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Meta Bets $900M on New WhatsApp Boss

Wednesday, June 24, 2026

Today's Trade Leaks

1
META

Meta Drops $900M on Cred as Shah Takes WhatsApp Helm

Meta just dropped $900M on Cred. Why? As WhatsApp's longtime leader steps down, Cred's founder, Kunal Shah, takes the helm. What's the play here? Is this about more than just leadership changes? What's Meta's next move with this massive investment?
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2
ORCL

Oracle Slashes 21k Jobs for $50B AI Bet with OpenAI

Oracle just axed 21k jobs. Why? To throw $50B into AI, eyeing OpenAI as a key partner. But here's the kicker: their backlog now tops their market value. Shares wobbled, dropping 10.5% YTD. Is this AI gamble a strategic masterstroke or a risky overreach?
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3
ETN

Eaton's $5.1B Mobility Spin-Off: Big Shift with Dana

Eaton's Mobility business is spinning off in a $5.1B deal with Dana. Big move. Huge implications. Why? The merger creates a $10B giant. Eaton pockets $1.1B cash, refocusing on electrical and aerospace. What does this mean for investors? Could this shift drive Eaton's next growth phase?
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