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Lekha Gupta

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Impacts Of OECD’s Global Minimum Tax: Analyst Downgrades Wheaton Precious Metals

By Lekha Gupta
May 23, 3:00 PM
RBC Capital Markets analyst Josh Wolfson downgraded Wheaton Precious Metals Corp (NYSE:WPM) to Sector Perform from Outperform at a decreased price target…

WPM

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Dell-NVIDIA Unveil Project Helix, Assisting Enterprises In Creating Trusted Generative AI

By Lekha Gupta
May 23, 2:00 PM
Dell Technologies Inc (NYSE:DELL) announced a collaboration with NVIDIA Corp (NASDAQ:NVDA) to launch Project Helix to assist enterprises in building and…

DELL

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TELUS Invests C$81B Across Canada For Network Advancement

By Lekha Gupta
May 23, 12:51 PM
TELUS Corporation (NYSE:TU) announced several investments in network infrastructure, operations, and spectrum worth C$81 billion across Canada over the next…

TU

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GIPHY To Divorce from Meta: Shutterstock To Buy The Company While Meta Secures Access Rights Content

By Lekha Gupta
May 23, 10:13 AM
Shutterstock Inc (NYSE: SSTK) disclosed the acquisition of GIPHY, Inc. from Meta Platforms, Inc (NASDAQ: META) for $53 million.

META

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KBR Bags New Contract, Boosting Its Presence In The Indo-Pacific Region

By Lekha Gupta
May 23, 9:45 AM
KBR Inc (NYSE:KBR) has received a contract worth $24 million from 94th Army Air and Missile Defense Command (94th AAMDC)…

KBR

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Navios Maritime Partners Q1: Earnings Miss, 31% Revenue Growth, Modernizing Fleet & More

By Lekha Gupta
May 23, 9:23 AM
Navios Maritime Partners L.P. (NYSE:NMM) reported Q1 2023 revenue growth of 30.8% Y/Y to $309.5 million, missing the consensus of $312.00…

NMM

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Micron Technology Projects China Ban To Curb Revenues

By Lekha Gupta
May 23, 9:17 AM
Micron Technology Inc (NASDAQ: MU) projects the recent China ban on memory chip sales to curb revenues. 

MU

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Seadrill Q1 Revenues Rise 17% Q/Q, Reports Near-Fully Utilized Fleet

By Lekha Gupta
May 23, 8:53 AM
Seadrill Limited (NYSE:SDRL) reported a Q1 2023 operating revenue of $266 million (+17% Q/Q), with technical utilization of 96%. Seadrill…

SDRL

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BJ’s Wholesale Club Posts Mixed Q1, Reaffirms FY23 Outlook

By Lekha Gupta
May 23, 8:34 AM
BJ’s Wholesale Club Holdings Inc (NYSE:BJ) reported a Q1 2023 revenue growth of 5.0% Y/Y to $4.72 billion, missing the…

BJ

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Visa Opens Fifth Global Hub In Poland To Drive Innovations

By Lekha Gupta
May 23, 7:53 AM
Visa Inc (NYSE:V) disclosed opening a facility in Poland to serve as its fifth major strategic global Technology and Product…

V

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