Micron Set for Biggest Drop Since 2020 on Sluggish Sales Outlook
(Bloomberg) -- Micron Technology Inc., the largest US maker of computer-memory chips, is set for its biggest share decline in ...
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Fintech Startup Chime Submits Confidential Filing for IPO
(Bloomberg) -- Chime Financial Inc., a financial technology company focused on no-fee banking services, has submitted a confidential filing with ...
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Merck snags Chinese obesity drug in nearly $2 billion deal todayheadline
Merck will gain the exclusive global license for Chinese drugmaker Hansoh’s HS-10535, an experimental oral drug that targets GLP-1 receptors. ...
Read moreDetailsMicron Drops After Sluggish PC, Phone Demand Hurts Forecast
(Bloomberg) -- Micron Technology Inc., the largest US maker of computer-memory chips, tumbled in late trading after its revenue forecast ...
Read moreDetailsAI Startup Perplexity Closes Funding Round at $9 Billion Value
(Bloomberg) -- Perplexity AI Inc., an artificial intelligence startup building a search product to compete with Alphabet Inc.’s Google, has ...
Read moreDetailsDatabricks to Hit $62 Billion Valuation in New Funding Round
(Bloomberg) -- Databricks Inc. is raising $10 billion in new funding, a massive cash injection that will bring the software ...
Read moreDetailsSoftBank Pledges $100 Billion US Investment at Trump Event
(Bloomberg) -- President-elect Donald Trump announced that SoftBank Group Corp. planned to invest $100 billion in the US over the ...
Read moreDetailsSkydance Deal Sparks Studio Protest Over Paramount Chair Payout
(Bloomberg) -- Fuse Media, a Latino-owned entertainment company, has become the latest party to raise objections to the pending Skydance-Paramount ...
Read moreDetailsGrab Stock’s Big Quarter Has Some Analysts Seeing Further Gains
(Bloomberg) -- Grab Holdings Ltd.’s ability to cut costs and edge out rivals in Southeast Asia’s ride-hailing arena helped push ...
Read moreDetailsSecurity Camera Startup Verkada in Talks for $4.5 Billion Valuation
(Bloomberg) -- Security camera company Verkada Inc. is raising $200 million at a valuation of $4.5 billion, a significant premium ...
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