Ukraine has named Mykhailo Drapatyi as its new top general, replacing Oleksandr Syrskyi, as the country grapples with troop shortages, command reforms, and intense fighting in the fifth year of its war with Russia.
Analysts at Truist and Baird issued positive ratings for CoreWeave, DigitalOcean, and Nebius, signaling a key market shift from AI model training to the growing demand for inference as enterprises deploy applications.
Citi analysts have upgraded Canadian Solar, Fluence Energy, and Energy Vault, citing growing demand from hyperscale data centers and benefits from a shift to U.S. manufacturing, despite acknowledging policy and execution risks.
The wealth management firm reported a significant jump in second-quarter net income, largely driven by a pre-tax gain from a Visa share exchange, alongside robust growth in its core fee-based businesses.
The chipmaker will supply its next-generation Instinct MI450 servers to the AI firm in a multi-year agreement valued at tens of billions, while also investing up to $5 billion into Anthropic.
Bernstein has refreshed its European small- and mid-cap top picks for the third quarter, adding six companies it believes offer attractive valuations and earnings growth potential. The new selections include Convatec, Groupe SEB, CTS Eventim, GTT, TAG Immobilien, and X-FAB.
NovaGold Resources has agreed to an all-share transaction to acquire billionaire investor John Paulson's 40% stake in the Donlin Gold project, valuing the combined entity at approximately $4.2 billion.
Saudi Arabia's benchmark stock index closed higher on Wednesday, buoyed by gains in the financial services, retail, and cement sectors amid a rally in global oil prices.
Three of the world's largest asset managers are launching two new funds that will offer a mix of public and private market investments to high-net-worth clients of Merrill and Bank of America Private Bank.
