How a midterm sweep by Democrats could turn this tech selloff into a tech crash
Popular AI names are under pressure again this week — but the pain could worsen after the Nov. 3 election.
Popular AI names are under pressure again this week — but the pain could worsen after the Nov. 3 election.
Biotechnology stocks are showing signs of a renewed recovery, supported by a pickup in pharmaceutical mergers and acquisitions and investor interest in drug development pipelines. Key Takeaways: Big pharma acquisitions are hitting record highs to combat impending patent cliffs. Institutional capital and leveraged funds are surging while retail investors remain deeply cautious. Performance varies heavily…
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Rendering of Las Vegas Brightline West station.Brightline West Brightline Florida’s expected restructuring may chill investor enthusiasm for its West Coast sister project as Brightline West tries to assemble a $21 billion financing package for what aims to be the country’s first electric high-speed train. Processing Content With the same corporate parent, some cross pollination between…
Procter & Gamble says economic pressures have consumers focused on smaller pack sizes and promotions. The consumer packaged goods company released earnings Wednesday (July 29) showing sales up 3% for its most recent quarter and 1% for the year. Speaking to analysts during an earnings call, Chief Financial Officer Andre Schulten pointed to the price of gas having a “specific…
Connectivity cloud company Cloudflare has launched a setting that enables website owners to remain visible in search results while blocking crawlers from using their content for artificial intelligence training, the company said in a Tuesday (Sept. 15) press release. Cloudflare’s new Disallow AI Training setting is designed to solve a problem presented by today’s mixed-use…
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