J.M. Smucker explores strategic options amid activist pressure; Meta acquires AI robotics startup Assured Robot Intelligence.

J.M. Smucker has hired Goldman Sachs to review strategic options, potentially including the sale of its Hostess brand, as activist investor Elliott Management increases pressure. Meanwhile, Meta Platforms acquired Assured Robot Intelligence, a startup focused on AI for humanoid robots, marking a significant investment in robotics technology. Other companies like American Hotel Income Properties and FG Nexus are also evaluating strategic alternatives to enhance shareholder value. These moves reflect a broader trend of firms reassessing portfolios and exploring mergers, acquisitions, or sales to maximize value amid market pressures.