Nvidia shares slide 5% as China’s DeepSeek sparks questions over AI-related capex
Investing.com– NVIDIA Corporation (NASDAQ:NVDA) shares fell over 5% in 24 hour markets, RobinHood data showed on Sunday evening, amid growing questions over the need for major capital spending on artificial intelligence after the release of China’s DeepSeek. Nvidia slid 5.2% to an
Activist Ancora to push U.S. Steel to drop Nippon merger and oust CEO, WSJ reports
(Reuters) – Activist investor Ancora Holdings is preparing to wage a proxy battle at U.S. Steel and wants the company to drop its merger agreement with Japan’s Nippon Steel, the Wall Street Journal reported on Sunday, citing sources. Ancora also
Ancora seeks US Steel to abandon Nippon Steel deal, overhaul leadership – WSJ
Investing.com– Activist investor Ancora Holdings is preparing to launch a proxy battle against U.S. Steel, aiming to overhaul its leadership and redirect its strategy following the collapse of its $14 billion merger with Japan’s Nippon Steel Corp (TYO:5401), the Wall
QXO planning to launch hostile bid for Beacon Roofing- WSJ
Investing.com– Building products distributor QXO Inc (NYSE:QXO) is planning to launch a hostile bid for Beacon Roofing Supply Inc (NASDAQ:BECN) by approaching shareholders directly, the Wall Street Journal reported on Sunday. The hostile bid could be launched by as
Nvidia shares spooked as China’s DeepSeek raises questions over AI capex
Investing.com– Artificial intelligence darling Nvidia’s shares fell on Friday following the launch of Chinese generative AI program DeepSeek last week, which claimed to be able to outperform rival offerings at a fraction of their cost. NVIDIA Corporation (NASDAQ:NVDA) shares fell more