Banks behind the rockets-to-AI venture’s $2 trln IPO are now ballparking market caps ​as much as 400% ​higher in fawning new reports. Oddly, ⁠the wilder the target, the ​lower the revenue estimates.
Venezuela sits on the world’s largest oil reserves, yet pumps a meager fraction of them. Creditors may soon confront that ...
UniCredit CEO Andrea Orcel's lowball ​Commerzbank offer may ​leave him with a big ⁠stake in his €43 ​bln prey. But he ​can’t merge, extract the full cost savings or totally control ​the board. Still, ...
Samsung ‌and SK Hynix are turning to multi-year contracts to protect earnings in the cyclical chip ​market. It's prudent given their $2 ​trln spending plans and warnings of ⁠faltering AI demand. But ...
Alphabet, Microsoft and ⁠rival giants are ​set to spend ​some $5 trln by 2030 to dominate artificial ​intelligence. Funding ...