BusinessMarvell Just Bet 115 Billion Dollars That the Future of AI Runs on Light—Not Just Silicon
Marvell Technology announced a 15 billion acquisition of Lumentum Holdings on November 2, betting that optical networking—moving data with light instead of electricity—will be critical to AI infrastructure.
FinanceFed Governors Signal 50-Basis-Point December Hike Is on the Table—And Markets Are Finally Paying Attention
Fed officials Christopher Waller and Lorie Logan delivered the clearest hawkish signal yet on November 10, opening the door to a jumbo half-point rate hike in December as October inflation hit 4.1 percent.