Uber Autonomous Solutions will see the company selling both software and services for all the tasks associated with operating a robotaxi, self-driving truck, or sidewalk delivery robot business.
Uber Autonomous Solutions will see the company selling both software and services for all the tasks associated with operating a robotaxi, self-driving truck, or sidewalk delivery robot business.
'Bloomberg This Weekend' is a new show bringing you unique conversations on business, news, lifestyle and culture. Join hosts David Gura, Christina Ruffini and Lisa Mateo for discussions with business leaders, lawmakers and cultural icons. Watch the show live on Bloomberg Television. Listen to the show live on Bloomberg Radio. 'Bloomberg This Weekend' is live from 7AM-10AM Eastern Time on Saturday...
'Bloomberg This Weekend' is a new show bringing you unique conversations on business, news, lifestyle and culture. Join hosts David Gura, Christina Ruffini and Lisa Mateo for discussions with business leaders, lawmakers and cultural icons. Watch the show live on Bloomberg Television. Listen to the show live on Bloomberg Radio. 'Bloomberg This Weekend' is live from 7AM-10AM Eastern Time on Saturday and Sunday. The podcast brings together the best conversations from the show. (Source: Bloomberg)
President Trump last week said that the US will release files related to aliens and UFOs. On "Bloomberg ETF IQ", Cinthia Murphy from at TMX VettaFi discusses "UFO" ETFs that we know exist. (Source: Bloomberg)
President Trump last week said that the US will release files related to aliens and UFOs. On "Bloomberg ETF IQ", Cinthia Murphy from at TMX VettaFi discusses "UFO" ETFs that we know exist. (Source: Bloomberg)
In this article IBM Follow your favorite stocks CREATE FREE ACCOUNT International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images International Business Machines stock is getting slammed, becoming the latest victim of rapidly developing AI technology, after Anthropic's Claude...
In this article IBM Follow your favorite stocks CREATE FREE ACCOUNT International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images International Business Machines stock is getting slammed, becoming the latest victim of rapidly developing AI technology, after Anthropic's Claude announced COBOL capabilities. Shares of IBM fell 11% in Monday afternoon trading after Anthropic outlined a new use case for its Claude Code product: automating the exploration and analysis work that drives most of the complexity in COBOL modernization. COBOL, short for Common Business-Oriented Language, is a decades-old programming language used widely in business data processing, which is a core business area for IBM. COBOL continues to power systems responsible for large volumes of transactions, including payment processing and retail transaction systems, making it a prime target for cost-efficient AI disruption. In a Monday blog post, Anthropic wrote that COBOL handles an estimated 95% of ATM transactions in the U.S., for example. "Hundreds of billions of lines of COBOL run in production every day, powering critical systems in finance, airlines, and government. Despite that, the number of people who understand it shrinks every year," the Anthropic blog post reads. "Legacy code modernization stalled for years because understanding legacy code cost more than rewriting it. AI flips that equation," the post continued. It then explained that Claude Code can help modernize COBOL codebases by mapping dependencies across thousands of lines of code, documenting workflows and identifying risks that "would take human analysts months to surface." IBM is the latest stock to fall on AI fears, which have rattled investors in recent weeks and contributed to a volatile "sell first and ask questions later" trading environment. On Friday, a slew of cybersecurity companies tumbled after A...
frantic00/iStock via Getty Images Investment Overview Vanda Pharmaceuticals Inc. ( VNDA ) stock is soaring today , in reaction to the company's after-hours announcement last Friday that : that the U.S. Food and Drug Administration (FDA) has approved BYSANTI™ (milsaperidone) tablets, a first line therapy for the acute treatment of manic or mixed episodes associated with bipolar I disorder and for t...
frantic00/iStock via Getty Images Investment Overview Vanda Pharmaceuticals Inc. ( VNDA ) stock is soaring today , in reaction to the company's after-hours announcement last Friday that : that the U.S. Food and Drug Administration (FDA) has approved BYSANTI™ (milsaperidone) tablets, a first line therapy for the acute treatment of manic or mixed episodes associated with bipolar I disorder and for the treatment of schizophrenia in adults. The press release continues: BYSANTI™ is a new chemical entity (NCE) that belongs in the class of atypical antipsychotics. In clinical studies BYSANTI™ demonstrated bioequivalence to iloperidone across the therapeutic dosing spectrum enabling it to leverage well-established knowledge of efficacy and safety derived from a rich clinical development program and more than 100,000 patient-years of real-world experience with Fanapt® (iloperidone). As such BYSANTI™ represents a novel therapeutic option with a trusted safety profile in the treatment of these serious psychiatric conditions. BYSANTI will therefore become the fifth commercial product that Vanda markets and sells, the other four being (source: Vanda 2025 10-K submission ): Fanapt for the acute treatment of manic or mixed episodes associated with bipolar I disorder and the treatment of schizophrenia (approved 2009); HETLIOZ® for the treatment of Non-24-Hour Sleep-Wake Disorder (Non-24) and for the treatment of night-time sleep disturbances in Smith-Magenis syndrome (SMS) (approved 2014); PONVORY® for the treatment of relapsing forms of multiple sclerosis (RMS) including clinically isolated syndrome, relapsing-remitting disease and active secondary progressive disease (approved 2021); NEREUS for the prevention of vomiting induced by motion (collectively, our commercial products) (approved 2025). Analysis: Is Bysanti Sufficiently Different From Fanapt? Vanda reported its full-year 2025 earnings on February 14th. Fanapt revenues came to $117.3m, up 24% year-on-year; Hetlioz revenues...
