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PARR News30 articles
Sky Quarry Stock Surges on Record Trading Volume Ahead of Refinery Restart
Sky Quarry shares surged 34.4% on heavy trading volume, far exceeding the company's total outstanding shares, as speculation builds around a planned refinery restart in Nevada.
Wolfspeed Debuts Transparent SiC Substrates, 300mm Samples
Wolfspeed has launched transparent silicon-carbide substrates for AR optics and quantum tech. 150mm and 200mm wafers are now commercially available, but 300mm remains in sampling.
NVision and HyperLight Partner to Bring Molecular Qubits to Optical Chips
NVision and HyperLight collaborate to put molecular qubits on optical chips after a Nature paper reports 2.2 ms coherence. First prototypes due this quarter.
Anthropic's IPO Filing Reveals Shift to Separate AI Chip and Data Center Leasing
Anthropic's IPO filing reveals a new procurement strategy separating AI chip leases from data center deals, aiming to align compute costs with revenue growth. The company plans to list on Nasdaq under 'ANT'.
Mars Dust Study Reveals Nanoscale Particle Adhesion on Spacesuit Materials
NASA's Perseverance rover discovered ultrafine Mars dust (100-300 nm) on calibration materials, offering new insights for spacesuit and habitat design based on 1,645 sols of data.
ESA's Space Rider Landing Test Ends in Parafoil Detachment
ESA's Space Rider full-scale landing test ended in failure when the parafoil detached mid-drop, leaving landing qualification unproven and casting doubt on the 2028 launch schedule.
S&P 500 Dips as Rotational Buying Broadens Market Participation
S&P 500 slips 0.15% even as 71% of stocks gain, signaling rotation. Tech drags, while healthcare and real estate lead.
Paramount Skydance Launches $44.4B Bond Sale Ahead of Warner Merger Ruling
Paramount Skydance has initiated a $44.4 billion secured notes offering to finance its Warner Bros. Discovery acquisition, pending court approval. The massive debt sale underscores the scale of the deal and its financial implications.
Mountain Bike Industry Shifts Focus to E-MTBs and Destination Parks
The mountain bike market is evolving beyond bike sales toward e-MTBs, bike parks, and experience-based services, with electrification and destination riding driving new growth.
McDonald's $8.5B Franchise Plan Sparks Heavy Selloff and Analyst Split
McDonald's stock tumbled 4.8% after the company pledged $8.5 billion in franchisee support through 2036. The market's reaction was mixed, with analysts divided on the plan's potential.
Warner Bros. Discovery Stock Inches Closer to Paramount Buyout Price
WBD shares closed at $30.76, 0.78% below Paramount's $31 base offer. The studio delayed 'Gremlins 3' by 321 days to October 2028, as Q2 Studios revenue fell 39%.
Instacart Expands Dollar General Partnership to 20,000 Stores; CART Shares Dip
Instacart's Dollar General rollout targets 20,000 stores, but CART shares slipped 2.6% as investors await financial details.
Microsoft's $175B AI Bet Sparks Analyst Divide: $608 Bull vs. $440 Bear Case
Microsoft closed at $501.61 after Cantor raised its target to $608, while Redburn cut to $440, reflecting a $175B capex debate.
WBD Jumps 10.8% on State Antitrust Settlement, Narrows Paramount Deal Spread
WBD closed at $30.80, up 10.79%, after a 12-state antitrust settlement. The $31 Paramount cash offer now sits just 20 cents above the stock, tightening the deal spread.
Fifth Third to Rebrand Detroit Ballpark as Fifth Third Park
Fifth Third Bancorp will rename Detroit's Comerica Park to Fifth Third Park for the 2027 season. Terms undisclosed; FITB shares rose 0.8%.
Nutrien Shares Pare Losses as Belarus Potash Deal Lacks Key Details
Nutrien shares pared early losses after a proposed U.S.-Belarus potash deal lacked commercial terms. The stock traded at $75.52, down 2.04%.
WBD Stock Surges to Within 1.4% of Paramount's $31 Buyout Price
WBD stock rallied 9.95% to $30.565, leaving just 1.4% upside to Paramount's $31 cash offer. California settlement talks and a ticking fee support merger optimism.
Paramount Skydance Jumps on $1.5B California Deal Talks
PSKY jumps 6.4% premarket as Reuters reports advanced talks for a $1.5B California production commitment, potentially averting $7M daily penalties.
Paramount Skydance Dips 3.9% Despite FCC Foreign Ownership Approval
PSKY shares dropped 3.9% despite FCC approval of foreign ownership, as antitrust case and deal risks weigh. Trading volume surged 6.5x average.
Stingray Radio Revenue Dips 6.5% in Fiscal Q1; VOCM Parent Sees Ad Weakness
Stingray Group's radio revenue fell 6.5% in fiscal Q1 to C$32.0M, with local ad sales weak. VOCM parent's stock slipped 2.9% to C$15.19.
Buc-ee's and Mickey's Settle Trademark Dispute; $850K Award Was Separate Case
Buc-ee's and Mickey's parent Coles IP settled their trademark dispute confidentially on Sept. 15. The widely cited $850,000 award belongs to a separate case, and no financial terms were disclosed.
Christmas Central Parent Gordon Companies Files Chapter 11
Gordon Companies, parent of Christmas Central, filed Chapter 11 amid seasonal peak, with liabilities up to $50M, planning to continue operations.
Paradium.AI Shares Halted After 271% Surge on $1B Roundtable Pact
Paradium.AI shares were halted after a 271% surge to $3.34 as a $1B Roundtable agreement awaits $89M funding. Trading remains suspended pending details.
Ruger Shares Lag Tender Offer as Beretta's Partial Bid Caps Upside
Ruger (RGR) shares trade at $40.08, well below Beretta's $44.80 partial tender price, as investors weigh proration and residual risk.
Bipartisan Plan to Lift Social Security Wage Cap Could Add $19,561 Tax for $500K Earners
A bipartisan proposal to eliminate Social Security's wage cap would add $19,561 in annual taxes for $500,000 earners, with employers paying the same. The plan aims to extend trust fund solvency but faces hurdles.
Clearlake Capital Assumes Full Control of Chelsea as Boehly Departs
Clearlake Capital takes full control of Chelsea FC by acquiring Boehly's and Walter's stakes. Wyss remains a minority partner. Valuation undisclosed.
Datavault's $100M Order Sparks Skepticism as Shares Slide 19%
Datavault AI's $100M purchase order for QEST tokenization services fails to impress investors, as shares tumble 19% on concerns over revenue recognition and lack of specifics.
Apollo's Black Faces House Contempt Step; Firm Separated
Leon Black faces a House contempt markup, but Apollo's exposure is indirect. The firm is operationally separate, though shareholder suits and reputational risk remain.
MEEZA's Landmark $275M Hyperscaler Lease Sparks 10% Share Surge
MEEZA's QAR 1B hyperscaler lease, 4.6x H1 revenue, drove shares up 10%. But terms, start date, and margins remain undisclosed.
X Platform Stability Questioned as Outage Reports Surface; SPCX Investors Eye Transparency
Independent monitors show no widespread X outage, but the lack of official status updates keeps reliability a key risk for SPCX investors.