Category : Search result: 85 billion merger


Nvidia strikes $20B deal with AI startup Groq

Nvidia has entered a massive $20 billion agreement to license AI inference technology from startup Groq. The deal, one of Nvidia's largest, aims to expand its lead in the artificial intelligence chip market.

$1.8B Powerball won in Arkansas on Christmas Eve

A single ticket sold in Arkansas has won the massive $1.817 billion Powerball jackpot, ending a three-month jackpot drought. The winner can choose a lump-sum payment of $834.9 million.

Powerball Jackpot: $1.817 Billion Won in Arkansas

A single Powerball ticket sold in Arkansas has won the colossal $1.817 billion jackpot, marking one of the largest lottery prizes in history. Discover the details of this life-changing win.

Powerball jackpot soars to US$1.7 billion

The Powerball lottery jackpot has climbed to a staggering US$1.7 billion after no ticket matched all numbers in the latest draw. Discover the details and what happens next.

Elon Musk becomes first person worth $700 billion

Elon Musk's wealth soars to an unprecedented $700 billion following a court ruling upholding his Tesla pay package. This milestone solidifies his position as the world's richest person.

CPKC Warns of Risks in U.S. Rail Merger

Canadian Pacific Kansas City highlights significant dangers in a major U.S. railroad consolidation plan. Read the full analysis of the potential impacts on cross-border trade and competition.

Nasdaq Predicts Big Year for Major IPOs in 2026

Nasdaq anticipates a significant increase in large-scale IPOs valued over $1 billion in the coming year, pointing to renewed investor confidence and market strength. Read the full analysis.

Hut 8 shares jump on $7B AI data center deal

Former bitcoin miner Hut 8 sees its stock surge after securing a massive US$7 billion lease agreement for artificial intelligence data centre operations. Discover the details of this pivotal shift.

Warner Bros. Discovery Rejects Paramount Bid

The board of Warner Bros. Discovery has formally rejected an unsolicited takeover bid from rival Paramount Global. The decision, announced on December 17, 2025, leaves the media giant's current strategic path intact.

Corcoran's BS Rating for 'Rogers v. Rogers' Theatre Play

Financial Post columnist Terence Corcoran reviews the new satirical play 'Rogers v. Rogers,' critiquing its portrayal of the telecom battle and the glorification of Canada's competition commissioner. Read his take.

Powerball Jackpot Hits US$1.25 Billion

The Powerball lottery prize climbs to an estimated US$1.25 billion after no one won the grand prize in the December 15 drawing. The massive jackpot continues to capture North American attention.

Canada's $80B High-Speed Rail Plan: 44-Year Payback

The federal government launches an ambitious high-speed rail link from Toronto to Quebec City. With an $80 billion price tag and a 44-year payback period, we examine if this transformative project is feasible.

Netflix buys Warner Bros for $83 billion

Netflix Inc. has agreed to an $83 billion takeover of Warner Bros Discovery's studios and streaming business, poised to create a dominant global entertainment giant. Discover the details and implications of this historic deal.

Comcast Bids to Merge NBCUniversal with Warner Bros.

Comcast Corp. has made a renewed offer to merge NBCUniversal with Warner Bros. Discovery, aiming to create an entertainment giant. The deal includes a management role for Warner CEO David Zaslav.

$2B Copper Joint Venture Announced for Sudbury Basin

Mining giants Vale and Glencore have agreed to a $2 billion joint venture to develop a major brownfield copper project in Ontario's Sudbury Basin, marking a significant investment in Canadian mining.

McIlroy: PGA-LIV Golf Merger 'Very Difficult'

Golf star Rory McIlroy calls LIV Golf's spending 'irrational' and expresses deep skepticism about a potential merger with the PGA Tour, citing fractured sports history.

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