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After beating Samsung, tech titan files for IPO
TheStreet52d agobullish
After beating Samsung, tech titan files for IPO

SK Hynix builds the memory chips wired into Nvidia’s most advanced AI processors, supplying a component so scarce that customers now reserve production years in advance. This week the South Korean company asked U.S. regulators for permission to list its shares on the Nasdaq for the first time in ...

Kroger to buy grocer Giant Eagle as competition heats up
Reuters Videos52d agobullishVIDEO
Kroger to buy grocer Giant Eagle as competition heats up

<body><p>STORY: :: Kroger</p><p>Shares of U.S. grocer Kroger fell about 2% Wednesday morning after the company said it would buy regional supermarket chain Giant Eagle in a nearly $1.7 billion deal.</p><p>:: Archive</p><p>The move strengthens Kroger's presence in the Midwest and the Mid-Atlantic region amid intensifying competition.</p><p>The transaction is the first under CEO Greg Foran, and is also Kroger's first major acquisition since its $25 billion merger with Albertsons fell apart in 2024.</p><p>:: Archive</p><p>Family-owned Giant Eagle generates about $9 billion in annual sales. It operates nearly 200 supermarkets and about a dozen standalone pharmacies across parts of Ohio, Pennsylvania, West Virginia, Maryland and Indiana.</p><p>:: Kroger</p><p>Foran said the chain was a good strategic fit for Kroger, which has been battling intense competition from Walmart, Amazon and other grocers as still-elevated inflation has many consumers seeking cheaper essentials.</p><p>Kroger has previously said it plans to cut prices on thousands of items, funded partly by direct imports and better use of technology.</p><p>The Giant Eagle acquisition is expected to close in 2027.</p></body>

Palantir Jumps 9% on NVIDIA Sovereign-AI Deal, Palo Alto Networks Climbs 4%
24/7 Wall St.52d agobullish
Palantir Jumps 9% on NVIDIA Sovereign-AI Deal, Palo Alto Networks Climbs 4%

Palantir Technologies (NASDAQ:PLTR) stock is up 9% to $127.31 in midday trading on Wednesday, leading a broad AI-software rally after the company unveiled a sovereign-AI partnership with NVIDIA (NASDAQ:NVDA). Palo Alto Networks (NASDAQ:PANW) stock is riding the risk-on tape higher, up 4% to $355.40. The move for Palantir stock caps a sharp reversal for a ... Palantir Jumps 9% on NVIDIA Sovereign-AI Deal, Palo Alto Networks Climbs 4%

‘Market Resilience to Continue in 2H26’: Raymond James Picks 2 ‘Strong Buy’ Stocks to Consider
TipRanks52d agobullish
‘Market Resilience to Continue in 2H26’: Raymond James Picks 2 ‘Strong Buy’ Stocks to Consider

The first six months of 2026 gave investors almost everything they could ask for, except a quiet market. Stocks weathered a Middle East war that sent energy prices climbing, a resurgence in inflation that kept interest-rate expectations in flux, and recurring questions about whether the multibillion-dollar wave of AI spending could keep delivering attractive returns. Those concerns triggered several pullbacks during the first half, yet investors repeatedly stepped in as corporate earnings held u

Investing.com52d agobullish
Goldman Sachs initiates FedEx Freight with Buy, sees 23% margin expansion upside

Investing.com -- Goldman Sachs initiated coverage of FedEx Freight Holding with a Buy rating and a $186 price target, implying roughly 23% upside from current levels, citing the newly independent less-than-truckload carrier’s potential to improve profitability, pricing power and cash generation following its spin-off from FedEx.

Investing.com52d agobullish
Baird starts Abbott at Outperform, sees product pipeline driving growth

Investing.com -- Baird initiated coverage of Abbott Laboratories with an "Outperform" rating and a $121 price target, saying the diversified healthcare company's portfolio and upcoming product launches position it for stronger earnings growth despite near-term headwinds.

Imperial Oil (IMO) Gets Toronto Stock Exchange Approval for 5% Share Buyback
Insider Monkey52d agobullish
Imperial Oil (IMO) Gets Toronto Stock Exchange Approval for 5% Share Buyback

Imperial Oil Ltd. (NYSE:IMO) is one of the 10 integrated oil and gas companies to invest in according to hedge funds. On June 23, the Toronto Stock Exchange granted Imperial Oil Ltd. (NYSE:IMO) approval to initiate a normal course issuer bid (NCIB), which permits the business to buy back up to 5% of its common […]