News Blog

Nvidia buying AI chip startup Groq’s assets for about $20 billion in its largest deal on record

Nvidia has agreed to buy assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO of Disruptive, which led the startup’s latest financing round in September.

US weekly jobless claims unexpectedly fall

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, but the unemployment rate likely remained high in December amid sluggish hiring.

Gold Climbs Above $4,500 in Historic Rally for Precious Metals

Gold rose to an all-time high above $4,500 an ounce on escalating tensions in Venezuela and expectations for more US rate cuts. Silver and platinum also advanced to records.

Alibaba Shows China May Be the Next Frontier for Nvidia and AMD

China’s fast-growing artificial intelligence sector may be readying for major purchases of U.S. chips, creating opportunities—and competition—for the likes of Nvidia and Advanced Micro Devices.

Sanofi to acquire hepatitis B vaccine maker Dynavax for $2.2 billion

Sanofi (SASY) will buy U.S. vaccines company Dynavax Technologies (DVAX) for around $2.2 billion (1.9 billion euros), the French drugmaker said on Wednesday, a deal that will give it access to an approved hepatitis B vaccine.

Nike climbs as Apple’s Tim Cook buys $3 million in stock

Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook bought nearly $3 million worth of the sportswear maker’s stock.

Oil giant BP to sell 65% stake in $10 billion Castrol unit

Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit.

AST SpaceMobile Announces Successful Orbital Launch of BlueBird 6, the Largest Commercial Communications Array Ever Deployed in Low Earth Orbit

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the successful orbital launch of BlueBird 6.

ServiceNow’s deal blitz gives it an ‘AI control tower,’ CEO McDermott tells CNBC

ServiceNow will acquire cybersecurity startup Armis in a cash deal valued at $7.75 billion, the company said Tuesday.

New car sales in Europe rise for fifth month helped by EVs

New car sales in Europe rose year-on-year in November for a fifth consecutive month, helped by an increase in EV registrations in markets including Germany, Italy and Spain, data from the European auto lobby ACEA showed on Tuesday.

US economy expanded at a strong 4.3% annual rate in third quarter as consumer and government spending grew

US economy expanded at a strong 4.3% annual rate in third quarter as consumer and government spending grew.

Alphabet to acquire data center and energy infrastructure company Intersect

Google parent Alphabet on Monday announced it will acquire Intersect, a data center and energy infrastructure company, for $4.75 billion in cash in addition to the assumption of debt.

Visa and Mastercard report 4% growth in US holiday retail sales

Sales for U.S. retailers have increased by about 4% so far this holiday season as Americans balanced tighter budgets with a desire to upgrade gadgets and refresh wardrobes, according to preliminary figures released by Visa (V) and Mastercard (MA) on Tuesday.

A Starlink rival’s shares are surging again, as space stocks stay red-hot

AST SpaceMobile’s stock was surging Monday as investors prepare for an upcoming launch of the company’s next-generation satellites.

Target, Whole Foods and Walmart to be added to ByHeart baby formula lawsuits

Target Corp., Whole Foods Market and Walmart Inc. will soon be named as defendants in lawsuits against baby formula manufacturer ByHeart over formula potentially contaminated with botulism-causing spores.

Novo Nordisk stock surges on hopes Wegovy pill approval will deliver some ‘redemption’ for investors

Novo Nordisk shares received a much-needed end of the year boost as the Wegovy maker became the first drugmaker to secure approval of a GLP-1 pill for weight loss, in what one analyst called a “redemption for the investors” after the stock’s worst year ever.

US Industrial Production sees modest growth, outperforms forecasts

The United States’ Industrial Production, a key indicator of the country’s manufacturing, mining, and utility output, has reported a positive shift.

Εκλεισε μεγάλο ντιλ της Metlen στη Χιλή, αντίτιμο $865 εκατ.

Νέα επιτυχημένη κίνηση στο πλαίσιο του Asset Rotation Plan. Η εμβληματική συναλλαγή περιλαμβάνει την πώληση τεσσάρων φωτοβολταϊκών ισχύος 588 MW. Αύξηση ρευστότητας στη ζώνη των 3,5 δισ. ευρώ.

«Κλείνει» η μεταβίβαση της Εγνατίας στον ΓΕΚ Τέρνα

Η κοινοπραξία ΓΕΚ Τέρνα (75%) – Egis (25%) θα καταβάλει στο δημόσιο περίπου 1,269 δισ. ευρώ για την παραχώρηση της Εγνατίας.

ΟΠΑΠ: Μετοχές σχεδόν 100 εκατ. ευρώ απέκτησε η Allwyn

Στην απόκτηση 5,5 εκατ. μετοχών του ΟΠΑΠ προχώρησε η Allwyn International AG, έναντι τιμήματος περίπου 99,98 εκατ. ευρώ μέσω επιταχυνόμενου προγράμματος αγοράς μετοχών.