alexsl Zoom Communications ( ZM ) Chief Operating Officer Aparna Bawa is set to resign next month, a company filing said on Thursday. Bawa notified the company on March 30, and she will step down effective as of May 8. Her decision was not the result of any disagreement with the company, Zoom added. More on Zoom Communications Zoom: Undervalued And Underestimated - Even Without The Anthropic Stake...
alexsl Zoom Communications ( ZM ) Chief Operating Officer Aparna Bawa is set to resign next month, a company filing said on Thursday. Bawa notified the company on March 30, and she will step down effective as of May 8. Her decision was not the result of any disagreement with the company, Zoom added. More on Zoom Communications Zoom: Undervalued And Underestimated - Even Without The Anthropic Stake Zoom: 35% Net Cash Plus $4 Billion Stake In Anthropic Zoom Communications, Inc. (ZM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Zoom, Freshworks among companies that may see 'meaningful' growth via buybacks, Needham says Zoom showing 'impressive progress' putting AI into products and monetizing it: BNP
Trump Admin Revamps Steel, Aluminum, Copper Tariffs; Imposes 100% Duties On Patented Drugs The Trump administration on Thursday announced a pair of tariff actions under national-security authority, maintaining core 50% duties on many imported steel, aluminum and copper products while overhauling the rules to exempt goods containing negligible amounts of those metals and imposing 100% tariffs on im...
Trump Admin Revamps Steel, Aluminum, Copper Tariffs; Imposes 100% Duties On Patented Drugs The Trump administration on Thursday announced a pair of tariff actions under national-security authority, maintaining core 50% duties on many imported steel, aluminum and copper products while overhauling the rules to exempt goods containing negligible amounts of those metals and imposing 100% tariffs on imported patented pharmaceuticals that do not meet new domestic production or pricing conditions. President Donald Trump pauses as he finishes speaking about the Iran war from the Cross Hall of the White House in Washington on April 1, 2026. Alex Brandon-Pool/Getty Images The pharmaceutical measure targets branded drugs and active ingredients brought in by companies that have neither struck “most-favored-nation” pricing deals with the U.S. government nor committed to manufacturing in the United States. Exemptions will be honored for firms that reach such agreements or are already building or expanding U.S. plants . The policy gives large drugmakers 120 days and smaller ones 180 days to comply. Generics and certain trade-agreement partners are largely unaffected. Exceptions were also granted, lowering tariffs to 15 percent - for the European Union, Switzerland, Japan, and South Korea, and a 10 percent levy for the United Kingdom. Reduced rates reflect prior commitments with trading partners, according to a senior administration official. The UK was awarded a lower tariff “because they were the first ones who did this deal, and they committed to raise their prices for pharmaceuticals , and they have actually done so,” the official told reporters during a background call on April 2. Trump negotiated deals with 13 pharmaceutical companies over the past year, securing $400 billion in domestic manufacturing investments, the Epoch Times reports. In tandem, the White House released updated fact sheets detailing changes to Section 232 tariffs on steel, aluminum and copper and their de...
Applied Optoelectronics ( AAOI ) on Thursday said that it has received a new $71 million order for 800G single-mode data center transceivers from a major hyperscale customer. The latest order brings total orders from the customer since mid-March to $124 million and is expected to more than double the company’s existing backlog from that client. The company said it expects to begin deliveries in th...
Applied Optoelectronics ( AAOI ) on Thursday said that it has received a new $71 million order for 800G single-mode data center transceivers from a major hyperscale customer. The latest order brings total orders from the customer since mid-March to $124 million and is expected to more than double the company’s existing backlog from that client. The company said it expects to begin deliveries in the second quarter, complete the initial order in the third quarter, and fulfill the new order by year-end. It also recently shipped 10,000 units of 800G transceivers to another hyperscale data center customer. AAOI +2.82% after hours to $106.8. Source: Press Release More on Applied Optoelectronics Why I'm Buying Applied Optoelectronics, Despite Its Dark History Applied Optoelectronics: The Future For Light Is Bright I Was Early On Applied Optoelectronics, Here's What's Next Memory, storage and optical stock declines drag down chip sector Optical, networking stocks surge after Applied Optoelectronics reveals hyperscaler order
georgeclerk/E+ via Getty Images TFS Financial ( TFSL ) on Thursday said CFO Meredith Weil is set to retire, effective January 2027. James LaRocca, who will join the company as vice president on June 29, 2026, is anticipated to succeed Weil as CFO upon her retirement. Most recently, LaRocca held the post of executive vice president and CFO at Westfield Bank in Westfield Center, Ohio. More on TFS Fi...
georgeclerk/E+ via Getty Images TFS Financial ( TFSL ) on Thursday said CFO Meredith Weil is set to retire, effective January 2027. James LaRocca, who will join the company as vice president on June 29, 2026, is anticipated to succeed Weil as CFO upon her retirement. Most recently, LaRocca held the post of executive vice president and CFO at Westfield Bank in Westfield Center, Ohio. More on TFS Financial Seeking Alpha’s Quant Rating on TFS Financial Historical earnings data for TFS Financial Dividend scorecard for TFS Financial Financial information for TFS Financial
OpenAI’s chief of strategy says acquisition of show will help company engage with public about AI as it evolves OpenAI is wading into the media business by acquiring TBPN, a technology-focused talkshow closely watched by Silicon Valley insiders, its hosts said on Wednesday. Co-hosts John Coogan and Jordi Hays broadcast TBPN live for three hours every weekday from Los Angeles, lining up guests that...
