By Alexander Marrow LONDON (Reuters) – AI infrastructure firm Nebius Group on Monday said it was raising $700 million in a private placement from investors
Category: Business
BlackRock, Vanguard, State Street sued by Republican states over climate push
By Jonathan Stempel (Reuters) -BlackRock, Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset managers
Netflix set for biggest weekly gain since January after Paul-Tyson fight
By Caroline Valetkevitch NEW YORK (Reuters) – Netflix shares were on track for a fifth consecutive gain on Friday and set for their biggest weekly
Snowflake shares surge on rosy forecast, AI deal with Anthropic
(Reuters) -Snowflake’s shares surged more than 28% on Thursday after the data analytics provider raised its annual product revenue forecast, signaling growing demand for cloud-based
Citron Research discloses short position in bitcoin buyer MicroStrategy
(Reuters) – Citron Research has taken a short position in MicroStrategy, the company said in a post on social media platform X on Thursday. Shares
Nestle plays down RFK Jr’s anti-packaged food rhetoric
By Richa Naidu VEVEY, Switzerland (Reuters) -Nestle on Tuesday sought to play down any differences with Robert F. Kennedy Jr., who has been critical of
Target shares slide 20% as retailer expects stagnant holiday quarter sales
By Savyata Mishra (Reuters) -Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers
Blackstone strikes $8 billion deal for sandwich chain Jersey Mike’s Subs
By Anirban Sen (Reuters) -Blackstone has agreed to buy Jersey Mike’s Subs, the sandwich chain said on Tuesday, in a deal that a source said
Nvidia’s Blackwell revenue in focus as sales growth slows
By Arsheeya Bajwa (Reuters) – Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters. But as analysts expect a slower pace
Disney nears tipping point as streaming profits start to offset cable decline
By Aditya Soni and Jaspreet Singh (Reuters) – Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming