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Chevron Stock Is an Absolute Steal at 11 Times Forward Earnings
24/7 Wall St.73d agoneutral
Chevron Stock Is an Absolute Steal at 11 Times Forward Earnings

Chevron (NYSE:CVX) is an integrated energy major whose July 2025 Hess acquisition added Guyana, Bakken, and Gulf of America assets. With WTI near $95 and the Fed funds rate sitting at 3.75% after 75 basis points of cuts, the question I want to answer is whether income investors can trust the payout. Dividend Snapshot Metric ... Chevron Stock Is an Absolute Steal at 11 Times Forward Earnings

Why Your Summer Tomatoes Cost So Much
Bloomberg73d agoneutral
Why Your Summer Tomatoes Cost So Much

(Bloomberg) -- Juicy tomatoes are a summer staple often slipped into burgers or sliced atop a salad. But weather disruptions in two major growing regions have driven up prices for the vegetable, and consumers shouldn’t expect much relief for their wallets in the months ahead.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineStocks Climb a

Michael Burry teases mystery U.S. stock with 30-year rule
TheStreet73d agoneutral
Michael Burry teases mystery U.S. stock with 30-year rule

Michael Burry normally doesn't care about the market's preferred trade. The investor is more famous for waiting until Wall Street looks the other way, then buying when the numbers give him reason to act. His newest thesis is founded on one of the simplest valuation signals in investing: tangible ...

Fox to Buy Roku at $22 Billion Value in Streaming Video Push
Bloomberg73d agobullishVIDEO
Fox to Buy Roku at $22 Billion Value in Streaming Video Push

Fox Corp. agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming.  The deal will blend Fox's sports, news and entertainment channels, including the free, ad-supported Tubi, with Roku's streaming platform of more than 100 million subscribers, the companies said in a statement Monday. The acquisition will create the third-largest player in the US television market by share of viewing, spanning broadcast, cable, local and streaming, the companies said. "This combination will transform the scope of our company into high-growth verticals and yield a step change in our overall growth profile," Fox Chief Executive Officer Lachlan Murdoch said in the statement. For more on Fox's acquisition of Roku, Bloomberg Intelligence Analyst on US Media, Geetha Ranganathan, joins Paul Sweeney and Scarlet Fu on "Bloomberg Intelligence."

Investing.com73d agobullish
Paychex upgraded to Buy by Citi on growth rebound, AI tailwinds

Investing.com -- Paychex received an upgrade from Citi, which raised its rating on the human capital management company to Buy from Neutral and increased its price target to $140 from $99, citing improving growth trends, benefits from the Paycor acquisition, and emerging AI-driven opportunities.

Investing.com73d agobearish
Accenture downgraded by Morgan Stanley as AI spending crowds out IT service demand

Investing.com -- Morgan Stanley downgraded Accenture to Equal-weight from Overweight and slashed its price target to $177 from $240, arguing that the anticipated boost to IT services spending from artificial intelligence investments has yet to materialize as enterprises continue to prioritize AI projects over traditional discretionary technology spending.

Salesforce to Buy AI Firm That Handles Customer Service
Bloomberg73d agobullishVIDEO
Salesforce to Buy AI Firm That Handles Customer Service

Salesforce Inc. has agreed to buy Fin, a firm that develops artificial intelligence-powered customer agents, for about $3.6 billion as the software company works to win new business for enterprise AI. Fin's flagship product, AI Agent, handles customer queries via chat, email, WhatsApp, text message, phone and Slack. Bloomberg Intelligence Technology Analyst Anurag Rana joined Paul Sweeney and Scarlet Fu on "Bloomberg Intelligence."

KFC makes key change that’s not on the menu
TheStreet73d agoneutral
KFC makes key change that’s not on the menu

Funny enough, the next fast-food war may not be fought over chicken sandwiches, sauces, or value meals. It might be fought over the restaurant itself, and that shift isn’t hard to spot. Taco Bell has tested futuristic drive-thrus. Chipotle built newer formats around digital pickup. Chick-fil-A has ...

SpaceX Stock Trades Higher Again After Historic IPO
The Wall Street Journal73d agoneutral
SpaceX Stock Trades Higher Again After Historic IPO

Shares of SpaceX rose more than 10% Monday, putting Elon Musk’s rocket company within reach of Amazon's market capitalization. Last week, the company pulled off the largest initial public offering ever and one of the smoothest in recent history.