The wearable tech maker posted lower than expected sales for the holiday quarter, sending shares to an all-time low.
Meanwhile, Comcast shares are falling after the company made a $31 billion bid for UK broadcaster Sky.
And in other media merger news, Discovery got approval for its acquisition of Scripps, and Qualcomm introduced its latest chip meant for 5G technology.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.