Custom silicon leader Marvell Technology (NASDAQ: MRVL) has agreed to acquire optical photonics pioneer Lumentum Holdings (NASDAQ: LITE) in a $115 billion all-stock transaction (including debt). The blockbuster acquisition marks one of the largest corporate takeovers of 2026, positioning Marvell to challenge Broadcom in the accelerating race for AI data center infrastructure. 📌 Transaction Terms...
Artificial intelligence powerhouse Anthropic plans to sell up to 552.9 billion yen ($3.5 billion) worth of new shares directly to Japanese investors as part of its upcoming US initial public offering, according to a regulatory filing released Monday. 📌 Key Offering Details & Capital Strategy: • $3.5B Dedicated Japan Tranche: Anthropic will issue up to...
SpaceX is exploring a deal to acquire EchoStar’s Boost Mobile or secure direct access to its wireless network, according to The Washington Post. The strategic transaction would provide Elon Musk’s venture with an instant terrestrial launchpad to build a hybrid satellite-cellular network under Starlink Mobile, directly taking on telecom incumbents AT&T, Verizon, and T-Mobile. 📌...
Frontier AI lab Anthropic filed an amended SEC prospectus detailing its third-quarter financials, showing rapid revenue acceleration and narrowing net losses ahead of investor roadshow marketing scheduled for the week of November 9. The disclosure offers Wall Street a critical window into AI unit economics and massive infrastructure liabilities ahead of what could be the...
As voters head to the polls for the November 3 midterm elections, institutional investors are positioning for potential post-election volatility across sovereign debt, equities, and Big Tech. While the S&P 500 has surged ~27% since Donald Trump’s 2025 return to the White House, higher Treasury yields, persistent energy inflation, and fiscal deficit risks leave markets...
Following a rare period of sustained underperformance, Indian equity markets may be primed for a decisive recovery in the second half of the fiscal year, driven by robust macro fundamentals and domestic liquidity buffers, according to Sachin Relekar, Senior Equity Fund Manager at Axis AMC (managing 3.66 trillion rupees / $38.5 billion in AUM). 📌...