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MGM Resorts International (MGM) shares soared 16% amid heavy trading after the company confirmed on Monday that it received an offer from People Inc. to acquire all outstanding MGM shares that it does not already own for $48.30 per share in cash.

More than 16.4 million shares of the company traded intraday compared with a daily average of about 4.8 million.

Sphere 3D (ANY) has completed its business combination with Cathedra Bitcoin, forming a scaled digital infrastructure platform with 53 megawatts of operating capacity and an over 100-megawatt potential expansion pipeline, the company said Monday.

Shares more than doubled as intraday trading volume catapulted to over 101.7 million from a daily average of about 590,000.

Salesforce (CRM) said Monday it plans to invest $2 billion in France through 2030 to expand its artificial intelligence and cloud operations.

Shares jumped 10% amid a surge in intraday trading volume to over 17.4 million from a daily average of roughly 13.6 million.

Price: $210.05, Change: $+18.95, Percent Change: +9.92%

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Wire

Nvidia, Fluence, Siemens Develop Vera Rubin AI Data Center Reference Architecture

Siemens, together with Nvidia (NVDA) and Fluence Energy (FLNC), developed a reference architecture for Nvidia's DSX Vera Rubin AI data center platform, designed to translate Nvidia's AI factory vision into a deployable electrical, power and controls system for hyperscalers, colocation providers and cloud infrastructure operators, Siemens said Monday.The solution is built on repeatable, scalable electrical building blocks aligned with Nvidia DSX Vera Rubin deployment units, allowing capacity to be added in phases. It can support initial deployments of tens of megawatts and scale to hundreds of megawatts without requiring a fundamental redesign.Fluence's battery energy storage provides flexibility and resilience for AI factories operating in power-constrained environments, according to the statement.Shares of Nvidia rose 4.9% in Monday trading, while Fluence shares climbed more than 42%.Price: $221.43, Change: $+10.29, Percent Change: +4.87%

$FLNC$NVDA
Wire

Update: Market Chatter: Walmart Limits Staff's Usage of AI Tool After High Demand

(Updates with Walmart's response to a request for comment in the last paragraph.)Walmart (WMT) is capping its staff's usage of an artificial intelligence agent following a period of high demand, Bloomberg reported Monday, citing people familiar with the matter.The retail giant is now offering a limited amount of "tokens" per worker to use the AI agent, called Code Puppy, which helps employees with spreadsheets and presentations, among other tasks, the people reportedly told Bloomberg. Previously, staff had an unlimited amount of tokens, the report said."As AI adoption grows across the company, our approach is to help associates experiment, solve problems and create better experiences for customers and members," a Walmart spokesperson told. "We want associates using AI in ways that create meaningful value, and we are supporting them with the skills and guidance to use the right AI for the right task."(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $113.98, Change: $-1.77, Percent Change: -1.53%

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Wire

Salesforce Agrees to Acquire Contentful

Salesforce (CRM) has agreed to buy Contentful, a composable content platform used by more than 4,800 brands, the company said Monday.The deal terms were not disclosed and is expected to close in the third quarter of Salesforce's fiscal year 2027, according to a statement.Salesforce said the acquisition will enhance its Headless 360 with content layer that connects customer data with engaging content experiences across its applications.Price: $209.88, Change: $+18.78, Percent Change: +9.82%

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