's rally may have had. While the artificial intelligence stock climbed back from early losses to finish the session 0.8% higher, the three major indexes weren't able to do the same. TheA Salesforce corporate logo hangs over the front door of the Salesforce Tower on January 22, 2024, in New York City.in premarket trading Thursday after the cloud software company posted weaker-than-expected revenue. Despite increasing 11% to $9.13 billion from $8.
The acquisition is set to extend ConocoPhillips' reach across shale fields in Texas, New Mexico and North Dakota by adding 2 billion barrels of resources to its inventory. According to analysts at Truist Securities, the deal will make the company one of the largest asset holders in the Bakken shale play in North Dakota and the Eagle Ford play in Texas. It'll also raise its market cap to above $150 billion, increasing its lead even further as the largest independent producer.
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