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Best Buy forecasts upbeat sales on steady gadgets demand, ads and marketplace growth
Reuters92d agobullish
Best Buy forecasts upbeat sales on steady gadgets demand, ads and marketplace growth

U.S. electronics retailer Best Buy forecast second-quarter sales above Wall Street expectations after beating Q1 estimates on Thursday, amid steady demand for ‌laptops and smartphones and growth in its ads and marketplace channels. CEO Corie ‌Barry is set to step down at the end of October and will be succeeded by Jason Bonfig, ​a company veteran who is expected to focus on expanding its higher-margin advertising and marketplace businesses. Best Buy has been "scaling new profit ⁠streams like Best Buy Ads and Marketplace that we expect to provide considerable benefit over time," Barry said.

Is ImmunityBio Inc. (IBRX) One of the Best Momentum Stocks to Buy According to Analysts?
Insider Monkey92d agobullish
Is ImmunityBio Inc. (IBRX) One of the Best Momentum Stocks to Buy According to Analysts?

ImmunityBio Inc. (NASDAQ:IBRX) is one of the best momentum stocks to buy according to analysts. ImmunityBio Inc. (NASDAQ:IBRX) announced on May 19 that the U.S. Food and Drug Administration accepted for review the supplemental Biologics License Application for ANKTIVA® in combination with Bacillus Calmette-Guerin to treat patients with BCG-unresponsive non-muscle invasive bladder cancer with papillary […]

NTNX Q1 Deep Dive: Supply Chain, New AI Offerings, and Expanding Storage Partnerships Shape Outlook
StockStory92d agobullish
NTNX Q1 Deep Dive: Supply Chain, New AI Offerings, and Expanding Storage Partnerships Shape Outlook

Hybrid multicloud computing company Nutanix (NASDAQ:NTNX) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 10% year on year to $703.1 million. On the other hand, next quarter’s revenue guidance of $735 million was less impressive, coming in 1.1% below analysts’ estimates. Its non-GAAP profit of $0.47 per share was 34.1% above analysts’ consensus estimates.

MRVL Q1 Deep Dive: Data Center Growth and AI Demand Drive Outlook Upgrade
StockStory92d agobullish
MRVL Q1 Deep Dive: Data Center Growth and AI Demand Drive Outlook Upgrade

Networking chips designer Marvell Technology (NASDAQ: MRVL) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 27.6% year on year to $2.42 billion. The company expects next quarter’s revenue to be around $2.7 billion, coming in 3% above analysts’ estimates. Its non-GAAP profit of $0.80 per share was in line with analysts’ consensus estimates.

Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only
24/7 Wall St.92d agobullish
Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only

“Last year I invested in this stock, and I am currently down 30%, patiently waiting on a rebound.” That confession came from a caller on the May 26 episode of Mad Money, asking Jim Cramer whether DoorDash still belonged in his “own it, don’t trade it” bucket. Cramer’s answer was immediate: “I think DoorDash is ... Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only

How Much Further Can the Chip Rally Run?
The Wall Street Journal92d agobullish
How Much Further Can the Chip Rally Run?

Even by the standards of the artificial-intelligence boom, the gains in chip stocks this year have been extraordinary. Sandisk has soared 570%. Intel has more than tripled. Samsung, Micron and SK Hynix have all climbed into the ranks of $1 trillion companies.

Is TransDigm’s Upgraded 2026 Outlook After Strong Q2 Results Altering The Investment Case For TDG?
Simply Wall St.93d agobullish
Is TransDigm’s Upgraded 2026 Outlook After Strong Q2 Results Altering The Investment Case For TDG?

Earlier in May 2026, TransDigm Group reported Q2 results with revenue and adjusted EPS above analyst forecasts and raised its full-year 2026 outlook, reflecting solid demand for its aerospace components. The upgraded guidance highlights how stronger-than-expected operating momentum may influence expectations for the company’s earnings power and cash generation profile. Next, we’ll examine how TransDigm’s upgraded 2026 outlook following its strong Q2 performance could reshape the company’s...

Best Crypto To Buy With $100 Right Now
24/7 Wall St.93d agobullish
Best Crypto To Buy With $100 Right Now

Major cryptos are still trading well below their 2025 peaks, and the pullback that started in late December hit altcoins way more than Bitcoin (CRYPTO: BTC). Ethereum (CRYPTO: ETH) is more than 57% off its all-time high. XRP (CRYPTO: XRP) has been stalling for months despite Ripple landing some of the biggest institutional deals in ... Best Crypto To Buy With $100 Right Now