ISM Services PMI Jumps to 55.4, Complicating the Fed’s Rate-Cut Outlook
A stronger August services report points to resilient US demand, potentially making the Federal Reserve more cautious about near-term easing.
Nvidia’s $12.9 Billion Hugging Face Deal Extends Its AI Full-Stack Strategy
Nvidia’s proposed $12.9 billion Hugging Face acquisition could deepen its reach from AI chips into models, software and …
AbbVie’s $11 Billion Apogee Acquisition Bolsters Its Immunology Pipeline
AbbVie’s completed $11 billion Apogee deal strengthens its immunology strategy as Humira biosimilar pressure keeps pipel…
Hillman’s Kanebridge Acquisition Deepens Its U.S. Industrial Distribution Strategy
Hillman’s completed Kanebridge deal adds a long-tail U.S. industrial distribution platform to its established hardware a…
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