The consumer-products giants is working “harder than we’ve had to in a long time” to win over shoppers, its CFO says.
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Morningstar maintained a $1,000 price target on SanDisk and assigned the shares a ‘Very High’ uncertainty rating.
Gov. Gavin Newsom (D-CA) slammed President Donald Trump amid rising gas prices at pumps as the latter addressed a crowd at General Motors Co.‘s facility in Milford, Michigan, on Monday. Trump Does Not Care About Rising Costs Newsom quoted a...
SK Hynix (NASDAQ:SKHY) reported record quarterly earnings on Wednesday, but its shares tumbled nearly 10% after the results fell short of elevated market expectations, fuelling concerns that spending on artificial intelligence infrastructure by major technology companies could begin to slow. The South Korean memory chip maker, a key supplier to Nvidia, is also pursuing more long-term supply agreements as it looks to reduce exposure to the semiconductor industry’s cyclical demand swings.
Power generation products company Generac (NYSE:GNRC) fell short of the market’s revenue expectations in Q2 CY2026, but sales rose 10.6% year on year to $1.17 billion. Its non-GAAP profit of $2.91 per share was 44.6% above analysts’ consensus estimates.
Biogen’s second-quarter profit plummeted and the biopharmaceutical company cut its full-year adjusted earnings forecast.
Teladoc Health stock is coming off a very steep 5 year decline. Current checks suggest the shares may now be trading below a reasonable estimate of intrinsic value, with both the Discounted Cash Flow (DCF) work and market based multiples pointing to upside at the recent US$9.36 close. Teladoc Health shareholders have seen the stock fall 93.8% over the past 5 years, which means any current valuation gap matters a lot for investors who are reassessing the long term case. The planned Teladoc...
Data center products and services company Vertiv (NYSE:VRT) fell short of the market’s revenue expectations in Q2 CY2026, but sales rose 24.1% year on year to $3.27 billion. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $3.75 billion at the midpoint, or 0.9% above analysts’ estimates. Its non-GAAP profit of $1.52 per share was 6.4% above analysts’ consensus estimates.
Leverage is making the punishing semiconductor plunge even harder to recover from.
(Bloomberg) -- Executives and investors tied to the AI supply chain were among the biggest insider sellers in the second quarter, taking advantage of a sharp — and volatile — rally in technology stocks.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsApple Set to Make Big Smart Home Push
ARDX, BDORY and AXSM have been added to the Zacks Rank #5 (Strong Sell) List on July 29, 2026.
Investors braced for a Fed decision, a flood of earnings, and a potential reescalation in the war with Iran.
Plug Power stock has given investors a harsh lesson in valuation, with the share price down about 92.6% over five years even as current checks still point to the shares looking expensive rather than like a clear bargain. After that kind of long term decline, the key issue is whether today’s price finally reflects the risks around the business or still embeds too much optimism. Plug Power has declined about 92.6% over the past five years, which puts the current share price under pressure to...
The latest selloff extends a sharp decline in memory chip stocks that began late last month.
Plug Power (PLUG) is in focus after launching its Project Quantum Leap restructuring program and agreeing to sell a Graham, Texas hydrogen project, with August quarterly results set to test this turnaround effort. See our latest analysis for Plug Power. Plug Power’s recent announcements sit against a weak short term share price trend, with the 30 day share price return down 22.83% and the 90 day share price return down 42.52%. The 1 year total shareholder return is 23.27%, but the 3 year...
FTSE 100 up 7 points to 10,878 Earlier topped 10,949 - a new intraday high Results out from Glencore, Reckitt, Greggs, Aberdeen, Weir, Lancashire 10.52am: FTSE attractions in full effect today The FTSE 100 sneaked above its all-time high from February in early trading "helped by...
Qualcomm will report its fiscal third-quarter results on Wednesday afternoon as it seeks to diversify away from mobile phones.
Meanwhile, SK Hynix’s second-quarter report, which was below expectations, triggered a wide selloff in memory stocks in the overnight session late Tuesday.
NXPI shares are heading for the fifth straight day in the red.
(Bloomberg) -- South Korea’s stock selloff deepened as SK Hynix Inc.’s earnings disappointed, worsening the already‑jittery sentiment around artificial intelligenceMost Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsApple Set to Make Big Smart Home Push With Siri AI at CenterCitadel Securities Sees Warsh Delivering Surprise Fed HikeUEFA Considering Boycott of FIFA Tournaments in Brewing FeudThe benchmark K
South Korea’s Kospi stock index dropped more than 8% on Wednesday as doubts over massive investments in artificial intelligence once again led investors to dump shares. The latest rout was led by a plunge in shares in chipmaker SK Hynix after its operating profit in the last quarter fell short of analysts’ forecasts even though it soared sixfold to a record 60.5 trillion won ($41.2 billion). SK Hynix sank 12.6% while shares in Samsung Electronics dropped 8%.
Investors shifted away from capital-intensive AI and clean-energy stocks amid profitability concerns.
SKHY stock dropped 7% in the overnight session late Tuesday, while MU and SNDK fell about 5% each.
Analysts raised price targets, but concerns over lower margins, and weak package volumes kept investors cautious about the company's outlook.
South Korean memory-chip maker SK Hynix missed Q2 sales estimates but its net profit rocketed due to investment gains. SKHY stock rose late.
Chinese authorities have imposed new barriers on Western Digital’s Sandisk unit, adding fresh constraints on its China operations in 2026. These measures come as China ramps up state-backed initiatives and competitive efforts that weigh on foreign chipmakers’ supply chains and market access. The developments coincide with a wider chip sector selloff that has pushed the Nasdaq 100 into correction territory. Western Digital, traded as NasdaqGS:WDC, sits at the crossroads of flash storage,...
Ford is expanding its customization and aftermarket business to capture more of the $53 billion U.S. aftermarket, adding accessories, performance parts and exclusive limited-edition vehicle “drops.” Ford Custom Garage debuted its first limited-edition “vehicle drop” on Monday, unveiling a desert...
The past year hasn’t been kind to the stocks featured in this article. Each has tumbled to its lowest point in 12 months, leaving investors to decide whether they’re witnessing fire sales or falling knives.