Broadcom Seeks $35 Billion Financing to Expand AI Chip Production
Broadcom is negotiating with Apollo Global Management and Blackstone for a $35 billion financing deal to boost its AI chip development amid rising demand in the tech sector.
Corporate Power
Latest in Corporate Power
Corporate Power
Corporate Power
Nintendo Switch 2: Key Differences and Rising Costs Ahead of Price Increase
The Nintendo Switch 2 launches at a higher price point, features new controller technology, and offers incremental design updates amid a broader rise in console and game costs.
Corporate Power
Inspire Brands Moves Forward with IPO Filing Amid Consumer Cost Pressures
Inspire Brands, owner of Dunkin’ and Arby’s, confidentially filed for a US IPO as consumer spending faces challenges from rising costs linked to global tensions.
Corporate Power
New York State Budget Advances Auto Insurance Reforms Amid Ongoing Lawmaker Disputes
Governor Kathy Hochul announced a $268 billion budget including auto insurance reforms, tax measures, and consumer protections, though key legislative agreement remains unsettled.
Corporate Power
Wall Street edges up as oil steadies amid tensions in US-Iran ceasefire talks
Markets showed cautious gains with Wall Street futures rising and oil prices holding steady despite renewed tensions challenging the US-Iran fragile ceasefire.
Corporate Power
Magic: The Gathering’s Edge of Eternities Play Booster Box Hits Record Low at Amazon
Amazon offers the Magic: The Gathering Edge of Eternities Play Booster Box at its lowest price ever, with Walmart matching the deal and TCGplayer slightly undercutting it.
Corporate Power
Ripple CEO Hints at Possible XRP Holder Benefits if Company Goes Public
Ripple’s CEO indicated XRP holders might receive special advantages from a future IPO, but emphasized that a public listing is not an immediate priority for the company.
Corporate Power
JPMorgan Projects $30 Billion Bitcoin Acquisition by Michael Saylor’s Firm in 2026
JPMorgan analysts estimate that Michael Saylor’s company could buy up to $30 billion in bitcoin this year, accelerating purchases based on market conditions and funding opportunities.
Corporate Power
Renewed U.S.-China Beef Trade Talks Signal Potential Market Access Gains
Ahead of the Trump-Xi summit, U.S. beef producers seek restoration of export licenses to China, aiming to revive market access stalled by expired permits and high tariffs.
Corporate Power
Datadog Shares Surge After Exceeding Earnings and Raising Forecast Amid AI Demand
Datadog’s stock soared over 30% following a strong quarterly earnings beat and raised guidance, highlighting growing demand for software monitoring in the AI era.
Corporate Power
Coinbase Reports Q1 Loss Amid Crypto Market Decline, Shares Drop in After-Hours Trading
Coinbase posted a first-quarter loss as falling cryptocurrency prices reduced trading volumes and asset values, missing revenue expectations and pushing shares down after hours.
Corporate Power
UGREEN launches upgraded 25W MagSafe 2-in-1 wireless charger at $40 introductory price
UGREEN introduces its new 2-in-1 Qi2.2-certified MagSafe charger delivering faster 25W wireless charging for phones and AirPods, now available for $40 in black or white.