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Ciena reports fiscal Q2 earnings beat, shares slide on guidance
Proactive83d agobullish
Ciena reports fiscal Q2 earnings beat, shares slide on guidance

Ciena Corporation (NYSE:CIEN) reported fiscal second quarter that came in ahead of Wall Street expectations for both earnings and revenue, but shares fell about 19% on concerns about the company’s forward guidance and outlook relative to elevated expectations. Ciena raised its fiscal 2026...

Dow Climbs More Than 800 Points in Broad Rally
Barrons.com83d agobullish
Dow Climbs More Than 800 Points in Broad Rally

The Dow surged back to record levels on Thursday as big financial stocks provided a boost. The blue-chip index rose 866 points or 1.7%, on pace for an all-time high and its biggest percentage gain since April. If the Dow closes at a record today, it would mark its 15th record in 2026.

Microsoft xPilot Links AI Retail Twins To Long Term Azure Story
Simply Wall St.83d agobullish
Microsoft xPilot Links AI Retail Twins To Long Term Azure Story

Microsoft (NasdaqGS:MSFT) has introduced xPilot with Hanshow, a retail-focused platform that applies real-time AI to physical store operations. The solution uses Azure and Microsoft Fabric to connect in-store data with retailer business systems, supporting digital twins and AI agents for store execution. Rainbow Department Store is one of the early adopters, providing a live testbed for operational and process improvements in brick and mortar retail. For investors watching Microsoft at a...

Assessing Globalstar (GSAT) Valuation After A Multi Year Surge And Recent Pullback
Simply Wall St.83d agobullish
Assessing Globalstar (GSAT) Valuation After A Multi Year Surge And Recent Pullback

Why Globalstar stock is drawing investor attention now Globalstar (GSAT) has attracted attention after a period of strong multi year total returns, with the stock up 3,159% over the past year and 3,317% over the past 3 years. See our latest analysis for Globalstar. Even after a very large 1 year total shareholder return of around 3x, recent trading has cooled. The 7 day share price return is down 3.2%, and the 1 day move is down 1.3% from a last close of US$81.6. If Globalstar’s run has you...

Oracle (ORCL) – Among the 10 No-Brainer Dividend Stocks to Buy
Insider Monkey83d agobullish
Oracle (ORCL) – Among the 10 No-Brainer Dividend Stocks to Buy

Oracle Corporation (NYSE:ORCL) is included among the 10 No-Brainer Dividend Stocks to Buy. On June 2, Scotiabank raised its price recommendation on Oracle Corporation (NYSE:ORCL) to $290 from $215. It reiterated an Outperform rating on the stock. The firm said it continues to favor Oracle’s structural position in the AI-accelerated cloud market. While the analyst […]

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports
Reuters83d agobullish
Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports

Goldman Sachs expects revenue from SpaceX's AI division to surge to $322 billion by 2030, up from $3.2 billion ‌in 2025, according to the Wall Street bank's forecasts shared ‌with a potential investor, the Financial Times reported on Thursday. The investment bank has estimated ​SpaceX's total revenue to reach $474 billion in 2030 from $18.7 billion last year, the report added. Goldman has forecast revenue at SpaceX's AI segment to soar 388% from a year earlier to $15.6 billion in 2026, and reach $34.5 ‌billion in 2027, according to ⁠the report, citing a person familiar with the matter.

Is Costco (COST) One of the 10 No-Brainer Dividend Stocks to Buy?
Insider Monkey83d agobullish
Is Costco (COST) One of the 10 No-Brainer Dividend Stocks to Buy?

Costco Wholesale Corporation (NASDAQ:COST) is included among the 10 No-Brainer Dividend Stocks to Buy. On June 1, DA Davidson maintained its Neutral rating on Costco Wholesale Corporation (NASDAQ:COST). It also set a $1,000 price target on the stock. At the same time, the firm added the stock to its “Best-of-Breed Bison List,” a group of […]

The Fed’s Next Move Will Determine Whether GLD Can Extend Its 36% Rally
24/7 Wall St.83d agobullish
The Fed’s Next Move Will Determine Whether GLD Can Extend Its 36% Rally

The SPDR Gold Shares (NYSEARCA:GLD) has quietly become one of the largest stories in markets, with the fund now holding roughly $1.2 trillion in net assets after a 36% gain over the past 12 months. GLD is the largest physically backed gold ETF in the world, and shares recently closed near $417. After a torrid ... The Fed’s Next Move Will Determine Whether GLD Can Extend Its 36% Rally