CEO Ted Pick signals readiness for acquisitions in wealth and asset management amid easing US regulatory scrutiny on bank transactions. Morgan Stanley is actively monitoring merger and acquisition opportunities as US regulators adopt a more favorable stance toward bank dea
UPS met its obligation to retrofit 2,000 parcel delivery vans with air conditioning in the hottest parts of the country by June 1 and recently started a pilot program for piping cooled air into the rear cargo area behind the bulkhead door, where drivers can be exposed to... <
Quick Read - Cramer tags BLZE as a legitimate Amazon S3 rival growing AI customers 76% year over year but says timing is wrong to step in. - Equipment costs rising 30% yearly and a shrinking legacy backup unit threaten margins even as Backblaze raised full-year revenue guidance...</strong
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Hedge fund Citadel highlights cost concerns as enterprises cut AI token budgets before a wave of mega-IPOs. Citadel Securities issued a macro note warning that AI adoption is decelerating due to rising costs, with enterprises scaling back token spending. Recent examples in
Last week, SpaceX (NASDAQ: SPCX) disclosed a new cloud service agreement with Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google through an amendment to its Form S-1. Demonstrating an ability to monetize artificial intelligence (AI) infrastructure by supplying a hyperscaler
U.S. equity futures rose following de-escalation in Middle East tensions, while Oracle shares fell despite beating earnings estimates. Dow Jones, S&P 500, and Nasdaq futures climbed early Thursday after U.S. military actions in Iran concluded without further immediate esca
The joint venture targets hyperscalers with integrated infrastructure, lifting shares of KKR, NVDA, and VST in pre-market trading. KKR, Nvidia, Vistra, and the Kuwait Investment Authority have formed a new company to provide integrated infrastructure solutions for hypersca
Blockchain-based derivatives and prediction markets price SpaceX at $1.8 trillion-$2.1 trillion, exceeding its current $1.77 trillion valuation. SpaceX’s upcoming Nasdaq IPO is drawing a $2 trillion valuation from onchain derivatives and prediction markets, surpassing its
The retailer increases its payout by 1.8% to $1.16, marking a modest rise from the prior $1.14 dividend. Target announced a 1.8% increase in its quarterly dividend to $1.16 per share, up from $1.14 previously. The move reflects a continued commitment to returning value to
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