Some of the stocks that may grab investor focus today are:
- NVIDIA Corporation NVDA announced plans to acquire British chipmaker Arm Ltd from SoftBank Group’s Vision Fund, in a deal valued at $40 billion. Nvidia shares surged 5.6% to $514.00 in the pre-market trading session.
- Oracle Corporation ORCL is set to take over the US operations of video-sharing app TikTok, according to the Wall Street Journal. Oracle shares climbed 12.3% to $64.00 in the pre-market trading session.
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- Gilead Sciences, Inc. GILD announced plans to acquire Immunomedics, Inc. IMMU in a deal at $21 billion. Gilead shares slipped 1.2% to $64.77 in pre-market trading, while Immunomedics shares gained 106.8% to $87.35 in pre-market trading.
- Laureate Education Inc LAUR agreed to sell its Brazilian operations to Ser Educacional in a deal valued at $724 million. Laureate Education shares climbed 9.2% to close at $13.29 on Friday after Adtalem reported the purchase of Walden University from Laureate Education for $1.48 billion in cash.
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