Semiconductor Shares Slide as US-China Talks End Without Chip Deal
Chip stocks fell after a Trump–Xi meeting brought no deals. Nvidia, Intel, AMD dropped as hopes for China sales and AI growth cooled.
Chip stocks fell after a Trump–Xi meeting brought no deals. Nvidia, Intel, AMD dropped as hopes for China sales and AI growth cooled.
Private equity giants Blackstone and CD&R are exploring a bid for Magnum Ice Cream, the owner of Ben & Jerry’s and Cornetto, viewing it as a major turnaround opportunity.
Bill Ackman’s Pershing Square just took a big new stake in Microsoft. He calls the valuation “highly compelling” despite a 15% stock drop this year, citing huge AI upside in Azure, M365, and OpenAI.
Papa John’s largest U.S. franchisee, who runs nearly 300 stores, is teaming up with Irth Capital in a major $47-per-share bid to take the pizza chain private.
Byron Allen buys BuzzFeed to build a free streaming platform and targets Starz next to create a paid service and expand his media empire.
Banks are backing Fertitta with $5B to buy Caesars, valuing it over $30B and pushing the major casino deal closer to completion.