Sinclair Builds Stake in E.W. Scripps, Eyes TV Station Merger
Sinclair acquires 8% stake in E.W. Scripps to push for merger deal. The broadcast TV consolidation could create larger competitor against streaming giants.
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Google Soars on Buffett's Backing and Massive Texas Data Center Plans
Google stock jumps 5% as Berkshire Hathaway reveals $5.1B stake and company announces $40B investment in Texas data centers through 2027.
Morgan Stanley Downgrades Dell and HP on Memory Cost Concerns
Morgan Stanley cuts Dell and HP ratings, citing rising memory costs and weak demand threatening hardware maker profits through 2026.
Barrick Gold Considers Major Company Split Into Two Entities
Barrick Mining explores splitting into separate North American and Africa-Asia entities.
Figure Technology Solutions Stock Soars on Stellar Q3 Earnings Beat
Figure Technology Solutions (FIGR) shares jumped 18% to $40.65 after reporting Q3 earnings that crushed analyst expectations, with revenue up 55% and net income surging 227% year-over-year.
Alibaba Accused of Supporting Chinese Military Operations Against US Targets
White House memo claims Alibaba provides tech support to Chinese military for operations targeting US infrastructure, raising national security concerns about data access and cyber threats.