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19261306768118grc
18 hours ago
With a market cap of $36.2 billion, Expedia Group, Inc. (EXPE) is a leading global travel marketplace dedicated to helping people explore the world through seamless and personalized travel experiences. Powered by trusted brands such as Expedia, Hotels.com, and Vrbo, the company connects travelers, partners, and advertisers across more than 70 countries through innovative technology and a robust travel ecosystem.
Shares of the Seattle, Washington-based company have outpaced the broader market over the past 52 weeks. EXPE stock has climbed 58% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.3%. However, shares of the company are up 4.4% on a YTD basis, lagging behind SPX's 8.5% return.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock

#Stock #expedia #broader #group
19261306768118grc
7 days ago
Alphabet (NASDAQ:GOOGL), a search, ads, video, cloud, and AI infrastructure platforms provider, closed at $317.69, down 7.13%. Investors are reacting to higher AI-related spending and watching whether cloud growth can support returns on that build-out. Trading volume reached 68.6M shares, coming in about 111% above its three-month average of 32.5M shares. Alphabet IPO'd in 2004 and has grown 12,557% since going public.
The S&P 500 (SNPINDEX:^GSPC) fell 1.20% to 7,409, while the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 2.15% to 25,138. Among internet content and information, digital advertising, and cloud services rivals, Microsoft closed at $381.58, down 2.24%, and Meta Platforms finished at $606.10, down 3.36%.
On the surface, it was a great-looking quarter for Alphabet as:
sales rose 24%
search revenue increased 17%

#shares #googl
19261306768118grc
7 days ago
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19261306768118grc
8 days ago
The fast-growing Mediterranean chain has a history of rewarding dip-buyers, but the price you'll pay to get in still requires careful consideration.
At Cava (CAVA), the strategy is clear: win on value. While many restaurant peers have been raising prices, Cava's management is playing a different game. On its latest earnings call, the company reiterated its focus on keeping prices down to drive traffic, noting that its price adjustments have been "only slightly more than half of ****** ulative CPI since 2019." It's a bold move designed to build loyalty and gain market share. For investors, however, the stock has recently served up a sharp pullback of about 29% from its recent high. That has you wondering: is this a chance to buy into a winning strategy at a discount, or is it a trap?
The answer starts with history, which offers some encouragement, though on a very small sample size. This isn't the first time the stock has seen a steep drop. The question is what happened next.
How Past Cava Dips Have Played Out
Since going public in 2023, Cava has experienced a drop of this magnitude on 3 separate occasions. For the two prior dips old enough to have a full 1-year result, the median return over the following twelve months was a sizable 123%. That's a powerful bounce-back. However, it wasn't always a straight line up. Buyers typically had to stomach a bit more pain first, with the median worst further drawdown hitting 17% before the recovery took hold. The detailed history in the table below shows the range of outcomes, but the past pattern has been one of eventual, strong recovery.

#dips
19261306768118grc
8 days ago
By Harshita Mary Varghese
July 22 (Reuters) - AT&T topped quarterly estimates for wireless subscriber additions on Wednesday as cheaper unlimited plans paired ‌with bundled mobile-broadband offerings drew in value-conscious customers, sending its shares ‌up 4%.
The gains build on AT&T's broader convergence strategy of selling multiple connectivity services to the same household to reduce churn and increase customer lifetime value as U.S. telecom providers chase the same finite pool of users.
The bundled offerings also helped the company post record broadband additions, with 367,000 new fiber internet users and ‌279,000 fixed wireless subscribers.
AT&T ⁠in March launched OneConnect, a single subscription that bundles unlimited wireless service with home internet under one monthly bill.

#wireless #broadband #same
19261306768118grc
8 days ago
Space Exploration Technologies Corp (SPCX) -- or ******* eX -- is now what Wall Street calls a "broken IPO," meaning a stock trading below its IPO price. The company was valued at $135 in the largest IPO in history. The stock's first trade on June 12 was $150, and it closed just above $200 on that day. Since then, however, it has fallen back to Earth and even investors who got in at the IPO price are now at a loss.
The IPO price is a psychological benchmark that traders anchor to as a fair valuation. Falling below this level can cause the belief that the stock was overhyped causing selling pressure and a reluctance to purchase the stock until it settles. Additionally, institutions who got in at the IPO price are now in a losing position and may look to sell shares on any rally back toward that level.
This week I'll look at other broken IPOs and see if we can determine the chance of further losses compared to overtaking that important IPO price.
