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Why Is Arm Holdings Stock Trading Higher On Monday?

By Anusuya Lahiri
June 3, 8:38 AM
Arm Holdings (NASDAQ: ARM) traded higher as CEO expects AI readiness of 100 billion devices by 2025. Analysts bullish on licensing and AI potential.

AMD

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TJX, Sysco, Lululemon And A Healthcare Stock On CNBC’s ‘Final Trades’

By Avi Kapoor
June 3, 8:30 AM
Brenda Vingiello of Sand Hill Global Advisors named TJ Maxx's parent company, The TJX Companies Inc., as her final trade.

ABBV

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Why Is Boat Dealership Giant MarineMax’s Stock Soaring Today?

By Shivani Kumaresan
June 3, 8:29 AM
MarineMax shares surged as OneWater Marine reportedly in acquisition talks with a $40 per share all-cash offer. An official announcement is expected soon, although the deal is not yet finalized.

HZO

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Why Is Paramount Global Stock Trading Higher On Monday?

By Anusuya Lahiri
June 3, 8:27 AM
Paramount Global is considering Skydance Media's offer to purchase National Amusements and merge with Paramount Global, providing nonvoting shareholders a cash out option at a premium.

APO

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Microsoft Plans $3.2B AI And Cloud Investment In Sweden: Report

By Shivani Kumaresan
June 3, 6:55 AM
Microsoft reportedly plans to invest 33.7 billion Swedish crowns ($3.21 billion) to upgrade its cloud and AI infrastructure in Sweden over the next two years. This marks Microsoft's largest investment in Sweden, focusing on technology enhancements and training 250,000 people in AI skills.

MSFT

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Waste Management Nears $7B Deal To Acquire Stericycle: Report

By Shivani Kumaresan
June 3, 6:14 AM
Waste Management is reportedly set to acquire Stericycle for $7 billion, including debt, enhancing its medical-waste-disposal capabilities. The deal, likely to be announced Monday, will strengthen Waste Management's market presence. With Stericycle's $1 billion debt,

COP

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Ex-Treasury Secretary Larry Summers Warns Trump’s Re-Election May Push Mortgage Rates Beyond 10%: ‘Never Been A Presidential Platform So Self-Evidently Inflationary’

By Shanthi Rexaline
June 3, 5:48 AM
Summers was among the economists who warned the Biden administration of the risk of rising inflation when it approved a massive COVID-19 relief package in 2021.

TIP

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Boeing Busted For Stealing Trade Secrets? Jury Awards $72M To Electric Aircraft Startup, Troubled Planemaker To Contest Judgment

By Anan Ashraf
June 3, 3:17 AM
The jury awarded $72 million to Zunum after agreeing Boeing copied the startup's tech and drove it out of the market after investing in the company.

BA

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Florida Teen’s Lost AirPod Leads Police To Hit-And-Run Driver’s Arrest: ‘People Say It’s Karma’

By Ananya Gairola
June 2, 10:17 PM
A teenager's lost AirPod and Apple's Find My app led to the arrest of a hit-and-run driver in Jensen Beach, Florida, after the missing AirPod's location directed police to the suspect's home.

AAPL

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Elon Musk-Jamie Dimon Ending Years-Long Feud? Report Says Billionaire’s Attendance At JPMorgan’s March Tech Conference Paved The Way For Truce

By Shanthi Rexaline
June 2, 6:43 PM
JPMorgan's refusal to underwrite leases of Tesla EVs in 2016 set Elon Musk and Jamie Dimon on a collision course.

GS

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