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Jim Cramer Recommends Buying This Industrial Stock, Calling It ‘Way Too Cheap’

On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Canadian National Railway Company (NYSE:CNI), saying it’s “way too cheap.” CN and CSX (NASDAQ:CSX) announced on Sept. 9 an agreement to develop a new intermodal service into Nashville, Tennessee. When asked about MP Materials Corp. (NYSE:MP), he said, “I think you’re fine, but don’t — […]
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NIO Investors Rattled As EV Maker Issues Massive Equity Offering

NIO Inc. (NYSE:NIO) shares fell sharply on Wednesday after the Chinese electric vehicle maker unveiled plans to raise fresh capital through a sizable equity offering. The company announced it will issue up to 181.8 million Class A ordinary shares, split between American depositary shares (ADS), each representing one ordinary share, and direct ordinary share offerings, […]
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$1.65 Billion: Solana Gets Its First 10-Figure Treasury Fund

Forward Industries, Inc. (NASDAQ:FORD) on Monday announced that it has secured $1.65 billion in cash and stablecoin commitments through a private investment in public equity led by Galaxy Digital (NASDAQ:GLXY), Jump Crypto, and Multicoin Capital to fund a Solana (CRYPTO: SOL)-focused digital asset treasury strategy. The private placement marks the largest Solana-focused digital asset treasury […]
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Jeff Bezos-Backed Anthropic’s Valuation Soars To $183 Billion After Funding

Anthropic has witnessed a significant surge in its valuation. The company’s worth has more than doubled, now standing at $183 billion post-money, following a $13 billion fundraise. Backed By Alphabet, Amazon, Anthropic Raises $13 Billion The valuation increase comes on the heels of a $13 billion fundraise, co-led by Fidelity Management & Research and Lightspeed Venture Partners, Anthropic […]
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Vertiv, Palo Alto Networks, DraftKings And A Big Bank On CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Vertiv Holdings Co (NYSE:VRT) is down 20% since reporting quarterly earnings. Vertiv reported quarterly earnings of 95 cents per share on July 30, beating the analyst consensus estimate of 83 cents per share. The company […]

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