Rounak Jain

Amazon.com Inc. (AMZN) and Blue Origin founder Jeff Bezos-backed AI startup Prometheus on Thursday raised $12 billion in its latest funding round.

Wolfe raised its Micron forecasts to reflect an approximately 45% increase in memory pricing in the third quarter and stronger pricing trends through 2026.

AMC said the additional capital provides greater financial flexibility as it pursues its long-term strategic priorities.

Jim Cramer on Friday said the ideal outcome for SpaceX (SPCX) IPO would be a modest first-day gain, arguing that it would encourage long-term ownership and avoid the speculative flipping that can follow blockbuster market debuts.

Cramer contrasted SpaceX with Cerebras, noting the latter was about 20 times oversubscribed but ultimately failed to live up to the hype.

Iran’s ongoing negotiations with the U.S. for an agreement reportedly include the release of $24 billion in frozen assets as well as discussions about the country’s nuclear program.

Park Ha Biological and Star Plus Action will combine expertise in skincare, healthcare, celebrity IP, and AI to develop an integrated beauty and wellness ecosystem.

Meta Platforms Inc.’s (META) services, Instagram, Facebook, and WhatsApp, experienced a spike in outage reports on Friday.

Rezolve Ai said the proposed repurchase program reflects the board's belief that the current market valuation fails to capture the strength of the business.

SpaceX shares were hovering around $154 at the time of writing compared to the offer price of $135 per share.