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Cruise lines give free cruises to gamblers. To be fair, it's more that cruisers earn free cruises, bonus "free play," free drinks while they're playing, meals, and other perks based on their gambling. Many people joke that you actually pay for those cruises by losing money in the casino, but the ...
Palantir Technologies (PLTR) just delivered one of the strongest quarters in software, and its stock is sliding anyway. Shares of the artificial intelligence company fell about 13% in five trading days, closing near $136 on June 8 after trading above $158 a week earlier. That kind of drop usually ...
Uranium Energy (NYSEAMERICAN:UEC) said on its latest earnings call that it advanced several parts of its U.S. uranium production platform during the quarter, including the start of production at Burke Hollow in South Texas and continued development at Christensen Ranch in Wyoming. Founder and Chief
Elon Musk’s SpaceX is seeing a massive wave of investor demand ahead of its public debut, with institutional buy orders heavily outstripping the $75 billion supply of shares.
FedEx pilots have finally approved a collective bargaining agreement after years of labor unrest. The post FedEx pilots approve new contract, ending protracted bargaining appeared first on FreightWaves.
OpenAI just took its most concrete step yet toward Wall Street, while going out of its way to say it has not actually decided to go public. The company confidentially filed S-1 IPO paperwork with the SEC and disclosed the move in a blog post. OpenAI was valued at roughly $850 billion after its $122 billion financing round ... Sam Altman’s OpenAI Confidentially Files for IPO, Eyes $850+ Billion Valuation
Needham sees more room for Cerebras to climb as its AI chip edge, and high-profile partnerships strengthen the growth story.
Life insurance companies accelerated purchases of private credit in 2025 with insurers owned by private fund managers leading the charge, according to analysis by Moody’s Ratings. Almost 10% of the private investments have below investment-grade credit ratings. About 38% of the private investments are in complex asset-backed debt rather than corporate and government bonds and loans.
Here are some of the biggest decliners in the S&P 500's tech sector as the market rout deepened this afternoon: Coherent, down 15%. Super Micro Computer, down 12%. Lumentum, down 12%. AppLovin, down 10%.
A rush of mega-IPOs from OpenAI, Anthropic, and SpaceX could mint fortunes—and test whether the AI boom has gotten ahead of itself.
June 9 (Reuters) - Privately held Element Biosciences said on Tuesday it had raised funds in an upsized Series E round, including $175 million from longtime investor Samsung Electronics, to expand
Privately held Element Biosciences said on Tuesday it had raised funds, including $175 million from longtime investor Samsung Electronics, to expand commercialisation of its genetic testing and research products. The San Diego-based company did not disclose the total size of the upsized Series E funding round, or its valuation. Samsung said in a statement that the investment would make it the largest shareholder in Element and deepen strategic cooperation between the two firms.
A federal judge ruled Tuesday that a settlement between the card networks and 12 million merchants over card-swipe fees is fair and reasonable.
Investing.com -- SpaceX’s initial public offering has attracted orders from institutional investors that are several times larger than the number of shares available, according to a report from Bloomberg News, citing people familiar with the matter.
Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom's custom chips and networking solutions as part of a tie-up between the asset managers and the chipmaker. The initial commitment will expand the Claude Code creator's AI computing capacity by one gigawatt, the companies said on Tuesday. The capacity is expected to be deployed at Fluidstack-operated sites beginning mid-2026, with the cloud computing company providing the physical data-center infrastructure that will run Anthropic's AI systems.
The European Union told Meta Platforms to reverse a policy that effectively bans rival artificial intelligence chatbots from using a tool to communicate with users on WhatsApp as officials continue to probe the company’s messaging service.
RH's Q1 results are likely to reflect housing weakness, tariffs and expansion costs amid gallery momentum and Milan/London buildout.
SpaceX is days away from one of the most anticipated initial public offerings in stock market history. The company is expected to price on June 11 and begin trading on June 12 at a valuation of approximately $1.75 trillion, which would make it the most valuable IPO ever completed. Before the ...
Meta Platforms has been ordered by EU antitrust regulators to give rival AI chatbots such as OpenAI free access to WhatsApp while they continue to investigate whether the company abused its market power by blocking competitors from the messaging app. The European Commission's decision to issue an interim measure against Meta followed complaints from The Interaction Company of California, developer of the Poke.com AI assistant, French AI startup Agentik and a Spanish rival. Those complaints prompted the Commission, the EU's competition enforcer, to open an investigation in December.
(Bloomberg) -- SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm's debut gets closer.Most Read from BloombergHouse Republican Says Hegseth's D-Day Remarks 'Inappropriate'Stocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race
(Bloomberg) -- SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000
By Arasu Kannagi Basil and Nupur Anand June 9 (Reuters) - JPMorgan Chase is keeping a close watch on consumer health as worries about inflation persist, Marianne Lake, CEO of the bank's consumer and
Case in point: AST SpaceMobile Shares were up 1.4% in early trading Tuesday, while the was down 0.3%. An announcement by the company that three of its communications satellites were slated to head to the stars on June 17, aboard a SpaceX rocket, seems to have catalyzed the gains. AST is building a communications satellite constellation that will be used by Verizon Communications AT&T and others to improve wireless service on Earth.
OpenAI has confidentially submitted paperwork for an initial public offering, paving the way for what could become one of the most closely watched stock market debuts in years and a potentially significant liquidity event for its early backers. The filing follows Anthropic’s recent announcement that it intends to pursue its own public listing and comes just ahead of SpaceX’s anticipated market debut later this week.
Steve Eisman, the investor who made his name betting against subprime mortgages before the 2008 crash, wants no part of the SpaceX IPO. However, crypto traders feel the opposite, and they have the price tags to prove it. Eisman, now host of "The Real Eisman Playbook" podcast and a former ...
Yahoo Finance Breaking News Reporter Jake Conley and Opening Media CEO Phil Rosen join Julie Hyman on Morning Brief to discuss the latest developments surrounding OpenAI's (OPAI.PVT) IPO plans and SpaceX's (SPCX) upcoming public debut on June 12. They break down the growing retail investor interest in both offerings and examine whether either stock is worth buying at its IPO price.
This could be the third trillion-dollar IPO of the year.
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