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Devon Energy Shareholders Clear Key Votes for Coterra Merger, Closing Nears
MarketBeat98d agoneutral
Devon Energy Shareholders Clear Key Votes for Coterra Merger, Closing Nears

Devon Energy (NYSE:DVN) stockholders approved two proposals tied to the company’s planned merger with Coterra Energy Inc. during a virtual-only special stockholders meeting, according to preliminary voting results announced at the meeting. John Bethancourt, chair of Devon Energy’s board of director

Cathie Wood predicts 'voracious' appetite for 'volatile' SpaceX IPO
TheStreet100d agoneutral
Cathie Wood predicts 'voracious' appetite for 'volatile' SpaceX IPO

Veteran investor Cathie Wood is enthusiastic about tech tycoon Elon Musk's SpaceX making Wall Street debut, and is extremely bullish about its demand. In a Bloomberg podcast published on May 6, she said seeds planted two decades ago are now flourishing. A lot of technologies at Musk's companies are ...

How Microsoft Pulled off ‘One of the Best Tech Acquisitions of the Last Decade’
24/7 Wall St.100d agoneutral
How Microsoft Pulled off ‘One of the Best Tech Acquisitions of the Last Decade’

On a recent episode of We Study Billionaires (TIP813), host Trey Lockerbie laid out a bull case for Microsoft (NASDAQ:MSFT)‘s GitHub acquisition. “$7.5 billion for the world’s most dominant coding platform, and which is also now the world’s most adopted AI coding tool, and then also the primary channel through which Microsoft acquires developers who ... How Microsoft Pulled off ‘One of the Best Tech Acquisitions of the Last Decade’

Bloomberg102d agoneutral
Surveillance Firm Hawkeye 360 Up 31% After $416 Million IPO

(Bloomberg) -- Hawkeye 360 Inc. soared 31% after the provider of satellite-based signals intelligence for US government agencies raised $416 million in a US initial public offering priced at the top of a marketed range.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned Refiner

Elon Musk ’Dissolved’ xAI. What It Means for the SpaceX IPO.
Barrons.com102d agoneutral
Elon Musk ’Dissolved’ xAI. What It Means for the SpaceX IPO.

Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and valuing the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”