Equities Archives - Page 31 of 1061

2 minute read

FuelCell Energy Beats Projections In Q2, Fuels Hope With New Projects

June 10, 9:42 AM

FCEL reported Q2 fiscal 2024 results with revenue decline of 43%, beating consensus. The company recently announced new partnerships and added a $160 million agreement to backlog.

FCEL

2 minute read

Amazon Accused Of Violating UK Sanctions By Selling Facial Recognition Tech To Russia: Report

By Benzinga Neuro

June 10, 9:37 AM

A former employee of Amazon.com has accused the company of violating UK sanctions by selling its facial recognition technology to Russia. The ex-employee, Charles Forrest, has alleged that Amazon continued to supply the technology to Russia even after the country's invasion of Ukraine.

AMZN

2 minute read

What’s Happening With Eli Lilly Shares On Monday?

By Shivani Kumaresan

June 10, 9:18 AM

Eli Lilly reports detailed results from the SYNERGY-NASH phase 2 study. The trial, involving 190 patients with and without type 2 diabetes, showed tirzepatide met the primary endpoint, achieving MASH resolution without fibrosis worsening. Participants taking 5 mg, 10 mg, and 15 mg doses saw significant improvements compared to placebo, presented at the EASL Congress 2024.

LLY

2 minute read

Macron’s Snap Election Gamble Shocks European Markets: Euro Eyes Worst 2-Day Performance In 15 Months

By Piero Cingari

June 10, 8:57 AM

European financial markets tumble after far-right parties gain in European Parliament elections, causing uncertainty and potential challenges.

BNPQY

1 minute read

Why Palantir Stock Is Falling In Premarket Today

By Shanthi Rexaline

June 10, 8:39 AM

Palantir, which has made a name for itself in AI, with its proprietary AIP platform, did not make it to the S&P 500 Index for a second straight time.

CRWD

2 minute read

Perion Network Slashes Q2, FY24 Outlook Amid Microsoft Bing Ad Pricing Changes, Stock Tumbles

By Lekha Gupta

June 10, 8:39 AM

Perion Network lowers Q2 and FY24 financial guidance due to changes in Microsoft's Bing advertising pricing and decline in revenue from standard video and display formats.

MSFT

2 minute read

Cognizant Strengthens Engineering Muscle with $1.3B Belcan Buyout: Details

By Lekha Gupta

June 10, 8:24 AM

Cognizant Technology Solutions to acquire Belcan, LLC for $1.3B in cash and stock, expanding its ER&D capabilities and presence in aerospace/defense. Deal expected to close in Sept. 2024, with $800M annual revenue contribution and EPS accretion by 2026.

CTSH

1 minute read

Nvidia Stock Poised For 3rd Straight Down Day: What’s Going On With AI Stalwart

By Shanthi Rexaline

June 10, 8:13 AM

Nvidia has been the flagbearer of the AI revolution and the stock has factored in the potential the technology offers for the company.

NVDA

2 minute read

Critical Metals Secures ~$211M Deal For Tanbreez Rare Earth Mine To Counter China

By Shivani Kumaresan

June 10, 8:09 AM

Critical Metals Corp. (NASDAQ: CRML) has signed an agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine from Rimbal Pty Ltd. The Tanbreez Project, permitted by the Greenland Government, will enhance the supply of valuable heavy rare earth elements (HREEs) for electrification and next-gen technologies in Europe and North America, offering sustainable and long-term solutions.

CRML

2 minute read

BP Tightens Workplace Relationship Rules After CEO Firing: Report

By Lekha Gupta

June 10, 7:44 AM

BP updates policy, requires employees to disclose intimate relationships or face termination. CEO's dismissal for non-disclosure cited as reason.