Articles

Nvidia gets all the attention — but these companies are quietly powering the AI gold rush

As the artificial-intelligence boom accelerates, data-center providers are positioned to reap substantial rewards.

Libya’s oil output ‘cannot be easily replaced’ during reported production halt, analysts warn

The oil market’s attention was turning to North Africa on Monday, with reports that Libya’s eastern government had halted crude exports and production from the nation’s oil fields.

Nvidia’s earnings may swing the stock market this week. Here’s how to hedge it, BofA Global says.

Investors used to Nvidia Corp.’s blockbuster results may underprice the risk of a disappointment and its impact on the broader market, according to BofA Global Research.

Any way you look at it, the stock market is dangerously overvalued now

Stocks are almost as pricey as they were at the January 2022 bull-market top.

These offshore oil drillers look like bargain stocks as the industry recovers

Demand for offshore drilling and related services is high, while market values for the companies are low.

Mpox virus can be stopped — but $135 million in funding is needed to halt the spread, WHO says

Mpox outbreaks in Africa can be brought under control, but governments, international agencies and others need to work together to get tests and vaccines to affected areas, the head of the World Health Organization said on Monday.

Obesity drugs’ next wave: These companies could snag 20% of GLP-1 market, analysts say

While Eli Lilly and Novo Nordisk dominate the obesity-drug market, there’s a vast field of would-be competitors closing in behind them — and the most successful among those next-wave contenders stand to capture up to 20% of the lucrative market, analysts say.

NFL to vote on private-equity team ownership, reports say

Pro football league may allow private-equity firms to own up to 10% of a team.

Activist Elliott lays out how to fix Southwest Airlines and its stock

Shares of Southwest Airlines Co. got a lift toward a six-week high Monday after activist investor Elliott Management sent a letter to shareholders explaining why the air carrier needs new leadership.

IBM closing research unit in China, Wall Street Journal reports

IBM is reportedly cutting 1,000 jobs after its revenue from China fell nearly 20% in 2023.

McKesson to acquire controlling stake in Core Ventures for $2.49 billion in cash

McKesson said it hopes to “bring advanced treatments and improved care experiences to patients, while also reducing the overall cost of care.”

SolarEdge’s stock surges as CEO steps down after 5 years in the role

SolarEdge’s stock charged higher in early Monday trading, after the solar-power-equipment maker said its chief executive of the past five years, Zvi Lando, has stepped down.
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