AlexLMX/iStock via Getty Images Sandisk ( SNDK ) wholly-owned subsidiary, Sandisk Technologies, has entered into a private placement subscription agreement to make an equity investment in semiconductor firm Nanya Technology. Nanya focuses on developing, manufacturing, and selling DRAM memory. The company offers a full range of DRAM products and has developed 10nm-class technology to support the ne...
AlexLMX/iStock via Getty Images Sandisk ( SNDK ) wholly-owned subsidiary, Sandisk Technologies, has entered into a private placement subscription agreement to make an equity investment in semiconductor firm Nanya Technology. Nanya focuses on developing, manufacturing, and selling DRAM memory. The company offers a full range of DRAM products and has developed 10nm-class technology to support the next three generations of DRAM, including the DDR5 and LPDDR5 products. Pursuant to the deal , Sandisk Technologies agreed to purchase around 139M shares of Nanya common stock for ~$1B, representing ~3.9% of Nanya’s outstanding common stock on a fully diluted basis following the transaction. The purchase price reflects a 15% discount to Nanya’s 30-day average trading price, consistent with the Taiwan Securities and Exchange Act and applicable regulations. Concurrently with investment, Nanya will supply Sandisk Technologies with DRAM products via multi-year strategic supply arrangement. More on Sandisk Corporation SanDisk's Quiet AI Boom Could Still Surprise Investors Sandisk: This Nvidia GTC 2026 Announcement Could Be A Game Changer Sandisk May Not Be Peaking Yet - Buy Top performing large-cap stocks YTD as volatility hits markets Sandisk in focus as Citi ups price target after Micron results suggest continued strength
The world for SoFi Technologies (NASDAQ: SOFI) just became messier. A famous short seller -- Muddy Waters Research -- released a report last week alleging that the fast-growing lender is engaging in misleading accounting to boost its reported profitability to shareholders. Now, SoFi's stock has fallen below $20 and is down almost 50% from all-time highs set earlier in 2025. The company claims that...
The world for SoFi Technologies (NASDAQ: SOFI) just became messier. A famous short seller -- Muddy Waters Research -- released a report last week alleging that the fast-growing lender is engaging in misleading accounting to boost its reported profitability to shareholders. Now, SoFi's stock has fallen below $20 and is down almost 50% from all-time highs set earlier in 2025. The company claims that this short report has no merit, and the longtime CEO, Anthony Noto, recently bought shares in the open market. Here's what the insider buy could mean, and whether now is a great time to buy the dip on SoFi stock. SoFi operates as a digital disruptor for the banking world. With the tag line "Get Your Money Right," it wants to become a mobile app that lets customers save money and take out loans. It offers dozens of products, including high-yield savings accounts, credit cards, and personal loans. With high interest rates compared to the competition, SoFi has been able to rapidly attract deposits from customers. It added $4.6 billion in deposits last quarter alone, bringing its total to just under $38 billion. Continue reading
KNOT Offshore Partners press release ( KNOP ): Q4 net loss of $6.2 million, after recording a $20.3 million non-cash impairment in respect of the vessel Bodil Knutsen. Revenue of $96.49M (+5.7% Y/Y). Generated Adjusted EBITDA 1 of $59.3 million. Reported $137.0 million in available liquidity at December 31, 2025, which was comprised of cash and cash equivalents of $89.0 million and undrawn revolvi...
KNOT Offshore Partners press release ( KNOP ): Q4 net loss of $6.2 million, after recording a $20.3 million non-cash impairment in respect of the vessel Bodil Knutsen. Revenue of $96.49M (+5.7% Y/Y). Generated Adjusted EBITDA 1 of $59.3 million. Reported $137.0 million in available liquidity at December 31, 2025, which was comprised of cash and cash equivalents of $89.0 million and undrawn revolving credit facility capacity of $48.0 million. Fleet operated with 99.5% utilization for scheduled operations in Q4 2025, and 96.4% utilization taking into account the scheduled drydocking of the Synnøve Knutsen, for which the relevant off-hire period occurred during Q4 2025. More on KNOT Offshore Partners KNOT Offshore Partners: No Acquisition For Now - Buy The Dip (Rating Upgrade) SA analyst upgrades/downgrades: NVDA, OKLO, KNOP, WULF KNOT Offshore Partners says buyout talks terminated Seeking Alpha’s Quant Rating on KNOT Offshore Partners Historical earnings data for KNOT Offshore Partners
Nanobiotix ( NBTX ) shares rose ~7% in Paris on Wednesday after the French publication La Lettre reported that U.S. pharma giant Johnson & Johnson ( JNJ ) is eyeing a buyout deal to acquire the cancer drug developer. Paris-based Nanobiotix ( NBTX ) has an ongoing partnership with J&J ( JNJ ) to jointly develop and commercialize its lead asset, JNJ-1900 (NBTXR3), under a license agreement signed wi...
