The company is currently exploring its strategic options, and it has employed advisors to help it determine the best course of action. The sale is estimated to fetch up to $2 billion.
The significance of xAI acquiring X lies in the strategic integration of a cutting-edge AI company with a massive social media platform, creating a synergy that could reshape technology, data usage, and user experience.
Three small-cap stocks have intrigued Stocktwits users the most among the biotech sector this year, thanks to promising data from clinical trials and a leadership shuffle.
Bristol-Myers Squibb Co. traces its corporate beginnings back to 1887. Today, the company is a leader in developing innovative drugs like Eliquis for stroke prevention and Opdivo for cancer immunotherapy.
The Ontario, Canada-based company is expected to report break-even bottom-line results and revenue of $132.81 million for the fourth quarter of the fiscal year 2025.
While automakers across the U.S., Europe, and Asia scrambled to assess the impact, Tesla—with its fully U.S.-based production—saw its stock hold firm. Could this make Tesla a short-term winner in a volatile auto market?
The cryptocurrency sector ended the first quarter on a sour note, with several of its mega-cap coins recording double-digit losses. What happened: The total cryptocurrency market capitalization shrank from $3.26 trillion on Jan. 1 to $2.68 trillion at the end of the quarter, marking a 17% decline.
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day's retracement slide from over a one-week high.
The company said it is working to get the licenses of all its other nuclear units, with plans to submit a license renewal application for Robinson Nuclear Plant in Hartsville, S.C., this month.
On the last trading day of calendar Q1, major indexes were mixed. The Dow, which first tested a 6-month bottom, finished up exactly +1.00%, or +417 points — resulting in a more than 900-point swing.
The company’s partnership aims to leverage the advantages that GaN offers – high power density, efficiency, and reliability – to cater to the growing demand for data centers, thanks to artificial intelligence.
ouis Navellier expects the earnings season to give investors new confidence regarding the near-term gains of AI spending, potentially lifting sentiment toward tech stocks.
Cryptocurrency entrepreneur Chun Wang and a team of three astronauts set off on a historic SpaceX flight Monday to explore the earth’s polar regions from orbit.
