Today: 9 June 2026
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TSX:2502 4 October 2025 - 12 January 2026

Diageo shares rise as Kenya court keeps $2.3bn Asahi deal moving

Diageo shares rise as Kenya court keeps $2.3bn Asahi deal moving

Diageo shares rose about 1.4% in early London trading after a Kenyan court allowed regulatory reviews to proceed on its planned $2.3 billion sale of East African Breweries to Asahi. The court paused the deal’s final steps until Jan. 20. The case stems from a challenge by Bia Tosha Distributors. Diageo will report interim results on Feb. 25.
12 January 2026
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Diageo Shares Jump on $2.3bn Asahi Deal: What Today’s Kenya Exit Means for a Turnaround, Dividends and the £16 “Value” Debate

Diageo Shares Jump on $2.3bn Asahi Deal: What Today’s Kenya Exit Means for a Turnaround, Dividends and the £16 “Value” Debate

Diageo agreed to sell its 65% stake in East African Breweries to Asahi for $2.3 billion, with the deal expected to close in the second half of 2026 pending approvals. The transaction will reduce Diageo’s leverage by about 0.25x. Diageo shares rose 2.3% after the announcement. The company will retain brand presence in East Africa through long-term licensing agreements.
17 December 2025
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Diageo Shares Jump After $2.3bn Asahi Deal: Guinness Owner Sells East African Breweries Stake as Turnaround Debate Intensifies

Diageo Shares Jump After $2.3bn Asahi Deal: Guinness Owner Sells East African Breweries Stake as Turnaround Debate Intensifies

Diageo agreed to sell its 65% stake in East African Breweries to Asahi Group for about $2.3 billion, with completion expected in the second half of 2026. The deal values EABL at $4.8 billion. Diageo shares rose to around 1,720p in London after the announcement but remain far below their 2022 peak of over 4,000p. Diageo will keep a regional presence through licensing agreements.
17 December 2025
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Tech Turmoil: AI Mega-Deals, Big Tech Battles & Space Surprises Rock October 2025

Tech Turmoil: AI Mega-Deals, Big Tech Battles & Space Surprises Rock October 2025

OpenAI signed a multi-year deal to buy hundreds of thousands of AI chips from AMD, sending AMD shares up 34% in one day. The agreement could generate over $100 billion for AMD and gives OpenAI an option for a 10% stake. An AMD executive called the partnership “transformative” for the industry.
7 October 2025
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AI Breakthroughs, Cyber Attacks & a $50B Gaming Shock – Tech News Roundup (Oct 4-5, 2025)

AI Breakthroughs, Cyber Attacks & a $50B Gaming Shock – Tech News Roundup (Oct 4-5, 2025)

OpenAI’s Sora 2 generative video app reached 56,000 downloads on its first day, topping Apple’s U.S. App Store. Electronic Arts is in advanced talks for a $50 billion buyout to go private. Japan’s Asahi Breweries halted production after a cyberattack, while WestJet confirmed a data breach exposing thousands of passport scans. OpenAI’s valuation hit $500 billion after a $6.6 billion secondary share sale.
5 October 2025
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AI Bubble Alarms, Pixel 10 Launch & Beer Shortages: Tech News Roundup (Oct 3–4, 2025)

AI Bubble Alarms, Pixel 10 Launch & Beer Shortages: Tech News Roundup (Oct 3–4, 2025)

Amazon’s Jeff Bezos warned of an “industrial bubble” in AI investment, echoing concerns from OpenAI’s Sam Altman about coming “booms and busts.” Google launched its Pixel 10 lineup and Pixel Watch 4 with upgraded chips and AI features. A ransomware attack halted Asahi Breweries’ beer production in Japan for five days. OpenAI’s valuation hit $500 billion after employee stock sales, surpassing SpaceX and ByteDance.
4 October 2025
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Stock Market Today

  • Marvell Technology Stock Surges on S&P 500 Inclusion News
    June 8, 2026, 11:26 PM EDT. Shares of Marvell Technology (NASDAQ: MRVL) jumped as the semiconductor firm was announced to join the S&P 500 index on June 22, replacing Campbell Soup and Pool Corp. Inclusion means funds tracking the S&P 500, such as the Vanguard ETF with over $1 trillion assets, will buy Marvell shares, driving demand and boosting its price. Marvell's role in providing critical tech for AI, notably high-speed optical networking, supports a positive outlook beyond the index effect. Nvidia CEO Jensen Huang cites Marvell's importance to AI infrastructure. However, some analysts, including Motley Fool's Stock Advisor, did not list Marvell among top picks, advising caution despite strong recent performance.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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