Meta Platforms NASDAQ:META is developing plans for a cloud infrastructure business that could sell access to AI computing power and hosted AI models, opening a possible new revenue stream as the company pushes deeper into artificial intelligence. The move could place Meta in a more direct competiti…
Penguin Solutions, Inc. PENG is expanding its CXL-powered AI memory portfolio, positioning the technology as a potential long-term revenue driver as enterprise AI shifts from model training to inference workloads. As AI inference becomes increasingly memory-intensive, management believes scalable m…
Starwood Capital Group has raised $10.2 billion for its largest fund, as the firm positions itself around data centers, rental housing and other commercial real estate assets at a time when artificial intelligence is reshaping demand across property markets. Chairman Barry Sternlicht said Starwood…
Guggenheim analysts have upgraded Salesforce NYSE:CRM, ServiceNow NYSE:NOW, and Check Point Software NASDAQ:CHKP, arguing that the market may be overpricing the risk that artificial intelligence could permanently damage the software sector. Analyst John DiFucci said valuations appear to suggest man…
General Mills NYSE:GIS shares rose sharply after the packaged-food company reported quarterly adjusted earnings and revenue that came in above Bloomberg-compiled analyst estimates. The stock jumped as much as 9.9% in New York trading, marking its biggest intraday gain since 2020, while helping redu…
WEST PALM BEACH, FL / ACCESS Newswire / July 2, 2026 / ELEKTROS Inc. (OTC PINK:ELEK), an emerging company focused on energy solutions, announced that, following correspondence regarding U.S. Patent No. 12,522,100 B1, the Company has reviewed Jaguar Land Rover's response and has elected not to pursu…
Eightco treasury composition as of July 1, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $386 millionWorldcoin token (WLD) now listed on Robinhood NASDAQ:HOOD, expanding access to milli…
Eli Lilly and Company’s LLY stock has risen around 6.7% in a week, backed by strong company-specific news and the overall recent rally in the U.S. drug and biotech sector. Eli Lilly stock hit a new 52-week high on June 26. Last week, the European Medicines Agency's Committee for Medicinal Products…
For Immediate ReleaseChicago, IL – July 2, 2026 – Today, Zacks Equity Research discusses Life Time Group Holdings, Inc. LTH, Atour Lifestyle Holdings Ltd. ATAT, Lindblad Expeditions Holdings, Inc. LIND and The Marcus Corp. MCS.Industry: Leisure & RecreationLink: https://www.zacks.com/commentary/294…
WSW, NY, July 2nd, 2026, FinanceWireThree years of war in Ukraine and the Middle East taught governments exactly what to stockpile. The first lesson was kinetic - and drone, missile, and surveillance stocks ripped. The second lesson may now be landing, and it appears to draw attention to a small bi…
Alight Is Maintained at Buy by DA Davidson
Shares of Palantir (PLTR) drew investor attention premarket on Thursday after DA Davidson called the stock a ‘gift’ for investors ahead of the United States’ 250th independence day.DA Davidson upgraded Palantir’s rating to ‘Buy’ from ‘Neutral’ and hiked the stock’s price target to $175 from $165, a…
Rivian Automotive NASDAQ:RIVN raised its annual delivery forecast on Thursday, betting on strong demand for its electric delivery vans and R1 SUVs and pickup trucks, as well as a boost from its newly launched, more affordable model — the R2.Shares of the Irvine, California-based EV maker rose more…
Ouster's OUST Rev8 digital lidar sensors have achieved Build America, Buy America (“BABA”) Act compliance, making them eligible for deployment in federally funded U.S. infrastructure projects. The milestone opens the door to opportunities across intelligent transportation systems, smart cities, tra…
(12:45 GMT) Pyxis Oncology Price Target Cut to $7.00/Share From $9.00 by Leerink Partners
CID Holdco entered into a $500,000 senior secured convertible note with Phillips Equities & Trust to support working capital and related needs, alongside a registration rights agreement for resale of conversion shares. The 12-month, 6% note converts at 80% of the lowest five-day VWAP and is subject…
Civeo announced a $100.0 million 4.50% convertible senior notes offering and a six-year Western Canada contract renewal through June 30, 2032.Key Highlights:Original SEC Filing: Civeo Corp [ CVEO ] - 8-K - Jul. 02, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying i…
Cingulate extended Matthew N. Brams' Trial Period as Executive Vice President and Chief Medical Officer to September 30, 2026.Original SEC Filing: Cingulate Inc. [ CING ] - 8-K - Jul. 02, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with t…
AlTi Global amended Kevin Moran's employment terms and appointed Nancy Curtin as Interim Chief Executive Officer.Original SEC Filing: AlTi Global, Inc. [ ALTI ] - 8-K - Jul. 02, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source…
(12:43 GMT) Absci Price Target Raised to $17.00/Share From $11.00 by Truist Securities
