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28.05.26 - 17:12
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Caesars Entertainment Agrees to Buyout; Snowflake Soars on Outlook | Stock Movers (Bloomberg)
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On this episode of Stock Movers with John Tucker:
- Apple (APPL) is moving on news the next iPhone, iPad and Mac software updates will feature a revamped Siri interface and a new chatbot-style app. The new Siri will include features such as the ability to understand personal data and analyze on-screen content, a rebuilt model using Google Gemini technology, and AI-powered web search.
- Caesars Entertainment (CZR) shares are on the move as the company agreed to be bought by Fertitta Entertainment Inc. in a $5.7 billion, all-cash deal. Caesars shareholders will get $31 a share in cash, which represents a 49% premium over Caesars' stock price on Feb. 25.
- Snowflake (SNOW) is soaring after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.'s cloud services and chips. (Source: Bloomberg)...
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08.05.26 - 11:01
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Trump′s Beijing trip, Iran war diplomacy, tech earnings (SCMP)
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US President Donald Trump will bring a scaled-back group of chief executive officers with him on a trip to Beijing next week, reflecting limited expectations for a summit that may be overshadowed by the war on Iran.
The White House considered inviting about a dozen business leaders on the May 14-15 trip, compared with the 29 high-profile executives on Trump's last visit in 2017, Reuters said, citing unidentified people briefed on preparations. Nvidia, Apple and Boeing are among the companies......
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06.05.26 - 11:06
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′Chipflation′ hits Samsung, boosts Apple results (Digitimes)
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As soaring memory prices fuel "chipflation," Samsung Electronics and Apple are taking sharply different approaches. Samsung's Mobile eXperience (MX) division is trying to protect profitability by optimizing its product mix and expanding across more price points, while Apple is leaning on an ecosystem of 2.5 billion devices and high-margin services to offset rising component costs....
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