Category: Uncategorized
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Meta Invests In Scale AI At $29 Billion Valuation, Taps CEO Alexandr Wang To Drive Internal AI Push As Part Of Deepening Partnership
Meta Platforms, Inc. (NASDAQ:META) has made a strategic minority investment in Scale AI, valuing the company at over $29 billion, as part of a broader partnership to accelerate AI development. What Happened: On Thursday, Scale AI confirmed the development. The deal includes a major leadership change: Scale’s founder and CEO Alexandr Wang will join Meta…
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Wall Street’s Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through…
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Why Elon Musk Needs To Apologize To Trump
Why Elon Musk Needs to Apologize to President Trump And Why That May Be Only the First Step Elon Musk’s latest salvo—suggesting without evidence that President Trump was somehow complicit in Jeffrey Epstein’s crimes—did more than light up the X‑feed. It wiped nearly 15 % off Tesla, Inc.‘s (NASDAQ:TSLA) market cap in a single week and put billions in federal contracts…
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These Analysts Boost Their Forecasts On Rubrik After Better-Than-Expected Q1 Results
Rubrik, Inc. (NYSE:RBRK) posted better-than-expected first-quarter results after Thursday’s closing bell. Rubrik reported quarterly losses of 15 cents per share, which beat the analyst consensus estimate of losses of 32 cents. Quarterly revenue came in at $278.48 million, which beat the Street estimate of $260.35 million. “Our outstanding first-quarter results not only surpassed all guided…
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Applied Digital Stock Hits New 52-Week High: What’s Going On?
Applied Digital Corp (NASDAQ:APLD) shares are hitting new 52-week highs in early trading Thursday. Here’s a look at what’s driving the action. What To Know: Applied Digital shares have seen increased momentum since the company signed long-term lease agreements with AI hyperscaler CoreWeave Inc (NASDAQ:CRWV) on Monday to deliver 250 megawatts (MW) of critical IT…
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Netflix Options Trading: A Deep Dive into Market Sentiment
Whales with a lot of money to spend have taken a noticeably bearish stance on Netflix. Looking at options history for Netflix (NASDAQ:NFLX) we detected 22 trades. If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 54% with bearish. From…
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Applied Digital Stock Continues To Climb: What’s Going On?
Applied Digital Corp (NASDAQ:APLD) shares are trading higher again on Tuesday on what appears to be continued momentum following the company’s deal with CoreWeave Inc (NASDAQ:CRWV). Multiple analysts lifted price targets on the stock following the announcement. What Happened: Applied Digital signed two approximately 15-year lease agreements with AI hyperscaler CoreWeave on Monday to provide…
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Why Is Lyra Therapeutics Stock Surging Over 400% On Monday?
Lyra Therapeutics, Inc. (NASDAQ:LYRA) released results on Monday from the ENLIGHTEN 2 Phase 3 trial of LYR-210 in adult patients with Chronic Rhinosinusitis (CRS). The ENLIGHTEN 2 trial met its primary endpoint, with LYR-210 demonstrating statistically significant improvement compared to sham control in a composite of the three cardinal symptoms (3CS) of CRS (nasal obstruction, nasal…
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How To Earn $500 A Month From Campbell’s Stock Ahead Of Q3 Earnings
Campbell’s Company (NASDAQ:CPB) will release its third-quarter earnings results before the opening bell on Monday, June 2. Analysts expect the Camden, New Jersey-based company to report quarterly earnings at 66 cents per share, down from 75 cents per share in the year-ago period. Campbell’s projects to report quarterly revenue of $2.43 billion. Compare that to…
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C3 AI Stock Is Soaring Today: Here’s Why
C3.Ai Inc (NYSE:AI) shares are rising Thursday after the company reported better-than-expected results for the fourth quarter. The company also announced that the U.S. Air Force raised its contract ceiling to $450 million. What Happened: C3 AI reported fourth-quarter revenue of $108.7 million, beating estimates of $107.73 million. The company reported an adjusted loss of 18 cents…