Microsoft will invest billions to fund French AI startup Mistral's European computing infrastructure, a move that expands the availability of Mistral's models on Azure and addresses growing demand for regional technological sovereignty.
Activist investor Barington Capital Group has publicly called on Chemed Corp. to conduct a strategic review and refresh its board, arguing the company's structure is undervaluing its hospice and plumbing businesses.
JPMorgan analysts argue that a recent 14% decline in clean energy and power infrastructure stocks presents an attractive entry point for investors, citing robust long-term demand from data centers and electrification.
Brokerage giant Charles Schwab reported a record profit for the second quarter, driven by a historic surge in daily trading volume and a significant increase in asset management fees amid market volatility.
Shares of the athletic apparel retailer fell after a Wells Fargo analyst lowered financial projections below consensus, citing 'deep-rooted' issues and a challenging recovery in key markets.
Saudi Arabia's Tadawul All Share index closed down 0.40% on Tuesday, reaching its lowest point in three months as losses in the financial services and construction sectors weighed on the market.
Shares of the software supply chain company declined after Morgan Stanley lowered its rating to Equalweight, citing the stock's significant run-up despite raising its price target to $95.
Halliburton shares fell after the oilfield services company reported second-quarter results that, while topping estimates, failed to deliver the strong upside surprise investors had anticipated amid a challenging sector environment.
BTIG has lowered its rating on TripAdvisor to Neutral from Buy, citing significant risks from AI-driven search, weakening traffic, and a lack of near-term strategic catalysts following the sale of TheFork.
