Rightmove has rejected a £5.6 billion takeover offer from Rupert Murdoch’s REA Group, stating it undervalues the company. Despite a 20% share price increase following news of the offer, REA has until September 30 to make a firm bid. Shareholders are unlikely to accept a takeover without a substantial offer, especially with the improving UK property market outlook benefiting Rightmove’s unique position.
Full Article
Supermicro Shares Plunge on Outlook. Is This a Red Flag or a Buying Opportunity?
Super Micro Computer (NASDAQ: SMCI) shares fell 25% over the past year after missing analyst expectations in its fiscal 2025 Q4 results, despite a nearly 50% year-to-date increase. The company has consistently reduced its revenue guidance, starting last November, leading to underwhelming fiscal Q1, Q2, and Q3 results prior to the latest disappointing report. Want More Context? 🔎
Read more