News

Shares of cybersecurity firm Zscaler fell Tuesday, a day after it reported that billings declined sequentially and issued current-quarter guidance at the low end of estimates.

(Bloomberg) -- BlackRock Inc. agreed to buy HPS Investment Partners in an all-stock deal valued at roughly $12 billion, a purchase that will propel the world’s largest asset manager into the highest ranks of private credit.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsHPS founders Scott Kapnick, Scot French and Michael Patterson will lead a new private financing solutions business unit with Blac

Palantir Technologies Inc. (NASDAQ:PLTR) disclosed that it has received FedRAMP High Authorization for its Palantir Federal Cloud Service (PFCS) and Palantir Federal Cloud Service – Supporting Services (PFCS-SS). FedRAMP is a government-wide initiative designed to facilitate the adoption of secure cloud services across federal agencies by offering a standardized approach to security and risk assessments. This authorization covers all of Palantir’s product offerings, including AIP, Apollo, Foundr

"At present, I lean toward supporting a cut to the policy rate at our December meeting," Christopher Waller, a Federal Reserve governor, said Monday.

The Nasdaq Composite is up 29.3% this year, while the ARK Innovation ETF has returned 13.56%.

News of the day for Dec. 3, 2024

Profound Medical (PROF) entered into a definitive co-sales and co-marketing agreement with Siemens Healthineers (SIEGY) pursuant to which the companies will commercialize a new MRI-guided prostate therapy solution which combines Profound’s TULSA-PRO system and consumables with Siemens Healthineers’ Magnetom Free.Max magnetic resonance scanner. Subject to the completion of the compatibility process of TULSA-PRO and Magnetom Free.Max, the companies currently expect to initiate sales of the total p