Nvidia stock climbs 2% as U.S. approves chip sale to the UAE under Microsoft deal
Microsoft’s licenses enable the firm to ship Nvidia chips — involving its more advanced GB300 GPUs — to the United Arab Emirates.
Here are Monday’s biggest analyst calls: Nvidia, Apple, Tesla, Roku, Cisco Sytstems, Palantir, Costco & more
Here are Monday’s biggest calls on Wall Street.
MongoDB CEO Dev Ittycheria steps down, replaced by Cloudflare executive CJ Desai
Dev Ittycheria, who took MongoDB public in 2017, is leaving the CEO role but will stay on the company’s board.
Kimberly-Clark agrees to buy Tylenol owner Kenvue in $48.7 billion deal, creating consumer staples giant
The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol.
Buy this streaming platform after strong earnings, Piper Sandler says
The investment firm upgraded the streaming platform to overweight from neutral.
Kimberly-Clark to buy Kenvue in $48.7 billion deal
Kenvue’s shareholders will receive $3.50 per share and 0.15 Kimberly-Clark shares for each Kenvue share held.
Auto giants rally as China says it will consider exemptions for Nexperia chip exports
A standoff between the Netherlands and China over chipmaker Nexperia had prompted auto giants to warn of production outages.
Standard Chartered CEO expects blockchain to ‘eventually’ power nearly all global transactions
Standard Chartered CEO Bill Winters foresees a future in which nearly all global transactions are conducted on a digital blockchain ledger.
‘Useless’ and ‘hopeless’: Ryanair CEO slams U.K. government over travel tax
Ryanair CEO Michael O’Leary on Monday lambasted the U.K. government over its push to raise travel taxes.
India now incurs higher U.S. tariffs than China. What does it say about Trump’s foreign policy?
The recent softening of ties between China and US indicate that US foreign policy may not prioritize its strategic relationship with India anymore.