Intel Stock Surges 7% on Apple Chip Manufacturing Deal
Intel shares jump over 7% after analyst reports Apple may use Intel's foundries for M-series processors starting 2027, marking major win for chip giant's manufacturing business.
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ServiceNow Plans $1B+ Acquisition of Identity Security Startup Veza
ServiceNow is close to acquiring Veza for over $1B, aiming to boost its identity security capabilities across users and machine accounts.
JPMorgan Cuts Outlook for CNH Industrial After Deere’s Industry Update
JPMorgan downgraded CNH Industrial to Underweight and lowered its price target to $10, citing weaker long-term demand for large agricultural equipment as farm profitability declines.
Comcast CEO Brian Roberts Prepares Aggressive Bid for Warner Bros. Discovery Assets
Comcast's (CMCSA) Brian Roberts plans to bid $27-28 per share for WBD's studio and streaming assets, potentially surpassing rivals Netflix and Paramount despite Trump administration opposition.
Baidu Launches Major Layoffs Amid AI Competition and Revenue Decline
China's tech giant Baidu cuts jobs across multiple units as it battles AI competition and falling ad revenue, while protecting AI and cloud roles.
Chinese AI Giants Bypass US Chip Restrictions Through Overseas Training
Chinese tech companies like Alibaba and ByteDance are training AI models in Southeast Asia to access Nvidia chips, circumventing US export controls while remaining legally compliant.