Strategist warns sustained oil shocks, contractionary data, or aggressive rate hikes could spark a correction amid elevated energy prices. A Deutsche Bank strategist identified three potential catalysts for a summer stock market correction: a sustained oil shock, contracti
Sypris Solutions reports a Q1 GAAP loss of $0.18 per share on $25.8M revenue, despite strong order growth in electronics and energy. Sypris Solutions reported a first-quarter GAAP loss of $0.18 per share, missing expectations as revenue fell 12.6% year-over-year to $25.8 m
Eltek reports a first-quarter GAAP loss of $0.42 per share as revenue declines 18.8% year-over-year to $10.4M. Eltek reported a first-quarter GAAP loss of $0.42 per share, missing expectations as revenue fell 18.8% year-over-year to $10.4 million. The company attributed th
How hot are semiconductor stocks this year? In a word, scorching Exchange-traded funds (ETFs) make it easy to quantify the sizzling temperatures associated with chip stocks in 2026. There are more than 5,200 exchange-traded products (ETPs), including ETFs, trading i
Just five days after the U.S. Supreme Court’s unanimous ruling in Montgomery v Caribe Transport II, LLC, the pivotal case is already understood by Samsara (NYSE: IOT) as a significant tailwind for the fleet telematics and safety technology giant. In an interview wit
SpaceX targets a $1.75 trillion valuation in its June 12 IPO, aiming to raise $75 billion and become the eighth-largest U.S. public company. SpaceX plans to go public on June 12, seeking to raise up to $75 billion and achieve a $1.75 trillion valuation. The move would posi
The facility will handle maintenance for 28 wide-body aircraft simultaneously and is set for completion by mid-2030. Emirates has begun construction on a $5.1bn engineering complex in Dubai South, designed to become one of the world’s largest aircraft maintenance facilitie
The tech giant is reallocating thousands of employees to AI-focused teams before reducing its global workforce by approximately 7,800. Meta is reassigning 7,000 employees to artificial intelligence roles as part of a broader restructuring that includes cutting 10% of its w
Driven Brands beats Q4 estimates Driven Brands reported Q4 Non-GAAP EPS of $0.34, beating estimates by $0.10. Revenue was $460.1M, a 7.7% year-over-year increase, exceeding expectations by $4.63M. Adjusted EBITDA was $111.9 million, up 7% from the prior year, with
The sale marks a full exit from the VictoryShares Core Intermediate Bond ETF, shifting allocations to larger fixed-income holdings. USAA sold its entire 2.42 million-share position in the VictoryShares Core Intermediate Bond ETF (UITB) during Q1 2026, totaling $114.8 milli
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