Company News for July 11, 2024

From Nasdaq: 2024-07-11 07:58:00

Shares of Intuit Inc. (INTU) dropped 2.6% after announcing a 10% workforce cut for AI priorities. HubSpot, Inc. (HUBS) fell 12.1% when Alphabet Inc. (GOOG) ended acquisition talks. LegalZoom.com, Inc. (LZ) shares dropped 25.4% post CEO departure news. Advanced Micro Devices, Inc. (AMD) increased 3.9% after announcing a $665 million deal to acquire Silo AI. Infrastructure stock boom in the US on the horizon with trillions set to be spent on rebuilding. Zacks offers a free report on 5 companies poised to benefit from the infrastructure spending frenzy.



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