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Just Eat Takeaway Acquired in $4.3 Billion Deal

Prosus NV agreed to buy Just Eat Takeaway.com NV for €4.1 billion ($4.3 billion), the technology investor’s biggest deal to date as it pursues new growth opportunities. The all-cash deal at €20.30 a share is a 49% premium to the three-month volume-weighted average price, the company said in a statement Monday. Just Eat Takeaway.com operates in 17 international markets, connecting 61 million customers with more than 356,000 local partners.

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Novo Nordisk to Sell Wegovy for $499 a Month to Cash-Paying US Customers Δ1.71

Novo Nordisk has announced that it will begin selling its weight-loss drug Wegovy at a discounted price of $499 per month to patients paying cash, marking a significant shift in the competitive dynamic of the U.S. obesity drug market. This move comes as rival Eli Lilly has cut the price for its weight-loss drug Zepbound and expanded its direct-to-consumer sales through its website. The Danish drugmaker will also offer home delivery for Wegovy, which can cost patients over $1,000 a month without insurance coverage.

Business News Roundup Faces Financial Dilemmas, Regulatory Challenges, and Competitive Pressures Δ1.71

Consumer Reports has released its list of the 10 best new cars to buy in 2025, highlighting vehicles with strong road test scores and safety features. The announcement comes as Eli Lilly & Co. is expanding its distribution of weight-loss drug Zepbound at lower prices, while Target is scaling back its DEI efforts amidst declining store visits. Meanwhile, Costco's luxury goods segment continues to grow, and Apple has secured President Trump's backing for its new investment plan.

Novo Nordisk Launches Lower-Cost Wegovy Cash Option and Home Delivery Δ1.71

Novo Nordisk has launched a new cash-pay option for its weight-loss drug Wegovy, offering a monthly dose at $499 with home delivery. The move follows competitor Eli Lilly's lead to offer a similar $499 cash program for its weight-loss drug Zepbound. This price reduction aims to make the medication more accessible to patients who do not have coverage or are uninsured.

Currys Epic Deals Spring Sale Is Live – I've Picked the 16 Best Deals on TVs, Headphones, Laptops. Δ1.71

I've scoured Currys' latest sale and picked out the top tech deals, including the Sony WH-1000XM4 Wireless Headphones for £180 (was £279.99), the Samsung Galaxy Book4 for £399 (was £499), and the LG C4 55-inch OLED TV for £1,199 (was £1,499). The sale offers thousands of deals, ranging from discounts on appliances to savings on smartphones and laptops. Currys' Epic Deals sale is a great opportunity to upgrade your tech without breaking the bank.

Blackstone Out of Race for India's Haldiram's over Valuation Concerns Δ1.71

Haldiram's snacks business is estimated to hold a near 13% share of India's $6.2 billion savoury snacks market, with valuation being a key sticking point in the deal talks between Haldiram's and Blackstone. The private equity investor had initially wanted around a 15% stake at a valuation of roughly $8 billion, but negotiations ultimately failed to bridge the gap. Rival bidder Temasek remains in the race to acquire a minority stake in the business.

Intel's $13.4B Gamble: Can It Steal Nvidia and Broadcom From TSMC--Or Is This Another Pipe Dream? Δ1.70

Intel is testing its last shot at redemption. Nvidia and Broadcom are interested—yet will they actually commit? Intel (NASDAQ:INTC) is making waves after reports surfaced that Nvidia (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO) are running tests on its 18A manufacturing process. If these tests turn into actual contracts, it would be a massive win for Intel's struggling foundry business.

Greggs' Sales Top £2bn After Pizza, Wedges and Chicken Goujons Push. Δ1.70

Greggs has surpassed £2 billion in revenue, attributed to a successful expansion of its menu that includes pizzas, chicken goujons, and potato wedges, indicating a strategic shift away from its traditional offerings. Despite this growth, the company faces challenges due to rising living costs and increased employer National Insurance contributions, leading to a cautious outlook for the upcoming year. The firm continues to adapt by opening new locations and enhancing its digital sales, positioning itself for sustained growth amidst a changing retail landscape.

Allegro Drawing Takeover Interest From ON Semiconductor, Bloomberg News Reports Δ1.70

Allegro Microsystems is drawing takeover interest from larger competitor ON Semiconductor, according to a report by Bloomberg News. The sensor integrated circuits provider has a market valuation of $4.11 billion, while ON Semiconductor is valued at $19.83 billion. Allegro's appointment of new CEO Mike Doogue is seen as part of efforts to prepare the company for potential acquisition.

