Netflix (NFLX) surged 4.7% after Bill Ackman’s Pershing Square revealed a 4.9% stake, highlighting the streamer’s valuation and ad revenue potential.
Cisco and Cerebras fell on margin concerns despite revenue growth. S&P 500 hit record highs, oil dropped 2%, and Bill Ackman disclosed a Netflix position.
Databricks secures $5B at a $190B valuation, up 42% from six months ago, with $7B revenue run rate driven by explosive AI agent demand across enterprises.
Advanced Micro Devices (AMD) stock gained Thursday after announcing plans for a $4-5 billion bond offering to fund corporate needs and AI expansion.
SanDisk (SNDK) stock climbed 15% after unveiling mid-to-high-teen revenue growth projections and long-term supply deals covering most shipments through FY2028.
TLDR RL1 launched as a Luxembourg cooperative with 10 founding financial institutions across European markets today. SWIAT will remain RL1’s core technology provider for…
TLDR Ondo Network separates execution, verification, and settlement to improve speed, privacy,…
TLDR AI Financial is negotiating a possible sale of Alt5 Sigma Canada…
TLDR Kiwoom Securities is reportedly discussing a third-party share allocation to buy…
Netflix (NFLX) surged 4.7% after Bill Ackman’s Pershing Square revealed a 4.9% stake, highlighting the streamer’s valuation and ad revenue potential.
TLDR Anthropic agreed to a 20-year computing deal with Riot Platforms worth an expected $9.1 billion. Riot will provide 191 megawatts of computing capacity from its…
TLDR: Gwyneth Paltrow has sold her Brentwood mansion for $22 million, down from initial asking price of $29.99 million The…
TLDR Girin Card secures FinCEN MSB registration, strengthening its compliance framework for crypto payments and card operations. The card supports self-custody spending through XRP and RLUSD…
