Finance

Intel stock surges as Nvidia announces $5 billion stake in company

Intel stock surges as Nvidia announces $5 billion stake in company

Intel (INTC) stock spiked roughly 25% at the market open on Thursday after leading AI chipmaker Nvidia (NVDA) said it will take a $5 billion stake in the struggling company. Nvidia said Thursday i...

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Gwyneth Paltrow’s Goop launches a new fashion line

Gwyneth Paltrow’s Goop launches a new fashion line

Goop, the wellness and lifestyle brand founded by actress Gwyneth Paltrow , is expanding its focus in the world of fashion. And like its lifestyle products, it’s focusing squarely on the l...

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Atlassian to acquire DX in $1 billion deal

Atlassian to acquire DX in $1 billion deal

(Reuters) -Atlassian said on Thursday it has entered into a definitive agreement to acquire developer intelligence platform DX for about $1 billion in cash and restricted stock, including DX̵...

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China’s DeepSeek says its hit AI model cost just $294,000 to train

China’s DeepSeek says its hit AI model cost just $294,000 to train

By Eduardo Baptista BEIJING (Reuters) -Chinese AI developer DeepSeek said it spent $294,000 on training its R1 model, much lower than figures reported for U.S. rivals, in a paper that is likely to...

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Cracker Barrel shares slump as logo change blowback dents restaurant traffic

Cracker Barrel shares slump as logo change blowback dents restaurant traffic

By Juveria Tabassum (Reuters) -Cracker Barrel shares fell nearly 10% before the bell on Thursday, after social media backlash around the restaurant chain’s short-lived decision to change its...

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