Little-known Florida couple with GameStop winnings continues to build stake in JetBlue
A Florida couple is building up their stake in JetBlue Airways Corp. and has been discussing possible board representation at the airline, according to a...
Salesforce to buy data-security startup Own for $1.9 billion
Salesforce on Thursday announced a deal to acquire cloud startup Own Co. for about $1.9 billion in cash.
Small-cap stocks unloved in ETF flows — but Rob Arnott likes these ‘underdogs’
This week’s ETF Wrap looks under the hood of unusually strong flows in August.
UiPath sees 10% revenue jump on ‘increasing need’ for AI; stock rallies
UiPath also raised its guidance and approved a half a billion stock buyback program.
Markets are uneasy as a U.S. recession looks more likely
Investors have been extra sensitive to weak economic data and talk about an upcoming recession.
Broadcom says it will sell $12 billion in AI parts and custom chips this year
Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in...
Docusign posts earnings beat and turns to next leg of post-pandemic strategy
The e-signature company recently started rolling out a new platform that uses AI and lets customers analyze all their contracts.
Broadcom boosts AI revenue outlook, but stock falls after mixed earnings
While Broadcom beat on infrastructure solutions revenue in the latest quarter, it missed in semiconductor solutions and came up short on its overall revenue outlook...
Trump calls for slashing corporate tax rate — for domestic producers only
Former President Donald Trump, in a speech Thursday, proposed lowering the corporate tax rate to 15% “solely for companies that make their product in America,”...