PayPal just lost its $53 billion safety net
PayPal shares dropped 12.7% after a consortium led by Stripe and Advent International withdrew its $60.50-per-share takeover bid, leaving the company to execute its turnaround independently.
This Newly Public Nuclear IPO Is Already Using AI to Speed Up Reactor Design. Is It a Buy?
X-Energy, public since April, is partnering with Idaho National Laboratory, Nvidia, and Amazon on an AI initiative to accelerate nuclear reactor design and deployment.
Haidilao shares jump as delivery growth and new restaurant brands boost outlook
Haidilao shares jumped 7% following first-half results showing delivery revenue more than doubled, while the hotpot chain expanded new restaurant concepts.
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
Okta shares surged 20% after the identity software provider exceeded fiscal second-quarter estimates, benefiting from increased demand for AI security solutions.
CrowdStrike jumps 11% on record second quarter as ‘Mythos moment’ drives AI cyber wave
CrowdStrike surged more than 11% after posting record quarterly revenue of $1.17 billion year-over-year growth and raising full-year guidance, citing AI security demand.
IREN Has $4B of Contracted ARR, but Only $1B Is Operating. How Much Will Reach GAAP Revenue?
IREN Limited reported $4 billion in contracted annualized revenue capacity for 2026, though only $1 billion was operationally deployed as of late August, with actual GAAP revenue recognition dependent on customer acceptance and utilization.