The Swedish EV maker bolsters its financial position with a major cash injection from two Asian financial giants, marking its second significant funding round in two months on the heels of a 34% sales jump.
Italian entrepreneur Marco Marchi's Exelite Group has assumed full control of the Blumarine brand via a master license, marking a pivotal restructuring. The move sets the stage for a strategic expansion, beginning with a Milan Fashion Week show and a new flagship store, as creative director David Koma aims to elevate the label's global profile.
TD Cowen has increased its price target for Lowe's Companies (LOW) to $295 while maintaining a Hold rating, as part of a wider reassessment of the hardlines retail sector. The home improvement giant, a noted dividend aristocrat, continues to attract investors seeking reliable income growth despite housing market uncertainties.
Elon Musk merges his space and artificial intelligence ventures, with SpaceX acquiring xAI in a deal that reshapes the competitive landscape of both industries and signals a new phase in the billionaire's grand technological ambitions.
The explosive demand for AI is triggering a seismic shift in commercial real estate, as investors pour capital into specialized data centers designed to handle the immense power and cooling needs of next-generation computing.
French prosecutors have expanded their investigation into Elon Musk's X platform, citing concerns over its AI chatbot Grok and alleging a range of serious violations. Musk has been summoned to appear before investigators in Paris this April.
RBC Capital has trimmed its price target for EOG Resources, citing a more conservative long-term view on oil prices. The adjustment reflects lowered 2026 WTI forecasts and impacts the shale producer's earnings and cash flow projections.
JPMorgan Chase has adjusted its rating on Principal Financial Group from Overweight to Neutral, citing more attractive opportunities elsewhere in the life insurance space. The firm maintains a $103 price target and acknowledges PFG's strong fundamentals.
Microsoft launches its second-generation Maia AI processor and new software tools, challenging Nvidia's dominance and aiming to reduce reliance on external suppliers for its booming cloud AI services.
InterDigital, Inc. (IDCC) has bolstered its licensing program with a renewed agreement with LG Electronics and issued its 2026 financial outlook, projecting revenue between $675 million and $775 million. The move underscores the firm's pivotal role in standard-essential patents for consumer electronics.
As Alphabet prepares to report its fourth-quarter results, investors are watching to see if the online advertising behemoth can maintain its streak of exceeding Wall Street's expectations amidst a shifting digital landscape.
Gökçe Güven, CEO of rewards startup Kalder and a 2023 Forbes 30 Under 30 honoree, is charged with securities fraud, wire fraud, and visa fraud. Prosecutors allege she used falsified data to raise millions from investors.
Elon Musk merges his space and AI ambitions under one roof as SpaceX finalizes the acquisition of xAI. The strategic move, combining Starlink, social platform X, and chatbot Grok, sets the stage for a landmark public offering and accelerates Musk's vision for off-planet data infrastructure.
Palantir Technologies shatters expectations with Q4 results, reporting a 70% revenue surge and forecasting continued robust growth, as its AI platform becomes a central driver for U.S. commercial business.
A new national report reveals Wegmans Food Markets experienced one of the steepest declines in customer satisfaction among major grocers in 2026, as economic pressures reshape shopping priorities toward value and convenience.
OpenAI has released a mobile application for its Codex AI coding assistant, aiming to close the gap with competitors like Anthropic in the lucrative and fast-growing market for AI-powered software development tools.
Conagra Brands launches Banquet MEGA Breakfast Bowls, a high-protein frozen line using a novel steaming method, signaling a strategic push into convenience-focused breakfast and testing investor appetite for its turnaround narrative.
Apeiron Capital's complete divestment from SharpLink Gaming coincides with the firm's dramatic portfolio liquidation and SharpLink's own radical transformation from a sports betting affiliate to a major corporate holder of Ethereum.
A new IAB initiative aims to overhaul fragmented marketing measurement with interoperable standards, as a report warns AI could entrench opaque decision-making despite promising billions in unlocked value.
Investment firm William Blair has initiated coverage on Rambus Inc. with an 'Outperform' rating, highlighting the chip designer's dominant market share in interface circuits and its strategic positioning to capitalize on surging demand from AI data centers and server DRAM upgrades.
