A major shareholder of Mission Produce has acquired over $8.2 million in company stock, marking a significant vote of confidence. The purchase stands out amid a series of multi-million dollar sales by executives at companies like Rocket Lab and Dell Technologies.
European Union lawmakers voted to reinstate temporary rules allowing online platforms to detect child abuse material, but carved out a significant exemption for end-to-end encrypted services amid a fierce privacy debate.
The luxury marketplace has confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission, signaling its intent to go public pending regulatory review and market conditions.
Shares of battery maker Enovix surged after the company appointed Dr. Michael Vyvoda, a former Apple operations director, as its new Chief Operating Officer. Investors view the hire as a key step toward scaling high-volume manufacturing.
Shares of the memory chip maker surged over 5% as investors reacted to positive analyst ratings from Goldman Sachs and Bernstein, which highlighted tight supply conditions in the NAND market.
Shares of the clinical-stage biopharmaceutical company (NASDAQ: FBRX) jumped 12% after its drug candidate, FB102, showed statistically significant improvement in patients with the skin condition vitiligo.
A recent reversal in the popular artificial intelligence and momentum trade has inflicted significant losses on hedge funds, particularly systematic strategies, according to a new report from Goldman Sachs.
Bernstein has lowered its rating on Salesforce to Sector Weight, citing poor customer feedback and a lack of evidence that the company's Agentforce AI product is gaining momentum.
Coinbase has resolved a technical issue that prevented users from placing trades on its prediction markets platform. The cryptocurrency exchange confirmed on Thursday that the service has been fully restored.
