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Nvidia CFO says M&A possible use for growing cash hoard

Financial Wealth DailyDecember 3, 2024January 28, 20250

(Reuters) – AI chip leader Nvidia could put its growing cash pile to use through possible mergers and acquisitions, finance…

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Amazon’s cloud service shows new AI servers, says Apple will use its chips

Financial Wealth DailyDecember 3, 2024January 28, 20250

By Greg Bensinger and Stephen Nellis LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers…

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Exclusive-Worldline attracts early stage interest from private equity firms, sources say

Financial Wealth DailyDecember 2, 2024January 28, 20250

By Amy-Jo Crowley and Mathieu Rosemain LONDON (Reuters) -French payments group Worldline has attracted early stage takeover interest from private…

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Amazon to pilot AI-designed material for carbon removal

Financial Wealth DailyDecember 2, 2024January 28, 20250

By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…

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US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

Financial Wealth DailyDecember 2, 2024January 28, 20250

By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion…

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Bumble CFO to step down next year amid growth challenges

Financial Wealth DailyDecember 2, 2024January 28, 20250

(Reuters) – Bumble said on Monday Anu Subramanian will step down as chief financial officer, effective March 14, 2025. Subramanian,…

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Drone drops paint over Russian embassy in Sweden

Financial Wealth DailyNovember 29, 2024January 28, 20250

STOCKHOLM (Reuters) -An unidentified drone flew over the Russian embassy in Stockholm early on Friday, dropping paint on the grounds…

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Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says

Financial Wealth DailyNovember 29, 2024January 28, 20250

(Reuters) – European and American carmakers are set to lose up to 17% of their combined annual core profits if…

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Taylor Swift fans turn out early for book launch at Target

Financial Wealth DailyNovember 29, 2024January 28, 20250

By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) CHICAGO/NEW YORK/NORTH BERGEN, N.J. -Taylor Swift fans and their parents lined up…

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Jobs data set to pave way for rates path, stocks

Financial Wealth DailyNovember 29, 2024January 28, 20250

By Lewis Krauskopf NEW YORK (Reuters) – The coming week will give investors a fresh view into the health of…

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