Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and …
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Software stocks are back from the dead as AI fuels growth: can the rally continue?
by adminby adminEarlier this year, a fear psychosis had gripped investors that advances in AI would replace software firms, and the sector was all but written off. Anthropic’s launch of new plugins …
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AMD stock has pulled back over the past few months, falling from a high of $584.90 in June to around $456 currently. During this correction, the stock has gradually formed …
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SpaceX (SPCX) stock rebounded sharply on Thursday, rising more than 5% to around $148 after ending the previous two sessions lower, as bullish analyst forecasts for its artificial intelligence business …
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GitLab shares (GTLB) gained 13% in trading on Wednesday after the DevSecOps platform reported better-than-expected second-quarter results and raised its full-year revenue and profit forecasts. The results offered investors evidence …
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Apple stock outlook under Ternus: AI is key, foldable iPhone a potential catalyst
by adminby adminApple stock AAPL rose about 3% on Tuesday as John Ternus formally took over as chief executive, marking the company’s first CEO transition since 2011 and opening a new chapter …
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SpaceX stock SPCX gained on Monday after Bernstein SocGen Group reiterated its Outperform rating and $248 price target, while highlighting uncertainty around the company’s direct-to-device mobile business. Bernstein remains positive …
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The Kospi Index has come under intense pressure in the past few months as top constituents like Samsung Electronics and SK Hynix lost momentum and as wary South Koreans pare …
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How Meta’s $18B teen safety settlement could reshape social media regulation
by adminby adminAs governments and regulators around the world intensify scrutiny of social media’s impact on children, Meta’s landmark US settlement marks a major shift in how technology companies may be held …
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Pentagon defeated: Anthropic poised for blockbuster IPO after landmark court win
by adminby adminArtificial intelligence powerhouse Anthropic secured a milestone victory late Thursday when US District Judge Rita Lin declared the Pentagon’s attempts to blacklist the firm illegal. The court ruled that Defense …