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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Five people killed as gunman opens fire near migrant camp in northern France
Five men, including security guards and migrants, were shot dead near a migrant camp in Northern France by a gunman who turned himself in to police in Dunkirk. The suspect, a 22-year-old previously unknown to authorities, also killed a transport manager and two security guards before being apprehended. The incident sparked a large police response and raised concerns about violence around migrant camps in the region. Full Article
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