Mergers and Acquisitions

Exxon mulls Pioneer deal, shares jump

Pioneer Natural Resources shares spiked on rumors Exxon Mobil is closing in on a deal to purchase the company in what could be a $60 billion deal, The Wall Street Journal reported.

Amazon dials up AI race with $4B investment

Amazon is pushing deeper into artificial intelligence with its $4 billion investment in San Francisco-based AI start-up Anthropic, a company specializing in generative AI safety and research capabilities.