SoftBank-backed PayPay has taken a major step toward the public markets, making public its paperwork for a US initial public offering that could rank as the biggest US listing ever …
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Stock
Fastly stock dubbed an ‘underappreciated AI play’ after blockbuster Q4 earnings
by adminby adminFastly Inc (NASDAQ: FSLY) just reported its first profitable year on a non-GAAP basis, triggering what many media reports are framing as a “short squeeze”. In Q4, the cloud-computing company …
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Politics
DEI, climate agenda advanced through progressive-backed lawsuits, new report claims
by adminby adminA new report from Alliance for Consumers (AFC) argues that progressive, often climate-change-related, activism and aligned trial lawyers are increasingly using lawsuits not to win big dollars but big changes. …
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Politics
DHS shutdown looms as Johnson navigates GOP divide over stopgap solutions
by adminby adminA partial government shutdown affecting the Department of Homeland Security (DHS) is all but guaranteed unless the Senate rams through a short-term extension of current funding levels sometime on Thursday. …
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Business
Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
by adminby adminThe operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. …
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Business
Mexico Central Bank official warns inflation forecast may be too optimistic
by adminby adminJonathan Heath, deputy governor of the Bank of Mexico, questioned the institution’s official outlook and warned that current estimates may be overly optimistic. Heath argued it is unlikely that inflation …
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Business
US stocks open in the green after strong jobs data: Nasdaq climbs around 1%
by adminby adminUS equities moved higher on Wednesday after a stronger-than-expected January jobs report eased concerns about slowing economic momentum and reinforced confidence in the resilience of the labour market. The Dow …
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Investing
Here’s why Astera Labs stock price crashed despite strong earnings report
by adminby adminAstera Labs stock suffered a harsh reversal after the company published strong financial results that missed some analysts’ estimates. ALAB dropped to a low of $164 in the extended hours, …
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Cloudflare stock price surged by over 15% in the extended hours after the tech giant released strong financial results and boosted its guidance amid the ongoing AI demand. NET jumped …
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Stock
Nvidia stock bucks the market trend to surge around 1.5% after analysts lift target
by adminby adminNvidia stock moved higher early on Wednesday, even as broader markets struggled, after an analyst upgrade reinforced optimism around the chipmaker’s earnings outlook and long-term artificial intelligence positioning. Nvidia shares …