{
}
Elon Musk's xAI has acquired the social media platform X for $33 billion, consolidating his power across multiple ventures. The all-stock deal, which values xAI at $80 billion, aims to enhance the integration of data and AI models, particularly for Musk's Grok chatbot. Despite the merger, details on investor compensation and leadership integration remain unclear, while Musk faces ongoing legal challenges related to his previous Twitter acquisition.
Alphabet is set to acquire Israeli startup Wiz for $32 billion, marking its largest deal to date, as it aims to enhance its cybersecurity offerings within the cloud computing sector. The acquisition, expected to close in 2026 pending regulatory approvals, will allow Wiz to continue serving clients across various cloud platforms, addressing potential antitrust concerns. Despite Alphabet's stock dip, analysts suggest the high price reflects Wiz's significant growth and the increasing demand for cybersecurity solutions.
NVIDIA Corporation's shares surged over 3.5% following Barclays' price target increase from $160 to $175, reflecting optimism around the new Blackwell graphics processing unit. However, analysts like D.A. Davidson's Gil Luria caution about potential supply-side disruptions and rising competition that could impact NVIDIA's market share.
NVIDIA Corporation's shares surged over 3.5% following Barclays' price target increase from $160 to $175, maintaining an 'Overweight' rating. The anticipated revenue boost from the new Blackwell graphics processing unit contributes to this positive sentiment, though analysts caution about supply disruptions and rising competition.
Gil Luria
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
elon musk's xai acquires social media platform x for 33 billion dollars
United States Dollar
OpenAI ERC USD
SpaceXCoin USD
Microsoft Corporation
Tesla, Inc.
USA
Paolo Pescatore
Elon Musk
Espen Robak
Sam Altman
Gil Luria
Show more
02:50 29.03.2025
Alphabet acquires Israeli startup Wiz for 32 billion dollars in cash
United States Dollar
Alphabet Inc.
Morgan Stanley
Microsoft Corporation
Salesforce, Inc.
LVMH
Amazon.com, Inc.
ISR
CHN
USA
Dave Wagner
Elise Phillips
Donald Trump
Gil Luria
Thomas Kurian
Andrew Ferguson
Show more
09:58 19.03.2025
nvidia shares rise as barclays raises price target to 175 dollars
18:14 17.01.2025
Nvidia shares rise as Barclays raises price target amid mixed analyst views
United States Dollar
D.A. Davidson Trust Company
NVIDIA Corporation
Barclays PLC
USA
Gil Luria
Show more
18:09 17.01.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Workplace Trends
Government Policies
Government Economic Policies
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Morgan Stanley
Banco Santander, S.A.
Lloyds Banking Group plc
BNP Paribas SA
UniCredit S.p.A.
Huawei Technologies CO. Ltd.
Credit Suisse Lux Digital Healt
Commerzbank AG
Microsoft Corporation
Amazon.com, Inc.
UBS Group AG
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Canadian Dollar
Offshore Chinese Yuan
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: