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Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts
Reuters11d agobullish
Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Wednesday a 35% ‌rise in second-quarter profit, beating analyst forecasts, on ‌continued strong demand for AI, which it predicted would drive growth this ​year. Net profit for the April to June period for Nvidia's biggest server maker and Apple's top iPhone assembler was T$59.97 billion ($1.86 billion), versus an LSEG consensus estimate of T$58.8 ‌billion and compared with ⁠T$44.4 billion a year earlier. Foxconn, formally ​called Hon Hai Precision Industry, ‌in July reported a 40% year-on-year jump in second-quarter revenue.

ICF International (ICFI) Lands $35 Million Energy Efficiency Contract
Simply Wall St.11d agoneutral
ICF International (ICFI) Lands $35 Million Energy Efficiency Contract

ICF International (NasdaqGS: ICFI) secured a new US$35 million contract with Entergy Louisiana, LLC to lead the utility's energy efficiency portfolio. The long term agreement covers a comprehensive set of programs focused on grid reliability and customer cost savings. The contract reinforces ICF International's role in large scale energy efficiency and utility program delivery. This kind of long term power grid work points to a broader theme in energy infrastructure that is worth exploring...

AbCellera Biologics (ABCL) Stock Sees Fair Value Lift After Clinical Data And Jazz Deal
Simply Wall St.11d agoneutral
AbCellera Biologics (ABCL) Stock Sees Fair Value Lift After Clinical Data And Jazz Deal

The latest analyst update on AbCellera Biologics reflects a higher Fair Value estimate of US$14.63 compared with the prior figure of US$10.43. This shift aligns with more constructive Street research that follows recent clinical data and new partnership agreements. These developments have prompted several firms to revisit their rating and price target work on the stock. Read on to see how these changing assumptions fit into the broader narrative and how you can track the story from...

Coca Cola (KO) Names Luca Santandrea General Director For Poland And Baltics
Simply Wall St.11d agoneutral
Coca Cola (KO) Names Luca Santandrea General Director For Poland And Baltics

Coca-Cola (NYSE:KO) has appointed Luca Santandrea as the new General Director for Poland and the Baltic markets. Santandrea brings nearly 20 years of international experience within Coca-Cola across emerging and developed markets. The leadership change focuses on Coca-Cola's operations and brand positioning in Poland and the wider Baltic region. This kind of leadership move highlights how global consumer companies rethink regional strategy and can prompt a closer look at other quality...

How Investors Are Reacting To Northrop Grumman (NOC) Expanding Missile Defense Production And Launching Raid Hunter
Simply Wall St.11d agobearish
How Investors Are Reacting To Northrop Grumman (NOC) Expanding Missile Defense Production And Launching Raid Hunter

Earlier this month, Northrop Grumman announced two multi-year framework agreements totaling over US$3.00 billion to accelerate production of PAC-3 MSE solid rocket motors and THAAD components, alongside unveiling its new Raid Hunter 50mm gun-based air defense system for countering cruise missiles and drone swarms. These deals and the Raid Hunter launch underscore how Northrop Grumman is deepening its role in integrated air and missile defense by pairing large-scale munitions manufacturing...

Bloomberg11d agoneutral
Activist Investor Elliott Demands Board Revamp at Northern Star

(Bloomberg) -- Activist investor Elliott Investment Management LP has urged Australia’s biggest gold miner Northern Star Resources Ltd. to overhaul its board, and named six nominees it said would restore market confidence in the company. Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesApple’s Glass-Centric 20th-Anniversary iPhone R

1 Semiconductor Stock for Long-Term Investors and 2 Facing Challenges
StockStory11d agoneutral
1 Semiconductor Stock for Long-Term Investors and 2 Facing Challenges

Semiconductors are the silicon backbone of the digital revolution. The amount of data we ingest is also increasing exponentially, leading to elevated demand for chips with more processing power. This secular trend bodes well for the industry, which has posted a six-month gain of 50.2% and beaten the S&P 500 by 39.1 percentage points.

Is Restaurant Brands International (QSR) A Bargain Following Its Latest Earnings Results?
Simply Wall St.11d agoneutral
Is Restaurant Brands International (QSR) A Bargain Following Its Latest Earnings Results?

Restaurant Brands International (NYSE:QSR) is back in focus after its latest quarterly update highlighted earnings that met or beat expectations, with Burger King momentum tied to menu changes and extensive restaurant remodeling efforts. See our latest analysis for Restaurant Brands International. The latest earnings update and capital returns have arrived after a period where Restaurant Brands International’s share price return has cooled in the short term, with the stock down over the past...

1 Cash-Heavy Stock with Exciting Potential and 2 We Question
StockStory11d agoneutral
1 Cash-Heavy Stock with Exciting Potential and 2 We Question

Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.

