Category: Include on Menu
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Accenture and Google Cloud Launch Gemini Enterprise Business Group to Scale AI Adoption
Accenture (NYSE:ACN) and Google Cloud (NASDAQ:GOOG) have launched the Accenture Gemini Enterprise Business Group, a new joint initiative designed to help organisations adopt and scale Google’s Gemini Enterprise artificial intelligence platform. The initiative will draw on Accenture’s existing workforce of nearly 50,000 Google Cloud-skilled professionals while establishing a dedicated team of 1,000 forward deployed engineers.…
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Qualcomm Shares Surge 9.5% on Amazon AI Partnership and 25 Million-Share Warrant
Qualcomm Technologies (NASDAQ:QCOM) shares jumped 9.5% after the company announced a multi-generational collaboration with Amazon (NASDAQ:AMZN) focused on customised silicon and high-speed optical connectivity for artificial intelligence data centres. The agreement will see Qualcomm work with Amazon Web Services to develop energy-efficient silicon designed for large-scale AI infrastructure, alongside optical connectivity technology capable of supporting…
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Corning Shares Rise on Multi-Billion-Dollar Verizon Fibre Agreement
Corning Incorporated (NYSE:GLW) shares gained 3% on Monday after the company announced a multi-year, multi-billion-dollar supply agreement with Verizon Communications (NYSE:VZ) covering optical fibre and connectivity products through 2032. Under the agreement, Corning will supply Verizon with more than 80 million miles of high-density optical fibre and connectivity solutions between 2027 and 2032. The infrastructure…
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Wall Street Futures Fall as Oil Surge and Fed Rate Fears Weigh: Dow Jones, S&P, Nasdaq
U.S. stock futures pointed to a weaker opening on Tuesday as Wall Street prepared to resume trading following the Labor Day weekend, with escalating tensions in the Middle East driving oil prices higher and investors reassessing the outlook for Federal Reserve interest rates. U.S. crude oil futures jumped nearly 2% after the United States struck…
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Rigetti Shares Rise After Securing $100 Million in U.S. Government Funding
Rigetti Computing (NASDAQ:RGTI) shares rose 4% on Tuesday after the quantum computing company announced a definitive agreement with the U.S. Department of Commerce for $100 million in funding to advance research and development in superconducting quantum computing. The funding has been awarded through the CHIPS Research and Development Office Broad Agency Announcement under the CHIPS…
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Palantir and Nebius Partner on Sovereign AI Infrastructure
Palantir Technologies (NASDAQ:PLTR) and Nebius Group (NASDAQ:NBIS) have entered into a partnership that will integrate Nebius’s cloud and artificial intelligence computing infrastructure with Palantir’s enterprise platform for commercial customers. Under the agreement, Palantir has selected Nebius as its preferred sovereign AI infrastructure partner, with the companies aiming to give eligible customers greater control over the…
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DraftKings Expands IC360 Integrity Monitoring Agreement to Predictions Platform
DraftKings Inc. (NASDAQ:DKNG) has expanded its agreement with Integrity Compliance 360, Inc. (IC360), extending the company’s integrity and compliance technology across both its sportsbook and predictions businesses. The arrangement will deploy IC360’s full suite of monitoring technology across DraftKings Sportsbook and DraftKings Predictions, the company’s event-based prediction market platform. IC360 described the agreement as the…
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D-Wave Shares Rise After Securing Up to $100 Million in CHIPS Act Funding
D-Wave Quantum (NASDAQ:QBTS) shares rose 4.5% on Tuesday after the quantum computing company announced a definitive agreement with the U.S. Department of Commerce for up to $100 million in funding under the CHIPS and Science Act. The funding is intended to support research and development across D-Wave’s annealing and gate-model quantum computing technologies as the…
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Pharvaris Shares Surge 27% After Deucrictibant Phase 3 Trial Meets Primary Endpoint
Pharvaris (NASDAQ:PHVS) shares jumped 27% on Tuesday after the company reported positive topline results from its pivotal Phase 3 CHAPTER-3 study evaluating deucrictibant XR for the prevention of hereditary angioedema attacks. The study met its primary endpoint, with once-daily deucrictibant XR producing an 83% reduction in the HAE attack rate compared with placebo. Among participants…
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United Natural Foods Beats Q4 Profit Forecast but Revenue Falls Short
United Natural Foods Inc. (NYSE:UNFI) reported fourth-quarter adjusted earnings above market expectations on Tuesday, although revenue missed analysts’ forecasts and declined from the previous year. Adjusted earnings per share came in at $0.69, ahead of the analyst consensus of $0.61. Revenue reached $7.64 billion, below the $7.69 billion expected by analysts and down 0.7% from…