Amazon is discussing making a second multibillion-dollar investment in OpenAI rival Anthropic, according to a person involved in the discussions. The new deal is similar to Amazon’s initial $4 billion dollar investment in the startup, which was struck last year. But this time, Amazon wants … Source link
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(Reuters) – Amazon.com is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter. (Reporting by Akash Sriram in Bengaluru; editing by Alan Barona) Copyright 2024 Thomson … Source link
PURCHASE, N.Y.–(BUSINESS WIRE)–MBIA Inc. (NYSE:MBI) today posted its third quarter 2024 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors tomorrow, Friday, November 8, at 8:00 a.m. (ET) to discuss its financial results and other issues related to the Company. The conference call webcast will be available on MBIA (NYSE:)’s website at https://investor.mbia.com/investor-relations/events-and-presentations/default.aspx. MBIA Inc., headquartered in Purchase, New York, is a holding company…
Good for us if China indeed reduces its steel exports after Trump’s win: Tata Steel MD TV NarendranNov 7, 2024, 11:03 PM ISTTata Steel’s Managing Director, TV Narendran, expressed concerns over the global steel industry’s profitability, stating that current prices are insufficient for companies to invest in planned capacity expansions. He highlighted the impact of Chinese steel exports, often priced predatory low, on global prices.Prolonged Chinese imports may hit Indian steel industry’s investments, Tata Steel CEO saysNov 7, 2024, 08:46 PM ISTTata Steel’s CEO has warned that an influx of cheap Chinese steel imports is threatening the Indian steel industry.…
(Bloomberg) — Asian equities climbed Friday after stocks, bonds and commodities all rallied in the US as the Federal Reserve cut interest rates. Most Read from Bloomberg Australian and Japanese shares advanced along with Hong Kong futures, while the Golden Dragon index of US-listed Chinese companies jumped 3.5%. The S&P 500 gained 0.7% and the Nasdaq 100 climbed 1.5%, both setting fresh peaks for a second day. An index of global equities also advanced to a record. Treasuries were little changed in Asia after rallying Thursday when the Fed lowered its benchmark by 25 basis points as economists forecast. The…
Crosslink Capital Inc., a significant shareholder in Weave Communications, Inc. (NYSE:WEAV), has sold 125,000 shares of the company, according to a recent SEC filing. The shares were sold at an average price of $13.99, amounting to a total transaction value of approximately $1.75 million. The sale, which took place on November 6, 2024, leaves Crosslink with about 7.9 million shares of Weave Communications following the transaction. In addition to this sale, the filing reported a prior distribution of 75,733 shares to its members without additional consideration. This transaction, however, did not involve any monetary exchange. The shares are held indirectly…
Combating climate change has become one of the most pressing challenges of our time. As global temperatures rise and the impacts of climate change intensify, countries around the world are seeking strategies to reduce greenhouse gas emissions. One of the most powerful tools in this endeavour is the emissions trading scheme (ETS). An ETS provides a market-driven approach to climate change. Governments set a cap on emissions for particular sectors and issue emission permits to companies in those sectors. These permits can be freely traded between companies, effectively setting a price on emissions and incentivising companies to lower their emissions.…
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Investors in Tile Shop (NASDAQ:) Holdings, Inc. (NASDAQ:TTSH) have shown significant interest in the company’s stock, with recent transactions amounting to a total of $727,866. The purchases, made by entities including Pleasant Lake Onshore Feeder Fund LP, Fund 1 Investments, LLC, and Pleasant Lake Partners LLC, occurred over a series of days from November 5 to November 7, 2024. The transactions involved the acquisition of a total of 104,500 shares at prices ranging from $6.8965 to $7.0132 per share. These purchases have increased the cumulative shares owned by the reporting entities to over 8.25 million, indicating a strong position in…
EFFINGHAM, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its common stock. The dividend is payable on November 25, 2024 to all shareholders of record as of the close of business on November 18, 2024. The Board of Directors also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on December 30, 2024 to stockholders of record as of December 16, 2024.…