(Reuters) - Mattel ( MAT ) shares surged 14% in premarket trading on Wednesday after the Hot Wheels maker provided an upbeat annual profit forecast and hinted at stabilizing toy demand, despite tariff-related uncertainty. The company also said it planned to increase product prices to soften the blow from the potential impact of recent tariffs imposed by U.S. President Donald...

(Reuters) - Contract chipmaker GlobalFoundries ( GFS ) has appointed Tim Breen as its chief executive officer, the company said on Wednesday. Breen will succeed Thomas Caulfield who will transition to become the company's executive chairman, while Niels Anderskouv will be appointed President and Chief Operating Officer. The changes will go into effect in April this year. (Reporting by Zaheer...

BRUSSELS (Reuters) - European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD's $4.9 billion bid for server maker ZT Systems, a European Commission filing showed on Wednesday. AMD announced the proposed acquisition in August last year which will strengthen its portfolio of artificial intelligence chips and hardware to better compete with Nvidia ( NVDA...

08:50 AM EST, 02/05/2025 (MT Newswires) -- Stallion Uranium ( STLNF ) on Wednesday said it has begun a high-resolution, ground based electromagnetic survey on high priority drill targets at its Western Athabasca Basin JV Uranium, in Saskatchewan. The survey will focus on the Coyote and Lynx targets, two top-tier prospects identified through the analysis of previous geophysical surveys. Stallion...