We've been tracking the major IPOs for some time now. Our list is by no means a comprehensive list and consists mainly of more popular IPOs. Survivorship bias is also prevalent in the list since it includes only stocks currently trading. Despite that caveat, I think this is an insightful study.
Using the list of IPOs, I identified instances in which a stock closed at least 25% above its IPO price and then, at some point within the next six months, closed below its IPO price. The table below summarizes the stock returns after a signal was generated. The second table shows what returns would have been achieved by purchasing the S&P 500 Index instead.

#ipos #list #since
19261306768118grc
9 days ago
NZS Capital, LLC, an investment management company, released its "NZS Growth Equity Strategy" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Equity markets delivered a strong performance in the second quarter of 2026, driven by demand for AI infrastructure, geopolitical stabilization, and positive earnings reports. The portfolio achieved a gross return of +24.96% and a net return of +24.76%, significantly outperforming the +14.79% return for the Morningstar Global Target Market Exposure Index. Overweight in Semiconductors, stock selection in areas like Software and Industrials, and zero exposure to Energy contributed to the Strategy's outperformance in the quarter. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, NZS Growth Equity Strategy highlighted Intuitive Surgical, Inc. (NASDAQ:ISRG). Intuitive Surgical, Inc. (NASDAQ:ISRG) is a leader in robotic-assisted surgery that develops, manufactures, and markets products for improving the quality of and access to minimally invasive care. On July 20, 2026, Intuitive Surgical, Inc. (NASDAQ:ISRG) closed at $353.17 per share. One-month return of Intuitive Surgical, Inc. (NASDAQ:ISRG) was -10.55%, and its shares lost 29.42% over the past 52 weeks. Intuitive Surgical, Inc. (NASDAQ:ISRG) has a market capitalization of $125.08 billion.
NZS Growth Equity Strategy stated the following regarding Intuitive Surgical, Inc. (NASDAQ:ISRG) in its Q2 2026 investor update:
"Only Real Estate and Healthcare contributed negatively to absolute returns, but Materials and Financials lagged. Intuitive Surgical, Inc. (NASDAQ:ISRG) was the top individual detractor to absolute returns in the quarter. While fundamentals remain solid for Intuitive Surgical, the stock's multiple has not been immune from the broad de-rating in "quality growth" stocks we've seen outside of the AI ecosystem."
Intuitive Surgical, Inc. (NASDAQ:ISRG) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 103 hedge fund portfolios held Intuitive Surgical, Inc. (NASDAQ:ISRG) at the end of the first quarter, compared to 109 in the previous quarter. While we acknowledge the potential of Intuitive Surgical, Inc. (NASDAQ:ISRG) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#intuitive #quarter
19261306768118grc
20 days ago
By Libby George
LONDON, July 10 (Reuters) - Shifting geopolitical alliances are pushing sovereign wealth funds to place greater emphasis on strategic national priorities — from resilient infrastructure to ‌key domestic industries — alongside investment returns, a study released on Friday showed.
The study ‌by Spain-based IE University found sovereign wealth funds managing more than $15 trillion are playing a growing role in funding artificial intelligence as governments increasingly treat AI and semiconductors as strategic ***** ets.
"This fragmented world has had an impact," said Javier Capapé, editor of the report and director of sovereign wealth research at IE University. "Sovereign wealth funds are more and more used by governments to deploy national strategies, develop ‌stronger positions in the global ⁠value chains."
The study also showed a shift towards larger deals. While the number of direct investments fell 17% from the previous reporting period to ⁠391 transactions, total spending jumped 91% to $404 billion compared with the university's 2024 report.
19261306768118grc
22 days ago
MKS Inc. (NASDAQ:MKSI) is one of the 10 Best Stocks to Buy in Glen Kacher's Light Street Portfolio.
On June 25, 2026, MKS Inc. (NASDAQ:MKSI) announced a $25 million expansion of its Atotech equipment manufacturing facility in Guangzhou, China. The expansion aiming to support the global AI build-out, is expected to be completed before the end of the fourth quarter of 2027. The project will add 323,000 square feet and double the site's production capacity. With this investment, the company targets sustained growth in markets related to AI, such as semiconductors and advanced PCB applications. In addition to improving operational efficiency, the expanded facility is anticipated to shorten lead times as well as enhance technical collaboration across Asia.
