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NYSE:BLD 19 April 2026

QXO to Buy TopBuild for $17 Billion in Brad Jacobs’ Biggest Building-Products Push Yet

QXO to Buy TopBuild for $17 Billion in Brad Jacobs’ Biggest Building-Products Push Yet

Greenwich, Conn., April 19, 2026, 14:39 EDT QXO announced Sunday it’s buying TopBuild, an insulation and commercial roofing specialist, in a deal valued at roughly $17 billion—cash and stock combined. That marks another big move for billionaire Brad Jacobs as he pushes deeper into building-products distribution. QXO expects the acquisition will boost earnings shortly after closing.
19 April 2026

Stock Market Today

  • Investors Look at Xero, Light & Wonder for Cheap Cash Flow
    June 30, 2026, 12:25 AM EDT. With inflation and credit conditions still in focus, investors are watching companies that churn out cash flow. Xero (ASX:XRO), which makes cloud systems for small businesses, is valued at A$12.3 billion and brings in NZ$2.8 billion revenue. The stock trades at a high P/E ratio and leans on outside capital, but its AI efforts and move into more products point to room to grow. Light & Wonder (ASX:LNW) out of Las Vegas shows up too, pulling US$3.3 billion in sales and posting an A$8.8 billion market cap. Both stocks sit below their calculated fair value on DCF screens, drawing in value players on cash strength instead of market buzz.
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