Shares of Penguin Solutions Inc (NASDAQ:PENG) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results. The company reported quarterly earnings of 49 cents per share, beating the analyst consensus estimate of 44 cents per share. The…
Mobileye Global Inc. (NASDAQ:MBLY) stock rose Wednesday after the company disclosed a definitive agreement to acquire Mentee Robotics, an AI-first humanoid robotics company, for $900 million, subject to adjustments. The total consideration comprises approximately $612 million in cash and up…
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) has emerged as the essential backbone of the global artificial intelligence economy, fueling a record-breaking rally that has pushed its market valuation beyond the $1.6 trillion mark, toppling the likes of Meta Platforms, Inc. (NASDAQ:META)…
U.S. stock futures were mixed on Wednesday after a higher close on Tuesday. Futures of major benchmark indices were mixed. Investors are bracing for a heavy slate of economic releases, including the ADP employment report and ISM services index, on…
The White House has confirmed that President Donald Trump may consider employing the U.S. military to acquire Greenland, a Danish territory, but Secretary of State Marco Rubio has reportedly downplayed it. National Security Concerns Spur Control Talks White House Press Secretary Karoline Leavitt stated on Tuesday…
Chevron Corporation (NYSE:CVX) and Quantum Energy Partners are reportedly preparing a joint bid for $22 billion of Russian oil giant Lukoil‘s international assets. Bidders Eye Long-Term Control If completed, the deal would see Chevron and Quantum split a portfolio of assets spanning oil and gas…
Prediction platform Polymarket is facing backlash after refusing to settle contracts betting on whether the U.S. would “invade” Venezuela, following a special forces operation that led to the capture of Venezuelan leader Nicolás Maduro on Saturday. Bets worth around $10.7…
Former Transportation Secretary Pete Buttigieg criticized White House Deputy Chief of Staff and Homeland Security Advisor Stephen Miller's belief that global affairs are governed solely by power and force, warning that such thinking could make Americans less safe. Buttigieg Condemns…
Economist Peter Schiff slammed President Donald Trump’s increasingly incendiary foreign policy rhetoric, warning that it is now more than a mere distraction and was, in fact, hastening the nation’s sovereign debt and currency crisis. Sovereign Debt And Currency Crisis On…
Sen. Cynthia Lummis (R-Wyo.) expressed deep concern Monday over reports that the U.S. government is selling Bitcoin (CRYPTO: BTC), despite a directive to preserve such assets for the Strategic Bitcoin Reserve. Lummis Reacts To Bitcoin Sale Report Lummis voiced her concerns in…