Nvidia Corp. is entering the PC market with a new chip aimed at loosening the stranglehold of Intel Corp. technology in that arena and modernizing the machines for the AI era. Software stocks rallied after Nvidia CEO Jensen Huang rebuffed concerns that the industry is at risk of being disrupted by more advanced AI tools. Barry Diller has made an offer for the remaining portion of MGM Resorts International he doesn’t already own, marking the latest pivot for the the billionaire media mogul after overhauling
IAC Inc. Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. Weeks after Michael Saylor opened the door to selling Bitcoin, Strategy Inc. disposed of about $2.5 million of the cryptocurrency, a symbolic break from the maximalist playbook that helped make the company one of the market’s largest buyers.
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