Elon Musk’s X Corp., previously known as Twitter, filed a lawsuit accusing Media Matters for America of intentionally attempting to drive away advertisers from the social media platform. The lawsuit claims that Media Matters maliciously reported that ads for Apple Inc., International Business Machines Corp., and Oracle Corp. were running alongside pro-Nazi content. The report …
In an announcement, Salesforce’s Marc Benioff revealed that Denise Dresser, a long-serving executive, is set to take over as CEO of Slack, replacing Lidiane Jones. Since being acquired by Salesforce in 2020, Dresser will be the third CEO of the unit. Prior to joining the dating app Bumble as CEO in 2024, Jones was announced …
An Exxon gas station sign in the Brooklyn borough of New York City, Oct. 6, 2023. Michael M. Santiago | Getty Images Discover the companies making headlines before the bell: Walt Disney — Shares of the media giant surged over 1% following the report by The Wall Street Journal that activist investor Nelson Peltz’s Trian …
With the stock market deeply oversold this week, we strategically invested our cash in various sectors, such as energy, technology, and materials. Additionally, we added a former Club chipmaker to our Bullpen and upgraded a premium beer brand to a buy rating. The market’s Friday reversal allowed us to fulfill our commitment to trim a …
Oracle Co-founder Larry Ellison, left, and Microsoft Co-founder Bill Gates watch a match between Gael Monfils of France and Alexander Zverev of Germany during the BNP Paribas Open in Indian Wells, Calif., on Oct. 13, 2021. Sean M. Haffey | Getty Images Larry Ellison, the co-founder, chairman and chief technology officer of Oracle, has been …
Traders work on the floor of the New York Stock Exchange, July 12, 2023. Brendan Mcdermid | Reuters Discover the latest trending companies during midday trading. Oracle witnessed a 13.5% decline following disappointing earnings and revenue projections for the second quarter. Analysts expected Oracle’s revenue to reach $12.47 billion, but it fell short at $12.45 …
Safra Catz, CEO of Oracle Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. Brendan Mcdermid | Reuters Discover the companies capturing attention prior to the market opening Oracle – Shares plummeted by 10% before the opening bell as the company announced lower-than-anticipated revenue …
Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Discover the companies attracting attention in premarket trading on Monday. Tenable Holdings — The provider of exposure management solutions experienced a 3% increase before the market opened after JPMorgan upgraded its rating from neutral to overweight. The bank stated that the company’s future business fundamentals are expected …
In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Occidental Petroleum, Halliburton, EOG Resources — Shares of oil and gas companies were higher Tuesday after Saudi Arabia extended its voluntary crude oil production cut. Occidental Petroleum gained about 2.5%, …
Check out the companies making headlines in premarket trading. Zynex, Coherus BioSciences, Universal Insurance Holdings — Coherus, Zynex and Universal Insurance stock fell on news from S&P 500 Dow Jones indices that the stocks would be moving within smallcap indexes. Coherus is leaving the Midcap 400 for the midcap 600, while Universal Insurance is leaving …