News Corp retains dual-class structure after activist proposal defeated

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The story "News Corp retains dual-class structure after activist proposal defeated" was covered 1 days ago by Financial Times, a news publisher based in United States.

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Financial Times 1d ago

News Corp retains dual-class structure after activist proposal defeated - Financial Times

Quick Summary:

Wall Street’s S&P 500 finished less than 0.1 per cent higher, with the index staging a late rally to recover from losses earlier in the session.

Nvidia’s revenue almost doubled from a year ago in the latest show of strength for the chipmaker that has been one of the biggest beneficiaries of the artificial intelligence boom.

The company’s revenue guidance for the current quarter was $37.5bn, plus or minus 2 per cent, which met consensus expectations of $37bn.