Character.ai has filed for Chapter 11 bankruptcy, citing high model-usage costs and chatbot-related litigation. Disney will act as stalking-horse bidder with a $20 million IP licensing offer. The filing marks...
Retail investors net bought $9.1 billion in US stocks last week, the largest weekly inflow in nearly 15 years, with heavy concentration in AI and semiconductor shares. The surge pushed...
Microsoft has committed over $130 billion in new data center leases in a single quarter and plans to more than triple its global capacity to 38 GW by 2032. The...
US stocks closed mixed as bank earnings diverged, AI credit stress spread from bond spreads into equities, and Apple briefly topped $5 trillion. Rising oil prices and conflicting Fed signals...
Tesla is set to demonstrate a SpaceX-thruster-equipped Roadster capable of hovering around October 15, an event that could move TSLA stock. History shows Tesla's flashy reveals often trigger short-term volatility,...
JPMorgan, Citigroup and Wells Fargo reported a combined $56.5 billion in third-quarter net interest income, a fifth straight record, but deposit repricing is compressing margins and trading and underwriting revenue...
Getty Images is heading for bankruptcy and privatization, with shareholders wiped out by $2.1 billion in debt and an AI-driven collapse in demand for licensed stock imagery. The fall highlights...
Wells Fargo has guided to roughly $50 billion in 2026 net interest income and about $13 billion for the fourth quarter, while confirming plans to launch a stablecoin in the...
Enovix has secured a 100,000-unit battery order for drone applications, a major commercial validation for its silicon-anode technology. The deal reduces execution risk and highlights resilient demand from defense and...
PG&E has warned that high winds and dry conditions could trigger public safety power shutoffs across northern California this week. The advisory puts wildfire liability risk back in focus for...
Generate Biomedicines and Zealand Pharma have announced a collaboration to develop new obesity and metabolic disease therapies, combining AI-driven drug discovery with peptide expertise. The deal reinforces the red-hot metabolic...
Semiconductor stocks have suffered their worst losing streak in 16 months as investors lose patience with heavy AI spending. The selloff pressures the Nasdaq, raises questions about AI capex returns,...
An analyst warning that AST SpaceMobile's commercial rollout could be delayed by launch constraints and SpaceX's growing direct-to-cell push has pressured the stock. The story highlights a structural disadvantage: rivals...
UnitedHealth reported an 88.4% medical-cost ratio for the third quarter and raised its full-year outlook for the second time this year, signaling that its cost-control efforts are working. The result...
Broadcom CEO Hock Tan's 'gamblers' remark at a Singapore conference was cited as a driver of two straight days of microchip stock declines. The episode exposes how fragile and concentrated...
The Nasdaq 100 showed stark divergence as Meta, PDD, and Apple gained while semiconductor equipment giants like Applied Materials, Lam Research, and ASML sold off sharply. The split reflects shifting...
BioNTech shares fell after its mRNA-based head and neck cancer therapy missed its primary endpoint in a Phase 2 trial. The setback challenges the company's post-COVID pivot into oncology, though...
BNP Paribas raised its Alphabet price target to $450, citing the company's Tensor Processing Unit outlook. The call frames Alphabet as a vertically integrated AI infrastructure play, with implications for...
Equinox Gold reported Q3 production results that include the first full quarter from its Orla complex and reaffirmed its full-year guidance. The update signals smooth integration and supports the bull...
Procter & Gamble has declared a quarterly dividend of $1.0885 per share, payable on November 15, 2024. The announcement underscores the company's commitment to shareholder returns and highlights the defensive...
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