Conagra Names New CEO to Turn Around Slumping Packaged Food Giant
Conagra names John Brase CEO as Sean Connolly steps down; company aims to boost growth amid weak sales and industry pressure.
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#Event-Driven Stocks↓
Somnigroup Buys Leggett & Platt for $2.5 Billion in All-Stock Deal
Somnigroup is buying Leggett & Platt in a $2.5B stock deal to cut costs, grow faster, and expand beyond mattresses.
Roblox Launches Roblox Kids and Roblox Select Accounts to Boost Child Safety
Roblox adds safer kids accounts with age checks, limited chat, and stricter rules to protect young players from online risks.
Anthropic Secures Major Compute Capacity from CoreWeave for Claude Expansion
Anthropic rents CoreWeave AI data centers with Nvidia chips to boost Claude’s speed, scale, and reliability as demand grows.
Amazon’s AI Revenue Crosses $15 Billion as Chip Unit Prepares for External Sales
Amazon CEO Andy Jassy reveals the company may soon sell its custom AI chips to third parties. Its in-house chip business reaches $20B annual run rate while AWS AI revenue crosses $15 billion.
Google Chooses Intel Xeon 6 for Next-Generation AI Infrastructure
Google is expanding its partnership with Intel, committing to multiple generations of Xeon processors for its AI data centers.