Alphabet Inc. (NASDAQ:GOOGL) CEO Sundar Pichai says Google is giving up potential Cloud revenue to prioritize AI research, even as customers struggle to secure computing capacity. Google Cloud revenue surged 82% to $24.8 billion in the second quarter, while its…
On CNBC’s “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, picked ServiceNow, Inc. (NYSE:NOW). Supporting his choice, Piper Sandler analyst Billy Fitzsimmons maintained an Overweight rating on ServiceNow on Friday and raised the price target…
FMC Corp. (NYSE:FMC) faces mounting pressure from cheaper generic pesticides, weak agricultural demand and elevated debt, prompting RBC Capital Markets to lower its price forecast ahead of the company’s third-quarter earnings. The company is scheduled to report third-quarter earnings on…
Stryker Corporation (NYSE:SYK) said Monday it will invest approximately $400 million in robotics company CMR Surgical as it expands into soft-tissue robotic surgery. The strategic partnership gives Stryker an exclusive option to acquire all of CMR Surgical’s outstanding equity in…
