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$400 Billion Pharma Megadeal? Jefferies Calls Potential AstraZeneca-Bristol Myers Merger A "Head Scratcher"

$400 Billion Pharma Megadeal? Jefferies Calls Potential AstraZeneca-Bristol Myers Merger A "Head Scratcher" The Financial Times reported overnight that AstraZeneca has explored acquiring Bristol Myers Squibb in a potential megadeal that would create one of the world's largest drugmakers, with a combined market capitalization of nearly $400 billion. The report cited people familiar with the matter, while both pharmaceutical giants declined to comment. Some Wall Street desks, however, are struggling to see the strategic rationale behind such a combination. FT reported: The companies have held discussions about a tie-up in recent months, according...
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Mar 24, 2026 / Tyler Durden
Drone-Attack Simulation Exposed A Grid Vulnerability
Drone-Attack Simulation Exposed A Grid Vulnerability By Robert Walton of UtilityDive U.S. electric utilities need new tools and regulatory authorizations to protect the power grid from drone attacks, experts and industry groups say. The issue has taken on new urgency recently. The Department of Homeland Security reportedly urged U.S. energy companies to increase security in response to potential threats from Iran, which has successfully used drones to target American military personnel and assets since the U.S. and Israel launched a war against Iran on Feb. 28. But power grid asset owners and operators...
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Jul 15, 2026 / Tyler Durden
PayPal Soars On Reported $53 Billion Buyout Bid From Stripe And Advent
PayPal Soars On Reported $53 Billion Buyout Bid From Stripe And Advent PayPal shares surged the most on record in premarket trading in New York after Reuters reported that payment company Stripe and private equity firm Advent International have offered more than $53 billion to acquire the struggling payments platform. PYPL shares are up 20% premarket...  It's biggest single-day jump since at least 2015 (which is near the lows where it is currently trading)... The proposed $60.50-a-share bid represents a roughly 28% premium to PayPal's Tuesday close, though it remains 80% below...
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Feb 19, 2026 / Tyler Durden
Just When You Thought Obama's Tower Of Doom Couldn't Get Any More Ugly...
Just When You Thought Obama's Tower Of Doom Couldn't Get Any More Ugly... Authored by Steve Watson via Modernity.news, Barack Obama’s infamous Presidential Center in Chicago, already slammed as a dystopian “prison-like” monstrosity, has just received a bizarre new update that’s ignited widespread mockery online. The addition of disjointed words from one of Obama’s speeches has been dubbed “headache-inducing,” amplifying the backlash against this $830 million behemoth that’s overrun budgets, displaced locals, and turned a public park into a narcissistic shrine. As construction drags on toward a June 2026 opening, the former president’s ego-driven tweaks have only...
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