Saudi Fund to Own Almost All of Electronic Arts After Buyout
PIF is on course to own 93% of the videogame maker, implying it needs to stump about $29 billion in addition to rolling over its existing stake.
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Kalshi Hits $11 Billion Valuation in New Funding Round
Kalshi, one of the biggest players in the prediction markets sector, said it is continuing to grow, with trading volumes now surpassing $1 billion every week.
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Amazon's Custom Chips Pose Another Threat to Nvidia
The company will start selling its Trainium3 processors as AI companies are looking to diversify their supply of data-center chips.
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Ford Electric-Vehicle Sales Sink After Key Tax Credit Ends
The Dearborn, Mich., carmaker's electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the expiration of a federal tax credit for electric vehicles.
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Boeing Stock Jumps. What the New CFO Just Said.
The new executive made positive comments about free cash flow.
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Scholastic to Sell NYC Headquarters as Part of Turnaround Efforts
Scholastic agreed to sell its New York City headquarters as it works to streamline its publishing business and monetize assets.
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OpenAI Declares 'Code Red' as Google Threatens AI Lead
Sam Altman told employees they must focus on the company's chatbot experience, to the exclusion of other priorities including advertising.
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Fairstone Bank to Buy Laurentian Bank for About $1.4 Billion
Fairstone Bank of Canada entered an agreement to buy Laurentian Bank of Canada for about 1.9 billion Canadian dollars, or $1.36 billion.
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Bayer Stock Jumps After Trump Administration Backs Supreme Court Roundup Review
Lawsuits linking the weedkiller to cancer have dogged the German company since it bought Monsanto.
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EU Court Says Apple Can Face Dutch Legal Challenges Over App Store Rules
Judges in the European Union's top court said that Apple can face antitrust lawsuits in the Netherlands over the terms of its App Store.
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Scotiabank Aiming for Earnings Growth After Capital Markets Buoy Results
The Canadian bank has its sights on strong earnings growth in the coming year despite the lingering uncertainty brought on by U.S. trade policy, with capital and liquidity measures expected to remain solid.
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Apple to Revamp AI Team After Announcing Top Executive's Departure
The reorganization heralds a new era for Apple's AI work, which has failed to keep up with rivals.
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Samsung's Next Salvo Against Apple: A Triple-Folding Smartphone
In a first for the U.S. market, Galaxy Z TriFold folds inward twice like a pamphlet.
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TotalEnergies Says Mozambique LNG Partners Will Cover Cash Shortfall After U.K., Dutch Pullout
British and Dutch authorities dropped out following repeated media reports of alleged human-rights abuses by security forces of the southern African nation.
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CrowdStrike Stock Heads Into Earnings With High Expectations and a High Valuation
Wall Street analysts are expecting third-quarter sales growth of 20% from last year to $1.2 billion and adjusted earnings-per-share of 94 cents.
(END) Dow Jones Newswires
December 02, 2025 15:00 ET (20:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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