Oil majors return $30-$50 billion annually Energy stocks are becoming a more attractive option for investors, with oil majors now returning $30-$50 billion annually through dividends and buybacks. This shift in strategy is a reversal from pre-2017, when management
Bath & Body Works reported first-quarter net sales of $1.38 billion on Wednesday, topping analyst expectations and sending its stock up 14% in premarket trading, according to Reuters. Adjusted earnings came in at 32 cents per share for the period ending May 2, surpassing t
PDD Holdings reported 106.2 billion yuan in Q1 revenue, missing analyst forecasts of 109.8 billion yuan. PDD Holdings saw its stock decline after first-quarter revenue reached 106.2 billion yuan ($15.65 billion), below the 109.8 billion yuan analysts expected. Adjusted ear
The quantum computing firm seeks a $13 billion listing as AI chip demand drives tech valuations to record highs. Quantinuum is eyeing a $13 billion valuation for its Nasdaq initial public offering, aiming to capitalize on surging investor interest in quantum computing and
President Trump signals support for CFTC regulation of prediction markets, citing competitive disadvantages for the US. President Trump has voiced support for the Commodity Futures Trading Commission (CFTC) overseeing prediction markets in the US. He argued that other coun
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Agilent, Dollar General, FedEx, GE Aerospace, Hershey, Intuit, SanDisk, Workday, Zscaler, and More Quick Read: - Technology stocks are pushing the stock market higher as momentum traders pile into shares of top... <
U.S. private-sector hiring slowed in the latest weekly ADP tracker, missing prior levels amid high-frequency labor market monitoring. U.S. private-sector employment rose by 35.75K in the latest weekly ADP NER Pulse report, down from a revised 42.25K the prior week. The fig
Berkshire Hathaway’s cash reserves hit $397 billion while Michael Burry shorts AI stocks with $1 billion in puts on Nvidia and Palantir. Berkshire Hathaway’s cash reserves surged to a record $397 billion as Warren Buffett avoids deploying capital amid market exuberance. Th
Hafnia reported adjusted EPS of $0.36, surpassing forecasts, as revenue rose 21% year-over-year to $412.9 million. Hafnia Limited (HAFN) posted first-quarter adjusted earnings per share of $0.36, beating analyst estimates of $0.29 by $0.07. Revenue climbed to $412.9 millio
VenHub opens a larger manufacturing site to meet rising demand for its autonomous Smart Stores amid new partnerships. VenHub (VHUB) has launched a second production and assembly facility in Las Vegas to boost manufacturing capacity for its autonomous Smart Stores. The expa
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