(Reuters) -Medical equipment maker Thermo Fisher is nearing an all-cash takeover of U.S-based Clario in a deal that could value the clinical trial data management company at about $10 billion, the Financial Times reported on Tuesday. Reuters could not immediately verify the report. The acquisition could be announced as early as Wednesday, provided the deal …
Thermo Fisher nears $10 billion takeover of Clario, FT reports Read More »
(Reuters) -Australia’s richest person Gina Rinehart has doubled down on her holdings in Australia’s Arafura Rare Earths, even as shares of the developer fell by more than a fifth of its value on Wednesday due to a discounted share placement. Rinehart’s Hancock Prospecting has raised its stake in Arafura to nearly 15.7% with a commitment …
Australia’s richest person doubles stake on Australia’s Arafura Rare Earths Read More »
By Blake Brittain (Reuters) -The maker of celebrity video platform Cameo sued OpenAI in a California federal court on Tuesday, arguing that the new “Cameo” feature of OpenAI’s Sora video generation app violates its trademark rights. Cameo said in the complaint that OpenAI’s Cameo, which allows users to create and share their virtual likenesses on …
OpenAI sued for trademark infringement over Sora’s ‘Cameo’ feature Read More »
By Stephen Nellis WASHINGTON (Reuters) -Nvidia and Palantir Tech on Tuesday announced a deal in which Palantir will tap Nvidia’s chips and software to help its customers speed up decision making in complex fields such as logistics. Well-known as a defense contractor, Palantir’s shares have risen this year, driven by increased defense spending on its …
Nvidia teams with Palantir to go after corporate logistics business Read More »
By Brendan O’Boyle (Reuters) -Walmart’s Mexico and Central America unit reported on Tuesday a 9% drop in third-quarter net profit, mainly due to higher financial costs and a one-off accounting adjustment, despite growth in sales and operational efficiencies. Net profit for Mexico’s largest retailer was 11.75 billion pesos ($641.41 million) in the three months through …
Walmart’s Mexico unit posts 9% drop in Q3 profit, below forecasts Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -All three major U.S. stock indexes posted record closing highs again on Tuesday as Nvidia shares gained following news it will build artificial intelligence supercomputers for the U.S. energy department, and as investors were optimistic about corporate earnings ahead of key results from megacaps this week. Nvidia CEO Jensen …
Wall Street indexes post record closing highs as Nvidia jumps, megacap earnings ahead Read More »
By Pritam Biswas (Reuters) -Visa narrowly beat estimates for fourth-quarter profit on Tuesday and gave an upbeat forecast for its new fiscal year, as strong consumer spending in the U.S. drove card transaction volumes on the payments processing company’s network. More people swiped their cards for day-to-day expenses in the July-September quarter, keeping overall consumer …
By Curtis Williams and Deisy Buitrago HOUSTON/CARACAS (Reuters) -Venezuela is seeking location and other details from Trinidad and Tobago about the first field tests to be conducted by Exxon Mobil in an ultra-deepwater area it was recently awarded in the Caribbean country, according to two sources and a document seen by Reuters. Venezuela’s Vice President …
Exclusive-Venezuela asks Trinidad to provide details of Exxon field tests, sources say Read More »
(Removes reference to vehicle launching next year in paragraph 1) (Reuters) -Lucid Group said on Tuesday it plans to launch a mid-size Level 4 self-driving electric vehicle using computer systems from Nvidia, marking a step toward cars that can operate without driver input in most conditions. Automakers are developing AI-based self-driving technology with a focus …
Lucid to launch self-driving mid-size EV with Nvidia chips Read More »
(Reuters) -Enphase Energy forecast fourth-quarter revenue below Wall Street estimates on Tuesday, and said U.S. President Donald Trump’s tariffs had a negative impact on its margins, sending the solar inverter maker’s shares down over 8% after hours. The company said the tariffs hit its third-quarter margins by 4.9% points and they are also expected to …
Enphase Energy forecasts fourth-quarter revenue below estimates, signals tariff hit Read More »
