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Utz Brands Shares Skyrocket 89% on $2.9B Buyout Offer from Germany's Intersnack
Utz Brands shares jumped 89% after Intersnack Group's $14.25/share cash offer, implying a $2.9 billion enterprise value. The deal includes a 91.3% premium.
MSCI Shares Slide 11% as Expense Forecast Hike Dampens Record Revenue
MSCI shares tumbled 10.7% despite record revenue, as a $45 million increase in 2026 expense guidance and earnings concentration in the index segment spooked investors.
SK hynix ADRs Surge to 33% Premium Over Seoul Shares Amid Market Recovery
SK hynix's Nasdaq ADRs surged to a 32.8% premium over Seoul-listed shares as memory stocks rebounded, with key corporate events set for July 29.
KIDZ AI Soars 70% on $44.6M GPU Deal, Funding Doubts Loom
KIDZ AI shares jumped 70% on a $44.6 million GPU deal, but the contract hinges on a non-cancellable server order, raising concerns about funding and investor dilution.
Catalyst Pharmaceuticals Delisted After Angelini Merger Closes
Catalyst Pharmaceuticals was delisted from Nasdaq after Angelini Pharma completed its $4.1 billion acquisition. The stock closed at $31.49, just one cent below the $31.50 cash payout.
Intel Soars 6.4% on Options Bets for Record $63B Post-Earnings Swing
Intel shares surged 6.4% on Tuesday, with options activity signaling a potential $63 billion swing after its Q2 report. The stock's 160% annual gain sets the stage for a pivotal earnings test.
Student Loan Defaults Surge to Record High, Credit Tightening Blamed
U.S. student-loan defaults have reached a record high, with over 9.5 million borrowers in default, highlighting a tightening credit environment rather than banking turmoil.
Schwab Stock Nears $102 as 2026 Strategy Pivots on Steady Trading
Charles Schwab shares trade near $102 as the company outlines a 2026 strategy based on subdued trading, forecasting 18% revenue growth and margin expansion.
Nasdaq Futures Surge as Chip Stocks Recover; Broader Markets Lag
Nasdaq 100 futures rose 1.16% on Tuesday, outperforming other indexes, as a 4% jump in the semiconductor ETF SOXX led gains. Broader markets lagged, with S&P 500 and Russell 2000 futures up only 0.31% and 0.27%, respectively.