Crown Castle gives in to Elliott’s demands with fiber unit review, board changes

(Reuters) – Crown Castle (NYSE:CCI) on Wednesday announced a review of its fiber business and replaced two directors on its…

Paramount Global lifted at Wells Fargo on increased probability of 2024 M&A event

Paramount Global (PARA) was lifted to Equal-Weight from Underweight at Wells Fargo on Wednesday, with analysts raising the stock price…

Exec confirms Tesla Semi fleet has reached 100 units

Tesla (NASDAQ:TSLA) VP of Vehicle Engineering, Lars Moravy was recently featured on an episode of Jay Leno’s Garage, alongside Design…

Microsoft Azure gaining steam but Amazon’s AWS still holds top spot – Jefferies

Microsoft (NASDAQ:MSFT) Azure is gaining steam in the cloud market, according to Jefferies analysts in a note Wednesday. However, Amazon…

Pro Research: Wall Street dives into Uber’s robust growth outlook

Uber Technologies Inc. (NYSE:UBER) has been a consistent topic of interest on Wall Street, with analysts closely monitoring its performance…

General Mills cuts annual sales forecast on slowing demand

(Reuters) – General Mills (NYSE:GIS) cut its annual sales forecast on Wednesday, hurt by slowing demand for its higher-priced breakfast…

Futures take a breather after rally; FedEx slides

(Reuters) – U.S. stock index futures inched lower on Wednesday as investors took a breather from a rally that was…

Prada buys New York Fifth Avenue store building for $425 million

(Reuters) – Italian fashion house Prada (OTC:PRDSY) has paid $425 million to buy the building on Fifth Avenue in New…

ByteDance sales surged above $110 billion in 2023 – Bloomberg News

TikTok-owner ByteDance’s sales climbed to more than $110 billion this year, suggesting a possible growth rate greater than rival Tencent,…

Russian court fines Google $50.8 million over ‘fake’ Ukraine information -TASS

(Reuters) – A Russian court fined Alphabet (NASDAQ:GOOGL)’s Google on Wednesday 4.6 billion roubles ($50.84 million) for failing to delete…