Anglo American Deal Report; Dell Declines on CFO Departure; Oracle
Stock Movers9 Sep 2025

Anglo American Deal Report; Dell Declines on CFO Departure; Oracle

On this episode of Stock Movers:
- Anglo American (NGLOY) shares are higher to its highest intraday level in almost seven months following news it is in advanced talks to acquire Canada's Teck Resources Ltd. in a potential purchase that could be announced as early as this week. A combination of the two companies would rank among the biggest ever in the mining industry and mark the culmination of several years of revived dealmaking activity among the largest players
- Nebius (NBIS) jumped in premarket trading after the AI-centric cloud platform company said it will provide Microsoft access to GPU infrastructure capacity at its new data center in Vineland, New Jersey, over five years. Total contract value is $17.4b through 2031, or as much as $19.4b if Microsoft acquires additional services and/or capacity.
- Dell Technologies (DELL) fell after the computer hardware maker said CFO Yvonne McGill is stepping down after two years in the role and will be replaced on an interim basis by David Kennedy. Analysts are surprised by the announcement and note that it might cause investor concerns ahead of the firm’s key analyst meeting.
- Oracle (ORCL) shares are moving after The Information reported executives are discussing eliminating cash raises and bonuses for employees in 2025, as it aims to cut spending in other areas to boost its AI data center investments. They may offer additional stock grants to make up for cash compensation.Eric Mollo

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