Elliott Investment Management has accumulated a stake of about $4 billion in PepsiCo Inc., the Wall Street Journal reported, citing people familiar with the matter. The holding represents…
Super Micro Computer Inc (NASDAQ: SMCI) remains in focus today after Coatue Management founder Philipe Laffont revealed he’s pulled out of AI server company.In its place, the hedge…
Shares of Reliance Industries (RIL) continued their decline on Monday, falling by close to 0.4% after their 2% drop on Friday following the company’s 48th Annual General Meeting…
The share buyback machine in the United States has never been stronger. By late August, companies had already announced more than one trillion dollars in repurchases, the fastest…
Alibaba Group shares surged in Hong Kong trading on Monday, boosted by optimism over its cloud business and improving e-commerce operations. The stock jumped as much as 19%…
OpenAI is preparing to expand its Stargate-branded artificial intelligence infrastructure into Asia with a large-scale project in India. The ChatGPT-maker is seeking local partners to establish a data…
The FTSE 100 Index has pulled back in the past few days, falling from a high of £9,358 on August 22 to £9,187 today. Still, the blue-chip index…
A quiet and tentative optimism is gracing European markets at the start of the new trading week, with stocks poised for a slightly higher open on Monday. This…
The CAC 40 Index has slumped in the past few days as concerns about the country’s political crisis has continued. It has slumped to a low of €7,740,…