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Business Deals News 7 January 2026 - 17 January 2026

Micron stock in focus: $1.8 billion Taiwan fab deal adds DRAM capacity as MU heads into a holiday break

Micron stock in focus: $1.8 billion Taiwan fab deal adds DRAM capacity as MU heads into a holiday break

New York, Jan 17, 2026, 07:26 EST — Market closed. Micron Technology, Inc. announced Saturday it has signed an exclusive letter of intent to buy Powerchip Semiconductor Manufacturing Corp’s P5 fab in Tongluo, Taiwan. The $1.8 billion all-cash deal is designed to boost its memory production capacity. Micron Investors have been pushing memory-chip stocks higher, betting that demand for DRAM—a…
17 January 2026
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Groww parent Billionbrains share price jumps 5%: State Street deal and broker targets keep stock in focus

Groww parent Billionbrains share price jumps 5%: State Street deal and broker targets keep stock in focus

Mumbai, Jan 17, 2026, 17:35 IST — The market has closed for the day. Billionbrains Garage Ventures Ltd, the parent company of online investment platform Groww, closed Friday up 5.41% on the NSE, finishing at 173.23 rupees after hitting a high of 179.78. Trading was robust, with around 190 million shares changing hands on the NSE. The stock also gained…
17 January 2026
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IREN stock jumps 11% as Microsoft AI cloud deal stays front and center

IREN stock jumps 11% as Microsoft AI cloud deal stays front and center

New York, Jan 16, 2026, 12:22 EST — Regular session IREN Limited shares climbed 10.6% to $57.40 by 12:22 p.m. EST on Friday, after trading as high as $57.95. The stock opened at $52.25 and was last trading with about 28.8 million shares changing hands. The move matters because IREN is increasingly being traded as an AI infrastructure play, not…
16 January 2026
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Panama Canal ports court showdown could sink CK Hutchison’s $23bn BlackRock-MSC deal

Panama Canal ports court showdown could sink CK Hutchison’s $23bn BlackRock-MSC deal

PANAMA CITY, Jan 15, 2026, 10:04 (EST) Panama’s Supreme Court is set to deliver a ruling soon on lawsuits aiming to cancel CK Hutchison’s licence for two ports at the Panama Canal’s Atlantic and Pacific gateways. The decision threatens to upend the group’s $23 billion ports sale to a consortium led by BlackRock and Mediterranean Shipping Co (MSC). Plaintiffs reference…
15 January 2026
OpenAI’s $10B Cerebras compute deal: 750MW push to make ChatGPT faster

OpenAI’s $10B Cerebras compute deal: 750MW push to make ChatGPT faster

San Francisco, January 14, 2026, 23:20 (PST) OpenAI is set to acquire up to 750 megawatts of computing capacity from chip startup Cerebras over the next three years, in a deal exceeding $10 billion, according to a source close to the matter who spoke to Reuters. The tech giant will deploy Cerebras hardware to power ChatGPT and other AI applications.…
15 January 2026
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Evolution AB stock sinks 3% in Stockholm as traders eye Feb. 5 results, Galaxy deal

Evolution AB stock sinks 3% in Stockholm as traders eye Feb. 5 results, Galaxy deal

Stockholm, Jan 14, 2026, 13:18 CET — Regular session Evolution AB (publ) shares dipped on Wednesday, marking the stock as one of the laggards in Stockholm’s trading session, despite gains across wider European markets. Evolution slipped 3.1% to 592.6 Swedish crowns, hitting a low of 585.2 earlier—matching its 52-week trough, per market data. (Investing) The stock is under renewed pressure…
14 January 2026
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Teva stock jumps after $500 million Royalty Pharma deal as investors eye JPM update

Teva stock jumps after $500 million Royalty Pharma deal as investors eye JPM update

