Dell Technologies (NYSE: DELL) foresees lower-than-expected profits for the current quarter, causing shares to drop by over 17% in after-hours trading. The firm's margins are under pressure due to rising AI-related costs. Despite this, Dell's annual revenue outlook improved, reflecting robust dem...
Trump Media & Technology Group (NASDAQ: DJT) plunged 8% in after-hours trading after Trump was found guilty on 34 counts. Truth Social's parent company faces financial hurdles, with over $4 million in sales but nearly $60 million in losses last year. Traders should watch closely for upcoming vola...
Rep. Marjorie Taylor Greene has disclosed stock purchases in Advanced Micro Devices (AMD), Apple (AAPL), Caterpillar (CAT), Charles Schwab (SCHW), Kinder Morgan (KMI), and Southern Company (SO). Her picks spotlight AI, tech, and infrastructure sectors, reflecting strategic opportunities but neces...
Costco (NASDAQ: COST) is set to announce its Q1 earnings, with analysts forecasting an 8.07% increase in net sales to $57.98 billion and an 8% rise in adjusted EPS to $3.70. Key segments include same-store sales up 5.93% and e-commerce soaring 11.5%. Membership fees are expected at $1.53 billion....
Salesforce Inc. (NYSE: CRM) shares plunged 16% after-hours as the company forecasted record-low single-digit sales growth for the upcoming quarter, spurring investor concerns. Despite a modest revenue increase and AI optimism, challenges persist amid competitive tech shifts.
Activist investor Nelson Peltz exits Disney (NYSE: DIS) after a contentious proxy battle, selling his stake at $120 per share for a $1 billion return. Following his failed bid to change the board, Disney's shares have risen 12% this year but fell 15% post-battle.
Recent studies reveal that Gen Z workers are the toughest to manage, even for their peers in managerial roles. Despite complaints about their work habits, companies prefer hiring millennials but continue to recruit Gen Z for their unique personality
Chipotle's stock is trading at 67 times earnings, sparking debates amidst its impressive growth and loyal customer base. Analysts fear a potential market correction, with future earnings yields falling short compared to ...
ConocoPhillips (NYSE: COP) is nearing a deal to acquire Marathon Oil Corp. (NYSE: MRO) in an all-stock transaction, potentially valuing Marathon Oil at over $15 billion. The merger could enhance ConocoPhillips' market dominance and portfolio, while traders should watch for stock price fluctuation...
Hedge funds are pivoting towards dividend stock Merck & Co (NYSE: MRK), accumulating over $8.11 billion in shares. Merck’s robust sales, consistent dividends, and blockbuster cancer drug lineup make it a favored choice. Meanwhile, EquityMultiple’s Ascent Income Fund offers a high-yield alternativ...
China is accelerating its focus on Africa's mineral resources, driven by post-pandemic economic strategies and global energy transition needs. Investments surged 114% last year, emphasizing minerals over other sectors and hinting at a shift towards public-private partnerships amid declining sover...
New CEO Magda Chambriard reassures investors that Petroleo Brasileiro SA (NYSE: PBR) remains committed to shareholder returns amidst leadership changes. Key shifts include halting refinery divestitures and prioritizing domestic fuel costs. Focus on exploration and investment persists.
Brazil has overtaken Belgium as the top export market for Chinese electric and hybrid vehicles, with sales surging 13-fold in April, according to CPCA. Amid the EU's anti-subsidy probe, Chinese automakers like BYD and Great Wall Motor are boosting investments in Brazil.
Investors, don’t overlook the stability and solid returns of dividend stocks. AT&T (NYSE:T) and IBM (NYSE:IBM) offer promising opportunities. AT&T excels in wireless and fiber optics while IBM pushes forward with enterprise AI. Both stocks offer robust dividends and growth potential.
