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Samsung Elec, union begin eleventh-hour talks to avert huge strike, stuck on a key issue
Reuters94d agoneutral
Samsung Elec, union begin eleventh-hour talks to avert huge strike, stuck on a key issue

Samsung Electronics' management and its labour union resumed talks on Wednesday with only one day ‌to go before a planned major strike that threatens the health of South Korea's ‌economy and could disrupt the global supply of semiconductors. Park said he had proposed a compromise plan, which is being reviewed by Samsung. Should management accept ⁠the proposal, it will be put to a vote by Samsung's union members as early as Wednesday.

Costco will soon do something it only does 7 times a year
TheStreet94d agoneutral
Costco will soon do something it only does 7 times a year

As someone who's been a Costco member for 20 years and an Executive member for most of them, I'm often asked why I continue to pay for access to a store I'm going to spend money at. After all, I could just waltz into Walmart and load up on low-cost groceries and household essentials instead. But a ...

McDonald’s has a new plan for a more cautious customer
TheStreet95d agoneutral
McDonald’s has a new plan for a more cautious customer

McDonald's (MCD) is giving customers more reasons to return to its franchises, but the company’s new menu push isn’t just about drinks, burgers, and limited-time sauces. The fast-food behemoth is pushing specialty drinks, bargain menus, premium burgers, Snack Wraps and pop-culture tie-ins at a time ...

Goldman Sachs set to be named lead left underwriter for SpaceX IPO, source says
Reuters95d agoneutral
Goldman Sachs set to be named lead left underwriter for SpaceX IPO, source says

May 19 () - Goldman Sachs is expected to secure the much-coveted lead left position in Elon Musk's rocket and satellite maker SpaceX's ‌initial public offering, a source familiar with the matter told ‌on Tuesday. The position refers to the bank that holds the most senior and prominent role ​among all the underwriters of an IPO deal.

Pitchbook95d agoneutral
Blackstone and Google's joint venture funds computing power, not just data centers

Google and Blackstone have formed a joint venture to offer AI data center capacity, networking and computer hardware as a “compute-as-a-service product,” the asset manager said. The tie-up opens a new avenue in the rush of private equity into AI infrastructure, moving it beyond data centers and into the business of financing compute itself. Blackstone is making an initial $5 billion equity commitment, with the first 500 megawatts of capacity expected online in 2027, the firm said in a statement.

CAVA Group Q1 Earnings Call Highlights
MarketBeat95d agoneutral
CAVA Group Q1 Earnings Call Highlights

CAVA Group (NYSE:CAVA) reported strong first-quarter 2026 results, with executives pointing to traffic gains, new restaurant performance and continued demand for Mediterranean cuisine as key drivers of growth. On the company’s earnings call, Co-Founder and CEO Brett Schulman said CAVA “further soli

What investors need to watch on May 20: Nvidia, Fed Minutes
Yahoo Finance Video95d agoneutralVIDEO
What investors need to watch on May 20: Nvidia, Fed Minutes

Asking for a Trend host Josh Lipton gets investors ready for the busy trading day ahead on May 20, breaking down the key earnings reports to watch — including Nvidia (NVDA), TJ Maxx (TJX), Lowe’s (LOW), and Target (TGT) — along with the release of the Fed’s April FOMC meeting minutes.

Wall St ends lower as inflation worries push up yields
Reuters Videos95d agoneutralVIDEO
Wall St ends lower as inflation worries push up yields

<body><p>STORY: Wall Street's main indexes closed lower on Tuesday, with the Dow and S&P 500 each shedding about two-thirds of a percent, and the Nasdaq losing more than eight-tenths of a percent.</p><p>The benchmark 10-year Treasury yield climbed to its highest level in more than a year on mounting inflation concerns as oil prices stayed elevated... and with no clear resolution to the U.S. war in Iran.</p><p>Tuesday's profit-taking also came as investors anxiously awaited quarterly results from AI chip leader Nvidia, due after Wednesday's market close.</p><p>Mike Mussio is president of FBB Capital Partners.</p><p>"This is the third day in a row we're looking at some red on the screen. But we've had a lot of green over the past several weeks. So a few days down a percent or inside a percent or so should not be unexpected. We're in a little bit of a lull between some data that we received in terms of inflation data a week or so ago. And then tomorrow after the close, we will have Nvidia's earnings, which of course is what everybody's kind of waiting for to see what happens - which includes, are we going to continue to have the all-clear sign and move higher from there, or is it time for a little bit of additional profit-taking?"</p><p>Among individual stock moves, cloud firm Akamai Technologies shed more than 6% after the company announced a $2.6 billion convertible bond offering.</p><p>Shares of Home Depot closed higher after the home improvement chain beat sales and profit estimates despite warning of a cautious consumer.</p><p>And shares of Target rose 3% ahead of its quarterly earnings results, scheduled before Wednesday's opening bell.</p></body>