Stocks of McDonald's and Other Fast Food Giants Rise, but Challenges From Trump Tariffs Loom Δ1.70

Fast food stocks, particularly McDonald's, are experiencing a surge in investor interest despite the looming challenges posed by President Trump's tariffs, which add uncertainty to the industry. While McDonald's shares hit a record high and other major players like Yum Brands have also seen significant gains, the unpredictable nature of tariff policies continues to create anxiety among franchise owners and suppliers. As fast food giants benefit from a focus on value menus amidst rising costs and lower foot traffic, the long-term implications of these tariffs on operational planning remain a critical concern.

'Gamestop Effect': Retail Traders Seen Behind Eutelsat's 650% Surge Δ1.69

Eutelsat's shares have experienced an astounding increase of nearly 650% over four days, largely attributed to retail traders engaging in a short squeeze reminiscent of the Gamestop phenomenon. The surge in stock price has been driven by speculation that Eutelsat could potentially replace Elon Musk's Starlink in providing internet access to Ukraine, following geopolitical tensions. Analysts suggest that this rally reflects not only the influence of retail investors but also a reaction to broader shifts in global politics, emphasizing the volatility of the market.

Seven & I in Talks with Couche-Tard over Store Sales for Merger Deal Δ1.69

Seven & i Holdings has initiated discussions with Alimentation Couche-Tard over a potential store sale plan that would pave the way for Couche-Tard's $47 billion takeover bid. The proposed divestiture process would involve mapping out the viability of selling off U.S. stores, with potential buyers identified and assessed. If successful, this could provide regulatory approval for Couche-Tard to complete its acquisition of Seven & i Holdings.

Nancy Pelosi's Profitable Options Trade in Tempus AI (TEM) Stock Δ1.69

Rep. Nancy Pelosi has reportedly made a significant profit from her options trade on Tempus AI (NASDAQ: TEM), acquiring 50 call options at a strike price of $20, coinciding with a remarkable 183% surge in the stock price following her disclosure. Investors closely monitor Pelosi’s trading moves due to her impressive track record, which yielded a 70.9% return in 2024, significantly outperforming the S&P 500. The recent partnership of Tempus AI with the Institute for Follicular Lymphoma Innovation and its substantial revenue growth illustrates the company's promising future, despite current trading challenges.

Intel Stocks Leap On Report Tied To Nvidia And Broadcom Δ1.69

Intel stock has added more than $20 billion in market value over the past month. Intel shares powered higher in early Monday trading following reports that both Nvidia and Broadcom are looking to test the chipmaker's advanced AI production techniques in what could be an early and important endorsement of its nascent turnaround plans. Intel's plan to separate its foundry division from its chip-design unit appears to have won the support of President Donald Trump, whose administration is reportedly working to bring Taiwan Semiconductor Manufacturing Co TSMC into a joint venture that would keep IFS based in the United States.

Big Food's Worst Nightmare Unfolds Across U.S. Supermarket Aisles Δ1.69

Shoppers are increasingly buying from smaller food brands, threatening the growth of billion-dollar products from conglomerates such as Unilever and Procter & Gamble due to price and value concerns that have led consumers to shift away from highly-processed packaged food. Smaller brands like Duke's and Mike's Amazing are gaining traction in the U.S. market with lower prices and better value propositions than larger players. The trend is particularly evident in the condiment category, where Hellmann's has seen its market share decline.

Mixue: Bubble Tea Chain Bigger Than Starbucks Sees Shares Jump On Debut Δ1.69

Mixue's shares rose by more than 40% in their Hong Kong Stock Exchange debut. The company raised $444m (£352m) in the financial hub's biggest initial public offering (IPO) of the year. Mixue Ice Cream and Tea may be unfamiliar to many of us but the Chinese firm has more outlets than McDonald's and Starbucks.

Best Buy Weekend Sale: Record-Low Prices on Oled Tvs, Laptops, Airpods Δ1.69

As we say goodbye to February (the longest month ever, it seems), Best Buy has launched a huge weekend sale. The retailer is slashing prices on its best-selling OLED TVs, laptops, headphones, and iPads from all your favorite brands. I've gone through Best Buy's weekend sale and curated a list of the 27 best deals that are worth buying, including record-low prices on last year's best-selling products.

