Today: 29 April 2026
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NASDAQ:NXST 19 June 2025 - 20 March 2026

Nexstar-Tegna Merger Approved by FCC, DOJ as Lawsuits Threaten $6.2 Billion Local TV Deal

Nexstar-Tegna Merger Approved by FCC, DOJ as Lawsuits Threaten $6.2 Billion Local TV Deal

Nexstar Media Group completed its $6.2 billion acquisition of Tegna on Thursday, creating the largest owner of local U.S. TV stations after receiving clearance from the FCC and Justice Department. The FCC granted a waiver allowing Nexstar to reach about 80% of TV households, despite a 39% cap. California and seven other states sued to block the deal, citing antitrust concerns. Nexstar will operate 265 stations in 44 states and Washington, D.C.
Nexstar-Tegna Merger Hit by 8-State Lawsuit, Threatening $6.2 Billion TV Deal

Nexstar-Tegna Merger Hit by 8-State Lawsuit, Threatening $6.2 Billion TV Deal

California and seven other states sued to block Nexstar Media Group’s $6.2 billion purchase of Tegna, saying it would create the largest U.S. local TV owner and drive up pay-TV costs. The complaint, filed in Sacramento federal court, says the merger would combine rival stations in 31 markets and control 221 Big Four affiliates. DirecTV filed a separate antitrust suit Thursday. Nexstar and Tegna did not comment.
Nexstar (NXST) stock jumps as Trump backs Tegna deal and FCC ownership fight heats up

Nexstar (NXST) stock jumps as Trump backs Tegna deal and FCC ownership fight heats up

Nexstar shares surged 14.3% to $252.88 Monday after former President Trump and FCC Chairman Brendan Carr backed its proposed Tegna takeover. The Senate Commerce Committee will hold a hearing Feb. 10 on broadcast ownership rules, including the 39% national cap. Tegna and other TV broadcasters also rose. Investors await regulatory signals and Nexstar’s Feb. 26 earnings.
9 February 2026
Tariff Tsunami, Tech Tumble & Peace Talk Buzz – Global Business Roundup (Aug 19–20, 2025)

Tariff Tsunami, Tech Tumble & Peace Talk Buzz – Global Business Roundup (Aug 19–20, 2025)

Nvidia shares fell sharply on August 19, 2025, as a tech selloff pulled the Nasdaq down 1.5%. President Trump met Ukraine’s president and pledged U.S. support for Ukraine’s security in any peace deal. The U.S. Commerce Department expanded 232 tariffs to 407 new categories, affecting over $200 billion in imports. New Zealand’s central bank cut rates to 3.00%, sending the kiwi dollar to $0.584.
Celestron 8SE vs Skymax 127 vs Vaonis Vespera II – Which Telescope Outshines the Rest in 2025?

Celestron 8SE vs Skymax 127 vs Vaonis Vespera II – Which Telescope Outshines the Rest in 2025?

The Celestron NexStar 8SE features an 8-inch Schmidt-Cassegrain design with a 2032 mm focal length on a computerized GoTo mount, priced around $1,200–$1,600. The Sky-Watcher Skymax 127 is a 5-inch Maksutov-Cassegrain with ~1500 mm focal length, controlled via SynScan, costing $800–$900. The Vaonis Vespera II is a fully automated 50 mm refractor with onboard imaging, priced at $1,699–$1,799.
13 August 2025
Record Closing Highs, GPT-5 Unleashed, and a $500 Billion Surprise – Business News Roundup (Aug 9–10, 2025)

Record Closing Highs, GPT-5 Unleashed, and a $500 Billion Surprise – Business News Roundup (Aug 9–10, 2025)

The Nasdaq Composite closed at its 18th record high of 2025. OpenAI launched GPT-5 for 700 million users, targeting a $500 billion valuation. Federal Reserve Vice Chair Michelle Bowman signaled three rate cuts likely by year-end. Nexstar Media Group entered advanced talks to acquire Tegna, sending Tegna shares up 30%.
Salesforce Einstein GPT Unleashed: The Ultimate Guide to CRM’s AI Revolution

Salesforce Einstein GPT Unleashed: The Ultimate Guide to CRM’s AI Revolution

Salesforce launched Einstein GPT in 2023 as the first generative AI for CRM, integrating its own models with OpenAI’s GPT on live Customer 360 data. The platform offers role-based automation for sales, service, and marketing, with Slack integration and a Trust Layer for data security. Pricing ranges from $50 to $550 per user monthly. Customers report major efficiency gains, including RBC, Heathrow Airport, and SumUp.

Stock Market Today

  • Tuya (TUYA) Stock Analysis: Fair Pricing Amid Recent Pullback and Strong Long-Term Gains
    April 29, 2026, 12:05 PM EDT. Tuya (NYSE:TUYA) shares closed at $2.28, down 3.0% in one day and 6.2% over seven days, contrasting with a 3-year total shareholder return of 28.7%. The company reported $321.8 million in annual revenue and $57.9 million net income. Trading at a price-to-earnings (P/E) ratio of 24.1x, Tuya's valuation is slightly above its fair value estimate of 23.5x and peers' average of 21.7x, but below the broader U.S. Software industry average of 30.4x. This reflects investor confidence in its profitability and growth prospects, with earnings expected to grow nearly 10% annually. Risks include dependence on Chinese market demand and relatively rich valuation compared to peers. The stock trades just 0.9% below its intrinsic value according to discounted cash flow (DCF) estimates, suggesting near fair pricing.

Latest article

Applied Materials (AMAT) Faces Fresh China Shock After U.S. Targets Hua Hong Shipments

Applied Materials (AMAT) Faces Fresh China Shock After U.S. Targets Hua Hong Shipments

29 April 2026
The U.S. Commerce Department ordered Applied Materials, Lam Research, and KLA to halt some chip-tool shipments to China’s Hua Hong, Reuters reported. The move targets shipments linked to facilities believed capable of advanced chip production. Applied reported $2.10 billion in China revenue last quarter, or 30% of its total. Shares in Applied, Lam, and KLA traded lower after the news.
Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal

Cognizant Stock Drops As Weak Revenue Outlook Overshadows $600 Million AI Deal

29 April 2026
Cognizant forecast second-quarter revenue below analyst estimates and announced Project Leap, a cost-cutting program focused on workforce reductions. Shares fell $1.67 to $53.45. The company reported first-quarter revenue of $5.41 billion, up 5.8%, and agreed to acquire AI infrastructure firm Astreya for about $600 million.
ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

ON Semiconductor Stock Jumps as Geely and NIO Deals Put 900V EV Chips in Focus

29 April 2026
ON Semiconductor shares jumped 8% Wednesday after announcing expanded silicon carbide chip deals with Geely Auto Group and NIO Inc., both focused on 900-volt electric vehicle platforms. The company’s market value reached about $41.2 billion ahead of first-quarter results due May 4. Investors are watching whether new auto-chip wins can offset uneven demand.
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