Reddit shares surged Friday after its S&P 500 addition was confirmed, with JPMorgan estimating index funds may need to buy about 16.7 million shares before the change takes…
The China-specific LLM would add an Apple-trained model to a rollout that already relies on Alibaba’s Qwen and Baidu technology, though its exact role remains unclear.
Goldman is discussing potential participation with U.S. insurers, asset managers and banks as Nvidia's proposed compute-financing platforms take shape.
The University of Michigan’s preliminary August index fell to 51.0 from 55.2, with expectations weakening more than current conditions as one-year inflation expectations rose to 4.3%.
The August 14 closing converts Anysphere shares into 389.3 million SpaceX Class A shares, bringing Cursor fully inside SpaceX after months of AI model-training collaboration.
Falling energy and food prices offset higher service costs in July, giving the Federal Reserve another softer inflation reading ahead of its September policy meeting.
The HSR waiting period has expired, Rocket Lab filed its S-4 and FCC transfer applications are on file as the company works to finance the roughly $8 billion…
Richmond Fed President Tom Barkin said it remains an open question whether the Federal Reserve will need to raise interest rates again to return inflation to its 2%…
Birkenstock now expects fiscal 2026 revenue to grow 15% in constant currency and adjusted EBITDA to reach at least €710 million after another quarter of strong full-price demand.
Ascendis Pharma’s second-quarter product revenue rose 105% to €315 million as YORVIPATH expanded and newly launched YUVIWEL began contributing U.S. sales.