Core Insights - C3.ai, Inc. has partnered with Eletrobras to implement its Grid Intelligence solution across the utility's entire transmission network, marking a significant step in Eletrobras' Eletro.ia program aimed at integrating AI into operations [1][7] - The deployment will utilize C3.ai's technology for real-time fault detection and operational reporting, enhancing efficiency and service reliability in Brazil's energy sector [2][3] Strategic Partnerships - C3.ai's growth is significantly driven by its expanding partner ecosystem, with 73% of agreements in fiscal 2025 being collaborations, including deepened ties with major hyperscalers like Microsoft, AWS, and Google Cloud [4] - The renewal of the partnership with Baker Hughes, which has generated over $0.5 billion in revenues since 2019, further emphasizes the importance of strategic alliances for C3.ai's growth trajectory [5] Market Performance - In the last three months, C3.ai's shares have decreased by 20.5%, contrasting with a 9% decline in the Zacks Technology Services industry [6]

Core Viewpoint - Hims & Hers Health Inc. is under investigation for potential securities fraud related to misleading statements made to investors during a specified Class Period [1][2]. Group 1: Investigation Details - Berger Montague is investigating Hims & Hers for possible violations of federal securities laws during the Class Period from April 29, 2025, to June 22, 2025 [1]. - The investigation follows a significant drop in Hims & Hers' stock price, which fell over 34% after Novo Nordisk terminated its partnership due to unauthorized marketing and sale of compounded semaglutide drugs [2]. - A complaint has been filed alleging that Hims & Hers made material misstatements and omissions, violating federal securities laws [2]. Group 2: Legal Actions - Investors have until August 25, 2025, to seek appointment as lead plaintiff in the class action lawsuit, which allows them to direct the case and advocate for other affected investors [3].

Core Insights - The AI sector has shown resilience during the earnings season until a recent market selloff, indicating potential volatility ahead for technology stocks [1] Group 1 - The recent market selloff on Tuesday marks the beginning of what appears to be a tech meltdown, impacting the previously strong AI sector [1] - The author has extensive experience in the technology, media, and telecommunications (TMT) sectors, focusing on risk mitigation through various market cycles [1] - The emphasis is placed on momentum as a key aspect of navigating the current market landscape [1]

Hong Kong, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Ming Shing Group Holdings Limited (the “Company” or “Ming Shing”) (NASDAQ: MSW), a Hong Kong-based company mainly engaged in wet trades works whose mission it is to become the leading wet trades works service provider in Hong Kong, announces a significant update in its business development. Ming Shing is pleased to announce that it has entered into a Bitcoin purchase agreement (the “Bitcoin Purchase Agreement”) with Winning Mission Group Limited (the “Seller”), a ...

CEO Brian Cornell will step down in February, and Chief Operating Officer Michael Fiddelke is set to succeed him and prioritize digital investments and AI-driven operations.Digital sales rose 4.3% year over year, driven by gains in same-day delivery, although growth slowed compared to last year.There was a lot to digest on Target’s second-quarter 2025 earnings call Wednesday (Aug. 20), as the retail giant posted data that showed consumers pulling back.By completing this form, you agree to receive marketing ...

Key Takeaways Madrigal gained conditional EU approval for Rezdiffra to treat adults with noncirrhotic MASH.The EU nod to Rezdiffra followed positive phase III MAESTRO-NASH data showing fibrosis and MASH benefits.Despite approval, MDGL stock fell as investors eyed competition from Novo Nordisk's Wegovy.Madrigal Pharmaceuticals (MDGL) announced that the European Commission (EC) has granted a conditional marketing authorization to Rezdiffra (resmetirom) for the treatment of adults with noncirrhotic metabolic d ...

Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - ITT is currently highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is crucial for investors, with double-digit growth being particularly desirable as it indicates strong future prospects [4] - ITT has a historical EPS growth rate of 14.8%, with projected EPS growth of 10.6% this year, surpassing the industry average of 7.4% [5] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, allowing them to expand without relying on external funding [6] - ITT's year-over-year cash flow growth stands at 14.7%, significantly higher than the industry average of -9.2% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 6.6%, compared to the industry average of 5.3% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] - The current-year earnings estimates for ITT have increased by 1.3% over the past month, indicating a favorable outlook [9] Group 5: Overall Assessment - ITT has achieved a Zacks Rank of 2 and a Growth Score of B, suggesting it is a potential outperformer and a solid choice for growth investors [11]

Hertz is turning to Amazon to expand its used cars business.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Hertz Car Sales announced in a Wednesday (Aug. 20) news release that it had joined Amazon Autos, letting s ...

Core Insights - Lowe's Companies, Inc. reported second-quarter fiscal 2025 results with year-over-year growth in both revenue and earnings, returning to positive comparable sales during the quarter and updating its full-year outlook following the acquisition of Artisan Design Group (ADG) [1][11] Financial Performance - Adjusted earnings per share were $4.33, exceeding the Zacks Consensus Estimate of $4.23, marking a 5.6% increase from $4.10 in the same period last year [2] - Net sales reached $23,959 million, slightly missing the consensus estimate of $23,961 million but increasing from $23,586 million year-over-year, driven by a 1.1% rise in comparable sales [3] - Adjusted gross margin improved to 33.8%, up 37 basis points from the previous year, while adjusted selling, general and administrative expenses rose to $4,149 million, maintaining a stable percentage of net sales at 17.3% [4] - Adjusted operating income increased to $3,512 million from $3,404 million a year earlier, with the operating margin expanding 23 basis points to 14.7% [5] Strategic Developments - The acquisition of ADG enhances Lowe's ability to capture a larger share of Pro planned spending and strengthens its position in new home construction [6] - Lowe's announced an agreement to acquire Foundation Building Materials (FBM) for approximately $8.8 billion, which is expected to be accretive to adjusted earnings per share in the first full year post-close [7] Financial Health - As of the end of the quarter, Lowe's had cash and cash equivalents of $4,860 million, long-term debt of $30,548 million, and a shareholders' deficit of $11,400 million [8] - For the first half of fiscal 2025, operating cash flow totaled $7,610 million, with free cash flow at $6,597 million after capital expenditures of $1,013 million [9] Outlook - Management raised its full-year sales guidance to between $84.5 billion and $85.5 billion, with comparable sales expected to be flat to up 1% [11] - Earnings per share are projected to be in the range of $12.10 to $12.35, with adjusted earnings expected between $12.20 and $12.45 per share [12] Stock Performance - Lowe's shares have increased by 17.2% over the past month, outperforming the industry's rise of 13% [13]

An uptick in pessimism surrounding AI and the outlook on inflation is hurting the stock.Broadcom (AVGO -2.72%) stock is slipping in Wednesday's trading. The company's share price had fallen 2.4% as of 1:15 p.m. ET today amid the backdrop of a 0.6% decline for the S&P 500 and a 1.1% decline for the Nasdaq Composite. The stock had been down as much as 4.4% shortly after the market opened.Broadcom is under pressure today following new research from the Massachusetts Institute of Technology (MIT) suggesting tha ...