A Neostellar principal argues that companies are generating enormous value long before their IPOs, shifting the primary wealth-creation opportunity away from public market investors. This trend is driven by stricter requirements for going public, forcing companies to mature while still in private hands.
Cathie Wood's ARK Invest acquired approximately $15.5 million worth of NVIDIA stock, capitalizing on a recent price dip triggered by investor concerns over large-scale AI deals.
DoorDash has received approval from the U.S. Federal Aviation Administration to operate its own commercial drone delivery service, positioning it to compete with established players like Amazon and Alphabet's Wing.
Bloomberg LP has agreed to acquire Canoe Intelligence, a financial technology company that automates data collection for alternative investments. The deal, with undisclosed terms, aims to enhance Bloomberg's data offerings for institutional investors in the private markets.
Brookfield Asset Management and NextEra Energy are reportedly developing a massive $100 billion data center campus in Paducah, Kentucky, according to a source, a project that would rank among the largest of its kind amid surging demand from the AI industry.
Shares of Johnson Controls jumped after the company reported fiscal third-quarter results that beat analyst expectations and raised its financial guidance for the full year and the long term.
Three leading quantum computing firms—IonQ, Rigetti, and D-Wave—are set to report earnings in early August, but they enter the crucial reporting period with vastly different financial outlooks and stock momentum.
Shares of auto retailer Sonic Automotive have surged 93% from their 52-week low, but the stock now trades well above analyst targets, setting up a critical Q2 earnings report to justify its new valuation.
Pool technology firm Hayward Holdings surpassed second-quarter revenue and earnings forecasts, sending its stock higher. The report shifts focus to fellow Charlotte-based company Sonic Automotive, which is set to release its own results amid a strong year-long rally.
