Nvidia to Invest $3 Billion in Meta's Equity Offering
The investment comes as Nvidia and Meta Platforms expand their partnership on the Facebook parent's artificial-intelligence offering Muse.
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Novartis Raises Guidance Despite Trial Setbacks Hitting Profit
The Swiss drugmaker cited solid sales growth and productivity gains, even as recent clinical-trial setbacks hit its bottom line in the third quarter.
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HSBC Profit Growth Misses, Plans $1 Billion Buyback
The London-based bank reported slower-than-expected quarterly profit growth, sending shares lower despite its announcement of a new share buyback of up to $1 billion.
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GSK Sees Cancer-Drug Pipeline Nearly Doubling Next Year After Dealmaking Spree
EXCLUSIVE: The U.K. drugmaker currently has five approved cancer medicines and a clinical-stage portfolio of about 15 assets.
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Reckitt Cuts Outlook After Lysol Issues Stunt North America Sales
Like-for-like net revenue in North America fell 1.3%, but the company anticipates a rebound from Lysol and North America in the fourth quarter.
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Tata Motors Clears Key Hurdle in Iveco Takeover
The majority of Iveco shareholders tendered their shares for Tata Motors' proposed takeover offer, valuing the Italian manufacturer at around $4.36 billion.
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Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount
The Cronos project off Cyprus in the eastern Mediterranean lays the foundation for future drilling in the region, according to chief operating officer, Guido Brusco.
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Porsche Sticks to Guidance as Turnaround Efforts Begin to Pay Off
The luxury sports-car maker said it continued to reap early benefits from a strategic reset.
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DoorDash Is in Advanced Talks to Acquire Delivery Rival Instacart
The deal could be completed as soon as this week and value Instacart at around $17 billion.
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Microsoft Will Offer Buyouts to 60,000 Employees
The software giant said the buyouts will be available to certain workers in the U.S., U.K., Canada and India.
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Broadcom CEO Intervened to Seal $63 Billion Anthropic Debt Deal
The deal, announced on Monday, is the biggest ever to raise money for AI infrastructure.
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Ben & Jerry's Founders Have Been Exploring Deal to Separate Company From Magnum
Magnum, the ice-cream company spun out of Unilever, is resisting the idea and said Ben & Jerry's "is not for sale."
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Moderna CEO Says Its Cancer Vaccine Isn't a Disappointment, It's a Blockbuster
Moderna's stock tanked Thursday following a data leak for the drugmaker's cancer-vaccine candidate, which is co-developed with Merck.
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