In another event, BMO Capital initiated coverage of MKS Inc. (NASDAQ:MKSI) with an Outperform rating and set the price target on the stock at $453. The firm believes that MKS Inc. (NASDAQ:MKSI) is a leveraged beneficiary of the AI and data center buildout. The expanding chip capacity and materials intensity, induced by broad semiconductor and advanced packaging exposure, are anticipated to support sustained medium-term growth.
Founded in 1961, MKS Inc. (NASDAQ:MKSI) is a global advanced manufacturing technology leader. Headquartered in Massachusetts, the company offers instruments, systems, subsystems, and process control solutions to ****** yze, measure, and monitor the manufacturing process parameters to optimize productivity for its customers.
While we acknowledge the potential of MKSI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
19261306768118grc
26 days ago
Galiano Gold Inc. (NYSEAMERICAN:GAU) is one of the best value penny stocks to buy according to hedge funds. On May 22, Galiano Gold announced that its Board of Directors approved amendments to the company's proposed Omnibus Equity Incentive Plan. These changes, which reflect suggestions from Institutional Shareholder Services, ensure the plan aligns with Galiano's current corporate policies and practices.
The revisions specifically mandate that certain actions, such as extending stock option terms, reducing exercise prices, or permitting the transfer of options, now require formal shareholder approval. These updates also place tighter restrictions on amendments related to non-employee director participation and the Board's discretionary power to modify the plan without investor input.
Galiano Gold Inc. (NYSEAMERICAN:GAU) filed the amended plan with both SEDAR+ and the US Securities and Exchange Commission, replacing the previous version issued in April. Shareholders will be asked to vote on the revised plan at the Annual General & Special Meeting scheduled for June 11, with the Board recommending a vote in favor.
Galiano Gold Inc. (NYSEAMERICAN:GAU), headquartered in Vancouver, Canada, was established in 1999. The company is engaged in the acquisition and exploration of mineral resources, with a primary focus on the Asanko Gold Mine in West Africa.
While we acknowledge the potential of GAU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
19261306768118grc
26 days ago
Zebra Technologies Corporation (NASDAQ:ZBRA) is one of the best robotics stocks to buy. On June 22 at Automate 2026, Zebra Technologies Corporation (NASDAQ:ZBRA) unveiled its new CV70 CXP machine vision camera. The high-performance solution is tailored for customers looking to implement high-speed, high-resolution applications.
The CV70 CXP machine vision camera is designed to accelerate demanding tasks such as small-part inspection and semiconductor inspection. The solution works with the company's Aurora software, frame grabbers, and vision controllers to help customers overcome the biggest operational challenges. Consequently, users will have a complete vision solution and a fully tested, validated system that can address the most challenging machine vision needs.
The unveiling of the solution comes when manufacturing leaders are increasingly focused on digital transformation. Zebra Technologies has set out to provide the foundation for intelligent operations by designing hardware, software, and automation solutions that help manufacturers achieve actionable visibility.
Zebra Technologies Corporation (NASDAQ:ZBRA) designs hardware, software, and automation solutions for "frontline" workers. They are a global market leader in smart data capture, supplying industries like retail, healthcare, manufacturing, and logistics with tools to track ******* ets and digitize daily workflows.
While we acknowledge the risk and potential of ZBRA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ZBRA and that has 10,000% upside potential, check out our report about this cheapest AI stock.
19261306768118grc
26 days ago
In the course of preparing for retirement, one of the most important things you can do is create an account on SSA.gov to see what monthly Social Security benefit you're in line for. That way, you'll know what sort of check to expect once you bring your career to a close.
But what if the number on the screen is lower than you expected? Getting less out of Social Security could throw your retirement finances for a loop, so it's important to take action.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Your Social Security retirement benefit is based on your 35 most profitable years of wages. If your benefit is lower than you think it should be, it's important to verify your wage history.
Go into your Social Security account and access your earnings statements through the years. They should list your reported wages. If you spot an inaccuracy that could lead to lower benefits -- for example, a year where you have $10,000 of wages on file instead of $90,000 due to a job or name change -- that's the sort of thing you'll want to flag to the SSA.
19261306768118grc
28 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
If you're focused on saving this year, you probably want to know how much interest you can realistically earn. Below, we'll explore how much $10,000 worth of savings can earn in a year and what factors affect your returns.
Before you can estimate how much interest your savings will earn, you need some key pieces of information:
APY: One of the biggest factors that determines how much interest you earn on your savings is the account's interest rate, which represents how much you earn on your deposits, expressed as a percentage. But a more helpful measure of your earnings is APY (short for annual percentage yield). This represents the true earnings on your entire balance over one year, including principal deposits and compound interest.
