Electric vehicle maker Lucid refutes reports of a take-private deal or Chapter 11 filing, affirming sufficient liquidity into next year. Lucid Group dismissed speculation about a potential take-private transaction or bankruptcy filing as "completely false," confirming in a
The bank increases its payout for the first time since 2022, reflecting improved capital returns amid steady earnings growth. Morgan Stanley raised its quarterly dividend by 15% to $1.15 per share, up from $1.00 previously. The move marks the bank’s first dividend increase
The chip equipment maker raised its 2026 net sales forecast to $49.2B-$51.5B, exceeding analyst estimates of $45B. ASML shares rose over 3% in premarket trading after the company reported stronger-than-expected Q2 results and raised its 2026 net sales outlook to between $4
Florida retirees with identical portfolios retain $7,000 more annually than California residents due to state tax differences. Retirees with a $1.5 million portfolio generating $80,000 in annual taxable income face a $7,440 state tax hit in California versus zero in Florid
A $5,000 stake in AVGO could grow to $6,575 in a base-case scenario by July 2031, per a 247Wall St. model. A $5,000 investment in Broadcom (AVGO) is projected to reach $6,575 by July 14, 2031, reflecting a 31.5% total return under a base-case scenario. The forecast implies
Deal combines $831m-asset community lender with First Bancorp in stock-and-cash transaction set to close late 2026 or early 2027. First Bancorp will acquire First Carolina Bancshares in a $166m deal, comprising 1.96 million shares and $40m in cash. The purchase price refle
The two-year contract covers SLA-based support for a multivendor network of approximately 2,290 sites in Mexico. Ceragon Networks secured a $3.4 million managed services contract with a major mobile operator in Mexico. The two-year agreement includes SLA-based support for
Analysts maintain a $390 price target for AXP as shares lag despite 18% Q1 EPS growth and strong capital returns. American Express (NYSE:AXP) shares closed at $359.94 on July 14, below the Street’s $390.12 target, despite 18% year-over-year EPS growth in Q1. The company re
Traders price an 80.5% chance TXN clears $4 billion in Q2 Analog revenue amid robust industrial and data center growth. Texas Instruments (NASDAQ:TXN) enters Q2 2026 earnings on July 22 with management guiding revenue between $5.00 billion and $5.40 billion and EPS of $1.7
Global shares stabilize as ASML’s strong earnings lift tech shares, countering geopolitical tensions and rising oil prices. Global equities held steady Wednesday as robust earnings from ASML, the largest chipmaking equipment supplier, revived investor interest in AI-relate
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