Micron (MU) Stock Looks Cheap Even After A Huge Run
Simply Wall St.11d agoneutral
Micron (MU) Stock Looks Cheap Even After A Huge Run

Micron Technology stock has delivered extremely strong gains over the past three years, yet the current valuation checks give a more cautious, mixed signal rather than a clear green light. Micron Technology has returned about 12x over the last three years, which puts extra focus on whether the current price already reflects a lot of good news. AI driven demand for advanced memory and storage can support expectations for Micron Technology, while intense competition from peers such as Samsung...

How Investors Are Reacting To Ares Management (ARES) Strong Q2 Earnings and Affirmed Dividends
Simply Wall St.11d agoneutral
How Investors Are Reacting To Ares Management (ARES) Strong Q2 Earnings and Affirmed Dividends

Ares Management Corporation recently reported past second-quarter 2026 results, with revenue of US$1,428.61 million and net income of US$150.64 million, alongside declaring quarterly dividends of US$1.35 per share for its common stock and US$0.84375 per share for its 6.75% Series B mandatory convertible preferred stock. The combination of higher year-on-year revenue and earnings, together with continued common and preferred dividends, highlights Ares Management’s ability to translate its...

Bullish (BLSH) Stock May Sit Above Fair Value Even After A 38% Fall
Simply Wall St.11d agobearish
Bullish (BLSH) Stock May Sit Above Fair Value Even After A 38% Fall

Bullish stock has fallen about 37.5% year to date, yet its valuation checks still do not flag it as a clear bargain. This raises questions about how much of the recent weakness is already reflected in the price. The year to date decline of roughly 37.5% suggests sentiment around Bullish has cooled sharply, even before any potential change in fundamentals is fully assessed. Bullish’s role in supporting Elemental Royalty’s recent Tether Gold dividend option may support the case for its digital...

Pfizer (PFE) Agreed To A $44 Million Chantix Settlement
Simply Wall St.11d agoneutral
Pfizer (PFE) Agreed To A $44 Million Chantix Settlement

Pfizer (NYSE:PFE) agreed to a US$44 million class action settlement related to its smoking cessation drug Chantix, addressing claims tied to product safety disclosures. The company reported positive topline Phase 3 results for LITFULO in adults and adolescents with nonsegmental vitiligo, highlighting progress in its immunology pipeline. Both developments arrive as investors track Pfizer's legal exposures alongside late stage trial data that could inform future portfolio and revenue...

3 Restaurant Stocks That Concern Us
StockStory11d agoneutral
3 Restaurant Stocks That Concern Us

From fast food to fine dining, restaurants play a vital societal role. But it’s not all sunshine and rainbows as they’re notoriously hard to run thanks to perishable ingredients, labor shortages, or volatile consumer spending. These factors have weighed on the industry over the past six months as its 3.7% return has fallen short of the S&P 500’s 11% gain.

Shares are mostly higher in Asia, with Kospi up 4%, while oil prices gain
Associated Press11d agoneutral
Shares are mostly higher in Asia, with Kospi up 4%, while oil prices gain

Asian shares were mostly higher Wednesday after U.S. stocks slipped a bit further from their records, while oil prices advanced as doubts persisted over when the war with Iran will allow crude to flow freely again. Samsung Electronics gained 7.7% and memory chipmaker SK Hynix was up 7.1%. The price of a barrel of Brent crude, the international standard, was up 0.9% at $89.67 early Wednesday.

Stock Market: Will S&P 500 Open Up or Down Today?
Benzinga Prediction Markets11d agoneutral
Stock Market: Will S&P 500 Open Up or Down Today?

U.S. stock futures are showing modest gains early Wednesday, as investors digest a mix of robust corporate earnings against the backdrop of an intensifying geopolitical impasse in the Middle East and an expected read on U.S. inflation. The Polymarket (CRYPTO:...

2 Russell 2000 Stocks to Target This Week and 1 We Turn Down
StockStory11d agobearish
2 Russell 2000 Stocks to Target This Week and 1 We Turn Down

The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.

1 of Wall Street’s Favorite Stocks on Our Buy List and 2 Facing Challenges
StockStory11d agobullish
1 of Wall Street’s Favorite Stocks on Our Buy List and 2 Facing Challenges

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Gary Black Says Investors ‘Losing Faith’ That Tesla Can Scale Autonomy—Blames Elon Musk’s Vision-Only Approach
Benzinga11d agoneutral
Gary Black Says Investors ‘Losing Faith’ That Tesla Can Scale Autonomy—Blames Elon Musk’s Vision-Only Approach

Investor Gary Black believes Tesla Inc.’s (NASDAQ:TSLA) pullback in its self-driving ambitions is causing investors to lose faith that the company will eventually solve autonomy. Gary Black Outlines ‘Fundamental’ Reason Behind Robotaxi Slowdown In a series of posts on X, The Future Fund LLC co-founder opined that there was “some fundamental reason” behind Tesla slowing down its unsupervised Full Self-Driving (FSD) and Robotaxi targets. Read Also: Tesla Burns Through Funds Allocated for Gavin New