Equities Archives - Page 46 of 1061

2 minute read

What’s Going On With Cisco Systems Stock On Tuesday?

June 4, 2:16 PM

Cisco Investments launches a $1 billion AI fund to support startups and secure AI solutions. Strategic investments in Cohere, Mistral AI, and Scale AI will enhance Cisco's AI innovation. Nearly $200 million has already been allocated.

CSCO

2 minute read

United Airlines Hits Brakes On Hiring This Year Due To Boeing Woes: Report

By Nabaparna Bhattacharya

June 4, 1:46 PM

United Airlines is scaling back hiring due to Boeing's aircraft delivery delays, despite strong earnings outlook.

1 minute read

Why Trump-Linked Phunware Shares Are Falling Today

By Nabaparna Bhattacharya

June 4, 1:34 PM

Phunware may offer and sell, from time to time, shares of the company's common stock, par value $0.0001 per share, for aggregate gross proceeds of up to $120 million

PHUN

2 minute read

TC Energy Shareholders Approve Spin-Off Of Liquids Pipeline Business: Report

By Lekha Gupta

June 4, 1:23 PM

Shareholders approve creation of new energy infrastructure company, South Bow Corp, which will hold assets like Keystone pipeline. TC Energy CEO says spin-off will maximize value.

ATMP

2 minute read

Occidental Take Lithium Leap With Berkshire Hathaway’s Subsidiary

By Lekha Gupta

June 4, 1:02 PM

Occidental Petroleum subsidiary TerraLithium partners with BHE Renewables to extract high-purity lithium from geothermal brine.

BRK

2 minute read

Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What’s Driving Markets Tuesday?

By Piero Cingari

June 4, 1:00 PM

Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets.

BBWI

2 minute read

Shutterstock Expands AI Horizons: New Partnership with Reka AI to Enhance Digital Asset Metadata

By Shivani Kumaresan

June 4, 12:51 PM

Shutterstock unlocks new growth avenues by licensing its extensive media library to train AI models. The company has entered into a partnership with Reka AI, a startup specializing in large language models. The financial terms were not disclosed.

AAPL

2 minute read

What’s Going On With Ford Motor Stock On Tuesday?

By Nabaparna Bhattacharya

June 4, 12:19 PM

Ford's electric vehicle sales for May jumped 64.7% year over year to 8,966 units, while sales for hybrid vehicles rose 64.5% year over year to 17,631 units.