Dell is a top vendor for computers required to develop and deploy artificial intelligence, especially computers based around Nvidia chips.
Kategorie-Archiv: CNBC Financial News
Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy
Conservative video platform Rumble said it will begin allocating some of its excess cash reserves to bitcoin and could buy up to $20 million in the crypto.
Banco BPM says UniCredit’s ‚unusual‘ $10.5 billion takeover offer does not reflect its profitability
UniCredit offered to snap up Banco BPM for roughly $10.5 billion on Monday.
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
The president-elect plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social.
Abercrombie expects a strong holiday quarter as growth run continues
Abercrombie & Fitch is expecting a strong holiday shopping season, and the arrest of its former CEO Mike Jeffries for sex trafficking did not seem to hit sales.
Best Buy cuts full-year sales forecast due to softer demand for consumer electronics
Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.
Dick’s Sporting Goods posts robust holiday guidance
Dick’s Sporting Goods posted cautious guidance earlier this year as it braced for the 2024 election, but it now expects sales to be better than expected.
Zoom surpasses expectations and calls for another quarter of single-digit growth
Zoom’s business is still growing, but not nearly at the rate of expansion during the Covid-19 pandemic.
Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
„I’ve never wished to create a dynasty or pursue any plan that extended beyond the children,“ Buffett wrote in a lengthy letter Monday.
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.