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Synopsys to buy Ansys in a push into AI, chip design megatrends

Synopsys confirmed Tuesday an agreement to buy design-software company Ansys in a cash-and-stock deal valued at $35 billion, as the companies look to ride the AI, semiconductor-design "megatrends."

SEC fines JPM Morgan Chase for whistle-blowing violation charge

Bank agrees to pay $18M fine without admitting or denying wrongdoing for retail client confidentiality agreements between 2020 and 2023

Morgan Stanley’s stock gains after big revenue beat with boost from fixed-income underwriting

Bank powers past revenue estimate by $1 billion.

Apple’s decision to discount iPhones in China makes a statement

It's not like Apple to discount its own products, but the company faces various pressures in China.

New York Fed’s Empire State index plunges in January to lowest level since pandemic

The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, plunged 29.2 points in January to negative 43.7, the regional Fed bank said Tuesday.

Goldman Sachs stock up after Q4 profit rises by 58% and beats analyst estimate

Goldman Sachs Group Inc.'s stock rose in premarket trading on Tuesday after the investment bank said its fourth-quarter profit rose by 5.8% and beat analysts' reduced expectations as it capped off a difficult year of slack deal-making and restructuring.

World’s top funds pile into real estate, cash and commodities in bid to shield themselves against interest rate cuts

Investment funds with $256 billion of assets under management piled out of bonds, banks and insurance companies

Burger King to buy franchisee Carrols so it can ‘rapidly remodel’ restaurants

Carrols to be acquired for a 13% premium, in a deal valued at $1 billion

Like their Fed peers, ECB officials challenge the market’s rate-cut optimism

European Central Bank officials have been mostly matching their U.S. peers in pushing back against investors' optimism that interest rates will be cut swiftly in coming months.

Another Wall Street bank has boosted its S&P 500 target. Here’s why.

A call of the day from a Wall Street bank that has leapfrogged its year-end stock outlook.

How to help American families afford child care? Give parents money directly

Boost the child tax credit and let parents decide whether to care for their children at home or in daycare.

Oil prices rise as Middle East tensions continue

Oil futures rise modestly Monday as traders monitor the Middle East.
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