North Carolina treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
North Carolina state Treasurer Brad Briner said the year's hottest IPO is too expensive for his pension fund to own.Briner, ...
Tag: Citing
Lululemon cuts annual outlook, citing ‘negative’ media commentary and disappointing product launches
Lululemon's troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current-quarter outlook on ...
Coinbase cuts headcount by 14% citing AI acceleration. The shares are gaining
Monitors display Coinbase signage during the company's initial public offering at the Nasdaq MarketSite in New York City on April ...
Trump extends Iran ceasefire after insisting he wouldn’t hours earlier, citing a ‘seriously fractured’ Iran | Fortune
The U.S.-Iran ceasefire will not expire on Wednesday afternoon after all. In a Truth Social post Tuesday afternoon that came ...
Major outgoing CEOs are citing AI as a factor in their decisions to step down
Two major CEOs told CNBC in recent months that the rise of artificial intelligence contributed to their decisions to hand ...
Indias Vice President Dhankar resigns citing health concerns
Vice President Jagdeep Dhankhar resigned from his post on Monday, citing health concerns and the need to prioritise medical care. ...
Lululemon shares tumble 20% as it cuts full-year earnings guidance, citing ‘dynamic macroenvironment’
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."As ...
Bernstein raises Reliance Industries target price to Rs 1,640, citing 3-year low valuation
Seeing a 3-year low valuation in Reliance Industries Ltd (RIL) shares, global brokerage firm Bernstein has raised its target price ...
Synopsys pulls full-year guidance, citing new China export restrictions
Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company's plans to have artificial intelligence take over parts ...
US court blocks Trumps sweeping tariffs, citing overreach of authority
A U.S. trade court on Wednesday blocked President Donald Trump’s tariffs from going into effect, ruling that the president overstepped ...
