Author: arthursheikin@gmail.com
[ad_1] Captions, an AI-powered video creation and editing app for content creators that has secured over $100 million in venture capital to date at a valuation of $500 million, is rebranding to Mirage, the company announced on Thursday. The new name reflects the company’s broader ambitions to become an AI research lab focused on multimodal foundational models specifically designed for short-form video content for platforms like TikTok, Reels, and Shorts. The company believes this approach will distinguish it from traditional AI models and competitors such as D-ID, Synthesia, and Hour One. The rebranding will also unify the company’s offerings under…
[ad_1] (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — EA Sports’ Madden football franchise is one of the most enduring and commercially successful media products of all time. It’s more than a product — it’s a platform. Unfortunately, Electronic Arts (EA) has historically relied heavily upon the Madden franchise for a huge portion of its profits. If the company has its way this fall, that’s about to change. The launch of EA’s new game, Battlefield 6, is being heralded as a game-changing moment for…
[ad_1] The housing market has offered another sign that the American dream is getting further out of reach.The number of American homeowner households shrank in the second quarter, the first year-over-year contraction since 2016, according to a new Redfin analysis of data from the US Census Bureau.At the same time, America’s population of renters is swelling. The number of renting households in the US climbed 2.6% year-over-year last quarter.The shift is largely being driven by affordability issues and uncertainty lingering over the economy, which are holding back prospective buyers, Chen Zhao, Redfin’s economics research head, said in new research.”People are…
[ad_1] Wall Street analysts are sticking with online sports betting platforms DraftKings and Flutter Entertainment , the owner of FanDuel, ahead of the start of the NFL season on Thursday. The American football season is expected to see a rise in consumer sports betting, said Needham Research analyst Bernie McTernan, noting that 71% of the firm’s preseason survey respondents plan on placing some type of wager through a regulated sportsbook. That’s up from the 60% who said they placed a bet last year. Analysts largely agree on their top picks in the sector: DraftKings and Flutter. Both stocks are either…
[ad_1] Wall Street analysts for the most part don’t see Salesforce stock paying off soon after the cloud company issued disappointing revenue guidance for its current quarter. Investors sent Salesforce stock lower after the company told investors to expect third-quarter revenue below what analysts had estimated. Salesforce predicted sales in the current quarter of between $10.24 billion and $10.29 billion, while consensus estimates had called for revenue of $10.29 billion, according to LSEG. In the second quarter that just ended, Salesforce results beat expectations on both the top and bottom lines, posting earnings of $2.91 per share on revenue of…
[ad_1] We’re in the final stretch — with just two days left and only 10 tables remaining, now is the time to act if you want to shine the light on your brand at one of the most anticipated tech conferences of the year. TechCrunch Disrupt 2025 is coming to Moscone West in San Francisco this October 27–29. Exhibiting puts your startup in the heart of the action — where 10,000+ founders, investors, press, and decision-makers come to discover what’s next. Your brand missing the spotlight at this tech epicenter means missed ROI. Disrupt is the launchpad for scaling startups…
[ad_1] MrBeast is known for his over-the-top viral videos and over-the-top charitable acts.The YouTube star, whose real name is Jimmy Donaldson, has given away millions of dollars in his videos to causes such as the Arbor Day Foundation and The Ocean Cleanup.MrBeast’s latest philanthropy project, the #TeamWater campaign, helped raise $40 million in a month for those who need clean water. It was a collaboration with content creators like Mark Rober and followed MrBeast’s #TeamTrees project in 2019, which Elon Musk gave to.The 27-year-old started on YouTube by posting videos under the username MrBeast6000 from Donaldson’s hometown of Greenville, North…
[ad_1] Credo Technology just posted the strongest set of financial results among its AI-leveraged peers, including Nvidia , according to Bank of America. The bank remains bullish. Analysts led by Vivek Arya reiterated a buy rating on Credo, a maker of active electrical cables (AEC), and hiked his price by $45, or 38%, to $165 from $120 previously. That new target suggests the stock, which has soared 130% in just the past six months, could gain another 32%. Shares popped more than 12% in early trading Thursday. CRDO 1Y mountain Credo Technology stock performance over the past year. Arya is…
[ad_1] Productivity software maker Atlassian has agreed to acquire The Browser Company, which makes the Arc and Dia browsers, for $610 million in cash. “Today’s browsers weren’t built for work; they were built for browsing. This deal is a bold step forward in reimagining the browser for knowledge work in the AI era,” Mike Cannon-Brookes, Atlassian’s CEO and co-founder, said in a statement. “Together, we’ll create an AI-powered browser optimized for the many SaaS applications living in tabs – one that knowledge workers will love to use every day,” he added. The Browser Company’s CEO Josh Miller, said on a…
[ad_1] Here are Thursday’s biggest calls on Wall Street: RBC upgrades Leidos to outperform from sector perform RBC said it likes the defense engineering company’s management. “Our Outperform thesis is underpinned by continued strength and execution in Leidos’ Health Services business, strong defense portfolio positioning, and increased confidence under CEO Tom Bell and the revised strategic direction.” Bank of America reiterates Salesforce as buy Bank of America said it’s sticking with the stock following earnings. “Q2 results are not enough to dispel the bear case that Salesforce’s business could be under pressure from Agentic AI. However, backlog is growing a…