IBM (IBM) and shares of several quantum computing firms jumped Thursday after the U.S. Commerce Department announced $2 billion in grants to advance the technology The deals reportedly include equity stakes. IBM will receive $1 billion as part of the funding, which
Second-quarter revenue at Anthropic could hit $10.9 billion — a figure that would more than double the $4.8 billion the company brought in during the first quarter and surpass everything it earned across all of last year — putting it on course for its first quarterly operating...
Ralph Lauren press release (RL): Q4 Non-GAAP EPS of $2.80 beats by $0.26. - Revenue of $1.98B (+16.5% Y/Y) beats by $130M. - Global Direct-to-Consumer Comparable Store Sales Increased 17% in the Fourth Quarter and 13% for the Full Year, Including Positive Retail Comps Across
Headlines: Iran supreme leader reportedly says near-weapons-grade uranium stockpile must stay in Iran Euro area economic activity falls at quickest pace in over two years in May German business activity falls for a second consecutive month amid rising cost pressures French...
Futures for the Dow Jones Industrial Average and other major stock indexes dropped Thursday, as Wall Street awaited the Labor Department's weekly jobless claims. Meanwhile, Nvidia (NVDA) was an early mover on the stock market today after the artificial intelligence giant's
By Manya Saini and Lucy Raitano May 21 SpaceX's record-shattering IPO has given Wall Street the kind of spectacle it has craved since the pandemic-era listings boom, but the once-in-a-generation market event may offer little insight into whether the broader IPO market is truly...
Hamilton Lane sets a $0.60 quarterly payout, marking an 11.1% increase from the previous $0.54 dividend. Hamilton Lane declared a $0.60 per share quarterly dividend, up 11.1% from the prior $0.54 payout. The move reflects the firm’s ongoing dividend growth strategy and cur
Dubai-based Select Group acquires three Delta Hotels by Marriott properties, adding 380 rooms and 900 acres to its UK portfolio. Dubai-based Select Group has acquired three Delta Hotels by Marriott golf and country club resorts in the UK, expanding its hospitality platform
Elon Musk’s aerospace firm discloses 18,712 BTC in its SEC filing, purchased for $661M, as it targets a $1.75 trillion valuation. SpaceX filed its S-1 with the SEC, outlining plans for a $1.75 trillion valuation and an $80 billion capital raise. The IPO would surpass Saudi
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