Procore Technologies, Inc. (NYSE:PCOR) recently made headlines with the sale of 57,666 shares of company stock by President of Product & Technology, Steven Scott Davis. The total value of the shares sold amounted to around $4.56 million, with an average selling price of $79.11 per share. The transaction occurred on March 13, 2024, and was
Tesla, the electric vehicle maker, recently settled a racial discrimination lawsuit brought by Owen Diaz, a Black man who worked as an elevator operator at its Fremont, California factory in 2015. The lawsuit, in which a federal jury awarded Diaz $3.2 million in damages, alleged racist discrimination and harassment of Black workers at the automaker.
Reddit, a popular social media platform, has recently come under scrutiny from the Federal Trade Commission regarding its data-licensing business. The company received a letter from the FTC informing them of a non-public inquiry focused on their sale, licensing, or sharing of user-generated content with third parties for AI training purposes. This has sparked discussions
Menopause, once a topic rarely discussed, has now entered the public conversation. Celebrities like Drew Barrymore and Naomi Watts have shed light on the symptoms and challenges associated with this phase of life. Despite the increased dialogue, there remains a significant gap in the treatment of menopausal symptoms, presenting a prime opportunity for companies to
The box office weekend brought in a mixed bag of results for the film industry. Despite Universal/DreamWorks Animation’s Kung Fu Panda 4 holding strong with an expected $30M in its second weekend, three new wide releases hit cinemas with varying degrees of success. One of the most prominent releases was Lionsgate’s Arthur the King, starring
Bitcoin, the world’s largest cryptocurrency, experienced a significant drop in overnight trading, once again highlighting its persistent tendency for dramatic price swings. Data from Coin Metrics revealed that Bitcoin was trading above $72,000 late on Thursday, only to plummet to approximately $67,000 on Friday, marking a decline of about 7%. Although the price managed to
In a recent court case in Indiana, electric vehicle manufacturer Tesla and one of its employees, Kyle Kaszuba, were found to be partially liable for a crash involving a Tesla-owned Ford truck and a motorcycle. The jury determined that Tesla and Kaszuba must pay over $42 million in damages to the victim, Christopher Dugan, who
Geron Corporation saw a significant surge of 90% in its stock price after a positive vote from a U.S. Food and Drug Administration advisory panel regarding its blood disorder treatment, imetelstat. The anticipation of a regulatory decision in June further added to the excitement surrounding the company. Micron Technology experienced a 2.4% gain in its
Rivian Automotive, the EV stock, experienced a nearly 4% increase in premarket trading following an upgrade by Piper Sandler to overweight. This upgrade comes with a higher price target of $21, up from $15, indicating a potential 96% upside from the previous day’s close. Analyst Alexander Potter pointed to Rivian’s new product launch and postponement
The Bank of Japan is expected to abandon its negative interest rate policy in the coming months, according to a survey of economists conducted by Reuters. The majority of economists surveyed believe that the central bank will make this move in April, marking a significant shift in its policy stance. However, there is a growing