Britain’s Competition and Markets Authority (CMA) announced that it will not be investigating Amazon’s $4 billion investment in the artificial intelligence startup, Anthropic. This decision comes after an initial assessment concluded that the partnership does not raise significant competition concerns under the UK’s merger regulations. Amazon’s investment in Anthropic is…
The wealth of Bernard Arnault, chairman of LVMH, skyrocketed by $17 billion in a single day after China unveiled…
Kenya’s largest telecom firm, Safaricom Plc, is engaging in discussions with Elon Musk’s Starlink and other satellite companies for…
Super Micro Computer Inc (NASDAQ: SMCI) has been a big disappointment for its shareholders in 2024. The past six…
Morgan Stanley has downgraded Udemy Inc (NASDAQ: UDMY) to ‘Underweight’ from ‘Neutral’ and reduced its price target to $7.50…
Things weren’t all cupcakes and rainbows in the financial results that Costco Wholesale Corporation (NASDAQ: COST) reported last night.…
China announced several measures, including lowering the amount of cash that banks must have in reserve, to resurrect its…
Walgreens Boots Alliance (WBA) has become a fallen angel, costing investors billions of dollars in the past few years.…
GameStop (GME) stock price has moved sideways in the past few weeks as investors reflect on its recent earnings…