Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic’s newest AI model Mythos as US officials warn Wall Street that the tool could usher in an era of cyber risk. Plus, Roblox CEO Dave Baszucki explains why the company is introducing new accounts for younger children and teens and how well its age estimation tool is working. And, following the historic Artemis II splashdown, NASA and its partn...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic’s newest AI model Mythos as US officials warn Wall Street that the tool could usher in an era of cyber risk. Plus, Roblox CEO Dave Baszucki explains why the company is introducing new accounts for younger children and teens and how well its age estimation tool is working. And, following the historic Artemis II splashdown, NASA and its partners pick apart what worked and what didn't on its space vehicles. (Source: Bloomberg)
Raízen SA bondholders and bank creditors are asking for a stake of as much as 90% of the company in exchange for 45% of its debt in a restructuring, according to people familiar with the matter. That’s higher than the 70% stake that Raízen has proposed for creditors to receive in a potential debt-to-equity swap, said the people, who asked not to be identified citing private negotiations. As contro...
Raízen SA bondholders and bank creditors are asking for a stake of as much as 90% of the company in exchange for 45% of its debt in a restructuring, according to people familiar with the matter. That’s higher than the 70% stake that Raízen has proposed for creditors to receive in a potential debt-to-equity swap, said the people, who asked not to be identified citing private negotiations. As controllers Shell Plc and Cosan SA resist a push from creditors to inject more money into Raizen, banks including Itau Unibanco Holding SA and Banco Bradesco SA are even threatening to stop lending to other Cosan companies if a more favorable solution for creditors isn’t reached, the people said. Lenders have also been pushing for more of a say in how the Brazilian biofuels giant is managed. Raízen, a joint venture of Cosan and Shell, filed for an out-of-court restructuring in March with a 65 billion-real ($13 billion) debt load. Since then, the company has been negotiating with creditors to strike a restructuring deal and avoid having to file for bankruptcy protection. Read More: Raízen Lenders to Demand Management Changes in Counteroffer Cosan, which also owns railway, natural gas and lubricant businesses, ended December with net debt of 9.7 billion reais. That was 46% lower than the previous quarter, since the company received a 4.5 billion-real capital injection late in 2025 from investors including BTG Pactual Holding, an investment vehicle for partners at the bank. While Rubens Ometto , the founder of Cosan, retains control of the voting rights through a 50.01% stake via Aguassanta, BTG’s partners became the largest economic shareholders after the deal, with almost 25%. During the meetings with creditors, controlling shareholders have resisted a push from debtholders to commit to inject even more money into Raízen, people said last week. Raízen has been hammered by high interest rates, large investments that have yet to pay off and operational hurdles in its sugar and ethan...
The AI-Native Tool Built By Veterans from Meta, Microsoft, Google, and Webcor Has Garnered Funding From Investors Navitas Capital, Penny Jar Capital, NextView Ventures, GS Futures, Aglaé Ventures and Angel Investor Dr. Yann LeCunSAN MATEO, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Primepoint has closed a $10M seed round to advance its proprietary AI platform, co-founded by AI-veterans Lubomir Bou...
The AI-Native Tool Built By Veterans from Meta, Microsoft, Google, and Webcor Has Garnered Funding From Investors Navitas Capital, Penny Jar Capital, NextView Ventures, GS Futures, Aglaé Ventures and Angel Investor Dr. Yann LeCunSAN MATEO, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Primepoint has closed a $10M seed round to advance its proprietary AI platform, co-founded by AI-veterans Lubomir Bourdev, PhD, and Hamid Palo, to understand construction drawings, reading linework, tags, and cross-do
Key PointsExpected increased capital spending and the implementation of artificial intelligence (AI) are structural tailwinds for healthcare stocks today.
Key PointsExpected increased capital spending and the implementation of artificial intelligence (AI) are structural tailwinds for healthcare stocks today.
Grab (NASDAQ:GRAB) , the company behind a super-app for ride-sharing, food delivery, and financial services in Southeast Asia, closed Monday at $3.73, up 1.36%. The stock added to last week’s gains following the launch of new AI products aimed at consumers, businesses, and drivers. Trading volume reached 63.4 million shares, coming in more than 26% above its three-month average of 50.2 million sha...
Grab (NASDAQ:GRAB) , the company behind a super-app for ride-sharing, food delivery, and financial services in Southeast Asia, closed Monday at $3.73, up 1.36%. The stock added to last week’s gains following the launch of new AI products aimed at consumers, businesses, and drivers. Trading volume reached 63.4 million shares, coming in more than 26% above its three-month average of 50.2 million shares. Grab IPO'd in 2020 and has fallen 69% since going public. Continue reading
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world's oil and gas passes on March 1, 2026. Sahar Al Attar | Afp | Getty Images President Donald Trump on Monday rolled out a "blockade" of access to Iranian ports in the Persian Gulf to great fanfare, announcing his intenti...
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world's oil and gas passes on March 1, 2026. Sahar Al Attar | Afp | Getty Images President Donald Trump on Monday rolled out a "blockade" of access to Iranian ports in the Persian Gulf to great fanfare, announcing his intentions on social media and then proclaiming it in motion at his appointed deadline. But what exactly does choking access to the region's oil exports via the Strait of Hormuz mean and what does Trump want to accomplish? A former Biden-era Pentagon official said the U.S. is trying to turn the tables on Iran, which has blockaded the strait for weeks during the U.S.-Israeli war with the country, creating a bottleneck that roiled global markets and strained the economy. Experts say the goal of the blockade is to convince Iran's leaders to back down and acquiesce to U.S. demands to end the war and restore freedom of navigation to the strait. "The administration seems to be pursuing what is called a close blockade, which is an attempt to prevent ships from going into those ports or leaving those ports," said Michael Horowitz, senior fellow for technology and innovation at the Council on Foreign Relations and a former deputy assistant secretary of Defense. "The theory behind a close blockade of Iran's ports is to make it impossible for Iran to financially benefit from oil sales via shipping in the strait while it is restricting others from doing so." Iran is a top-10 petrostate , accounting for about 4% of the world's oil production — most of which is sold to China. Shutting down the ability of Iran to export its oil could cause a significant drain on the country's economy. Trump announced on Sunday that he would blockade the strait, a significant escalation after a two-week ceasefire and reports that Iran was planning to toll ships seeking passage through the waterway. U.S. Central C...