Could Boost Innio Revenue Tenfold by 2028
UBS initiated coverage of industrial power equipment maker Innio, projecting data center revenue could surge from $260 million to $2.7 billi
RBC: Verisk's AI Tools Will Take Time to Boost Revenue, Q2 Seen In-Line
RBC Capital Markets expects Verisk to report in-line Q2 results with $801 million in revenue. The bank says the company's AI-driven tools ar
Aramark's Data Center Contracts Could Add $3-4 Billion in Revenue by 2028, Oppenheimer Says
Aramark is expanding beyond its core food and facilities business into data centers. Oppenheimer estimates these contracts could add $3-4 bi