Nicolo Nourafchan, the former mergers and acquisitions attorney accused of leading a decade-long insider trading scheme that prosecutors say netted tens of millions of dollars, pleaded not guilty on Monday in federal court in Boston, along with 14 other defendants. Having
Alphabet plans to raise $80 billion through stock sales to finance its artificial intelligence infrastructure expansion, with Berkshire Hathaway contributing $10 billion through a private placement. In a statement, the company described the intended use of proceeds as "gen
Six projects covering 2.7 million sq m will be developed in partnership with domestic firms and investors, targeting key Mecca districts. Saudi Arabia’s Royal Commission for Makkah City and Holy Sites has awarded six real estate development deals worth $3.5bn. The projects
Analysts see structural supply constraints and persistent demand keeping oil prices elevated, supporting high-dividend energy stocks. Energy stocks offering high yields continue to draw investor interest as oil prices remain supported by structural supply constraints. Glob
Quick Read - SK Hynix and Micron both hit $1 trillion in market capitalization this week, joining Samsung as the world’s memory chip giants riding an unprecedented AI infrastructure supercycle. - Hyperscalers building massive AI clusters need enormous amounts of HBM to power...</
Victoria's Secret & Co. reported first-quarter net sales of $1.56 billion on Tuesday, a 15% increase from a year earlier, and raised its full-year guidance for both sales and adjusted operating income. For the fiscal first quarter ending May 2, Victoria's Secret earned $47
Cardinal Infrastructure acquires Piedmont Pipe Construction Cardinal Infrastructure Group has acquired Piedmont Pipe Construction Inc, a wet utilities contractor. The acquisition expands Cardinal's wet utility capabilities in the Charlotte market. Piedmont will o
U.S. stock futures pointed to small losses Tuesday after the major indexes reached all-time highs the previous session, driven by enthusiasm over artificial intelligence. The Dow Jones Industrial Average's futures contracts dropped 213 points, a decline of 0.4%, CNBC repor
XLV’s 0.08% expense ratio and 1.7% dividend yield surpass RSPH’s metrics, driving stronger five-year returns for investors. State Street’s Health Care Select Sector SPDR ETF (XLV) has delivered superior performance compared to Invesco’s S&P 500 Equal Weight Health Care ETF
Marvell Technology stock surged roughly 25% in premarket trading Tuesday after Nvidia CEO Jensen Huang called the chipmaker the next trillion-dollar company during an appearance at the Computex trade show in Taipei. Huang made the remark while joining Marvell CEO Matthew M
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