ShiftPixy, Inc. ( PIXY ) shares are trading higher on Thursday after the company announced its acquisition of TurboScale. TurboScale is an AI technology company focused on scalable GPU cloud infrastructure and the deployment of AI models. This acquisition will allow ShiftPixy ( PIXY ) to introduce enhanced AI-powered features, such as real-time predictive analytics and machine learning-driven automation, to streamline workforce management. ShiftPixy...

Oct 17 (Reuters) - Billing software firm Zuora ( ZUO ) said on Thursday it has entered into a definitive agreement to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion. Shares of Zuora ( ZUO ) rose 4.8% in premarket trading. Silver Lake and GIC will acquire all outstanding...

Lucid Group Inc ( LCID ) shares are trading lower Thursday morning after the company announced the pricing of an offering and corresponding investment from an affiliate of the Public Investment Fund (PIF). What To Know: Lucid shares turned sharply lower in extended trading Wednesday after the company said it commenced a public offering of 262,446,931 shares of its common stock....

09:02 AM EDT, 10/17/2024 (MT Newswires) -- Elevance Health ( ELV ) slashed its full-year earnings outlook on Thursday as the health insurer's third-quarter revenue beat Wall Street estimates while bottom-line results missed expectations amid challenges in the Medicaid business. The company now anticipates adjusted earnings of about $33 per share for 2024, down from its previous guidance of at...