GameStop (GME) stock plummeted as much as 19% in early trading Thursday after the video game seller announced that it…
Tag: billion
Nissan supplier Marelli files for Chapter 11, secures $1.1 billion in new financing
TOKYO (Reuters) -Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese…
Search startup Glean’s valuation hits $7.2 billion in AI funding boom
By Ateev Bhandari and Arasu Kannagi Basil (Reuters) -Glean said on Tuesday it was valued at $7.2 billion in its…
Amazon to invest $20 billion in Pennsylvania to expand cloud infrastructure
(Reuters) -Amazon.com said on Monday it plans to invest at least $20 billion in Pennsylvania to expand data center infrastructure,…
Live Nation plans to invest $1 billion in new and renovated venues across the US over the next 18 months
Live music giant Live Nation plans to invest $1 billion in 18 new and renovated venues across the US over…
Qualcomm strengthens AI portfolio with $2.4 billion Alphawave deal
By Yamini Kalia (Reuters) -U.S. chipmaker Qualcomm agreed to acquire Alphawave for about $2.4 billion on Monday, as it expands…
Warren Buffett’s AI legacy: Apple and Amazon now make up a fifth of Berkshire’s $282 billion portfolio
Billionaire investor Warren Buffett has long steered clear of Silicon Valley’s flashiest trends. But as he prepares to step down…
Musk’s Net Worth Plummeted by $34 Billion
Elon Musk’s net worth tumbled on Thursday as a bitter dispute erupted between him and President Donald Trump. Musk’s net…
‘US is not the victim…’: GTRI founder says India fuels a hidden $40 billion American surplus
India isn’t bleeding the U.S. economy—it’s feeding it, says Ajay Srivastava, founder of the Global Trade Research Initiative, who argues…
Amazon to invest $10 billion in North Carolina to expand cloud, AI infrastructure
(Reuters) -Amazon.com is investing $10 billion in North Carolina to expand its artificial intelligence infrastructure, further deepening its presence in…