ReNew Energy Global (RNW) gets $6.75 per share take-private proposal
Canada Pension Plan Investment Board (CPPIB) and founder Sumant Sinha have submitted a non-binding proposal to acquire all outstanding shares of ReNew Energy Global (RNW) they do not already own for $6.75 per share. This take-private proposal, structured as a UK scheme of arrangement, offers non-consortium shareholders the option to receive cash or roll over their shares to remain investors. The consortium, which collectively holds approximately 46.61% of voting rights on a fully diluted basis, emphasizes that the proposal is non-binding and subject to regulatory approvals and definitive agreements.
IQVIA Rose 6% This Week. Here’s How Much the Stock Could Rise in 2026
IQVIA Holdings Inc. stock rose 6% this week, trading near $181 per share, as investors reassessed the impact of AI on clinical research outsourcing. The company's strong Q1 results, raised EPS guidance, and share buybacks contributed to the rally. Analysts have upgraded the stock, with a valuation model suggesting a target price of around $230, implying a 28% upside.
Former Axon exec launches drone security startup, already employs 500 after M&A deals
A former Axon executive has launched a new security startup that leverages drones, human guards, sensors, and remote command for business and event safety. The company, which is already employing 500 people, achieved this scale through several mergers and acquisitions. The startup aims to integrate advanced technology with traditional security methods.
Analysts Conflicted on These Utilities Names: Origin Energy Limited (OtherOGFGF) and Xcel Energy (XEL)
Analysts are divided on two utilities companies, Origin Energy Limited and Xcel Energy. RBC Capital maintained a Hold rating on Origin Energy with a A$13.00 price target, while Bank of America Securities analyst Paul Cole maintained a Buy rating on Xcel Energy, with an average price target that suggests a 15.0% upside. The consensus for Xcel Energy is a Strong Buy, unlike the Hold consensus for Origin Energy Limited.
Steven Madden Ltd stock (US8597301046): shares edge higher after May rebound on Nasdaq
Steven Madden Ltd (SHOO) shares have continued their rebound on Nasdaq, trading higher after reporting solid year-on-year revenue growth in their latest quarterly report. The stock is up approximately 4.4% year-to-date and is closely watched by investors for its performance in the US consumer discretionary space. Analysts project strong earnings growth for the company, making its valuation metrics a key focus for market participants.
Streamex Corp. interim chairman Lekstrom buys $147,288 in stock
Streamex Corp.'s interim executive chairman, Morgan Lee Lekstrom, acquired 47,000 shares of the company's common stock for $147,288 on January 23, 2026, despite the stock currently trading significantly below his purchase price. An amended SEC filing clarified his beneficial ownership, which now includes 87,241 direct shares and 309,500 indirect shares. The company recently reported a Q1 2026 EPS of -$0.27, launched 24/7 trading for its GLDY tokenized security, and appointed Kori Handy as VP of Product and Design.
Entergy Corp stock (US2927031058): shares priced in new equity offering near recent trading range
Entergy Corp has priced a new equity offering of approximately 19.25 million shares at USD 113 per share. This offering, detailed in a 05/21/2026 company announcement, aims to strengthen its equity base, fund capital expenditures, reduce debt, or support other balance sheet initiatives. The pricing is consistent with its recent NYSE trading range and reinforces Entergy Corp’s profile as an income-oriented, regulated utility with a recurring dividend.
Starbucks to weigh AI usage into account in tech workers' bonuses
Starbucks is linking a quarter of its tech workers' bonuses to their adoption of artificial intelligence tools, aiming to boost efficiency and justify AI spending across the company. The move reflects a growing trend among corporations to integrate AI into their workflows and measure its utilization by employees. This bonus structure also considers other departmental priorities and individual performance, even as Starbucks recently scaled back another AI initiative related to inventory counting.
Teledyne Expands Sensing Portfolio As New Launches Test Valuation Premium
Teledyne Technologies (NYSE:TDY) has recently launched new products in marine thermal imaging, unmanned ground reconnaissance, and industrial hyperspectral imaging, along with supporting the ESA's SMILE space weather mission. While these expansions into defense, industrial, and scientific markets show growth, the stock is currently trading about 11.7% above Simply Wall St's estimated fair value. Investors should monitor how these new product deployments translate into sustainable revenue to support the company's valuation premium, especially given its P/E ratio of 31.5 compared to an industry average of 29.6.
Insider Buying: Craig Kliethermes Acquires Shares of RLI Corp (R
Craig Kliethermes, CEO of RLI Insurance Company, recently purchased 2,000 shares of RLI Corp on May 27, 2026, increasing his total holdings to 150,990 shares. This transaction is part of a larger trend of insider buying at RLI Corp, with 7 insider buys and no sells over the past year. The stock is currently trading at $52, with a GF Value of $78.33, indicating that it is significantly undervalued.











