Finance

Intel Advances AI Memory Capabilities Through New Partnership with SoftBank Subsidiary

Collaboration targets breakthrough memory technology with prototypes by 2027 and commercialization by 2030 amid mixed recent earnings

Intel Corporation has entered a strategic collaboration with SoftBank Group's subsidiary, Saimemory, aiming to develop advanced memory solutions to me...

Velo3D Shares Surge Amidst Expanded Defense Manufacturing Contract

Strategic Partnership with Mears Machine Secures Significant Multi-Year Revenue Stream

Velo3D Inc.'s stock experienced a notable rise following Mears Machine Corporation's announcement of a substantial 10-year manufacturing agreement wit...

Decline in Toast Inc. Shares Linked to PayPal's Recent Financial Results

Analyzing the Impact of PayPal Holdings' Earnings on Toast's Market Performance

Toast Inc. experienced a notable downturn in its stock price following the release of PayPal Holdings Inc.'s earnings report. The shares of Toast fell...

SLB Secures $1.5 Billion Contract to Develop Kuwait's Mutriba Oil Field

Five-Year Partnership Focused on Advanced Field Design, Cost Efficiency, and Environmental Responsibility

SLB has entered a significant five-year agreement worth $1.5 billion with Kuwait Oil Company that encompasses comprehensive services for the Mutriba o...

Tian Ruixiang Holdings Advances Digital Asset Strategy with Bitcoin Investment and AI Collaboration

NASDAQ-listed Company Sees Stock Surge Following Strategic Partnership in Cryptocurrency and Artificial Intelligence

Tian Ruixiang Holdings Ltd has seen its stock price increase sharply after announcing a comprehensive strategic alliance involving a substantial Bitco...

GE Vernova and Xcel Energy Forge Long-Term Alliance to Boost Energy Infrastructure

Strategic pact positions both companies to advance grid modernization and renewables through the 2030s

GE Vernova Inc. has entered into a strategic alliance with U.S. utility Xcel Energy aimed at strengthening energy infrastructure and generation capabi...

Evaluating XRP's Position in the Cryptocurrency Landscape

Assessing the Potential and Challenges of Ripple Labs' XRP Token amid Market Volatility

XRP, the cryptocurrency native to Ripple Labs' blockchain network, has experienced significant growth since its inception but currently faces multiple...

Darden Restaurants to Close Half of Bahama Breeze Locations Amid Strategic Brand Reevaluation

Company Plans 14 Permanent Closures and Convertible Transformations to Optimize Brand Portfolio

Darden Restaurants announced a significant restructuring of its Bahama Breeze brand, deciding to close 14 of its 28 locations and convert the remainde...

Salesforce Shares Reach New 52-Week Low Amid Sector-Wide Headwinds

Cloud Software Sector Weakness and Analyst Revisions Pressure CRM Stock

Salesforce Inc. witnessed a notable decline in its stock price on Tuesday, reaching a fresh 52-week low. The drop follows recent earnings results from...

Super Micro Computer Shares Slide Ahead of Q2 Earnings with Mixed Analyst Reviews

Investors brace for Super Micro Computer's quarterly report amid revenue forecasts and divergent analyst opinions

Shares of Super Micro Computer Inc experienced a decline in trading ahead of the company's scheduled release of second-quarter earnings after market c...

Visa and UnionPay International to Launch Integrated Cross-Border Transfer Service to Mainland China

New Partnership Aims to Enhance Efficiency and Security for Global Remittances into China by 2026

Visa Inc. has entered into a partnership with UnionPay International (UPI) to enable money transfers into Mainland China using Visa Direct. Once activ...

Chipotle's Stock Sees Modest Gains as Anticipation Builds for Upcoming Earnings and Promotional Initiatives

Investors React to Promotional Campaign and Await Quarterly Report Amid Mixed Market Trends

Shares of Chipotle Mexican Grill experienced a slight increase as the company launched a $1 million free entrée giveaway and prepared for its forthco...