Constellation Jumps 12% on $4.3B Google Nuclear Power Deal
Constellation Energy shares surged 12% after Alphabet signed a $4.3 billion deal to add 890 MW of nuclear uprates across six plants on the PJM grid.
Stock Market
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Marvell Raises FY28 Outlook to $20B on Custom AI Demand
Marvell shares rallied after raising its fiscal 2028 revenue outlook to $20B at Investor Day, driven by surging hyperscaler custom AI chip demand.
PTC Surges on $22.6B Cash Buyout From Schneider Electric
PTC rallied after Schneider Electric agreed to acquire the industrial software company for $205 per share in cash, valuing its equity at $22.6 billion.
Lucid Q3 Deliveries Fall 6.7% to 3,806 Amid Production Cuts
Lucid delivered 3,806 vehicles and produced 2,954 in Q3 2026, cutting factory output to liquidate inventory as part of its $1.4B cash flow turnaround plan.
C.H. Robinson to Buy RXO in $5.8B Cash and Stock Deal
C.H. Robinson is acquiring logistics provider RXO in a $5.8 billion cash-and-stock deal offering a 29% premium and targeting $300 million in cost synergies.
Cal-Maine Foods Swings to Q1 Loss as Egg Prices Fall 59%
Cal-Maine Foods reported a Q1 FY2027 net loss of $58.6M as conventional egg prices fell 59%, triggering a dividend suspension under its variable payout policy.
ESCO Technologies Closes $2.3B Megger Group Buyout
ESCO Technologies closed its $2.3B buyout of Megger Group, funding the deal with $922M in cash, 5.1M shares, and $1.0B in new credit facilities.
Berkshire Expands Lennar Stake to 11.2% in $2.1B Bet
Berkshire Hathaway increased its Lennar stake to 11.2% ($2.1B), aggressively buying into the homebuilder selloff despite 7.3% mortgage rates and analyst downgrades.
Nano Nuclear to Buy NRC Fuel Processing Assets for $13.5M
Nano Nuclear agreed to acquire NRC-licensed fuel assets and patents from Radnostix for $13.5M, expanding its vertical microreactor fuel supply chain.
Rivian Q3 Deliveries Surge 58% to 19,248, Reaffirming Guidance
Rivian delivered 19,248 electric vehicles in Q3 2026, up 58% sequentially, as production reached 19,751 units and full-year guidance was reaffirmed.