Alstom highlighted reasons for the free cash flow reduction for H1 of the fiscal year, and predicted a reduced figure for the full year.
The company initially planned to test its internet satellites aboard ULA’s new Vulcan rocket earlier this year. However, the e-commerce giant faced an unforeseen setback when the rocket experienced an explosion.
The recent halts in the trading of Metro Bank’s shares on the London Stock Exchange come on the heels of reports that the Bank was seeking to raise $727 million in debt and equity.
With the massive fundraise, Anthropic will focus on making significant developments on Claude Next and increase spending to boost its AI model.
Bird’s second-quarter earnings in 2023 showed a 19% year-over-year reduction in average rides per vehicle daily.
Doosan Robotics had an impressive IPO with shares jumping more than 100%, making it South Korea’s biggest trading debut so far this year.
The launch of the VC fund in Hong Kong highlights the country’s rising role as a crypto haven.
According to Founder and CEO Ben Leventhal, the amount raised will be focused on scaling the firm’s operations.
Astera Labs closed its series D funding round in November last year with $150 million at a valuation of about $3.15 billion.
The launch of the upcoming AI tools comes shortly after the company’s first interaction with generative AI. In August, Walmart introduced an AI tool tailored to serve the needs of up to 50,000 corporate employees.
Analysts at KeyBanc downgraded Apple shares from ‘Overweight’ to ‘sector-weight’ citing a weaker sales growth outlook.
SAS will leave exchanges as part of its restructuring deal, in addition to splitting equity and debt among members of a takeover consortium.
The updated vaccine specifically addresses the XBB.1.5 subvariant of the Omicron variant, which has raised concerns due to its potential to evade immunity conferred by earlier versions of the vaccine.
Analysts have warned that the rise in the bond yields could pose significant challenge to equity market and other risky investments like crypto.
Softacom CEO predicted that Artificial General Intelligence (AGI) would be realized within the next decade.