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Bids for WBD are in. Here’s what Paramount, Comcast and Netflix could do with the assets
General views of the Warner Bros water tower on the Warner Brothers studio lot on June 24, 2022 in Burbank, California. Aaronp/bauer-griffin | Gc Images | Getty Images With more than a century of some of the most popular film and television content, it’s no wonder why Paramount Skydance, Comcast and Netflix are bidding for […]
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Nvidia has a cash problem — too much of it
When Nvidia this week said it would take a $2 billion stake in chip design company Synopsys, it was just the latest in a string of massive investments announced by the chipmaker this year. Nvidia has also said it would take a $1 billion stake in Nokia, invest $5 billion in Intel and $10 billion […]
Read MoreDan Niles says his best idea right now is cash. Here’s what else he likes
In a market that could soon be topping out, the best investment idea right now is cash, according to Dan Niles, founder of Niles Investment Management. The market moved higher on Wednesday, but Microsoft shares fell after The Information reported the company was slashing software sales quotas tied to artificial intelligence. Microsoft denied the report […]
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Micron stops selling memory to consumers as demand spikes from AI chips
A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron said on Wednesday that it plans to stop selling memory to consumers to focus on meeting demand for high-powered artificial intelligence chips. “The AI-driven growth in the data center has led […]
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iPhone 17 will drive record Apple shipments in 2025, IDC says
Apple’s latest iPhone models are shown on display at its Regent Street, London store on the launch day of the iPhone 17. Arjun Kharpal | CNBC Apple will hit a record level of iPhone shipments this year driven by its latest models and a resurgence in its key market of China, research firm IDC has […]
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