sergeyryzhov/iStock via Getty Images Cerevel Therapeutics (NASDAQ:CERE) rose 2.2% amid a report that the Federal Trade Commission’s closed door meeting on Monday is about Tempur Sealy’s (NYSE:TPX) proposed acquisition of Mattress Firm. Tempur Sealy ticked down 0.5%. The FTC closed-door meeting is expected to decide the fate of the MattressContinue Reading
MF3d/E+ via Getty Images The U.S. government’s ban on the export of high-quality chips used for artificial intelligence applications to China is limiting sector growth in the PRC, according to a report by The Information. Chinese tech firms are placing restrictions on the number of users with access to generativeContinue Reading
stockforliving/iStock Editorial via Getty Images Apple (NASDAQ:AAPL) is looking into new technology for its iPhone batteries that could make replacing them somewhat easier, The Information reported. The new technology method could be used for perhaps one model of the upcoming iPhone, widely expected to be known as the iPhone 16,Continue Reading
SoftBank Group’s (OTCPK:SFTBY) Vision Fund 2 will invest between $10M and $20M in the U.S.-based artificial intelligence search startup — Perplexity AI, giving it a $3B valuation, Bloomberg reported. The investment is part of a larger $250M funding round and triples Perplexity’s earlier about $1B valuation. The deal is notContinue Reading
Brett_Hondow/iStock Editorial via Getty Images Shares of home goods retailer Conn’s Inc. (NASDAQ:CONN) quickly dropped 16% after a report that the company hired advisers to help with the firm’s debt and to integrate a chain of stores it bought last year. Conn’s hired Houlihan Lokey Inc. as a financial adviserContinue Reading
Tunatura As additional states in the U.S. legalize marijuana for recreational purposes, a new report from the United Nations finds that hospitalizations for cannabis-use disorders are growing in the country. In addition, among those who use cannabis regularly, psychiatric disorders, including suicidal ideation and attempted suicide, are on the rise,Continue Reading
400tmax/iStock Unreleased via Getty Images Amazon (NASDAQ:AMZN), in an apparent effort to compete on a more even playing field with sites like Temu (NASDAQ:PDD) and Shein, plans to create a shopping section that links buyers directly to cheaper items in Chinese warehouses, according to a report by The Information. TheContinue Reading
bombermoon/iStock via Getty Images First Solar (NASDAQ:FSLR) -3% in Wednesday’s trading after a report by the Associated Press examined its ties to the Biden administration, saying the company stands to reap huge benefits from laws and regulations drafted and implemented by politicians it has backed. The report said First SolarContinue Reading
Sitthipong Pengjan/iStock Editorial via Getty Images Capri Holdings (NYSE:CPRI) edged higher by 0.5% after an investor said he sees the potential for 70% upside for the luxury goods company even if the company doesn’t complete its planned sale to Tapestry (TPR). Maven Investment Partners’ senior portfolio manager Manuel Blanco stillContinue Reading
Airdrops have been a popular strategy used by crypto projects to attract attention and build awareness. Receiving free tokens just for being part of a project’s community is a straightforward incentive that can draw investors to engage. What makes the airdrop marketing strategy so effective? Beyond the clear appeal ofContinue Reading
