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Wall Street week ahead: Home Depot and Walmart report earnings, minutes of Fed meeting are released
Associated Press2d agoneutral
Wall Street week ahead: Home Depot and Walmart report earnings, minutes of Fed meeting are released

Wall Street will get financial updates from some of the nation's biggest retailers this week, along with more details from the Federal Reserve's most recent meeting. Home Depot reports its latest results on Tuesday, followed by Target and Lowes on Wednesday, and then Walmart on Thursday. The ongoing U.S. war with Iran prompted a surge in oil prices, which jolted gasoline prices.

Masco (MAS): Buy, Sell, or Hold Post Q2 Earnings?
StockStory2d agoneutral
Masco (MAS): Buy, Sell, or Hold Post Q2 Earnings?

Masco currently trades at $75.17 per share and has shown little upside over the past six months, posting a small loss of 1.7%. The stock also fell short of the S&P 500’s 11.7% gain during that period.

Intel's $20 billion stock sale has surprising upside
TheStreet2d agoneutral
Intel's $20 billion stock sale has surprising upside

Intel (INTC) priced a $20 billion stock offering this week, one of the largest equity raises in the history of the chip industry. Shares fell nearly 4% when the deal was first announced, the kind of sell-off dilution almost always produces, according to CNBC. But at Bank of America, longtime ...

Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others
Reuters2d agoneutral
Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others

A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly ‌50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on the ‌group's website. Philips said it had been targeted by Cl0p while Shell said it was aware of a recent "possible incident", confirming an ​earlier report on Thursday by Dutch media outlet BNR. "We are working with our security teams and relevant experts to investigate the situation," a Shell spokesperson said.

Battle of the briefs: UP-NS fires back at AGs anti-merger letter
FreightWaves2d agoneutral
Battle of the briefs: UP-NS fires back at AGs anti-merger letter

Union Pacific and Norfolk Southern turn to former federal anti-trust officials to refute claims by red state Attorneys General opposing their transcontinental rail merger. The post Battle of the briefs: UP-NS fires back at AGs anti-merger letter appeared first on FreightWaves.

Figure Technology Solutions Q2 Earnings Call Highlights
MarketBeat2d agoneutral
Figure Technology Solutions Q2 Earnings Call Highlights

Figure Technology Solutions (NASDAQ:FIGR) reported second-quarter results marked by triple-digit growth in consumer loan marketplace volume, expanding adoption of its Figure Connect tokenized loan marketplace and a higher share of fee-based revenue. Consumer loan marketplace volume reached $4.3 bil

Bit Digital Q2 Earnings Call Highlights
MarketBeat2d agoneutral
Bit Digital Q2 Earnings Call Highlights

Bit Digital (NASDAQ:BTBT) reported second-quarter revenue of $32.1 million, up 15% sequentially, as cloud services growth helped offset lower Ethereum staking and bitcoin mining revenue. The company also outlined a capital-allocation strategy centered on its Ethereum holdings and its majority intere

AMD looks to raise $4 billion to $5 billion in debt offering, source says
Reuters2d agoneutral
AMD looks to raise $4 billion to $5 billion in debt offering, source says

Advanced Micro Devices on Thursday launched a four-part debt ‌offering that could raise between $4 billion ‌and $5 billion, according to terms reviewed by Reuters, as the ​chipmaker looks to fund general corporate purposes and potentially repay existing debt. The offering includes senior unsecured notes due in 2029, 2031, 2033 and ‌2036. Initial price discussions ⁠were set at about 70 basis points over U.S. Treasuries for the ⁠3-year notes, 90 basis points for the 5-year tranche, 100 basis points for the 7-year ​notes and ​115 basis points for ​the 10-year debt.

Morgan Stanley doubles down on SpaceX stock for investors
TheStreet2d agoneutral
Morgan Stanley doubles down on SpaceX stock for investors

There is a number making the rounds on Wall Street right now that would have seemed disconnected from reality 12 months ago: a $600 price target for a company that went public at $135 in June and briefly fell below that listing price within weeks of trading. That kind of number does not get ...