Reported 2 days ago
Celestica Inc. has introduced its new ES1500 enterprise campus switch, designed for edge IoT and AI applications. The compact 1U device features up to 48 ports supporting 2.5GbE and optional Power-over-Ethernet capabilities, offering a significant upgrade with up to 220 Gbps of non-blocking switching capacity and speeds 2.5 times faster than its predecessor. Built with a Marvell AC5X switch chipset and options for Intel Atom CPUs, it caters to modern enterprise needs in diverse IT environments.
Source: YAHOO
Reported 2 days ago
On July 1, Cloudflare launched a new AI Crawler Blocking feature that allows website owners to decide whether to allow or block AI models from accessing their content. This initiative, along with the new 'pay per crawl' model, empowers publishers to charge AI crawlers for content access, enhancing content security. The feature builds on a previously existing tool for blocking crawlers and is accompanied by the release of Cloudflare Log Explorer, which provides insights into security and performance.
Source: YAHOO
Reported 2 days ago
Schlumberger's joint venture, OneSubsea, has secured an EPC contract from Equinor for the second phase of the Northern Lights carbon capture and storage project in Norway. This marks a major advancement as the project's CO₂ capacity is set to increase from 1.5 million to at least 5 million tonnes annually. The contract includes the engineering and construction of new CO₂ injection systems, with work expected to begin immediately and initial deliveries slated for 2026.
Source: YAHOO
Reported 2 days ago
Arista Networks Inc. has expanded its AI-driven enterprise solutions, acquiring the VeloCloud SD-WAN portfolio from Broadcom Inc. This move includes new switches, Wi-Fi 7 access points, and enhanced WAN capabilities, positioning Arista as a leader in connecting AI models with distributed data. Their integration of VeloCloud aims to improve branch connectivity with secure cloud-delivered SD-WAN solutions, further solidifying Arista's presence in the Gartner Magic Quadrant for networking solutions.
Source: YAHOO
Reported 2 days ago
Vertiv has introduced a 142kW energy-efficient cooling and power reference architecture tailored for the NVIDIA GB300 NVL72 platform, designed to integrate end-to-end cooling and power strategies. This development is part of Vertiv's collaboration with NVIDIA, helping to optimize data center operations and support 800 VDC infrastructure for high-capacity IT racks, with solutions expected to launch by 2026. Additionally, Vertiv’s solutions can be utilized in SimReady 3D assets in the NVIDIA Omniverse for customized data center planning.
Source: YAHOO
Reported 2 days ago
Progressive Insurance has launched the 'Open the House' initiative aimed at enhancing homeownership education and accessibility for first-generation buyers. This multi-year program includes the UpPayment grant of $13,500 for up to 100 qualified buyers to help ease financial burdens. Additionally, the initiative will feature a mobile 'home on wheels' tour for educational events, a video series on financial wellness, and an online resource for home appraisal assistance. The company has committed over $7 million to promote homeownership among families.
Source: YAHOO
Reported 2 days ago
Nexa Resources has officially resumed full operations at its Cajamarquilla smelter following successful negotiations with its employees, which were concluded on June 27. The smelter had experienced a three-day temporary suspension but confirmed that its 2025 sales guidance remains unaffected. The company prioritizes the health and safety of its workforce and maintains its commitment to constructive dialogue with stakeholders.
Source: YAHOO
Reported 2 days ago
OPAL Fuels Inc. has announced a joint venture with Republic Services to create a renewable natural gas (RNG) facility at the Charlotte Motor Speedway Landfill in North Carolina. The collaboration aims to convert biogas from landfill waste into RNG, with an expected annual production capacity of approximately 1.4 million MMBtu, utilizing technology to provide a low-carbon transportation fuel.
Source: YAHOO
Reported 2 days ago
Taseko Mines Limited highlighted its achievements in 2024, including the successful operation of the Gibraltar Mine, Canada’s second-largest copper mine, which produced 105.6 million pounds of copper. The company also acquired full ownership of the Gibraltar Mine and progressed on the Florence Copper project, which reached about 56% completion by the end of the year, with first copper production expected in Q4 2025.
Source: YAHOO
Reported 2 days ago
TELUS International has acquired Gerent, a US-based Salesforce consultancy, to bolster its customer experience solutions powered by AI. The acquisition allows TELUS Digital to incorporate Gerent’s extensive range of services, including their strong track record of successful Salesforce projects and high customer satisfaction ratings. This move aligns with TELUS Digital's strategy to integrate advanced technologies and AI to create more efficient and personalized customer experiences.
Source: YAHOO
Reported 2 days ago
Lloyds Banking Group has partnered with Lumio, a financial management app, to enhance money management for couples and households. The initiative aims to simplify shared financial responsibilities and will initially offer a complimentary trial of Lumio Couples Pro to selected Lloyds customers managing joint bills. This partnership is part of Lloyds' commitment to supporting fintech innovations.
Source: YAHOO
Reported 2 days ago
Baytex Energy Corp. has announced a one-year extension of its $1.1 billion revolving credit facilities, now set to mature in June 2029. This decision comes after strong support from its lending syndicate and provides the company with flexible financial management without the need for annual reviews. Headquartered in Calgary, Alberta, Baytex operates mainly in the Western Canadian Sedimentary Basin and the US Eagle Ford region.
