(Reuters) -Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker…
Build-A-Bear, maker of Warren Buffett’s Squishmallows face off in court
By Jonathan Stempel NEW YORK (Reuters) – Warren Buffett is taking on Build-A-Bear. Jazwares, the Berkshire Hathaway-owned maker of the…
Pinterest’s weak forecast signals intense competition for ad dollars
By Jaspreet Singh (Reuters) – Pinterest forecast first-quarter revenue largely below Wall Street estimates on Thursday, a sign that it…
Exclusive-Flynn Group, world’s largest franchisee, explores $5 billion-plus sale -sources
By Abigail Summerville (Reuters) – Flynn Group, the world’s largest franchisee operator of restaurants and fitness clubs, is exploring a…
Exclusive-Trump’s media deal partner nears $50 million financing -sources
By Anirban Sen (Reuters) – Digital World Acquisition Corp, the blank-check acquisition company that has agreed to take former U.S.…
NYCB gets third credit downgrade as CRE exposure worries spill to Europe
By Manya Saini and Niket Nishant (Reuters) -Embattled New York Community Bancorp faced its third credit-rating cut on Thursday while…
S&P 500 closes at record high; earnings, rate outlook in focus
By Sinéad Carew and Johann M Cherian (Reuters) -Wall Street’s major stock indexes rose on Wednesday, with the benchmark S&P…
PayPal sees flat profit in ‘transition year,’ shares fall
By Manya Saini (Reuters) – PayPal’s forecast of flat growth in adjusted profit for the current year overshadowed its market-beating…
Disney to take $1.5 billion stake in Epic Games
(Reuters) – Walt Disney CEO Bob Iger announced Disney would acquire a $1.5 billion minority equity stake in Fortnite’s publisher…
Nvidia’s stock market value on verge of overtaking Amazon
By Noel Randewich (Reuters) – Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable…