Nvidia said on Thursday it will invest $5 billion in Intel , throwing its heft behind the struggling U.S. chip foundry weeks after the White House engineered a deal for the U.S. government to take a massive stake in the company. ...

LIVE Dow Set to Open Up as Market Digests Fed's Rate Decision Last Updated: 28 min ago Magnificent Seven Tech Stocks Rally After Fed Rate Cut By George Glover Each of the "Magnificent Seven" megacap tech stocks was rising on Thursday, buoyed by the Federal Reserve's decision to cut interest rates for the first time this year. The Roundhill Magnificent Seven exchange-traded fund, which trades under the ticker MAGS, climbed 1.1% in premarket trading. Chip maker Nvidia led the way with a 3.2% gain, rebounding ...

American Express (NYSE:AXP) increased the annual fee for its high-end Platinum card to $895 from $695 and added more perks, including a $400 dining out credit and a $600 hotel credit, as it seeks to appeal to upscale consumers and businesses with high ...

The Fed has lowered its benchmark interest rate and two more rate cuts may follow before year-end. gettyStock prices had mixed results in trading Wednesday as investors digested the Fed’s decision to lower interest rates by 0.25 percentage points. It was the first rate reduction of 2025. The large-cap S&P 500 index fell less than 0.1% while the technology-focused Nasdaq Composite fell 0.6%. The Dow Jones Industrial Average, focused on blue-chip stocks, rose 0.5%. The market had anticipated the quarter-point ...

TORONTO--(BUSINESS WIRE)--Cizzle Brands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) (the "Company† or "Cizzle Brands† Hydrationâ"¢ is now being carried by major banners of Loblaw Companies Limited ("LCL†) including Loblaws (and its related banners including Zehrs and Your Independent Grocer), as well as Real Canadian Superstore and Atlantic Superstore. A total of 149 locations are now carrying the Blue Raspberry. Tropical Flow, and Rainbow. ...

Core Insights - N2OFF, Inc. is making significant advancements in solar energy and energy storage projects across Germany, Italy, and Poland, emphasizing its commitment to the clean energy transition [1][4]. Key Solar and Energy Storage Projects - The Melz Solar PV Project in Germany has a capacity of 111 MWp and has achieved critical milestones, including municipal approval and entering the hearing process for RTB status targeted for 2026 [2][7]. - In Italy, two Battery Energy Storage Systems (BESS) projects in Sicily, each with a capacity of 98 MWp/392 MWh, are in development and expected to reach RTB status by mid-2027 [3][7]. Strategic Investments and Opportunities - N2OFF has allocated €600,000 in debt financing for the Melz BESS integration, with a 7% annual interest rate and a 25% profit-sharing agreement post-loan repayment [4]. - The joint venture with Solterra aims for a total portfolio capacity of approximately 300 MW across Europe, indicating a robust growth strategy in renewable energy [4][5].

Core Viewpoint - Nvidia has agreed to invest $5 billion in Intel, focusing on the development of PC and data center chips, but not on manufacturing Nvidia chips [1][4]. Company Analysis - The partnership does not include Intel's foundry manufacturing Nvidia's AI chips, which some investors may have hoped for [3][4]. - Intel aims to leverage its x86 CPU technologies to connect with Nvidia's AI technologies, indicating a collaboration rather than a manufacturing agreement [4]. - The $5 billion investment is seen as insufficient for Intel's needs, as the company requires tens of billions to enhance its foundry capabilities [5][6]. Industry Context - The investment comes amid a broader context of the Chips Act, which emphasizes the need for domestic foundries and supply chain security [6]. - Intel's core business in data center and PC chips has significantly eroded, particularly with the rise of AI-driven investments [7]. - The market reaction to the partnership has been mixed, with Intel's stock showing some movement but not reflecting a substantial recovery [10].

Abercrombie & Fitch (NYSE:ANF) rose in early trading on Thursday after BTIG started off coverage on the mall stock with a Buy rating. Analyst Janine Stichter noted that after two years of double-digit growth, the company is now at a ...

BREAKING: Futures Rise; Nvidia To Buy Intel Stake CrowdStrike Holdings (CRWD) delivered fiscal 2027 guidance on a key financial metric above consensus estimates as the company continues to rebound from a global IT outage last year. CrowdStrike stock rose solidly on Thursday, signaling a possible early entry. The cybersecurity firm hosted an investor day on Wednesday in Las Vegas that coincided with its Fal.con customer conference. Wall Street analysts have been focused on annual recurring revenue, or ARR. I ...

PwC UK has reported a profit of £1.37bn for the financial year ending 30 June 2025, a 20% increase from £1.14bn in 2024. The group's revenue remained relatively flat at £6.35bn in 2025, a 0.4% rise from £6.33bn the previous year. This financial performance encompasses the group's operations across the UK, Middle East and Channel Islands. Within the group, the UK and Middle East markets experienced growth rates of 0.3% and 0.4%, respectively. The Channel Islands reported a revenue increase of 5%. The c ...