Source: YAHOO
Reported 2 days ago
Repay Holdings Corporation has enhanced its integration with MeridianLink, allowing credit unions and banks to efficiently fund new accounts through various payment methods, including debit cards and digital wallets. This upgrade not only simplifies the onboarding process but also complements existing tools for loan collections, improving operational efficiency for financial institutions in MeridianLink's network.
Source: YAHOO
Reported 2 days ago
B2Gold Corp. announced its first gold pour at the Goose Mine in Nunavut, Canada, on June 30, marking a significant milestone for the company as it becomes its fourth producing mine globally and first in Canada. Ore processing began on June 24, and the company aims to reach full operational capacity by Q3 2025 while maintaining steady-state operations.
Source: YAHOO
Reported 2 days ago
Clarivate has teamed up with OverDrive and Innovative to enhance digital library integration, focusing on OverDrive's Libby app and Clarivate's Vega LX platform. This collaboration aims to improve interactions between readers and library staff regarding print and digital materials. Input from library partners is being prioritized through meetings, with new tools expected to launch in 2026, making them accessible to all OverDrive partners.
Source: YAHOO
Reported 2 days ago
New Gold Inc. has released its 2024 Sustainability Report, marking a decade of annual sustainability reporting. Notable achievements include a 7.8% decrease in Scope 1 and Scope 2 greenhouse gas emissions since 2023, contributing to a 15% reduction from the 2020 baseline. Additionally, the company recorded its lowest total recordable injury frequency rate in history, reflecting its commitment to safety.
Source: YAHOO
Reported 2 days ago
On June 25, Sanofi announced that the FDA granted orphan drug designation to Riliprubart, which is aimed at treating antibody-mediated rejection in solid organ transplantation. This designation is crucial for Sanofi as it offers benefits like tax credits and market exclusivity. Riliprubart is currently in clinical trials for various indications, including kidney transplants and chronic inflammatory demyelinating polyneuropathy.
Source: YAHOO
Reported 2 days ago
Wells Fargo analyst Zachary Fadem has reduced the price target for Lowe’s Companies, Inc. (NYSE:LOW) from $300 to $260 while maintaining a Buy rating. This adjustment follows the company's mixed Q1 2025 results, where revenue fell to $20.93 billion, below expectations, despite an EPS of $2.92 surpassing forecasts. Lowe's continues to project sales of $83.5 to $84.5 billion for fiscal 2025, while acknowledging external factors impacting sales.
Source: YAHOO
Reported 2 days ago
Accenture plc has announced a partnership with Palantir Technologies to provide AI solutions to U.S. federal agencies. Accenture Federal Services will serve as Palantir's preferred implementation partner, training 1,000 professionals on Palantir's platforms. The collaboration aims to enhance technology offerings, including data fusion and predictive supply chain orchestration, through a dedicated AI automation team.
Source: YAHOO
Reported 2 days ago
Deutsche Bank has indicated that PepsiCo, facing declining snack consumption trends in the US, needs to rebuild investor confidence ahead of its Q2 2025 earnings release on July 17. Analyst Steve Powers emphasized the importance of the upcoming earnings call for demonstrating a strategic shift and highlighted that while PepsiCo’s intrinsic value may exceed its current market price, the consumption downturn has raised concerns. The bank recognizes PepsiCo's potential as an investment but suggests other AI stocks could offer better returns with lower risks.
Source: YAHOO
Reported 2 days ago
Chevron Corporation is among 37 global energy firms contesting Libya's first oil and gas exploration tender since the 2011 conflict that ended Muammar Qaddafi's regime. This tender is critical for Libya, which holds Africa's largest oil reserves and aims to restore its oil production to 2 million barrels daily by 2030, following over a decade of instability. Contracts are expected to be awarded by the end of 2025, with Chevron vying for exploration rights on 22 offshore and onshore blocks.
Source: YAHOO
Reported 2 days ago
Procter & Gamble (NYSE:PG) is set to reduce its workforce by 7,000 jobs over the next two years due to difficulties stemming from an uncertain consumer spending environment in the U.S. influenced by tariffs. This job cut represents about 6% of the company's total workforce and is part of a broader restructuring strategy. The company also plans to exit certain product categories and markets.
Source: YAHOO
Reported 2 days ago
Amgen Inc. announced positive results from its Phase 3 FORTITUDE-101 trial for Bemarituzumab, demonstrating improved overall survival in patients with advanced gastric cancer with FGFR2b overexpression. This groundbreaking monoclonal antibody, targeting a specific protein, marks a significant advancement in treatment options for this serious condition, as gastric cancer remains a leading cause of cancer-related deaths globally. Further detailed results and additional trials are anticipated in the upcoming months.
Source: YAHOO
Reported 2 days ago
J.P. Morgan has reiterated its Hold rating on Johnson & Johnson (JNJ), setting a price target of $185. Analyst Chris Schott pointed out the company's strong potential for over 5% growth through its innovative offerings, but he also raised concerns regarding sales erosion from biosimilars and ongoing talc litigation. Overall, while Schott remains cautiously optimistic, he indicated that some AI stocks might offer better investment prospects.
Source: YAHOO
Reported 2 days ago
Merck & Co., Inc. has received priority review from the FDA for its supplemental Biologics License Application for WINREVAIR, previously approved in 2024 for pulmonary arterial hypertension. This application aims to update the product label based on promising results from the Phase 3 ZENITH trial, which showed a significant reduction in major morbidity and mortality events for patients. The FDA has set an action date of October 25, 2025.
Source: YAHOO