KGWV · U.S. MARKET INTELLIGENCE
AI application software stocks surged broadly amid reports that Workday is being acquired. Cloudflare and MongoDB rose more than 6%, while Palantir and Salesforce gained more than 4%. AppLovin and ServiceNow climbed more than 3%. The iShares Expanded Tech-Soft…
Fitch said the U.S. rating benefits from the country’s large economy, high per-capita income, active business environment and exceptional financing flexibility. The ratings agency expects U.S. economic growth to remain relatively resilient at 1.9% in 2026-2027…
A U.S. Securities and Exchange Commission filing said Musk held a 48.4% passive stake in SpaceX as of June 30.
U.S. sector ETFs broadly ended higher Thursday, Aug. 13. The real estate ETF rose 1.42%, followed by the consumer staples ETF, up 1.07%; the semiconductor ETF, up 0.76%; and the financial select ETF, up 0.56%.
Micron Technology said total committed capital for Micron Ventures has increased to $550 million.
Citi Group senior banker Alexander Schrantz is moving to Goldman Sachs, according to people familiar with the matter. He will be the latest executive to leave Citi’s Hong Kong team after the head of the bank’s Asia investment-banking business departed earlier…
Goldman Sachs Vice Chairman and former Dallas Fed President Robert Kaplan said the Federal Reserve was “absolutely” right not to raise interest rates in July and urged policymakers to keep an open mind before September. He said forces pushing inflation higher…
AMD plans to raise as much as $5 billion through what could become the largest investment-grade bond offering in the company’s history, joining a wave of corporate debt issuance fueled by the artificial-intelligence boom. The final size of the offering has not…
Billionaire hedge fund manager Bill Ackman’s investment firm is preparing a new vehicle that would let investors gain exposure to companies before their initial public offerings, joining a growing group of firms offering access to high-growth startups through…
Ticker: ABCL Company/name: AbCellera Biologics Inc. Last price: $10.63 Previous close: $3.10 Change: +243.06% Volume: 16,980,945 Recent 20-day average volume: 8,361,190 Relative volume: 2.0× 20-day moving average: $6.68 50-day moving average: $6.50 Prior 20-da…