Microsoft’s $MSFT Investment in Inflection AI Avoids UK Antitrust Scrutiny After Hiring Ex-Employees:
Microsoft’s investment in Inflection AI avoided in-depth antitrust scrutiny from the UK’s competition watchdog after it was ruled that the…
Day: September 4, 2024
Cantor Fitzgerald Says Big Banks and Brokerage Firms Will Embrace Bitcoin:
Cantor Fitzgerald, a renowned financial services firm, has stated that major banks and brokerage companies will dive headfirst into Bitcoin,…
Verizon $VZ in Advanced Talks to Acquire Frontier Communications $FYBR – WSJ:
Verizon Communications Inc. (VZ) is in advanced talks to acquire Frontier Communications Inc. (FYBR), according to the Wall Street Journal.…
Dunzo, the popular on-demand delivery app, has recently announced a wave of layoffs, leaving many employees jobless.
This move is attributed to a combination of factors, including increasing competition in the on-demand delivery sector and economic challenges.…
U.S. Trade Deficit Widens to $78.8 Billion, Largest in Two Years:
The U.S. trade deficit widened to $78.8 billion in August, the largest in two years, according to the Department of…
President Biden to Announce IRA Rural Energy Program Funding in Key Wisconsin District:
President Biden will announce the first tranche of funding for a rural energy program under the IRA during a visit…
US Steel CEO Warns Nippon Deal Collapse Could Lead to Plant Closures:
US Steel’s CEO, David Burritt, has warned that the collapse of the deal with Nippon Steel could result in plant…
GraniteShares Launches 3 New Single-Stock ETFs: 2x $UBER, $PLTR, and -1x $COIN:
GraniteShares, is launching three new single-stock ETFs today: 2x $UBER, $PLTR, and -1x $COIN. This move expands GraniteShares’ product offerings,…
Nordstrom Founders $JWN Offer $23 Per Share to Take Department Store Private:
The founders of Nordstrom, the renowned department store chain, have offered to buy the company for $23 per share, aiming…
Palo Alto Networks $PANW Acquires Cloud Security Assets and Customers from $IBM:
Palo Alto Networks announced on Wednesday that it had closed a $500 million deal to acquire some cloud security assets…
Dividends with pay date on 04 September 2024: available in Excel:
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Qualcomm $QCOM Launches Snapdragon X Plus 8-Core Processor, Challenging Intel and AMD in AI PC Market:
Qualcomm Incorporated, the renowned mobile chip manufacturer, has just launched the Snapdragon X Plus 8-core processor, marking a significant move…
NVIDIA Receives Antitrust Subpoena from Department of Justice – Bloomberg:
NVIDIA Corporation, the renowned graphics chip manufacturer, has received an antitrust subpoena from the U.S. Department of Justice, according to…
U.S. Stocks Wipe Out $1 Trillion in Market Correction:
U.S. Stocks Wipe Out $1 Trillion in Market Correction: The U.S. stock market experienced a $1 trillion wipeout, with a…