Kimberly-Clark Sinks, Nvidia Higher, Microsoft Jumps on IREN Deal

Stock Movers
03/11/2025 3 min
Kimberly-Clark Sinks, Nvidia Higher, Microsoft Jumps on IREN Deal

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Episode Synopsis

On this episode of Stock Movers:- Kimberly-Clark (KMB) shares sink after after the company agreed to buy Kenvue Inc. in a deal worth roughly $40 billion, providing a lifeline to the struggling Tylenol maker.- Nvidia (NVDA) shares higher after Amazon announced their cloud unit signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for Nvidia's computing power. - Microsoft (MSFT) shares rose after the company signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., becoming the Australian company’s largest customer.See omnystudio.com/listener for privacy information.

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