Nvidia vs. Apple vs. Microsoft: Race to US$4 trillion market cap 06:52 · October 16, 2024 at 10:27AM EDT Outlook on the airline industry 06:07 · October 16, 2024 at 10:20AM EDT Focus on U.S. central banks rate path 05:13 · October 16, 2024 at… Article Source https://www.bnnbloomberg.ca/video/shows/the-open/2024/10/16/nvidia-vs-apple-vs-microsoft-race-to-us4-trillion-market-cap/
Broadcom Inc. utilized the U.S. investment-grade bond market to refinance some of the debt it acquired during its $69 billion acquisition of VMware Inc. The company plans to sell the debt in at least three parts, with the longest tranche expected to yield 1.25 percentage points above U.S. Treasuries. This debt sale comes more than … Read more
Hewlett Packard Enterprise Co. recently announced a $14 billion deal to acquire Juniper Networks Inc., a move that will strengthen its presence in the networking industry. However, the U.K.’s antitrust watchdog, the Competition and Markets Authority, has launched an investigation into the deal to determine if it raises any competition concerns. The deadline for the … Read more
Amazon.com Inc. has announced a significant investment of 15.7 billion euros ($17 billion) in Spain to expand its cloud business in Europe. This investment is the largest one that Amazon has made in Europe so far. The company’s cloud computing arm, Amazon Web Services (AWS), revealed that this investment will be made over the course … Read more
In recent news, Cloud Software Group Inc., the parent company of Citrix Systems Inc., has turned to investors for the third time in six months in order to pay off more expensive debts. This move comes as many riskier borrowers are taking advantage of favorable credit conditions to raise funds. The private equity firm initially … Read more
VMware to Initiate Over 300 Job Cuts in Ireland Following Broadcom Acquisition In a move that will reshape the technological landscape of Ireland, cloud computing giant VMware, recently acquired by semiconductor company Broadcom, is set to initiate over 300 job cuts. This decision falls in line with Broadcom’s commitment to reduce costs by $1.3 billion … Read more