AMD Stock Jumps on Outlook. AI Growth Is Boosting Margins.
AMD said expects to increase operating margin from 24% this year to more than 35% over the next three to five years.
----
SoftBank Sells Its Nvidia Stake for $5.8 Billion to Fund OpenAI Bet
The company reported its quarterly net profit more than doubled, driven by gains from its investment in the ChatGPT maker.
----
Sony Raises Guidance on Anime Success, Smaller Expected Tariff Hit
The Japanese electronics and entertainment company raised its earnings forecasts after a stronger-than-expected second quarter.
----
One of Blackstone's Top-Ranking Women to Leave Firm
Kathleen McCarthy Baldwin, global real-estate co-head, said she will leave at the end of the year.
----
Parker-Hannifin to Buy Filtration Group for $9.25 Billion
Parker-Hannifin has agreed to buy Filtration Group for $9.25 billion, adding a major filtration-technologies manufacturer to its industrial portfolio.
----
Democratic Lawmakers Say Genesis Insider Sale May Abuse Bankruptcy System
Sens. Elizabeth Warren and Richard Blumenthal ask the Justice Department's bankruptcy watchdog to examine the proposed Genesis sale.
----
Munich Re Cuts Revenue Guidance Further But Maintains Profit View
The German reinsurer posted higher profit though trimmed its insurance-revenue guidance, as currency fluctuations weighed on the company's top line.
----
TPG to Seek Bids for School Operator Valued at Up to $2 Billion
The private-equity firm plans to seek bids next month for its stake in Southeast Asia school operator XCL Education.
----
Microsoft, Google to Invest Over $16 Billion to Expand AI Infrastructure in Europe
The two companies will fund infrastructure developments in Portugal and Germany in the latest spending commitments from U.S. tech giants to bolster capacity overseas.
----
Vodafone German Market Shows Signs of Recovery
Shares rose after the company returned to top-line growth in its biggest market, Germany, after being dragged by regulatory changes in the country for more than a year.
----
A Big Data Center Planned in South Korea Could Be Built and Run by AI
In South Korea, a $35 billion facility under development could be the world's first large-scale data center designed, built and run by artificial intelligence.
----
Anthropic Is on Track to Turn a Profit Much Faster Than OpenAI
Financial documents from both companies show the different approaches they are taking to the AI boom.
----
CoreWeave Reports Doubling of Revenue From AI Boom
The data-center operator said it has a $55 billion sales backlog after a quarter of rapid dealmaking.
----
Paramount Reports Streaming Growth in First Earnings Since Skydance Merger
The company said it plans to implement price increases in the U.S. in the first quarter of 2026 for Paramount+.
(END) Dow Jones Newswires
November 11, 2025 17:00 ET (22:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.