Latest Corporate News
Asian Markets Slide on Tech Sell-Off
Japan's Nikkei 225 fell 1% to 49,001.50, driven by losses in technology shares like SoftBank (-4%) and Tokyo Electron (-3.2%). South Korea’s Kospi dropped 1.5% amid electronics and auto declines, while Chinese markets were mixed. Honda slid 2.2% due to chip shortage production halts in Japan and China.
Wall Street Tech Rout Sparks AI Bubble Fears
The Nasdaq Composite fell 1.8%, S&P 500 dropped 1.2%, and Dow slipped 0.5% on concerns over AI valuations. U.S. futures showed mixed recovery with S&P up 0.3% and Nasdaq futures gaining 0.6% ahead of inflation data.
Micron Technology shares rose in after-hours on upbeat growth forecasts.
Record Mega M&A Deals Resurge in 2025
2025 featured 63 global deals over $10B, topping prior records, with four U.S. deals over $40B. Major transactions included Union Pacific’s $85B merger with Norfolk Southern and Netflix’s $82.7B acquisition of Warner Bros.
Activity accelerated post-tariff concerns across industries.
Netflix Acquires Warner Bros. for $82.7 Billion
Netflix completed its massive $82.7 billion acquisition of Warner Bros., highlighting media sector consolidation. This megadeal was part of a wave of bolder transactions in a shifting regulatory environment.
It underscores renewed M&A energy despite global challenges.
Banking Mergers Surge with Regional Consolidations
U.S. bank regulators support consolidation; deals include Capital One’s $35.3B Discover buy, Synovus-Pinnacle, and Huntington’s Veritex/Cadence acquisitions. CVB Financial and Heritage Commerce announced an $811M all-stock merger, creating a $22B California bank.
Further combos like Fifth Third-Comerica and PNC-FirstBank noted.
UWMC Announces Strategic Acquisition of TWO
United Wholesale Mortgage (UWMC) agreed to acquire TWO, boosting public float to $2.6B and enhancing profitability via synergies. The deal aligns complementary strengths in capital markets and operations.
It promises streamlined financing and growth for brokers and stockholders.