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3 Big Reasons to Love LPL Financial (LPLA)
StockStory3d agoneutral
3 Big Reasons to Love LPL Financial (LPLA)

LPL Financial trades at $371.51 and has moved in lockstep with the market. Its shares have returned 12.6% over the last six months while the S&P 500 has gained 13.5%.

Covenant Logistics (CVLG): Buy, Sell, or Hold Post Q2 Earnings?
StockStory3d agoneutral
Covenant Logistics (CVLG): Buy, Sell, or Hold Post Q2 Earnings?

Since August 2021, the S&P 500 has delivered a total return of 73.7%. But one standout stock has more than doubled the market - over the past five years, Covenant Logistics has surged 201% to $33.37 per share. Its momentum hasn’t stopped as it’s also gained 18.8% in the last six months, beating the S&P by 5.4%.

Odessa American, Texas3d agoneutral
US rig count up five as prices rise

The rig count in the Permian Basin was up two this week, the latest count Friday by Baker Hughes shows, with 265 rigs active in the region. A year ago, 255 rigs were active in the region. Nationally, the oil and gas rig count is up five from last week at 593 rigs. A year ago, 539 rigs were active. The count shows that 455 rigs sought oil, up one from the previous week, and 128 explored for ...

Jim Cramer Reviews NVIDIA (NVDA) and Data Center Demand
Insider Monkey3d agoneutral
Jim Cramer Reviews NVIDIA (NVDA) and Data Center Demand

NVIDIA Corp. (NASDAQ:NVDA) was mentioned during the August 12 episode of Mad Money, as host Jim Cramer detailed the expansion across artificial intelligence infrastructure, as he said: Then today, aided by a benign consumer price index number, the data center stocks couldn’t be contained. Lumentum, which makes fiber optics, told a terrific tale… And finally, […]

Review & Preview: Headline Fatigue
Barrons.com3d agoneutral
Review & Preview: Headline Fatigue

REVIEW PREVIEW NEWSLETTER Zen. The S&P 500 pulled back a touch from its record high today, but the index still wrapped a third-straight week of gains. The market benchmark dipped 0.2%, while the Nasdaq Composite fell 0.

3 Reasons to Avoid BBY and 1 Stock to Buy Instead
StockStory3d agobullish
3 Reasons to Avoid BBY and 1 Stock to Buy Instead

Best Buy’s 28.9% return over the past six months has outpaced the S&P 500 by 15.4%, and its stock price has climbed to $83.62 per share. This performance may have investors wondering how to approach the situation.

Why Is Tether Looking Like a Central Bank?
Barrons.com3d agoneutral
Why Is Tether Looking Like a Central Bank?

Gold recent rally is mostly due to five big buyers: four central banks and Tether, a company that deals in cryptocurrency. Tether is buying for the very reasons that central banks are—to diversify its holdings and hedge against inflation and significant dollar weakness, which Tether’s crypto stablecoin USDT is pegged to. In the first half, Tether bought more than 27 metric tons of gold—matching Kazakhstan.

Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports
Reuters3d agoneutral
Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports

Nvidia has downsized ‌plans for ‌a $250 billion guarantee for ​an OpenAI data center, the Wall Street Journal ‌reported on ⁠Friday, citing people familiar with ⁠the matter. The revised plan ​would lower ​Nvidia's ​financial guarantee ‌to less than $120 billion to address investor concerns about risk for ‌the OpenAI ​data center, ​according ​to the ‌report. Reuters could not ​immediately ​verify the report.

Jim Cramer Reevaluates Novo Nordisk (NVO) as Wegovy Pill Adoption Accelerates
Insider Monkey3d agoneutral
Jim Cramer Reevaluates Novo Nordisk (NVO) as Wegovy Pill Adoption Accelerates

Shares of Danish pharmaceutical giant Novo Nordisk A/S (NYSE:NVO) experienced sharp volatility following its latest quarterly results. On the August 12 episode of Mad Money, Jim Cramer pointed out the disconnect between the company’s strong performance and Wall Street’s initial negative knee-jerk reaction. Cramer commented: Alright, what happened to the stock of Novo Nordisk, the […]

Investing.com3d agoneutral
Why AI is unlikely to be an apocalypse for jobs

Investing.com -- Artificial intelligence is more likely to replace individual tasks than entire occupations, limiting the risk of widespread job destruction, BofA Global Research said in a report examining employment across 206 US industries.

2 Reasons to Watch DAR and 1 to Stay Cautious
StockStory3d agoneutral
2 Reasons to Watch DAR and 1 to Stay Cautious

Darling Ingredients has had an impressive run over the past six months as its shares have beaten the S&P 500 by 12.4%. The stock now trades at $63.33, marking a 25.9% gain. This run-up might have investors contemplating their next move.

Jim Cramer Weighs In on Lumentum (LITE) and Coherent (COHR) Post-Earnings
Insider Monkey3d agoneutral
Jim Cramer Weighs In on Lumentum (LITE) and Coherent (COHR) Post-Earnings

Shares of optical technology leaders Lumentum Holdings Inc. (NASDAQ:LITE) and Coherent Corp. (NYSE:COHR) experienced some action after the quarterly reports. During the August 12 episode of CNBC’s Mad Money, Jim Cramer highlighted the short-term disconnect between market trading dynamics and business fundamentals in the optical hardware space. He noted: Sometimes, even the best stocks get […]

GoDaddy’s AI Will Stabilize Growth, Analyst Says. Plus, Lionsgate Studios and 3 More Stocks.
Barrons.com3d agoneutral
GoDaddy’s AI Will Stabilize Growth, Analyst Says. Plus, Lionsgate Studios and 3 More Stocks.

We believe that Middleby leadership is at the end of a long series of actions to simplify into a commercial food-services, or CFS, business. The team has gone back to the original business sector that made Middleby a great stock. As a stand-alone business, the restaurant customer base, business model, balance sheet, and cash flow suggest that the company can get back to profitable growth trends.

Applied Digital (APLD) Stock Trades Up, Here Is Why
StockStory3d agoneutral
Applied Digital (APLD) Stock Trades Up, Here Is Why

Shares of digital infrastructure provider Applied Digital (NASDAQ:APLD) jumped 5.4% in the afternoon session after the company reported strong earnings reports from several AI infrastructure peers signaled robust industry-wide demand. The rally was part of a broader upswing for 'neocloud' stocks, following strong quarterly results from industry leaders CoreWeave, Nebius, and Super Micro Computer. These reports suggested that demand for AI computing hardware outpaced supply, lifting related AI ho

2 charts: SpaceX closes $60B acquisition of Cursor
Pitchbook3d agoneutral
2 charts: SpaceX closes $60B acquisition of Cursor

The second-largest acquisition of a venture-backed company on record is official. Cursor, the fast-growing agentic coding startup, is now a part of SpaceX after the space giant led by Elon Musk completed its $60 billion all-stock acquisition Friday. The deal pairs one of the fastest-growing startups with SpaceX’s vast—and expensive to run—infrastructure-centric xAI division. The latter has its sights set on improving its AI service offerings and is betting big on agentic coding to get there. “Cu