WS #11624
Multiple corporate developments: MasTec acquires Superior Group for $1.65B; Kura Sushi lowers FY26 guidance on tariff costs; Netflix, Disney, YouTube interested in FIFA World Cup rights; Broadcom extends Apple chip supply deal through 2031; Microsoft to cut 4,800 jobs; Rivian plans $1.5B share offering; Strategy sells $216M in Bitcoin. Semiconductor stocks sell off sharply after Samsung's record earnings trigger profit-taking and a report that Chinese startup DeepSeek is developing its own AI chips, raising concerns about Nvidia's dominance.
Corporate / Earnings Movers
Multiple corporate developments: MasTec acquires Superior Group for $1.65B; Kura Sushi lowers FY26 guidance on tariff costs; Netflix, Disney, YouTube interested in FIFA World Cup rights; Broadcom extends Apple chip supply deal through 2031; Microsoft to cut 4,800 jobs; Rivian plans $1.5B share offering; Strategy sells $216M in Bitcoin.
Semiconductor stocks sell off sharply after Samsung's record earnings trigger profit-taking and a report that Chinese startup DeepSeek is developing its own AI chips, raising concerns about Nvidia's dominance.