Author: franperez66q@protonmail.com
Novo Nordisk is looking for deals more than ever before, the CEO of the Danish drugmaker said in an interview with CNBC on Wednesday. “If our ambition is to help hundreds of millions of patients out there, then we need not just the best, but the broadest pipeline in the world,” said Novo Nordisk CEO Mike Doustdar. “So let’s go and see who else basically has assets that are complementary to what we have. And we are quite active with those [business development] talks and acquisitions, and you’ll see more of those as well going forward.”Novo created the market for…
Blue Owl private credit funds cut dividends as borrowing costs rise Source link
Cloud computing giants cannot afford to pinch pennies on the artificial intelligence buildout, CNBC’s Jim Cramer argued Wednesday. Cramer’s comments came after he heard someone describe the rally in data center and AI-related stocks as an “if you build it, they will come” dynamic — the idea that companies are spending aggressively on infrastructure in hopes customers eventually materialize. However, Cramer said applying the famous phrase from the movie “Field of Dreams” to the AI boom misses a crucial point: The customers already exist, and the cloud providers racing to keep up with demand. “The whole point of this data…
On Wednesday, a spokesperson for Cardiff council said: “Following further discussions with the local authority’s contracted print provider, it has been confirmed that, while the relevant data was received from the council, the print run for the supplementary voting packs scheduled for last week did not fully take place. Source link
OpenAI CEO Sam Altman, at left, seen on Nov. 16, 2023, and Elon Musk, CEO of SpaceX and Tesla, seen on June 16, 2023.Carlos Barria | Gonzalo Fuentes | ReutersIn the eyes of prediction markets traders, Elon Musk is hurting himself in the trial against OpenAI. The multibillion-dollar lawsuit against OpenAI went to trial on April 27 in federal court in Oakland, California. The day after proceedings started, Kalshi traders were calling for a 60% likelihood Musk would win the case. Those odds dropped to just under 34% on May 2, two days after Musk concluded his testimony. Eric Zitzewitz,…
Colombia stocks higher at close of trade; COLCAP up 0.73% Source link
Google’s AI-focused DeepMind division has taken a minority stake in the developer of popular sci-fi simulation EVE Online, saying it will use the game to study “intelligence in complex, dynamic, player-driven systems.” The research partnership comes as the management behind EVE Online developer CCP Games announced that they have spent $120 million to buy themselves out from their former owners at South Korean publisher Pearl Abyss (Crimson Desert). The newly independent entity is being rebranded as Fenris Creations, which will continue to operate as normal without any restructuring or layoffs, the company said. “Something that already behaves like a living…
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025.Mario Tama | Getty ImagesWarner Bros. Discovery on Wednesday reported a staggering net loss for the first quarter, but it has an explanation. The company booked a net loss of $2.9 billion, far larger than the net loss of $453 million it reported in the year-earlier quarter. The figure included $1.3 billion of “pre-tax acquisition-related amortization of intangibles, content fair value step-up and restructuring expenses” as well as the $2.8 billion termination fee that Warner Bros. Discovery owed Netflix after their pending transaction fell through in…
Apple settles lawsuit over late Siri AI features for $250 million Source link
Avishek Das | Lightrocket | Getty ImagesDoorDash reported mixed first-quarter results after the bell on Wednesday as it pours more money into new technology and features. Shares popped 8% following the report.Here’s how the company did versus LSEG estimates:Earnings per share: 42 cents vs. 36 cents expectedRevenue: $4.04 billion vs. $4.14 billion expectedRevenue rose 33% from $3.03 billion a year ago, while total orders jumped 27% to $933 million, but came up short of the $954 million estimate from analysts.Net income during the period declined to $184 million, or 42 cents per share, from $193 million, or 44 cents per…