Wealthfront's shares opened flat in their Nasdaq debut on Friday, valuing the automated digital wealth management company at $2.63 billion on a fully diluted basis. ...

The administrator of Google's defunct Russian business has obtained a temporary freeze on some 110 million euros ($129 million) of the Alphabet-owned company's assets in France, official orders seen b... ...

Oracle has pushed back the completion dates for some of the data centers it is developing for OpenAI to 2028 from 2027, Bloomberg News reported on Friday citing people familiar with the work. ...

Shares of Rivian Automotive surged 18% on Friday as analysts issued bullish commentary on the electric pickup truck and SUV maker's efforts to develop a custom chip for self-driving features and its i... ...

Core Viewpoint - Citigroup received an upgrade from analysts at J.P. Morgan, indicating confidence in the bank's ongoing turnaround efforts under CEO Jane Fraser [1] Company Summary - Citigroup is the third-largest lender in the U.S. and has been undergoing a significant transformation over the years [1] - The upgrade reflects positive sentiment from Wall Street regarding the effectiveness of the bank's strategic initiatives [1]

Core Viewpoint - The Magnum Ice Cream Company has resolved its supply-chain issues, placing pressure on Unilever to demonstrate that its strategic shift towards beauty and wellbeing can enhance growth and profit margins [1] Company Summary - Unilever is under scrutiny to prove that its transition towards beauty and wellbeing sectors can effectively drive growth and improve margins following the resolution of supply-chain challenges faced by the Magnum Ice Cream Company [1]

Core Argument - The streaming giant Netflix argues that acquiring Warner Bros Discovery is essential for competing with YouTube, but antitrust experts express skepticism about the validity of this argument [1] Company Summary - Netflix is pursuing a $72 billion takeover of Warner Bros Discovery to enhance its competitive position in the streaming market [1] - The acquisition is seen as a strategic move to bolster Netflix's content library and market share against competitors like YouTube [1] Industry Summary - The streaming industry is increasingly competitive, with major players like YouTube dominating the market [1] - Antitrust concerns are raised regarding large mergers in the streaming sector, indicating potential regulatory challenges for Netflix's acquisition [1]

Core Viewpoint - Shares of Fermi experienced a significant decline of 40% following the announcement that a prospective tenant had terminated a deal intended to fund construction at its Texas site [1] Company Summary - Fermi is a data center real estate investment company [1] - The termination of the deal represents a setback for the company's construction plans in Texas [1]

India's markets regulator said on Friday it had dropped a case of alleged insider trading in the shares of Adani Green Energy against Pranav Adani, director of several Adani group companies and nephew of its billionaire founder Gautam. ...

Core Viewpoint - The Federal Aviation Administration (FAA) will review Boeing's proposed enhanced flight crew alerting system for the Boeing 737 MAX 10, which includes a synthetic enhanced angle of attack [1] Group 1 - The FAA's review indicates ongoing regulatory scrutiny of Boeing's safety systems [1] - The proposed alerting system aims to improve flight safety and operational efficiency for the Boeing 737 MAX 10 [1]