By Anna Tong and Krystal Hu SAN FRANCISCO (Reuters) -Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, but one area stands out: software development. So-called code generation or “code-gen” startups are commanding sky-high valuations as corporate boardrooms look to use AI to aid, and sometimes to replace, expensive human software engineers. Cursor, ...
Investing.com -- Shares of Northern Dynasty Minerals (NYSE:NAK) Ltd. (TSX:NDM; NYSE American:NAK) soared 10.8% following the announcement that the company has received a $12 million royalty payment. The Alaska-focused explorer, which specializes in gold, copper, and molybdenum, also revealed amendments to its royalty agreements that enhance payment flexibility and extend the expiration date.The co ...
Investing.com -- JP Morgan downgraded Bumble (NASDAQ:BMBL) Inc to Underweight from Neutral, citing expectations for accelerating revenue and user declines, and maintained its $5 price target, which implies over 10% downside from current levels.Bumble shares have surged more than 50% since the company’s restructuring update but argued the rally was driven by profit upgrades tied to cost cu ...
By Juveria Tabassum (Reuters) -Dollar General raised its annual targets after beating estimates for quarterly profit and same-store sales and said more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation. The forecast lift took the company’s shares up 14% on Tuesday and came in sharp contrast to other retailers cutting financial t ...