Today: 26 June 2026
Browse Category

NASDAQ:BZFD 12 May 2026

BuzzFeed Stock Nearly Doubles as Byron Allen Deal Buys Time, Not a Clean Turnaround

BuzzFeed Stock Nearly Doubles as Byron Allen Deal Buys Time, Not a Clean Turnaround

BuzzFeed shares jumped 97% to about $1.44 Tuesday after Byron Allen’s family office agreed to buy 40 million new shares at $3 each, securing 52% control. Only $20 million is due in cash at closing, with the rest as a five-year promissory note. BuzzFeed reported Q1 revenue down 12.4% to $31.6 million and a net loss of $15.1 million. The company warned of “substantial doubt” about its ability to continue operating.
12 May 2026
·
US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

US Stock Market Today After Hours: S&P 500 Hits Fresh Record as CPI Risk Looms

The S&P 500 and Nasdaq closed at record highs Monday, lifted by a surge in semiconductor stocks. After-hours, BuzzFeed soared on news of Byron Allen’s $120 million stake and CEO appointment, while GoPro jumped after announcing a strategic review. Hims & Hers fell following a surprise quarterly loss. Investors await Tuesday’s inflation data amid shifting Fed rate cut expectations.
12 May 2026
·····
Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s $120 Million BuzzFeed Takeover Puts YouTube Ambition at Center

Byron Allen’s family office will invest $120 million for a 52% stake in BuzzFeed, making him chairman and CEO and moving founder Jonah Peretti to a new AI-focused role. Allen Family Digital will pay $20 million in cash and issue a $100 million promissory note. BuzzFeed shares surged 156% after the deal, which values the stock at $3 per share, a 265.9% premium to Friday’s close. BuzzFeed’s Q1 revenue fell 12.4% to $31.6 million.
12 May 2026
·

Stock Market Today

  • Data Providers and Market Information Sources in Financial Reporting
    June 26, 2026, 2:23 PM EDT. This update outlines the key sources of market data used in financial reporting, including ICE Data Services for market information, FactSet for reference data and CUSIP database, the American Bankers Association, Quartr for SEC filings, and TradingView for financial visualization. These providers ensure accurate, timely, and comprehensive data for market analysis and investment decisions, supporting regulatory compliance and transparency in the financial sector.

Latest News

Eli Lilly (NYSE:LLY) move lifts healthcare ETF on Medicare GLP-1 signal

Eli Lilly (NYSE:LLY) move lifts healthcare ETF on Medicare GLP-1 signal

26 June 2026
Eli Lilly surged 6.5% to $1,200.98, adding $65.7 billion in value after the European Medicines Agency’s CHMP backed Jaypirca for leukemia and Medicare announced GLP-1 Bridge coverage for obesity drugs starting July 1, driving a major move in XLV due to Lilly’s 15.84% index weight.
Go toTop