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Qualcomm Repurchasing $20 Billion in Shares and Raising Dividend

Qualcomm Repurchasing $20 Billion in Shares and Raising Dividend

Qualcomm Announces Stock Buybacks and Dividend Increase (Bloomberg) — Qualcomm, recognized as the leading smartphone processor, is set to embark on an additional $20 billion stock buyback initiative while also increasing its quarterly cash dividend. This move is part of a broader strategy to enhance shareholder returns and diversify its business operations. The company’s board […]

Mastercard plans to purchase BVNK for $1.8 billion to enhance its stablecoin payment efforts.

Mastercard plans to purchase BVNK for $1.8 billion to enhance its stablecoin payment efforts.

Mastercard to Acquire BVNK for $1.8 Billion Mastercard has reached an agreement to purchase BVNK, a company specializing in stablecoin infrastructure, for as much as $1.8 billion. This move is aimed at improving the use of digital assets in international payment systems. By leveraging BVNK’s technology, Mastercard plans to integrate on-chain payments into its extensive […]

Honda records a $15.7 billion loss due to its failing electric vehicle operations

Honda records a $15.7 billion loss due to its failing electric vehicle operations

Honda’s Shift in Electric Vehicle Strategy Honda has recently announced a staggering $15.7 billion write-down associated with its electric vehicle (EV) operations as it re-evaluates its U.S. strategy in response to declining consumer interest in EVs. The company’s abrupt shift means it will restructure its EV division and abandon three planned models that were slated […]

Kalshi is providing a $1 billion reward for a flawless March Madness bracket.

Kalshi is providing a $1 billion reward for a flawless March Madness bracket.

$1 Billion Up for Grabs in March Madness Bracket Challenge A significant prize of $1 billion is on the table for anyone who can create the ideal March Madness bracket. This opportunity comes from Calci, a rising prediction market platform in the sports realm, which is set to launch this enticing challenge for the 2026 […]

Chinese purchasers spend $13.7 billion on U.S. properties, reducing choices for Americans.

Chinese purchasers spend $13.7 billion on U.S. properties, reducing choices for Americans.

Trump Calls for Action Against Foreign Home Buyers President Donald Trump is pushing Congress to prevent Wall Street firms from buying up single-family homes. It’s understandable, really. He’s concerned that wealthy investors are pushing young and middle-class Americans out of the housing market, particularly in rapidly expanding southern cities. However, there’s another group of buyers […]

Google puts $1 billion into expanding its data center in North Carolina

Google puts $1 billion into expanding its data center in North Carolina

Abhijit Dubey, who is the President and CEO of NTT Data, recently appeared on “Morning with Maria.” He shared insights about the new Nvidia-powered AI factory, competition in global data center markets, concerns regarding military applications of AI, and future technological advancements. On Friday, Google declared its plan to invest $1 billion in developing its […]