People Incorporated said it has withdrawn its proposal to acquire all public shares of MGM Resorts International. Chairman and senior executive Barry Diller said the elements needed to complete the deal did not come together as the company had hoped, and it will not pursue taking MGM private at this time. He added that People Incorporated still holds 66.8 million shares, or about 27% of MGM, and remains confident in MGM’s management and prospects.

IonQ said it and Synopsys showed quantum algorithms integrated into conventional engineering software, speeding up certain complex industrial-design tasks by as much as 14.6%. The company also lifted its 2026 revenue outlook to $450 million to $460 million, including contributions from newly acquired operations. Its prior standalone guidance was $280 million to $290 million.

GameStop CEO Ryan Cohen bought 1.15 million shares on September 21 for about $26.4 million at a weighted average price of $22.9375. The purchase came less than two weeks after he bought another 1 million shares for about $20.4 million. Over the same period, directors Alain Attal and James Grube also purchased shares worth $100,000 and about $196,000, respectively.

Cathie Wood’s ARK Invest funds bought about $38 million of Meta Platforms stock on Monday, while selling nearly $7 million of CrowdStrike shares. CrowdStrike is up about 113% in 2026. In the latest quarter, its annual recurring revenue rose 25% to $5.84 billion, and net new ARR increased 51% to a record $333 million.

S&P 500 companies posted a 51% year-over-year jump in earnings per share in Q2 2026, lifting growth over the past four quarters to 26%. Major technology firms including Amazon and Meta are expected to spend about $800 billion on capital expenditures this year, up 94% from 2025. Memory-chip makers are seeing gross margins near 80%, and Goldman Sachs estimates S&P 500 earnings could fall by about 10% if overall chip gross margins drop from roughly 70% to the 15-year average of 55%. Large technology companies also generated more than $150 billion in private-investment gains during the quarter, contributing roughly 12% of S&P 500 EPS.

The U.S. Federal Communications Commission approved Paramount’s request to allow up to 49.5% foreign ownership, a move tied to its proposed merger with Warner Bros. Discovery. Paramount owns 28 television stations, requiring FCC approval to exceed the 25% foreign-ownership threshold. Shares fell more than 3% in the final minutes of Thursday trading, and the stock is down 43.87% over the past year.

The U.S. SEC issued an “Innovation Exemption” that allows platforms to trade certain tokenized U.S. stocks on blockchains for five years. SEC Chair Paul Atkins said the move is intended to help bring U.S. capital markets into the digital age. Baird analyst Robert Bamberger said the exemption is a positive for Coinbase, making its asset-class offerings more comparable to Robinhood’s. Coinbase shares rose 12% on Friday afternoon to around $194, though Wall Street’s average target price of $201.31 implies about 4% upside.

The Lufthansa Group has exercised purchase options for an additional 20 Boeing 737 MAX 10 aircraft, with deliveries expected in the early 2030s. The move follows Lufthansa’s 2023 agreement to buy 40 737 MAX 8 jets, adding to Boeing’s order backlog. Boeing shares are down 8.65% over the past year. Wall Street analysts have a Strong Buy consensus on BA, with 17 Buys and one Hold and an average price target of $274.67, implying 39.04% upside potential.

CoreWeave (CRWV) shares fell 4.2% on Thursday, even as the AI cloud company said it continues signing new compute capacity contracts at higher prices. Investors focused on a $3 billion convertible debt offering and an at-the-market program to sell up to 35 million shares. Rosenblatt analyst John McPeake reiterated a Buy rating with a $250 price target, saying the additional $6.3 billion in financing would strengthen the balance sheet.