Devon Energy announces merger with Coterra Energy
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Speculation that Elon Musk may merge SpaceX and xAI ahead of a potential IPO is reviving hopes—and concerns—about AI convergence across his companies, including Tesla.
Devon plans to buy Coterra in an all-stock deal, as the companies look to increase scale so they can compete with larger rivals in the Permian Basin.
Fifth Third Bancorp said Monday it has completed its merger with Comerica Inc., creating the nation’s ninth-largest bank. In the fall, Cincinnati-based Fifth Third had agreed to acquire Detroit-founded Comerica in an all-stock deal valued at $10.9 billion. The merger creates a bank with about $294 billion in assets, officials said.
Even with the more recent turbulence, shares of Tesla (NASDAQ:TSLA) have been making up for lost time in the past six months, up close to 40%. Thank the robotaxi opportunity and the rise of the Optimus humanoid robot,
Shares jump 10% on merger talks with Automation Anywhere. Early discussions could lead to acquisition and public listing for combined firm.
A recently completed merger sets the stage for increased profitability.
PLEASANTON, Calif. and ARLINGTON, Va., Nov. 10, 2025 /PRNewswire/ --Movano Inc. ("Movano") (Nasdaq: MOVE) and Corvex, Inc. ("Corvex"), an AI cloud computing company ...