Index Slides After Uptick in Wholesale Inflation
Key Takeaways The S&P 500 dropped 0.3% on Thursday, March 14, 2024, as the latest …
Apple Reportedly Buys DarwinAI in iPhone Maker’s Push Into AI Race
Key Takeaways Apple reportedly bought DarwinAI, a Canadian artificial intelligence startup, as Apple works to …
European Regulators Give OK for Cisco Systems’ Purchase of Splunk
Key Takeaways European regulators gave their approval to networking equipment maker Cisco Systems Inc.’s $28 …
Oracle Adds New GenAI Features to Cloud Applications and Expands Microsoft Partnership
Key Takeaways Oracle announced new artificial intelligence (AI) features in its cloud applications suite and …
AB InBev Stock Falls as Altria Announces Plans to Sells Shares in Bud Light Maker
Key Takeaways Altria is selling off part of its 10% stake in Anheuser-Busch InBev, valued …
Wholesale Prices Jumped in February, Adding To Inflation Pressures
The Producer Price Index, a measure of wholesale prices, rose more than forecasters had expected …
AstraZeneca To Buy Amolyt Pharma for $1.05B To Expand Rare Disease Pipeline
Key Takeaways AstraZeneca PLC is acquiring Amolyt Pharma for $1.05 billion to strengthen its pipeline …
Shell Moderates its Ambitions for Near-Term Emission Cuts
Key takeaways Shell has moderated its near-term carbon emission cut ambitions, targeting a 15-20% reduction …
Dollar General Stock Rises After Earnings Beat
Key Takeaways Dollar General shares rose Thursday morning as the retailer reported fourth-quarter earnings that …
U.S. Steel Stock Drops as Biden Will Reportedly Raise Concerns About Nippon Steel Deal
Key Takeaways U.S. Steel Corp. shares tumbled almost 13% Wednesday after reports saying President Joe …