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Dropbox plans to acquire AI storage startup Tigris Data for $350M, its largest acquisition to date; Tigris raised ~$31.9M from Spark, a16z, and others (Mary Ann Azevedo/Crunchbase News)

5 days 7 hours ago

Mary Ann Azevedo / Crunchbase News:
Dropbox plans to acquire AI storage startup Tigris Data for $350M, its largest acquisition to date; Tigris raised ~$31.9M from Spark, a16z, and others  —  Dropbox announced Thursday plans to acquire Tigris Data for $350 million in a transaction the company told Crunchbase News would mark …

Thursday 11/5 Insider Buying Report: CACC, LSCC

5 days 7 hours ago
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Monday, Credit Acceptance's Director, Thomas N. Tryforos, made a $1.46M buy of C

Thursday 11/5 Insider Buying Report: CACC, LSCC

5 days 7 hours ago
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. On Monday, Credit Acceptance's Director, Thomas N. Tryforos, made a $1.46M buy of C

Zipline Hits $20 Billion Valuation as Walmart Deal Expands

5 days 7 hours ago
Drone delivery startup Zipline closed a $1 billion funding round, valuing the company at $20 billion, as it expands its commercial partnership with Walmart in the US. Zipline CEO Keller Rinaudo speaks with Bloomberg’s Ed Ludlow about what it took to grow the company to this point, how demand has shocked both Zipline and Walmart, and what comes next for the startup. (Source: Bloomberg)

Data Center Fears, Blue Sweep Weigh on Chips: Qu

5 days 7 hours ago
PSP Growth Managing Director Momei Qu says growing scrutiny of data centers could add costs and slow the AI buildout without derailing long-term demand. “We need to bring the voters along,” Qu says on “Bloomberg Surveillance,” arguing that a slower pace could ultimately lead to more durable AI adoption. (Source: Bloomberg)

SU December 24th Options Begin Trading

5 days 7 hours ago
Investors in Suncor Energy Inc (Symbol: SU) saw new options become available today, for the December 24th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SU options chain for the new December 24th contracts and identified one put and one