OpenAI is pursuing roughly $100 billion in new financing to fuel acquisitions and attract talent, potentially using stock to buy startups like Io Products; the pre-money valuation could exceed $730 billion, underscoring an aggressive expansion in AI.
CoreWeave reported strong Q4 2025 and full-year results, with revenue of $1.57B in Q4 and $5.13B for 2025, and a net loss of $452M for Q4 and $1.17B for the year due to interest expense and non-GAAP adjustments. Adjusted EBITDA reached $898M in Q4 and $3.09B for the year. Revenue backlog grew to $66.8B, underscoring strong demand visibility as the company expands its AI cloud footprint. CoreWeave added about 260 MW of capacity (now >850 MW) and has ~3.1 GW of contracted power, completed its IPO in March 2025 (Nasdaq: CRWV), and pursued acquisitions (Monolith, Marimo) and partnerships to broaden its platform, including federal offerings.
Lowe's reported $20.58 billion in Q4 2025 sales and net earnings of $999 million ($1.78 per share), with adjusted diluted EPS of $1.98 after excluding $149 million in pre-tax costs tied to the Foundation Building Materials and Artisan Design Group acquisitions. For the full year, net earnings were $6.654 billion and the company provided a 2026 outlook of $92–$94 billion in sales, flat-to up 2% in comparable sales, and adjusted diluted EPS of $12.25–$12.75 (GAAP diluted EPS about $11.75–$12.25), with operating margin 11.2%–11.4%, and capex around $2.5 billion. The firm highlighted growth in Pro, online, and home services, paid $673 million in dividends in Q4 and returned about $2.6 billion to shareholders in 2025, and remains optimistic on share gains amid housing-market headwinds through productivity initiatives.
Stewart's Shops is under contract to acquire The Dexter Market in Dexter and the Alex Bay Big M Market in Alexandria Bay, expanding its northern New York presence. The deals, expected to close in coming weeks, include renovations with openings planned in the coming months. This follows recent acquisitions of Sliders Food Mart assets in Clayton, Croghan and Harrisville, as the family- and employee-owned chain continues growth around Watertown and along the Great Lakes Seaway Trail; Stewart's operates more than 400 shops across upstate New York, Vermont and New Hampshire.
Transocean will acquire rival Valaris in an all-stock deal valued at about $5.8 billion, creating a global offshore-rig group with 73 rigs and an enterprise value around $17 billion; Valaris shareholders will receive 15.235 Transocean shares per Valaris share, valuing Valaris at $82.12 per share (roughly a 31.6% premium). The merger, expected to close in the second half of 2026, aims to generate more than $450 million in annualized cost savings through 2026 and reduce debt, with the combined company split 53% to Transocean and 47% to Valaris.
GDC's 2026 State of the Game Industry Report shows 33% of surveyed US game workers laid off in the past 24 months, with 48% still seeking work; globally 28% were laid off and 17% in the last year. Designers were hit hardest (about 20%), while business operations saw the lowest impact (8%). Main reasons cited include restructuring (43%), project cancellations (32%), and budget cuts/market conditions (38%), with many layoffs tied to acquisitions and industry consolidation—underscoring ongoing stress in the sector, echoed by Ubisoft’s recent organizational reset.
Sundance 2026 in Park City showcases a strong slate of comedies and star-powered projects, but buyers and distributors remain cautious in a volatile market, weighing pay-1 and PVOD strategies as they eye titles frequently highlighted by buyers (e.g., Antiheroine, Cookie Queens, The Gallerist, I Want Your Sex, See You When I See You).
An io9/Gizmodo opinion piece arguing Paramount’s ongoing bid to acquire Warner Bros. (backed by lawsuits and European lobbying) highlights Hollywood’s unhealthy fixation on consolidation. Despite a judge ruling the suit unfast-trakable and Warner Bros.’ shareholders favoring Netflix, the piece contends such monopolistic deals harm creativity, jobs, and media independence, and warns the pursuit could spur more aggressive acquisitions across the industry.
DoorDash, now valued at over $100 billion, dominates U.S. restaurant delivery and is expanding globally through acquisitions like Deliveroo and SevenRooms, aiming to become a comprehensive technology platform for restaurants and retailers worldwide, while still having significant growth potential in its core delivery business.
Apple is significantly increasing its AI investments, embedding AI across its products, reallocating staff, and making acquisitions to catch up in the AI race, while emphasizing careful product launches and viewing AI as complementary to its existing devices like the iPhone.
Apple CEO Tim Cook announced that the company is open to mergers and acquisitions to boost its AI capabilities, as it increases investment in AI and works on integrating it across its products, despite current delays in AI features like Siri. Apple remains financially strong with growing iPhone, Mac, and services revenue, but faces challenges from tariffs and geopolitical shifts.
EssilorLuxottica reported better-than-expected Q2 revenue driven by strong European sales and a surge in smart-glasses like Ray-Ban Meta, as it accelerates its wearable technology initiatives and plans further product launches and capacity expansion, despite tariffs impacting North American results.
Yahoo's missed opportunities to acquire Google and Facebook early on, combined with poor strategic decisions and management, contributed to its decline and the rise of these tech giants, which could have been different if Yahoo had acted differently. The article discusses the importance of innovation, leadership, and timing in the tech industry, highlighting how Yahoo's focus on short-term revenue and mismanagement led to its downfall.
Ubisoft reported lower-than-expected Q1 2025-26 financials, with revenue down 3.9%, and announced a restructuring into 'Creative Houses' to improve focus and autonomy, while progress on a Tencent partnership continues.