ChampionX, Schlumberger Shares Move In Opposite Directions After $8B Deal Announcement
The transaction is projected to close before 2024, subject to shareholder and regulatory approval.
SunFireMatrix Goes Supernova: KKR Takes Major Holding In The Purpose-Built Platform
KKR acquires SunFireMatrix, Inc., a software and tech-enabled services platform for insurance and health plan markets. KKR to fund investment through HCSG Fund II. Funds managed by Stone Point Capital LLC, SunFireMatrix's previous majority owner, will remain a significant minority shareholder.
Behind The Numbers: Paychex Delivers 4% Sales Growth In Q3, Raises Eyebrows With Revised Outlook
Paychex reported mixed Q3 results, with 4% sales growth and $1.38 EPS beating estimates. FY24 outlook revised to 5-6% revenue growth.
What’s Going On With Anghami Shares Today?
OSN Group acquires majority stake in Anghami at $3.69 per share, creating an entertainment powerhouse with 120M users, 2.5M subscribers, and $100M in revenue.
Amazon Heats Up AI Battle, Offers Free Credits For Startups To Use Rival Models With AWS
AWS expands free credits program for startups, covers use of other providers' AI models. Amazon aims to boost market share of AI platform.
What’s Going On With GE Aerospace & GE Vernova Stock Today?
GE Aerospace (NYSE: GE) officially launches as a public company following spin-off of GE Vernova (NYSE: GEV), with a strong balance sheet and focus on innovation and customer service. Ringing the bell with GE Vernova at NYSE on April 2, 2024 at 9:30 a.m. ET.
Powering Saudi Vision 2030, Informatica Brings AI Data Cloud to the Kingdom
Informatica Inc. (NYSE: INFA) launches Saudi Arabia's first AI-powered IDMC Platform, furthering their commitment to the country's Vision 2030.
Why Kids Online Clothing Firm Kidpik Shares Are Jumping Premarket Tuesday
Kidpik Corp. (PIK) shares surge on definitive merger agreement with Nina Footwear Corp. resulting in combined company Nina Holdings Corp.
Oil Giant Shell Appeals Landmark Climate Ruling: Report
Dutch court hears Shell's appeal against climate ruling to drastically reduce emissions by 45% by 2030. Shell faces pressure to invest in renewables.
Chevron JV Launches New Drilling Campaign In Venezuela: Report
Chevron's joint venture with PDVSA in Venezuela launched a new drilling campaign, aided by eased U.S. sanctions.