Texas Instruments announced Friday it will receive up to $1.6 billion from the U.S. Commerce Department for new chip facilities.The U.S. CHIPS and Science Act funding…
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Britain’s Revolut, valued at $45 billion through a share sale, surpasses some of Europe’s largest banks, the firm announced Friday.Revolut stated that Coatue, D1 Capital Partners,…
Ola Electric surged 20%, reaching a $6.99 billion valuation, after launching motorcycles and promising lower costs with in-house batteries.The e-motorcycle launch will heighten competition in India’s…
Mars is acquiring Cheez-It maker Kellanova for $36 billion, uniting brands like M&M’s, Snickers, Pringles, and Pop-Tarts.Mars will pay $83.50 per Kellanova share, a 33% premium…
On Wednesday, Wall Street’s indexes were mixed as Alphabet fell, but moderating inflation kept hopes alive for a modest Fed rate cut.After a report, Google’s parent…
Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth.The world’s largest electronics maker anticipates strong AI…
U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…
On Tuesday, Alphabet’s Google unveiled new Pixel smartphones with advanced AI integrations, racing to enhance its hardware with AI.The event at Alphabet’s Bay View campus breaks…
U.S. stocks reached a two-week high Tuesday as softer producer prices fueled expectations of a September Federal Reserve rate cut.Megacap and growth stocks, led by Nvidia’s…
Wall Street’s indexes fluctuated amid recession fears and a yen surge, capping off a volatile week in global marketsAll major indexes faced weekly losses, with the…