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Robotics startup Figure AI in talks for new funding at $39.5 billion valuation, Bloomberg News reports
Feb 14 (Reuters) - Robotics startup Figure AI is in talks with investors to raise $1.5 billion in funding that would value the company at $39.5 billion, Bloomberg News reported on Friday, citing people familiar with the matter.Align Ventures and Parkway Venture Capital are expected to lead the deal,...Reuters
Fri, Feb 14
Other
Brightspire Capital Inc expected to post earnings of 18 cents a share - Earnings Preview
Brightspire Capital Inc BRSP.N, BRSP.K is expected to show a fall in quarterly revenue when it reports results on February 18 for the period ending December 31 2024The Los Angeles California-based company is expected to report a 34.9% decrease in revenue to $19.656 million from $30.21 million a ye...Reuters
Fri, Feb 14
Commodities
US Energy Department to postpone seven mandates on appliance efficiency standards
Feb 14 (Reuters) - The U.S. Energy Department said on Friday it will postpone seven mandates related to the implementation of Biden administration efficiency standards on home appliances, including central air conditioners and air compressors.Reuters
Fri, Feb 14
Stocks
Why RTX Corp Stock Is Sinking Today
Shares of RTX Corp (NYSE: RTX) are trading lower on Friday. The company's stock lost 2.8% as of market close but lost as much as 3.5% earlier in the day. The drop comes as the S&P 500 lost 0.1%, and the Nasdaq composite gained 0.4%.RTX, the defense giant formerly known as Raytheon, saw its stock imp...The Motley Fool
Fri, Feb 14
Other
Unisys Corp expected to post earnings of 30 cents a share - Earnings Preview
Unisys Corp UIS.N, UIS is expected to show a fall in quarterly revenue when it reports results on February 18 for the period ending December 31 2024The Blue Bell Pennsylvania-based company is expected to report a 1.2% decrease in revenue to $550.933 million from $557.6 million a year ago, accordin...Reuters
Fri, Feb 14
Other
BRIEF-Jana Partners Cuts Share Stake In FIS, Wolfspeed; Dissolves Share Stake In Fortrea Holdings
Feb 14 (Reuters) - JANA PARTNERS MANAGEMENT LP:JANA PARTNERS MANAGEMENT LP CUTS SHARE STAKE IN FIDELITY NATIONAL INFORMATION SERVICE BY 68.7% TO 496,895 SHARES - SEC FILINGJANA PARTNERS MANAGEMENT LP DISSOLVES SHARE STAKE IN FORTREA HOLDINGS INCJANA PARTNERS MANAGEMENT LP RAISES SHARE STAKE IN LAMB ...Reuters
Fri, Feb 14
Other
Industrial Logistics Properties Trust expected to post a share - Earnings Preview
Industrial Logistics Properties Trust ILPT.OQ ILPT.O is expected to show a rise in quarterly revenue when it reports results on February 18 for the period ending December 31 2024The Newton Massachusetts-based company is expected to report a 1.3% increase in revenue to $110.3 million from $108.9 mi...Reuters
Fri, Feb 14
Commodities
Trump says he would not mind if Nippon Steel took minority stake in US Steel
Recasts, adds requests for commentBiden blocked merger over national security concernsNippon Steel made $14.9 billion bid for US Steel in 2023By Trevor Hunnicutt, Nandita Bose Feb 14 (Reuters) - U.S. President Donald Trump said on Friday he would not mind if Nippon Steel 5401.T took a minority st...Reuters
Fri, Feb 14
Other
TrueCar Inc expected to post a loss of 6 cents a share - Earnings Preview
TrueCar Inc TRUE.OQ TRUE.O is expected to show a rise in quarterly revenue when it reports results on February 18 for the period ending December 31 2024The Santa Monica California-based company is expected to report a 14.5% increase in revenue to $47.289 million from $41.29 million a year ago, acc...Reuters
Fri, Feb 14
Stocks
Anebulo Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary
