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Blackstone Inc (NYSE: BX) is in focus today following a report that it plans on buying Apartment Income REIT (NYSE: AIRC) for about $10 billion. Details of Blackstone – Air Communities deal The all-cash transaction values each share of the real estate investment trust known broadly as Air Communities at $39.12 per share – a […]

• April 08, 2024 05:26 AM PDT
• Invezz

Microsoft, a leading technology firm, announced its plans to establish a new office in London, exclusively dedicated to artificial intelligence (AI) research and development. Mustafa Suleyman, the CEO of Microsoft AI, revealed that the company will soon begin advertising roles for “exceptional individuals” in the field of AI. Microsoft to hire talent for London office […]

• April 08, 2024 04:09 AM PDT
• Invezz

Spirit Airlines Inc (NYSE: SAVE) says it will defer deliveries of Airbus planes. Shares of the air carrier are slightly in the red at writing. Spirit Airlines is chasing better liquidity The ultra-low-cost airline will also furlough some 260 pilots, as per its press release this morning. Ted Christie – the chief executive of […]

• April 08, 2024 04:03 AM PDT
• Invezz

The US Federal Reserve’s president of Minneapolis Neel Kashkari had some interesting things to say about Bitcoin last week, equating the cryptocurrency with a “religious revival” and a toy, saying that the BTC price “could go down to zero”. Kashkari, who has worked on both Wall Street and at the US Treasury in the past, […]

• April 08, 2024 03:08 AM PDT
• Invezz

Taiwan Semiconductor Mfg. Co. Ltd. (TAI: 2330) has secured $6.6 billion funding from the U.S. Commerce Department. Its shares are advancing in premarket. TSMC boosts planned investment in Arizona On Monday, the multinational based out of Hsinchu, Taiwan said it now plans on investing over $65 billion in the United States including a third fab […]

• April 08, 2024 02:53 AM PDT
• Invezz

A joint venture between GAC Aion and the self-driving unit of Didi Global Inc says it has secured license to mass produce robotaxis in China. Andi to launch self-driving SUV Andi Technology will place the said autonomous electric vehicles on sale from 2025. The first of them will be a crossover sports utility vehicles (SUV). […]

• April 08, 2024 02:02 AM PDT
• Invezz

Exide Industries Ltd (NSE: EXIDEIND) rallied about 15% on Monday after Kia Corp (KRX: 000270) and Hyundai Motor Co (KRX: 005380) teamed up with the multinational based out of Kolkata, India on electric vehicles batteries. Here’s what it means for Exide shares The memorandum of understanding signed this morning aims to accelerate competition in the […]

• April 08, 2024 01:21 AM PDT
• Invezz

It’s been an eventful start to the week, and end of last week, for gold. The precious metal has been on a winning streak that has surprised markets around the world with its sudden surges. Gold shines bright On Friday afternoon, during the New York trading session, the spot gold price shot up to a […]

• April 08, 2024 12:18 AM PDT
• Invezz

InQubeta (QUBE) just achieved a big milestone by raising $13 million in its ongoing crypto presale. This is an important achievement for InQubeta’s team and it also highlights the growing interest in AI-focused investment opportunities within the crypto space. But, what is actually InQubeta? InQubeta: A platform for AI startup investments InQubeta allows users to […]

• April 07, 2024 08:00 AM PDT
• Invezz