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Trump, Union Pacific CEO Discussed $72 Billion Acquisition of Norfolk Southern
Yahoo Finance· 2025-09-12 21:41
Union Pacific Corp.’s chief executive officer discussed the railroad’s proposed $72 billion acquisition of rival Norfolk Southern Corp. with President Donald Trump as the company seeks regulatory approval for the deal. Most Read from Bloomberg During a meeting in the Oval Office, Union Pacific CEO Jim Vena and the president “discussed how creating an American transcontinental railroad is a win for US competition, consumers and the unionized workers whose jobs will be protected when the merger is approved ...
Palantir (PLTR) Demand Trends Remain Strong, UBS Finds No Pressure
Yahoo Finance· 2025-09-12 21:40
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the AI Stocks In The Spotlight For Investors. On September 9, UBS analyst Karl Keirstead reiterated a Neutral rating and $165.00 price target on the stock following research on the company’s demand trends. Speaking with three sources, the firm came away constructive on the stock, particularly Palantir’s fundamentals. It didn’t find any pressure from commercial or government segments either. “Over the last few weeks we spoke with 3 checks (one of Palantir ...
ASML Partners With Mistral AI in Strategic €1.3 Billion Deal
Yahoo Finance· 2025-09-12 21:38
ASML Holding N.V. (NASDAQ:ASML) is one of the AI Stocks In The Spotlight For Investors. On September 11, ASML Holding NV and France-based AI leader Mistral AI announced a strategic partnership to explore AI model integration across ASML’s product portfolio as well as research, development and operations. This will benefit ASML customers to benefit from faster time to market and higher performance holistic lithography systems. ASML is also leading a €1.3 billion Series C funding round for Mistral AI which ...
Nikola agrees to $83M SEC settlement
Yahoo Finance· 2025-09-12 21:36
The collapse of zero-emission truck developer Nikola Corporation has culminated in a liquidation plan that includes an $83 million settlement with the U.S. Securities and Exchange Commission. Court filings on Friday outlined the agreement with federal regulators. The SEC claim is split into an “unsecured claim” of about $43 million and a “junior claim” of $40 million. The settlement is part of a broader Chapter 11 plan of liquidation for Nikola and its nine debtor affiliates, including Nikola Motor Co. L ...
Mizuho Keeps Neutral on Rubrik (RBRK) Despite Strong Quarterly Results
Yahoo Finance· 2025-09-12 21:35
Rubrik, Inc. (NYSE:RBRK) is one of the AI Stocks In The Spotlight For Investors. On September 10, Mizuho analyst Gregg Moskowitz reiterated a Neutral rating on the stock with a $97.00 price target. The neutral rating comes despite Rubrik’s strong quarterly results. According to the company, the company’s subscription annual recurring revenue grew 36% from last year, better than Street forecasts of 33%. Net new subscriptions were $71 million, up 12% but a slower growth than the 23% improvement in the previ ...
How Baidu (BIDU) Is Positioning Its AI Against OpenAI, Google, and DeepSeek
Yahoo Finance· 2025-09-12 21:33
Baidu, Inc. (NASDAQ:BIDU) is one of the AI Stocks In The Spotlight For Investors. On September 10, the company released an updated version of its proprietary reasoning showcasing capabilities similar to advanced AI systems from DeepSeek, OpenAI and Google. According to Baidu chief technology officer Wang Haifeng, third-party AI benchmarks reveal that the firm’s X1.1 reasoning model had surpassed the performance of DeepSeek-R1, while it matched OpenAI’s GPT-5 and Google’s Gemini 2.5 Pro. Wang further said ...
SoundHound AI Acquires Interactions to Cement Its Lead in Agentic AI
Yahoo Finance· 2025-09-12 21:29
SoundHound AI, Inc. (NASDAQ:SOUN) is one of the AI Stocks In The Spotlight For Investors. On September 9, the company announced the acquisition of Interactions, an artificial intelligence leader in customer service and workflow orchestration. The deal will allow SoundHound to strengthen its growing leadership in Agentic AI and improve its market penetration in customer service. The company announced that major new powerhouse brands will be introduced to SoundHound’s customer portfolio through the strategi ...
Alliance Laundry reveals revenue jump in US IPO filing
Yahoo Finance· 2025-09-12 21:18
(Reuters) -Alliance Laundry's revenue rose nearly 15% in the first half of 2025, the laundry equipment maker disclosed on Friday in its U.S. initial public offering paperwork, aiming to list on the New York Stock Exchange as the IPO markets continue to run hot. The listing plan marks a U-turn in strategy by Alliance owner BDT & MSD Partners, the merchant bank which was exploring a sale of the 117-year-old commercial laundry provider last year, Reuters had reported. The sale would have valued it at $5 bil ...
Why Did Dogecoin (DOGE) Jump Today?
Yahoo Finance· 2025-09-12 21:18
Key Points DOGE moved higher as traders anticipate likely Federal Reserve rate cuts and cheer two high-profile crypto IPOs. DOGE is still highly speculative and prone to sharp, unpredictable swings. 10 stocks we like better than Dogecoin › Dogecoin (CRYPTO: DOGE) soared on Friday. The coin saw its value jump 7.8% in the last 24 hours as of 4:35 p.m. The move comes as the S&P 500 (SNPINDEX: ^GSPC) was little changed and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%. Dogecoin and much of the ...
Via shrugs off tepid open to end first day of trading slightly above IPO price
Yahoo Finance· 2025-09-12 21:16
Investors took a cautious approach to transit software startup Via’s IPO on Friday, with shares opening below the company’s IPO price before recovering at the end of the day slightly higher. The company, which initially filed confidentially for IPO in July, priced its IPO at $46 per share, raising $492.9 million. Those shares slipped to $44 when the stock began trading Friday afternoon, and then inched back into the green to finish at just over $49. The modest gain values Via at roughly $3.9 billion at t ...