Earlier stories, newest first (page 59 of 514).
SpaceX is navigating its $25 billion bond sale with strong investor demand, yet also encountering significant questions from potential buyers. This major financing round highlights the company's…
Anthropic has introduced Claude Tag, a new AI-powered assistant designed to integrate directly into Slack workspaces. The feature aims to enhance productivity by learning company-specific information…
KLA Corp (KLAC) stock experienced a 9.85% drop on June 23, attributed to a broader sell-off in the global semiconductor sector. The decline also reflects concerns over the company's high valuation…
NIKE, Inc. has announced the appointment of David M. Denton as its new Executive Vice President and Chief Financial Officer. The transition marks a significant leadership change within the athletic…
Pfizer's experimental cancer drug, sigvotatug vedotin, acquired through its Seagen deal, did not meet its primary endpoint in a Phase 3 lung cancer study. This clinical setback could impact Pfizer's…
The White House has remained quiet regarding OpenAI's recently released Mythos-like AI model, raising questions about the Trump administration's stance. The lack of official comment suggests…
The CBOE Nasdaq Volatility Index (VXN) is indicating increased caution within the technology sector, contrasting with a calmer broader market fear gauge. This divergence suggests potential turbulence…
Oracle Corp. has reduced its workforce by 21,000 employees, as revealed in a recent regulatory filing. The substantial job cuts are part of a broader strategic pivot for the enterprise software giant.
Bank of America Corporation has disclosed a change in its stake in Baillie Gifford US Growth Trust PLC. The report indicates that Bank of America has crossed a notifiable threshold in its holdings of…
Walmart Inc. has completed its largest acquisition in two years, purchasing an advertising technology firm. The strategic move aims to bolster the retailer's growing advertising business and expand…
Meta Platforms is reportedly developing an internal prediction markets application, with CEO Mark Zuckerberg directing staff on the project. The initiative could signal the company's expansion into…
CACI International has named David Young, a former Lockheed Martin executive, as its inaugural Chief Operating Officer. This strategic appointment aims to bolster the company's operational leadership.
China's LineShine supercomputer has claimed the top spot on the TOP500 List, outperforming all U.S. machines in speed for the first time since 2020. This development signals an intensifying…
JPMorgan Chase & Co. (JPM) has launched an offering of $3.0 million in callable fixed-rate notes. These notes carry a 5.35% coupon and are set to mature on June 23, 2036.
Google DeepMind is experiencing a departure of top talent, prompting concerns about its ability to maintain a leading position in AI development. The lab's AI models are reportedly losing their top…
US Treasuries gained ground ahead of upcoming auctions, reflecting a broader market sentiment. Traders scaled back expectations for Federal Reserve interest rate hikes amid a selloff in US stocks and…
Micron Technology's burgeoning AI memory business is confronting a critical test as investors keenly await fresh indicators on chip demand. The market is seeking clarity on whether the current boom…
Tesla is refuting allegations that its Full Self-Driving technology was responsible for a fatal crash in Texas involving a 76-year-old. The company claims the driver manually overrode the autonomous…
Cursor CEO Michael Truell built a talent pipeline from a Discord server to staff his AI company. This unconventional hiring strategy contributed to the company's rapid growth and $60 billion…
SpaceX successfully raised $25 billion in a recent debt sale, attracting nearly $90 billion worth of orders from investors. The substantial oversubscription highlights robust market confidence in the…
Blackstone (BX) is reportedly planning a $30 billion investment in AI data centers across Japan over the next three to five years. This significant capital allocation underscores the firm's…
Alphabet's stock extended losses as the broader tech selloff intensified, prompting Wall Street to question its continued leadership in artificial intelligence. Concerns are rising that a 'brain…
A federal appeals court has affirmed a lower court's ruling in favor of Pfizer (PFE) in a patent dispute with Enanta Pharmaceuticals. This decision secures Pfizer's intellectual property rights,…
Mark Zuckerberg is reportedly pursuing the development of a standalone prediction market application under Meta. The new app would operate independently from Meta's existing social media platforms,…
Texas Instruments (TXN) stock is highlighted as potentially 24% undervalued, driven by optimism surrounding its performance in AI and data center markets. The company's capacity expansion initiatives…
Investors are divesting from AI-related stocks as skepticism grows regarding the sustainability of massive spending in the sector. Doubts are emerging over whether the current valuations reflect…
Quantum computing stocks posted mixed results after President Trump signed two executive orders aimed at strengthening U.S. leadership in the sector. The executive actions set a 2028 target for…
Shares of SpaceX experienced a sell-off, falling below their initial market offering price before staging a rebound. The volatility reflects ongoing investor sentiment regarding the private aerospace…
Atkore Inc. (ATKR) is positioned to gain from the growing demand for AI data centers and electrical grid infrastructure. Analysts suggest increased investment in these sectors will provide…
A recent S&P Global report reveals that factory job cuts are nearing levels last seen during the 2008 financial crisis and the early stages of the COVID-19 pandemic. The data suggests a significant…