Samuel Butler, a prominent figure in the Wall Street legal world, passed away at 94 in Manhattan. Known for his role in major mergers and acquisitions, including advising on deals like Squibb’s sale to Bristol-Myers and Disney’s takeover of Capital Cities, Butler was a respected lawyer at Cravath for 47 years. He also had a lasting friendship with Warren Buffett and was deeply involved in nonprofit work, notably serving on the New York Public Library board for 45 years.
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Why AI Stock Jabil Crushed the Market on Tuesday
The rapid adoption of artificial intelligence has significantly benefited Jabil (NYSE: JBL), driving a nearly 9% increase in its stock price following the release of its fiscal Q3 2025 results. The company reported a 16% year-over-year revenue growth to over $7.8 billion, surpassing analyst expectations of $7 billion. Need More Context? 🔎
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