Chevron Seeks Profitability Shift with Sale of Congo Operations for $1.5B
Chevron Corporation (NYSE: CVX) plans to sell its oil and gas assets in Congo to focus on more profitable production.
EV Startup Arrival Gets Hope For Survival From US IRA Subsidies: Report
Arrival (NASDAQ: ARVL) reportedly expects its recently disclosed merger deal and significant subsidies from the US Inflation Reduction Act (IRA) to drive its business growth.
Airbus Bags Order For 43 Helicopters From Air Corporate, Marks Its Largest Ever Commercial Helicopter Deal In Italy
Airbus SE (OTC:EADSY) (OTC:EADSF) has received a firm order for 43 helicopters from business aviation operator Air Corporate in Italy. The…
Why Nutanix Shares Are Skyrocketing Today
Nutanix Inc (NASDAQ:NTNX) reported a Q3 FY23 revenue increase of 11% Y/Y to $448.6 million, beating the consensus of $432.9…
Why c3.ai Stock Is Shooting Higher In Thursday’s Premarket
The optimism relayed by Nvidia Corp.’s (NASDAQ:NVDA) first-quarter results have proved to be contagious, as it has set…
Nvidia Gets A New Street-High Price Target After Blowout Quarter
Nvidia Corp. (NASDAQ:NVDA) received a Street-high price target close on the heels of its first-quarter earnings, although the…
Why Virgin Galactic Stock Is Flying Higher Premarket Today
Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares were soaring in premarket trading on Thursday. In premarket trading, the stock…
Why Splunk Shares Are Gaining Today
Splunk Inc (NASDAQ:SPLK) reported Q1 FY24 revenue of $752 million, beating the consensus of $722 million. Cloud revenue grew 30%…
Weibo Stock Gains After Special Dividend Approval; Marginally Misses Q1 Topline As Business Gradually Recovers From Pandemic
Weibo Corp (NASDAQ: WB) reported a first-quarter FY23 revenue decline of 15% year-on-year to $413.8 million, missing the consensus of…
Bill Ackman Thinks Rival Icahn’s Firm Still Overvalued After Hindenburg Report: ‘Reminds Me Somewhat Of Archegos’
Pershing Square Capital Management founder and CEO Bill Ackman weighed in on billionaire Carl Icahn and his company following the release of a short…