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Micron secures $6.1 billion US chip subsidy

The U.S. Department of Commerce has confirmed a substantial subsidy exceeding $6.1 billion for Micron Technology (NASDAQ:MU), a leading memory chip manufacturer….
Stock

ServiceTitan seeks $5.95 billion valuation in its U.S. IPO

(Reuters) – Software (ETR:SOWGn) startup ServiceTitan is seeking a valuation of $5.95 billion in its U.S. initial public offering by raising the…
Stock

This stock remains a ‘core AI holding’ says Citi

Investing.com — Arista Networks (NYSE:ANET) stock is a “core holding” for investors, Citi strategists said, citing strong demand for data center switches,…
Stock

US-listed Chinese stocks retreat after rally

US-listed Chinese stocks experienced a downturn in premarket trading as investors opted to secure profits following a significant rally. The catalyst for…
Stock

BofA clients post the largest weekly inflow since mid-September

Investing.com — BofA Securities said its clients were significant net buyers of US equities last week, with inflows totaling $6.4 billion. This…
Stock

Activist investor Barington Capital urges Macy’s to cut spending, WSJ reports

(Reuters) – Activist investor Barington Capital has built a position in Macy’s (NYSE:M) and is urging the department store chain to cut…
Stock

Investors ‘too complacent’ heading into 2025, BCA says

Investing.com — Investors may be underestimating risks heading into 2025, describing the current sentiment as “too complacent,” BCA Research said in a…
Stock

China investigates Nvidia over suspected violation of antimonopoly law

BEIJING (Reuters) – China’s market regulator has opened an investigation into Nvidia (NASDAQ:NVDA) over suspected violation of the country’s antimonopoly law, the…
Stock

Intel should have focused on AI rather than chipmaking, TSMC founder says

TAIPEI (Reuters) – Intel (NASDAQ:INTC) should have focused on artificial intelligence rather than trying to become a contract chipmaker, the founder of…
Stock

Arthur J. Gallagher to buy AssuredPartners in $13.45 billion deal

(Reuters) -Arthur J. Gallagher said on Monday it has agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal, as it…
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