Paramount, Comcast, Netflix submit offers

Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first-round offers, according to people familiar with the matter. Comcast, the parent company of NBCUniversal, bid solely for the film and streaming assets, which consists of the Warner Bros. studio and HBO Max, the people…

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Nvidia Blackwell, Google TPUs, AWS Trainium: Comparing top AI chips

Nvidia outperformed all expectations, reporting soaring profits Wednesday thanks to its graphics processing units that excel at AI workloads. But more categories of AI chips are gaining ground. Custom ASICs, or application-specific integrated circuits, are now being designed by all the major hyperscalers, from Google’s TPU to Amazon’s Trainium and OpenAI’s plans with Broadcom. These…

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Earnings from Burlington, Best Buy, Kohl’s and Dell

CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street which, although short, is chock full of earnings. He highlighted reports from retailers including Burlington Stores, Best Buy and Kohl’s, as well as tech giant Dell. “Every data point, every bit of research and earnings will be scrutinized starting Monday, just like…

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Rep. Marjorie Taylor Greene resigns effective January

U.S. Rep. Marjorie Taylor Greene (R-GA) speaks, at a campaign event for Republican presidential nominee and former U.S. President Donald Trump, at the Johnny Mercer Theatre Civic Center in Savannah, Georgia, U.S. September 24, 2024.  Megan Varner | Reuters Republican Rep. Marjorie Taylor Greene of Georgia announced on Friday night that she will resign her…

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