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Continue ReadingiRobot's merger with Amazon has been called off due to regulatory concerns. Find out my neutral analysis on IRBT stock...
Continue ReadingWhen investors put all the pieces together and consider thematic equities, the first thing they tend to focus on is the degree of purity exposure to the theme...
Continue ReadingBig tech kicks off peak earnings season - Microsoft, Alphabet, Amazon, Apple, and Meta...
Continue ReadingShares of embattled Chinese property developer Evergrande (3333.HK) sank as the company now faces liquidation after failing to successfully restructure. Other Chinese equities like Pinduoduo (PDD) were also under pressure in Monday's trading. EV maker Lucid Group (LCID) has received a Buy alert from Motley Fool on Monday. The stock climbed on the bullish call. iRobot Corp. (IRBT) shares declined after Amazon (AMZN) terminated the acquisition deal between the companies, citing no viable path to EU regulatory approval. Amazon will pay a $94 million termination fee. iRobot will also be cutting jobs and its CEO is departing after the failed purchase. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...
Continue ReadingAmazon (AMZN) is terminating its pursuit of acquiring iRobot (IRBT), while JetBlue Airways (JBLU) calls off its merger with discount operator Spirit Airlines (SAVE). These are just two of the top M&A headlines as the market is enthusiastic about other big-name deals announced for 2024. Barron's Reporter Jacob weighs in on the regulatory environment for M&A dealmaking. "In the airline space, it's going to be a little bit tougher from a regulatory standpoint," Sonenshine tells Yahoo Finance. "With airlines in the US... you had JetBlue... trying to make a play for another small discount airline. They would have to buy that for $3 billion, JetBlue doesn't even have $1 billion in cash. It would have to use a lot of debt, it would be a very difficult deal to do." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...
Continue Reading(Bloomberg) -- Amazon.com Inc is partnering with Mexico fintech Kueski, which focuses on “buy now pay later options” and personal loans, to offer payments in bi-weekly installments in Latin America’s second-largest economy. Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsMusk Says First Neuralink Patient Received Implant in Bra...
Continue ReadingThe European Union is cracking down on Big Tech in a way few other regulators are...
Continue ReadingiRobot is going in circles, which means iRobot stock may be circling the drain...
Continue ReadingAmazon's (AMZN) fourth-quarter results are likely to reflect strong momentum across Prime and AWS...
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