Microsoft CEO Satya Nadella told customers at a conference in Chicago on Tuesday that the company is teaching a new set of artificial intelligence tools how to “act on our behalf across our work and life.”
Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion
Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could
Nvidia helped pull U.S. stock indexes higher after they stumbled in the morning on worries about escalations in the Russia-Ukraine war
Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue
Most U.S. stocks ticked higher to recover some of their sharp slide from last week
Meta Platforms, Inc. (NASDAQ:META – Get Free Report) CFO Susan J. Li sold 8,951 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $577.16, for a total transaction of $5,166,159.16. Following the completion of the sale, the chief financial officer now directly owns 51,591 shares in the company, valued at $29,776,261.56. This trade represents a 14.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Vertiv (NYSE:VRT – Get Free Report) had its price objective increased by Mizuho from $125.00 to $145.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Mizuho’s price target suggests a potential upside of 17.75% from the stock’s previous close.
Joby Aviation, Inc. (NYSE:JOBY – Get Free Report)’s share price shot up 7.8% during mid-day trading on Tuesday . The company traded as high as $6.13 and last traded at $6.05. 7,676,399 shares traded hands during trading, an increase of 3% from the average session volume of 7,445,854 shares. The stock had previously closed at $5.61.
Archer Aviation Inc. (NYSE:ACHR – Get Free Report) shares saw an uptick in trading volume on Tuesday . 4,171,964 shares changed hands during mid-day trading, a decline of 51% from the previous session’s volume of 8,551,855 shares.The stock last traded at $4.59 and had previously closed at $4.41.
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