Sarvam joins India’s AI unicorn club with a $234 million funding round led by HCLTech to expand sovereign AI capabilities. Sarvam, a Bengaluru-based AI startup, has raised $234 million in a funding round valuing the company at $1.5 billion. The investment is part of a broa
Global markets rallied and oil prices fell to their lowest level in roughly three months on Monday after President Donald Trump announced a peace deal with Iran that would reopen the Strait of Hormuz. A 607-point advance, equal to a 1.2% gain, carried the Dow Jones Industr
Tata Consultancy Services fails to overturn a $168 million damages award for alleged theft of DXC Technology's proprietary software. The U.S. Supreme Court declined to review Tata Consultancy Services' challenge to a $168 million damages award for trade secret misappropria
Deal merges Fox’s news and sports content with Roku’s 100 million household platform to bolster ad targeting and streaming growth. Fox will acquire streaming platform Roku in a $22 billion stock and cash deal, aiming to create the third-largest U.S. television company. The
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly Top 5 Upgrades: - Truist upgraded Datadog (DDOG) to Buy from Hold with a price target
American Express Co. (NYSE:AXP) shares rose 1.3% in premarket trading on Monday after the company announced an agreement to acquire TheFork from Tripadvisor Inc. (NASDAQ:TRIP) in a transaction valued at $700 million. The proposed acquisition is designed to strengthen Ameri
WTI crude drops $4.50 to $80.38, signaling potential relief from inflationary pressures amid easing Middle East tensions. Oil prices fell sharply as the reopening of the Strait of Hormuz eased supply concerns, with WTI crude dropping $4.50 to $80.38 after briefly trading b
Salesforce has signed an agreement to acquire Fin, the AI customer service company formerly known as Intercom, for approximately $3.6 billion, the company said Monday. At the center of Fin's business is an AI agent built to manage customer support conversations from start
Pattern Group Inc. (NASDAQ:PTRN) shares dropped 7% on Monday after the ecommerce technology company announced a proposed secondary offering involving 8 million shares of its Series A common stock. The transaction is being conducted by an existing shareholder and will not r
Hershey Company gains 14.2% as cocoa costs retreat The Hershey Company closed at $181.66 per share on June 12, 2026. The company has a market capitalization of $36.85 billion. The recent gains come as cocoa costs finally retreated, reversing extreme inflati
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