Tesla (TSLA) is a top trending ticker on Yahoo Finance after CEO Elon Musk posted on his social media platform X that he is "uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control." Apple (AAPL) is reportedly removing the blood-oxygen sensor from some of its watches in order to avoid a ban on the devices. It's part of an ongoing patent dispute between the tech giant and medical technology company Masimo (MASI). Chip software company Synopsys (SNPS) is buying Ansys (ANSS), an engineering software firm, in a $35 billion deal. The cash and stock deal is set to close in the first half of 2025, pending shareholder and regulatory approval. Yahoo Finance's Rachelle Akuffo and Akiko Fujita break down some of Tuesday's top trending tickers. 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 Stephanie Mikulich
Tesla (TSLA) is a top trending ticker on Yahoo Finance after CEO Elon Musk posted on his social media platform X that he is "uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control."
Apple (AAPL) is reportedly removing the blood-oxygen sensor from some of its watches in order to avoid a ban on the devices. It's part of an ongoing patent dispute between the tech giant and medical technology company Masimo (MASI).
Chip software company Synopsys (SNPS) is buying Ansys (ANSS), an engineering software firm, in a $35 billion deal. The cash and stock deal is set to close in the first half of 2025, pending shareholder and regulatory approval.
Yahoo Finance's Rachelle Akuffo and Akiko Fujita break down some of Tuesday's top trending tickers.
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 Stephanie Mikulich
Barrons.com
Synopsys the largest provider of electronic design automation software, agreed to buy Ansys for $35 billion in cash and stock in the biggest technology deal of 2024 so far. Synopsys is an artificial intelligence stock that hasn’t received as much attention as its customers such as Nvidia Advanced Micro Devices or Intel Ansys provides simulation software that helps engineers predict how their products will work. “Bringing together Synopsys’s industry-leading EDA solutions with Ansys’s world-class simulation and analysis capabilities will enable us to deliver a holistic, powerful and seamlessly integrated silicon-to-systems approach to innovation to help maximize the capabilities of technology R&D teams,” said Sassine Ghazi, chief executive of Synopsys, in a statement.
South China Morning Post
Shares of Hong Kong-listed investment firm Ding Yi Feng Holdings Group International have taken a hit amid speculation that its Shenzhen affiliate plans to list on an international digital exchange, and freeze asset trading for the next several months. The move has confounded market observers, who believe the company could be in trouble. Founder Sui Guangyi plans to list Ding Yi Feng International Asset Management Group on an overseas digital exchange to help investors generate "significant retu
South China Morning Post
A price war in mainland China, the world's largest smartphone market, has intensified amid widening discounts offered for iPhones by online marketplaces, as Apple unseated rival Samsung Electronics in annual industry shipments worldwide for the first time in 2023. Chinese e-commerce giant JD.com on Monday touted deeper discounts of as much as 800 yuan (US$112.24) off on the latest iPhone 15 model in a post on WeChat, which was on the same day Apple offered to cut prices by up to 500 yuan on a ra
TechCrunch
Microsoft evidently envisions Copilot, the umbrella brand for its portfolio of AI-powered, content-generating technologies, becoming a significant future revenue line-item. And that's perhaps not far off base; according to the company, more than 40% of the Fortune 100 participated in its Copilot early access program. But given the enormous cost of running GenAI models in the cloud, getting Copilot from expenditure to reliable revenue generator will require sustained -- and large-scale, ideally -
Barrons.com
Morgan Stanley misses earnings estimates while Goldman Sachs posts a beat, the return of Boeing 737 MAX deliveries to China are hit with further delays, and AMD stock is the best performer in the S&P 500.
Bloomberg
(Bloomberg) -- The owner of Burger King plans to buy its largest US franchisee for about $1 billion in cash in a bid to fast-track an overhaul of hundreds of locations and win back customers.Most Read from BloombergIowa Latest: Haley Unveils New Ad, Looking to New HampshireTrump Scores Easy Win in Iowa With DeSantis a Distant SecondUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaTreasury Yields Climb After Waller’s Rate Remarks: Markets WrapWhat Is Disease X? How Scientists Are Prepar
Bloomberg
(Bloomberg) -- Elon Musk leaned on Tesla Inc.’s board to arrange another massive stock award for him years after he sold a significant chunk of his shares in the company to acquire Twitter.Most Read from BloombergIowa Latest: Haley Unveils New Ad, Looking to New HampshireTrump Scores Easy Win in Iowa With DeSantis a Distant SecondUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaTreasury Yields Climb After Waller’s Rate Remarks: Markets WrapWhat Is Disease X? How Scientists Are Preparin
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