The big layoffs tied to artificial intelligence by Block , along with the company's user improvements using the technology, will power the stock to even greater heights, according to Citi. The bank, which has buy rating on the fintech name, raised its price target to $100 from $85. That implies 43% upside from Thursday's close. "XYZ is effectively leveraging AI (Goose, Builderbot) internally, and ...
The big layoffs tied to artificial intelligence by Block , along with the company's user improvements using the technology, will power the stock to even greater heights, according to Citi. The bank, which has buy rating on the fintech name, raised its price target to $100 from $85. That implies 43% upside from Thursday's close. "XYZ is effectively leveraging AI (Goose, Builderbot) internally, and AI-based solutions like Moneybot and Managerbot," analyst Bryan Keane wrote. Moneybot is an AI tool to manage and track spending. Managerbot aims to help owners manage their businesses. This should "help to drive even further end user engagement helping to sustain mid-to-high teens [gross product] growth and rapidly expanding margins." Block shares have rallied 33% over the past three months as the company increasingly adopts AI. That rally gained steam in late February, when Block CEO Jack Dorsey announced the firm was laying off as much as 24% of its staff as part of its efforts to automate its workforce with AI. XYZ 3M mountain Shares are up 33% over the past three months. Block should continue to benefit financially from its AI initiatives, adding to "multiple drivers [that are] all working concurrently to sustain and extend Cash App [gross product] growth" and efforts to increase the business' scale, per Citi. The emerging technology powers Goose, or the company's open-source AI agent framework designed to connect large language models to software engineering tasks. It also is used in Builderbot, an internal agentic AI tool at Block that can write, review and deploy code. Citi's call falls in line with consensus on Wall Street. Of the 45 analysts covering Block, 37 have a buy or strong buy on the stock.
World relay gold medallist bailed until 28 May court hearing Police alleged suspects part of an organised crime group The British sprinter CJ Ujah, who won 4x100m relay gold at the 2017 world championships , is one of 10 suspects charged with conspiracy to defraud as part of a police investigation into cryptocurrency fraud. It is alleged that the suspects were part of an organised crime group link...
World relay gold medallist bailed until 28 May court hearing Police alleged suspects part of an organised crime group The British sprinter CJ Ujah, who won 4x100m relay gold at the 2017 world championships , is one of 10 suspects charged with conspiracy to defraud as part of a police investigation into cryptocurrency fraud. It is alleged that the suspects were part of an organised crime group linked to a scam involving phone calls to multiple victims, from people purporting to be police officers and cryptocurrency companies. Continue reading...
An Avride autonomous vehicle at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images The National Highway Traffic Safety Administration said Friday it is opening an investigation into a series of crashes involving startup Avride's autonomous vehicles that raised questions about their perform...
An Avride autonomous vehicle at the Nvidia booth during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Kent Nishimura | Bloomberg | Getty Images The National Highway Traffic Safety Administration said Friday it is opening an investigation into a series of crashes involving startup Avride's autonomous vehicles that raised questions about their performance. NHTSA said the vehicles' behavior may indicate excessive assertiveness and insufficient capability, which "may also constitute traffic safety violations." Some of the crashes resulted in property damage and one reported minor injury. NHTSA said the vehicles had executed lane changes into other vehicles and failed to avoid vehicles or objects in the road, resulting in crashes. NHTSA noted that Avride operates some of its AVs on Uber's platform and has offered passenger services in Dallas since December, where many of the incidents occurred. NHTSA cited 16 crashes of concern. Avride said it welcomes "the opportunity to provide the agency with a deeper understanding of our safety protocols and technology." It added that in all cases "the vehicle was under the supervision of a trained safety operator on board. In most cases, the vehicle was traveling at low speeds and many of the events were precipitated by the actions of other road users." The company said it has "implemented targeted technical and operational mitigations to address our findings from each reported incidents." Avride, which uses Hyundai's Ioniq 5 platform, said last month it has a fleet of 200 vehicles and is adding dozens more each month. NHTSA has opened several investigations into self-driving cars and advanced driver assistance systems in recent years. The agency said a preliminary review of crash videos showed instances of vehicles changing lanes into the path of others, failing to slow or stop for traffic ahead, and striking stationary objects partially blocking lanes. The investigation will assess ...
