Ripple President Monica Long said the company has no plans to pursue an IPO after raising $500 million in November at a $40 billion valuation, choosing private growth over public market scrutiny. Ripple Chooses Private Growth Over Public Markets Long…
The S&P 500 pushed to fresh record highs during midday trading on Wednesday, extending a three-day rally and eyeing a fourth straight gain. • Alphabet stock is moving in positive territory. Why is GOOG stock advancing? By midday in New…
Microsoft Corporation (NASDAQ:MSFT) shares rose on Wednesday after it announced a robotics partnership. According to a release from measurement technologies firm Hexagon, the two companies will collaborate to accelerate the development of humanoid robots utilizing AI and cloud tools. Details…
Morgan Stanley (NYSE:MS) on Tuesday filed for an Ethereum (CRYPTO: ETH) Trust with the SEC, marking the bank’s third crypto ETF filing in 48 hours after registering Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL) trusts earlier this week. Ethereum Trust…
Jazz Pharmaceuticals plc (NASDAQ:JAZZ) on Tuesday shared efficacy and safety results from the Phase 3 HERIZON-GEA-01 trial of Ziihera (zanidatamab-hrii) for HER2-positive (HER2+) locally advanced or metastatic gastroesophageal adenocarcinoma (GEA). GEA includes cancers of the stomach, gastroesophageal junction, and esophagus. In…
Mobileye Global Inc. (NASDAQ:MBLY) used its CES stage to widen its bet beyond driver assistance, unveiling a $900 million deal for Mentee Robotics that pushes the company into "physical AI" for industrial fleets. At the same time, the company framed…
Deep-pocketed investors have adopted a bearish approach towards Exxon Mobil (NYSE:XOM), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such…
In the current session, the stock is trading at $83.00, after a 0.80% spike. Over the past month, Affirm Holdings Inc. (NASDAQ:AFRM) stock increased by 17.14%, and in the past year, by 50.07%. With performance like this, long-term shareholders are…
Marvell Technology, Inc (NASDAQ:MRVL) is well-positioned to ride the next wave of AI-driven growth, said a JPMorgan analyst. • Marvell Tech stock is taking a hit today. Why is MRVL stock falling? AI Demand, Data Center Growth Remain Strong JPMorgan…
Applovin Corporation (NASDAQ:APP) stock climbed Wednesday as new data pointed to accelerating adoption of its Axon advertising platform. Channel checks suggest the company added several hundred e-commerce advertisers in December, reinforcing recent momentum and fueling optimism around fourth-quarter results. Bank…