Comcast to Invest More Than $8 Billion on Universal Theme Park in U.K.
The U.K. government said the investment would be followed by an additional capital injection over the first decade of operation, after an estimated five-year construction period.
----
Foxconn, Intel Team Up on AI
Foxconn Technology Group and Intel are partnering to develop artificial-intelligence infrastructure, aiming to address critical bottlenecks in modern data centers.
----
Why Berkshire Hathaway Went Window-Shopping at Macy's
The conglomerate appears to be betting on Macy's shrinking competition and its new leadership focused on the store experience.
----
Bill Ackman's Pershing Square Set to Make $600 Million on Universal Stake
The hedge-fund firm first invested in the company in 2021 and has failed to clinch two proposed deals.
----
TSMC Not at Risk of Losing Competitive Edge, CEO Says
Taiwan Semiconductor Manufacturing isn't falling behind in next-generation chip making, its CEO said.
----
Meta Keeps Delaying the Release of Its New AI Model to Developers
The shifting timeline is a setback for Meta's ability to monetize its massive investments in building frontier AI models.
----
Quantinuum Prices IPO at $60 a Share. It's Slated to Go Public Thursday.
Bullish investors see Quantinuum as the next superpower in quantum computing. Here's why.
----
Tech's Biggest Bull Was in Despair. An AI Spree Has Him Back on Top.
SoftBank's Masayoshi Son said his Tokyo-based tech conglomerate would unleash at least $52 billion of investment in French data centers.
----
Broadcom Shares Slide Despite Jump in Revenue on AI Chip Demand
The semiconductor and software maker's shares slid after-hours as the report and guidance failed to live up to expectations among some investors.
----
Citi Names New Head of Strategy as Jane Fraser Steers Bank Into 'Next Phase'
Margo Pilic will be Citi's new head of strategy, M&A, and investor relations.
----
Terms Revealed for SpaceX's Unconventional $75 Billion IPO
The company plans to sell shares at $135 apiece, eschewing the norm of setting a price range and incorporating investor feedback.
----
Hasbro's New AI Studio Looks to Bring Its Iconic Characters to Next-Generation Experiences
Hasbro launched Sixth Wall, a new artificial-intelligence studio aiming to bring the toymaker's cast of characters into the new technological era.
----
Silicon Valley Stalwart Benchmark Breaks From Past, Embraces Mature Startups
After a late-stage bet on Cerebras delivered big returns, Benchmark decided to raise its first-ever growth fund.
----
PVH Cuts Outlook Citing Iran War Impact on Sales
The owner of Tommy Hilfiger and Calvin Klein said it now expects full-year revenue to stay approximately flat, compared to previous guidance of a slight increase.
(END) Dow Jones Newswires
June 04, 2026 07:00 ET (11:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments