Anita Ramaswamy

Video game retailer GameStop is preparing a bid that it could submit as soon as this month to buy e-commerce site eBay, according to The Wall Street Journal. The news comes after GameStop CEO Ryan Cohen, who took the helm of the company in late 2023, said as recently as this January that he was searching for potential acquisition targets in the retail sector to expand its own business beyond

Nvidia is partnering with Corning, which manufactures glass used in smartphones as well as optical fiber and hardware components for data centers, to build three new factories in North Carolina and Texas focused on optical technologies. As part of the arrangement, Corning has issued Nvidia warrants to purchase up to $3.2 billion of Corning’s stock.The biggest chunk of the warrants are priced

Shares of iconic glassmaker Corning Inc. have doubled so far this year to their highest price ever, thanks to surging demand for Corning’s fiber optic cables that connect servers and AI data centers to one another. A partnership Corning announced with Nvidia this week gave the stock another ...

Shares in Seagate Technology, which makes hard disk drives for data storage, fell 7% Monday after CEO William Mosley suggested the company was more focused on increasing capacity on its individual hard drives than “building new factories or bringing up new machines that would just take too long.” Building more factories would divert resources away from those technological innovations, potentially

Shares of Nvidia don’t trade like those of a company whose revenues are expected to rise 83% this year. Instead, the stock is priced as though everything that could go wrong in the next couple of years will go wrong. That creates an opportunity for investors willing to take a longer view. Most ...

Data backup and recovery software firm Commvault’s stock slid 16% in the hours following its announcement that its revenue growth slowed to 11% year-over-year, representing $314 million in sales, in the July quarter compared to a year-over-year rate of 13% in the previous quarter. Still, Commvault’s stock is up 2% for the year so far, outperforming the iShares software ETF, IGV, which is down 10%