Reddit Inc. shares surged on Friday after the company posted its most profitable quarter to date and offered a third-quarter revenue forecast that significantly beat Wall Street expectations.…
OpenAI has secured $8.3 billion in new capital as part of its ongoing $40 billion fundraising effort, CNBC reported, citing a person familiar with the deal. The fresh…
Novo Nordisk stock sharply tanked this week, marking the pharmaceutical company’s worst-ever weekly loss with a decline of more than 30% by Friday.This plunge extended the stock to…
Private equity-backed insurers are intensifying their presence in the UK’s booming pension risk-transfer market, securing deals worth $10.7 billion in just the past month. As British corporations continue…
A federal jury in Miami has ruled that Tesla must pay $329 million in damages in connection with a fatal 2019 crash involving its Autopilot system. The case,…
US stocks kicked off August with a sharp retreat as the Trump administration announced reciprocal tariffs on several countries – with levies ranging from 10% to 41%.A disappointing…
Amazon is scheduled to release its second-quarter earnings after the market close on Thursday, with analysts expressing optimism despite earlier concerns about tariffs and recession risks. Wall Street…
The so-called renewed meme stock phenomenon this year is nothing like the one the world witnessed in 2021, says Vlad Tenev, the chief executive of Robinhood Markets Inc…
Tether’s latest quarterly attestation shows the stablecoin giant is continuing to scale its dominance, with $4.9 billion in Q2 net profit and a $13.4 billion increase in USDT…