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Cleveland Cliffs (CLF) Promotes Celso Goncalves After Strong Q2 And Upbeat Outlook
Simply Wall St.19d agobullish
Cleveland Cliffs (CLF) Promotes Celso Goncalves After Strong Q2 And Upbeat Outlook

Cleveland-Cliffs (NYSE:CLF) reported strong Q2 results, with higher adjusted EBITDA, a smaller net loss, and stronger revenue. The company issued an upbeat Q3 outlook, indicating expectations for its strongest second-half earnings performance since 2021 and reaffirmed its shipment guidance. The Board promoted Celso Goncalves to President and appointed him to the Board, marking a key leadership change tied to Cleveland-Cliffs' growth plans. Cleveland-Cliffs enters this new reporting period...

This Optical Networking Stock Has Soared This Year. Why It Fell After Strong Earnings.
Barrons.com19d agobullish
This Optical Networking Stock Has Soared This Year. Why It Fell After Strong Earnings.

The company late Thursday posted adjusted earnings of 35 cents a share, from 2 cents a year ago and above Wall Street’s 33 cents expectation. Revenue grew 55% to $168.8 million, beating the analyst consensus view of $164.6 million, according to FactSet. The earnings and revenue growth were due to strong momentum in the company’s optical artificial-intelligence date center business, and management expects that demand to continue.

Disney’s Kraft Heinz Partnership Offers a Way Forward for the Stock
Barrons.com19d agobullish
Disney’s Kraft Heinz Partnership Offers a Way Forward for the Stock

Walt Disney stock has been an absolute dog this year, dropping 17% on concerns about consumer demand and the health of its media businesses. Kraft Heinz and Disney announced what they called a strategic alliance that “spans food service, media, events and more,” and will include “storytelling-driven offerings.” When we begged Disney for more, we were primly informed, “We don’t have any more to share today.”

Amazon’s Quietest Business is Why I Keep Buying Hand Over Fist
24/7 Wall St.19d agobullish
Amazon’s Quietest Business is Why I Keep Buying Hand Over Fist

I keep hitting the buy button on Amazon (NASDAQ:AMZN) for a reason that barely makes the headlines: the custom silicon business sitting inside AWS. Everyone argues about retail margins and NVIDIA‘s (NASDAQ:NVDA) next quarter while I quietly load up on the company that is building its own chips at a scale most investors have not ... Amazon’s Quietest Business is Why I Keep Buying Hand Over Fist