By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks dropped on Thursday, with chipmaker stocks extending losses for a second day,…
MicroStrategy plans second convertible debt offering this month to buy more bitcoin
By Medha Singh and Hannah Lang (Reuters) -MicroStrategy is planning to raise capital through convertible bonds offering to buy bitcoin…
Platinum Equity explores $2 billion-plus Club Car sale, sources say
By David Carnevali and Anirban Sen (Reuters) – Private equity firm Platinum Equity has hired advisers to explore a sale…
US homebuilder Lennar beats Q1 profit estimates amid sustained demand for new homes
(Reuters) -Lennar Corp reported first-quarter profits above Wall Street estimates on Wednesday, as historically low existing home supply led to…
Class action lawsuits pile up over UnitedHealth data breach
By Brendan Pierson (Reuters) – UnitedHealth Group has already been hit with at least six class action lawsuits accusing it…
Together AI valued at $1.25 billion in Salesforce-led funding round
By Jaspreet Singh and Krystal Hu (Reuters) -Nvidia-backed Together AI said on Wednesday it has raised $106 million in a…
Boeing whistleblower found dead of apparent suicide
(Reuters) -John Barnett, a former Boeing employee who had reportedly raised concerns about the company’s production issues, was found dead…
Intel survived bid to halt millions in sales to China’s Huawei, sources say
(Refiles to remove extraneous text in headline) By Alexandra Alper WASHINGTON (Reuters) – Intel has survived an effort to halt…
Toyota becomes Asia’s most shorted large-cap stock – Hazeltree
MILAN (Reuters) – Automaker Toyota Motor Corp became the most shorted large-cap stock by hedge funds in the Asia Pacific…
Oracle tops quarterly profit estimates on AI demand, shares surge
By Harshita Mary Varghese (Reuters) -Oracle said on Monday it is set to make a joint announcement with chip-giant Nvidia,…