STOCKHOLM (Reuters) - Cisco ( CSCO ) on Tuesday launched a $1 billion fund to invest in artificial intelligence startups, joining a list of big technology companies rushing to take stakes in small AI firms. The company, through its investment arm, is investing in Cohere, Mistral AI and Scale AI, among others, and has already committed nearly $200 million of...

NEW YORK (Reuters) - Some of Tesla's institutional shareholders are getting out, convinced that the electric carmaker's days of dizzying growth are in the rear-view mirror. The company's shares are down nearly 30% this year and have fallen by more than 50% since their 2021 high, wiping out some $600 billion in market value as CEO Elon Musk has struggled...

11:23 AM EDT, 06/04/2024 (MT Newswires) -- Warner Bros. Discovery ( WBD ) increased the price of the Max streaming service basic ad-free plan to $16.99 per month from $15.99, effective immediately for new customers, multiple media outlets reported Tuesday, citing the company. The premium subscription price will also rise by $1 to $20.99 a month, Bloomberg reported, as will...

Whales with a lot of money to spend have taken a noticeably bearish stance on McDonald's. Looking at options history for McDonald's we detected 9 trades. If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish. From the overall spotted trades, 5 are...