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Corning stock falls as its story gets more complicated
TheStreet111d agobearish
Corning stock falls as its story gets more complicated

Corning (GLW) stock pulled back about 1% after earnings, following a massive run in which shares gained roughly 250% over the past year. The reaction looks odd at first glance because Optical demand tied to AI data centers is accelerating, margins are expanding, and Corning just locked in two new ...

Treasury Sell-off Isn’t All That Alarming–Yet
Barrons.com111d agobearish
Treasury Sell-off Isn’t All That Alarming–Yet

Bond yields nearly rose to levels seen in March during the height of fears over the Iran War–but it shouldn’t frighten investors. Much of the gains in yields came ahead of that hour as the Treasury market sold off alongside rising oil prices. Multiple Fed presidents didn’t support the inclusion of an easing bias, or potential lower rates in the future, in the FOMC statement, telling traders the Fed is likely closer to hikes than cuts.

Treasuries Extend Selloff After Fed Decision
Barrons.com111d agobearish
Treasuries Extend Selloff After Fed Decision

The U.S. debt market selloff picked up after the Fed left rates steady again. The Fed left rates steady but there was a higher level of dissent among participants. Fed governor Stephen Miran has typically dissented, but this time there were also multiple Fed presidents who didn’t support statement language including “an easing bias.”

62-year-old sports retail giant cuts 100s of jobs
TheStreet112d agobearish
62-year-old sports retail giant cuts 100s of jobs

Sportswear is still a growth market, but not every brand is winning equally. North American retail sales of sports-related apparel and footwear were projected to reach $173 billion in 2025 and rise to $209 billion by 2029, according to a McKinsey & Company report. But the report also ...

Qualcomm’s Best Run in Years Barely Puts a Dent in Brutal Selloff
Bloomberg120d agobearish
Qualcomm’s Best Run in Years Barely Puts a Dent in Brutal Selloff

(Bloomberg) -- By most objective measures, Qualcomm Inc. appears to be in the midst of a stock market heater. Most Read from BloombergInside Alex Cooper’s Unwell: Tears, Screaming and Employees Looking for the ExitKuwait Declares Further Force Majeure on Oil ShipmentsTrump Aims to Seal Iran Deal, Says Truce Extension UnlikelyThree Ships Including an Iranian Vessel Cross Hormuz StraitCruise Ships Seized Brief Hormuz Reopening to Flee Persian GulfThe chipmaker’s shares are on track for a tenth-con

Asian Stocks Drop After U.S.-Iran Talks Fall Apart
The Wall Street Journal128d agobearish
Asian Stocks Drop After U.S.-Iran Talks Fall Apart

Asian equities fell Monday after the collapse of U.S.-Iran peace talks poured cold water on hopes of an end to the fighting that has roiled markets. Japan’s Nikkei Stock Average losing 1.0%, South Korea’s Kospi dropping 1.

Investing.com136d agobearish
How could the DOJ shakeup affect the Powell investigation?

Investing.com -- A sudden leadership change at the Department of Justice (DOJ) could provide a strategic opening for Senate Republicans to derail the ongoing investigation into Federal Reserve Chair Jerome Powell, according to a public policy analysis from Barclays.

Turbo Energy completes restructuring of bank financing
TipRanks190d agobearish
Turbo Energy completes restructuring of bank financing

Turbo Energy (TURB) announced the completion of a restructuring of its bank financing aimed at strengthening its financial position and aligning liquidity with the Company’s medium- and long-term business plan. As part of this process, Turbo Energy reached agreements with Bankinter, CaixaBank and BBVA, three of Spain’s leading financial institutions, enabling the conversion of existing bank facilities into long-term financing structures totaling approximately EUR 4.87M. This reorganization stren

Top analyst drops eye-popping new price target on SanDisk stock
TheStreet197d agobearish
Top analyst drops eye-popping new price target on SanDisk stock

SanDisk (SNDK) stock just got one of the most aggressive votes of confidence on Wall Street. Bernstein SocGen Group analyst Mark C. Newman just dropped a jaw-dropping new price target of $1,000 on the memory chip players' stock while keeping an outperform rating. The new target represents a 72.4% ...