08:47 AM EDT, 05/16/2024 (MT Newswires) -- Accenture ( ACN ) said Thursday it has invested in Turbine, a firm focused on building an AI-powered human biology simulation platform meant to speed drug development. Financial terms of the investment weren't disclosed. Turbine will join an Accenture Ventures program aimed at providing startups with technological tools to develop their projects. Turbine's...

08:49 AM EDT, 05/16/2024 (MT Newswires) -- Consumer stocks were higher pre-bell Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was advancing 0.3%. Walmart ( WMT ) shares rose past 6% after the company reported higher fiscal Q1 adjusted earnings and revenue. The company also said...

08:46 AM EDT, 05/16/2024 (MT Newswires) -- Walmart ( WMT ) on Thursday recorded better-than-expected fiscal first-quarter results buoyed by gains across all operating segments, prompting the retail giant to raise its full-year guidance. The company now anticipates to be at the high end or slightly above its original fiscal 2025 outlook for per-share adjusted earnings and sales growth. In...

08:03 AM EDT, 05/16/2024 (MT Newswires) -- Seadrill ( SDRL ) said Thursday it has agreed to sell its three jack-up rigs in Qatar and its 50% stake in a joint venture that operates the rigs to its JV partner Gulf Drilling International for $338 million in cash. In addition, Seadrill ( SDRL ) said its board has authorized the...