Tencent hires WizardLM team, a Microsoft AI group with an odd history
TechCrunch· 2025-05-13 17:58
WizardLM, a Beijing-based Microsoft AI research group, appears to have joined Tencent, the Chinese company that owns WeChat and blockbuster games like PUBG Mobile. In a post on X on Tuesday, Can Xu, a senior AI researcher who led a number of projects within WizardLM, said that he and the team left Microsoft to join Hunyuan, one of Tencent’s AI development orgs. Over the past few months, Hunyuan has released AI models including video and 3D object generators. WizardLM has already released a Hunyuan-branded ...
Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031
GlobeNewswire· 2025-05-13 17:58
Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031 Paris, May 13, 2025 - Valeo announced the placement of new green bonds maturing May 20, 2031 for an amount of 650 million euros. This issue raised 650 million euros in bonds maturing in 6 years with a coupon of 5.125%. BNP Paribas, Crédit Agricole CIB, CIC, Helaba, ING and Mizuho and acted as Joint Active Bookrunners. The net proceeds of the transaction will be used for financing projects and investments linked ...
Meta Platforms And TikTok: Don't Let A Crisis Go To Waste
Seeking Alpha· 2025-05-13 17:56
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Winnebago Industries Named One of America's Most Trustworthy Companies by Newsweek for 2025
GlobeNewswire News Room· 2025-05-13 17:53
EDEN PRAIRIE, Minn., May 13, 2025 (GLOBE NEWSWIRE) -- Winnebago Industries (NYSE: WGO) has been recognized by Newsweek as one of America’s Most Trustworthy Companies for 2025. This marks the second consecutive year that Winnebago Industries has earned this distinction, reinforcing the company’s commitment to integrity, quality, and customer trust. The Newsweek rankings are based on an independent survey of more than 25,000 U.S. consumers, assessing companies on key pillars of trust: customer trust, employee ...
Bank of America Plans 150 New Branches by 2028
PYMNTS.com· 2025-05-13 17:51
Bank of America plans to open 150 new locations by the end of 2027.The new locations will be spread across 60 markets, the banking giant said in its announcement Tuesday (May 13). The plan calls for opening 40 new “financial centers,” as the lender calls its branches, this year and another 70 in 2026.“Our continued investment in our financial center network reflects our commitment to meeting our clients where they are and how they want to bank with us,” Bank of America Consumer, Retail and Preferred Preside ...
IREN Set to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2025-05-13 17:50
IREN Limited (IREN) is scheduled to report its third-quarter fiscal 2025 results on May 14.The Zacks Consensus Estimate for third-quarter fiscal 2025 is pegged at 17 cents per share, down a couple of cents over the past 30 days. IREN reported a profit of 8 cents per share in the year-ago quarter.The consensus mark for revenues is pegged at $155.69 million, suggesting an improvement of 186.45% from the year-ago quarter’s reported number. Let’s see how things have shaped up for IREN Limited prior to this ann ...
Lincoln Stock Rises on Q1 Earnings Beat, Starts & Population Up Y/Y
ZACKS· 2025-05-13 17:50
Lincoln Educational Services Corporation (LINC) reported impressive results for first-quarter 2025, with earnings and revenues surpassing the Zacks Consensus Estimate. On a year-over-year basis, both top and bottom lines increased.The top line marked the sixth consecutive quarter of double-digit growth. This upside was backed by a 13.1% increase in the average student population, driven by strong start growth.Shares of this diversified career-oriented post-secondary education provider gained 1.9% during yes ...
NuScale Posts Narrower Q1 Loss Y/Y With Revenue Growth, Stock Up
ZACKS· 2025-05-13 17:45
NuScale Power Corporation (SMR) witnessed a 1.2% rise in its share price during the after-hours trading session yesterday, following the release of first-quarter 2025 results. The company reported a narrower loss compared with the year-ago figure, while revenues increased.During the quarter, the company continued to strengthen its position as the first and only small module reactor provider to receive NRC design approval. With 12 modules in the manufacturing process, it further prepared the supply chain to ...
MARA Holdings Stock Gains 12% Despite Reporting a Q1 Loss
ZACKS· 2025-05-13 17:45
MARA Holdings, Inc. (MARA) reported weaker-than-expected first-quarter 2025 results on May 8, following which the stock has declined by 12%.Quarterly loss came in at 40 cents per share compared with the Zacks Consensus Estimate for a loss of 34 cents per share and the year-ago quarter’s loss of 6 cents. Total revenues of $213.9 million missed the consensus mark by a slight margin but increased 29.5% from the year-ago quarter. Other Quarterly DetailsMARA produced 2,286 bitcoins in the quarter, 19% less than ...
Kontoor (KTB) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-05-13 17:45
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy w ...