Paul Jackson

China Blocks Meta’s $2 Billion Manus Deal in AI Power Move

Beijing just drew a much harder line around AI ownership China has blocked Meta Platforms’ planned $2 billion acquisition of Manus, the agentic AI startup that had been expected to help Meta strengthen its position in one of the hottest

Nasdaq, S&P 500 Rise as Powell Probe Ends and Intel Jumps

Powell investigation ends and the Fed story gets cleaner U.S. stocks split on Friday after the Department of Justice dropped its criminal investigation into Federal Reserve Chair Jerome Powell, removing one of the bigger political overhangs hanging over the central

Intel Breaks Above Its Dot-Com-Era High After Earnings

What Happened Intel (INTC) surged after earnings, jumping roughly 22% and pushing above the long-term ceiling it first set during the dot-com era. That is a major technical development because this is not just another short-term pop in a semiconductor

Warner Bros. Investors Approve $110 Billion Paramount Skydance Deal

What Happened Warner Bros. Discovery (WBD) shareholders approved the company’s $110 billion sale to Paramount Skydance (PSKY), moving one of the biggest media deals in recent memory another step closer to completion. According to the company, stockholders voted overwhelmingly in

IBM Stock Sinks as Earnings Leave AI Fears Unresolved

What Happened IBM (IBM) shares dropped more than 10% at the open on Thursday after the company’s latest quarterly results failed to give investors enough confidence that it can outrun the growing pressure AI is putting on legacy software and

Dow, S&P 500, Nasdaq Rise as Trump Extends Iran Ceasefire

What Happened U.S. stocks moved higher on Wednesday after President Trump extended the U.S. ceasefire with Iran, giving markets a short-term relief headline even as the broader conflict remained unresolved. The Nasdaq Composite led the gains, rising 1.2%, while the

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