NasdaqGS:GFS
NasdaqGS:GFSSemiconductor

GlobalFoundries (NasdaqGS:GFS) Sees 12% Rise Following Merger Speculation Last Week

GlobalFoundries (NasdaqGS:GFS) has been in the spotlight following rumors of a potential merger with United Microelectronics Corporation (UMC), aiming to create a formidable U.S.-based semiconductor entity. This speculation may have influenced the company's notable 12% price increase last week. While the broader market has risen 7% over the past week, driven by strong earnings and an optimistic outlook on tariffs, the merger discussions likely bolstered GlobalFoundries' performance. The...
NYSE:TKO
NYSE:TKOEntertainment

Mattel Licensing Extension With WWE Reaffirmed For TKO Group Holdings (NYSE:TKO)

The recent multi-year licensing agreement extension between Mattel, Inc. and WWE, a subsidiary of TKO Group Holdings (NYSE:TKO), has reaffirmed a successful and long-standing partnership since 2010, allowing for continued production of WWE-themed products. This extension aligns with WWE's international expansion through its partnership with Netflix, as evidenced by the streaming of "Monday Night Raw" on the platform in the U.S. TKO's share price rose by 12% over the past week, aligning with...