Producers and midstream operators prioritize shareholder returns and capital discipline amid investor pressure for sustainable cash flows. Major energy producers and midstream operators are pivoting toward capital discipline, emphasizing free cash flow and shareholder retu
Major US indices rise, with the Dow reaching an all-time high and tech-heavy Nasdaq posting the largest gains. US stocks closed higher, driven by strong performances in the tech sector. The Dow Jones Industrial Average reached 53,061.30, a record high, while the Nasdaq Com
The $0.50 payout yields 7.55% and will be distributed to shareholders of record by July 17. Bank of Hawaii Corporation’s Depositary Shares Series B (BOH.PR.B) announced a $0.50 per share quarterly dividend, maintaining its recent payout level. The forward yield stands at 7
The $0.2735 payout on BOH.PR.A matches prior quarters and offers a 7.04% forward yield for holders. Bank of Hawaii Corporation’s 4.375% Depositary Preferred Series A shares (BOH.PR.A) will distribute a $0.2735 per-share quarterly dividend. The payout remains unchanged from
GFL Environmental CEO Patrick Dovigi signals willingness to accept a $50 per share buyout if he retains full equity stake. GFL Environmental CEO Patrick Dovigi is prepared to consider a take-private offer at approximately $50 per share, contingent on rolling over his entir
Bank of America projects $1.5 trillion in cloud and AI infrastructure spending by 2027, reinforcing long-term semiconductor demand. Bank of America expects global cloud and AI infrastructure capital expenditure to hit $1.5 trillion by 2027, citing sustained demand despite
The Dow Jones Industrial Average briefly crossed 53,000 for the first time before retreating as tech stocks outperformed. The Dow Jones Industrial Average surged past 53,000 in early trading Monday, marking a historic high before sellers erased nearly 400 points within hal
Meta Platforms unveils Meta Compute to sell excess AI capacity, signaling entry into the cloud services market amid rising capex. Meta Platforms shares rose 9% to $612.91 on July 1 after reports the company plans to launch Meta Compute, a cloud business leveraging excess A
ServiceNow posts 19% subscription revenue growth despite AI concerns ServiceNow's Q1 2026 subscription revenue hit $3.671 billion, up 19% in constant currency. The company's workflow platform has been the default system of record inside the Fortune 500. Gartner esti
Major indices show mixed performance midday, with tech gains offsetting declines in blue-chip stocks before next week's earnings reports. US equities traded mixed at midday Monday, with the Nasdaq Composite rising 1.4% while the Dow Jones Industrial Average fell 0.12%. The
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