Nintendo’s latest Mario movie opened to $372.5 million at the global box office over the long weekend.
Category: Business
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Paramount reportedly receives $24 billion from Gulf funds to back its Warner Bros. takeover
Saudi Arabia’s PIF will provide about $10 billion, according to Wall Street Journal reporting.
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Applied Optoelectronics jumps after hyperscaler more than doubles its recent order
Optics and networking stocks have been on fire.
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OpenAI’s leadership reportedly disagrees about when to raise money and how to spend it
A strategic divide in the C-Suite.
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US job growth crushes estimates in March, with the unemployment rate unexpectedly dipping to 4.3%
A big bounce back in the labor market after a negative report in February.
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Stocks eke out gains on hopes for a path forward for reopening the Strait of Hormuz
Stocks rebounded on news that Iran is drafting a protocol with Oman to “monitor transit” through the crucial Strait of Hormuz.
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AI server cluster maker Penguin Solutions takes flight
The maker of server rack systems for AI computing soared on Thursday.
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Big batteries are the newest answer to Big Tech’s big energy needs
America’s booming energy demand is creating a powerful case for large-scale energy storage.
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Solana drops to price not seen since February as Drift exploit rattles sentiment
The total value locked on solana has shrunk by nearly $1 billion since the incident.
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Over 50 years since it last sent astronauts to the moon, the US is now reentering a very different space race
The successful launch of the Artemis II lunar flyby marked one small step for NASA, while China’s already making giant leaps in its own space program.
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Momentum returns to optics stocks as the release valve for AI optimism
Potentially imminent end to the war? Buy optics stocks.
Maybe not? Buy optics stocks anyway. -
Space stocks rip during a topsy-turvy day for the equity market
The overall market is seeing a lot of volatility.