Bernstein’s Mark Moerdler sees a good entry point for new investors in the stock, as Microsoft should start reaping the benefits of capex.
Curated and linked market/company news with enrichment tags.
Newest first. Open any item to read the original source.
Bernstein’s Mark Moerdler sees a good entry point for new investors in the stock, as Microsoft should start reaping the benefits of capex.
Meta commits to deploying 1 GW of custom in-house MTIA chips co-designed with Broadcom in sweeping new multiyear deal announced Tuesday
Oil held a drop, with the US and Iran looking to arrange a second round of peace talks in the coming days, as a blockade of the Strait of Hormuz continued to impede energy supplies vital for the world economy.
Oil held a drop, with the US and Iran looking to arrange a second round of peace talks in the coming days, as a blockade of the Strait of Hormuz continued to impede energy supplies vital for the world economy.
Oil flipped between gains and losses as traders weighed signs of rapidly depleting US reserves against efforts by the US and Iran to seek further talks to end a war that has brought transit through the vital Strait of Hormuz waterway to a near-halt.
Oil fluctuated as traders took stock of moves to arrange a second round of peace talks between the US and Iran, as well as the near-total, double blockade of flows of crude through the Strait of Hormuz.
Oil held onto a sharp drop from the week’s highs as the US and Iran seek further talks to end a war that has brought the vital Strait of Hormuz waterway to a near-halt.
Daiichi Life Group Inc. is tightening the process for selecting managers of private credit investments to decrease risk after several high-profile defaults overseas.
The AI trade has been full of uncertainty, but investors seem to be getting excited again
Elopn Musk, who is the world's richest person, has been counting on the greater Memphis area to serve as the backbone for xAI's buildout.
Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive.
Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive.
No summary available yet.
The war in Iran is threatening Asia’s rice harvest. Today on the Big Take Asia: What this means for the region’s tables, economies and politics.
Elopn Musk, who is the world's richest person, has been counting on the greater Memphis area to serve as the backbone for xAI's buildout.
Kraken co-CEO Arjun Sethi said the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC's previous reporting.
NBA Champion & Entrepreneur Kyle Kuzma discusses joining Sierra Racing Club as team co-owner, E1 racing, and why he's bullish on the NBA's future. He talks with Romaine Bostick for "The Close." (Source: Bloomberg)
The S&P 500 was back near its all-time high on Tuesday as investors in U.S. stocks appeared content to look past the fact that the Strait of Hormuz was still mostly closed.
Commerzbank CEO Bettina Orlopp says that she has had some talks with UniCredit SpA about a deal after the Italian bank announced a takeover bid for the German lender. She speaks with Isabelle Lee on "Bloomberg The Close." (Source: Bloomberg)
Eric Swalwell already faced a pending criminal investigation by the Manhattan DA's office over an allegation of sexual assault by another woman.
Tapestry President and CEO Joanne Crevoiserat says the company is "winning" on a global basis. Speaking with Katie Greifeld on "Bloomberg The Close," Crevoiserat says the company's organic business has an "incredible runway ahead" and sees Coach becoming a $10 billion brand. (Source: Bloomberg)
Nvidia denied rumors that it's in talks to buy a large PC company, telling CNBC in a statement that it's "not engaged in discussions."
Groot Hospitality Founder David Grutman discusses consumer spending trends, working with Bad Bunny, and his new book, ‘Take it Personal.’ He talks with Katie Greifeld and Isabelle Lee on “The Close.” (Source: Bloomberg)
The remarks show how a technology welcomed by corporations as a productivity boon can also pose serious threats, like uncovering new ways to hack into systems.
Bitcoin on Tuesday tested a key level that has blocked gains for months, as technical analysts watched for signs that the cryptocurrency may finally be ready to break out.