With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI ...

BP said it would sell its non-operated interest in the Bay du Nord project in Canada, giving sole ownership to project partner Equinor. The energy company said Monday that the sale of its 37.2% stake ...

OTTAWA--Inflation expectations in Canada zoomed upward in the second quarter due to the anticipated impact on elevated energy costs from the conflict in Iran, according to a quarterly business-outlook ...

The U.S. stock market’s momentum trade appeared to be back on Monday, with investors returning to chip stocks and the AI-infrastructure theme, according to Todd Ahlsten, CIO and portfolio manager at ...

Shares of Solstice Advanced Materials fell sharply on Monday after the Honeywell spinoff unveiled plans buy specialty-chemicals maker Element Solutions, and Element shares moved lower after the ...

Keel Infrastructure shares rose Monday after the company appointed former Digital Realty executive Ganesh Aiyer as president, effective Monday. Shares of the infrastructure company were recently up ...

Lockheed Martin has signed a deal to acquire the defense company Ultra Maritime for $3.45 billion from private equity firm Advent International. The aerospace and defense contractor said Monday that ...

The stock was up 39% to $2.25 in late Tuesday morning trading. The shares are now down less than 1% in the past 52 weeks. Farokhzad, who is also the biotechnology company's chair, made the unsolicited ...

Only five of the S&P 500’s 11 sectors traded higher Monday, even as the broader index rose. Consumer staples led the declines, falling 1.8%, while information technology was the biggest gainer, rising ...

An Evercore analyst notes that infrastructure software stocks have vastly outperformed application names. But there’s still hope for companies like Salesforce.