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Devon Energy (DVN) Well Supported By Current Backdrop Of Discounted U.S. Producer Valuations
Insider Monkey79d agobearish
Devon Energy (DVN) Well Supported By Current Backdrop Of Discounted U.S. Producer Valuations

With significant hedge fund interest and analyst support (37.1% upside), Devon Energy Corporation (NYSE:DVN) ranks among the best commodity stocks to buy in 2026. According to Mizuho, Devon Energy Corporation (NYSE:DVN) is well supported by the current backdrop of prolonged supply disruption, rising price forecasts, and discounted U.S. producer valuations. On May 27, 2026, Mizuho […]

DVN
Oil Drops as Israel and Lebanon Agree to Conditional Ceasefire
Bloomberg79d agobearish
Oil Drops as Israel and Lebanon Agree to Conditional Ceasefire

(Bloomberg) -- Oil fell following three days of gains after Israel and Lebanon agreed to a ceasefire if Hezbollah also stops hostilities, which would remove a key sticking point in talks to end the Iran war. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableTikTok Billionaire Overtakes

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Broadcom shares plunge after AI forecast disappoints
Reuters Videos79d agobearishVIDEO
Broadcom shares plunge after AI forecast disappoints

<body><p>STORY: The AI boom isn’t boosting all chip stocks equally.</p><p>Shares in Broadcom plunged as much as 13% Wednesday after its outlook for demand disappointed investors.</p><p>The U.S. firm said it expects AI chip revenue of $16 billion in the third quarter, a little below expectations.</p><p>Revenue for the previous period also fell short of Wall Street hopes.</p><p>Chief Executive Hock Tan said Broadcom was leaving its long-range forecast for AI chip sales unchanged at $100 billion.</p><p>The firm’s ability to meet demand has been strained by supply chain issues.</p><p>It also faces a growing threat from rivals like Marvell Technology, which is making inroads with sales to tech giants.</p><p>Even so, Broadcom remains a major beneficiary of the AI investment race.</p><p>Analysts say it has a strong position in custom chips.</p><p>They are in hot demand amid the rise of inference - the process by which chatbots respond to user queries.</p><p>Big Tech firms like Alphabet and Microsoft are expected to spend some $700 billion on AI infrastructure this year, with much of that money set to flow to chipmakers.</p></body>

AVGOMRVL
Stocks drop on AI, rate hike worries as Lebanon deal hits oil
AFP79d agobearish
Stocks drop on AI, rate hike worries as Lebanon deal hits oil

Stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while stronger-than-expected US data compounded speculation the Federal Reserve could hike interest rates.Speculation is rising that a strong reading -- which would compound the war-fuelled spike in inflation -- could put more pressure on the Fed to hike rates.

AVGONVDA^DJI^IXIC
Home Depot rival hardware chain files Chapter 11 bankruptcy
TheStreet79d agobearish
Home Depot rival hardware chain files Chapter 11 bankruptcy

Independent home improvement chains face intense competition from major big-box retailers like Home Depot and Lowe’s, which has resulted in the smaller competitors having financial distress and, in some cases, filing for bankruptcy. Home Depot dominated the home improvement sector, ...

AMZNHDLOW
A Look At BWX Technologies (BWXT) Valuation After Defense Contracts And Sector Selloff
Simply Wall St.79d agobearish
A Look At BWX Technologies (BWXT) Valuation After Defense Contracts And Sector Selloff

BWX Technologies (BWXT) is drawing fresh attention after its shares moved lower alongside a sector-wide aerospace and defense selloff, even as the company secured over US$1.4b in U.S. Naval Nuclear Propulsion Program contracts. See our latest analysis for BWX Technologies. That sector-wide weakness has pulled BWX Technologies’ 7 day share price return down 7.15% and its 30 day share price return down 14.75%. However, the 1 year total shareholder return of 44.14% and 5 year total shareholder...

BWXT