Angie's List, the subscription-based service that has carried reviews of home service suppliers such since 1995, is being acquired by an upstart rival, IAC's HomeAdvisor, in a deal valued at more than $500 million. The two companies will be combined into a new, publicly traded entity called ANGI Homeservices, Inc.

Even as Apple prepares to release its quarterly results tomorrow, investors with their eyes on the release of the iPhone 8 sometime this fall have sent its stock soaring.