Shoals rallies 12% after beat-and-raise quarter; analysts positive surprised
Shoals Technologies Group (NASDAQ:SHLS) shares surged over 12% after the solar-energy equipment maker reported stronger-than-expected Q1 results and raised its full-year…
IBM unveils new watsonx, AI and data platform
(Reuters) – International Business Machines (NYSE:IBM) Corp on Tuesday launched watsonx, a new artificial intelligence and data platform to help…
Iveco to fully own venture with Nikola on electric, hybrid trucks
MILAN (Reuters) – Iveco Group will buy full ownership of its joint venture with U.S. start-up Nikola Corp which develops…
Suncor Energy’s quarterly profit beats estimates on strong demand
(Reuters) – Canada’s Suncor Energy (NYSE:SU) Inc reported a better-than-expected first-quarter profit on Monday, helped by steady demand for energy…
LinkedIn cuts over 700 jobs, phases out China app as demand wavers
(Reuters) – LinkedIn, the social media network owned by Microsoft Corp (NASDAQ:MSFT) that focuses on business professionals, said on Monday it would…
PayPal adjusted margin forecast cut eclipses higher profit expectations
(Reuters) – PayPal Holdings Inc (NASDAQ:PYPL) on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending…
Li-Cycle and Glencore unveil plans for recycling hub in Italy
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along…
Brazil’s ride-hailing app 99 aims to double electric cars within a year
(Reuters) – Brazilian ride-hailing app 99 is planning to more than double the number of electric cars serving its passengers…
Virgin Galactic to start commercial flight in late June, shares rise
(Reuters) – Space-tourism company Virgin Galactic Holdings (NYSE:SPCE) said on Monday that a four-member test flight will take place in…
Truecaller aims to help WhatsApp users combat spam
(Reuters) – Truecaller will soon start making its caller identification service available over WhatsApp and other messaging apps to help…