SpaceX Slides, IBM Gains on AI Deal, AMC Sells 95M Shares for $200M
SpaceX (SPCX) shares are heading into a fourth consecutive day of losses, approaching their IPO low of $149.34. IBM stock climbed after the company announced a partnership with OpenAI to bring artificial intelligence to cyber defense. AMC Entertainment entered a definitive agreement to sell 95.25 million shares to institutional investors for gross proceeds of roughly $200 million.
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