All-stock deal aims to create a diversified semiconductor equipment leader, though Axcelis shares dip on the news.
The all-cash deal allows Occidental to pay down significant debt and sharpen its focus on core oil and gas exploration.
ADP report reveals unexpected job losses, intensified by the ongoing government shutdown and delayed BLS data.
Warren Buffett's firm deepens its investment in the energy giant with an all-cash deal for its chemical division.
All-stock deal aims to create a diversified leader in the semiconductor sector, targeting high-growth AI and power device markets.
The deal will create a combined semiconductor equipment firm, but investors react cautiously to the terms, sending Axcelis stock down 3.4%.
Deal would be one of the largest in the utility sector, driven by surging power demand from AI and data centers.
Reports suggest BlackRock's Global Infrastructure Partners is nearing a deal, eyeing the energy provider's role in powering the AI boom.