Wall Street deal making is down this year. According to Bloomberg, $370 billion in M-and-A deals were canceled in the second quarter alone. But we do want to mention breaking news that Mondelez, the maker of Oreo cookies and Cadbury chocolates, has made a takeover bid for Hershey according to the Journal. This deal is for $21 billion.
The insurer was accused by a short-seller of "extensive" fraud.
(Bloomberg) -- Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud services.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk
People's wealth could take a huge hit as the stock market peaks after one of the longest bull markets ever, according to an investment chief.
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Big Tech earnings are coming up, and Wall Street wants to know how companies are making money on their massive AI investments.
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.
Prominent billionaire money managers pared down their stakes in artificial intelligence (AI) titan Nvidia in the December-ended quarter and piled into two of the company's top architectural competitors.
A downbeat report from ASML dragged down other AI stocks.