Exxon earnings: $19B cash haul comes with a catch
ExxonMobil’s (XOM) latest earnings give investors something more useful than another headline about soaring oil profits: a test of how much cash the business can generate – and how much…
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Category: Stock
Why Intel, AMD and Broadcom are falling on Friday?
Shares of Intel, Advanced Micro Devices AMD and Broadcom fell sharply on Friday as investors reassessed semiconductor demand following a dismal forecast from Intel. The retreat was led by Intel…
Caterpillar stock sinks after earnings: here’s the case for buying
Caterpillar (CAT) shares opened notably lower on Thursday even though the industrial equipment giant reported better-than-expected earnings for its fiscal Q3. Investors wanted more confidence that Caterpillar Inc could sustain…
DoorDash to acquire Instacart in $17B deal as it expands grocery delivery business
DoorDash has agreed to acquire Instacart in a deal valued at about $17 billion, marking its biggest acquisition as the food delivery company looks to expand its presence in the…
Aswath Damodaran: Anthropic is not worth $1.5T
Anthropic could become one of the world’s biggest businesses and still disappoint investors who pay too much for its shares, according to Aswath Damodaran’s latest valuation of the AI research…
Wendy’s stock surges on Peltz bid: is there any upside left?
Wendy’s (WEN) shareholders have a takeover premium to weigh against a difficult turnaround. Shares soared over 15% this morning after Nelson Peltz’s Trian Fund Management led a roughly $1.4 billion…
Vertiv stock soars on earnings: is the comeback finally here?
Vertiv (VRT) gave investors a reason to reconsider its battered stock on Wednesday: evidence that the AI infrastructure boom is translating into stronger business performance. Shares jumped nearly 20% on…
Robinhood stock is slipping after earnings: top reasons to buy the dip
Robinhood Markets (HOOD) stock fell to its lowest level since August after the company released earnings showing that crypto revenue continued to decline. The shares dropped to $89.20, roughly 30%…