Occidental Petroleum will acquire Carbon Engineering in a deal valued at more than $1 billion, the latest sign of burgeoning interest among oil majors in companies focused on carbon mitigation. The transaction is expected to close by the end of the year, according to a Tuesday release , and...
Nvidia headquarters in Santa Clara, California, Feb. 23, 2021.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Nvidia — The chipmaker climbed 3,2% ahead of its quarterly report set for release after the bell. Expectations are high for the chipmaker after its shockingly...
An exterior view of the Nvidia headquarters in Santa Clara, California, May 30, 2023.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.Palo Alto Networks — The security software provider jumped 14.8% after Palo Alto beat expectations for earnings when reporting after the bell Friday. Goldman...
Check out the companies making headlines in midday trading.Target — Target shares added 2.9% even after the retailer cut its full-year earnings forecast and second-quarter sales fell short of expectations. The company reported earnings of $1.80 per share on revenue of $24.77 billion. Wall Street analysts surveyed by Refinitiv...
Workers replace a roller that compresses steel at the A&T Stainless steel plant in Midland, Pennsylvania, March 2, 2020.Michael Rayne Swensen | Bloomberg via Getty ImagesCheck out the companies making headlines in premarket trading.U.S. Steel — Shares of the steel producer surged more than 26% premarket after it rejected a...
Jamie Grill | Getty ImagesBack-to-school shopping hasn't been easy this year for Lauren Cyr.The mother of three has searched for deals and spread out her shopping across multiple paychecks. Still, the 31-year-old sees higher price tags on everything from backpacks to paper — and the summer ritual is squeezing...
Paul Morigi | Getty Images Entertainment | Getty ImagesWarren Buffett said Americans should not be concerned about their bank deposits in the wake of the latest financial shock in the sector and the government would ensure no depositor in this country lost a dime."People shouldn't be worried about losing...