Broadcom’s Q3 AI revenue forecast of $16 billion fell short of analyst estimates, triggering a sharp sell-off despite strong Q2 results. Broadcom Inc (NASDAQ:AVGO) shares plunged over 14% after its fiscal third-quarter AI revenue guidance of $16 billion missed analyst expe
Gulfport Energy leads acquisition candidates amid rising LNG demand and strategic basin positioning in Appalachia. Energy sector consolidation is accelerating, with Gulfport Energy (GPOR) emerging as the top acquisition target at 3x EV/EBITDA. The company’s new CEO, known
As the Pentagon’s 2027 ban on Chinese-origin rare earth materials moves closer, REalloys (NASDAQ: ALOY) is locking down exclusive control of the biggest heavy rare earth metallization systems outside of China. The company says its $20.6 million investment into the Saskatch
Costco Wholesale Corporation (NASDAQ:COST) is included among the 10 No-Brainer Dividend Stocks to Buy. Niloo / On June 1, DA Davidson maintained its Neutral rating on Costco Wholesale Corporation (NASDAQ:COST) It also set a $1,000 price target on the stock. At the s
McDonald's unveils new strategy to stay ahead of competition McDonald's Corporation (NYSE:MCD) has introduced a new global growth strategy called 'McDonald's > NEXT'. The strategy focuses on four key areas: new restaurant design, better-tasting food and beverages,
Quick Read - Broadcom's Q3 AI chip guidance of $16 billion missed the $17.2 billion estimate, sending AVGO down 14% and dragging MU down 7% in sympathy. - SanDisk fell 3% and Western Digital dropped 2% as Broadcom's underwhelming AI outlook spread contagion across the broader...<
The S&P 500 turned positive as optimism over war negotiations and gains in large-cap tech offset declines in semiconductor stocks. The S&P 500 reversed a 40-point pre-market decline to trade 12 points, or 0.2%, higher. The shift followed renewed optimism over war negotiati
Philip Morris adjusts 2026 earnings forecast to $8.31-$8.46 due to currency headwinds but sees regulatory clarity boosting growth. Morgan Stanley raised its price target for Philip Morris International Inc. (PM) to $200 from $190, maintaining an Overweight rating. The firm
Coinbase and Better enable a conventional mortgage using Bitcoin as collateral without requiring asset liquidation. A Michigan couple secured the first Fannie Mae-backed mortgage using Bitcoin as collateral, Coinbase announced. The loan, facilitated by mortgage lender Bett
A Michigan couple helped make history when they recently closed on the first government-guaranteed mortgage secured by Bitcoin, Coinbase announced on Thursday. Working with mortgage lender Better, the exchange said it had enabled Joe and Amy to secure a Fannie Mae-backed h