Analysts cite record gross margins and expanding fab capacity as key drivers for LRCX's growth through 2027. Lam Research (LRCX) shares surged 13% after reporting record-high gross margins in its fourth quarter, driven by pricing power, operational efficiencies, and produc
First-half adjusted EBIT rose 7.5% to €716 million as organic sales grew 4.7% amid record summer temperatures. Magnum Ice Cream Company reported first-half earnings above expectations, driven by cost cuts and a heatwave-fueled surge in demand. Revenue climbed to €4.7 billi
The dry bulk shipping firm reported $1.32 non-GAAP EPS, exceeding expectations by $0.26 amid 48.5% year-over-year revenue growth. Seanergy Maritime posted Q2 non-GAAP earnings per share of $1.32, beating estimates by $0.26. Revenue reached $55.7M, up 48.5% from the same pe
The Magnificent 7 Trade Is “Likely Over,” Piper Sandler Warns. Here Are the 2 Sectors Taking Its Place Quick Read - Microsoft short interest sits at an 11-year high while NVDA gained just 6% year to date despite posting 85% revenue growth. - QQQ dropped 5% in a week while
Bear markets often show up out of the blue and without warning. Consider the current correction we're seeing in semiconductor stocks Both the VanEck Semiconductor ETF and the iShares Semiconductor ETF are roughly 20% off their highs set only around a month ago. A lo
Meta reported Q2 EPS of $6.18 on $60.8B revenue, missing analyst estimates as capex guidance increased. Meta Platforms (META) saw its stock fall 10% in premarket trading after reporting second-quarter earnings per share of $6.18, below the $7.14 analysts expected. Revenue
Analysts maintain bullish outlook on ARM after fiscal Q1 earnings beat, citing robust AGI CPU demand despite supply constraints. ARM shares surged roughly 10% in premarket trading Thursday following fiscal first-quarter results that exceeded expectations. The company’s str
Game Your Game Inc. (NASDAQ:GYGY), an artificial intelligence-powered sports technology company focused on golf, will begin trading on the Nasdaq Capital Market on Thursday under the ticker symbol GYGY through a direct listing. Chief Executive Officer Soumya Das said the l
AARP: Nearly half of U.S. private-sector workers have no retirement account. Build your nest egg before it's too late Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below It turns out, for millions of Americans, saving fo
Bank of Botetourt NON CUM PFD CONV (BORTP) declares $0.49/share quarterly dividend, in line with previous. - Forward yield 3.56% - Payable Aug. 7; for shareholders of record July 31; ex-div July 31. - See BORTP Dividend Scorecard, Yield Chart, & Dividend Growth
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