Day: August 16, 2023

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Home prices in China are falling faster as the economic downturn worsens

(Bloomberg) -- Home prices in China fell for the second month in July, in another…

Intel cancels $5.4 billion tower deal without Chinese approval

(Bloomberg) -- Intel is expected to cancel its planned $5.4 billion acquisition of Tower Semiconductor…

Update 2- Intel to drop $5.4 billion tower deal after reviewing sources of delays in China

(paraphrase, adding background on Intel's foundry business in paragraphs 13-14)Posted by Anirban SenNEW YORK (Reuters)…

Nvidia’s upcoming earnings could send the entire stock market higher as the AI ​​frenzy continues on Wall Street

Nvidia CEO Jensen Huang.Kim Kulish/Corbis/Getty ImagesNvidia reports earnings next week, and the chip maker's results…

Intel scraps $5.4 billion tower deal after China reviews delays

Posted by Anirban SenNEW YORK (Reuters) - Intel Corp. will drop its $5.4 billion deal…

VinFast’s $65 Billion Valuation De-SPAC Overtakes Ford and General Motors

(Bloomberg) -- VinFast Auto Ltd. has soared in its public start, outperforming its market value…