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BusinessDaily pulse

Global markets and technology sectors see significant volatility as major corporate mergers, AI breakthroughs, and geopolitical tensions dominate headlines.

Updated 79 sources

Key Points

Paramount has successfully settled legal disputes with several U.S. states, clearing the path for its $111 billion acquisition of Warner Bros. Discovery.

Alibaba has unveiled a new high-performance AI chip and announced plans for a 10-trillion-parameter model, signaling China's continued aggressive expansion in the AI race.

Meta's new AI assistant, Muse, is outpacing ChatGPT's early adoption rates, boosting investor confidence in the company's long-term artificial intelligence strategy.

Snorkel AI has tripled its valuation to $3.5 billion, reflecting surging market demand for high-quality data used to train advanced AI models.

President Trump has proposed a potential ban on U.S. diesel exports to lower domestic prices, though energy experts warn that such a move may prove ineffective in addressing global market drivers.

Apple's stock is reaching new highs amid speculation regarding a potential foldable iPhone and a disciplined approach to AI expenditure, with analysts eyeing a $5 trillion market cap.

Viking Therapeutics shares soared following positive clinical trial results for its once-monthly GLP-1 weight loss drug, positioning the firm to compete with Eli Lilly.

The U.S. and China have reached a preliminary agreement on an AI dialogue and threat-notification system, marking a critical step in managing technological competition.

Sources

79 articles ¡ 10 outlets