Swiss Re pops 4% after posting record $4.8 billion profit, plans $1.5 billion buyback
European markets finished mixed as more earnings reports and economic data were in focus.
Pakistan bombs targets in Afghan cities, minister calls it ‘open war’
The strikes are the first time Islamabad has attacked the Taliban rather than militants allegedly backed by them, a stark rupture in ties between the Islamic neighbours.
See the movie, play the game: How Nintendo is pulling out all the stops to sell the Switch 2
Nintendo is betting on nostalgia and new gamers to drive sales of its flagship Switch 2 console and key games.
Private equity enters its ‘Darwinian’ era as experts warn some funds face extinction
Lower exits, longer holding periods, smaller returns, and tougher fundraising conditions are reshaping the industry, where only the strongest managers will survive.
An Indian company is set to build a $2 billion AI hub with Nvidia’s GPUs and go public. Here’s what we know so far
Yotta Data Services, which controls up to 70% of India’s GPU capacity, said surging demand from local AI startups and global tech firms is tightening supply.
Nintendo plans around $1.9 billion share sale by Kyoto bank and others, sources say: Reuters
The sale is expected to total roughly 300 billion yen ($1.9 billion) and Nintendo could make a decision as soon as Friday, two of the sources said.
CNBC Daily Open: Netflix bows out from Warner Bros. Discovery bidding war
Netflix on Thursday stateside said it declined to raise a counteroffer for Warner Bros. Discovery’s studio and streaming assets.
Dow closes more than 500 points lower after hot inflation report, mounting concerns about AI impact
The S&P 500 and Nasdaq finished in the red for February amid growing fears about the impact of artificial intelligence on the economy.
Asia markets trade mixed after Wall Street pullback on Nvidia slump
Asia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.
Anthropic CEO Amodei says Pentagon’s threats ‘do not change our position’ on AI
Anthropic said its negotiations with the DOD are still ongoing.
