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Investor Ron Baron predicts SpaceX could reach $30 trillion valuation and plans to buy $1B more shares at IPO.
Ron Baron, CEO of Baron Capital, believes SpaceX could become the largest company globally, potentially reaching a valuation of $10 to $30 trillion in the next 10 to 15 years. He has already invested $15 billion in SpaceX, which is the largest holdin...
Affirm expands beyond BNPL with cards, wallets, and banking to boost payments and merchant ties
Affirm revealed plans to grow beyond buy now, pay later (BNPL) by expanding its payment ecosystem through cards, digital wallets, and a new industrial bank charter. The company highlighted a 50% increase in transaction frequency per active user, now ...
Edwards Lifesciences confident in sustainable growth with strong focus on structural heart market
Edwards Lifesciences CEO Bernard Zovighian expressed strong confidence in the company's future, highlighting strategic clarity and a focused approach on the structural heart market. The company reported a successful year with double-digit growth cont...
Palantir deepens defense ties with Ukraine, boosting AI tech in battlefield operations.
Ukrainian President Volodymyr Zelenskyy met with Palantir CEO Alex Karp to discuss expanding cooperation in defense technology. Palantir's software has been instrumental in Ukraine's defense against Russian aggression since 2022, aiding in battlefiel...
Anthropic expands AI tools for legal sector as lawyers become top users of Cowork platform
Anthropic has enhanced its AI platform Claude with over 20 new connectors and 12 plugins tailored for the legal industry, making lawyers the most active users of its Cowork tool. These updates allow Claude to integrate with key legal software for con...
NMI Holdings execs to present at two major investor conferences in May 2026
NMI Holdings, Inc. announced that its CEO Adam Pollitzer and CFO Aurora Swithenbank will participate in the KBW Virtual Real Estate Finance and Technology Conference on May 19 and the Truist Securities Financial Conference on May 20 in New York City....
Innovent Biologics to present new obesity and metabolic drug data at ADA 2026 conference.
Innovent Biologics announced it will showcase multiple clinical and preclinical results for its obesity and metabolic disease treatments, including mazdutide and next-generation drugs, at the 2026 American Diabetes Association Scientific Sessions. Th...
Global Shipping ETF surges 34% YTD on rising freight rates and maritime chokepoint risks.
The SonicShares Global Shipping ETF (BOAT) has gained 34% year-to-date and 70% over the past year, driven by tripled freight rates and high earnings from VLCC tankers. The fund's performance hinges on disruptions at key maritime chokepoints like the ...
Chip stocks drop as semiconductor rally cools, Intel and Qualcomm lead losses.
Chip stocks fell sharply after weeks of gains, signaling a cooling in the semiconductor rally. Intel dropped as much as 11% before closing down 6.8%, while Qualcomm fell 11.5%. Nvidia was an exception, rising slightly by 0.6%. The PHLX Semiconductor ...
Banks accelerate patching after AI model Mythos reveals thousands of security flaws
Large banks using Anthropic's AI model Mythos have discovered hundreds to thousands of IT vulnerabilities, prompting faster patching and system upgrades. Mythos exposes how combining minor weaknesses creates major risks, pushing banks to fix flaws wi...