Author: Bella Hayes

REDWOOD CITY, Calif.—Lath Hitesh, the Chief Financial Officer of C3.ai, Inc. (NYSE:), recently sold a significant portion of the company’s stock. According to a recent SEC filing, Hitesh sold 11,339 shares of Class A Common Stock on December 9, 2024, at a price of $42 per share, amounting to a total transaction value of $476,238. The sale comes as C3.ai’s stock has shown remarkable momentum, with a 21% gain over the past six months and a market capitalization of approximately $4.9 billion. Following this transaction, Hitesh retains ownership of 851 shares in the company. The sale was conducted under a…

Investing.com– Australia’s job market grew more than expected in November after a brief slowdown in the prior month, as the labor market remained strong despite pressure from high rates and inflation. The  grew by 35,600 in November, data from the Australian Bureau of Statistics showed on Thursday. The reading was higher than expectations of 26,000 people, and rose sharply from the 15,900 seen in the prior month. This brought Australia’s – which gauges the percentage of the population that is in the labor space- down slightly to 67.0% in November, compared to expectations it would remain steady at 67.1%. The…

By Nora Eckert and David Shepardson DETROIT (Reuters) – General Motors (NYSE:) needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker’s decision to do so was still a disappointing end for an operation that GM had touted as a potential $50 billion revenue generator by 2030. The largest U.S. automaker on Tuesday pulled the plug on Cruise after evaluating the continued investments needed in a competitive space, executives said, adding they intend to fold some of Cruise’s talent into GM to continue development of driver assistance systems. “We consider the news a…

New York, New York–(Newsfile Corp. – December 11, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Marqeta , Inc. (NASDAQ: NASDAQ:) between May 7, 2024 and November 4, 2024, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 7, 2025 in the securities class action first filed by the Firm. SO WHAT: If you purchased Marqeta securities during the Class Period…

Melissa M. Tomkiel, President and General Counsel of Blade Air Mobility, Inc. (NASDAQ:BLDE), recently sold 22,486 shares of the company’s Class A common stock. The shares were sold at a weighted average price of $5.012 each, totaling approximately $112,699. This transaction was carried out under a Rule 10b5-1 trading plan, which was established by Tomkiel on December 14, 2023. Additionally, 34,018 shares were withheld by Blade Air Mobility to cover tax obligations related to the vesting of restricted stock units, valued at a price of $4.72 per share. Following these transactions, Tomkiel now directly owns 1,005,122 shares of Blade Air…

In recent activity involving agilon health, inc. (NYSE:AGL), John William Wulf, serving as a director, acquired a significant tranche of the company’s common stock. The purchase comes as the stock has declined over 83% year-to-date, with InvestingPro analysis suggesting the shares may be undervalued at current levels. According to a recent SEC filing, Wulf purchased 45,000 shares on December 5, 2024, at a weighted average price of $2.181 per share. This transaction amounted to a total value of approximately $98,145. Following this acquisition, Wulf’s direct ownership stands at 206,133 shares, which includes restricted stock units. The shares were acquired in…

By Shariq Khan and Shashwat Awasthi NEW YORK (Reuters) – U.S. oil major Chevron Corp (NYSE:) is considering ways to supply lower carbon power for data center operators, Jeff Gustavson, president of Chevron New Energies said in an interview at the Reuters NEXT conference in New York. Gustavson’s comments follow a similar announcement by Exxon Mobil (NYSE:) on Wednesday, which said it is working to help advance low-carbon electricity by adding carbon-capture to natural gas-fired power plants supplying data centers. “We are working on this as well,” Gustavson said, adding that Chevron’s experience supplying around the world, and operating natural…

In addition to the sale, Pacheco exercised stock options to acquire 13,334 shares at a price of $9.195 per share. Following these transactions, Pacheco holds 235,960 shares in the company. These moves are part of routine financial management by executives and provide insights into their confidence in the company’s future performance. According to InvestingPro analysis, the company appears undervalued based on its Fair Value metrics, with analysts maintaining a bullish consensus and setting price targets between $21 and $27. InvestingPro subscribers can access 8 additional key insights and a comprehensive Pro Research Report for deeper analysis of PENG’s financial health…

In a recent transaction, Shannon Browning Kinney, Executive Vice President, Chief Administrative Officer, General Counsel, and Corporate Secretary of Chord Energy Corp (NASDAQ:CHRD), sold 1,000 shares of the company’s common stock. The shares were sold at a price of $121.27 each, amounting to a total transaction value of $121,270. Following this sale, Kinney retains ownership of 20,488 shares in the company. Additionally, the report includes details about derivative securities, specifically performance share units, which indicate an adjusted holding of 1,455 shares due to a correction of a previous reporting error. In other recent news, Chord Energy Corp has been the…

Suzanne G. Smith, Vice President and Chief Accounting Officer at Mueller Water Products, Inc. (NYSE:), recently sold a significant portion of her holdings in the company. The transaction comes as Mueller Water Products has seen remarkable performance, with the stock up over 75% year-to-date according to InvestingPro data. On December 9, Smith sold 26,138 shares of common stock at an average price of $24.9945, totaling approximately $653,306. In addition to the sale, Smith also exercised stock options, acquiring a total of 26,138 shares at prices ranging from $11.41 to $13.64. These transactions resulted in a total value of $327,305 for…