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What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock Read More »
Companies going public almost always leave the price for last. They set a range, send executives on a roadshow, take the temperature of the institutions, and let demand decide where the shares land. SpaceX has decided to do it backwards. The company plans to fix its IPO price at $135 a share before the roadshow […]
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SpaceX fixes IPO at $135 a share for a $1.75tn valuation and a record listing Read More »
Palantir Contracts Have Become ‘An Unacceptable Point of Weakness,’ UK Politicians Warn Read More »
OpenAI announced a major expansion of Codex on Tuesday, transforming its AI coding agent into a broader enterprise work platform with three new capabilities: Sites, a feature that lets users create and share hosted interactive web applications; Annotations, an in-place editing tool; and six role-specific plugins that aggregate 62 popular business applications including Snowflake, Figma, […]
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A majority of Palo Alto Networks shareholders have voted against the cybersecurity company’s executive compensation packages seven times since 2015, a record that makes it the most rejected pay programme in the S&P 500 and the third-most in the Russell 3000. The most recent vote came in December, when less than half of shareholders supported a […]
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McLaren CEO Zak Brown Still Gets FOMO About Racing Cars Read More »
The Swiss post-quantum-crypto firm has lifted its WeCan stake from 28% to majority and committed CHF 5M to accelerate AI-compliance tooling for Pictet, Lombard Odier and Barclays. Geneva-based SEALSQ has acquired a majority equity stake in WeCan Group, lifting its position from the 28% taken in October 2025 and committing a further CHF 5m ($6.1m) […]
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STMicroelectronics has roughly doubled what it expects to make from data centres this year. The Franco-Italian chipmaker said on Monday it now anticipates around $1bn in data-centre revenue in 2026, up from the “nicely above $500m” it had guided to before, citing sustained demand for AI infrastructure and faster-than-expected progress ramping up capacity. The revision […]
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STMicroelectronics doubles its data-centre revenue forecast to $1bn Read More »
GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%. The cause is memory. GoPro said its earnings forecast has been “significantly impacted” […]
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IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance in almost 24 years. The stock is now up 10% year […]
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