The chipmaker aims to fund expansion in contract manufacturing after its stock surged over 100% this year. Intel announced a $15 billion share sale to finance its push into contract chip manufacturing, capitalizing on a stock rally driven by turnaround efforts. The move fo
GameStop may abandon its $56 billion takeover offer for eBay in favor of a commercial partnership leveraging retail locations. GameStop CEO Ryan Cohen is evaluating a withdrawal of the company’s $56 billion bid for eBay, opting instead for a strategic partnership. The prop
A 26-year-old with $45,000 in debt defends an $800 monthly entertainment budget amid rising U.S. consumer debt levels. A 26-year-old with $45,000 in debt, including $25,000 in credit card balances and $20,000 in car loans, has drawn criticism for maintaining an $800 monthl
Private equity take-private deals in the UK rise as IPO activity declines, with London listings dropping to 46% of UK businesses in 2025. Private equity-backed UK companies are increasingly avoiding London IPOs, opting for take-private deals instead. Only eight UK-headquar
The chipmaker will issue new shares to capitalize on surging demand for AI-driven computing infrastructure. Intel will raise $15 billion through a common stock offering, with underwriters granted a 30-day option to purchase an additional $2.25 billion. Proceeds will target
48% of Google Cloud Revenue Next Year Could Come From Just 2 Companies That Have Still Never Turned a Profit Quick Read - UBS estimates OpenAI and Anthropic will drive 48% of GOOGL Cloud revenue next year, while MSFT's Intelligent Cloud saw 69% of its growth from OpenAI alone. -...</stron
Quick Read - IRMAA surcharges hit 5.1 million Medicare enrollees in 2025, costing top-tier couples nearly $11,688 more per year than standard premiums. - The two-year lookback means a 2024 Roth conversion or stock sale can spike 2026 Medicare premiums with no warning on the tax...</strong
Berkshire Hathaway reported operating earnings of $12.98 billion for the second quarter of 2026, a figure that compares with $11.16 billion in the same period last year, as CEO Greg Abel stepped up share repurchases and reversed a prolonged stretch of stock selling. Abel,
Rockefeller Global Family Office acquires Jones Wealth Partners, bolstering its presence in Ohio with a new Columbus office. Rockefeller Global Family Office has expanded its Ohio operations by integrating Jones Wealth Partners, a team specializing in high-net-worth and ul
Rio Tinto’s H1 underlying earnings rose to $6.9 billion, boosted by strong industrial metals prices and AI infrastructure demand. Rio Tinto reported a 43% increase in first-half underlying earnings to $6.9 billion, driven by higher prices for copper, aluminum, and lithium.
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