Rivian Automotive Inc. (NASDAQ:RIVN) announced Thursday that it acquired Third Dimension AI Inc. to strengthen its autonomous driving technology and accelerate the development of advanced driver-assistance systems. The company did not disclose the financial terms of the Oct. 22 acquisition.…
The same technology stocks that investors fear could be fueling a market bubble may also help them weather a correction. Nancy Tengler, CEO and chief investment officer of Laffer Tengler Investments, argues that today’s AI boom differs from the dot-com…
Micron Technology, Inc‘s (NASDAQ:MU) next memory architecture could help AI processors move data faster, but getting more memory closer to compute comes with a physical trade-off: heat. The company’s vertical high-bandwidth memory (vHBM) design aims to increase bandwidth by stacking…
Procter & Gamble Co. (NYSE:PG) is showing signs of a stronger turnaround after delivering better-than-expected fiscal first-quarter results. However, TD Cowen remains cautious as rising commodity costs and limited pricing power threaten earnings growth. On Friday, TD Cowen analyst Robert…
Tema ETFs launched the Tema Commodity Income ETF (TXSE:ICOM) and Tema Commodity Infrastructure ETF (TXSE:THRU), marking the firm’s entry into commodities. ICOM provides indirect commodity exposure through dividend-paying companies operating across energy, precious and base metals, and agriculture. Its returns…
Allegion PLC (NYSE:ALLE) stock rose Friday after the company reported stronger-than-expected third-quarter earnings, raised its full-year outlook and secured an upgrade from Bank of America (BofA), alongside higher price forecasts from other analysts. BofA analyst Rafe Jadrosich upgraded Allegion to…
CoreWeave Inc. (NASDAQ:CRWV) shares are breaking to a new 52-week low Friday, its second fresh low in days, as higher rates keep weighing on the stock. CoreWeave stock is testing key support levels. Why is CRWV stock at lows? At…
United Airlines Holdings Inc. (NASDAQ:UAL) stock fell on Friday as airline stocks traded lower while oil prices rose on expectations that the U.S. could resume strikes on Iran in the coming weeks. Higher oil prices raise fuel costs, which can…
Consumers received some short-lived relief at the gas pumps nationwide in recent weeks, but the trend won’t last, according to fuel expert Patrick De Haan. "It’s STILL not over,” De Haan, known as GasBuddyGuy, said on social media. De Haan,…
Bank of America Securities on Friday upgraded Pharvaris N.V. (NASDAQ:PHVS), citing an attractive entry point with clinical risk largely removed. Read Also: Intellia's One-Time Gene Editing Therapy Gains Ground Against Rivals In Rare Swelling Disorder Upgrades Pharvaris On Reduced Clinical…