Confluent Explores Sale as AI Data Demand Surges
Data streaming company Confluent is exploring a potential sale after attracting interest from tech firms and private equity. The $7B company specializes in AI data infrastructure.
Data streaming company Confluent is exploring a potential sale after attracting interest from tech firms and private equity. The $7B company specializes in AI data infrastructure.
Equifax is cutting the price of its VantageScore 4.0 for mortgages by over 50% compared to FICO's new price, driving competition and using alternative data to help millions more Americans get scored.
Shares of Oracle tumbled after a report revealed that the software maker’s profit margin in its cloud computing business is lower than many on Wall Street had estimated.
Lucid missed Q3 deliveries by ~18%. Stock dropped >9%. Analysts downgraded to "strong sell" citing weak demand, cash burn, and high costs.
The Trump administration is discussing selling off parts of the $1.6 trillion federal student loan portfolio to private buyers.
SEC is probing AppLovin’s data. Stock fell, but Citi analysts call the drop "extreme" and urge investors to buy the shares now.