Alphabet considers bid for $32 billion HubSpot: Report

Sundar Pichai, CEO, Alphabet Source: Google Shares of HubSpot popped 7% on Thursday morning after Reuters reported that Alphabet is in talks with its advisers to make an offer for the marketing software company. Alphabet has in recent days discussed how much it should offer and whether antitrust officials would greenlight the deal, Reuters reported, […]

Riding the Wave of AI – NVIDIA’s 2024 and Beyond Stock Analysis

NVIDIA (NVDA) has ridden the AI wave like no other company, given the robust demand for its high-performance GPUs. In this piece, I analyze NVDA’s prospects for 2024 and beyond. Keep reading. Since last year, NVIDIA Corporation (NVDA) has been the subject of much discussion. The company’s fortunes have been linked to the massive AI […]

Upside ahead for Amazon, but a ‘rate trap’ looms for BofA

(This is CNBC Pro’s live coverage of Thursday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Online marketplace giant Amazon took focus in the overnight market calls, with analysts at Jefferies seeing a broad range of factors likely to contribute to a surge in the company’s share […]

SK Hynix plans to invest $3.87 billion in U.S. chip facility

SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images SK Hynix, one of the world’s largest memory chipmakers, said it would invest $3.87 billion in its first chip packaging facility in the U.S., marking another […]

Home Depot snaps up SRS in $18.25 billion deal

To enhance Home Depot’s offerings to professional tradespeople, the company has acquired SRS Distribution Inc. The world’s largest home improvement retailer will be making the deal with the “leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor,” according to a release from the company. Home Depot professional […]