Lam Research Corporation (NASDAQ:LRCX) is one of Goldman Sachs’s top growth stock picks. On February 17, Lam Research Corporation (NASDAQ:LRCX) opened a new office in Boise, Idaho. The new facility spans 9,200 sq. ft. and will initially accommodate about 150 employees from the greater Boise area. Neil Fernandes, Lam Research’s senior vice president of Global […]
Lam Research Corporation (NASDAQ:LRCX) is one of Goldman Sachs’s top growth stock picks. On February 17, Lam Research Corporation (NASDAQ:LRCX) opened a new office in Boise, Idaho. The new facility spans 9,200 sq. ft. and will initially accommodate about 150 employees from the greater Boise area. Neil Fernandes, Lam Research’s senior vice president of Global […]
Meta Platforms, Inc. (NASDAQ:META) is one of Goldman Sachs’s top growth stock picks. On February 12, the board of directors of Meta Platforms, Inc. (NASDAQ:META) declared a quarterly cash dividend of $0.525 per share for both Class A and Class B common stock. The dividend will be payable on March 26, 2026, to shareholders of […]
Meta Platforms, Inc. (NASDAQ:META) is one of Goldman Sachs’s top growth stock picks. On February 12, the board of directors of Meta Platforms, Inc. (NASDAQ:META) declared a quarterly cash dividend of $0.525 per share for both Class A and Class B common stock. The dividend will be payable on March 26, 2026, to shareholders of […]
Smoke billows from burning vehicles amid a wave of violence, with torched vehicles and gunmen blocking highways in more than half a dozen states, following a military operation in which a government source said Mexican drug lord Nemesio Oseguera, known as "El Mencho," was killed, in Puerto Vallarta, Jalisco, Mexico, February 22, 2026, in this screen grab obtained from a social media video. Stringe...
Smoke billows from burning vehicles amid a wave of violence, with torched vehicles and gunmen blocking highways in more than half a dozen states, following a military operation in which a government source said Mexican drug lord Nemesio Oseguera, known as "El Mencho," was killed, in Puerto Vallarta, Jalisco, Mexico, February 22, 2026, in this screen grab obtained from a social media video. Stringer | Reuters Trade between the United States and Mexico could be hurt dramatically if the flare-ups of violence across Mexico continue in response to the killing of a cartel boss, warn logistics companies that are worried about freight operations for routes involving the key U.S. trade partner and at the border. The head of the Jalisco New Generation Cartel, Nemesio "El Mencho" Oseguera Cervantes, was killed along with other cartel members in a Mexican military operation aided by U.S. intelligence over the weekend. This led to outbreaks of violence and attacks on public infrastructure on Sunday and Monday by cartel factions. Mexico is among the top trading partners of the U.S. and impacts on air and trucking routes are beginning to be reported by freight companies. The cancellation of flights to Mexico by major U.S. passenger airlines will also have a significant impact on the movement of freight. That is because approximately 50 percent of air freight, by weight, is moved by passenger aircraft. American Airlines canceled flight s Sunday to and from Guadalajara, Mazatlán and Puerto Vallarta. Southwest Airlines also canceled flights , along with Delta , which also diverted flights . United Airlines and Air Canada also canceled flights to the region. A spokesperson for cross-border logistics firm Kuehne + Nagel said with airports in Guadalajara affected, numerous flight cancellations also include freighter operations into and out of the airport. "The situation is impacting our ability to deliver and pick up cargo," said the spokesperson. "So far, we have not observed any issue...
Millions of people in New York City and a large swath of the north-eastern US were stuck at home on Monday as heavy snow and strong winds intensified, creating whiteout conditions in the densely populated region. More than 5,000 flights in and out of the US were cancelled, according to the flight tracking website FlightAware Continue reading...
Millions of people in New York City and a large swath of the north-eastern US were stuck at home on Monday as heavy snow and strong winds intensified, creating whiteout conditions in the densely populated region. More than 5,000 flights in and out of the US were cancelled, according to the flight tracking website FlightAware Continue reading...
On "Bloomberg ETF IQ", Chris Davis, chairman of Davis Advisors and portfolio manager of the Davis Select US Equity ETF (ticker: DUSA) and Davis Select Financial ETF (ticker: DFNL), joins Scarlet Fu and Eric Balchunas. They discuss international exposure, value investing, growth of active ETFs and Berkshire Hathaway. (Source: Bloomberg)
On "Bloomberg ETF IQ", Chris Davis, chairman of Davis Advisors and portfolio manager of the Davis Select US Equity ETF (ticker: DUSA) and Davis Select Financial ETF (ticker: DFNL), joins Scarlet Fu and Eric Balchunas. They discuss international exposure, value investing, growth of active ETFs and Berkshire Hathaway. (Source: Bloomberg)
Broadcom Inc. (NASDAQ:AVGO) is one of Goldman Sachs’s top growth stock picks. On February 17, Cathie Wood’s ARK ETF disclosed that it acquired 24,205 shares of Broadcom Inc. (NASDAQ:AVGO), valued at about $7.87 million. This was after the fund divested $13.7 million worth of Teradyne Inc. (NASDAQ:TER) stock. Separately, on February 10, UBS analyst Timothy […]
Broadcom Inc. (NASDAQ:AVGO) is one of Goldman Sachs’s top growth stock picks. On February 17, Cathie Wood’s ARK ETF disclosed that it acquired 24,205 shares of Broadcom Inc. (NASDAQ:AVGO), valued at about $7.87 million. This was after the fund divested $13.7 million worth of Teradyne Inc. (NASDAQ:TER) stock. Separately, on February 10, UBS analyst Timothy […]