BofA starts coverage on Pony AI with ‘buy’ rating on growth drivers
Investing.com — Bank of America initiated coverage on autonomous mobility company Pony Ai Inc (NASDAQ:PONY) with a “Buy” rating and a price target of $18, reflecting a 37% upside potential. Pony AI is expected to ramp up its fleet size
Explainer-Trump says corporate diversity efforts are illegal – but are they?
By Daniel Wiessner (Reuters) – President Donald Trump has issued an executive order designed to eradicate workforce diversity, equity and inclusion (DEI) initiatives in the federal government and the private sector. Trump suggested that some companies will face investigations and legal
PayPal fined by New York for cybersecurity failures
By Jonathan Stempel NEW YORK (Reuters) -PayPal will pay a $2 million civil fine over cybersecurity failures that led to the exposure of customers’ Social Security numbers in late 2022, New York state’s Department of Financial Services said on Thursday. Adrienne Harris,
Turkey stocks higher at close of trade; BIST 100 up 0.07%
Investing.com – Turkey stocks were higher after the close on Thursday, as gains in the Non-Metal Mineral Products, Technology and Information Technology sectors led shares higher. At the close in Istanbul, the BIST 100 rose 0.07% to hit a new 1-month
Data center end-market electrification investments to hit $191b annually by 2030
Investing.com — As the AI revolution drives significant growth in data center infrastructure, electrification investments in this sector are projected to reach $191 billion annually by 2030, according to UBS. The figure represents a nearly 16% annual growth rate from 2023 levels,