The revived craze for GameStop is confusing Wall Street. It’s ‘not in a position to be profitable’
From a fundamental standpoint, the brick-and-mortar video game company isn’t deserving of such a stock pop.
Melinda French Gates to resign from Gates Foundation, will pursue own philanthropy with $12.5 billion grant
Bill Gates, the founder of Microsoft, and Melinda French Gates divorced in 2021 but since then have continued to operate the Gates Foundation together.
Google and Apple partner to fight location tracker stalking
The move is the latest sign that the two companies are working to address the downside of wireless trackers like Apple’s AirTag.
Freetrade, Britain’s answer to Robinhood, says its CEO is stepping down
British stockbrokerage platform Freetrade told CNBC exclusively Monday that its long-time CEO Adam Dodds has stepped down.
Emirates airline chalks record annual profit as travel demand booms
The airline’s best-ever financial performance figures were “driven by the voracious appetite for travel across customer segments,” the Emirates Group said.
Microsoft and Amazon to invest $5.6 billion into France as Macron courts tech giants
Microsoft and Amazon are ploughing billions of dollars into France.
BHP says Anglo American rejected $42.7 billion revised proposal
BHP Group said on Monday that Anglo American had rejected a revised buyout offer valuing the company at 34 billion pounds ($42.67 billion).
Google’s Demis Hassabis is the man tasked with turning bleeding-edge AI research into profits
Google has long counted on Demis Hassabis for his genius in artificial intelligence. But whether he can create products that customers love is a big question.
GameStop, AMC soar more than 70% each as ‘Roaring Kitty’ meme trader resurfaces
GameStop shares soared Monday after “Roaring Kitty” posted online for the first time in roughly three years.
Singapore’s incoming PM Wong appoints new deputy PM in minor reshuffle
Singapore’s incoming prime minister Lawrence Wong announced a minor cabinet reshuffle on Monday ahead of assuming the top post later this week.
