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The US Strategic Petroleum Reserve fell by 6.1 million barrels to 298.7 million barrels last week, according to Department of Energy data released Monday, marking its lowest level since January 1983 and the first time the reserve has fallen below 300 million barrels since …
Bowman Consulting Group (Nasdaq:BWMN) shares are surging Monday after the company announced a definitive agreement to be acquired by Bernhard Capital Partners, an infrastructure and services-focusedPrivate Equityfirm, for $43.00 per share in an all-cash transaction valued at approximately $1.0 billion inEnterprise value. The purchase …
Cardinal Infrastructure Group (Nasdaq:CDNL) shares are declining sharply Monday, down 6.04% intraday, even as a fresh 13F filing showed Renaissance Technologies and several other institutional investors initiating or adding to positions during the third quarter. The pullback comes despite mixed analyst sentiment, with Stifel …
Fluor (NYSE:FLR) shares are giving back a significant portion of last week's earnings-driven rally Monday, falling sharply after surging nearly 17% on Friday followingBlowoutsecond-quarter results that included a major new-award Aramco program management agreement. Despite the pullback, sentiment on Wall Street remains largely constructive, …
National Energy Services Reunited (Nasdaq:NESR) shares surged Monday after the company reported blowout second-quarter 2026 results before the market open, with revenue jumping 59.1% year-over-year to a record $520.8 million, well ahead of the $448.5 million analysts had expected. AdjustedDiluted Earnings per Shareof $0.44 …
Today's session produced a broad rally across cloud infrastructure,Cybersecurity, and internet-media names. Fastly (Nasdaq: FSLY) exploded more than 20% on heavyVolume, Akamai (NASDAQ: AKAM) and Netskope (NASDAQ: NTSK) both gained nearly 6%, and Tencent Music (NYSE: TME) and Cloudflare (NYSE: NET) added further gains …
Today's session produced a sweeping rally across genomics, medical-device, data-security, and healthcare-services names. 10x Genomics (Nasdaq: TXG) surged nearly 13%, Butterfly Network (NYSE: BFLY), Rubrik (NYSE: RBRK), and LifeStance Health (NASDAQ: LFST) all gained more than 10%, and RadNet (NASDAQ: RDNT) added a further …
Meta CEO Mark Zuckerberg published a 6,500-word letter on Monday titled "The Future is for Everyone: The Path to a Positive AI Future," arguing that the greatest risk to AI's development is the concentration of superintelligent AI power in the hands of a small …
Intel (Nasdaq:INTC) announced a proposed $15 billion underwritten public offering of common stock, with shares declining nearly 3% in trading. The company said net proceeds will be used for general corporate purposes, which may include capital expenditures and working capital, as it looks to …
Most of the artificial intelligence products that have entered mainstream use over the past two years, from ChatGPT to Google Gemini, run on servers housed in large data centres and are accessed over the internet. Every query travels to the cloud, is processed remotely, …
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