GameStop raised more than $934 billion through a secondary equity offering. Elliott Management acquired a stake in Texas Instruments and urged the company to take a more flexible approach to its capital spending plan. T-Mobile U.S. agreed to acquire the wireless and spectrum assets of U.S. Cellular.
TXN GME USM TMUS
TXN GME USM TMUS
Apple said revenue and earnings declined in the March quarter and announced a $110 billion stock repurchase plan. Expedia reported higher revenue in the first quarter, but the company's guidance disappointed some investors. Amgen said it plans to take its injectable weight loss drug to a phase 3 trial.
AAPL EXPE AMGN
AAPL EXPE AMGN
Starbucks reported weaker-than-expected quarterly results in the first quarter, and the coffee chain lowered its full-year outlook. Amazon said quarterly revenue growth was driven by strong gains in its cloud service business and advertising revenue. AMD reiterated its full-year outlook.
AMD PINS SMCI AMZN SBUX
AMD PINS SMCI AMZN SBUX