latest news in companies

Broadcom Earnings Record Driven by AI Demand and Dividend Hike

Broadcom Earnings Record Driven by AI Demand and Dividend Hike

Palo Alto, Friday, 12 December 2025.
Broadcom reported record fourth-quarter revenue fueled by surging AI chip sales, prompting a 10% dividend increase and revealing a massive $73 billion backlog for future AI infrastructure.

Teck Resources and Anglo American Secure Court Approval for Historic Merger

Teck Resources and Anglo American Secure Court Approval for Historic Merger

Vancouver, Friday, 12 December 2025.
On December 12, 2025, the Supreme Court of British Columbia finalized the legal approval for the merger of equals between Teck Resources and Anglo American. This decisive move establishes the framework for “Anglo Teck,” a new Canada-headquartered entity set to become a top-five global copper producer. By consolidating assets, the merged giant will offer investors over 70% exposure to copper, fundamentally reshaping the competitive landscape for critical minerals as the deal moves toward regulatory review in 2026.

Rivian Targets Autonomy Leadership with New Custom Chips and LiDAR Strategy

Rivian Targets Autonomy Leadership with New Custom Chips and LiDAR Strategy

Irvine, Friday, 12 December 2025.
Rivian unveiled a proprietary 5nm processor and confirmed LiDAR integration for its upcoming R2 models, signaling a major strategic shift toward vertical integration to achieve Level 4 autonomy.

T1 Energy Prices $264 Million Capital Raise to Fund Austin Expansion

T1 Energy Prices $264 Million Capital Raise to Fund Austin Expansion

Austin, Friday, 12 December 2025.
T1 Energy secures $264.3 million via concurrent offerings to finance its Austin solar facility and ensure compliance with the One Big Beautiful Bill Act by year-end.

Oracle Earnings Miss Reignites AI Bubble Fears Amid Soaring Capital Costs

Oracle Earnings Miss Reignites AI Bubble Fears Amid Soaring Capital Costs

New York, Thursday, 11 December 2025.
Oracle wiped $80 billion in value after missing revenue targets, exposing deep market anxiety over the sustainability of massive AI infrastructure spending despite broader economic resilience.

CMS Energy Maintains Investor Confidence with New Dividend Announcement

CMS Energy Maintains Investor Confidence with New Dividend Announcement

Jackson, Thursday, 11 December 2025.
CMS Energy declares a 54.25 cent per share dividend, signaling continued financial health and a commitment to delivering steady returns for common stock shareholders.

Bass Pro Shops CEO Challenges NASCAR Leadership Integrity Over Disparaging Texts

Bass Pro Shops CEO Challenges NASCAR Leadership Integrity Over Disparaging Texts

Daytona Beach, Thursday, 11 December 2025.
Billionaire sponsor Johnny Morris suggests removing NASCAR’s commissioner after unsealed messages revealed leadership called team owner Richard Childress a “stupid redneck” and suggested he be flogged.

Altria Confirms $1.06 Quarterly Dividend, Extending Decades of Consistent Payouts

Altria Confirms $1.06 Quarterly Dividend, Extending Decades of Consistent Payouts

Richmond, Thursday, 11 December 2025.
Altria declares a $1.06 dividend, extending a 55-year payment history. With a yield topping 7 percent, the company prioritizes consistent returns despite ongoing sector headwinds.

NASCAR and Michael Jordan’s Team Reach Settlement Ending Federal Antitrust Trial

NASCAR and Michael Jordan’s Team Reach Settlement Ending Federal Antitrust Trial

Charlotte, Thursday, 11 December 2025.
NASCAR and Michael Jordan’s 23XI Racing reached a settlement ending their federal antitrust trial today. The historic agreement reportedly secures permanent team charters, fundamentally reshaping the business of professional motorsports.

Caterpillar Board Approves Continued Cash Returns for Shareholders

Caterpillar Board Approves Continued Cash Returns for Shareholders

Irving, Thursday, 11 December 2025.
Caterpillar maintains its $1.51 dividend, continuing a 32-year legacy of reliable returns as a Dividend Aristocrat, with the next payment scheduled for February 19, 2026.