PACS Group stock plunges 9% after massive 14 million share offering stuns investors
PACS Group, Inc., a prominent player in the post-acute healthcare sector, has seen its shares nosedive by nearly 9% to $35.98 following the announcement of ... Read More
Brutal layoffs at Goldman Sachs: Over 1,800 employees face the axe!
Goldman Sachs Group Inc. is reportedly planning to cut up to 1,800 jobs, representing about 3% to 4% of its global workforce, following its annual ... Read More
Intel’s bold move to split its business sends shockwaves through the chip industry
Intel Corporation's stock has seen a sharp rise as the company explores drastic strategic options, offering a ray of hope to its beleaguered investors after ... Read More
Buffett makes another big move: $845m in Bank of America shares sold!
Warren Buffett's conglomerate, Berkshire Hathaway, has again reduced its stake in Bank of America, selling shares valued at approximately $845 million. The sale, executed between ... Read More
How Amount’s $30m funding will transform digital lending for credit unions
Amount, a leading digital origination and decisioning SaaS platform, has successfully closed a $30 million equity capital raise. The funds will be used to advance ... Read More
Betterment acquires Marcus Invest’s digital accounts from Goldman Sachs
Betterment, recognized as the largest independent digital investment advisor in the United States, has reached a significant agreement to acquire the digital investing accounts of ... Read More
AI21 Labs secures $155m in Series C funding, hits $1.4bn valuation
AI21 Labs, a leading player in the generative AI and large language models (LLMs) landscape, announced the successful close of its Series C funding round, ... Read More
Qatar Investment Authority to inject Rs 8,278cr into Reliance Retail Ventures
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, revealed that the Qatar Investment Authority (QIA) will invest ₹8,278 crore into the company. ... Read More
Tata Power unit signs deal with ADB for grid enhancements and BESS in Delhi
Tata Power said that its distribution arm Tata Power Delhi Distribution Limited (TPDDL) has signed a deal with the Asian Development Bank (ADB) to improve ... Read More
ImmunoGen to get nearly $175m financing from Pharmakon Advisors
ImmunoGen, a US-based biotechnology company, will receive a non-dilutive term loan financing facility for up to $175 million from entities managed by Pharmakon Advisors. The ... Read More