The NASDAQ Biotechnology Index (INDEXNASDAQ:NBI) is trading at three-year highs in response to breakthrough innovations and increased deals for biotech stocks on the NASDAQ. After dropping to a low of 3,637.05 in October 2023, the index climbed to a high of 4,954.813 on September 19, 2024. While the NBI is…
2025 is poised to be a pivotal year for the robotics industry, driven by the integration of artificial intelligence (AI). AI technologies such as machine learning, computer vision, natural language processing and reinforcement learning empower robots with unprecedented capabilities for autonomous action. Advanced AI functionalities like simultaneous localization and mapping…
Security is becoming a growing global concern, both online and off. Diverse companies are stepping up to provide solutions for individuals and businesses, and some of them are seeing impressive share price gains as they meet increasing demand for consumer safety. Emerging quantum computing technology is a rising source of…
The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker. President Joe Biden blocked the deal between U.S. Steel and Nippon Steel on Friday, citing national security concerns after a key…
Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge to the company’s plans to go public eventually, following several years of hurdles. Panera Brands CFO Paul Carbone will step in as interim chief executive while the board…
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw antitrust scrutiny. The move comes at a time when the licensed visual content industry is facing threats from…
Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending antitrust lawsuits by her agency with a “sweetheart deal.” But, “I can’t predict what future people in my position are going to do,” Khan said on CNBC’s “Squawk Box.”…
D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing…
The Biden administration asked a federal appeals court on Tuesday to block a plea agreement for accused 9/11 mastermind Khalid Sheikh Mohammed that would spare him the risk of the death penalty. The Justice Department argued in a brief filed with a federal appeals court in the District of Columbia…
Virginia Democrats will hold on to their narrow majorities in the state Legislature after winning special elections Tuesday in two seats in a county that shifted toward President-elect Donald Trump last year, the Associated Press projects. Democratic state Rep. Kannan Srinivasan defeated Republican Tumay Harding to win an open Senate…