PayPal is suddenly being priced like a deal target PayPal stock surged Wednesday after a report said Stripe and private equity firm Advent International had made a proposal to acquire the payments company. Shares of PayPal jumped 14% after Reuters

A European drone company joins defense tech’s billion-dollar class Quantum Systems has secured $1.2 billion in new financing, placing the German autonomous-systems developer among Europe’s most valuable privately held defense companies. The Series D round valued Quantum Systems at approximately

Memory stocks led another semiconductor pullback Semiconductor stocks moved lower Friday as investors reconsidered one of the central assumptions behind the recent chip rally: that rising memory prices would remain an unqualified benefit for the industry. Micron Technology and SanDisk

Meta is buying a stake and recruiting the founder Meta Platforms is investing $900 million in Indian fintech company CRED while bringing its founder, Kunal Shah, into one of the most important operating roles inside the company. The transaction values

Washington is pressing ASML on the most sensitive issue in the chip supply chain ASML is facing fresh scrutiny from the US administration over one of the most strategically important questions in semiconductors: whether China has gained access, directly or

Fox is buying distribution, data, and ad infrastructure Fox’s agreement to buy Roku is not just another media deal. It is a bet that controlling more of the streaming layer matters as much as owning the content itself. The transaction

The market gave SpaceX exactly the debut investors expected SpaceX opened trading Friday at $150 under the ticker SPCX, a sharp move above its $135 IPO price. Within the first stretch of trading, the stock pushed through $160 and later

Amazon is spending further upstream in the AI buildout Amazon’s latest infrastructure deal says a lot about where the AI race is moving. The company signed a multibillion-dollar agreement with Corning to secure optical fiber, cable, and connectivity products for

A giant deal is getting even more unconventional SpaceX is not just aiming for one of the biggest IPOs ever. It is also doing it in a way that breaks from the standard Wall Street playbook. According to current reporting,

Ferrari finally launched its first EV — and the reaction was ugly Ferrari spent years building anticipation around its first fully electric model. What it got instead was one of the harshest market reactions a major auto design reveal has