Qualcomm stock (NASDAQ: QCOM) took a hit in premarket trading on Friday after China’s antitrust watchdog, the State Administration for Market Regulation (SAMR), announced it is opening an investigation into the company’s acquisition of Israeli chipmaker Autotalks. The probe will look into whether Qualcomm “failed to properly disclose some details” during the deal. Investors reacted
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Qualcomm stock (NASDAQ: QCOM) took a hit in premarket trading on Friday after China’s antitrust watchdog, the State Administration for Market Regulation (SAMR), announced it is opening an investigation into the company’s acquisition of Israeli chipmaker Autotalks. The probe will look into whether Qualcomm “failed to properly disclose some details” during the deal. Investors reacted
4.9KThe Senate is set to leave town on Friday until early next week as neither side is ready to give in the ongoing government shutdown stalemate. Lawmakers voted deep into the night on Thursday on the 2026 National Defense Authorization Act, which advanced on a largely bipartisan vote. But the $925 billion package, which authorizes
The Senate is set to leave town on Friday until early next week as neither side is ready to give in the ongoing government shutdown stalemate. Lawmakers voted deep into the night on Thursday on the 2026 National Defense Authorization Act, which advanced on a largely bipartisan vote. But the $925 billion package, which authorizes
4.9KCiti analyst Tyler Radke remains optimistic on Oracle Corp. (NYSE: ORCL) despite recent volatility in the stock. In a new note to clients, Radke raised his price target to $415 per share, up from $395 previously, implying an upside of nearly 40% from current levels. He also reiterated his buy rating, signaling continued confidence in
Citi analyst Tyler Radke remains optimistic on Oracle Corp. (NYSE: ORCL) despite recent volatility in the stock. In a new note to clients, Radke raised his price target to $415 per share, up from $395 previously, implying an upside of nearly 40% from current levels. He also reiterated his buy rating, signaling continued confidence in
4.9KThe government shutdown entered its sixth day on Monday, and Senate Democrats are so firmly planted in their position that unless there is a deal on expiring Obamacare tax credits, they will not reopen the government. Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus have largely remained unflinching in their demand that Republicans and
The government shutdown entered its sixth day on Monday, and Senate Democrats are so firmly planted in their position that unless there is a deal on expiring Obamacare tax credits, they will not reopen the government. Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus have largely remained unflinching in their demand that Republicans and
4.9KA consortium that includes BlackRock, Nvidia, Microsoft, and xAI has announced a $40 billion acquisition of Aligned Data Centers, one of the world’s largest data-centre operators. The group aims to create the physical backbone for artificial intelligence by combining investment power with technological expertise to meet the surging demand for computing capacity. The deal, marking
A consortium that includes BlackRock, Nvidia, Microsoft, and xAI has announced a $40 billion acquisition of Aligned Data Centers, one of the world’s largest data-centre operators. The group aims to create the physical backbone for artificial intelligence by combining investment power with technological expertise to meet the surging demand for computing capacity. The deal, marking
4.9KTeraWulf Inc., a US-based crypto mining firm, is preparing to raise about $3 billion to fund the expansion of its data centres, with Google Inc. backing the transaction. The deal, arranged by Morgan Stanley, is expected to be launched in October through either the high-yield bond or leveraged loan markets. The development comes at a
TeraWulf Inc., a US-based crypto mining firm, is preparing to raise about $3 billion to fund the expansion of its data centres, with Google Inc. backing the transaction. The deal, arranged by Morgan Stanley, is expected to be launched in October through either the high-yield bond or leveraged loan markets. The development comes at a
4.9KA UK court has dismissed a $440 million lawsuit against Japan’s SoftBank group filed by Credit Suisse over losses from the collapse of Greensill Capital. Judge Robert Miles of London’s High Court found that SoftBank’s activities in transactions dealing with Katerra, a US construction firm backed by the Japanese conglomerate, were in good faith. The
A UK court has dismissed a $440 million lawsuit against Japan’s SoftBank group filed by Credit Suisse over losses from the collapse of Greensill Capital. Judge Robert Miles of London’s High Court found that SoftBank’s activities in transactions dealing with Katerra, a US construction firm backed by the Japanese conglomerate, were in good faith. The
4.8KNvidia stock (NASDAQ: NVDA) slumped over 2 percent on Monday as market anxiety intensified ahead of the chipmaker’s highly anticipated earnings report scheduled for after the market close on Wednesday. The decline reflects broader nervousness in the tech sector, with investors taking profits and repositioning ahead of what may be the most consequential earnings announcement
Nvidia stock (NASDAQ: NVDA) slumped over 2 percent on Monday as market anxiety intensified ahead of the chipmaker’s highly anticipated earnings report scheduled for after the market close on Wednesday. The decline reflects broader nervousness in the tech sector, with investors taking profits and repositioning ahead of what may be the most consequential earnings announcement
4.8KNvidia stock gave up early gains on Friday as investors weighed a report about delays in a multibillion-dollar deal to supply its artificial-intelligence chips to the United Arab Emirates. The stall comes despite the chipmaker’s market capitalisation recently crossing $4.5 trillion, underscoring both its meteoric rise and growing geopolitical pressures around AI technology exports. At
Nvidia stock gave up early gains on Friday as investors weighed a report about delays in a multibillion-dollar deal to supply its artificial-intelligence chips to the United Arab Emirates. The stall comes despite the chipmaker’s market capitalisation recently crossing $4.5 trillion, underscoring both its meteoric rise and growing geopolitical pressures around AI technology exports. At
4.8KAsian markets tiptoed into Tuesday’s session, with a cautiously optimistic mood, and most benchmarks edged slightly higher, building on Wall Street’s tech-fueled surge and brightening hopes for the region’s pivotal export sectors. Investors remain mindful of looming headwinds: China’s internal struggles and a heavy monsoon of regulatory news. But for now, the rally in artificial
Asian markets tiptoed into Tuesday’s session, with a cautiously optimistic mood, and most benchmarks edged slightly higher, building on Wall Street’s tech-fueled surge and brightening hopes for the region’s pivotal export sectors. Investors remain mindful of looming headwinds: China’s internal struggles and a heavy monsoon of regulatory news. But for now, the rally in artificial
