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↗️ GMS (GMS): The building-products distributor will be bought for about $4.3 billion by Home Depot (HD), which won a bidding war over QXO (QXO). GMS shares jumped 12% early Monday. ↗️ Goldman Sachs (GS), Wells Fargo (WFC): Both stocks rallied in after the Federal Reserve said late Friday that America’s large banks cleared its annual stress test...
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(Bloomberg) -- Canada withdrew its digital services tax on technology companies such as Meta Platforms Inc. and Alphabet Inc. in a move to restart trade talks with the US.Most Read from BloombergPhiladelphia Transit System Votes to Cut Service by 45%, Hike FaresStruggling Downtowns Are Looking to Lure New CrowdsSqueezed by Crowds, the Roads of Central Park Are Being ReimaginedSprawl Is Still Not the AnswerSao Paulo Pushes Out Favela Residents, Drug Users to Revive Its City Center“Rescinding the...
Continue ReadingDavid Keller on the juxtaposition between market highs and economic uncertainty. Bitcoin's technicals and practical value...
Continue ReadingMicrosoft Corporation's 'Mu' redefines AI with private, on-device inference, addressing privacy concerns and enabling an 'AI-native' OS. Click for my MSFT stock update...
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Investing.com -- Apple faces significant uncertainty ahead of its fiscal third-quarter earnings, with MoffettNathanson warning that the coming report “will be unusually difficult to make sense of.”...
Continue ReadingMicrosoft AI CEO Mustafa Suleyman talks to Yahoo Finance about a new diagnostic breakthrough, the future of medical AI, and the tech giant's evolving relationship with OpenAI...
Continue ReadingINTC slashes up to 20% of its workforce, exiting auto chips to cut costs and refocus on core PC and data center segments...
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