Supreme Court Upholds 2017 Tax On Foreign Profits For US Businesses
US Supreme Court upholds 2017 tax on foreign business income, citing Congress' constitutional power to tax. Justices Kavanaugh, Thomas, and Gorsuch dissented.
Why LongHorn Steakhouse Owner Darden Restaurants Shares Are Surging Today
Darden Restaurants reported Q4 results, and increased its dividend. The company also expects same-restaurant sales growth of 1.0% to 2.0% and new restaurant openings of 45 to 50.
Canadian Cannabis Co. Village Farms Targets Dutch Market, Plans To Begin Production In Netherlands By Q4 2024
Village Farms International, Inc.
Samsara Set To Disrupt $19B Telematics Industry: Analyst Predicts AI Dash Cam Expansion
Samsara reported is a leader in AI dash cam and is now disrupting the vehicle telematics industry. Analysts recommend buying with $37 target.
Gold Rises 1%; Accenture Shares Surge After Q3 Results
U.S. stocks traded mostly higher midway through trading, with the Dow Jones gaining over 50 points on Thursday.…
Why Is Gilead Sciences Stock Trading Higher On Thursday?
Gilead Sciences announced its Phase 3 PURPOSE 1 trial results showing 100% efficacy of twice-yearly injectable lenacapavir in preventing HIV-1 in cisgender women. The trial met key efficacy endpoints, demonstrating superiority over daily Truvada and background HIV incidence.
BP Doubles Down On Biofuels: Buys Out Bunge Bioenergia for $1.4B
BP to acquire Bunge's 50% stake in joint venture for $1.4 billion, consolidating financial results and supporting growth in bioenergy.
PayPal Taps Walmart’s Srini Venkatesan as New CTO
PayPal appoints Srini Venkatesan of Walmart as new CTO, effective June 24. He will oversee technology development and implementation across the ecosystem.
Reddit Stock Down 12% In 5 Days — Redditors Anticipate Consolidation Before ‘Next Wave Hits Early July’
Reddit stock (NYSE:RDDT) down 12.13% in past 5 days, closing at $60.21. Redditors discuss future prospects and potential for rebound in July.
Why Commercial Metals Shares Are Surging Today
Commercial Metals reported third-quarter results with net sales of $2.078 billion. Europe Steel Group saw improved performance. Available liquidity at $1.5 billion. Quarterly dividend of $0.18 announced. Expecting consistent results in Q4.