Mike Novogratz’s Galaxy Digital has announced a $460 million private investment from one of the world’s largest asset managers, marking a significant milestone in the company’s pivot toward artificial intelligence infrastructure. The
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Bristol Myers Squibb announced on Friday that it will acquire privately held cell therapy company Orbital Therapeutics for $1.5 billion in cash, marking its first major acquisition of the year. The move
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Reflection AI, a fast-rising artificial intelligence startup founded by former DeepMind researchers, has raised $2 billion in fresh funding, propelling its valuation to $8 billion. The investment, announced Thursday, was led by
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The White House softened its stance on Monday after President Donald Trump claimed that federal workers were already being laid off as a result of the ongoing government shutdown. Officials clarified that
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USA Rare Earth shares surged 10% in premarket trading on Friday following a report that CEO Barbara Humpton said the company was in close discussions with the White House. Humpton made the
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Global private equity firm KKR has strengthened its partnership with the Abu Dhabi National Oil Company (ADNOC) by acquiring a minority stake in ADNOC Gas Pipeline Assets. The ADNOC subsidiary operates 38
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With a potential government shutdown looming, employees at the Securities and Exchange Commission (SEC) have been told not to panic about mass layoffs. Greg Gilman, head of the SEC employees’ union, sent
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Lockheed Martin announced on Friday that its subsidiary Sikorsky has secured a nearly $11 billion contract from the U.S. Navy to build up to 99 CH-53K King Stallion helicopters. The defense giant
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Micron Technology has issued a bullish outlook for its upcoming quarter, projecting revenue above market expectations as it capitalizes on soaring demand for high-bandwidth memory (HBM) chips. The company’s optimism comes as
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This is not just another acquisition. It’s not just another number in the endless stream of corporate mergers. Scopely’s purchase of Pokémon Go for $3.5 billion is a move that shakes the
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