Abbey earnings smash Wall Street estimates. Here’s why the stock is down.

Abbey earnings smash Wall Street estimates.  Here's why the stock is down.

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

J&J’s trade-in offer for Kenvue is about to expire. The division number will be the key.

J&J's trade-in offer for Kenvue is about to expire.  The division number will be the key.

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

Nvidia’s earnings can impress again. This analyst is “extremely optimistic.”

Nvidia's earnings can impress again.  This analyst is "extremely optimistic."

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

Synopsys’ highest earnings estimates. Founder of Aart De Geus Stepping Down as CEO.

Synopsys' highest earnings estimates.  Founder of Aart De Geus Stepping Down as CEO.

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

Cisco shares rebound on demand

Cisco shares rebound on demand

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

Intel drops $5.4 billion semiconductor tower deal. It’s a slam dunk strategy.

Intel drops $5.4 billion semiconductor tower deal.  It's a slam dunk strategy.

font size Patrick Gelsinger, CEO of Intel, has made contract chip manufacturing an essential part of his strategy. Ting Xin/Bloomberg Intel has dropped its planned $5.4 billion acquisition of Israel Semiconductor tower . It’s a setback for Intel’s plans to expand its chipmaking business. Intel (ticker: INTC) said on Wednesday that the deal, originally agreed … Read more

VinFast began trading in new EV stocks today. It’s worth more than Ford, General Motors.

VinFast began trading in new EV stocks today.  It's worth more than Ford, General Motors.

font size 2023 VinFast VF9. Courtesy of VinFast VinFast closed how high? Investors still relish the appetite for electric vehicle startups backed by SPACs. Just look at the amazing debut of Vietnamese electric car maker. Tuesday started life as a publicly traded company on the Nasdaq Stock Exchange after that Close Its merger with SPAC … Read more

Berkshire Hathaway bought a stake in DR Horton shares, and cut GM Holding

Berkshire Hathaway bought a stake in DR Horton shares, and cut GM Holding

font size Warren Buffett, CEO of Berkshire Hathaway, loves the homebuilding industry. Drew Angerer/Getty Images Berkshire Hathaway He took new positions in the field of housing construction, in particular the leader in this field Dr. Horton And while reducing its share general motors and eliminate sticking Makison And according to 13-F regulatory filing was issued … Read more

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

US Steel, Tesla, AMC, Nikola, and More Stock Market Movers

font size US Steel rejected an unsolicited buyout offer from rival Cleveland Cliffs. Sean Gallup / Getty Images Stock futures rose on Monday as markets faltered in August, adding to this year’s rally. The focus on Wall Street this week will be the minutes of the Federal Reserve’s latest policy meeting and earnings reports from … Read more