Grafa News and Videos — Page 751

In a stark illustration of how artificial intelligence continues to reshape corporate valuations on Wall Street, memory chipmaker Micron Technology (NASDAQ:MU) has entered the exclusive tier of companies valued at over $1 trillion, while retail giant Walmart (NASDAQ:WMT) has dropped out.

Ironwood Pharmaceuticals (NASDAQ:IRWD) secured expanded U.S. regulatory clearance for its blockbuster drug Linzess, making it the first and only prescription medication available for young children suffering from functional constipation.

AkzoNobel has rejected a joint 12.49 billion-euro ($14.53 billion) all-cash takeover proposal from Japan’s Nippon Paint Holdings and U.S.-based The Sherwin-Williams Company (NYSE:SHW), choosing instead to advance its previously agreed-upon merger with Axalta Coating Systems.

CBL Properties (NYSE:CBL) completed the sale of Hammock Landing, an open-air shopping center in West Melbourne, Florida, for $78.5 million as part of its ongoing capital reallocation program.

Alpha Compute (NYSE:ALP) closed its previously announced majority acquisition of gaming and digital rewards platform GAMEE, expanding its footprint into digital consumer applications and establishing a newly formed business division called Alpha Games.

Kraken has introduced Bitcoin Vault, a new Kraken Earn product that lets eligible users earn rewards on their Bitcoin holdings.

Kaos Capital, an activist hedge fund based in Miami, has acquired a 4.9% stake in BioRestorative Therapies (NASDAQ:BRTX) and plans to push the biotechnology company to pivot toward artificial intelligence opportunities.

Diana Shipping (NYSE:DSX) sweetened its all-cash hostile bid to acquire rival dry bulk carrier Genco Shipping & Trading (NYSE:GNK) for $1.433 billion, escalating pressure on the target company's board while prolonging its concurrent proxy fight.

Bitcoin mining stocks have gained fresh attention as investors increasingly view miners as energy and data centre operators rather than only Bitcoin producers.

G-III Apparel Group (NYSE:GIII) announced that its board of directors has declared a quarterly cash dividend of $0.10 per share, continuing its programmatic capital return strategy for the current fiscal period.