Nuvei (NVEI) shares surge by over 30% as a Wall Street Journal report revealed the company is nearing a buyout deal with Advent International. While some financial firms have looked down upon the company's position, it has gained the backing of Hollywood star Ryan Reynolds. Yahoo Finance Anchors Madison Mills and Josh Lipton break down the latest development for Nuvei and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Nuvei (NVEI) shares surge by over 30% as a Wall Street Journal report revealed the company is nearing a buyout deal with Advent International. While some financial firms have looked down upon the company's position, it has gained the backing of Hollywood star Ryan Reynolds.
Yahoo Finance Anchors Madison Mills and Josh Lipton break down the latest development for Nuvei and what it could mean for the company moving forward.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Nicholas Jacobino
Bloomberg
(Bloomberg) -- Nuvei Corp. has begun discussions and is reviewing expressions of interest in a potential deal, responding to a Wall Street Journal report that private equity firm Advent International is close to buying out the Canadian payments processor.Most Read from BloombergApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesPutin Warns Russia Won’t Stop After Predictable Election WinSaudi Wealth Fund Is in Talks to Acquire National AirlineChina’s Growth Bump May Dent Urgency for
Bloomberg
(Bloomberg) -- Nuvei Corp., the Canadian payments processor backed by actor Ryan Reynolds, is in advanced talks with private equity firm Advent International for a buyout, the Wall Street Journal reported, citing people familiar with the matter.Most Read from BloombergPutin Warns Russia Won’t Stop After Predictable Election WinApple Is in Talks to Let Google Gemini Power iPhone AI FeaturesSaudi Wealth Fund Said in Talks to Acquire National AirlineChina’s Growth Bump May Dent Urgency for More Sti
Bloomberg
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The Wall Street Journal
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Reuters
Super Micro Computer, which joins the S&P 500 on Monday, enjoys a rare advantage among server makers that are trying to tap the generative AI boom - close ties with Nvidia that help it launch products faster than rivals Dell and Hewlett Packard Enterprise. The company has historically been among the first to receive artificial intelligence chips from Nvidia and Advanced Micro Devices as it helps them check server prototypes, giving it a head start over rivals, analysts and industry experts said. That has helped turn the company into a key supplier of servers essential for generative AI apps and sent Super Micro's shares up 289% so far this year.
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