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Matrix Asset Advisors, an asset management company, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The stock market rebounded strongly in the second quarter, with the S&P 500 gaining 15.2% in the quarter and 10.2% year-to-date. Investors overlooked inflation concerns exceeding 4% and geopolitical tensions, focusing instead on […]
Video game publisher Take Two (NASDAQ:TTWO) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 7.8% year on year to $1.53 billion. On the other hand, next quarter’s revenue guidance of $1.45 billion was less impressive, coming in 18.3% below analysts’ estimates. Its GAAP loss of $0.18 per share was 13.9% above analysts’ consensus estimates.
The semiconductor sector plunged amid short-selling, forced selling, and the introduction of a new highly capable Chinese model.
International Business Machines has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
(Updates with Grand Theft Auto release date in seventh paragraph.) Take-Two Interactive Software
Matrix Asset Advisors, an asset management company, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The stock market rebounded strongly in the second quarter, with the S&P 500 gaining 15.2% in the quarter and 10.2% year-to-date. Investors overlooked inflation concerns exceeding 4% and geopolitical tensions, focusing instead on […]
Revenue grew just 3%, and the CEO said the quarter missed the company's own standard
Investors need to pay close attention to APTV stock based on the movements in the options market lately.
Trimble has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.
The global hotel chain reported a notable insider stock sale.
The company raised full-year guidance for the second straight quarter
First Solar stock continued to surge early Friday after President Donald Trump imposed minimum import prices and tariffs on polysilicon, a key component of solar panels and base material for semiconductors. After release of the order late Thursday, Wells Fargo hiked its price target on FSLR stock to 313 from 300, keeping an overweight rating. The analysts said that the order, based on section 232 of the Trade Expansion Act, would be even more favorable for First Solar than anticipated.
The connectivity cloud company posted Q2 revenue of $696.1 million, up 36% year over year, and now expects full-year revenue of up to $2.87 billion
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
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