Kohl’s Corporation has experienced a dramatic surge in its stock price, with shares more than doubling in volatile trading that included a temporary trading halt. The spike appears driven by retail investor enthusiasm and short squeeze dynamics, similar to past meme stock rallies such as GameStop. The company’s shares are heavily shorted, with approximately 50%…
Figma, the cloud-based design software company, is gearing up for its initial public offering (IPO) with an anticipated valuation between $14.6 billion and $16.4 billion. The company’s plan to sell approximately 37 million shares priced between $25 and $28 each could generate up to $1 billion in proceeds from the offering and selling shareholders. Led…
Opendoor Technologies Latest Stock Surge Opendoor Technologies (NASDAQ: OPEN), a digital platform for residential real estate transactions, has witnessed a spectacular stock rally, with its share price soaring over 115% in afternoon trading recently. This surge follows an incredible 188% gain in the previous week, lifting the stock to over $4.80 from just above $0.50…
Schneider Electric has launched a landmark multi-year initiative to develop an AI-native ecosystem aimed at enhancing sustainability and energy management. This move positions the company at the forefront of digital transformation in the energy sector, leveraging advanced AI technologies to optimize energy efficiency and support sustainable practices worldwide. The initiative is part of Schneider Electric’s…
Ubisoft has announced a significant restructuring of its business following a $1.25 billion minority investment from Chinese conglomerate Tencent. This investment has led to the formation of a dedicated subsidiary tasked with overseeing three of Ubisoft’s most successful franchises: Assassin’s Creed, Far Cry, and Rainbow Six Siege. The new entity will include Ubisoft development teams…
WeRide Inc., a global leader in autonomous driving technology, announced its unaudited financial results for Q1 2025, highlighting significant progress in the expansion of its commercial Robotaxi services worldwide. The company is actively scaling its autonomous driving deployments with over 1,200 autonomous vehicles operating across multiple regions, including Asia, the Middle East, and Europe. A…
Intel Corporation has commenced a significant wave of job cuts impacting thousands of employees both in the U.S. and Israel. This follows the new CEO Lip-Bu Tan’s major cost-cutting and restructuring push to streamline operations and focus on core business areas. The company started laying off employees on July 7, 2025, with notable reductions in…