Anebulo Pharmaceuticals Inc ANEB.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The lone analyst forecast for the quarter was for a loss of 8 cents per share. Reporte...Reuters
Fri, Feb 14
Cryptocurrencies
Nvidia invests in self-driving after offloading AI chipmaker ARM
Nvidia has pumped $25 million into China’s self-driving startup WeRide, which of course is a huge change in its investment focus after cutting its stake in British chipmaker Arm Holdings. According to a 13F regulatory report filed on Jan. 31, the AI giant now owns 1.7 million shares of WeRide. The announcement sent WeRide’s stock […]Cryptopolitan
Fri, Feb 14
Other
Telefonica's Peru unit to enter bankruptcy proceedings
Updates throughout with details from Peru statement, comment from parent company and antitrust watchdog, context from reported Latin American asset sales, company backgroundBy Marco Aquino and Ana Cantero LIMA, Feb 14 (Reuters) - Spanish telecommunications giant Telefonica's TEF.MC Peru unit ...Reuters
Fri, Feb 14
Other
Otter Tail Corp expected to post earnings of $1.27 a share - Earnings Preview
Otter Tail Corp OTTR.OQ OTTR.O is expected to show a rise in quarterly revenue when it reports results on February 17 for the period ending December 31 2024The Fergus Falls Minnesota-based company is expected to report a 0.1% increase in revenue to $314.753 million from $314.31 million a year ago,...Reuters
Fri, Feb 14
Other
Seven Hills Realty Trust expected to post earnings of 35 cents a share - Earnings Preview
Seven Hills Realty Trust SEVN.OQ SEVN.O is expected to show a fall in quarterly revenue when it reports results on February 18 for the period ending December 31 2024The Newton Massachusetts-based company is expected to report a 20.3% decrease in revenue to $7.975 million from $10 million a year ag...Reuters
Fri, Feb 14
Other
THE DAY AHEAD-North America, February 18
(The Day Ahead - North America edition will not be published on Monday, February 17, on account of the Presidents' Day holiday in the U.S. and Family Day holiday in Canada) To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Ca...Reuters
Fri, Feb 14
Stocks
LIVE MARKETS-Wall Street ends the week with a lackluster mix
Nasdaq ends higher, S&P 500 ~flat, Dow dipsTech leads S&P sector gainers; Staples biggest loser Dollar, crude fall, gold down ~1.6%; bitcoin upU.S. 10-Year Treasury yield falls to ~4.48%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share y...Reuters
Fri, Feb 14
Other
RioCan Real Estate Investment Trust expected to post a share - Earnings Preview
RioCan Real Estate Investment Trust REI_u.TO is expected to show a rise in quarterly revenue when it reports results on February 18 for the period ending December 31 2024The Toronto Ontario-based company is expected to report a 1.4% increase in revenue to C$301.207 million from C$296.91 million a...Reuters
Fri, Feb 14
Other
BRIEF-Elliott Investment Management L.P. Cuts Share Stake In Southwest Airlines, Dissolves In Cardinal Health
Feb 14 (Reuters) - Elliott Investment Management L.P.:ELLIOTT INVESTMENT MANAGEMENT L.P. CUTS SHARE STAKE IN SOUTHWEST AIRLINES CO BY 2.4% TO 59.7 MILLION SHARES - SEC FILINGELLIOTT INVESTMENT MANAGEMENT L.P. DISSOLVES SHARE STAKE IN CARDINAL HEALTH INCELLIOTT INVESTMENT MANAGEMENT L.P. CUTS SHARE S...Reuters
Fri, Feb 14
Other
TikTok bidders talk directly with White House, not ByteDance, Axios reports
Adds background in paragraphs 2-6Feb 14 (Reuters) - Parties interested in buying the popular short-video app TikTok are talking directly with the White House, and not with its Chinese owner ByteDance, Axios reported on Friday.TikTok's fate has been up in the air since a law requiring ByteDance t...Reuters
Fri, Feb 14
