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Intel (INTC): Buy, Sell, or Hold Post Q1 Earnings?
StockStory99d agoneutral
Intel (INTC): Buy, Sell, or Hold Post Q1 Earnings?

Intel has been on fire lately. In the past six months alone, the company’s stock price has rocketed 203%, reaching $123.10 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Broadcom Stock Is Ready To Buy, But There's A Catch
Investor's Business Daily99d agobullish
Broadcom Stock Is Ready To Buy, But There's A Catch

Broadcom stock is biding time in a buy zone of a cup base ahead of the next earnings report, due soon. Analysts expect bolstered sales and profit growth, making it Wednesday's IBD 50 Growth Stocks To Watch pick. Broadcom pulled back during Wednesday's session after earlier gains.

Another Company Trades AI Layoffs For Stock Price
24/7 Wall St.99d agobearish
Another Company Trades AI Layoffs For Stock Price

It has become a pattern. A public company lays off employees and says it has found new efficiencies due to AI. Its stock trades higher immediately. This happened yesterday. The job loss count was modest. Groupon (NASDAQ: GRPN) cut 400 people, but the cut was high relative to its overall employee count. It employs a ... Another Company Trades AI Layoffs For Stock Price

Modine Manufacturing Q4 Earnings Call Highlights
MarketBeat99d agoneutral
Modine Manufacturing Q4 Earnings Call Highlights

Modine Manufacturing (NYSE:MOD) executives said the company closed fiscal 2026 with another record year for revenue and adjusted EBITDA, driven by rapid growth in data center cooling and the continuing reshaping of its portfolio toward higher-growth businesses. President and Chief Executive Officer

An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)
24/7 Wall St.99d agoneutral
An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)

The biggest IPO conversation right now centers on SpaceX’s reported June 12 listing. Gavin Baker, founder and Chief Investment Officer of Atreides Management, thinks investors are watching the wrong name. On a recent episode of the Invest Like the Best YouTube channel, Baker argued that Anthropic, the private AI lab behind Claude, has a more ... An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)

Bloomberg99d agoneutral
AI Coding Startup Cognition Raises $1 Billion at $26 Billion Value

(Bloomberg) -- Cognition AI Inc. has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using artificial intelligence for software development. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivTwo More Oil

Exxon Shareholders Approve Moving Legal Home to Texas
The Wall Street Journal99d agoneutral
Exxon Shareholders Approve Moving Legal Home to Texas

Exxon Mobil won shareholder approval Wednesday to move its legal home to Texas after CEO Darren Woods pitched the state as one with lawmakers, judges and juries that better understand the oil business. “The board believes that kind of familiarity will lead to more reasonable, productive decisions from Texas officials and citizens, which is critical for the long-term success of the company,” Woods told investors. At Exxon’s annual meeting, shareholders voted 71.3% in favor of the resolution to reincorporate in Texas.

Boeing Says It’s Ready to Increase MAX Production Again
The Wall Street Journal99d agoneutral
Boeing Says It’s Ready to Increase MAX Production Again

Boeing's CEO said the company is ready to expand production of its 737 MAX models to 47 jets a month, a hopeful sign for its effort to move past quality-control problems. CEO Kelly Ortberg said Boeing recently passed a "capstone review" of its MAX production, clearing the way for its next increase in output. The Federal Aviation Administration capped Boeing's monthly manufacturing rate in 2024 after the midair blowout of a 737 MAX door panel, and regulators last year removed some production restrictions, but the company has ramped up output gradually to avoid snags.

Does JPMorgan Chase pay dividends? Yield & payout explained
TheStreet99d agoneutral
Does JPMorgan Chase pay dividends? Yield & payout explained

You’d expect a bank to have a strong balance sheet and offer its investors a reliable dividend payout. But you might not expect to find that its shares have more than doubled over the past 5 years, and that its dividend yield is significantly above the S&P average. Enter JPMorgan Chase (JPM). ...

Lululemon Board Shake-Up; Bath and Body Works Overhaul | Stock Movers
Bloomberg99d agoneutralVIDEO
Lululemon Board Shake-Up; Bath and Body Works Overhaul | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Dick's Sporting Goods (DKS) shares are lower after it forecast earnings per share for the full year of $13.27 to $14.27. - Lululemon (LULU) is up as it agreed to resolve a long-simmering dispute with founder Chip Wilson by overhauling its board with three new directors. The company will name two of Wilson's nominees to the board in Laura Gentile, a former ESPN executive, and Marc Maurer, the previous co-chief executive officer of sneaker maker On. A third new director will be announced by October 1. - Bath and Body Works (BBWI) shares are higher after it reported lower first quarter sales and says it's overhauling its strategy to return to growth. Sales were still better than expected.

Investors Say Time Is Now for Pemex to Tap Global Debt Markets
Bloomberg99d agoneutral
Investors Say Time Is Now for Pemex to Tap Global Debt Markets

(Bloomberg) -- Lea la nota en españolMost Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Diplomats and Citizens From KyivTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsInvestors say the time is right for state-owned Petroleos Mexicanos SA to sell global bonds for the first time in more than three years