Nucor and Steel Dynamics Warn of Weaker Q4 Earnings
Nucor and Steel Dynamics expect fourth-quarter earnings to miss Wall Street estimates due to seasonal demand, lower steel prices, and maintenance outages.
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Coursera and Udemy Join Forces in $2.5 Billion Merger
Coursera and Udemy announce merger to create leading online learning platform. Combined company valued at $2.5B, set to close by H2 2026.
OpenAI and Amazon in Talks for $10 Billion AI Chip Deal
OpenAI is negotiating a $10 billion investment from Amazon to adopt Trainium chips, potentially valuing the AI company above $500 billion in a deal reshaping the AI hardware landscape.
Warner Bros. Discovery Rejects Paramount's $77.9B Hostile Bid, Backs Netflix Deal
Warner Bros. Discovery (WBD) board unanimously rejects Paramount's $77.9B all-cash offer, citing inadequate value and funding concerns, while reaffirming support for Netflix's $72B merger proposal.
Hut 8 Secures Massive $7 Billion AI Data Center Deal
Hut 8 signed a 15-year lease for a 245 MW AI data center at River Bend Campus, backed by Google and involving major financial and engineering partners.
Trump Plans to Limit Defense Contractor Payouts for Delayed Projects
Trump administration considers executive order restricting dividends, buybacks, and executive pay for defense contractors with over-budget, delayed projects.