Investors awaiting new CPI data at 8:30 a. m. Eastern time.Forecasters are expecting a month- over-month gain of 0.3%. And joining us right now on the economy and the markets is Peter Orzac. He's the CEO of Lazard. He was the director of the Office of Management and Budget under President Obama.And and Peter, thank you for being with us today. Um, let's just talk broadly about the economy after we saw the much cooler than anticipated uh inflation numbers yesterday with PPI. Where do you think the economy st ...

Key Points Alibaba Group Holdings' artificial intelligence products have generated tremendous growth for the company over the past couple of years. The company has its own chatbot, Qwen, and it has also been making custom artificial intelligence chips. Earlier this year, it partnered with Apple to develop artificial intelligence features for the company's iPhones. 10 stocks we like better than Alibaba Group › In recent years, tech companies have experienced significant growth fueled by artificial ...

AI infrastructure company Nebius Group is set to raise $3bn through a new offering of convertible notes alongside a simultaneous offering of the company’s Class A shares. The company will utilise the proceeds to support ongoing business expansion, which includes acquiring additional computing resources and hardware, securing strategic land plots, and enlarging its data centre footprint. The funds will also cover general corporate purposes. In a statement, Nebius said: “We believe this will enable us to ...

the day before. Check out shares of buy now pay later company CLO. The stock gained 15% yesterday in its trading debut.Clara pricing its IPO at $40 uh share each raising close to $1.4% billion. Now that stock opened yesterday afternoon at $52 at the market close. CLA was valued at about $17 billion.In recent months, the company has talked up its move into banking. It CEO told CNBC the Clara has signed up 700,000 US customers for its new debit card. It's got 5 million people apparently on the waiting list.So ...

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Alex Markgraff from Summit Redstone Partners sets a price target of $135 for NASDAQ:HOOD, indicating a potential upside of about 14.93%.Robinhood's inclusion in the S&P 500 Index and the launch of "Robinhood Social" are significant developments for the company.The company's market capitalization stands at approximately $104.38 billion, with a recent stock price high of $123.44.Robinhood Markets, Inc. (NASDAQ: HOOD) is a financial services company known for its commission-free trading platform. Recently, Ale ...

The success of several high-profile IPOs this year means investors have gotten used to seeing eyewatering pops on day one. ...

Nvidia recently predicted that companies' AI infrastructure spending may reach as much as $4 trillion by the end of the decade, so it's clear the growth opportunity for Nebius is far from over. Of course, the company faces competition from major cloud service providers such as Amazon 's Amazon Web Services as well as younger AI-focused players like CoreWeave . This represents a risk, but if demand continues as expected and Nebius attracts major customers like Microsoft, the company could generate significan ...

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), the leader in the quantum computing and networking industries, will participate in the globally influential 2025 Quantum World Congress, taking place September 16-18 at Capital One Hall in Tysons, Virginia. The annual event brings together global quantum experts and visionaries to advance innovation across quantum computing, research, academia, software development, legislative and policy areas. Beyond livestreaming a keynote speech at the. ...