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Meme stock GameStop climbs after raising $933 million in share sales

Financial Wealth DailyMay 28, 2024January 28, 20250

(Reuters) -GameStop jumped 14% on Tuesday after the struggling video game retailer said it had raised $933 million by cashing…

  • Business

Hess shareholders approve merger with Chevron

Financial Wealth DailyMay 28, 2024January 28, 20250

By Sabrina Valle HOUSTON (Reuters) – Hess Corp on Tuesday approved the company’s $53 billion merger with the No. 2…

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Elon Musk’s xAI valued at $24 billion after fresh funding

Financial Wealth DailyMay 27, 2024January 28, 20250

(Reuters) -Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion…

  • Business

Alibaba’s AliExpress recruits Beckham to ‘score more’ global sales

Financial Wealth DailyMay 27, 2024January 28, 20250

By Casey Hall SHANGHAI (Reuters) – AliExpress, an e-commerce site owned by Chinese giant Alibaba, has signed former England soccer…

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Elon Musk plans xAI supercomputer, The Information reports

Financial Wealth DailyMay 26, 2024January 28, 20250

(Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a…

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GameStop surges after fetching $933 million from stock sale

Financial Wealth DailyMay 26, 2024January 28, 20250

(Reuters) -GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its…

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Dell hits record high amid rally in AI stocks

Financial Wealth DailyMay 26, 2024January 28, 20250

By Yuvraj Malik (Reuters) – Shares of Dell Technologies hit a record high on Friday amid a rally in companies…

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Google invests 1 billion euros in Finnish data centre to drive AI growth

Financial Wealth DailyMay 20, 2024January 28, 20250

HELSINKI (Reuters) – Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data…

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CalPERS to vote against Exxon board members

Financial Wealth DailyMay 20, 2024January 28, 20250

(Reuters) -CalPERS, the biggest public pension plan in the United States, said on Monday it would vote against all Exxon…

  • Business

Anglo shareholder LGIM supports break-up plan as BHP circles

Financial Wealth DailyMay 20, 2024January 28, 20250

LONDON (Reuters) – Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company…

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