Chief Commercial Officer Chris Ivory said the company is accelerating its path to commercial activity, starting with the testing service with the off-the-shelf cellular handset on AT&T and Verizon networks.
The European Central Bank lowered its key interest rates by 25 basis points on Thursday, bringing the deposit facility rate to 2.75%, as the disinflation process remains “well on track” while the economy showed an unexpected stagnation during the last quarter of the year.
After Monday's AI sell-off sent tech stocks reeling, we had some comeback as buyers filled the void, only for traders to take some quick profits off yesterday's bounce.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
A wild selloff rattled tech stocks on Monday, striking at the heart of AI optimism as China’s DeepSeek startup unveiled an open-source large language model platform that outperforms OpenAI’s ChatGPT at a
It’s been a volatile start to the year, with an abundance of expectations placed on what the new administration would do in its first weeks, days, and even hours of power. So, what changed?
Trump called for lower rates not just in the US but globally. This is unlikely to be the last time he will try to jawbone the central bank into looser monetary policy. Markets are likely to puke should Fed independence get compromised.
In this week's video, we'll review the latest charts and data to help us answer the question, is it time to load up on banks, small caps, midcaps, and the equal weight S&P500?
The Russell 2000 (RTY) is up about 18% over the past year – but their performance pales over most time periods when compared to large-cap indices like the S&P 500 (SPX).
Wall Street paused for a breather on Friday, with the S&P 500 index hovering around the flatline at midday trading in New York after a five-day rally that pushed the market to fresh record highs this week. Meanwhile, investor attention shifted to forex and gold markets.
Markets gathered together and finished in robust fashion in the green today, ramping up in the final 20 minutes of trading on news that President Trump signed an executive order on a crypto-related digital access stockpile.
With an end to the U.S. presidential election and increasing expectations of strong economic growth, deregulation, and lower taxes, the Russell 1000 Index finished the quarter with a robust 2.7% return.
The company expects to raise net proceeds of $387.9 million from the offering and use a bulk of it for working capital and general corporate purposes, including strategic acquisitions.
