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11Dec

SK Hynix Eyes US Listing Amid AI-Driven Valuation Surge

South Korea’s SK Hynix on Wednesday confirmed that it is weighing a U.S. listing as the memory chipmaker’s valuation soars on global demand for artificial intelligence hardware. The company at…

11Dec

JPMorgan Taps Buffett Aide Todd Combs to Drive $1.5T National Security Push

JPMorgan Chase's most senior external hire yet, Todd Combs from Berkshire Hathaway, is set to turbocharge its $1.5 trillion push into national security. Combs, a long-serving deputy to legendary investor…

11Dec

GlobalFoundries Names Sam Franklin CFO

GlobalFoundries on Wednesday appointed Sam Franklin as its chief financial officer, succeeding David Reeder, who stepped down earlier this year. Franklin, interim CFO since October, previously served as senior vice…

11Dec

Synopsys Pops 5 Percent After Beating Q4 Revenue Estimates

Chip design software provider Synopsys beat analysts estimates for fourth-quarter revenue on Wednesday, driven by strong demand for its chip design tools, sending its shares up 5% in extended trading.…

11Dec

Lumexa Imaging raises $462.5 million in IPO

Lumexa Imaging, one of the largest U.S. diagnostic imaging services providers, said on Wednesday it has raised $462.5 million in its initial public offering. Backed by private equity firm Welsh,…

11Dec

Walmart Taps Alquist 3D to Build 8,000-Sq-Ft Pickup Hub in Tennessee

Walmart partnered with construction company Alquist 3D last year to build an almost 8,000-square-foot addition to its store in Athens, Tennessee, for online order pickup and delivery services. It is…

11Dec

Crypto slides as bitcoin falls below $90k amid AI profit worries

Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns about artificial intelligence profits weighed on technology stocks.…

11Dec

Trump Says CNN Should Be Sold in Warner Bros Discovery Deal

U.S. President Donald Trump said on Wednesday the news network CNN should be sold as part of a deal for its parent company Warner Bros Discovery or separately. "CNN should…

11Dec

Google Names Amin Vahdat Chief Technologist for AI Infrastructure

Alphabet's Google has appointed longtime executive Amin Vahdat as chief technologist for AI infrastructure, Semafor reported on Wednesday, citing an internal memo, as tech giants pour billions into the computing…

11Dec

AmEx Reports 9% Jump in US Holiday Spending

Credit card giant American Express' network saw a 9% growth in U.S. retail consumer spending around the key Thanksgiving holiday week, CEO Stephen Squeri said on Wednesday. For payments firms,…

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