font size The tie-up between Cleveland Cliffs and US Steel should raise concerns about market concentration. Jean-Christophe Verhagen/AFP via Getty Images fight for United States Steel It has already taken a number of unexpected twists and turns. Investors got another one. Thursday, mainly United Steelworkers Supported try before Cleveland Cliffs (Stock ticker: CLF) to acquire … Read more
font size Wall Street is starting to wonder if the current environment is as good as it is for Derry. Justin Sullivan/Getty Images monastery It shattered Wall Street’s earnings estimates more Financial guidance for the fiscal year. However, the stock decreased. The current results have been impressive, but investors are worried about whether the current … Read more
font size Kenvue controls brands like Listerine, Band-Aid, and Tylenol. Justin Sullivan/Getty Images A key figure in Johnson Johnson’s $40 billion exchange bid Kinfu It will be the percentage, or percentage of J&J stock that has been exchanged for Kenvue stock. the Johnson & Johnson (ticker: JNJ) exchange offerunveiled on July 24, It is set … Read more
font size Expectations are high ahead of Nvidia’s earnings on Wednesday. Dream time nvidia ‘s Next week’s second quarter earnings are highly anticipated, to say the least. Wedbush analyst Matt Bryson thinks the chipmaker will report another batch of blowout results, but said the amount of outperformance may not be significant. The analyst said he … Read more
font size Tesla stock tends to rise faster than the Nasdaq when the index is up, but it falls faster when the benchmark is down. Philip Lopez/AFP via Getty Images EV stock leader Tesla They took a beating over the past two weeks, for reasons related to both the company and what’s happening in the … Read more
font size Applied Materials’ fiscal third-quarter earnings beat analyst expectations. Dream time Stock futures were falling on Friday after Standard & Poor’s 500 Third consecutive losing session. Treasury yields stalled on Friday after the 10-year note closed at its highest level since 2007. These stocks were poised to make moves on Friday: Fiscal Third Quarter … Read more
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising … Read more
font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal … Read more
font size Synopsys shares are up 34% this year. David Paul Morris/Bloomberg Synopsys Shares gained in late trading on Wednesday, after the chip design software provider reported better-than-expected results for the quarter and provided upbeat guidance. As announced by the company Founder and CEO Art De Geos will step down from his current position and … Read more
font size Cisco CEO Chuck Robbins. Pau Parina/AFP/Getty Images Cisco Shares rose in late trading on Wednesday, after the networking giant showed signs of improvement in orders for its products. Cisco’s forecasts for the 2024 fiscal year were lower than Wall Street’s estimates, but the results of the company’s fourth fiscal quarter, which ended in … Read more