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United Microelectronics (UMC) Hits All-Time High on Expansion Initiatives
Insider Monkey94d agobullish
United Microelectronics (UMC) Hits All-Time High on Expansion Initiatives

United Microelectronics Corp. (NYSE:UMC) is one of the 10 Stocks With Jaw-Dropping 14-74% Gains. United Microelectronics bounced back on Tuesday to hit a new all-time high, as investors took heart from its ongoing expansion plan supported by the acquisition of several assets. In intra-day trading, United Microelectronics Corp. (NYSE:UMC) climbed to its highest price of […]

American Airlines Says 'Scrolling' Just Got Upgraded As It Chooses Elon Musk's SpaceX As Inflight Wi-Fi Partner On 500 Planes — AAL Stock Spikes
Benzinga94d agobullish
American Airlines Says 'Scrolling' Just Got Upgraded As It Chooses Elon Musk's SpaceX As Inflight Wi-Fi Partner On 500 Planes — AAL Stock Spikes

American Airlines Group Inc. (NASDAQ:AAL) is betting on Elon Musk-led SpaceX to power faster in-flight internet across hundreds of planes, marking another major win for Starlink as airlines race to modernize onboard connectivity. American Airlines Picks Starlink For More Than 500 Aircraft On Tuesday, American Airlines announced that it plans to equip more than 500 narrow-body aircraft with Starlink satellite internet, including its Airbus A321neo fleet, early next year. The move comes after the

Samsung workers approve pay deal, shares surge
Reuters94d agobullish
Samsung workers approve pay deal, shares surge

Unionised workers at Samsung Electronics have approved a highly contentious bonus pay deal - one that averts a massive 18-day strike but ‌also exacerbates deep disparities in fortunes among workers at the tech conglomerate. Two unions ‌for the world's largest memory chip maker said on Wednesday that 74% of the 62,616 workers who cast their ​votes had backed the deal. Shares in Samsung surged 6%, also helped by investor frenzy over the AI boom that has driven chip sector shares higher.

Assessing American Airlines Group’s Valuation After UBS Upgrade And Fuel Cost Tailwinds
Simply Wall St.94d agobullish
Assessing American Airlines Group’s Valuation After UBS Upgrade And Fuel Cost Tailwinds

American Airlines Group (AAL) stock moved sharply higher after UBS raised its outlook on the carrier, citing easing geopolitical tensions, expectations for strong summer travel demand, and support from lower crude oil prices across airline stocks. See our latest analysis for American Airlines Group. The UBS upgrade and rally in airline stocks come after a mixed period for American Airlines, with the share price up 23.09% over 7 days and 22.69% over 30 days, but down 4.10% year to date, while...

RBC Capital Reaffirms Outperform on Emerson Electric (EMR) Despite Middle East Headwinds
Insider Monkey94d agobullish
RBC Capital Reaffirms Outperform on Emerson Electric (EMR) Despite Middle East Headwinds

Emerson Electric Co. (NYSE:EMR) is included among the 10 Best Blue Chip Stocks to Buy for Your Retirement Portfolio. On May 7, RBC Capital raised its price recommendation on Emerson Electric Co. (NYSE:EMR) to $169 from $161. It reiterated an Outperform rating following the company’s Q2 results. The firm said proactive cost management helped Emerson […]

Is Exxon Mobil (XOM) Still Attractive After A 49% One Year Share Price Surge?
Simply Wall St.94d agobullish
Is Exxon Mobil (XOM) Still Attractive After A 49% One Year Share Price Surge?

Wondering if Exxon Mobil at around US$149.81 is giving you enough value for the risk you are taking? This article walks through what the current valuation signals actually say about the stock. After a strong run over longer periods, the stock is up 22.1% year to date and 49.3% over the last year, even though it fell 7.8% in the past week and is roughly flat over the last month with a 0.6% gain. Recent headlines around Exxon Mobil have focused on its positioning within the energy sector and...

IREN to buy Blackwell systems from Dell for about $1.6 billion
Reuters94d agobullish
IREN to buy Blackwell systems from Dell for about $1.6 billion

Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled ‌Blackwell systems from Dell for about $1.6 billion, as it ‌aims to bring more capacity online to keep up with soaring ​AI demand. The deal is to service its previously announced five-year $3.4 billion cloud AI service contract with Dell, an AI server maker, IREN said in a statement. The Blackwell systems ‌will be set ⁠up across existing data centers at IREN's Childress, Texas, campus, and are expected to be ⁠ready by early 2027.