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The Marked Chart Wire · Business
HotMarvell Lumentum
Jensen Huang is said to have given his approval for the proposed merger between Marvell Technology and Lumentum. The deal remains unconfirmed.
Part of a series: Marvell outlines AI goals and agrees to buy Lumentum
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HotMarvell Lumentum
Marvell agreed to acquire Lumentum for approximately $115 billion, valuing the target at $1,132 per share. The all-stock transaction aims to expand Marvell's AI infrastructure capabilities and is expected to close in the first half of 2028.
HotMarvell Lumentum Deal
Marvell Technology will buy Lumentum for $115 billion, including debt, in a share-only deal. The price represents a 23.9 percent premium over Lumentum's October 28 close, valuing its equity at $102.5 billion.
HotGrab
Grab released its third quarter earnings, describing the performance as mixed. The company also increased its full year 2026 financial outlook.
Match Group
Match Group indicated that margins would face a 1 percent headwind in 2027. The company noted that daily active users on its Tinder platform have returned to positive growth.
HotOracle
Oracle has priced a $20 billion capital raise consisting of 86.2 million shares at $116 and $10 billion in senior notes. The offerings are scheduled to close on November 4.
Disney
Disney is said to be considering cutting thousands of jobs, with managers instructed to reduce their teams by 20 percent.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.