OpenAI’s chief of strategy says acquisition of show will help company engage with public about AI as it evolves OpenAI is wading into the media business by acquiring TBPN, a technology-focused talkshow closely watched by Silicon Valley insiders, its hosts said on Wednesday. Co-hosts John Coogan and Jordi Hays broadcast TBPN live for three hours every weekday from Los Angeles, lining up guests that include founders, venture capitalists and major figures in the technology world. Continue reading...
GummyBone/iStock Editorial via Getty Images SpaceX ( SPACE ) raised its target valuation for an initial public offering to more than $2 trillion. Elon Musk’s rocket, satellite, and AI company and its advisers are floating the figure to possible investors in its IPO, according to a Bloomberg report on Thursday, which cited people familiar with the matter. The new figure eclipses the $1.25 trillion ...
GummyBone/iStock Editorial via Getty Images SpaceX ( SPACE ) raised its target valuation for an initial public offering to more than $2 trillion. Elon Musk’s rocket, satellite, and AI company and its advisers are floating the figure to possible investors in its IPO, according to a Bloomberg report on Thursday, which cited people familiar with the matter. The new figure eclipses the $1.25 trillion the company was valued at with its purchase of Musk's xAI in February. SpaceX didn’t immediately respond to a Bloomberg request for comment. On Wednesday it was reported that SpaceX ( SPACE ) filed confidentially for an IPO that could happen in June. SpaceX could look for a valuation of more than $1.75 trillion , Bloomberg has previously reported. An IPO for SpaceX would raise as much as $75 billion. More on SpaceX SpaceX IPO: What I Learned From ULA's Heydays SpaceX-xAI Deal: Building America's New Icon SpaceX IPO's $700 Billion Valuation Increase Benchmarked By Rocket Lab SpaceX has had talks with Saudi fund for potential $5B investment in IPO - report SpaceX is said to plan analyst day, data center tour amid IPO preparations
US investment-grade bond funds suffered the largest weekly outflows in about a year as rising macro-economic risk led to significant losses for the asset class. Investors yanked $5.35 billion of debt from high-grade corporate funds for the week ended April 1, the largest since mid-April 2025 when Trump announced tariffs, and the first net withdrawals since November, LSEG Lipper data show. That fol...
US investment-grade bond funds suffered the largest weekly outflows in about a year as rising macro-economic risk led to significant losses for the asset class. Investors yanked $5.35 billion of debt from high-grade corporate funds for the week ended April 1, the largest since mid-April 2025 when Trump announced tariffs, and the first net withdrawals since November, LSEG Lipper data show. That follows the steepest monthly loss for the debt in March since October 2024, and the first quarterly decline since the last quarter of 2024, Bloomberg-compiled data show. The Middle East war has disrupted oil supplies, driving prices up by more than 50%. The surge is fueling expectations that higher gasoline prices will spur inflation, and keep the Federal Reserve from cutting interest rates — weighing on the bond market . Riskier US leveraged loan funds have now logged outflows in five of the last six weeks. Junk-bond funds extended withdrawals to an eighth-consecutive week.
Girts Ragelis/iStock Editorial via Getty Images Sony Interactive Entertainment, a wholly owned subsidiary of Sony Group ( SONY ), has agreed to acquire Cinemersive Labs, a UK-based machine learning and computer vision company. Following the acquisition, Cinemersive Labs will be integrated into Sony Interactive Entertainment’s Visual Computing Group and tasked with applying machine learning to enha...
Girts Ragelis/iStock Editorial via Getty Images Sony Interactive Entertainment, a wholly owned subsidiary of Sony Group ( SONY ), has agreed to acquire Cinemersive Labs, a UK-based machine learning and computer vision company. Following the acquisition, Cinemersive Labs will be integrated into Sony Interactive Entertainment’s Visual Computing Group and tasked with applying machine learning to enhance gameplay visuals and improve rendering techniques for Sony’s PlayStation video games. Terms of the acquisition were not disclosed. More on Sony Sony Group: A Wide Moat Compounder At A 15x P/E Gift (Rating Upgrade) Sony Group Corporation (SONY) Q3 2026 Earnings Call Transcript Sony Group Corporation 2026 Q3 - Results - Earnings Call Presentation TCL takes controlling stake in Sony's home entertainment business under new JV Sony jacks up PlayStation 5 prices to offset high memory chip costs
Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced the appointment of Amie Thuener as Chief Financial Officer of Broadcom, effective June 12, 2026. This appointment follows the retirement of Kirsten M. Spears as Chief Financial Officer, who will continue in her role until that time and wi...
Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced the appointment of Amie Thuener as Chief Financial Officer of Broadcom, effective June 12, 2026. This appointment follows the retirement of Kirsten M. Spears as Chief Financial Officer, who will continue in her role until that time and will serve as an advisor for nine months to ensure a smooth transition.
CASTLE ROCK, Colo., April 02, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications, announces unaudited production and operations updates for the first quarter of 2026. Bitcoin Production and Operations Updates for Q1 2026
CASTLE ROCK, Colo., April 02, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications, announces unaudited production and operations updates for the first quarter of 2026. Bitcoin Production and Operations Updates for Q1 2026