Chegg Stock Jumps After Activist Investor Galloway Capital Reveals 5.44% Stake
Chegg jumps after Galloway Capital buys 5.4% stake, saying stock is undervalued and has strong growth potential.
Feed↓
/ What's going on?
Filter:
Meta Just Launched Muse Spark – Its New AI to Take On ChatGPT
Meta launched Muse Spark, a fast new AI for its apps. It’s free for now, supports chat and shopping, but still trails top AI rivals.
Alibaba Launches Massive AI Data Center Powered by 10,000 Homegrown Chips
Alibaba partners with China Telecom to launch a powerful AI data center using 10,000 homegrown Zhenwu chips, aiming to scale up to 100,000.
Uber Ditches Oracle & Google to Use Amazon’s Custom AI Chips
Uber is increasing its use of AWS cloud services, expanding with Amazon’s Graviton processors and testing Trainium3 AI chips. A major shift from Oracle and Google Cloud.
ViaSat Stock Gets Barclays Upgrade as Cash Flow Break-Even Approaches
Barclays lifts ViaSat rating, price target $49. Satellite biz strong, cash burn ending, big launch soon, may sell spectrum.
Bed Bath & Beyond Buys Lumber Liquidators & Cabinets To Go in $150 Million Deal
Bed Bath & Beyond is buying F9 Brands to offer cabinets, flooring & more, making home projects easier with one-stop shopping.