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News Powered By AI
Japanese automakers face headwinds from potential yen strengthening and Middle East conflict disruptions, threatening their recent profitability gains despite weak currency benefits earlier in the year.
Anthropic reported an annualized revenue run rate of $65 billion in July, representing a sevenfold increase year-over-year, as the AI company prepares for an anticipated initial public offering.
Novig, a sports prediction market platform, generated over $125 million in trading volume during its first week of operations, surpassing debut-week figures from competitors including Kalshi and DraftKings’ DKeX exchange.
SpaceX shares declined ahead of 319 million employee shares becoming eligible for sale on August 20, reversing Monday’s 6% rally as investors assess potential insider selling pressure.
DocGo announced a definitive agreement to acquire Hicuity Health during the second quarter, marking its largest acquisition to date and reshaping its vertically integrated care platform strategy.
Duos Technologies completed its rail business divestiture and shifted focus to AI infrastructure and edge data centers, achieving positive adjusted EBITDA and securing a $111 million colocation agreement.
