News Powered By AI
News Powered By AI
Alphabet, Exelon, and Patterson-UTI paid shareholders dividends totaling $0.74 per share across two September trading days, reflecting different capital strategies and business models.
Intel rose 4% and SK Hynix climbed 3% on reports the companies are discussing memory chip production at Intel’s Ohio campus, with facilities not expected operational until 2030.
Soybean futures extended gains into Wednesday morning, trading 6 to 7 cents higher amid meal strength and increased open interest, while rainfall threatened harvest operations across the eastern Corn Belt.
CrowdStrike and Okta shares surged following earnings results citing increased AI-driven cybersecurity spending, with CrowdStrike gaining 20% and Okta rising nearly 29%.
Gap named Michael Francis as the new CEO of Old Navy, effective in November, as the struggling brand works to reverse declining sales. The announcement boosted Gap shares 12% in extended trading.
Affirm Holdings’ CEO said high gas prices are pressuring U.S. consumers, as the buy-now-pay-later company reported strong fourth-quarter earnings and raised guidance.
