China Reviews Heavy Use of Broadcom Switches in State Data Centers
China is surveying Broadcom switches in state data centers, where use may hit 90%, as Beijing pushes domestic chips and less foreign AI gear.
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#News-Driven Stocks↓
Schwab and Big Banks Slide as Vanguard’s Altruist Deal Raises AI Threat in Wealth Management
Vanguard’s reported $4B–$4.6B Altruist deal revived fears that AI will disrupt brokerage custody and idle client cash that funds broker profits.
How Meta’s $200B AI Bet Transformed an Obscure New Jersey Data Company
Hunterbrook says Meta is Innodata’s top customer. A new “long-horizon agents” contract may tie to Muse. Link unconfirmed.
Royal Caribbean Nears $6 Billion Deal to Buy Controlling Stake in Sandals Resorts
RCL is close to buying control of Sandals Resorts in a deal worth over $6 billion, its largest acquisition, to expand land-and-sea vacations.
Capri Holdings in Early Talks With Buyers as Michael Kors Turnaround Continues
Sources say Capri has opened its books to interested parties.
Trump Says U.S. Working on Cheaper Potash Deal With Belarus as Fertilizer Stocks Fall
CF, Nutrien slip as investors weigh extra supply risk.