Tag: Business
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U.S.-Iran deal, the world’s first trillionaire, JetBlue’s Florida plans and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Fox to buy streaming device maker Roku for $22 billion
Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.
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US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026
June 15 : U.S.-based cybersecurity firm N-able Inc plans to expand its India workforce by at least 50 per cent by the end of 2026, targeting the country’s deep pool of AI and cybersecurity talent, CEO John Pagliuca said.N-able, which provides IT management, cybersecurity, and data protection software to more
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Fox to buy Roku in $22 billion deal to accelerate shift to digital
June 15 : Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Ro
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Stocks making the biggest moves premarket: SpaceX, United Airlines, Fox & more
These are the stocks posting the largest moves premarket.
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KFC leans into boneless chicken, new drinks as chain tries to regain market share
KFC is facing more competition from legacy giants and upstarts alike, thanks to the growing global popularity of chicken.
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Warsh’s debut Fed press conference may reveal his strategy for inflation, rates
WASHINGTON, June 15 : New Federal Reserve Chairman Kevin Warsh has talked at length in recent years about the U.S. central bank’s balance sheet, the need to say less about interest rates and why it should not dip into issues like climate change.A Fed press conference on Wednesday, though, will mark his first
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What’s next for SpaceX stock after IPO blastoff
NEW YORK, June 15 : The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk’s rocket, internet and AI firm that may bring volatility.Just in the next two months, the sixth-largest U.S. listed company by market value will have a handful of events –
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Energy shares fall as Iran deal lowers Hormuz disruption risk
June 15 : U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end the months-long conflict and reopen the vital Strait of Hormuz.The U.S. and Iran will sign a memorandum of understanding in Switzerland on Friday, Pakista
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AT&S invests up to €2 billion in Malaysia plan to capitalise on AI boom
VIENNA, June 15 : Austrian circuit board manufacturer AT&S has announced it is investing up to €2 billion ($2.3 billion) in Malaysia to capitalise on the AI boom, sending its shares soaring nearly 30 per cent.”We will fully expand our site in Kulim,” the company’s CEO Michael Mertin told Reuters in an inter
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