Bill Ackman's Pershing Square swapped Alphabet for Microsoft stock in Q1 2026, a move that has underperformed year-to-date but is supported by a strong valuation case for Microsoft. The trade faces a key test with Microsoft's upcoming earnings as investors watch for growth in its Azure AI division.
Investor Michael Burry clarified he has only covered half of his bearish bet against Oracle, taking profits on a successful trade but maintaining significant short exposure. The move comes as Oracle faces a recent credit downgrade and its stock trades near a 52-week low.
Personalis stock fell despite Tempus AI announcing a $1.5 billion acquisition, as the all-stock nature of the deal introduces valuation uncertainty and risk for investors.
UBS analysts forecast that memory chip maker Micron could buy back more than 40% of its stock by late 2028, deploying significant free cash flow after current buyback restrictions expire in 2026.
U.S. equity indexes started the week with gains, led by the Nasdaq, as semiconductor stocks recovered from last week's losses. Investor focus is shifting to a crucial slate of earnings reports from technology giants that have powered the market's AI-driven rally.
Personalis stock fell sharply after Tempus AI announced a $1.5 billion all-stock acquisition, as investors reacted negatively to a minimal 6% premium and terms that expose shareholders to significant risk.
Shares of Tempus AI fell sharply after the company announced an all-stock transaction to acquire Personalis, Inc. for approximately $1.5 billion, raising investor concerns about shareholder dilution.
Mineral exploration firm Cadillac Mines Corp. is aiming to raise as much as C$363 million in a Canadian initial public offering, with a concurrent private placement from Agnico Eagle Mines. The offering marks a significant event for Canada's rebounding public listings market.
The industrial real estate trust's stock jumped to a 52-week high after Brookfield Asset Management and Canada Pension Plan Investment Board agreed to acquire it for $61.20 per share in an all-cash transaction.
