The company is adding computing infrastructure quickly, an Oppenheimer analyst notes. SpaceX is also getting large technology players to pay handsomely for its computing power.
GUANGZHOU, CHINA – JULY 14: A woman looks at her smartphone while walking past a SHEIN sign outside the company’s office on July 14, 2026, in Guangzhou, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in…
Morning Hubsters, Happy Fri-yay! This is John R Fischer in the New York newsroom with the US Wire. New software, including agentic AI applications, are fueling provider adoption of patient engagement technology. PE dealmakers like Main Capital, New Mountain Capital and Marlin Equity Partners see opportunities to scale these capabilities further via M&A and organically….
Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.” Allstate CEO Tom Wilson And the next step in the strategy is the build of ALLIE – Allstate’s Large Language Intelligent Ecosystem. Speaking to analysts during a call to discuss second-quarter earnings, Wilson said ALLIE is not completely…
Henry N. Nassau, Director, purchased 10,000 shares of Blackstone Mortgage Trust, Inc. (BXMT -1.66%) on Aug. 4, 2026. SEC Form 4 filing Transaction summary Metric Value Transaction value $143,400 Shares purchased 10,000 Post-transaction shares (directly held) 218,523 Post-transaction value $3.1 million Transaction value based on SEC Form 4 weighted average purchase price ($14.34); post-transaction value…
Elon Musk’s SpaceX is hiring a trader to build and lead a natural gas trading team to support the space flight company’s growing fuel and power needs. Job postings for the role, which “focuses on physical and financial natural gas trading,” further underscores the importance of the power-plant and manufacturing fuel to support the company’s ambitions in…
THL made a majority investment in AMI in 2024 Sanjoy Maity serves as CEO of AMI THL Partners has sold AMI, a Duluth, Georgia-based provider of firmware and platform management solutions, to Lattice Semiconductor. No financial terms were disclosed. As part of the transaction, THL will retain an equity ownership interest in Lattice Semiconductor. THL…
