Permian Basin Merger Rocks Industryby Terry Bingman 13.02.2024Permian Basin rivals Diamondback Energy and Endeavor Energy Resources are set to merge in a $26 billion deal, making Diamondback ...
Marqo Revolutionizes AI-Powered Searchby Lilu Anderson 13.02.2024Marqo, a vector search company, has raised $12.5 million in funding to develop its advanced search platform. CEO Tom Hamer ...
U.S. Stocks Tumble: Inflation Fear Grips Marketsby Terry Bingman 13.02.2024U.S. stocks slumped as inflation fears persist. Consumer inflation data raised concerns about rising prices and prompted a drop in ...
Amazon Axes Echo Connect, Forces Users to Pay for Safetyby Lilu Anderson 13.02.2024Amazon is shutting down its Echo Connect device, leaving users in search of alternatives for landline calling and emergency assistance. ...
Brighthouse Financial tumbles on unexpected 4Q lossby Mark Eisenberg 13.02.2024Brighthouse Financial shares plummeted 14% after unexpected losses in Q4. The company reported a loss of $917 million, causing concern ...
Meter Secures $35M to Revolutionize AI’s Internet Needsby Lilu Anderson 13.02.2024Networking technology provider, Meter, raises $35 million in funding round, enhancing support for larger customers & developing new software features ...
Nvidia Surpasses Amazon: A New Titan Emergesby Lilu Anderson 13.02.2024Nvidia surpasses Amazon to become the fourth most valuable company in America, driven by high demand for its AI chips. ...
Coca-Cola and PepsiCo: Price Hikes at Risk?by Mark Eisenberg 13.02.2024Coca-Cola and PepsiCo are facing challenges with rising prices and slower sales growth. Maintaining pricing power will be crucial for ...
Textron Surges on Jefferies’ Price Bumpby Mark Eisenberg 13.02.2024Jefferies raises price target for Textron Inc. after positive developments highlighted in its 10-K report, reaffirming a Buy rating. Optimism ...
Paramount Cuts 800 Jobs Despite Super Bowl Gloryby Mark Eisenberg 13.02.2024Paramount Pictures plans to cut 800 jobs as part of cost-cutting measures and efforts to revive earnings growth. Despite a ...