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Allstate Corporation Sells Employer Voluntary Benefits Business, Stock Gains
/ Market Analysis

Allstate Corporation Sells Employer Voluntary Benefits Business, Stock Gains

Allstate Corporation announced on Tuesday the sale of its employer voluntary benefits business to StanCorp Financial Group for $2 billion in cash.

August 14, 2024
Mars Explores $30 Billion Acquisition of Kellanova (K), Stock Surges

Mars Explores $30 Billion Acquisition of Kellanova (K), Stock Surges

Mars Inc., the maker of Snickers and M&M's, is reportedly exploring a $30 billion acquisition of Kellanova, the snack food company recently spun off from Kellogg.

August 05, 2024
Stocks to Watch Today: CrowdStrike, Tesla, and Serve Robotics

Stocks to Watch Today: CrowdStrike, Tesla, and Serve Robotics

CrowdStrike faced a sharp decline due to a global IT outage, Tesla saw its stock dip amid disappointing California sales figures, and Serve Robotics (SERV) experienced a dramatic surge following ...

July 19, 2024
AMD Announces Plan to Acquire Europe’s Largest Private AI Lab, Shares Gain

AMD Announces Plan to Acquire Europe’s Largest Private AI Lab, Shares Gain

AMD announced plans to acquire Silo AI, Europe's largest private AI lab, for $665 million in cash, bolstering its artificial intelligence capabilities and challenging industry leader Nvidia.

July 10, 2024
Paramount Sees Premarket Gains Amid IAC Takeover Bid Talks

Paramount Sees Premarket Gains Amid IAC Takeover Bid Talks

Paramount Global faces an uncertain future as billionaire Barry Diller's IAC explores a potential takeover bid, following the collapse of merger talks with Skydance Media.

July 02, 2024