Ramp, the rapidly growing expense management company valued at $7.65 billion, has recently announced its foray into the realm of business travel through a strategic partnership with Booking Holdings’ Priceline. This innovative product, named Ramp Travel, leverages the power of artificial intelligence and automation to revolutionize the process of booking and managing expenses related to
Innovation
Nvidia, a company at the forefront of generative artificial intelligence, saw its shares surge by 5% to $1,224.40 on Wednesday, reaching a remarkable milestone of a market cap above $3 trillion for the first time. This achievement comes as investors eagerly seek to invest in a company that has been driving the boom in AI
Nvidia made headlines on Wednesday when it briefly surpassed Apple in market cap during intraday trading. This milestone comes as the chipmaker solidifies its position as the primary beneficiary of the artificial intelligence boom. With a market cap of $3.007 trillion, Nvidia is now on track to become the second most valuable U.S. company, overtaking
Scorpion Capital’s recent investigative report on Lasertec Corp (TYO:6920) has sent shockwaves through the investing world. The report boldly accuses Lasertec of engaging in fraudulent activities to inflate revenue, margins, and earnings. According to Scorpion Capital, Lasertec’s accounting practices represent one of the largest corporate frauds in Japanese history, with a market cap of $23
Cisco’s ThousandEyes internet monitoring unit recently introduced cutting-edge artificial intelligence-powered capabilities designed to significantly enhance the prediction and diagnosis of internet outages and disruptions. The latest AI technology, known as Digital Experience Assurance (DXA), equips customers utilizing Cisco’s networking technology with the ability to proactively address network quality issues automatically. This marks a significant shift
Monzo, a prominent British digital challenger bank, recently made headlines by announcing its first full year of profitability. According to the fintech startup’s annual financial report, it recorded pre-tax profits of £15.4 million ($19.6 million) in the 2023-2024 fiscal year. This achievement marked a significant turnaround from the previous year, where Monzo suffered a loss
Dutch digital bank Bunq has set its sights on obtaining a banking license from UK financial regulators, with hopes of achieving this milestone by the end of the year or early next year. CEO and founder Ali Niknam expressed optimism about the process, acknowledging the differences in regulatory requirements between the UK and other European
Pegasus Airlines, a budget carrier based in Turkey, is gearing up for its next phase of growth by placing a significant order for 36 Airbus A321neo planes. This move comes on the heels of a strong recovery in travel demand post-pandemic. The airline has shown resilience and forward-thinking in its strategic decision-making, with total orders
Amidst the changing landscape of the global box office, Sony/Alcon’s The Garfield Movie has risen to the top, dominating the domestic, international, and global charts. With an impressive offshore session in 60 markets bringing in $27.1M, the film has reached a worldwide total of $152.2M. The film’s success in China, where it opened to $8.2M,
The recent market activity has taken a toll on Salesforce, with shares plummeting over 14% after missing first-quarter revenue estimates. The company did manage to surpass adjusted earnings expectations, but its current-quarter guidance fell short on both top and bottom lines. This drop signifies the importance of meeting revenue projections in maintaining investor confidence. UiPath
Cathie Wood’s ARK Invest has recently made headlines with its decision to invest in Elon Musk’s startup xAI as part of its deepening focus on artificial intelligence. This move showcases the fund’s commitment to staying at the forefront of technological innovation and supporting ambitious ventures in the AI space. By taking a stake in xAI,
American Airlines recently announced a significant cut to its sales outlook, indicating a challenging road ahead for the company. The airline giant now expects unit revenues to plummet by as much as 6% in the second quarter compared to the previous year, a stark contrast from the initial forecast of a decline of no more
Semler Scientific, a relatively unknown medical technology company, made headlines recently as its shares experienced a significant surge in value. This sudden increase came after the company announced its decision to embrace bitcoin as its primary treasury reserve asset, following in the footsteps of industry giant MicroStrategy. Despite focusing on products related to the detection
Porsche, known for its iconic sports cars, has once again raised the bar with the introduction of the 2025 911 Carrera GTS hybrid. Priced at $164,900, this production hybrid version of the beloved 911 marks a significant milestone for the German automaker. As the automotive industry continues to shift towards electrification and stricter fuel economy