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News
How Dollar Tree (Accidentally) Killed Family Dollar
7+ hour, 11+ min ago (342+ words) Dollar Tree spent $8.5 billion to acquire Family Dollar — and then sold it off for $1 billion just a decade later. Fortune called it an "albatross." CNN called it "disastrous." But here's the twist: Dollar Tree's stock climbed 64% in 2025, with sales topping…...
Apollo Global Is Said in Talks to Acquire J&J’s Orthopedics Unit
1+ day, 4+ hour ago (82+ words) Alternative asset manager Apollo Global Management Inc. is in discussions to acquire the Johnson & Johnson orthopedics unit that the conglomerate has been looking to separate, according to people familiar with the matter....
Marvell CEO reveals decade-long gem behind its explosive 239% surge
1+ day, 4+ hour ago (542+ words) Marvell has outperformed every major chip stock, from NVDA and AMD to Broadcom, over the past year....
Forget NVDA: Peter Thiel's New $419 Million Portfolio Bets Big on the Power Behind AI
1+ day, 5+ hour ago (41+ words) Peter Thiel‘s investment firm, Thiel Macro LLC, disclosed a $418.67 million equity portfolio across eight companies in the second quarter, bypassing semiconductor manufacturers to allocate capital toward electrical grid operators, nuclear developers, tech infrastructure, and conventional energy. Rebuilding Capital in......
Bill Dudley Expects Fed to Raise Rate by 25 Bps
1+ day, 5+ hour ago (47+ words) Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, says he would be shocked if the Federal Reserve did not raise interest rates by 25 basis points at their next meeting. He speaks…...
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 5+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....
Co-Branded Stores Advance WOWorks’ Franchise Development Push
1+ day, 5+ hour ago (375+ words) As more health-centric, quick-service concepts enter the fold, WOWorks CEO Kelly Roddy understands how crucial it is to win the store traffic and real estate battles....
Oracle's AI Chips Ran 97.9% Utilized Last Quarter. For Nvidia, That Is What a Shortage Looks Like.
13+ hour, 43+ min ago (697+ words) Most of those chips are Nvidia's. Oracle's cluster design for its biggest AI deployments connects hundreds of thousands of Nvidia GPUs, and its largest planned builds target up to 800,000 of them. So while Nvidia didn't report this week, a company…...
Stubbornly Hot Inflation Raises Pressure on the Fed
1+ day, 5+ hour ago (78+ words) Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates at its meeting next week. The consumer…...
OpenAI IPO Won’t Happen Until 2027, Sam Altman Tells Fortune
7+ hour, 7+ min ago (20+ words) OpenAI will not go public in 2026, Sam Altman told Fortune Magazine in an interview, citing need for safety-related work....