Apollo offers $11 billion for Paramount’s Hollywood studio, source says
By Dawn Chmielewski (Reuters) – Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures…
Tag: Updated
Chipmaker Micron’s shares surge as AI boom drives strong forecast
By Arsheeya Bajwa and Harshita Mary Varghese (Reuters) -Memory chip maker Micron Technology tapped a surge in artificial intelligence adoption…
Nuclear fusion backers meet in US capital as competition with China looms
By Timothy Gardner WASHINGTON (Reuters) -Leaders in the emerging Western nuclear fusion industry are convening in Washington, D.C., this week…
Chipotle shares breach $3,000 on first ever stock-split plan
By Savyata Mishra (Reuters) -Chipotle Mexican Grill’s stock breached the $3,000 mark for the first time on Wednesday and closed…
Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
By Max A. Cherney and Stephen Nellis SAN JOSE, California (Reuters) – Nvidia Chief Executive Jensen Huang on Monday kicked…
Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes closed higher on Monday, with megacap growth stocks…
Apple in talks to let Google’s Gemini power iPhone AI features, Bloomberg News says
By Martin Coulter (Reuters) -Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, Bloomberg News…
Tesla shares gain after Model Y price hike in US, Europe
By Chibuike Oguh NEW YORK (Reuters) -Shares of Tesla jumped nearly 7% on Monday after the automaker announced price increases…
Swiss bank UBS targets US deals, says chairman
ZURICH (Reuters) – Swiss banking giant UBS will look for merger and acquisitions opportunities in the United States in the…
Biden jokes about Trump’s mental fitness at Washington’s Gridiron dinner
By Stephanie Kelly WASHINGTON (Reuters) -U.S. President Joe Biden took jabs on Saturday at former President Donald Trump with jokes…