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Databricks acquires Panther Labs to boost cybersecurity amid rising AI threats

Company Fundamentals
16 Jun 2026
Caroline Ryan
View Source
Bullish
pluang ai news

Databricks has acquired cybersecurity startup Panther Labs to strengthen its position against competitors like CrowdStrike and Splunk. Panther Labs specializes in consolidating security data streams to enable automated threat responses, addressing the increasing volume of cyberattacks driven by AI advancements. This marks Databricks' third cybersecurity acquisition, following purchases of Antimatter and SiftD.ai, as the company prepares for a potential IPO next year and considers a new funding round that could raise its valuation to $165-$175 billion.

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Centene offers voluntary staff buyouts amid major ACA membership drop

Centene offers voluntary staff buyouts amid major ACA membership drop

Centene, a major U.S. health insurer, has launched a voluntary separation program allowing eligible employees to apply for buyouts as it faces a significant decline in membership, especially in its Affordable Care Act (ACA) marketplace plans. Members...

Market News
Bearish
13 minutes ago
US agency proposes broader Medicare coverage for heart valve device, boosting Edwards Lifesciences.

US agency proposes broader Medicare coverage for heart valve device, boosting Edwards Lifesciences.

The US Centers for Medicare & Medicaid Services (CMS) proposed removing the coverage with evidence development (CED) requirement for Transcatheter Aortic Valve Replacement (TAVR) in patients with symptomatic severe aortic stenosis. CMS also suggested...

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Bullish
14 minutes ago
SpaceX options trading sparks talk of a gamma squeeze potentially pushing stock to $400.

SpaceX options trading sparks talk of a gamma squeeze potentially pushing stock to $400.

SpaceX (SPCX) options began trading, triggering speculation of a gamma squeeze that could drive the stock price to $400. Experts highlight the stock's low tradable float and high call option demand, which may force dealers to buy shares aggressively,...

Market News
Bullish
24 minutes ago
Laser Photonics wins $800K order for robotic laser system in data center supply chain

Laser Photonics wins $800K order for robotic laser system in data center supply chain

Laser Photonics has delivered its first robotic laser cleaning system to Vander-Bend Manufacturing, valued at about $800,000. The system automates zinc coating removal from sheet metal panels used in data centers, replacing labor-intensive manual wor...

Market News
Bullish
28 minutes ago
Velo3D stock surges as SpaceX confirms use of its technology in latest Raptor engine.

Velo3D stock surges as SpaceX confirms use of its technology in latest Raptor engine.

Velo3D shares jumped over 9% following confirmation by CEO Arun Jeldi that SpaceX's latest Raptor engine is built entirely using Velo3D technology. The company has supplied machines for SpaceX since 2018 and is currently producing parts for the next-...

Market News
Bullish
30 minutes ago
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