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Super Micro Computer, Inc. (SMCI) Terminates Loan Agreements with Cathay Bank and Bank of America Amid Financial Struggles

We recently compiled a list of the 15 Trending AI Stocks on Latest Ratings and News. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other AI stocks. Latest reports indicate that billionaire Masayoshi Son, the founder of Japanese multinational tech firm Softbank, is […]

Business & Finance

Billionaire Mukesh Ambani’s Reliance, Disney Complete $8.5 Billion India Merger

Mukesh Ambani, chairman of Reliance Industries Ltd., during the Vibrant Gujarat Global Summit in … [+] Gandhinagar, Gujarat, India, on Wednesday, Jan. 10, 2024. © 2024 Bloomberg Finance LP Reliance Industries—controlled by India’s richest person, Mukesh Ambani—and Walt Disney Co. have completed merging their Indian media assets, creating India’s largest entertainment company valued at $8.5 […]

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Musk reacts to Ambani lobbying, calls any India move to auction satellite spectrum ‘unprecedented’

NEW DELHI (Reuters) – Starlink boss Elon Musk said a move by India to auction satellite broadband spectrum, and not allocate it, would be “unprecedented”, reacting to a Reuters story that rival billionaire Mukesh Ambani was lobbying for the auction route. In what is seen as a battle between the two billionaires, Starlink argues administrative […]