Shell Stock Falls as Exxon Eyes $8 Billion US Chemicals Deal
Shell shares edged lower in London on Monday, August 24, as investors assessed reports that ExxonMobil is competing to buy a US chemicals portfolio that could fetch as much as…
FTSE 100 Falls Today as Iran Sanctions Put BP and Shell on Alert
The FTSE 100 opened almost flat on Monday, August 24, as investors assessed forthcoming US economic measures against Iran, lower oil prices, rising gold and a broad decline across Asian…
Walmart Stock Falls 7% After Q2 Earnings Despite Revenue Beat
Walmart stock fell roughly 7% after the retailer reported a mixed fiscal second quarter. Revenue exceeded Wall Street expectations, e-commerce expanded rapidly and management raised its annual forecast, but US…
HIVE Stock Surges 14% After $350 Million AI Cloud Contract
HIVE Digital Technologies shares surged as much as 14% on Monday after the company announced its largest artificial intelligence cloud contract, a five-year agreement worth approximately $350 million. The Nasdaq-listed…
Shell Share Price Falls 1% Ahead of August 13 Ex-Dividend Date
Shell shares fell 1% in London on August 12, dropping 33.50p to 3,322.50p as the oil major approached its August 13 ex-dividend date. The move placed dividend eligibility, Shell’s $9.8…
Nebius Stock Surges 18% as AI Cloud Revenue Jumps 514% After Q2 Earnings Beat
Nebius Group (NASDAQ: NBIS) gave Wall Street two very different numbers to think about on Wednesday: AI cloud revenue jumped 514%, while quarterly capital expenditure climbed to roughly $5.7 billion.…
Goldman Sachs to Buy Neos Investments for $2.25 Billion, Expanding Active ETF Assets to $80 Billion
Goldman Sachs is making a $2.25 billion bet on the fast-growing active ETF market, agreeing to acquire Neos Investments and add approximately $30 billion in assets to its expanding fund-management…
Meta Stock Jumps 2% as Zuckerberg Makes a Bold AI Move Against China
Meta Platforms (NASDAQ: META) shares climbed more than 2% in Monday premarket trading as investors reacted to Mark Zuckerberg’s latest artificial intelligence push and the company’s growing competition with Chinese…