Nvidia Commits $1 Billion to US Scientific Research and Genesis Mission
Nvidia is investing $1 billion over five years in US scientific research and collaborating on federal Genesis Mission projects.
Market news
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Invesco Asia Dragon Trust Repurchases 50,000 Shares for Treasury
Invesco Asia Dragon Trust repurchased 50,000 shares to manage its capital and address its net asset value discount.
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Verbio SE Shifts Focus From Heavy Investment to Boosting Cash Flow and Plant Capacity
Verbio SE announced a shift from heavy capital investments to optimizing its existing plants and boosting cash flow following a major plant launch.
Italy's FTSE MIB Index Drops to Four-Month Low Amid Banking Sector Struggles
The FTSE MIB Index fell 1.4% to a four-month low as banking merger complications and Italian state finance talks pressured financials.
Namibia Inflation Rate Climbs to 5.4% in September on Rising Fuel Costs
Namibia's annual inflation rate reached 5.4% in September 2026, driven by soaring transportation and fuel costs, signaling broader pressure on consumers.
Richardson Electronics Reports Strong Q1 Earnings Growth as Revenues Rise 19%
Richardson Electronics posts a 112.7% jump in net income for Q1 fiscal 2027, driven by strong demand in green energy and microwave technology.
XRP Whale Activity Drops 27 Percent as Large Traders Turn Dormant
XRP whale activity relative to retail traders dropped 27% in eight days. Large holders are staying dormant as the cryptocurrency faces market volatility.
PepsiCo Reports Revenue Growth but Lowers Profit Outlook on Weak North American Sales
PepsiCo reported a 5.6 percent revenue rise in Q3 but trimmed its full-year profit outlook due to weak snack and food sales in North America.
Chipotle Stock Surges on Reported Starbucks Takeover Interest
Chipotle shares surged after reports emerged that Starbucks is exploring a potential takeover bid, reuniting CEO Brian Niccol with his former company.
General Dynamics Appoints Danny Deep as Next CEO in First Leadership Shift in 14 Years
General Dynamics has appointed Danny Deep to succeed Phebe Novakovic as CEO, marking its first leadership transition in over a decade.
States Urge Supreme Court to Rule on Sports Betting in Prediction Markets
Attorneys general from 38 states are asking the Supreme Court to limit federal CFTC authority over sports betting on platforms like Kalshi and Polymarket.
Halozyme Wins European Court Order Blocking Merck's Keytruda SC
A Dutch court blocked Merck from selling its subcutaneous Keytruda in eight European nations, giving Halozyme a key patent victory.
US Suspends Microsoft and Other Tech Giants From PERM Visa Program
The U.S. government has suspended Microsoft and other tech firms from the PERM visa system following allegations of H-1B program abuse.
India Satcom Services Await Security Clearance From Home Ministry
India's satellite communication services are currently awaiting crucial security clearance from the Ministry of Home Affairs before launching.
Jabil Beats Fourth-Quarter Estimates and Projects 54% Surge in AI Revenue for Fiscal 2027
Jabil Inc. beat fourth-quarter expectations and projected fiscal 2027 AI-related revenue to reach $22.1 billion as it expands production capacity.
Neogen Shares Rise After Outlining Fiscal 2031 Growth Targets
Neogen Corporation shares rose after the company announced its fiscal 2031 financial goals, including a 30% adjusted EBITDA margin target.
Chipotle Shares Rise on Starbucks Takeover Rumors as Oil Prices Climb
Chipotle shares jumped on reports of potential takeover interest from Starbucks, while oil prices surged and major stock indexes traded lower.
1&1 AG Issues 35.35 Million New Shares to United Internet at 24.05 Euros
1&1 AG has issued 35.35 million new shares to United Internet in exchange for a loan claim, shifting ownership structure without raising new cash.
Zhibao Technology Announces 1-for-50 Reverse Stock Split
Zhibao Technology Inc. is executing a 1-for-50 reverse stock split to boost its share price and maintain its listing on the Nasdaq.
Zhibao Technology to Consolidate Equity via 1-for-50 Reverse Share Split
Zhibao Technology Inc. will implement a 1-for-50 reverse stock split on October 12, 2026, to consolidate its Class A shares.