Meta is reportedly cutting about 600 roles in its artificial intelligence unit to make the unit more agile. The cuts will not affect Meta's newly formed TBD Lab unit and will instead target its FAIR AI research, product-related AI and AI infrastructure units, Axios reported Wednesday (Oct.
Hilton's third-quarter results are expected to reflect unit and loyalty growth, offsetting modest RevPAR pressure as travel demand and brand expansion support revenue gains.
EMR's Intelligent Devices and Software units drive solid growth, though softness in Safety & Productivity tempers momentum.
AWK's unit, New Jersey American Water, will further expand in the state with a new acquisition, adding 5,000 customers.
AXON lifts 2025 revenue outlook as Software & Services surges with rising subscriptions and strong demand for digital tools.
Mercado Libre reportedly launched a new B2B unit in Argentina, Brazil, Chile and Mexico. The company said it began testing the unit a year ago and now has more than 4 million users enabled for wholesale purchases, Reuters reported Monday (Sept.
Unit Corporation has delivered strong returns, driven by production growth and new investor interest, but now approaches fair value. Recent drilling reversed production declines, validating asset potential, though increased CapEx and ongoing warrant litigation introduce risks. The current valuation reflects production and rig value, with a limited margin of safety if litigation is unfavorable.
HON's Solstice unit prices $1B senior notes due 2033, with proceeds tied to its upcoming spin-off and corporate needs.
Shares of fertilizer concern Corteva Inc (NYSE:CTVA) are 3.4% lower to trade at $70.87 this morning, after the company said it's planning on separating its seeds and chemical units.
ALRM's EnergyHub acquires Bridge to Renewables, strengthening EV integration and managed charging programs.
MMM faces weak consumer demand and muted retail restocking, but its Safety and Industrial segment shows solid growth momentum.
HON's Industrial Automation sales slid in Q2 2025, but strength in aerospace and building automation offers support.