Compounding frequency: This refers to the number of times per year interest is calculated and credited to your balance. Depending on the account, interest might compound annually, semiannually, quarterly, monthly, or daily. The more often your interest compounds, the faster your balance grows.
19261306768118grc
1 month ago
Meridian Funds, managed by ArrowMark Partners, released its first-quarter 2026 investor letter for "Meridian Contrarian Fund". The Fund aims to invest in undervalued companies with clear catalysts for sustainable improvement. A copy of the letter can be downloaded here. The US equities market started 2026 with volatility driven by trade policy uncertainty and heightened geopolitical risks. Early-period gains were attributed to confidence in domestic companies and to the Federal Reserve easing. However, sentiment deteriorated following increased tariffs and military strikes by the U.S. and Israel against Iran. During the quarter, Meridian Contrarian Fund returned 1.10% compared to the Russell 2500 Growth Index's 2.04% return and its secondary benchmark, the Russell 2500 Value Index's 4.77% return. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Meridian Contrarian Fund highlighted Klarna Group plc (NYSE:KLAR). Klarna Group plc (NYSE:KLAR) is a digital bank and flexible payments company that provides payment solutions, pay-later options, and fair financing. On June 26, 2026, Klarna Group plc (NYSE:KLAR) closed at $20.29 per share, reflecting a market capitalization of $7.71 billion. Klarna Group plc (NYSE:KLAR) posted a one-month return of -13.13%, while its shares gained 62.26% over the past three months.
Meridian Contrarian Fund stated the following regarding Klarna Group plc (NYSE:KLAR) in its Q1 2026 investor letter:
"Klarna Group plc (NYSE:KLARC) is the global leader in the buy-now-pay later (BNPL) payments platform. The fund started our position this quarter, and shares sold off after management issued cautious guidance that showed Klarna's growth was above expectations, but in a newer US credit product that delays the profitability path. Regulatory headlines in both the U.S. and EU around tighter consumer-lending rules further pressured sentiment, overshadowing continued user growth and higher merchant adoption. We remain constructive on Klarna's long term opportunity to monetize its large user base and expand into broader payment and shopping services; we kept our position size modest to reflect elevated regulatory and credit cycle risk as the company works through these headwinds."
Klarna Group plc (NYSE:KLAR) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 40 hedge fund portfolios held Klarna Group plc (NYSE:KLAR) at the end of the first quarter, compared to 44 in the previous quarter. While we acknowledge the potential of Klarna Group plc (NYSE:KLAR) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
19261306768118grc
1 month ago
With a market cap of $32.2 billion, Northern Trust Corporation (NTRS) is a leading global financial services provider specializing in wealth management, ***** et servicing, ***** et management, and banking solutions for corporations, institutions, affluent families, and individuals. It operates across the United States and 22 international locations, managing $18.6 trillion in ***** ets under custody/administration and $1.8 trillion in ***** ets under management as of March 31, 2026.
The Chicago, Illinois-based company is expected to announce its fiscal Q2 2026 results before the market opens on Wednesday, Jul. 22. Ahead of the event, ***** ysts predict NTRS to report a profit of $2.63 per share, a surge of 23.5% from $2.13 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarters.
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As Trump Doubles Down on Quantum Computing, This Is the Top-Performing Stock to Buy YTD
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19261306768118grc
1 month ago
Carvana Co. (NYSE:CVNA) is one of the 10 Interest Rate Sensitive Stocks to Buy Now.
On June 12, 2026, RBC Capital lowered its price target on Carvana Co. (NYSE:CVNA) to $85 from $92 and kept an Outperform rating. RBC Capital updated its retail unit cohort model to gauge market share gain expectations embedded in Street estimates. The firm said its main takeaway is that the Street's implied FY26 and FY27 market share gains appear a bit more aggressive than in prior years.
Last month, Baird ******* yst Craig Kennison raised the firm's price target on Carvana Co. (NYSE:CVNA) to $88 from $80 previously and kept an Outperform rating on the shares. Kennison updated Baird's model following Carvana's 5:1 stock split.
Copyright: antonioguillem / 123RF Stock Photo
Also in May, Barclays ******* yst John Babcock adjusted the firm's price target on Carvana to $93 from $475 and kept an Overweight rating. Barclays cited the company's stock split for the target change. Babcock said Carvana is still growing retail volumes at a solid pace, although below the 40% growth achieved in the last six quarters.
