Tag: “Sector”

Bud Light is No Longer America’s Top-Selling Beer

Modelo Especial has quietly overtaken Anheuser-Busch InBev’s Bud Light as the nation’s top-selling beer, punctuating the impact of a boycott that followed the brand’s controversial promotion by a transgender activist.

Vodafone, CK Hutchison agree UK mobile business merger

Vodafone and CK Hutchison, which owns the Three UK mobile network, agreed to merge their U.K. businesses, following talks that have been ongoing since last year, the companies said Wednesday.

Renault’s Mobilize in talks with European retailer to provide charging boxes for EV

Renault’s new Mobilize unit is in advanced talks with a major European retailer to provide charging boxes for electric vehicles, a Mobilize spokesperson told Reuters on Wednesday.

UnitedHealth and Humana Stocks Fall as Seniors Catch Up on Surgeries, Leading to Higher Costs

Shares of UnitedHealth Group and other insurance providers tumbled Wednesday after the company said that seniors have been catching up on procedures delayed during the pandemic, leading to rising costs for insurers.

EU charges Google with anti-competitive practices in ad tech business

The European Union on Wednesday charged Google with breaching antitrust rules in advertising technology, known as adtech, and may seek the breakup of parts of the tech giant’s business to allay the bloc’s concerns.

AMD’s New Chip Fails to Impress Investors. Wall Street Still Thinks It’s an AI Winner.

Advanced Micro Devices big chip launch may have left investors feeling uninspired but Wall Street was more enthusiastic and still thinks the semiconductor company can challenge Nvidia and be an AI winner.

Amazon’s cloud unit is considering AMD’s new AI chips

Amazon Web Services, the world’s largest cloud computing provider, is considering using new artificial intelligence chips from Advanced Micro Devices Inc, though it has not made a final decision, an AWS executive told Reuters

Tesla Stock’s Winning Streak Is at Risk as the Fed Meets

Tesla‘s stock is wavering as investors wonder whether higher prices for its electric vehicles will power it to a 14th straight day of gains.

Shell boosts dividend and steadies oil output in new CEO plan

Shell will ramp up its dividend and share buybacks while keeping oil output steady into 2030, it said on Wednesday, as CEO Wael Sawan moved to regain investor confidence that wavered over its energy transition plan.

Oracle beats on top and bottom lines as cloud revenue jumps

Oracle shares climbed as much as 5% in extended trading on Monday after the software vendor announced fiscal fourth-quarter results and quarterly revenue guidance that exceeded Wall Street’s expectations.

Shares of Manchester United pop 10% after Qatar media hints at takeover bid ‘success’

Manchester United shares jumped on Tuesday, having surged as much as 30% in premarket trading, after Qatari media suggested Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid.

Toyota shares surge 5% after announcing plans for next-gen battery EVs

Shares of Japanese automaker Toyota spiked 5% Tuesday after the company announced it will introduce a full lineup of battery electric vehicles with “next generation” batteries from 2026

FTC will try to block Microsoft’s acquisition of Activision Blizzard

The Federal Trade Commission is set to file for an injunction Monday seeking to block Microsoft’s proposed acquisition of Activision Blizzard, a person familiar with the matter told CNBC.

Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion

Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors — including U.S. chip giant Nvidia, the company told CNBC exclusively.

AMD likely to offer details on AI chip in challenge to Nvidia

Advanced Micro Devices on Tuesday is expected to reveal new details about an AI “superchip” that analysts believe will be a strong challenger to Nvidia Corp, whose chips dominate the fast-growing artificial intelligence market.

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

U.S. grains merchant Bunge and Glencore -backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.

Intel Could Be Investor in Chip Designer Arm’s Blockbuster IPO

The investor frenzy over artificial intelligence may reach a crescendo yet with the initial public offering of Arm Holdings. There are signs that the high-tech chip designer is readying for a listing as the market reaches peak hype.

European Alzheimer’s experts unconvinced by new Eisai, Biogen drug

Alzheimer’s disease experts in Europe weighing potential use of a new drug from Eisai and Biogen say its ability to slow cognitive decline may not outweigh its health risks, or be worth the toll on scarce healthcare resources.

Time to Take Profits. Cathie Wood Sells Tesla, Nvidia Stocks.

After big stock rallies in shares of Tesla and Nvidia, Cathie Wood’s ARK Invest is taking some profits.

Morgan Stanley: Το καλό και το κακό σενάριο για τις τραπεζικές μετοχές

Τη συσχέτιση της επενδυτικής βαθμίδας με την απόδοση των τραπεζικών μετοχών και το ασφάλιστρο κινδύνου εξετάζει ο αμερικανικός οίκος.