The company's strategic pivot to Web3, despite a touted $100 million investment, was met with extreme market skepticism and a massive sell-off.
Investors react negatively to an all-stock deal that would heavily dilute current shareholders and pivot the semiconductor firm into AI infrastructure.
Investor concerns over share dilution trigger a sharp sell-off after the biotech firm prices its oversubscribed capital raise at $2.11 per unit.
Investor Eric Jackson speculates the proptech firm could capture 10% of the U.S. housing market, sparking a rally on heavy trading volume.
A significant fire at a Novelis plant in New York threatens to disrupt production of the best-selling F-150 pickup for months.
Partnership with ViBe 99.7FM to deploy AI-driven audio technology, aiming to revolutionize interactive advertising revenue for broadcasters.
The diagnostics firm's price target was cut to $33, reflecting analyst worries about its near-term performance in a post-pandemic market.
Company raises long-term revenue and profit guidance, citing surging demand for its AI server infrastructure and enterprise IT solutions.