Royal Philips (NYSE:PHG) announced Monday that it will acquire SpectraWAVE, Inc., a Massachusetts-based medical imaging company, to broaden its footprint in coronary intervention technologies. Financial terms were not disclosed. Philips’ shares were down in premarket trading following the announcement. Philips…
Shares of MindWalk Holdings Corp. (NASDAQ:HYFT) rose sharply in pre-market trading ahead of quarterly earnings. Wall Street expects MindWalk to report a quarterly loss of 1 cent per share on revenue of $4.00 million before the opening bell, according to…
The lithium market is showing signs of a long-awaited recovery, trading around $13,500 per metric ton. It is a rally of nearly 50% from the intra-year lows, and more than 25% year-over-year. Still, the price is far below its $80,000…
Palantir Technologies Inc. (NASDAQ:PLTR) announced on Monday that it has renewed its contract with France’s DGSI for three years, extending a partnership that began nearly a decade ago. The DGSI serves as France’s main domestic intelligence agency, overseeing counterterrorism, counterespionage,…
U.S. stock futures are up early Monday morning, following a mixed week that saw rotation out of expensive tech stocks in favor of value, despite the third consecutive interest rate cut on Wednesday. Investors on Monday will be eagerly awaiting…
In a recent interview, President Donald Trump expressed uncertainty about the Republican Party’s chances in the upcoming midterm elections, citing the unpredictability of the results of his economic policies. Trump Puzzled by Midterm Trends Trump voiced concerns about the potential impact of…
JPMorgan Chase Co. (NYSE:JPM) CEO Jamie Dimon says artificial intelligence (AI) will displace some roles but believes workers who build strong soft skills will continue to find ample job opportunities in the AI-driven economy. AI Will Cut Jobs, But Not…
Investor and former Coinbase Global Inc. (NASDAQ:COIN) CTO, Balaji Srinivasan, is calling attention to China's model of city-level industrial specialization, while hinting at something similar for the United States. China’s Cities That ‘Specialize In Specific Products’ On Sunday, in a…
Legendary Hollywood actor and director Rob Reiner and his wife, Michele Singer Reiner, were found dead at their Brentwood home on Sunday. The Los Angeles police are treating the case as an apparent homicide. Police Probe Underway In Reiner Case The bodies of Rob Reiner,…
Kevin Hassett, the current National Economic Council Director and a potential candidate for the position of Federal Reserve chair, has downplayed the influence of President Donald Trump on interest rate decisions. Only Data-Driven Views Matter, Says Hassett In an interview with CBS’ Face…