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NRG Energy, Inc. (NRG) Reaffirms Earnings Guidance Despite Q1 Miss
Insider Monkey101d agobearish
NRG Energy, Inc. (NRG) Reaffirms Earnings Guidance Despite Q1 Miss

NRG Energy Inc. (NYSE:NRG) is one of the high growth utility stocks to buy according to analysts. On May 5, NRG Energy Inc. (NYSE:NRG) reiterated that demand for its product continues to grow despite a significant decrease in earnings in the first quarter. Net income fell by $625 million to $125 million, attributed to unrealized […]

A Look At Babcock & Wilcox Enterprises (BW) Valuation After New Class Action Lawsuits
Simply Wall St.102d agobearish
A Look At Babcock & Wilcox Enterprises (BW) Valuation After New Class Action Lawsuits

Multiple law firms have launched class action lawsuits against Babcock & Wilcox Enterprises (BW), alleging securities fraud tied to disclosures about a Power Generation Contract and conflicts of interest involving the company’s largest shareholder. See our latest analysis for Babcock & Wilcox Enterprises. At a share price of $14.84, BW has given investors a 133.70% year to date share price return and a very large 1 year total shareholder return. However, the recent 30 day share price return...

Tech Unemployment Ticks Up to 3.8% in April Amid AI-Driven Layoffs
The Wall Street Journal102d agobearish
Tech Unemployment Ticks Up to 3.8% in April Amid AI-Driven Layoffs

The unemployment rate was unchanged at 4.3%. Nike will reduce its workforce by roughly 1,400 workers, or about 2%, mostly in its tech department, as it simplifies global operations. Inflation and economic uncertainty linked to the Iran conflict is giving some chief executives and tech leaders reason to pull back or pause their IT hiring, said Janco Chief Executive Victor Janulaitis.

Google settles racial discrimination lawsuit for $50 million
Associated Press102d agobearish
Google settles racial discrimination lawsuit for $50 million

Google has reached a settlement with Black employees who alleged systemic racial disparities in hiring, pay, and advancement in a lawsuit filed in 2022. April Curley, a former Google employee, had sued the tech giant for racial discrimination, saying it engages in a “pattern and practice” of unfair treatment for its Black workers. Other former Google workers also joined the suit, which later received class action status.

Risk of $5 Gas ‘Can No Longer Be Dismissed,’ JPMorgan Says
Bloomberg102d agobearish
Risk of $5 Gas ‘Can No Longer Be Dismissed,’ JPMorgan Says

(Bloomberg) -- US gasoline prices have a legitimate chance of rising to $5 a gallon as refiners prioritize jet-fuel production at the expense of other products, according to analysts at JPMorgan Chase & Co.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS Fires on Iranian Targets as Trump Demands Deal From TehranIran’s President Says He Had Meeting With Injured Supreme LeaderApple’s

Morgan Stanley drops massive AMD stock price target after earnings
TheStreet102d agobearish
Morgan Stanley drops massive AMD stock price target after earnings

You know that feeling when you've been backing a friend's idea for months, and then suddenly the whole room starts paying attention? That's roughly where Morgan Stanley finds itself with Advanced Micro Devices (AMD). For the better part of six months, the firm had been quietly bullish on AMD's ...

Cloudflare shares tumble on weak guidance, AI-driven restructuring
Proactive102d agobearish
Cloudflare shares tumble on weak guidance, AI-driven restructuring

Cloudflare (NYSE:NET) reported first-quarter 2026 results on May 7, beating analyst expectations for both revenue and earnings, but shares fell sharply after the company issued softer near-term guidance and announced a significant restructuring tied to an AI-focused operating model...

Trade Desk Tumbles 13%, AppLovin Holds Gains as Ad-Tech Q1 Earnings Split Wall Street
24/7 Wall St.103d agobearish
Trade Desk Tumbles 13%, AppLovin Holds Gains as Ad-Tech Q1 Earnings Split Wall Street

Shares of The Trade Desk (NASDAQ:TTD) are down roughly 13% to $20.41 in early Friday trading after the company posted a Q1 2026 earnings miss and issued a softer Q2 2026 outlook than the Street had hoped to see. The stock closed Thursday at $23.49, already down 38% year to date (YTD) heading into the ... Trade Desk Tumbles 13%, AppLovin Holds Gains as Ad-Tech Q1 Earnings Split Wall Street

Google has bit more time to address concerns in EU investigation, EU Commission says
Reuters103d agobearish
Google has bit more time to address concerns in EU investigation, EU Commission says

EU regulators are giving Alphabet's Google a little bit ‌more time to sooth their concerns ‌after a previous proposal from the company fell short, ​the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a ‌solution that really ⁠addresses the concerns that were raised in the case and in the ⁠preliminary findings," Commission spokesperson Thomas Regnier told a daily news conference. The ​Commission, which acts as ​the EU competition ​enforcer, has charged Google with ‌breaching the Digital Markets Act, ​which aims ​to rein in the power of Big Tech, and is in the midst ​of finalising ‌its decision that could include a fine ​against Google.