SEATTLE, May 20 (Reuters) - Microsoft ( MSFT ) kicked off a product event on Monday where it is expected to debut hardware and software related to consumer devices and AI. At the event on its campus in Redmond, Washington, the Windows maker is expected to reveal a new version of its Surface Pro tablet and Surface Laptop that feature...

Mesa Air Group, Inc. ( MESA ) shares are rocketing today after the company reported first-quarter FY24 results.  Operating revenues fell 19.3% Y/Y to $118.8 million, missing the consensus of $126.0 million. Contract revenue decreased 21.3% Y/Y owing to a reduction in CRJ-900 block hours and fewer aircraft under contract. Adjusted EBITDAR of $6.3 million came below $25.9 million in the prior year...

Dating app company Bumble Inc. ( BMBL ) has announced plans to acquire Geneva, an app designed for group and community connections based on shared interests. The financial terms were not disclosed. Bumble’s suite of apps currently includes Bumble, Badoo, Fruitz for dating, Official for committed relationships, Bumble For Friends for friendships, and Bumble Bizz for professional networking.  Bumble intends to leverage Geneva to expand the...

12:56 PM EDT, 05/20/2024 (MT Newswires) -- Progressive (PGR) has been ranked a top pick by Morgan Stanley, citing strong growth prospects and attractive pricing, while also noting that growth and margin remain underappreciated. The stock price has grown [about ] 730% over the past 10 years with a beta of 0.5, Morgan Stanley said in a note Monday. The...