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Tech Investor Prosus Set to Acquire JUST EAT TAKEAWAY.COM for Nearly $4.3 Billion

Just Eat Takeaway.com, a leading European food delivery giant, is poised for a significant change with the acquisition by tech investment company Prosus for nearly $4.3 billion. The deal would create a massive food delivery group worldwide and boost Prosus' portfolio in Europe. Just Eat Takeaway.com has been rapidly expanding its markets, particularly in Europe, but faces stiff competition from popular platforms like Uber Eats and DoorDash.

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Business News Roundup Faces Financial Dilemmas, Regulatory Challenges, and Competitive Pressures Δ1.73

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.

'Gamestop Effect': Retail Traders Seen Behind Eutelsat's 650% Surge Δ1.72

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.

United Parcel Service, Inc. (NYSE:UPS): A Bearish Investment Perspective Δ1.72

The bears' thesis on UPS highlights the company's vulnerabilities in a rapidly changing logistics landscape, where Amazon's growing delivery capabilities and high labor costs pose significant threats to its financials. The bearish perspective emphasizes that UPS's valuation multiple is excessive, given its stagnant growth rate and no/low growth prospects. Furthermore, the article suggests that AI stocks offer greater promise for delivering higher returns in a shorter timeframe than traditional blue-chip stocks like UPS.

Stocks of McDonald's and Other Fast Food Giants Rise, but Challenges From Trump Tariffs Loom Δ1.71

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.

Allegro Drawing Takeover Interest From ON Semiconductor, Bloomberg News Reports Δ1.71

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.

'Gamestop Effect': Retail Traders Seen Behind Eutelsat's 650% Surge Δ1.71

Eutelsat's shares have surged nearly 650% over four days, driven by a rally reminiscent of the Gamestop phenomenon, largely fueled by retail traders targeting this heavily shorted stock. The surge in stock price has been linked to speculation that Eutelsat could replace Starlink in providing internet access to Ukraine, igniting a fresh wave of investor interest. Despite this meteoric rise, analysts caution that the fundamental challenges facing Eutelsat remain, including significant investment needs and a recent downgrade in its credit rating.

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.

Big Food's Worst Nightmare Unfolds Across U.S. Supermarket Aisles Δ1.71

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.

Kraft Heinz Takes The Lead In Cheap Dividend Stock Investing Δ1.71

The Kraft Heinz Company (NASDAQ:KHC) stands out as a top contender among cheap dividend stocks to buy right now, with its stable yields and relatively low price-to-earnings ratio making it an attractive option for value investors. Compared to other large-cap food manufacturers, KHC's dividend payout has been more consistent, providing a steady source of income for shareholders. The company's market capitalization is also smaller compared to some of its competitors, which may make it easier to scale up dividend payments in the future.

Palantir (PLTR) Shares Skyrocket, What You Need To Know Δ1.71

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.

Deliveroo Exits Hong Kong Under Pressure From Meituan’s App Δ1.71

Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition from rival food delivery app KeeTa, which was launched by Chinese giant Meituan in 2023. The company's international division has been weighed down by intense competition, with Deliveroo struggling to compete on pricing and promotions. Deliveroo's exit marks a significant shift for the London-based delivery company.

DoorDash Stock Surge Looms Ahead Δ1.71

DoorDash's imminent inclusion in the S&P 500 is likely to trigger a wave of buying that could propel its stock higher as shares will be added to the key index before the start of trading on Monday, March 24. Historically, such inclusions have often led to a surge in stock prices, with the company experiencing significant price appreciation following its inclusion in the S&P 500 in 2020. The upcoming addition is expected to boost investor confidence and drive demand for DoorDash's services.

Intel Stocks Leap On Report Tied To Nvidia And Broadcom Δ1.71

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.

Atos to Launch Reverse Stock Split to Restore Investor Confidence Δ1.71

Atos will launch a reverse stock split, likely to take effect by May 1, CEO Philippe Salle said on Wednesday, as the French group seeks to restore investor confidence following the completion of a vital financial restructuring plan last year. The reverse stock split plan was nearly unanimously approved at a general meeting in January. Shares were trading down at all-time lows, around a third of a cent, after the IT company completed a 233-million-euro ($248.49 million) capital increase last year, resulting in massive shareholder dilution.

Amazon Eyes Global Expansion for Its Temu, Shein Competitor Δ1.71

Haul is set to launch globally later this year, according to two people familiar with the matter, as Amazon expands its discount storefront beyond the U.S. The company is hiring talent in various roles to support a worldwide launch, including software development engineers and senior product managers. Haul's global rollout comes after its debut in November, which aimed to bring ultra-low-priced products into one convenient destination.

AI Stock to Buy Hand Over Fist Before It Surges by 60%, According to 1 Wall Street Analyst Δ1.70

Palantir Technologies has received a new, record-high price target from Loop Capital Markets, with analyst Rob Sanderson predicting the stock will surge by 60% in the next 12 months. Despite concerns over valuation, Sanderson believes Palantir's long-term narrative and potential for growth justify the investment. The company's unique data analytics capabilities and growing adoption in the enterprise market position it for significant future success.

Buying Starbucks Corporation (NASDAQ:SBUX)? It's Time to Consider Δ1.70

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.

Tariffs Spark Cross-Border Trade Chaos, Startup Swap Seeks to Help with $40M Funding Δ1.70

Swap, a London-founded startup building tools for e-commerce companies to navigate cross-border trade, has secured $40 million in funding to expand its platform. The company aims to address the challenges of tariffs and logistics management, allowing businesses to streamline their operations and reduce costs. With 500 brands already on board, Swap plans to develop software tailored to specific industries, including beauty and consumer technology.

5 Things to Know Before the Stock Market Opens Δ1.70

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.

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

Allegro Microsystems is drawing takeover interest from larger competitor ON Semiconductor, as the sensor integrated circuits provider explores options for its future. Onsemi has been working with advisers in recent months to pursue Allegro, and it's possible other suitors could emerge for the company. The acquisition of Allegro would bolster Onsemi's automotive capabilities.

Industry Giants Enter S&P 500 Δ1.70

DoorDash Inc., Williams-Sonoma Inc., TKO Group Holdings Inc., and Expand Energy Corp. are set to join the S&P 500 index, adding a diverse range of sectors including food delivery, home accessories, sports entertainment, and energy. The additions mark a significant shift in the composition of the US equity benchmark, with implications for the companies' profiles and investors' portfolios. The companies will replace four other firms on the index prior to trading resuming on March 24.

Tesla, Inc. (TSLA) Among the Best Stocks To Invest In According to Billionaires Δ1.70

Tesla, Inc. (NASDAQ:TSLA) stands out among other stocks as a top investment choice according to billionaires and top hedge fund managers, who have invested large sums in leading companies with strong track records. The company's exceptional performance has caught the attention of investors, including billionaire investor Warren Buffett, who sold a record $134 billion of net stock in 2024. However, this move has raised concerns about potential market underperformance in 2025.

Big Food's Growth Slows as Shoppers Flock to Smaller Brands Δ1.70

Shoppers are increasingly turning to smaller food brands, seeking more affordable and less processed options, which is threatening the growth of billion-dollar products from conglomerates such as Unilever. As a result, companies like Unilever and Procter & Gamble (P&G) are facing declining profits due to reduced sales volume. The shift in consumer behavior is driven by growing demand for healthier and more sustainable food options.

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.

Shareholder Pushes Seven & I to Engage With Couche-Tard Δ1.70

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.