Activist investor Pershing Square Capital Management said on Tuesday it plans to acquire Universal Music Group in a cash-and-stock transaction valued at approximately €55.8 billion ($64.4 billion) in a move that could shift the world’s largest music label toward a US listing while offering shareholders a substantial premium.The deal, unveiled…
Tesla reported mixed global sales trends, with gains in select international markets even as broader delivery concerns persist.In the…
Rolls-Royce share price has dived sharply in the past few months. It has dropped by over 15% from its…
Elon Musk’s aerospace company, SpaceX, has begun outlining plans for the largest initial public offering (IPO) in history.During a…
Campbell Wilson’s resignation as Air India chief executive is striking not because it comes after a failed turnaround, but…
ASML shares fell 2.6% on Tuesday after a group of bipartisan US lawmakers introduced legislation last week that could…
Artificial intelligence investing still tends to begin with the same familiar names.Nvidia, Microsoft and other mega-caps still dominate the…
Shares of Palantir Technologies continue to draw mixed views from analysts, as strong confidence in its artificial intelligence platform…