Bank of America (NYSE:BAC) reports a new homebuyer survey indicating rising buyer intent despite high mortgage rates, especially among Gen Z and Millennial respondents. The company is increasing its role in community programs as the Official Bank of FIFA World Cup 2026™, including support for the Street Child United #IAmSomebody Tour. For readers watching the U.S. housing market, Bank of America sits at the intersection of consumer sentiment and mortgage activity. The latest survey suggests...
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The United States is making a strong push for domestic drone production.
AI customers are rushing to Micron for memory products.
(Bloomberg) -- Apple Inc. is pressing the White House for approval to purchase memory chips from a blacklisted Chinese company as it grapples to rein in chip costs, the Financial Times reported on Saturday.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansOman Tells Allies Ships Going Through Hormuz May Have to PayApple Shares Sink After Price Hikes Hit iPads and MacsUS Strikes Iran in Response
If you are wondering whether Tutor Perini at around US$79.53 still offers value after its strong run, this article walks through how the current price stacks up against several valuation checks. The stock has logged returns of 2.0% over the past week, 6.8% over the past month, 14.7% year to date and 70.2% over the last year, with a very large gain over three years that is more than 10 times and 486.7% over five years. This naturally raises questions about what is already priced in. Recent...
Analog Devices reported record revenue, supported by demand from AI data centers and industrial customers. The company announced an agreement to acquire Empower Semiconductor to expand its AI power management capabilities. The stock, NasdaqGS:ADI, last closed at $386.91 as investors assess the earnings update and acquisition news. Analog Devices enters this news cycle with a share price of $386.91 and long term returns that include 41.3% year to date, 65.5% over 1 year, 108.5% over 3 years,...
As a wise man once said, it's important to "be greedy when others are fearful."
It's best to let the hype die down before even considering investing in this stock.
Albemarle (NYSE:ALB) received analyst upgrades in the past week, highlighting confidence in its lithium-focused business model. Research firms cited Albemarle’s plans for expansion and productivity improvements as key factors behind their revised views. The company is viewed as well positioned to serve structural lithium demand tied to electrification and energy storage trends. Albemarle enters this news cycle with its stock at $133.7, after a pullback of 16.6% over the past week and 24.7%...
The stock is already up 30% this year.
It's still not too late to get in on this market beater.
With an annual dividend yield of 2.99%, APA Corporation (NASDAQ:APA) is included among the 12 Best NASDAQ Stocks to Buy for Dividends. APA Corporation (NASDAQ:APA) is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. On June 22, Roth Capital analyst Leo Mariani upgraded APA Corporation (NASDAQ:APA) […]
With an annual dividend yield of 2.27%, Diamondback Energy, Inc. (NASDAQ:FANG) is included among the 12 Best NASDAQ Stocks to Buy for Dividends. Diamondback Energy, Inc. (NASDAQ:FANG) is an independent oil and natural gas company, focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in […]
With an annual dividend yield of 6.82%, The Kraft Heinz Company (NASDAQ:KHC) is included among the 12 Best NASDAQ Stocks to Buy for Dividends. The Kraft Heinz Company (NASDAQ:KHC) is the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world. On June 18, The Kraft Heinz Company […]
When a whole sector sells off at once, the best names can get dragged down with the worst.
Treasury Secretary Scott Bessent on Wednesday defended the administration’s aggressive trade policies, unveiling a comprehensive “3 through 3” economic blueprint designed to sustain high GDP growth while neutralizing “structural inflation.” Deconstructing critics’ claims that import penalties harm American consumers, Bessent...
June 26 (Reuters) - Apple is lobbying the Trump administration for clearance to buy memory chips from ChangXin Memory Technologies, a Chinese company the Pentagon has put on a blacklist, the Financial
Apple is lobbying the Trump administration for clearance to buy memory chips from ChangXin Memory Technologies, a Chinese company the Pentagon has put on a blacklist, the Financial Times reported on Friday. The iPhone maker has lobbied the White House for approval aimed at easing financial pressure on the company from rising memory chip prices, the newspaper said, citing unnamed sources. The White House, Apple and CXMT did not respond to requests for comment from Reuters outside business hours.
FDA approved Gilead Sciences' (NasdaqGS:GILD) Trodelvy for first line treatment of metastatic triple negative breast cancer in the US. Regulators in Europe granted a similar first line approval, creating aligned indications across key markets. Decisions follow clinical data showing survival benefits for patients treated with the Trop 2 directed antibody drug conjugate. Gilead Sciences has been known largely for its antiviral portfolio, and Trodelvy adds further weight to its growing...
Oracle (NYSE:ORCL) has launched the third cohort of its Defense Ecosystem, adding new AI, cyber, and edge technology firms to support national security and allied defense programs. The company is expanding AI powered healthcare partnerships, including work with Baystate Health and Theator, to apply its technology to clinical operations, patient engagement, and documentation automation. These moves come alongside a rise in AI related infrastructure deals that put Oracle’s cloud and AI tools...
When a chief executive keeps buying his own falling stock, is that a signal worth following?
The former phone maker is providing foundational software to the physical AI market.
Citigroup (NYSE:C) plans to increase its dividend following its successful completion of the Federal Reserve's 2026 stress test. The bank also authorized a multi year US$30b share repurchase program, signaling a renewed focus on shareholder returns. Citigroup is one of the largest global banks, with operations spanning consumer banking, institutional services, and markets businesses. The latest capital return plans arrive as large U.S. banks continue to adapt to evolving regulatory...
Advanced Micro Devices has been flush with cash from sales of its hardware, which is widely used in the artificial intelligence industry — the latest tech trend. With so much money on hand, the company can undertake many initiatives. In recent years, the company has used some of its earnings ...
Conagra is a consumer staples company, but that fact shouldn't lull dividend investors into a false sense of security.
Wondering whether Palo Alto Networks at around US$304 per share is offering fair value or stretching expectations? This article walks through how to think about that question in a structured way. The stock has recorded returns of 5.7% over the last 7 days, 22.4% over the last 30 days, 69.6% year to date and 51.7% over the past year, which may have changed how some investors view its risk and opportunity. Over the past few months, Palo Alto Networks has stayed in focus for its role in...
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon Musk's rocket and AI giant. (Reporting by Johann M Cherian in Bengaluru; Editing by Shinjini Ganguli and Will Dunham)
The company currently expects to generate adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) in excess of $600 million, compared to $345.4 million in the fiscal year 2025.
The pharma titan is expanding into new markets.