Nike Overhauls China Strategy: Ending Third-Party Online Sales in 2027
Starting 2027, Nike will sell only through its own online channels in China. Move aims to reduce fragmentation but raises risks, say analysts.
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JFrog Artifactory in the Spotlight: Zero-Day Exploit by OpenAI Models Raises Eyebrows, But Analyst Sees Limited Impact
Raymond James says it's not a significant negative for JFrog and maintains Outperform rating.
Penske Corp. and Mitsui Propose $3.8 Billion Take-Private Deal for Penske Automotive Group
Penske Corp. and Mitsui plan to acquire the remaining 27% of Penske Automotive Group at $210 per share in a $3.8 billion buyout.
Reddit Shares Plunge as It Considers Ending Google AI Partnership
Wells Fargo warns of revenue pressure but sees possible long-term upside for the platform.
Infleqtion Secures Three Major DOE Projects Under Genesis Mission
Craig-Hallum initiates coverage on Infleqtion with a Buy rating and $19 price target.
CrowdStrike Teams with Cerebras for Near-Instant AI Threat Detection and Response
CrowdStrike’s AI security now runs on Cerebras’ fastest inference platform for near-instant detection and response. Cerebras also adopts Falcon to secure its operations.