SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more…

Read More
European firms turn to smaller M&A deals in pursuit of growth

European firms turn to smaller M&A deals in pursuit of growth

Flush with cash from a period of resilient earnings, a growing number of European companies are shunning high-stakes deals in favor of smaller and targeted “bolt-on” acquisitions to pursue growth. Executives from industrial giants to consumer goods firms are deploying capital on strategic deals designed to snap up competitors and acquire technologies instead of staking…

Read More
Lutnick says TikTok will go dark if China won’t agree to U.S. control

Lutnick says TikTok will go dark if China won’t agree to U.S. control

U.S. Commerce Secretary Howard Lutnick answers questions during a television interview at the White House on June 11, 2025 in Washington, DC. Win Mcnamee | Getty Images Commerce Secretary Howard Lutnick said Thursday that TikTok will go dark for Americans unless China agrees to give the U.S. more control over the popular short-form video app. “We’ve…

Read More
Warren Buffett’s public Kraft Heinz criticism is extremely unusual for the typically passive owner

Warren Buffett’s public Kraft Heinz criticism is extremely unusual for the typically passive owner

Wall Street shared Buffett’s disappointment. Kraft Heinz shares fell as much as 7.6% on Tuesday after the announcement early that morning, but made back some of that loss, finishing down just 2.4% for the holiday-shortened week. Zoom In IconArrows pointing outwards Will Buffett’s unhappiness prompt Berkshire to sell some or all of its stake? He didn’t rule…

Read More