Alvys has secured $40 million in Series B funding to accelerate its mission of transforming freight operations through AI and automation. The round, led by RTP Global with participation from Alpha Square Group, Titanium Ventures, Picus Capital, and Bonfire Ventures, brings the company’s total funding to $77 million. The investment comes just over a year after its Series A and highlights the market’s growing appetite for intelligent, automated transportation management solutions. Founded in 2020, Alvys offe ...

Key Points Morgan Stanley lifted its price target for AppLovin to $750 and reiterated an overweight rating. The bank highlighted the Oct. 1 soft launch of Axon Ads Manager, a self-serve tool aimed at nongaming advertisers, as a near-term catalyst. This follows other recent bullish analyst calls, underscoring optimism about Axon's expansion beyond gaming. 10 stocks we like better than AppLovin › AppLovin (NASDAQ: APP) shares were climbing on Monday -- up as much as 7.8% as of 11:10 a.m. ET. Investo ...

An annual survey conducted by industrial real estate investment trust Prologis revealed supply chain managers are becoming increasingly concerned with reliable energy sources for the warehouses they operate. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and discover what’s next. Register now! Of the 1,816 senior executives polled across the globe, 89% said they experienced an energy-related disruption to operations over the past yea ...

Toyota (TM) reported another bump-up in global sales for August, with the US consumer powering the gains. The world’s largest automaker by volume said global sales rose 2.2% in August year over year to nearly 845,000 units sold, with the company marking its eighth straight month of sales gains. Toyota’s year-to-date sales through August hit 6.9 million units, up 5% compared to last year. The US, the largest market for the Japanese automaker, marked the biggest gains for Toyota. Sales in August hit 225,3 ...

After a long slump, Nike may be lacing up for a sprint. Ahead of tomorrow’s earnings, Jefferies has told investors to “just buy it,” arguing that the Swoosh is waking from hibernation and is about to trade like the sleeping bear that finally got out of bed. That’s a bold call for a stock that has spent the past two years sliding. Nike is down roughly 22% over the last year, battered by overstuffed shelves, shrinking margins, and nimbler rivals such as Hoka and On that have turned the running boom into the ...

Strategy Inc. (NASDAQ: MSTR) has bought 196 Bitcoin (CRYPTO: BTC) for $22.1 million, lifting its total holdings to 640,031 BTC, according to an SEC filing on Monday. ATM Equity Sales Fund Fresh Bitcoin Buys The company disclosed Monday it funded the Bitcoin purchase through its at-the-market equity programs. Between Sept. 22 and Sept. 28, it sold preferred and common shares totaling $128.1 million in proceeds, with part allocated to Bitcoin acquisitions. The latest buy lifts Strategy's aggregate Bitcoin ...

Gabe Ginsberg/Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. There’s a long list of celebrities who made a fortune and lost it all. Burt Reynolds, Mike Tyson and Curtis “50 Cent” Jackson have all filed for bankruptcy in the past. Francis Ford Coppola has filed for bankruptcy three times. Many believed Robert Van Winkle, better known as Vanilla Ice, would make that list after his music career withered away. However, the rap star has manage ...

Updated 8:54 am EST to reflect the $55 billion leveraged buyout. Video-gaming giant Electronic Arts’  (EA) year just got even better. Shares of the video-gaming juggernaut have quietly outperformed into fall, up nearly 32% year-to-date, 33% over six months, and a superb 12% in the past month alone, before Friday’s fireworks. For those unfamiliar, EA makes and publishes some of the biggest entertainment franchises. Founded in 1982, the Redwood City–based publisher is behind: EA Sports FC (formerly FIFA) ...

Strategy notched its third smallest Bitcoin acquisition of the year on Monday, disclosing that it only bought $22 million worth of the asset, according to a press release. The Tysons, Virginia-based firm now owns roughly 64,000 Bitcoin, which was worth $73.1 billion on Monday, as Bitcoin climbed past $114,000, according to crypto data provider CoinGecko. That sum represented around 3% of the Bitcoin that will ever be mined. Although the Bitcoin purchase that Strategy disclosed on Monday was its smallest sin ...

Key Points Costco turned in another strong quarter. However, its stock has not gained any traction this year. A high valuation could keep the stock rangebound. 10 stocks we like better than Costco Wholesale › Costco Wholesale (NASDAQ: COST) once again turned in another strong quarter, but its stock wasn't able to gain any traction. The stock is up about 165% over the past five years, but is flattish year to date. While the retailer has seen a lot of operational momentum, its stock now appears stu ...