IT services giant Cognizant Technology Solutions has issued an upbeat revenue forecast for 2026, surpassing analyst expectations. The company credits the accelerating integration of artificial intelligence into core business operations for driving sustained demand for its consulting and implementation services.
The U.S. Department of Defense has entered a seven-year agreement with Raytheon to dramatically increase output of key missiles, including Tomahawk cruise missiles and air-to-air interceptors, as part of a broader push to replenish inventories and bolster the defense industrial base.
Saudi Arabia's SPPC closes its Emirati subsidiary, Al Madinah Packaging Co., as part of a strategic pivot to shed non-core assets and refocus on high-growth domestic and regional markets.
Africa's largest mobile operator, MTN, is shifting its growth strategy towards targeted fintech acquisitions and a measured push into East Africa, signaling a broader transformation from a traditional telco into a diversified digital platform.
Defense tech firm Anduril Industries launches a global autonomous drone racing competition, offering substantial cash prizes and guaranteed jobs to attract elite software developers to its growing Ohio operations.
GameStop CEO Ryan Cohen has unveiled plans for a potentially transformative acquisition of a publicly traded consumer company, signaling a strategic pivot that could reshape the retailer's future. The company may sell its Bitcoin assets to finance the move, while the board has tied Cohen's compensation to ambitious new growth targets.
Analysts have raised their price target for school bus manufacturer Blue Bird (BLBD) to $76, signaling renewed optimism following better-than-expected quarterly results and a robust near-term forecast, even as the firm's core fair value estimate holds steady.
Freeport-McMoRan's shares have soared on robust earnings and copper demand, but analysts are divided on whether the rally has outpaced the miner's fundamental value.
Eni and Q8 Italy are set to transform a chemical site in Priolo, Sicily, into a major biorefinery, leveraging proprietary technology to produce sustainable aviation fuel and renewable diesel from waste feedstocks.
Global agribusiness giant Bunge Ltd. reported stronger-than-expected fourth-quarter earnings, driven by robust performance across its diversified portfolio, outpacing Wall Street projections.
After a meteoric post-IPO rise and an 80% collapse, Figma's future hangs in the balance. We analyze whether its robust product and growing enterprise base justify its still-lofty valuation.
Corteva, Inc. (NYSE: CTVA) declared a $0.18 per share dividend payable in March, with a yield of 1.0%. While below the industry average, the agriscience giant's robust earnings growth and low payout ratio suggest a sustainable distribution strategy focused on reinvestment.
Despite a recent 21% monthly share price decline, Ares Management (NYSE: ARES) has delivered a 167% total return to shareholders over five years. Analysts point to a disconnect between robust earnings growth and recent market sentiment, suggesting potential undervaluation.
In an exclusive interview, Samsung Electronics America CMO Allison Stransky details the brand's strategy to leverage major events like the Olympics and everyday moments to build a connected device ecosystem, moving beyond one-off product sales.
The German boutique hotel chain has fully integrated Mews' hospitality operating system across its 12 properties, replacing traditional front desks with digital check-in, mobile keys, and self-service kiosks to boost operational efficiency and refocus staff on guest services.
A powerful shift from high-flying growth stocks to long-neglected value shares is gaining momentum on Wall Street, with the Russell 1000 Value Index hitting record highs. While strategists see room for the rally to run, the scale of the rotation evokes cautious memories of the 2001 tech bust.
Amazon has secured a significant 110MW power purchase agreement (PPA) with energy giant RWE, drawing electricity from the Nordseecluster offshore wind project in the North Sea. The deal marks a strategic step for both companies, advancing Amazon's clean energy goals and bolstering Germany's renewable grid.
A new government-funded review reveals a nearly 50% increase in prisoner death rates and a sharp rise in assaults over five years, linking the deteriorating conditions directly to severe guard shortages and unsustainable workloads.
Lithia Motors (NYSE: LAD) reinforces its growth strategy with the acquisition of Fine Ford in the Greater Toronto Area, a move expected to add $100 million in annualized revenue. Despite adjusted forecasts, Benchmark analysts reaffirm a Buy rating and $400 price target, citing the company's aggressive expansion and omnichannel retail strength.
Select Water Solutions (NYSE:WTTR) confirms a $0.07 per share dividend payment for February, yielding 2.3%. While the company demonstrates robust earnings growth, analysts flag its high payout ratio as a point of caution for income-focused investors.
