Meta’s AI-driven business expansion could drive next revenue phase despite investor scrutiny over rising costs, an analyst said. Meta Platforms’ push into AI-powered business agents may fuel its next revenue growth phase, Piper Sandler analyst Thomas Champion said in a cli
Micron announces $22 billion in long-term memory chip agreements with customers like Nvidia to mitigate boom-bust cycles. Micron revealed $22 billion in long-term supply deals with customers, including Nvidia, to lock in demand for memory chips. These "take-or-pay" agreeme
Micron announces $22 billion in long-term memory chip agreements with customers like Nvidia to mitigate boom-bust cycles. Micron revealed $22 billion in long-term supply deals with customers, including Nvidia, to lock in demand for memory chips. These "take-or-pay" agreeme
Yum Brands offloads underperforming Pizza Hut franchise to focus on higher-growth brands KFC and Taco Bell. Yum Brands agreed to sell its Pizza Hut franchise to LongRange Capital for $2.7 billion. The move follows Pizza Hut’s lagging performance, with same-store sales decl
The accounting network expands its Asia-Pacific and Latin America presence with two new member firms. INPACT Global has added new member accounting firms in China and Mexico, strengthening its regional coverage. Shanghai Acumen CPAs, founded in 2005, joins the network, off
Income-related adjustments push monthly Medicare Part B costs to $690 for top earners, up from the standard $202.90 premium. High-income retirees face Medicare Part B premiums of up to $690 monthly, a $487 surcharge added to the standard $202.90 fee. The increase stems fro
Antipodes Global Strategy notes CRM's one-month decline amid broader market rotation away from mega-cap tech in Q1 2026. Salesforce (CRM) closed at $152.76 on June 24, 2026, marking a 13.5% decline over the prior month. The drop occurred despite the company's strong fundam
Marianne Lake’s retirement removes a top contender to replace Jamie Dimon at the $4.9 trillion-asset bank. JPMorgan Chase announced Marianne Lake will retire, eliminating a leading candidate to succeed CEO Jamie Dimon. Lake, who led consumer and community banking since 202
Divergent market reactions highlight contrasting AI hardware spending trends despite record revenue for both firms. NVIDIA reported Q1 FY27 revenue of $81.615 billion, up 85% year over year, driven by Blackwell GPU demand and $75.246 billion in Data Center sales. Non-GAAP
Private equity firm Quad-C backs Armstrong Transport Group, which expects annual revenue to exceed $2 billion after rapid growth. Private equity firm Quad-C has made a strategic investment in Armstrong Transport Group, a North Carolina-based logistics provider. The deal pr
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