SNBR News & Events

Sleep Number announced a strategic partnership with Super Bowl champion Travis Kelce and welcomed him as its newest investor. "Travis Kelce brings a winning mindset on and off the field. He understands first-hand the importance of sleep in everyday performance, especially in recovery," said Linda Findley, Sleep Number president and CEO. "Travis' passion for and awareness of the health benefits of sleep, combined with his business acumen, will be a helpful accelerator of our work as we continue to share our story and attract new, younger consumers to the brand." Through this strategic partnership, Sleep Number and Kelce will work together to share Kelce's Sleep Number journey and the effects Sleep Number products have had on his performance, recovery and overall wellbeing. Over the next three years, Kelce will be featured in Sleep Number's national advertising campaigns, including new TV commercials and digital content across social platforms and other channels. Kelce will become one of Sleep Number's top shareholders with under 5% company ownership, aligning his interests with that of all shareholders.

The major averages finished broadly higher, indicating some stabilization after yesterday's pullback. Some of the gains are related to the rise in Bitcoin, which also recouped some of its Monday losses, while companies in the AI space also supported the broader market.Looking to commodities, gold was sharply lower, giving back some of yesterday's gains. Meanwhile, oil prices fell ahead of this afternoon's API crude numbers.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Prediction markets company Kalshi announced a Series E funding round ofMongoDBprovided areport for Q3Credo Technologyreportedand provided upbeat Q3 revenue guidanceSignet Jewelersalso provided areport for Q3The Attorneys General of all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islandswith Google2. WALL STREET CALLS:Teradyneto Buy at Stifel on accelerating growthTruistSix Flagsto Buy on "promising" new CEOSymboticto Sell at Goldman SachsCloudflarewith an Overweight at BarclaysCircle Internetwith an Underperform at Wolfe Research3. AROUND THE WEB:Comcastis seeking to combine NBCUniversal with Warner Bros.,Netflixhas removed the ability to cast shows and movies from phones to TVs, including Chromecast with Google TV and Google TV Streamerdevices, unless subscribers are using older casting devices,Disney'sboard plans to announce a successor to CEO Bob Iger in early 2026, with internal candidates Josh D'Amaro and Dana Walden, the parks chief and television head, respectively, as leading contenders,BPhas withdrawn its application for the H2Teesside hydrogen hub in northern England after a planned data center project created a conflict over the same site,Banco Santanderhas sold a 3.5% stake in Santander Bank Polska for $473.1M, following its earlier agreement to divest roughly half of the unit to Erste Group,4. MOVERS:Eventbriteincrease after announcing itby Bending Spoons for $500M in cashBoeinggains after beingand CFO Jay Malave stating the company's recovery is in "full force"T1 Energyhigher after Johnson Riceof the stock with a Buy ratingJanux Therapeuticslower afterfor JANX007Vestisfalls afterand providing guidance for FY265. EARNINGS/GUIDANCE:Driven Brandsfor FY25United Natural Foods, with CEO Sandy Douglas commenting, "We started fiscal 202 with another quarter of solid execution"Encompass Healthreaffirmed itsSleep Numberbacked itsVillage Super Market, with EPS lower year-over-yearINDEXES:The Dow rose 185.13, or 0.39%, to 47,474.46, the Nasdaq gained 137.75, or 0.59%, to 23,413.67, and the S&P 500 advanced 16.74, or 0.25%, to 6,829.37.