Nanobiotix ( NBTX ) shares rose ~7% in Paris on Wednesday after the French publication La Lettre reported that U.S. pharma giant Johnson & Johnson ( JNJ ) is eyeing a buyout deal to acquire the cancer drug developer. Paris-based Nanobiotix ( NBTX ) has an ongoing partnership with J&J ( JNJ ) to jointly develop and commercialize its lead asset, JNJ-1900 (NBTXR3), under a license agreement signed with the New Jersey-based drugmaker in 2023. Its shares climbed in October in reaction to initial results from a Phase 1 trial designed to evaluate the intratumoral injection as part of a combination regimen for a type of esophageal cancer called locally advanced adenocarcinoma of the esophagus. Nanobiotix ( NBTX ) has surged more than 700% in value over the past 12 months, giving it a market capitalization of $1.5B Johnson & Johnson ( JNJ ) and Nanobiotix ( NBTX ) were not immediately available for requests for comments. More on Nanobiotix, Johnson & Johnson Johnson & Johnson (JNJ) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Johnson & Johnson (JNJ) Presents at TD Cowen 46th Annual Health Care Conference Transcript Johnson & Johnson: Strong Run May Be Ending (Rating Downgrade) U.S. starts seeking drugmakers’ views in turning Trump's pricing deals into law J&J’s new psoriasis pill to rival AbbVie’s Skyrizi: BNP Paribas
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Meta news: Jury finds Meta ( META ) liable for endangering kids online, while its top brass looks set to get even richer . Mega IPO: Elon Musk's SpaceX ( SPACE ) may file for IPO later this week or next , seeking ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Meta news: Jury finds Meta ( META ) liable for endangering kids online, while its top brass looks set to get even richer . Mega IPO: Elon Musk's SpaceX ( SPACE ) may file for IPO later this week or next , seeking to raise over $75B. Six Figure Limit: The CRFB proposes capping Social Security benefits at $100K for wealthy couples . Deal, or no deal? The stock market is reacting positively to President Donald Trump's claim that Iran wants a deal to end the war, which is now in its fourth week. Even crude oil futures are down, signaling optimism over the Trump administration's eagerness to find an off-ramp from the conflict. But is there an end in sight? Washington's view: The U.S. reportedly sent Iran a 15-point plan to end the war, delivered through Pakistani intermediaries. The plan addresses Iran's ballistic missile and nuclear programs, as well as maritime routes through the Strait of Hormuz, which Tehran has effectively blocked. It remains unclear whether Israel, which has been bombing Iran alongside the U.S., is on board with the proposal. Trump also announced that Iran offered the U.S. a "present" that's "worth a tremendous amount of money" as a show of good faith amid negotiations. He said the gift was related to energy flows through the Strait of Hormuz. Tehran's response: But Iran has refuted Trump's claims. "Has the level of your inner struggle reached the stage of you negotiating with yourself ?" Ebrahim Zolfaghari, spokesperson for the Khatam al-Anbiya Central Headquarters (Iran's main military command), asked. "You will see neither your investments in the region nor the former prices of energy and oil again, until you understand that stability in the region is guaranteed by the powerful hand of our armed forces." Tehran has reportedly set a high bar for ceasefire nego...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Rebecca Torrence looks at how AI tools are changing the way business customers are thinking about their software buying habits. Tech Across the Globe Switch 2 sales: Nintendo is cutting back production of the game console after sales in the year-end holiday season trailed...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Rebecca Torrence looks at how AI tools are changing the way business customers are thinking about their software buying habits. Tech Across the Globe Switch 2 sales: Nintendo is cutting back production of the game console after sales in the year-end holiday season trailed expectations, particularly in the US. New BBC leader: Matt Brittin, a former top Google executive in the UK, is expected to be named head of the British Broadcasting Corp., becoming the first tech leader to run the storied media company. OpenAI changes: The leading artificial intelligence startup plans to discontinue its Sora video generator as part of the effort to streamline its products and focus more on business customers. Revalued Kleiner Perkins is raising $3.5 billion in a new fund to make bets on AI startups. The longtime venture capital firm, known for early investments in Google and Amazon, will put $1 billion of the new money toward its 22nd early stage fund, targeting promising new AI companies. AI’s commitment problem For more than a decade, selling software to companies has been Silicon Valley’s favorite way to lock in predictable revenue and high margins — a model that’s helped build some of the industry’s most formidable tech giants. With artificial intelligence, that model is starting to crack. The so-called SaaSpocalypse has already cratered the public market valuations of many companies that sell software as a service — a rout driven by fears that AI tools will upend how those companies make money, or replace them altogether. For example, when Amazon announced Tuesday that its cloud computing unit was developing an AI agent to automate some business functions such as sales, the exchange-traded fund tracking software dipped more than 4% , with some individual company stocks falling about 9%. Many in the industry worry that the profitable price-per-head mo...