Famed investor Steve Eisman reduces AI exposure, citing overcrowding and potential for a significant pullback in the sector. Steve Eisman, known for his prescient 2008 housing market bet, has reduced his exposure to artificial intelligence stocks, warning the sector’s rall
The deal marks Rocket Lab's largest contract to date, covering 12 suborbital missions with options for six more. Rocket Lab (NASDAQ: RKLB) announced a $266 million contract with the U.S. Space Force for 12 suborbital missions, with options for six additional launches. The
Quanta Services (PWR), the nation's largest electrical infrastructure construction company, blew away second-quarter earnings forecasts and massively raised its full-year outlook amid the artificial intelligence buildout boom. PWR stock surged in early Thursday action, lea
Wolfe Research analyst cites physical infrastructure constraints and AI-driven demand as barriers to oversupply until at least 2028. A top semiconductor analyst dismissed oversupply risks before 2028, citing sold-out foundries and years-long fab construction timelines. Wol
Stellantis reported €293 million net profit for Q2 2026 but fell short of adjusted operating income forecasts, pressuring its stock. Stellantis swung to a €293 million net profit in Q2 2026 from a €1.87 billion loss a year earlier, driven by a 32% surge in North American s
You can find original article here Nrn. Subscribe to our free daily Nrn newsletters Sub-specialist Jersey Mike's priced a landmark initial public offering to raise $1 billion, officially joining the ranks of public companies less than two years after it was sold to
Willis Lease Finance (WLFC) declares $0.133/share quarterly dividend, in line with previous. - Forward yield 0.77% - The company has adjusted due to the Companyâs 3-for-1 stock split earlier in the month. - Payable Aug. 21; for shareholders of record Aug. 11; ex-div Aug. 11. -...
Warren Buffett recommends S&P 500 index funds for most investors, citing 126% returns over a decade in a high-profile bet. Warren Buffett has repeatedly endorsed S&P 500 index funds as the optimal investment for most individuals. During Berkshire Hathaway’s 2020 annual mee
Mastercard (MA) stock gained 2.8% in Thursday premarket trading after Q2 earnings and revenue exceeded Wall Street consensus estimates, reflecting continued spending by consumers. Q2 adjusted EPS of $5.04, vs. the average analyst estimate of $4.78, rose from $4.60 in Q1 an
XPO blew past analysts' expectations for the second quarter. A better freight mix and numerous AI-fueled efficiency initiatives produced record operating results in its less-than-truckload unit XPO (NYSE: XPO) reported second-quarter adjusted earnings per share of $
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