M&A/BBs/IPOs/activism: AAPL/Devon record BBs $25B mobile Fervo/Cerebras/SpaceX/Lime surge RIA deals
Key Questions
What is the scale of Q1 buybacks and M&A?
+15% Q1 M&A with S&P buybacks at $665B; AAPL $100B, Devon $8B, BRK $397B, eBay $8.2B records.
What notable M&A and IPO activity occurred?
$25B mobile M&A, $125B rumor, RIAs 142 deals $1.67T; Lime IPO $887M +29% FCF surge.
Which companies announced major buybacks?
AAPL record $100B, Devon $8B, DVN-CTRA; industrials SPAC EPS +20% Q2-Q4 expected.
What IPOs are anticipated soon?
Fervo, Cerebras, SpaceX, Stripe, OpenAI IPOs eyed at $75B, with SpaceX/Anthropic potentially entering index funds sooner.
How is M&A lifting markets?
S&P 500 topped record close as M&A activity, like $25B deals, lifts Wall Street; Uber-backed Lime reveals revenue surge in IPO filing.
+15% Q1 M&A S&P BBs$665B AAPL$100B/Devon$8B BRK$397B eBay$8.2B $25B mobile $125 rumor RIAs142 $1.67T Lime IPO$887M+29% FCF+ DVN-CTRA Fervo/Cerebras/SpaceX/Stripe/OpenAI IPOs $75B $1.75T val industrials SPAC EPS+20% Q2-Q4.
Sources (3)
Updated May 9, 2026