Browsing: billion
The Trump administration is asking countries that want a permanent spot on his new Board of Peace to contribute at…
Here’s What’s Behind Trump’s $200 Billion Mortgage Bond Buy, and How It Could Affect Investors
In This Article The announcement that President Donald Trump plans to buy $200 billion in mortgage bonds using cash reserves…
Allegiant Travel Co. will acquire Sun Country Airlines Holdings Inc. in a cash-and-stock deal valued at $1.5 billion including Sun…
Bill Gates donated record $8 billion to Melinda French Gates’ foundation as part of their divorce settlement | Fortune
Melinda French Gates has transformed her relatively young Pivotal Philanthropies Foundation into one of America’s largest private foundations almost overnight,…
Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down $19.5 billion amid a ‘customer-driven’ shift | Fortune
Several months ago, Ford CEO Jim Farley said ending the nearly two-decade-long EV tax credit would halve America’s electric vehicle…
Top analyst says Netflix’s $72 billion bet on Warner Bros. isn’t about the ‘Death of Hollywood’ at all. It’s really about Google | Fortune
Netflix’s $72 billion play for Warner Bros. is as much a bet on the future of artificial intelligence (AI) and…
Nvidia CFO admits the $100 billion OpenAI megadeal ‘still’ isn’t ‘definitive’—two months after it helped fuel an AI rally | Fortune
Two months after Nvidia and OpenAI unveiled their eye-popping plan to deploy at least 10 gigawatts of Nvidia systems—and up…
‘Big Short’ investor Michael Burry has a $1.1 billion bet against AI stocks and markets are plunging | Fortune
Nasdaq 100 futures were pointing downward again this morning after the index lost 2% yesterday in a massive, global selloff…
Starbucks sells 60% of China unit to Boyu at $4 billion value | Fortune
Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital at a…
Exclusive: Airwallex crosses $1 billion in annualized revenue as fintech unicorn takes on U.S. competitors like Ramp and Stripe | Fortune
As the fintech sector comes roaring back, companies like Ramp and Stripe have dominated headlines with eye-popping funding rounds and…