11:44 AM EST, 12/02/2024 (MT Newswires) -- MicroStrategy ( MSTR ) said Monday in a filing with the US Securities and Exchange Commission that it acquired about 15,400 bitcoins for $1.5 billion between Nov. 25 and Dec. 1. The purchase was funded with $1.48 billion raised from the sale of about 3.7 million shares during the same period, the company...

11:49 AM EST, 12/02/2024 (MT Newswires) -- Lion Electric ( LEV ) , a manufacturer of all-electric vehicles, over the weekend said it will cut more than half its workforce, or about 400 employees, through temporary layoffs in Canada and the United States as it restructures its operations. The company will be left with about 300 employees who will focus...

(Reuters) - Several global companies, including aircraft manufacturer Boeing ( BA ) and struggling chipmaker Intel ( INTC ), have witnessed the departure of their CEO's this year, with a handful of firms opting for seasoned executives to fill these leadership voids. The following is a list of top-management shake ups announced at major companies this year: INTEL ( INTC...

11:51 AM EST, 12/02/2024 (MT Newswires) -- Cloudflare ( NET ) is set to sustain, if not accelerate, topline growth over the next few years due to its market, scalable network and potential as a GenAI enabler as organizations explore large language models, Morgan Stanley said in a note Monday. The analysts said they expect more AI inference to be...