Choice Hotels Reports Record Q2 Earnings Surgeby Mark Eisenberg 09.08.2024Choice Hotels posts record Q2 earnings with 22% growth in global room pipeline. Upscale growth and strategic expansions lead the ...
Recursion to Acquire Exscientia for $688M in AI-Powered Dealby Mark Eisenberg 09.08.2024Recursion Pharmaceuticals acquires Exscientia to enhance AI drug discovery, potentially saving millions in drug development costs.
Paramount Global Surges 5% Despite Revenue Missby Mark Eisenberg 09.08.2024Paramount Global beats Q2 earnings expectations; stock rises 5.4% amidst revenue shortfall in challenging media market.
Brookfield Reports Strong Q2, Eyes Growth Opportunitiesby Mark Eisenberg 09.08.2024Brookfield's impressive Q2 results highlight growth in renewable energy and data centers, positioning for future success.
Blue Owl Capital’s Strong Quarter & Merger Plansby Mark Eisenberg 09.08.2024Blue Owl Capital reports strong Q2 2024 earnings and plans merger with OBDE to enhance scale and liquidity.
Commerzbank Targets 2024 Growth Amid Challengesby Mark Eisenberg 09.08.2024Commerzbank maintains 2024 goals despite Q2 challenges, plans €1.6B capital return. Solid loan demand and strategic investments.
Vistra’s Strong Q2 Earnings Driven by Diversified Portfolioby Mark Eisenberg 09.08.2024Vistra reports a 40% increase in EBITDA, crediting its diversified portfolio. The company raises 2025 forecast amid strategic growth.
CRC Eyes Cash Flow Boost, Data Center Market Entryby Mark Eisenberg 09.08.2024CRC to double cash flow post-Aera merger, exploring data centers and carbon-free power. Strong Q2 financials support growth plans.
Light & Wonder’s Strong Q2: Revenue and Growth Surgeby Mark Eisenberg 08.08.2024Light & Wonder reports 12% Q2 revenue growth, $175M operating income. Gaming revenue rises 14% amid strategic investments.
Exscientia and Recursion Merge to Form AI Drug Discovery Giantby Lilu Anderson 08.08.2024Exscientia merges into Recursion to form a $850 million AI drug discovery powerhouse, focusing on oncology and rare diseases.