In 2018, Broadcom’s $120 billion bid to acquire Qualcomm was rejected, with the Trump administration citing national security concerns. Broadcom later withdrew the offer, leading to a surge in its shares by 24% and reaching a market cap exceeding $1 trillion. Since abandoning the Qualcomm bid, Broadcom’s shares have increased by over 760%, surpassing Qualcomm’s gain of 165% and outperforming the S&P 500’s 119% rise.
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US and Ukraine sign memorandum of intent on minerals deal
Kyiv and Washington have signed a memorandum of intent to advance an investment fund agreement for Ukraine's natural resources and energy assets, aiming for a full economic accord by April 26. Ukrainian officials, led by Economy Minister Yulia Svyrydenko, view this as a constructive step following previous negotiations that faltered after a confrontation between Presidents Zelenskyy and Trump. While the proposal grants the US preferential access to Ukrainian resources, concerns remain about national sovereignty and...
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