Palantir (PLTR) Shares Skyrocket, What You Need To Know Δ1.69

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 5.6% in the morning session after Wedbush analysts reaffirmed their Buy rating, suggesting they are unshaken in their resolve, despite the company surrendering most of its post-earnings (Q4 2024) stock gains amid worries about government budget cuts. The analysts highlighted Palantir's ability to win a bigger share of the remaining pie, citing its AI capabilities and involvement in key military projects. However, this move may be short-lived as concerns surrounding the company's financials and CEO Alex Karp's new stock plan continue to cast a shadow over the stock.

Occidental's Bold Move: Limited-Time Stock Grab--Will Investors Cash In or Miss Out? Δ1.68

Occidental is offering warrant holders a limited-time chance to cash in at a lower exercise price of $21.30 per share, down from the original $22.00, with a deal expiring on March 31, 2025. If fully taken up, this could inject about $1.6 billion into the company's coffers. The proceeds are likely aimed at cutting down debt and addressing general corporate needs.

5 Things to Know Before the Stock Market Opens Δ1.68

U.S. stock futures are indicating a downward trend following a volatile trading week, influenced by President Donald Trump's comments about potential economic recession and ongoing tariff policies. Meanwhile, Oracle's shares are dipping ahead of its anticipated earnings report, while Redfin's stock has surged due to its acquisition by Rocket Companies for $1.75 billion. Investors are also keeping an eye on the fluctuating yields of Treasury notes and the mixed performance of commodity futures, indicating a complex market environment.

Here Are Monday's Biggest Analyst Calls: Apple, Nvidia, Tesla, Chipotle, Deere, Wingstop, Anheuser-Busch Δ1.68

Analysts have issued significant ratings on several high-profile companies, including Apple, Nvidia, and Tesla, reflecting both optimism and caution in the technology and consumer sectors. Notably, Apple received a bullish outlook as demand for its products remains strong, while Nvidia's stock is buoyed by its dominance in AI technology. In contrast, Chipotle and Wingstop face mixed sentiments from analysts due to concerns over pricing strategies and competition in the fast-casual dining market.

Shareholder Pushes Seven & I to Engage With Couche-Tard Δ1.68

A shareholder in Japan’s Seven & i Holdings Co. is urging the company to more thoroughly engage with Alimentation Couche-Tard regarding its $47.5 billion acquisition proposal. Artisan Partners Asset Management has raised concerns about potential conflicts of interest within the board, particularly relating to the role of CEO Stephen Dacus in handling the bid. This pressure comes as Seven & i undertakes significant restructuring efforts aimed at unlocking shareholder value while resisting Couche-Tard's offer.

Buying Starbucks Corporation (NASDAQ:SBUX)? It's Time to Consider Δ1.68

The well-established Starbucks Corporation has seen a substantial price increase on the NASDAQGS over the last few months, but shareholders may appreciate recent gains, while still needing to determine if there's an opportunity to buy at the right time. The company's stock seems fairly valued according to our valuation model, trading around 8.6% below its intrinsic value, indicating a reasonable price for investors. However, future growth potential and the management team's track record remain important factors to consider when evaluating an investment in Starbucks.

JD.com Sales Rise Most in Years After China Consumers Awaken Δ1.68

JD.com Inc. posted its fastest revenue growth in almost three years after Beijing policies helped shore up consumer spending across the world's No. 2 economy, with sales rising by 13% to 347 billion yuan ($47.9 billion) for the December quarter. The company's strong results follow Alibaba's better-than-anticipated numbers last month, underpinning a more buoyant mood among Chinese tech companies after Beijing signaled renewed support for the private sector. Longer-term, JD is considered among the prime beneficiaries of Beijing's shift to consumption-led growth, a major change in policy driven in part by global macroeconomic uncertainty.

Nordstrom Beats Holiday-Quarter Sales Estimates; CFO Jumps Ship to Starbucks Δ1.68

Nordstrom has exceeded Wall Street expectations for its quarterly sales growth, driven by strong customer response to its offerings across both banners. The company's decision to go private with a $4-billion deal from the Nordstrom family and Mexican retailer Liverpool marks a significant strategic shift. As CEO Erik Nordstrom emphasized, customers have responded positively to the strength of the offering.

The Power Behind Mixue's IPO Δ1.68

Mixue Group, China's largest fresh-drinks chain, has launched Hong Kong's hottest initial public offering (IPO) on the strength of its supply chain and ultralow prices. The retail portion of the company's Hong Kong debut attracted more than HK$1.6 trillion (US$205.9 billion) in subscriptions, with retail investors borrowing nearly HK$1.8 trillion from brokerages to subscribe. By this metric, Mixue surpassed a record set by Ant Group's scuttled IPO in 2020 and Kuaishou Technology's share sale in 2021.