Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.
Mining giant BHP offers to buy rival Anglo American in potential megadeal
Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that...
Zuckerberg burns some goodwill on Wall Street as he plows forward with the metaverse
Investors clearly also concerned that Meta’s spending will include a lot more on virtual and augmented reality.
Don’t bet against Zuckerberg: Meta’s earnings-driven stock slide is an opportunity
Shares of the Facebook and Instagram company were dropping due to short-term thinkers who can't see the forest for the trees.
Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present clinical trial data in connection with a biomarker test...
Cidara Therapeutics shares surge 30% after reacquiring flu treatment
Shares of Cidara Therapeutics rose sharply after the company announced a reshuffling of its portfolio of drug candidates.
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.
Ford’s earnings beat, rosy 2024 outlook, and cost discipline show the automaker is getting its house in order
Ford’s results show it is off to a solid start to the year.