Arm Holdings to cancel Qualcomm chip design license, source says
(Reuters) -Chip firm Arm is cancelling an architectural license agreement that allows Qualcomm to use its intellectual property to design…
Author: Market Spectator
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Justice Dept warns Musk’s super PAC over million dollar giveaways, CNN reports
WASHINGTON (Reuters) – The U.S. Justice Department has sent a letter to Elon Musk’s super PAC warning that the billionaire…
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GM sounds upbeat on profit after Q3 results exceed estimates
By Nora Eckert DETROIT (Reuters) -General Motors again surpassed Wall Street’s expectations this year, as its third-quarter results benefited from…
BlackRock taps into AI frenzy with two new ETFs
(Reuters) – Asset management giant BlackRock on Tuesday launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to…
Amazon sets ultra-low pricing plans for Temu rival store, The Information reports
(Reuters) – Amazon.com is imposing severe price caps on what merchants can charge for their products on a new low-cost…
Starboard Value CEO says Pfizer’s board should hold management accountable
By Michael Erman and Svea Herbst-Bayliss NEW YORK (Reuters) – Activist hedge fund Starboard Value’s chief investment officer Jeffrey Smith…
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Wall St fails to pick up China baton, gold hits all-time high
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were mixed and crude prices were on track for their biggest weekly…
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Meta must face Massachusetts social media addiction lawsuit, judge rules
BOSTON (Reuters) – A Massachusetts judge has rejected Meta Platforms’ bid to dismiss a lawsuit by the state alleging the…
Biden sees opportunity to potentially end Israel-Iran fighting ‘for a while’
BERLIN (Reuters) – U.S. President Joe Biden said on Friday there was an opportunity to deal with Israel and Iran…
US Cellular to sell select spectrum assets to Verizon for $1 billion
(Reuters) – United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon…