Wall Street Breakfast Qualcomm to acquire Alphawave for $2.4B
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Jun 9, 2025 Qualcomm's massive $2.4 billion acquisition of Alphawave signals a commitment to AI innovation. L'Oréal bolsters its portfolio by acquiring a majority stake in Medik8, a British skincare brand. Meanwhile, Metaplanet aims to collect 210,000 Bitcoin by 2027, riding a wave of cryptocurrency enthusiasm. The financial landscape also sees China’s trade surplus expanding, IonQ’s planned acquisition of Oxford Ionics, and an impressive surge in U.S. solar manufacturing, underscoring vibrant market trends.
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Qualcomm Boosts AI Tech Portfolio
- Qualcomm's acquisition of Alphawave aims to enhance its AI tech portfolio significantly.
- Alphawave’s Serializer Deserializer (CERDES) tech is key to efficient multi-chip AI operations.
L'Oréal Expands in Skincare
- L'Oréal's purchase of a majority stake in Medik8 focuses on anti-aging skincare.
- Medik8 leverages vitamin A formulations and an omni-channel sales strategy in the US and Europe.
Metaplanet’s Massive Bitcoin Bet
- Metaplanet plans to raise $5.4 billion to massively expand its Bitcoin holdings by 2027.
- The strategy serves as a hedge against Japan's economic challenges, driving a 340% stock rise this year.