NVIDIA Corp (NASDAQ:NVDA) shares are trading higher. The company on Tuesday announced new AI services to supercharge AI for enterprises in connection with Meta Platforms Inc's (NASDAQ:META) release of open source large language model Llama 3.1.
Walt Disney Co (NYSE:DIS) shares are moving lower, in possible sympathy with shares of Comcast Corp (NASDAQ:CMCSA), which fell after the company reported declines in Studio and Theme Parks revenue.
Owens & Minor is set to acquire Rotech Healthcare for $1.36 billion, enhancing its Patient Direct segment and aiming for $5 billion in revenue by 2028. The deal includes anticipated tax benefits and significant synergy opportunities.