SpaceX flirts with a further descent down the market-cap ranks

Fintech firm Kiwi is expanding its credit offerings on India’s real-time payments network with the launch of a credit line on Unified Payments Interface (UPI) in partnership with Yes Bank, after having tied up with four credit card issuers since its launch in 2023.   The fintech expects at least 0.5 million users…

Shares of Salesforce jumped more than 20% Thursday after the company reported a beat on second-quarter earnings and announced an expanded partnership with artificial intelligence startup Anthropic. The stock is on pace for its second-best day ever, trailing only August 2020, when shares jumped roughly 26%. CEO Marc Benioff and Anthropic CEO Dario Amodei joined…

(Bloomberg) — Executives at some of Wall Street’s biggest names have faced a barrage of recent questions about whether artificial intelligence has crippled the value of their software investments. Their answers have a common refrain: There’s nothing to see here.  But public data from mutual funds, which invest in many of these same companies, show…

Key insight: Texas Capital failed once to win shareholder support to redomicile from Delaware to Texas, but its management team plans to try again. What’s at stake: If the regional bank succeeds, it will join a list of public companies that have moved their state of incorporation from Delaware to Texas, where recent changes to…

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