Unit Corporation (UNTC)
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Meta Announces Formation of 'Superintelligence' Unit Amid AI Recruiting Push
Meta Platforms (META) informed employees on Monday of the creation of a new unit inside the Facebook and Instagram parent following an expensive recruiting push to ramp up Meta's artificial intelligence development.
Meta's Recent AI Hires to Lead New ‘Superintelligence Labs' Unit
Meta CEO Mark Zuckerberg reportedly told company staff Monday (June 30) that he is creating a new artificial intelligence (AI) business unit called Meta Superintelligence Labs that will be led by some of the company's most recent hires.
Mark Zuckerberg Announces New Meta ‘Superintelligence Labs' Unit
Alexandr Wang will be the chief AI officer, and Nat Friedman will lead the company's work on AI products.
Unit Corporation: Increased Oil Production In Q1 2025
Unit appears capable of maintaining its current $1.25 per share dividend while modestly increasing its cash position during 2025. It has been participating in more non-operated wells, increasing its capex and oil production levels. Drilling division still has 12 rigs in use although Permian rig counts have been trending lower overall.
3M's Transportation and Electronics Unit Grows in Q1: A Durable Trend?
MMM's Transportation and Electronics segment posts modest growth in Q1, powered by the transportation and aerospace end markets.
Eni & Its Plastics Unit Novamont Face 32M Euro Market Abuse Fine
E and Novamont have been fined over 32 million euros by Italy's antitrust watchdog for abusing market dominance in bioplastics.
Can Momentum in QNX Unit Fuel BlackBerry's Top-Line Growth?
BB's QNX unit sees strong demand in auto tech, but forecasts a sequential revenue dip amid sector volatility.
Encompass Health Plans a 50-Bed Unit to Better Serve North Las Vegas
EHC unveils plans for a 50-bed rehabilitation hospital in North Las Vegas, bringing improved health outcomes to the region's residents and further solidifying its Nevada footprint.
3M's Consumer Unit Hurt by Soft Retail Markets: Is A Turnaround Expected?
MMM's Consumer segment continues to struggle with weak retail demand and no near-term relief in sight.
Can J&J's Innovative Medicines Unit Sustain Growth Amid Stelara LOE?
JNJ's Innovative Medicines unit shows a growth trend, defying Stelara LOE and the negative impact of the Part D redesign.
Duke Energy's Unit Seeks Rate Hike to Build Smarter Grid
DUK's unit seeks a $74.8M rate hike in South Carolina to fund grid upgrades and increase the reliability of its services.
Will Strong TASER Demand Continue to Guide Axon's Connected Devices Unit?
AXON sees surging demand for TASER devices and body cameras, fueling strong momentum in its Connected Devices unit.
