A landmark legal settlement in the biotech sector recently reshaped the financial trajectories of two key mRNA technology players: Arbutus Biopharma Corporation (NASDAQ:ABUS) and Moderna, Inc. (NASDAQ:MRNA). The resolution of their global patent infringement litigation over lipid nanoparticle (LNP) delivery technology provided Arbutus with a massive, non-dilutive liquidity boost while removing a significant overhang for […]
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(Bloomberg) -- Anthropic PBC has struck a $9.1 billion deal with Riot Platforms Inc., a Bitcoin mining company that recently began selling AI data center capacity, people familiar with the matter said, underscoring the Claude maker’s efforts to secure enough computing to meet its customers’ demand.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes Up Security Team After Saying Oman
A number of stocks jumped in the afternoon session after the July jobs report showed an unexpected loss of 23,000 jobs, signaling a cooling labor market.
(Bloomberg) -- Tencent Holdings Ltd.’s early success with WorkBuddy may give the Chinese Internet giant a chance to catch up after lagging peers in the artificial intelligence race for the past few years.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’GameStop’s Ryan Cohen Weighs Pulling $56 Billion EBay OfferA $20 Million Weddi
Securities and Exchange Commission on Monday brought settled charges of fraud against Adit Ventures Management, its founder and three partners in connection with pre-IPO investments in companies including Klarna and SpaceX, the agency said in a release. The SEC alleged that the investment adviser had used "false claims and promises" to solicit investments in Adit-managed funds and used client money for the firm's own benefit, including by taking unsecured loans on favorable terms without dis
Red Violet (RDVT) delivered earnings and revenue surprises of +47.06% and +3.24%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
AST SpaceMobile (ASTS) delivered earnings and revenue surprises of -57.14% and -7.65%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Magnite (NASDAQ:MGNI) is seeing accelerating growth in connected television advertising as demand broadens beyond large brands and agencies, according to Nick Kormeluk, the company’s senior vice president of investor relations, speaking at a KeyBanc event. Kormeluk said the company’s CTV business h
Kopin (NASDAQ:KOPN) reported second-quarter 2026 revenue growth of 51% year over year, driven by government-funded MicroLED development work, its collaboration with Fabric.AI, an augmented-reality thermal clip-on partnership and Army research programs. The company also outlined progress in its Color
The president's media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked. In a conference call with investors Monday, the company behind Truth Social said it will be unwinding much of its expansion and doubling down on its original media business by selling a form of White House access, a move that has raised big ethical questions among Democrats and government watchdogs. Trump started Truth Social after he was kicked off Twitter and Facebook, but the two reinstated him more than three years ago, so the company has had to transform itself.
Intel’s move to sell $15 billion in common stock adds to a deluge of stock-and-bond issuance that is testing investors’ appetite for artificial-intelligence risk. Here’s some prior coverage of the issue ...
REVIEW PREVIEW NEWSLETTER Losing Momentum. With the S&P 500 hovering near record levels, the stock markets rally hit a wall on Monday. The Dow Jones Industrial Average fell 61 points, or 0.2%. The S&P 500 dipped 0.
The Securities and Exchange Commission accused investment adviser Adit Ventures and co-founder Eric
The market has punished this consulting giant as if its business model is failing, yet the company's cash machine continues to run smoothly.
Shares of the tech behemoth are up 17% this year as it's reached a new record high.
Shares of online accommodations platform Airbnb (NASDAQ:ABNB) jumped 15.1% in the afternoon session after the company delivered a strong second-quarter that beat all estimates across the board and raised its full-year guidance. The company reported second-quarter 2026 revenue of $3.61 billion, a 16.5% year-over-year increase that beat analyst estimates of $3.58 billion. Adjusted EPS came in above analyst estimates, and Adjusted EBITDA also beat expectations. The company expanded its operating ma
The rocket launch and satellite specialist is growing at an impressive pace.
The telehealth company reported a second-quarter net loss of $86.3 million versus prior-year net income of $42.5 million.
Treasury Secretary Scott Bessent says the U.S. economy is moving beyond the K-shaped divide, but economists and corporate leaders continue to offer mixed views on the health of American consumers. Bessent said in a CNBC "Squawk Box" interview last week...
Costco reported July net sales of $23.12 billion, up 10.7% year-over-year, with comparable sales rising 8.9% overall and 10.3% in the U.S., showing continued strength in its membership-driven model.
This nuclear energy stock has plenty of upside potential.
QUALCOMM (QCOM) shares are back in focus after the company issued fourth quarter 2026 revenue guidance of US$9.7b to US$10.5b, alongside third quarter results showing lower revenue and earnings per share than a year earlier. See our latest analysis for QUALCOMM. QUALCOMM's share price has been volatile around the latest earnings update and guidance, with a 7 day share price return of 6.99% but a 90 day share price return down 22.89%, while the 3 year total shareholder return of 51.80% points...
In August 2026, Studio Mayflower Co., Ltd. launched Monster Battles, a turn-based monster PvP game on Roblox featuring character designs developed with input from Pokémon film director Tetsuo Yajima and ambitions to expand into animation, merchandise, and broader transmedia projects. At the same time, Roblox reported higher Q2 2026 sales of US$1.47 billion with a reduced net loss of US$183 million, while a major institutional investor exited its position citing user engagement challenges and...
Eli Lilly’s updated fair value price target has shifted from US$1,270.37 to US$1,297.31, giving investors a fresh reference point for how analysts are framing the stock today. Much of this reset is tied to recent Street commentary that focuses on incretin and GLP-1 therapies, Q2 results, and the potential of assets like Mounjaro, Zepbound, retatrutide and Foundayo. As you read on, you will see how to track these moving parts and keep up with the evolving Eli Lilly narrative. Stay updated as...
Amid growing doubts about whether the AI infrastructure market is experiencing overbuilding, Wall Street’s largest money managers appear to believe the answer is no. A consortium led by private equity heavyweights, including Apollo Global Management, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs and KKR, is working with Nvidia to assemble a $500 billion funding package for AI infrastructure development, the Financial Times reported. The negotiations are the latest signal of t
It was swept up in a broad cybersecurity stock rally.
The air taxi pioneer is making a game-changing acquisition.
(Bloomberg) -- Intel Corp. is seeking to increase the amount it’s raising in a share sale to about $20 billion, according to people familiar with the matter, a third more than it was targeting when it announced the deal Monday morning.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’GameStop’s Ryan Cohen Weighs Pulling $56 Billio
American Public Education (NASDAQ:APEI) raised its full-year 2026 outlook after reporting second-quarter revenue and adjusted EBITDA that exceeded the high end of its guidance ranges. The company also completed the institutional combination of its education units and announced plans to implement an
AST SpaceMobile (NASDAQ:ASTS) reported second-quarter 2026 revenue of $31.5 million and reiterated its full-year revenue guidance of $150 million to $200 million, as the company continued to build satellites, deploy mobile-network infrastructure and pursue government applications for its space-based