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Investing.com54d agoneutral
U.S. FAA approves 737 MAX-7 for production, sends Boeing shares up 5%

Investing.com -- The Federal Aviation Administration on Monday has approved the Boeing 737 MAX-7, issuing an amended type certificate and an updated Production Limitation Record following nearly a decade of technical review and safety assessments, sending shares of Boeing sharply up more than 5% in afternoon hours of trading.

Investing.com54d agoneutral
Amazon cloud chief says inference demand is surging

Investing.com -- Amazon.com Inc.'s cloud division is seeing customers move from training AI models to integrating them into business operations through a process called inference, according to the unit's chief executive.

BofA refuses to embrace cybersecurity darling ahead of earnings
TheStreet54d agoneutral
BofA refuses to embrace cybersecurity darling ahead of earnings

Every investor has felt the itch to buy the one stock everyone else already owns. Fastly’s chart this year has that kind of pull, a steady climb that turns skeptics into buyers with each new high. One of Wall Street’s largest banks looked at that same chart and decided to stay out. BofA Global ...

Kosmos Energy Q2 Earnings Call Highlights
MarketBeat54d agoneutral
Kosmos Energy Q2 Earnings Call Highlights

Kosmos Energy (NYSE:KOS) reported higher second-quarter production, lower operating costs and continued balance-sheet progress as new wells in Ghana and the ramp-up of its Greater Tortue Ahmeyim LNG project supported first-half performance. Chairman and Chief Executive Officer Andy Inglis said the

Echostar Q2 Earnings Call Highlights
MarketBeat54d agoneutral
Echostar Q2 Earnings Call Highlights

Echostar (NASDAQ:ECHO) said its Hughes business filed for Chapter 11 bankruptcy protection after the unit’s $1.5 billion bond maturity came due on Aug. 1 and discussions with bondholders did not produce what the company called a workable solution. Chairman Charlie Ergen said the bankruptcy filing i

AstraZeneca Investors See Little Logic in Bristol Tie-Up
Bloomberg54d agoneutralVIDEO
AstraZeneca Investors See Little Logic in Bristol Tie-Up

AstraZeneca Plc investors had a clear message for the UK drugmaker on Monday: they don't like the idea of a $400 billion merger with Bristol-Myers Squibb Co. Bloomberg Intelligence's Director of Research, Sam Fazeli joins to discuss.

Alphabet’s stock splits: History & prospects explained
TheStreet54d agoneutral
Alphabet’s stock splits: History & prospects explained

Alphabet was founded as Google in Menlo Park, California, in 1998, and its original name quickly became synonymous with the concept of the internet search engine. The company went public in 2004, and more than two decades later, it’s the third-largest company by market capitalization, with its ...

5 Revealing Analyst Questions From F5’s Q2 Earnings Call
StockStory54d agoneutral
5 Revealing Analyst Questions From F5’s Q2 Earnings Call

F5’s second quarter marked a period of growth above Wall Street’s expectations, yet was followed by a negative market reaction. Management highlighted robust demand for application security and delivery, citing 19% product revenue growth and ongoing wins in hybrid multi-cloud environments. CEO François Locoh-Donou attributed the strong results to F5’s ability to address the rising complexity of securing distributed applications, particularly as customers accelerate investments in AI and shift wo

Hess Midstream Partners Q2 Earnings Call Highlights
MarketBeat54d agoneutral
Hess Midstream Partners Q2 Earnings Call Highlights

Hess Midstream Partners (NYSE:HESM) reported higher second-quarter net income and adjusted EBITDA, supported by lower operating expenses and general and administrative savings, while reaffirming its full-year financial outlook and plans for shareholder returns and debt reduction. Net income for the