The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to extend the upward move seen over the course of last Friday's session.The may benefit from resumed strength among artificial intelligence stocks, which helped lead a pullback in the middle of last week.Shares of AI darling and market leader Nvidia (NVDA) are jumping by 1.0 percent in pre-market trading, while shares of Oracle (ORCL) are climbing by 0.9 percent after moving sharply lower over the past severa ...

Electronic Arts (EA), one of the world's largest video game publishers, is set to be taken private in a $55 billion deal led by a consortium that includes Saudi Arabia's Public Investment Fund (PIF), ... ...

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The stock market closed higher on Friday, buoyed by inflation data that came in line with expectations. However, the S&P 500 and Nasdaq Composite ended the week with losses, snapping a three-week winning streak. The Dow Jones Industrial Average rose 299.97 points, or 0.65%, to close at 46,247.29. This morning's US economic data confirms a strong economy, with the Federal Reserve's preferred inflation gauge (PCE) settling near 3%.Specifically, the latest income and spending figures came in stronger than expe ...

The videogame company is being taken private in an all-cash deal. ...

Key TakeawaysElectronic Arts (EA) is set to be acquired by a consortium including PIF, Silver Lake, and Affinity in a $55 billion deal, valuing the company at approximately $210 per share.Novartis AG (NVS) has initiated a tender offer to purchase all outstanding shares of Tourmaline Bio (TRML) for $48 per share in cash, with the offer expiring on October 27, 2025.As a potential U.S. government shutdown looms, investors are flocking to safe-haven assets, driving U.S. Treasuries firm and pushing U.S. gold res ...

An Electronic Arts video game logo is seen at the Electronic Entertainment Expo.Electronic Arts said Monday that it has agreed to be acquired by PIF, Silver Lake and Affinity Partners in an all-cash deal worth $55 billion.Shareholders of the company will receive $210 per share in cash.Trading was halted on EA with the stock up about 6% premarket. Shares gained about 15% Friday after the Wall Street Journal reported that the company was nearing a deal to go private. ...

Videogame publisher Electronic Arts said on Monday it has agreed to be taken private by a consortium consisting of private equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Affinity P... ...

By Zaheer Kachwala (Reuters) -Videogame developer Electronic Arts has agreed to sell itself to a group of private investors in a deal that values the maker of "Battlefield" and "Madden NFL" at $55 billion, which if completed would be the largest leveraged buyout in history. Saudi Arabia's Public Investment Fund, Jared Kushner's Affinity Partners and private equity firm Silver Lake came together to buy the popular videogame maker with a combination of $36 billion in cash, equity already held by PIF, and $ ...

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