Cava (CAVA) Q1 2026 Earnings Call Transcript
Motley Fool95d agoneutral
Cava (CAVA) Q1 2026 Earnings Call Transcript

All forward looking statements are made as of today, and except as required by law, CAVA undertakes no obligation to publicly update or revise any forward looking statement. In the 2026, we further solidified our position as the clear leader in the Mediterranean cuisine category.

Keysight Technologies Q2 Earnings Call Highlights
MarketBeat95d agoneutral
Keysight Technologies Q2 Earnings Call Highlights

Keysight Technologies (NYSE:KEYS) reported what executives described as the best quarter in the company’s history, with fiscal second-quarter orders surpassing $2 billion and revenue rising sharply across its communications and electronic industrial businesses. President and CEO Satish Dhanasekaran

Exclusive: Goldman to Take Lead-Left Banking Position on SpaceX IPO
The Wall Street Journal95d agoneutral
Exclusive: Goldman to Take Lead-Left Banking Position on SpaceX IPO

Goldman Sachs is expected to be named lead banker on SpaceX's initial public offering, according to people familiar with the matter. Morgan Stanley is also a lead banker, though Goldman is expected to take the coveted lead-left position on the IPO prospectus, expected to be made public as early as Wednesday. The role is surprising given Elon Musk’s close ties to Morgan Stanley.

Keysight (KEYS) Q2 2026 Earnings Transcript
Motley Fool95d agoneutral
Keysight (KEYS) Q2 2026 Earnings Transcript

Satish Dhanasekaran, president and CEO Neil Dougherty, executive vice president and CFO Kailash Narayanan, president of the Communication Solutions Group, Jason Carey, president of the Electronic Industrial Solutions Group, and Sung J. Yoon, senior vice president of global sales. Following the prepared remarks from Satish and Neil, we will take your questions.

Citi revamps SanDisk stock price target for the rest of 2026
TheStreet95d agoneutral
Citi revamps SanDisk stock price target for the rest of 2026

SanDisk has risen 3,218% over the past 12 months. It is up roughly sixfold year-to-date alone. And a Citi analyst just raised the price target by 56% in a single note, making Citi the fifth firm to set a target at $2,000 or above. The reasoning behind this raise is more specific than typical ...

New Jell-O products swap fruit juice for artificial colors
Associated Press95d agoneutral
New Jell-O products swap fruit juice for artificial colors

Jell-O — long known for its bright rainbow of artificially colored gelatins — is getting a line of products made without synthetic colors or artificial sweeteners to meet increasing consumer demand for natural ingredients. Kraft Heinz Co. on Tuesday unveiled Jell-O Simply, a line of pre-made gelatin that the company said is made with fruit juice and has at least 25% less sugar than the regular version. Kathryn O’Brien, Kraft Heinz’s head of marketing for desserts, said the products are colored using vegetable juice, fruit juice and an extract derived from turmeric roots.

Trump discloses thousands of stock trades, some in companies directly influenced by his policies
Associated Press95d agoneutral
Trump discloses thousands of stock trades, some in companies directly influenced by his policies

Recent presidents have stayed away from trading stocks in companies whose fortunes they could lift or scuttle with the stroke of a pen, but Donald Trump smashed that precedent in the first quarter of this year with more than 3,600 buy and sell orders, many of them involving companies whose profits have been directly impacted by his decisions as head of the government. Among the Trump trades in a recent report filed with a federal ethics agency was as much as $6 million in Nvidia, whose advanced chips Trump approved for sale to China last year. “If he were defense secretary, he would be committing a crime,” said Richard Painter, the chief White House ethics adviser in the George W. Bush administration and a big critic of congressional trading, too.