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Quantum Corporation Stock Plunges After Weak Q1 Results and Heavy Debt Burden
Quantum Corporation tumbled 15.5% in premarket trading on Thursday.Revenue declined to $64.3 million from $72.3 million in the same quarter last year. Gross margin also slipped to 35.3%, down from 37.4%, indicating pressure on profitability. The company reported a GAAP net loss of $17.2 million, or ...
Tiger News
9 minutes ago
Wolfspeed Stock Jumps as It Launches 200mm Silicon Carbide Portfolio in Wake of Restructuring Approval
Wolfspeed has launched a 200mm silicon carbide material portfolio just days after a court approved its restructuring process.Shares jumped 18.4% in premarket trading on Thursday."Wolfspeed's 200mm SiC wafers are more than an expansion of wafer diameter – it represents a materials innovation that emp...
Tiger News
14 minutes ago
Oracle Stock Gains Another 2% After Soaring 36% on AI Optimism
Oracle shares gained another 1.8% in premarket trading on Thursday.Shares in Oracle soared Wednesday after a blowout quarter in which the tech company won hundreds of billions of dollars of future artificial-intelligence-related business.Shares jumped by as much as 43% and closed at a record $328.33...
Tiger News
22 minutes ago
Does the Government Taking a Stake in Intel Make It a Good Buy Right Now?
Key PointsThe U.S. government has taken a passive 10% equity stake in Intel.Intel has been struggling to grow its revenue in recent years.The chipmaker booked a significant loss in 2024.10 stocks we like better than Intel › Intel (NASDAQ: INTC) has been struggling mightily in recent years. Not only ...
The Motley Fool
26 minutes ago
43% Surge Propels Market Cap Past $1 Trillion! Oracle Lifts Ellison to Top, Eyes Top 10 in S&P 500
TradingKey - On Wednesday (U.S. Eastern Time), Oracle (ORCL.US) surged as much as 43% following the announcement of multiple major contracts, closing up nearly 36% at $326.33, a new all-time high.
Oracle Corp
TradingKey
26 minutes ago
Is PepsiCo a Buy After an Activist Investor Took a $4 Billion Stake in the Dividend King Stock?
Key PointsPepsi’s dirt-cheap valuation showcases investor disappointment in the snack and beverage behemoth. Given Pepsi’s strategic shifts, the company may be receptive to suggestions from an activist investor.Pepsi pays an ultra-reliable dividend and is chock-full of upside potential. 10 stocks we...
The Motley Fool
27 minutes ago
2 High-Yield Dividends to Buy and Hold Forever
Key PointsDividend stocks historically outperform non-dividend-paying stocks.REITs are a great way for income investors to load up on dividends.Ford turning its electric vehicles from money losers to moneymakers will significantly help its bottom line.10 stocks we like better than Ford Motor Company...
The Motley Fool
29 minutes ago
Technip Energies buys Ecovyst's Advanced Materials & Catalysts business for $556 million
Deal to support complementary unit growthAcquisition immediately earnings accretiveShares up more than 4% in early tradingBy Mateusz RabiegaSept 11 (Reuters) - French energy infrastructure company Technip Energies TE.PA said on Thursday it had agreed to buy U.S.-based chemicals group Ecovyst's E...
Reuters
30 minutes ago
The Stock Market Is Offering a Once-in-a-Generation Investment Opportunity. Here's How You Can Participate.
Key PointsLarge-cap stocks have outperformed other segments of the market over the last decade.The valuation gap between large-cap stocks and small-cap stocks has rarely been bigger.This ETF is a simple way to invest in the next cycle.10 stocks we like better than S&P 500 Index › The last decade has...
The Motley Fool
34 minutes ago
Opendoor Shares Surge as Kaz Nejatian Named CEO, Founders Return to Board
Opendoor, the online real estate platform that’s seen a surge of retail investor interest in recent months, said Wednesday that it’s tapped former Shopify executive Kaz Nejatian as CEO and named co-founder Keith Rabois as chairman.The stock popped 33% in premarket trading on Thursday, and is now up ...
