User avatar
  • Claire Yubin Oh

Posts

Adobe rises on $25 billion stock buyback

Fears that new agentic models could affect demand for software and design products have pushed Adobe’s shares down more than 30% this year, and were…

ASTS drops after BlueBird 7 launched into an incorrect orbit

ASTS’ BlueBird 7 satellite, carried by Blue Origin’s New Glenn vehicle, was put into an incorrect position and will now be taken out of orbit.

Critical Metals jumps after Greenland’s government approves CRML to take majority control of the Tanbreez mining project

With that latest government support, Critical Minerals added an additional 50.5% stake to its ownership, now in charge of 92.5% of the rare earth deposit.

Snap jumps after revealing plans to lay off ~16% of its workforce, new guidance sees Q1 revenue up ~12% year-on-year

Through the latest moves, Snap is “pivoting towards profitable growth,” per CEO Even Spiegel, doubling down on its 60%+ gross margin target for 2026.

Broadcom jumps on expanded chip deal with Meta

The deal includes an initial commitment of over 1GW of computing capacity, enough to power some 750,000 US homes.

Amazon reportedly nears deal for Globalstar in bid to take on SpaceX’s Starlink

The tech giant wants to have 700 satellites in space by the middle of the year.

Will investing in kids games finally make Netflix Games “the Netflix of games”?

Netflix is launching a game for preschoolers, its latest foray into stuff-you-play instead of stuff-you-watch.

Music record companies love being “artist-centric” — but how much do they pay out to artists?

On Tuesday, Pershing Square made a $64 billion bid to buy Universal Music Group.

Universal Music jumps on Pershing Square’s $64 billion merger proposal

Universal Music Group (UNVGY) ADRs rose 11% in premarket trading on Tuesday after Bill Ackman’s Pershing Square Capital offered a deal to combine the world's…