Portkey has made its Gateway for production AI fully open source, providing enterprise-grade governance, observability, authentication, and cost controls without requiring a SaaS subscription. The Gateway processes over 1 trillion tokens and 120 million AI requests daily, managing $180 million in annual AI spend across 24,000 organizations. This move allows engineering teams to access a proven control plane for managing AI agents and workflows securely and efficiently. Portkey recently raised $15 million in Series A funding to expand its platform, positioning itself as a critical infrastructure provider for the growing agentic AI era.
Reddit joined the S&P 500 index on August 18, 2026, replacing AvalonBay Communities, which may increase demand for its shares from index-tracking funds. Morgan Stanley maintained an Overweight rating on Reddit but lowered its price target from $240 t...
BJ's Wholesale Club reported quarterly earnings per share of $1.36 and revenue of $6.23 billion, surpassing analyst expectations. The growth was driven by budget-conscious shoppers and strong membership momentum, pushing sales beyond the company's fo...
UBS analyst Radi Sultan set a $40 price target for GitLab Inc., suggesting a nearly 5% downside from its current $42.08 share price. Despite this cautious outlook, the rise of AI is boosting demand for GitLab's software development platform, especial...
DraftKings (DKNG) shares closed at $25.03 on August 20, 2026, well below their 52-week high of $48.78, reflecting significant volatility. Wall Street analysts mostly maintain a positive outlook, with many recommending Buy or Strong Buy and average pr...
Kaito AI's browser extension, Kaito Pulse, which overlays verified trading data onto X timelines, faced privacy concerns due to its use of device fingerprinting. In response, founder Yu Hu quickly open-sourced the extension's code and submitted it fo...
