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OpenAI IPO delayed by Apple threat?
Yahoo Finance Video24d agoneutralVIDEO
OpenAI IPO delayed by Apple threat?

Host Kenny Polcari, Hennion & Walsh CIO Kevin Mahn, and Neostellar Capital Corp Principal Willy Lee break down Apple's intellectual property lawsuit against OpenAI, how it exposes Apple's AI vulnerabilities, and why the legal battle could push the highly anticipated IPO to 2027.

Western Digital (WDC) Reenters Merger Focus, Where Does Fair Value Sit?
Simply Wall St.25d agoneutral
Western Digital (WDC) Reenters Merger Focus, Where Does Fair Value Sit?

Merger talks with Kioxia put Western Digital back in focus Western Digital (WDC) is again in the spotlight after reports of renewed merger discussions with Japan based Kioxia Holdings, centered on combining their NAND flash assets through either a share based deal or a spin off. See our latest analysis for Western Digital. The latest merger headlines arrive during a volatile stretch for Western Digital, with the share price up 12.5% in the last day but down 26.5% over 30 days. At the same...

SK Hynix Dismisses Intel Ohio Buyout Report: 'We Have No Plans for an Acquisition' (UPDATED)
Benzinga25d agobearish
SK Hynix Dismisses Intel Ohio Buyout Report: 'We Have No Plans for an Acquisition' (UPDATED)

Editor’s Note: This story has been updated to include a response from an Intel spokesperson. SK hynix Inc (NASDAQ:SKHY) said Tuesday it has neither pursued nor decided to acquire Intel Corp‘s (NASDAQ:INTC) Ohio semiconductor campus, denying a media report that claimed the South Korean memory chipmaker was in talks to buy the site. SK hynix Responds to Korea JoongAng Daily Report SK hynix issued the clarification in a Korea Exchange filing after Korea JoongAng Daily reported that the company was

Western Digital (WDC) Revives Kioxia Merger Talks Over Flash Memory Assets
Simply Wall St.25d agoneutral
Western Digital (WDC) Revives Kioxia Merger Talks Over Flash Memory Assets

Western Digital and Kioxia Holdings have restarted merger discussions focused on combining their flash memory assets. The talks center on creating a larger player in NAND flash that would pool data center and PC memory operations. Previous negotiations were affected by valuation differences and regulatory concerns, so renewed talks indicate that discussions have resumed. Western Digital, traded as NasdaqGS:WDC, is back in focus as the market evaluates what a tie up with Kioxia could mean...

OpenAI Is Adding Two Independent Board Members Ahead of IPO
The Wall Street Journal25d agoneutral
OpenAI Is Adding Two Independent Board Members Ahead of IPO

OpenAI is adding David Vélez, founder and global chief executive of Nubank, a Latin American digital services firm, and Robin Vince, the chief executive of Bank of New York Mellon to its board of directors, the company said. Vince will chair the audit committee, OpenAI said. The company has worked to improve its corporate governance after a previous set of directors abruptly fired Chief Executive Sam Altman three years ago for what they described as a lack of candor in his communications, throwing the company into disarray.

If You Invested $2K in the SpaceX IPO, How Much Do You Have Now?
SmartAsset25d agoneutral
If You Invested $2K in the SpaceX IPO, How Much Do You Have Now?

SpaceX’s IPO was the biggest in history, raising $75 billion at $135 a share.1 The offering sparked much excitement, with retail investors keen on buying into one of the world’s most closely watched companies. If you had invested $2,000 at the $135 IPO price, here’s how much your investment would be worth today, and why […] The post If You Invested $2K in the SpaceX IPO, How Much Do You Have Now? appeared first on SmartReads by SmartAsset.

BlackRock-backed group commits $5 billion for Aligned Data Centers
Reuters25d agoneutral
BlackRock-backed group commits $5 billion for Aligned Data Centers

A ‌group backed ‌by BlackRock ​and Abu Dhabi-based fund MGX ‌on ⁠Tuesday committed an ⁠additional $5 billion ​in ​growth ​capital to ‌Aligned Data Centers, after acquiring one ‌of ​the ​world's ​biggest ‌data center operators. (Reporting ​by ​Jaspreet Singh ​in ‌Bengaluru; Editing ​by Tasim ​ZAhid)