New York, Jan 12, 2026, 10:13 ET — Regular session Teva Pharmaceutical Industries’ U.S.-listed shares jumped roughly 4% to $33.29 in Monday morning trading. The boost came after the drugmaker unveiled new funding for an experimental vitiligo treatment and offered a glimpse of its year-end outlook. This move is crucial as Teva aims to prove to investors that its growth…
12 January 2026
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S Chand share price set for Monday spotlight after S$1.5 million Singapore curriculum deal

S Chand share price set for Monday spotlight after S$1.5 million Singapore curriculum deal

BENGALURU, Jan 12, 2026, 05:13 IST — Premarket S Chand and Company shares will draw attention Monday after the Indian publisher announced its wholly owned subsidiary, New Saraswati House (India), is set to acquire 100% of CPD Singapore Education Services for S$1.5 million in cash. The payment will be made in two tranches. The company noted the deal brings international…
12 January 2026
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Bloom Energy stock rises again as AEP expands $2.65 billion fuel cell deal in Wyoming

Bloom Energy stock rises again as AEP expands $2.65 billion fuel cell deal in Wyoming

NEW YORK, Jan 9, 2026, 09:57 ET — Regular session Shares of Bloom Energy (BE.N) were up 5.1% at $128 in early New York trading on Friday, after American Electric Power’s fuel-cell purchase plan put the spotlight back on the U.S. power crunch story. The move matters because it is a rare, big-ticket utility commitment in a market where investors…
9 January 2026
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Qualcomm stock rises as Volkswagen lines up long-term Snapdragon infotainment deal

Qualcomm stock rises as Volkswagen lines up long-term Snapdragon infotainment deal

New York, Jan 8, 2026, 15:04 EST — Regular session QUALCOMM Incorporated shares rose 1.3% on Thursday after Volkswagen said it signed a letter of intent that could make the U.S. chip designer a core supplier for the carmaker’s next software platform. The stock was up at $182.54, after trading between $176.51 and $184.29, even as the Nasdaq-leaning QQQ fell…
8 January 2026
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Merck (MRK) stock slips after-hours as CDC backs one-dose HPV shot; Cidara deal closes

Merck (MRK) stock slips after-hours as CDC backs one-dose HPV shot; Cidara deal closes

New York, Jan 7, 2026, 18:52 EST — After-hours Merck & Co (MRK.N) shares edged down in after-hours trading on Wednesday after U.S. health officials updated the childhood immunization schedule and moved to a single dose for the human papillomavirus (HPV) vaccine, a change that could pressure demand for Merck’s Gardasil shot. The stock was down about 0.2% at $108.60,…
8 January 2026
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Aurora Innovation stock jumps 10% premarket as Amazon AWS, Aumovio deal spotlights driverless trucks

Aurora Innovation stock jumps 10% premarket as Amazon AWS, Aumovio deal spotlights driverless trucks

NEW YORK, January 7, 2026, 07:33 EST — Premarket Aurora Innovation, Inc. shares rose about 10% to $4.40 in premarket trading on Wednesday, adding roughly 40 cents from the prior close, after Amazon’s cloud unit and German automotive supplier Aumovio expanded a partnership linked to Aurora’s autonomous trucks. AWS will become Aumovio’s preferred cloud provider for autonomous-driving development, and the…
7 January 2026
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Stock Market Today

  • Kering (ENXTPA:KER) Valuation Check After Share-Price Weakness and Mixed Returns
    January 17, 2026, 10:24 AM EST. Kering (ENXTPA:KER) has faced renewed pressure as shares weaken. The luxury group's stock slid 4.21% in the latest session, with momentum fading over the past week, month and three months, though the 1-year total return remains positive at 22.07%. The valuation shows a P/E around 48.6x, near peers at about 53.8x. The market implies a Fair Value of €296.45 versus a last close of €288.70, a small gap. Analysts' targets range from €135.0 to €360.0, with a consensus near €200.65. Risks include revenue declines across key brands and ongoing store closures, which could pressure margins. A roughly 2.6% undervaluation signal persists, modest in the face of the earnings multiple.
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