UncategorizedBroadcom says it will sell $12 billion in AI parts and custom chips this year fwadmin / September 6, 2024 Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in fiscal 2024.
UncategorizedChina, India and more: Veteran investor shares his take on emerging markets right now fwadmin / September 6, 2024 Is it time to invest in emerging markets? One investor has strong views.
UncategorizedParamount’s Redstone to receive around $530 million between severance, benefits and sale fwadmin / September 6, 2024 Redstone holds a 20% stake in National Amusements and is in line to receive about $350 million from its sale.
UncategorizedFired CFO alleges bank invented relationship story as reason to force her out fwadmin / September 6, 2024 Nadine Ahn claims she and Ken Mason, a former bank executive, were nothing more than “good friends,” and Ahn never abused her power to orchestrate pay raises for him.
UncategorizedSalesforce to acquire startup Own for $1.9 billion in cash fwadmin / September 6, 2024 Salesforce’s deal machine is clearly working again, following announcements about small acquisitions such as PredictSpring and Tenyx.
UncategorizedThe Fed won’t save stocks, sell the first rate cut, says Stifel fwadmin / September 6, 2024 “Fed cuts are a red herring,” Stifel strategists said. “We have our doubts about the currently widespread belief that ‘Fed Cuts = Buy Stocks.’”
UncategorizedHow close is the US presidential election race? fwadmin / September 6, 2024 Harris is making big gains and has more funding but is still neck and neck with Trump in swing states, FT analysis shows
UncategorizedTrump touts economic plan to slash prices and taps Musk to help fwadmin / September 6, 2024 Former president vows to cut taxes, pare regulations, boost fossil fuels and raise tariffs
UncategorizedThe CrowdStrike outage had an outsized impact on Delta, analysts say—and its rivals are soaring because of it fwadmin / September 6, 2024 Delta’s concentrated Atlanta hub and varied fleet made it vulnerable, according to Bernstein.
UncategorizedDeutsche Bank CEO urges Germans to work harder to pull the country out of its economic lull fwadmin / September 6, 2024 “We simply have to tell our fellow citizens that we have to do more again,” Deutsche Bank’s Christian Sewing said.