Talks over a listing plan are unfolding against the backdrop of a resurgence in the IPO market in 2025 after a three-year dry spell.
Read More Elon Musk’s SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says
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Boom to bust: Beyond Meat struggles to stay relevant
After years of phenomenal growth, Beyond Meat has recorded declining annual sales since 2022. It has never turned an annual profit.
Read More Boom to bust: Beyond Meat struggles to stay relevant
Nvidia, AMD to pay 15% of China chip sale revenue to US, official says
Nvidia and AMD have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips in an unusual move likely to faze American companies.
Read More Nvidia, AMD to pay 15% of China chip sale revenue to US, official says
Netflix shares hit record as subscriber growth defies odds once again
Shares of Netflix soared 13% to an all-time high after the streaming giant’s big bet on sports helped add a record 18.9 million subscribers in the holiday quarter.
Read More Netflix shares hit record as subscriber growth defies odds once again
Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair
Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.
Read More Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair
US plan to break up Google’s search dominance threatens profit engine, AI growth
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
Read More US plan to break up Google’s search dominance threatens profit engine, AI growth