Nvidia's Business Is Booming. Here's What Could Slow It Down.
After tripling sales for three quarters, Nvidia faces new competition and a shifting AI market.
Lenovo's Profit More Than Doubled on Higher Computer Sales
The world's largest PC maker said quarterly profit more than doubled, though it noted that demand weakened from the preceding quarter.
Justice Department to Sue Live Nation, Seek Breakup of Concert and Ticketing Giant
An antitrust lawsuit, expected Thursday, will allege the company illegally suppressed competition.
DuPont to Break Into Three Smaller Companies
The separations are expected to be completed within 18 to 24 months.
Xiaomi's First-Quarter Profit, Revenue Beat Expectations
Xiaomi's first-quarter net profit and revenue beat expectations, thanks to stronger sales from its smartphone and Internet-of-Things and lifestyle product segments.
CFOs Lock in Savings with Interest-Rate Swaps Amid Uncertainty About Fed Cuts
Some companies are saving millions of dollars by entering into interest-rate swaps as they confront the possibility it could be a while before the Federal Reserve cuts rates.
Rio Tinto Faces Class Action Over Bougainville Mine Impact
A class action against Rio Tinto has been filed in a Papua New Guinea court in relation to a long-shuttered copper mine that it offloaded in 2016.
American Funds Parent Launching Partnership With KKR to Move Into Private Assets
Capital Group and KKR will launch two hybrid funds next year that will invest in public and private markets.
Moderna and Pfizer In Talks With U.S. To Make a Bird Flu Vaccine
Last year, Moderna began early-stage tests of a number of avian flu vaccines that target different strains of the virus.
OpenAI, WSJ Owner News Corp Strike Content Deal Valued at Over $250 Million
The content-licensing pact aims to cash in on a technology that promises to have a profound impact on the news-publishing industry.
(END) Dow Jones Newswires
05-23-24 0715ET
