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23andMe Holding Co.'s shares surged after CEO Anne Wojcicki revealed plans to potentially take the struggling DNA testing firm private. The announcement follows the company's dismal performance since going public three years ago, with shares plummeting by over 90% amid sluggish adoption of its personalized DNA services.
Starbucks could open 11,000 new locations over the next five years, likely making it the biggest restaurant chain in the world. The company has opened nearly 3,000 new locations in China over the last four years and yet revenue in that country is down.
Leigh-Ann Russell, BP's chief technology and innovation officer, and Anja-Isabel Dotzenrath, head of gas and low-carbon since 2022, are leaving.
Lion Electric (NYSE: LEV ) layoffs are coming for the electric vehicle (EV) company's employees as it focuses on ways to reduce costs. A new statement from the company notes that it will be cutting 120 jobs.
Alaska Air Group (NYSE:ALK) has forecast better-than-expected profits for the second quarter, sending shares of the airline more than 6% higher. It expects to report earnings per share (EPS) in the range of $2.20 to $2.40 for the quarter ending in June, above Wall Street expectations of $2.17.
Maxim Group initiated Apple stock with a hold rating and a $178 price target on Wednesday. Concerns center on Apple's vulnerability to slowing iPhone sales in China.
Badger Meter blew the roof off with its Q1 2024 earnings -- up 50% and well ahead of expectations. Utilities are buying water meters like they're going out of style.
Renowned investor Warren Buffett, the founder and CEO of Berkshire Hathaway (NYSE: BRK.A), has long been associated with his strategic investment approach, particularly a preference for companies with a strong track record of paying dividends.
Nokia (NOK) reports revenue contraction year over year in the first quarter of 2024, owing to soft demand trends and macroeconomic headwinds.
ICON (ICLR) continues to develop its collaboration and delivery models, invest in technology and enhance its project and program management capabilities.