WallSt Focus

Toymaker, Mattel, Inc. saw its stock skyrocket following reports that private equity giant L Catterton has approached the toy manufacturing titan with a takeover offer.

Investors are feeling more confident than ever that the Federal Reserve's next move is a rate cut in September. This shift in monetary policy is driven by recent economic data pointing towards a cooling inflation rate and a potentially slowing labor market.

The latest reading of the Federal Reserve's preferred inflation metric, the core Personal Consumption Expenditures (PCE) index, has provided new insights into the central bank's potential rate cut timeline.

The company experienced a significant surge in its stock price, jumping 6.8% following the revelation that activist investor Jana Partners has accumulated a substantial stake in the company and is pushing for its sale.

The American labor market seems to be shifting gears. While many job openings remain, recent data suggests a slowdown in hiring and wage increases. This shift has a significant impact on the Federal Reserve's interest rate decisions and the broader economic outlook.

Investors are buzzing with excitement over Smartsheet, as the Bellevue-based software company finds itself at the center of acquisition interest from major buyout firms.

Surgery Partners has recently been buzzing over the internet after a Bloomberg report suggesting that the healthcare services company is considering strategic options, which may include a possible sale.