AI Predicted to Boost Returns in Biotech Stocksby Lilu Anderson 13.08.2024AI integration in biotech could reduce R&D costs, enhance efficiency, and increase returns for investors.
Fulcrum Elevates Cybersecurity with Fortress Acquisitionby Lilu Anderson 12.08.2024Fulcrum IT Partners acquires Fortress, boosting cybersecurity offerings with AI integration and strategic expansions.
Subha Tatavarti Resigns as Wipro’s CTOby Lilu Anderson 12.08.2024Wipro CTO Subha Tatavarti steps down, marking changes in senior management amidst revenue decline.
Diageo’s Strategic Reset: Opportunity Amidst Challengesby Mark Eisenberg 12.08.2024RBC upgrades Diageo, seeing a reset opportunity as it faces volume growth challenges with leadership changes.
China’s Cargo Drones Propel Low-Altitude Economyby Mark Eisenberg 12.08.2024China tests cargo drones and air taxis, advancing its low-altitude economy, aiming for a 2-trillion-yuan industry by 2030.
Standard Chartered Restructures Investment Banking Teamby Mark Eisenberg 12.08.2024Standard Chartered reorganizes to streamline operations, folding industry coverage into M&A, eliminating over 20 roles.
LL Flooring Files for Chapter 11 Bankruptcyby Mark Eisenberg 12.08.2024LL Flooring seeks court approval for sale amid bankruptcy, securing $130M financing while negotiating with bidders.
Kaisa Group Liquidation Hearing Delayed in HKby Mark Eisenberg 12.08.2024Hong Kong court postpones Kaisa Group liquidation hearing, allowing time for debt restructuring agreement with bondholders.
DC Connected Car Secures $2.29M for AI Diagnosticsby Lilu Anderson 12.08.2024DC Connected Car raises $2.29 million to enhance AI-powered vehicle diagnostics, revolutionizing auto service and customer experience.
EIC’s Strong Q2 2024 Boosted by Aerospace Growthby Mark Eisenberg 11.08.2024Exchange Income Corporation reports robust Q2 2024 results, driven by aerospace and aviation. Strategic growth bolstered by key acquisitions.