aprott Neurostimulation device company Mobia Medical ( MOBI ) priced its initial public offering at the midpoint of the range ahead of its trading debut on Friday, raising roughly $150M in gross proceeds. The company, formerly known as MicroTransponder, priced the offering of 10M shares at $15.00 each at the midpoint of the initial pricing range of $14 and $16 per share. Underwriters have received...
aprott Neurostimulation device company Mobia Medical ( MOBI ) priced its initial public offering at the midpoint of the range ahead of its trading debut on Friday, raising roughly $150M in gross proceeds. The company, formerly known as MicroTransponder, priced the offering of 10M shares at $15.00 each at the midpoint of the initial pricing range of $14 and $16 per share. Underwriters have received a 30-day option to purchase ~1.5M additional shares at the IPO price, less underwriting discounts and commissions. The offering is expected to close on Monday. Mobia ( MOBI ), which markets the neurostimulation device, Vivistim Paired Vagus Nerve Stimulation System, has recorded operating losses and negative operating cash flows since its inception in 2007. The Austin, Texas-based firm intends to use the net proceeds from the offering to expand its direct sales force, boost its R&D activities, and fund other operational activities. More on Mobia Medical, Inc. Mobia Medical Moves Forward On Its IPO Plan Financial information for Mobia Medical, Inc.
As state leaders change laws to make vaccines more accessible, a coalition of doctors, public health advocates and everyday Coloradans is trying to start a public conversation about their importance. (Image credit: Kevin J. Beaty)
As state leaders change laws to make vaccines more accessible, a coalition of doctors, public health advocates and everyday Coloradans is trying to start a public conversation about their importance. (Image credit: Kevin J. Beaty)
Oracle Corporation (NYSE:ORCL) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. A caller asked whether Cramer sees the stock returning to its all-time high. He replied: Okay, I think that last quarter was very good, and people were betting against Oracle. I think that’s a […]
Oracle Corporation (NYSE:ORCL) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. A caller asked whether Cramer sees the stock returning to its all-time high. He replied: Okay, I think that last quarter was very good, and people were betting against Oracle. I think that’s a […]
Alphabet Inc. (NASDAQ:GOOGL) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer mentioned the company during the episode and said: What else? You need to have a cloud infrastructure to run the models. Think Google Cloud, Microsoft’s Azure, Amazon Web Services. You also got that […]
Alphabet Inc. (NASDAQ:GOOGL) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer mentioned the company during the episode and said: What else? You need to have a cloud infrastructure to run the models. Think Google Cloud, Microsoft’s Azure, Amazon Web Services. You also got that […]
Caterpillar Inc. (NYSE:CAT) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. It was one of the stocks that Cramer mentioned during the episode, and he said: You need backup power. That’s Caterpillar and Cummins and Generac. As for the actual builders, CoreWeave, Oracle, they’re the […]
Caterpillar Inc. (NYSE:CAT) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. It was one of the stocks that Cramer mentioned during the episode, and he said: You need backup power. That’s Caterpillar and Cummins and Generac. As for the actual builders, CoreWeave, Oracle, they’re the […]
Intel Corporation (NASDAQ:INTC) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer highlighted the shortage in the company’s products, as he stated: And then there are the new agents that do things that are powered by CPUs from AMD, Arm Holdings, Intel. Hence why the […]
Intel Corporation (NASDAQ:INTC) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer highlighted the shortage in the company’s products, as he stated: And then there are the new agents that do things that are powered by CPUs from AMD, Arm Holdings, Intel. Hence why the […]
Amazon.com, Inc. (NASDAQ:AMZN) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer expects huge returns on the company’s data center investments, as he remarked: Data centers are about to give the believers extraordinary returns. I mean, unbelievable returns. The money’s worth it. We just can’t […]
Amazon.com, Inc. (NASDAQ:AMZN) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer expects huge returns on the company’s data center investments, as he remarked: Data centers are about to give the believers extraordinary returns. I mean, unbelievable returns. The money’s worth it. We just can’t […]
NVIDIA Corporation (NASDAQ:NVDA) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer noted that the company provides chips that are necessary for data centers and said: You need the chips, too. That means NVIDIA, of course, which started it all, remains the largest company on […]
NVIDIA Corporation (NASDAQ:NVDA) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer noted that the company provides chips that are necessary for data centers and said: You need the chips, too. That means NVIDIA, of course, which started it all, remains the largest company on […]