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…
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…
Shares of software provider Workday Inc. surged after a report said private equity firm Silver Lake was in talks to acquire the company. Bloomberg News reported Thursday, citing people familiar with the matter, that Silver Lake had been discussing a potential…
Google has launched the Gemini 3.7 Flash model. Gemini 3.7 Flash will be offered at limited-time promotional prices through the end of the year. Input will cost $0.75 per 1 million tokens, while output will cost $3.75 per 1 million tokens.
Apple has opened an advanced manufacturing center in Houston and announced that it plans to begin producing Mac mini computers there this year. Apple has invested several hundred million dollars in Houston, and its first batch of advanced AI servers has shippe…
Silver Lake is in talks to acquire Workday, an enterprise cloud application software company, Reuters reported. Workday shares rapidly jumped 6.3%, and trading was halted.
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…