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Jonathan Raa | Nurphoto | Getty ImagesShares of C3 AI sank 17% on Thursday, trading at a record low, after the company reported disappointing third-quarter fiscal results and announced cuts to over a quarter of its workforce.The enterprise artificial intelligence company with the ticker AI reported $53 million in third-quarter revenue, far below LSEG estimates of $76 million.The company reported a loss of 40 cents per share, while analysts expected a loss of 29 cents per share. “What I consistently hear is that every CEO is making AI a top strategic priority, and they want to realize measurable economic value from it. That is exactly what our products deliver,” CEO Stephen Ehikian said on the company’s earnings call. “That said, it became clear to me that our cost…
Orchard Place, a Des Moines nonprofit focused on children’s mental health, has announced its first Rooted in Resilience Mental Health Awareness Luncheon, will be held May 7, at the Des Moines Heritage Center. “Throughout the luncheon, guests will hear real stories of resilience … that are powerful examples of how timely, compassionate care can transform and even save lives,” Katie Snell, vice president of the Orchard Place Foundation, said in a statement. “Strong partnerships create powerful change, and your support could help thousands of children and families receive critical life-saving resources.” For more information or to purchase tickets, click visit…
MP Materials 10X Magnet Manufacturing Facility, Northlake TX.Source: MP MaterialsMP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus, the company announced Thursday, amid a rush to shore up domestic supplies of metals critical for everything from data centers and defense to personal electronics.The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials’ Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S.Once operational, 10X will produce about 7,000 metric tons of rare earth magnets annually, bringing the…
Wall Street moved toward Ethereum first then price followed. Institutions funneled $157M into Ethereum investment products on Wednesday, the largest daily inflow since mid January. Just hours later, ETH ripped 15% and reclaimed the $2,000 psychological level.Now trading around $2,050, the move looks less like retail hype and more like deliberate positioning. While some large holders were selling into weakness, institutional desks were quietly absorbing supply.That divergence stands out. It suggests this rally has a structural bid behind it, not just short term speculation. Key Takeaways The Catalyst: Donald Trump’s State of the Union address reignited risk-on sentiment, directly preceding…
This is what family caregivers are up against as the population ages.
Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxContour has named Rahul Bhargava Interim COO as it enters its next growth phase after being acquired by XDC Ventures.In his interim role, Bhargava will lead operational scale-up, deepen engagement with global network members and expand participation across the platform.He will also oversee integration of XDC’s trade, digital asset and settlement capabilities, including structured trials of regulated digital settlement models alongside fiat payment rails.The trade finance platform said the appointment supports its plans to extend its Letters of Credit digitisation services and strengthen links between trade workflows and…
Risk appetite was holding up well in the first half of Thursday’s session for global markets, even if US futures have eased back slightly. Strong numbers from Nvidia (NASDAQ:) added a late boost to Wall Street yesterday, and that positive tone filtered through to Europe this morning. The pushed to a fresh weekly high, while the climbed to another record, underlining just how resilient equities remain. That said, the initial pop in Nvidia has lost a touch of momentum.Is Nvidia Results Enough to Keep Markets Supported?US futures have drifted off their best levels as the earnings beat, while solid, failed…
Soybeans are up 4 to 7 ½ cents so far on Thursday morning. Futures were supported by strength in soybean meal on Wednesday, with contracts up 8 to 10 cents. Open interest was down 26,072 contracts in March, with May up 12,641 contracts. The cmdtyView national average Cash Bean price was up 10 cents at $10.85 1/2. Soymeal futures are $4.40 to $7.60 in the front months, with. Soy Oil futures up 7 to 23 points in the nearbys. The forecast for Argentina is looking a little drier as they look to finish out their growing season, likely adding to some meal…
Prediction markets promised something elegant: put money behind beliefs, and the price converges on reality. The wisdom of crowds, sharpened by skin in the game.No pollsters, no pundits, just probabilities inching toward truth as traders stake capital on what they know.However, the moment those markets matter (politically, financially, and socially), the best information stops being “alpha” and starts looking like material nonpublic information: unfair, corrosive, and in regulated venues, bannable.Kalshi’s newly disclosed insider cases mark a turning point. Prediction markets scale with market integrity. That integrity depends on surveillance, account freezes, penalties, audits, and a regulatory backstop.The “exchange-ification” arrivesKalshi’s February…
First Solar, Inc. (FSLR) shares plunged 13.6% after the company reported fourth-quarter 2025 earnings of $4.84 per share, missing the Zacks Consensus Estimate of $5.22 per share. Archrock, Inc. (AROC) shares rose 4% after the company reported fourth-quarter 2025 earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.4 per share. MercadoLibre, Inc. (MELI) shares fell 8.5% after the company reported fourth-quarter 2025 earnings of $11.03 per share, missing the Zacks Consensus Estimate of $11.77 per share. Jazz Pharmaceuticals plc (JAZZ) shares surged 13.2% after the company reported fourth-quarter 2025 earnings of $6.64 per share, beating the Zacks Consensus Estimate of…
