According to a Bloomberg report, the error occurred after a staffer copied and pasted the account number into the field instead of the amount to be transferred.
Morgan Stanley analyst Ravi Shanker said Aurora is leading the charge with the “most sophisticated on-highway Class 8 autonomous solution among peers.”
Ahead of earnings, several brokerages upped their price targets for Credo, highlighting that the growing demand for artificial intelligence (AI) applications bodes well for the company.
Intrepid Potash reported a loss of $0.11 per share, significantly higher than an estimated loss of $0.04 per share. The company posted a loss of $0.41 per share during the same period from a year earlier.
Its quarterly net revenue was $100.9 million compared with $73.2 million a year earlier. Wall Street expected the company to report $95.27 million in revenue.
Chairman and CEO Boris Jordan pointed to the company's strengthened cash position, with $107 million in cash at year-end, and operating and free cash flow of $163 million and $70 million.
If Okta manages to hold on to its after-market gains when the markets open on Tuesday, it would be a nine-month high for the San Francisco-based identity solutions provider.
Analysts suggested that Tesla's 2025 deliveries could decline annually but saw this as an "attractive entry point" into their "preferred embodied AI name."
The company’s net income rose to $5.8 million, or $0.25 per share, for the three months ended Dec. 31, compared with $2.1 million, or $0.09 per share, last year.
Cloudflare is scheduled to host an analyst day event on Mar. 12. Analysts expect it to update investors on how their go-to-market strategy is shaping up after changes made under the company’s new president, CJ Desai, in October.
The company said the project is backed by a 10-year, primarily fixed-price power purchase agreement, with an option for its investment-grade customer to extend it.
Morris will replace Vivek Sankaran, who has led the company for nearly six years and played a key role in its attempted merger with Kroger, which the Federal Trade Commission ultimately blocked.
The company also announced a delay in releasing late-stage trial data for axpaxli, its experimental treatment for wet AMD, shifting the timeline from Q4 2025 to Q1 2026.
While details are scarce at this point, the platform will use open application programming interfaces (API) and large language models to optimize networks in real time.
This comes after First Solar reported a mixed fourth quarter, missing earnings estimates while edging past revenue expectations. Following this, several brokerages trimmed their price targets for the stock.
Annual revenue from its MS drug, Briumvi, more than tripled, with U.S. net product revenue reaching $103.6 million in the fourth quarter and $310 million for the full year.
Finance chief Ariel Porat has stepped down from his role due to personal reasons, effective immediately. Asaf Alperovitz , who previously served as the CFO of a high-tech apparel firm, will replace him.
The Bitcoin miner said it benefited from a steep drop in energy costs, with its average cost per megawatt-hour falling 30% from the previous year to $31.63 in Q4.
Under the proposed deal, an initial tranche of $15 million would be disbursed, with additional funding of up to $25 million available over the next 18 months.
Muddy Waters said an Iranian engine shop appears to have acquired an FTAI Engine Module. The report cited evidence published on LinkedIn in January and February 2025 by an Iranian airline executive of Sorena Turbine.
The Reuters report also stated that Advanced Micro Devices (AMD) is evaluating Intel’s technology but did not confirm whether AMD has submitted test chips for production.
To sidestep U.S. controls, Chinese resellers are using entities registered outside of China to purchase Nvidia-powered servers from firms in Malaysia, Vietnam, and Taiwan.
The residential solar provider said its unrestricted cash, operating cash flows, and existing financing agreements were “not sufficient to meet obligations and fund operations.”
A CoinShares report attributed the record outflows to the recent Bybit hack, a more hawkish Federal Reserve, and profit-taking after a 19-week inflow streak that saw $29 billion pour into crypto funds.
Trump’s remarks come ahead of the first White House Crypto Summit on Friday, an event closely watched by investors seeking further details on the administration’s stance.
Application software companies were among the tech names that saw a spike in retail following, with the increasing interest fueled by catalytic events.
Wall Street expects Okta to post earnings per share (EPS) of $0.74, growing from $0.63 a year earlier. The company’s revenue is expected to rise to $668.91 million from $605 million.
Both ON Semiconductor and Allegro offer semiconductor solutions to the automotive sector. As of Friday's close, ON Semi’s market capitalization stood at $19.8 billion, while Allegro’s stood at $4.1 billion.
The semiconductor industry is buzzing with retail interest amid President Donald Trump’s tariff plans, a surge in energy demand, and a continued boom in artificial intelligence applications and usage.
The potential impact from President Donald Trump’s tariffs, the continuing uncertainty surrounding the Federal Reserve rate outlook and mixed earnings served as pushbacks in February.
The specialty materials maker said that this tentative agreement, hashed out with the United Steelworkers leadership, will be presented to the union members for ratification.
While ALTO-100's Phase 2 results failed to meet expectations, the company has emphasized the potential of ALTO-300, another MDD treatment currently in Phase 2b trials.
Under the deal, BC Partners planned to buy up to $150 million of convertible preferred units, a newly-formed Delaware limited liability company and a wholly-owned subsidiary of the company.
The solution uses Nokia’s 5G technology, Verizon’s public 5G network and management solutions. Testing was performed using a hybrid user equipment that switches between commercial 5G and LPx (low probability of intercept) waveforms.
DA Davidson analysts said demand for SoundHound AI’s solutions remains elevated as it expands its business with leading players across the financial, healthcare, energy and other verticals.
Trump’s announcement sent Bitcoin prices skyrocketing past the $90,000 mark again after it fell to $84,000 last week. Adding to the momentum is the first White House crypto summit that is set to be held this Friday.
The real estate investment trust (REIT) would gain 31 in-place properties, comprising 24 stabilized communities and seven recently opened properties still in lease-up.
From a new BEV reveal, a supply deal, delayed quarterly reports, and unexpected leadership shakeups, these auto stocks saw the biggest jump in retail chatter on Stocktwits in the week ended Feb. 28, 2025.
Despite the largest crypto hack in history, retail sentiment on Bitcoin remains steady, with traders more focused on macroeconomic trends and rate cut expectations.
According to TheFly, Stifel lowered its price target on the stock to $27 from $31 while keeping a ‘Buy’ rating on the shares. Roth MKM lowered its price target to $25 from $30 while keeping a ‘Buy’ rating.
According to the latest Stocktwits polls, MARA and RIOT shareholders are adding to their positions after earnings results despite the crypto market slump.
FT said in its report that the transfer was missed by both a payments employee and a second official who was tasked with checking the transaction before approving it to be processed the following business day.
