Rivian stock falls 18% as company sells 75 million shares to raise capital
The capital raise occurred during extended hours trading following Rivian shares increasing 8.1% on Monday after increasing 19.2% last week.
This Chinese cloud name offers a new way to play the AI boom, Morgan Stanley says
Kingsoft Cloud is likely to see its shares rise as it changes into an artificial intelligence-focused cloud business to ride the AI wave, Morgan Stanley says.
Google backs nuclear fusion startup targeting Europe’s first commercial power plant
Proxima Fusion has raised $468 million as it looks to move towards commercializing the promising but infamously difficult technical challenge of nuclear fusion.
CNBC Daily Open: Belgium’s sweet victory, Ukraine’s air battle and Le Pen’s judgement day
A decisive victory for Belgium over the U.S. on the football pitch sends them to the quarter-finals amid a contentious chapter for FIFA.
India fashion retailer Trent tumbles 11% as revenue growth disappoints
Shares of one of India’s biggest fashion retailers, Trent, fell over 10% after the company reported weak earnings growth.
Chinese AI models are gaining ground with U.S. companies as OpenAI, Anthropic costs surge
Recent model releases from Chinese companies including DeepSeek and Z.ai are seen by many as highly competitive compared to leading U.S. frontier systems.
Capital Group CEO Mike Gitlin on why the best career moves come before you’re ready
Capital Group CEO Mike Gitlin joins Executive Decisions to discuss the career risks that shaped his path to the top, from family lessons in critical thinking to leaving T. Rowe Price and embracing opportunities before he felt fully ready.
BlackRock says the China AI play is stock-specific, not a regional trade
BlackRock Investment Institute laid out its views Monday on the AI bubble debate.
BlackRock says the China AI play is stock-specific, not a regional trade
BlackRock Investment Institute laid out its views Monday on the AI bubble debate.
Hanwha Ocean shares sink 23% as it loses bid to build Canada’s next fleet of submarines
Canadian Prime Minister Mark Carney announced Monday that Germany’s Thyssenkrupp Marine Systems would be the preferred supplier for delivering the submarines.
