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Activist Jana Partners calls for a strategic review at Wolfspeed. Here’s how it may develop
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Consumer sentiment tumbles as inflation fears surge
The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.CNBC - Business -
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a legendary mathematician who founded quantitative hedge fund Renaissance Technologies, passed away on Friday.CNBC - Business -
Elon Musk's X loses lawsuit against Bright Data over data scraping
A federal judge in California dismissed a lawsuit filed by Elon Musk's X against Israel's Bright Data, and said X "wants it both ways."CNBC - Business -
Sam Altman takes nuclear energy company Oklo public to help further his AI ambitions
Sam Altman, best known as the CEO of OpenAI, is also chairman of a nuclear power company called Oklo, which has just gone public through a SPAC.CNBC - Business -
Missed the last student loan forgiveness deadline? There may still be other options for relief
Some of the student loan borrowers who missed the April 30 deadline to qualify for quicker debt forgiveness may still be eligible for other relief options.CNBC - Business