WallSt Focus

U.S. stocks dove on Thursday as continued pressure on Big Tech and troubling labor data reignited fears about stretched valuations and slowing growth.

Forge Global explores sale after 45% stock drop and cash decline to $80.7M. With market cap at $226M, the company seeks strategic alternatives while advancing new trading products.

Cadre to acquire TYR Tactical for $175M in cash and stock, expanding into defense gear. The deal adds $92.6M revenue, boosts margins, and strengthens Cadre’s global footprint by H1 2026.

CYH advances divestiture strategy, selling 3 PA hospitals to Tenor Health Foundation. Deal aligns with leverage reduction and turnaround plan, spotlighting CYH’s value in underserved markets.

Bitcoin extended losses on Tuesday, tumbling more than 5% to trade near $101,000 as rising selling pressure and stalled liquidity from the U.S. government shutdown weighed on the cryptocurrency.

U.S. stocks fell on Tuesday as concerns over lofty valuations hit investor confidence despite a steady stream of solid earnings.

Big tech companies are ramping up their AI investments at a rapid pace, and the scale of the outlays suggests that even if the market is in bubble territory, there may still be room to run.