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The conglomerate’s $80 billion debt load will be equal to roughly 6.5 times EBITDA, according to most estimates.
The federal government handed IBM $1 billion last week to help the build the first pure play quantum wafer foundry in the US.
In its last earnings call, Generac said that its data center backlog already totaled $1.6 billion before accounting for the Amazon agreement.
It’s the central bank’s first increase since 2023, a move that looked far from certain as recently as one week ago.
The Altera debut will add to more than $160 billion raised for US IPOs so far this year excluding SPAC launches, according to Bloomberg data.
Anthropic’s S-1 filing with the SEC is expected to be released publicly in the coming days or weeks, and it will likely face new scrutiny.
Morgan Stanley’s determination that Meta may win a large piece of the $30 trillion consumer AI pie buoys a firm viewed as an AI also-ran.
Are extreme office makeovers truly a solution to the housing shortage synonymous with life in large US cities today?
The most recent funding round for Elon Musk’s Boring Co. valued it at $23 billion, an almost four-fold increase from its last round in 2022.
Covenant says its factories will be capable of producing 1,000 missiles each next year, with the goal of scaling up to 5,000 missiles a year.
For GE Aerospace the acquisition represents a critical chance to it expand its own production capacity amid booming demand.
In its recent earnings call, the BYD reported that its overseas sales trumped its domestic sales for the first time in its history.
Sales on TikTok Shop accounted for 2% of all US e-commerce sales in July, according to Consumer Edge, more than Costco or Target.
“Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty,” Nvidia CEO Jensen Huang said.
Goldman Sachs estimates that the total number of robotaxis on the road will increase from around 7,000 last year to 1 million by 2030
Chobani, whose sales volume has jumped 20% in the past three years, is planning a high-protein milk product amid a larger expansion.
The benefit of whole milk-based baby formula is that it more closely mirrors the fat blend found in breast milk than powdered baby formula.
Apple’s returning to a familiar playbook in the AI age: leveraging a massive consumer reach to become Silicon Valley’s top rent collector.
Despite tariff chaos, soaring electronics prices, and deflating consumer sentiment, Best Buy just delivered a strong beat.
Consider the dream of the presumptively dovish Warsh delivering a rate cut this year now officially dead and buried (if it wasn’t already)