Amazon (NASDAQ) and telecommunications giant Vrio are joining forces to launch a satellite internet service across seven South American countries, setting the stage for a showdown with Elon Musk’s Starlink. Vrio, the U.S. company overseeing DirecTV Latin America...
Futures Steady After AI-Fueled Rally as Markets Eye Fed and Inflation Data On Tuesday evening, U.S. stock index futures settled into a calm groove after an AI-driven rally sent Wall Street to fresh heights. All eyes turned to the Federal Reserve and upcoming inflation...
Media heiress Shari Redstone abruptly pulled the plug on talks with David Ellison’s Skydance Media on Tuesday, effectively nixing the potential sale of a controlling stake in Paramount Global to the independent studio, insiders revealed. Redstone,...
Nvidia Shines as S&P 500 and Nasdaq Tiptoe to Record Highs Amid Fed Anticipation The S&P 500 and Nasdaq tiptoed to record closing highs on Monday, as investors braced themselves for this week’s consumer prices report and a Federal Reserve policy...
Buyout firm Apollo Global and Kyndryl Holdings, the IT services spin-off from IBM (NYSE), are reportedly scheming a joint bid for DXC Technology (NYSE), insiders revealed on Monday. Word on the street is that Apollo and Kyndryl are cooking up an offer between $22 and...
