Shoppers exit the Nordstrom at the Westfield Topanga mall in Canoga Park, California, on Aug. 14, 2023.Christina House | Los Angeles Times | Getty ImagesNordstrom shares jumped more than 10% on Tuesday following a report that the department store chain is attempting to go private.The retailer's founding family is...
Here are the companies making headlines on Wall Street ahead of the opening bell. Nvidia — The semiconductor stock dipped 1.7% as investors digested Monday's launch of new artificial intelligence chips. Several Wall Street analysts hiked their price target for Nvidia after the event. Advanced Micro Devices — The...
Artificial intelligence is moving into the housing space, specifically architecture.ICON, which developed one of the first fully 3D-printed housing developments in the U.S., is taking automation another step further. It recently unveiled what it calls Vitruvius, an AI program that helps consumers design custom homes online and get the...
Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy battle between the company and activist investor Nelson Peltz.Lucas, who received 37.1 million Disney shares as part of Disney's $4.05 billion purchase of Lucasfilm in 2012, is currently the...
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024.Brendan Mcdermid | ReutersThe forces that consumed three regional lenders in March 2023 have left hundreds of smaller banks wounded, as merger activity — a key potential lifeline — has...
Bentley Continental GTC Speed in Kingfisher.Adam Jeffery | CNBCBentley Motors is pushing back its plans to exclusively offer all-electric vehicles by the end of this decade due to changing market conditions and a delay in its first EV.CEO Adrian Hallmark said the famed British luxury carmaker remains committed to...