Indonesian Rupiah Hits Record Low as Oil Prices Surge
Rising oil prices push the Indonesian rupiah to a new record low.
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AI-ranked · refreshes every 5 minRegulator Halts Keppel’s $1.1 Billion M1 Telco Sale
Singapore's regulator halts Keppel's $1.1 billion M1 telco sale, casting doubt on the deal.
Apple Profit Booms From Imperfect Chips
Apple continues to achieve high profits and produce popular products even when utilizing less-than-perfect chips in many of its devices.
NextEra Energy in Talks for $66 Billion Dominion Deal
NextEra Energy is reportedly in discussions to merge with Dominion Energy in a deal that would primarily involve an exchange of stock.
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Seeking Alpha
US Long Bond Yield Hits Highest Since 2023 on Inflation Concern
Bond investors flee as inflation fears drive US long bond yield to near three-year high.
Billionaire Gina Rinehart Bets $100 Million on US Defense Stocks
Australia's richest person invests $100 million in U.S. defense stocks.
45,000 Samsung Workers Strike, Threatening AI Chip Supply
A massive labor strike at Samsung's memory chip plants could disrupt production of essential components for the AI industry.
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Publicis to acquire US data firm LiveRamp for $2.2bn
Publicis Groupe is acquiring US data company LiveRamp for $2.2 billion, aiming to strengthen its artificial intelligence marketing capabilities.
US Prosecutors Scrutinize BlackRock Private Credit Fund Valuations
Federal prosecutors are investigating BlackRock's practices for valuing its private credit fund, raising concerns about potential impropriety.
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Fortune
Micron's chip contribution bolsters Nvidia's support for S&P 500 earnings
Micron Technology is contributing to S&P 500 earnings growth, reinforcing the boost provided by Nvidia's own chip advancements.
OpenAI Spent $100 Million on Talk Show
OpenAI's $100 million acquisition of a talk show highlights a shift in media deals, prioritizing human attributes as AI advances.
Earnings Preview: Nvidia, Walmart, Target, Home Depot report this week
Investors brace for a busy earnings week featuring tech giant Nvidia, retail leaders Walmart and Target, and others, offering crucial insights into market trends.