Companies

MongoDB to acquire open source mobile database Realm, startup that raised $40M

10 seconds ago   |   Tech Crunch   |   4 articles

MongoDB announced today that is acquiring Realm , an open source database geared for mobile applications. The startup raised over $40 million before being acquired, but the...
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Tesla's 'Autonomy Day' fell flat with analysts - now Wall Street is bracing for its Q1 results

Tesla's 'Autonomy Day' fell flat with analysts - now Wall Street is bracing for its Q1 results

4 minutes ago   |   Business Insider   |   3 articles

Tesla is scheduled to report first-quarter earnings after Wednesday's closing bell, and analysts expect investors to be laser-focused on demand levels and second-quarter...
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Lululemon is taking on Nike and Adidas with a push into sneakers

Lululemon is taking on Nike and Adidas with a push into sneakers

4 minutes ago   |   Business Insider

Lululemon's CEO, Calvin McDonald, announced Wednesday that the company plans to enter the footwear market in 2019. Lululemon's bread and butter has long been women's yoga pants...
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Ford invests $500 million in electric pickup truck maker Rivian

6 minutes ago   |   Stl Today   |   10 articles

Ford is investing $500 million in electric pickup truck maker Rivian, saying the two companies will work together to develop a new battery plug-in vehicle for Ford.
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Momentus seeks up to $25 million as it inks deals to transport cargo beyond low Earth orbit

12 minutes ago   |   Tech Crunch

Just nine months after launching from Y Combinator with a new propulsion technology, Momentus has inked its first customers for its transportation technology that can take...
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Mint founder Aaron Patzer launches Vital, an ER management tool that integrates with electronic health records

12 minutes ago   |   Tech Crunch   |   2 articles

Aaron Patzer launched Mint to help consumers organize their finances. Now he's raised $5.2 million from investors to launch Vital to bring that consumer-focused mindset to...
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Caterpillar 1Q beats forecasts as revenue grows 5%

22 minutes ago   |   Chron   |   2 articles

DEERFIELD, Ill. - Increased demand for construction equipment in North America helped push Caterpillar's revenue 5% higher and the company beat forecasts. Sales of new...
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This acclaimed wealth manager doesn't see an imminent recession, but is making one surprising investment choice just in case

This acclaimed wealth manager doesn't see an imminent recession, but is making one surprising investment choice just in case

22 minutes ago   |   Business Insider   |   3 articles

Brian Pfeifler of Morgan Stanley Private Wealth Management has been one of the top ranked US wealth managers for years, and he says investors shouldn't be too fearful of...
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Amazon says its private labels are only 1% of its business, but new data shows some are seeing huge growth

Amazon says its private labels are only 1% of its business, but new data shows some are seeing huge growth

22 minutes ago   |   Business Insider   |   2 articles

In a reply to criticism from Sen. Elizabeth Warren, Amazon said that its private-label brands account for only 1% of its sales. M ost Amazon brands are still nascent, but new...
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737 MAX grounding cuts into Boeing profit and cash reserves

737 MAX grounding cuts into Boeing profit and cash reserves

24 minutes ago   |   Stl Today   |   4 articles

The worldwide grounding of the 737 MAX quickly rippled through Boeing's finances, depleting its cash reserve by nearly $1 billion in just the first three weeks, according to...
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Boeing misses on earnings, suspends its forecast over uncertainty around the...

Boeing misses on earnings, suspends its forecast over uncertainty around the 737 Max

Ted S. Warren/Associated Press Boeing reported first-quarter earnings ahead of Wednesday's opening bell that fell short of Wall Street estimates. The company also suspended its... Read more ...

Caterpillar drops as sales weaken in every major region except North America

Caterpillar drops as sales weaken in every major region except North America

Caterpillar shares fell early Wednesday after the construction-machinery giant reported first-quarter results that topped Wall Street estimates. Shares dipped after... Read more ...

Why Tesla won't hit its AV ride-hailing goals

Why Tesla won't hit its AV ride-hailing goals

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Transportation & Logistics Briefing subscribers. To receive the full story plus other... Read more ...

Ford invests $500m in Rivian and intends to build a vehicle on Rivian's EV...

Ford invests $500m in Rivian and intends to build a vehicle on Rivian's EV platform

Rivian today announced a major investment from Ford. The 115-year old automaker is investing $500 million into the Michigan-based EV startup. Along with the cash, Ford... Read more ...

Give This Stock Market Bubble A Round Of Applause - The S&P 500 And The...

Give This Stock Market Bubble A Round Of Applause - The S&P 500 And The Nasdaq Just Hit Brand New Record Highs

Stocks just closed at a brand new all-time record high, ‘Avengers: Endgame' is coming to theaters , and a 24-year-old man from Wisconsin just won the 768 million dollar... Read more ...

Netflix won a big victory in its fight to have its movies continue to be...

Netflix won a big victory in its fight to have its movies continue to be eligible for Oscars

The Academy of Motion Picture Arts and Sciences' Board of Governors voted on Tuesday to keep existing eligibility rules for the Oscars, meaning Netflix is safe to... Read more ...

Caterpillar: 1Q Earnings Snapshot

Caterpillar: 1Q Earnings Snapshot

DEERFIELD, Ill. - Caterpillar Inc. on Wednesday reported first quarter net income of $1.88 billion. Read more ...

Barclays says there will be no job cuts, even as insiders brace for the...

Barclays says there will be no job cuts, even as insiders brace for the worst and an activist ratchets up pressure to gut the investment bank

Senior Barclays staff have been bracing for job cuts following the surprise departure of top executives in the investment bank in recent weeks. But Barclays says there are no... Read more ...

Credly raises $11.1 million to issue and manage digital badges

Credly raises $11.1 million to issue and manage digital badges

New York-based digital credentialing platform Credly has rasied an additional $11.1 million in funding from a raft of investors. Read more ...

MongoDB is acquiring the startup that powers mobile apps from Starbucks...

MongoDB is acquiring the startup that powers mobile apps from Starbucks, Netflix, and McDonald's for $39 million

MongoDB announced Wednesday that it plans to acquire mobile database startup Realm for $39 million. MongoDB says that Realm's database technology is the top choice for building... Read more ...