Memory Chip Stocks Surge on Samsung Pricing Delay and Supply Tightness
Memory chip stocks rally in premarket trading as Samsung delays DDR5 pricing amid tripling spot prices, signaling tight supply and stronger margins ahead.
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IREN Lands Massive $9.7 Billion AI Deal with Microsoft
IREN secures a historic $9.7 billion GPU cloud services contract with Microsoft to power AI infrastructure with NVIDIA's latest technology at their Texas facility.
Coeur Mining Acquires New Gold for $7B, Creates $20B Mining Giant
Coeur Mining (CDE) acquires New Gold (NGD) for $7 billion, creating a major North American precious metals producer with $20 billion market cap and seven operations across US and Canada.
Kimberly-Clark to Acquire Kenvue in $48.7 Billion Deal
Kimberly-Clark (KMB) announces acquisition of Kenvue (KVUE) for $48.7 billion, creating a global health and wellness powerhouse with 10 billion-dollar brands serving consumers worldwide.
Wall Street's Latest Stock Moves: Four Companies Catch Analyst Attention
B. Riley downgrades Rigetti Computing while UBS upgrades Cisco to Buy. Stifel initiates coverage on Intuitive Machines and Piper Sandler upgrades Roku. Here's what analysts are saying about RGTI, CSCO, LUNR, and ROKU.
Berkshire Hathaway Posts 34% Profit Jump, Cash Hits Record $381.7 Billion
Berkshire Hathaway's Q3 operating profits surge 34% to $13.5B driven by insurance gains. Cash reserves reach record $381.7B as Buffett continues selling stocks and halts buybacks.