Shares of Donald Trump’s social media venture have more than tripled in the five weeks since they bottomed out after the expiration of a lockup period that prevented insiders from selling the stock.Read More
Waymo is one of a large pack of companies pursuing robotaxi services in the US. It runs a commercial ridehailing platform in San Francisco, Phoenix and Los Angeles, where it charges fares forRead More
Perplexity’s search products seek to rival Google search.Company has discussed raising over $500 million in new funding. Tweet on Prelexity AI funding @perplexity_ai an artificial intelligence company building a search product that aimsRead More
Tesla beats estimates for earnings and auto profit margin as Musk’s sales growth forecast sends shares soaring Tesla reported surprisingly strong earnings in the third quarter, helping the electric car maker to regain momentumRead More
Palantir trades at 100 times earnings, a huge premium to peers. After a 150% rally that’s added about $60 billion in market value, Wall Street thinks Palantir Technologies Inc. has gotten way aheadRead More
Startup Bridge helps businesses issue and accept stablecoins. Stripe agreed to pay $1.1 billion for the crypto startup Stripe Inc. co-founder and Chief Executive Officer Patrick Collison confirmed in an X post onRead More
Gold was in overbought territory for the past three sessions, as concerns over the US election, and Mideast conflict sparked a massive demand that consequently led to a new record high. Gold priceRead More
Arm sued its longtime partner for breach of contract in 2022. The company gave Qualcomm a 60-day notice of cancellation Tweet on Arm’s feud v Qualcomm Arm Holdings is canceling a license thatRead More
Artificial intelligence chip startup Kneron Inc. is in talks to raise $300 million in its latest funding round, according to two people with knowledge of the matter. This could value the Taiwanese-American companyRead More
Lightmatter Inc., a startup making computing products that use light in place of electricity, has raised a new round of funding that almost quadrupled its valuation to $4.4 billion. Tweet on Lightmatter startupRead More
