Two months later, the company has failed to pay up.
Category: Business
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Regeneron sinks as Phase 3 skin cancer treatment trial fails
The company faces a wave of price target cuts and a steep stock decline following the late-stage clinical trial failure of its experimental melanoma combination therapy.
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EY retracts report with apparent AI hallucinations
Sherwood News had exclusively reported an AI watchdog’s findings of the hallucinations.
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Elon Musk expects Tesla Robotaxis to be “widespread” in the US by the end of the year
If he’s talking about robotaxis in general he might be right.
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LiveRamp surges on $2.54 billion all-cash buyout by Publicis Groupe and Q4 earnings results
“This transaction reflects the strength of our business, the value of our platform and the strategic role LiveRamp plays in an AI-driven market,” Scott Howe, CEO of LiveRamp, said.
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Ford’s energy rally revs up again on 5-year supply deal with EDF
Ford shares climbed about 6% in premarket trading Monday.
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UnitedHealth falls after Berkshire dumps its stake while picking up Macy’s and Delta
Berkshire sold its roughly 5 million-share position less than a year after first buying into the health insurer.
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NextEra reportedly in talks to acquire Dominion, valuing the company at around $66 billion
Dominion is rising premarket on reports of the mostly-stock deal.
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Anthropic really doesn’t want the US to help China with AI
Anthropic made its case for freezing China out of the AI race as much as possible in a new policy paper. The company warned that letting China catch up to US AI companies could risk AI-powered mass surveillance…
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Stocks slide on inflation fears as oil climbs
Tech fell and oil rose, while investors grew concerned that oil supply disruption from the ongoing closure of the Strait of Hormuz could drive inflation.
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SpaceX reportedly plans to IPO in mid-June, chooses to list on Nasdaq
Elon Musk’s aerospace and satellite manufacturer, SpaceX, could price its initial public offering as soon as June 11 and make its public market debut on June 12, Reuters reported Friday. SpaceX is preparing…
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Tesla finally reported un-redacted information about its Robotaxi crashes
There have been a total of 17 crashes so far among its Texas Robotaxis. Read about them all here.
