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Sleep Number Sold for $415 Million. Shareholders Got Nothing. Here's Why.
Sleep Number filed for Chapter 11 bankruptcy this week and agreed to sell itself to Sleep Country Canada for $415 million. The company entered bankruptcy with $672 million in debt. Our pipeline flagged the warning signs 45 days before the filing — here's what those signals looked like, and why a $415 million sale still leaves stockholders with nothing.
Read story →Tech Takes a Breather, Banks Break Out, and the AI Hardware Boom Continues!
It’s a day of sharp contrasts as tech giants face a rotation while the financial sector rallies on stellar Fed stress test results. From Micron’s AI-fueled surge to cooling energy prices, we’re breaking down the moves you need to know before the next inflation print.
Tech’s Reality Check: Why the Nasdaq Is Cooling and the Dow Is Taking the Lead
The AI-fueled rally hit a speed bump today as a $1.3 trillion tech selloff forced investors to trade high-growth dreams for defensive stability. From Alphabet’s historic Dow debut to a massive sovereign debt shakeup, here is how the market is pivoting toward profitability.
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