FINANCE
-
OpenAI is trying to make itself Elon Musk proof
Elon Musk recently attempted an unsolicited takeover of OpenAI that was rejected by CEO Sam Altman and OpenAI’s nonprofit board.…
Read More » -
Coach parent Tapestry to sell Stuart Weitzman footwear brand for $105 million
(Reuters) -Coach parent Tapestry will sell its Stuart Weitzman brand to Dr Scholl’s footwear owner Caleres for $105 million in…
Read More » -
Xi-Jack Ma Chat Seen as Next Catalyst for Blistering China Rally
(Bloomberg) — A potential encounter this week between President Xi Jinping and e-commerce icon Jack Ma, coming after a blistering…
Read More » -
Why Intel Stock Is Skyrocketing Today
Shares of Intel (NASDAQ: INTC) were up by 8.4% as of 1:45 p.m. ET Thursday after having gained as much…
Read More » -
SpringWorks Stock Jumps More Than 30% on News of Possible Deal
Idrees Abbas / SOPA Images / LightRocket / Getty Images Shares of SpringWorks Therapeutics soared on Monday following a report…
Read More » -
Browser Startup Island Valued at $4.5 Billion in Coatue-Led Round
(Bloomberg) — Enterprise software and security startup Island Technology Inc. is raising money at a $4.5 billion valuation in a…
Read More » -
Mondelez forecasts steep drop in annual profit on soaring cocoa prices
(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including…
Read More » -
-
Tesla’s $600 Billion Run-Up Looks Past Major Risks to EV Growth
(Bloomberg) — Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up…
Read More » -
$400k Now or $2,000 a Month? Here’s What to Consider
Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of…
Read More »