Tiger News
34 minutes ago
EMERGING MARKETS-Asian stocks touch record highs as Fed rate-cut bets intensify
Taiwan, Korea, Japan stocks hit record highsFed cut bets fuel EM rally, tech leads the chargeTaiwan outperforms; Indonesia bond spread widensBy Roushni Nair Sept 11 (Reuters) - Most Asian shares extended gains on Thursday, with benchmark indexes in Japan, Taiwan, and South Korea scaling record hi...
Reuters
36 minutes ago
EMERGING MARKETS-Asian stocks touch record highs as Fed rate-cut bets intensify
Taiwan, Korea, Japan stocks hit record highsFed cut bets fuel EM rally, tech leads the chargeTaiwan outperforms; Indonesia bond spread widensBy Roushni Nair Sept 11 (Reuters) - Most Asian shares extended gains on Thursday, with benchmark indexes in Japan, Taiwan, and South Korea scaling record hi...
Reuters
37 minutes ago
Prediction: XRP (Ripple) Will Be Worth This Much in 5 Years
Key PointsMorningstar analysts expect the cryptocurrency market to expand at 9% annually through 2034, but I think XRP could grow more quickly over the next five years.Ripple uses XRP to support fast, cheap cross-border payments, and the recent launch of the Ripple USD stablecoin makes the ecosystem...
The Motley Fool
39 minutes ago
These Are the 3 Most Widely Owned Exchange-Traded Funds (ETFs) by Retail Investors
Key PointsRetail investors are accounting for a larger percentage of equities trading volume on Wall Street -- and online brokers are taking notice.Though retail investors frequently gravitate to high-growth, brand-name businesses, Robinhood's online brokerage platform shows they also favor select e...
The Motley Fool
43 minutes ago
Japan's Nikkei at record high as SoftBank surges on AI bets
By Junko Fujita TOKYO, Sept 11 (Reuters) - Japan's Nikkei share average marked a fresh closing high on Thursday, as optimism over the growth of AI-driven cloud businesses in the U.S. sent index heavyweight SoftBank Group's shares higher.The Nikkei .N225 rose 1.22% to close at 44,372.5, af...
Reuters
45 minutes ago
LG Energy Solution says to minimise impact from any issues at overseas sites
SEOUL, Sept 11 (Reuters) - South Korea's LG Energy Solution 373220.KS said on Thursday it will strengthen management to minimise the impact of any issues at overseas sites after a U.S. immigration raid resulted in the detention of hundreds of workers at its U.S. battery joint venture with Hyunda...
Reuters
45 minutes ago
Cathie Wood Goes Bargain Hunting: She Just Bought 2 Stocks That Wall Street Thinks Will Climb 50% and 190%
Key PointsCathie Wood favors buying innovators when their stock prices are down and holding on for the long term.Wood’s strategy has helped her flagship fund soar 80% over the past year. 10 stocks we like better than CRISPR Therapeutics › Cathie Wood is known for seizing opportunities. The founder o...
The Motley Fool
49 minutes ago
UK's Fevertree rises on first-half revenue, share buyback extension
** Shares of tonic maker Fevertree Drinks FEVR.L up 8.1% at 838p** FEVR reports first-half adj rev 172.2 million pounds ($232.59 million), up 2% on constant-currency basis and slightly ahead of Jefferies' 171.2-million-pound estimate** Posts first-half adj EBITDA 18.4 million pounds vs Jefferies...
Reuters
51 minutes ago
France's Technip Energies rises on Advanced Materials & Catalysts acquisition
** Shares in France's energy infrastructure group Technip Energies TE.PA rise around 3% to its highest level in more than a week, after the firm agreed to buy Ecovyst's Advanced Materials & Catalysts business** Under the agreement the French company will acquire two entities, Advanced Si...
Reuters
54 minutes ago
JPM still leans towards 'heavy' names in European building materials; ups Buzzi, Sika
** J.P.Morgan continues to favor the "heavyside" sub-sector among European building materials, though notes its outpeformance over the "lightside" names might moderate** In its latest review, it upgrades Italy's Buzzi BZU.MI to "overweight", which rises around 6%, and mai...
Reuters
56 minutes ago
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