October 8, 2024
“The EV maker delivered 88 Class 8 hydrogen fuel cell trucks to dealers in the quarter, in line with its expectations of selling 80 to 100 units. But that lagged the 80% sequential surge in deliveries reported in the second… Continue Reading…
October 2, 2024
“Stocks could see a 10% drop by the end of the year, Stifel’s Barry Bannister says. The bank’s stock-strategy chief pointed to the slowing job market and the potential for sticky inflation. He added that interest rates likely aren’t dipping… Continue Reading…
October 1, 2024
“…UiPath: 212% implied upside… Going forward, Wall Street expects UiPath to grow sales at 10% annually through fiscal 2026 (ends April 2026). That estimate leaves room for upside because the RPA market is forecasted to grow at 40% annually through… Continue Reading…
October 1, 2024
“…Chinese regulators have discouraged companies from purchasing Nvidia’s H20 chips, which are used to develop and run AI models, Bloomberg News reported late Friday. That policy has taken the form of guidance rather than an outright ban, as Beijing wants… Continue Reading…
September 30, 2024
“…The model, run by Morningstar’s Center for Retirement and Policy Studies, showed that the risk is higher for single women, who had a 55% chance of running out of money versus 40% for single men and 41% for couples. The… Continue Reading…
September 30, 2024
“…Prices are also under pressure on the expectation that oil production will rise in Libya. Factions in the North African country reached a deal Wednesday to appoint a new central bank governor. A political dispute over who should lead the… Continue Reading…
September 30, 2024
“Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price. Samsung Electronics and SK Hynix both saw their shares rise on Thursday in South Korea. Dutch semiconductor… Continue Reading…
September 30, 2024
“…Energy Transfer is having a strong year. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 20% in the second quarter to almost $3.8 billion. Meanwhile, its distributable cash flow surged 32% to over $2 billion… Energy Transfer’s capital project… Continue Reading…
September 26, 2024
“Applications to refinance a home loan surged 20% last week compared with the previous week. This as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.13% from 6.15% The refinance… Continue Reading…
September 26, 2024
“…In the most recent quarter, revenue soared more than 140%, and profit climbed in the double digits. And this may be just the beginning as Supermicro gears up to address a new growing market: cooling solutions to tackle the heat… Continue Reading…
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