WS #13870
Joby Aviation acquires Resonant Sciences for $500M to expand defense; Morgan Stanley sees SpaceX more than doubling on Cursor AI; Anson Funds urges Lionsgate to sell; Cisco options brace for ~8% earnings swing; Alcon targets 12-15% EPS growth. Nvidia partners with six major financial institutions to raise $500B for AI infrastructure, turning chips into an investable asset class; analysts see it alleviating circular financing concerns, boosting AI infrastructure names.
Corporate Earnings and M&A
Joby Aviation acquires Resonant Sciences for $500M to expand defense; Morgan Stanley sees SpaceX more than doubling on Cursor AI; Anson Funds urges Lionsgate to sell; Cisco options brace for ~8% earnings swing; Alcon targets 12-15% EPS growth.
Nvidia partners with six major financial institutions to raise $500B for AI infrastructure, turning chips into an investable asset class; analysts see it alleviating circular financing concerns, boosting AI infrastructure names.