19261306768118grc
1 month ago
Seagate Technology Holdings Plc (NASDAQ:STX) is one of the best trending AI stocks to watch in 2026. Fox Advisors downgraded Seagate Technology Holdings Plc (NASDAQ:STX) to Equal-Weight from Outperform on June 22. The firm cited concerns that expectations for hard disk drive pricing "may be getting ahead" of likely increases.
Seagate Technology Holdings Plc (NASDAQ:STX) also received a rating update from Wells Fargo on June 1. The firm raised the price target on the stock to $900 from $700 and reiterated an Equal Weight rating on the shares. Wells stated that last week it hosted meetings on its 4th Annual Wells Fargo Silicon Valley Bus Tour, the week before, and each one of them had a positive demand tone, ranging from AI data center build-outs to the proliferation of AI inferencing / Agentic AI, driving significant incremental server CPU demand and continued drives of memory expansion.
Seagate Technology Holdings Plc (NASDAQ:STX) is a holding company that develops, produces, and distributes data storage products and electronic data storage solutions. Its products include solid state drives, serial advanced technology attachment controllers, hard disk drives, solid state hybrid drives, peripheral component interconnect express cards, storage subsystems, and computing solutions.
While we acknowledge the potential of STX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
19261306768118grc
1 month ago
Palantir Technologies' (PLTR) stock has been under significant selling pressure for quite some time now. It recently crashed to a 52-week low, extending its year-to-date (YTD) decline to 36.03% and pushing it 45.3% below its previous 52-week high.
The sell-off has largely been driven by concerns surrounding valuation. For much of the past year, Palantir traded at a substantial premium to both traditional software companies and several large-cap technology peers.
Ahead of Micron Earnings, Here's What Barchart Data Says Comes Next for MU Stock
Huge, Unusual In-the-Money Call Option Volume in Intel Stock Today Shows Investors Bullish
Lam Research Stock Just Got a New Street-High Price Target. NAND Equipment Demand Can Take LRCX Higher.
19261306768118grc
1 month ago
By
Updated June 23, 2026 5:00 pm ET
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(2 min)
WASHINGTON—President Trump has chosen James Gadwood, a tax attorney who has represented energy companies, hospitality companies and investment firms, to be the top lawyer at the Internal Revenue Service.
19261306768118grc
1 month ago
Exxon Mobil Corporation (NYSE:XOM) is one of the most undervalued NYSE stocks to invest in. On June 18, ExxonMobil South Africa LNG signed a heads of agreement with the Zululand Energy Terminal/ZET to supply liquefied natural gas. The terminal will be South Africa's first LNG import facility ‌once built.
This project, managed by a consortium including Vopak Terminal Durban and Transnet Pipelines, aims to establish a hub for LNG storage, regasification, and distribution under a 25-year operational term.
The terminal is designed to provide essential infrastructure to supply natural gas to the country's electricity and industrial sectors. This development is particularly critical as South Africa faces a potential "gas cliff" by 2030 due to declining output from existing regional supply sources, which could threaten industrial operations and economic stability if alternative gas supplies are not secured.
Once operational, the facility is expected to strengthen South Africa's long-term energy security and support the country's industrial competitiveness. Both Exxon Mobil Corporation (NYSE:XOM) and ZET highlighted that the collaboration leverages global LNG expertise to address the country's growing energy demand while facilitating a balanced transition within the broader energy sector.
Copyright: 1971yes / 123RF Stock Photo
19261306768118grc
1 month ago
Applied Materials, Inc. (NASDAQ:AMAT) is among the stocks with the best earnings growth for the next 3 years. On June 15, Applied Materials, Inc. (NASDAQ:AMAT) unveiled two new chipmaking systems to address a new challenge in leading-edge semiconductor manufacturing. The systems will not only help achieve precision processing in deep and narrow 3D structures, but will also expand scaling in logic and memory.
With AI computing on the rise, the market has shifted towards advanced 3D device architectures. This includes gate-all-around transistors and high-layer-count 3D NAND. The conventional deposition and etch processes lack the ability to distribute materials evenly as features become deeper and narrower in vertical structures. This is where the company's newly launched systems come in.
Dragon Images/Shutterstock.com
As said by Dr. Prabu Raja, President of the Semiconductor Products Group,
"With our latest deposition and selective etch systems, we are delivering differentiated capabilities that help customers overcome critical scaling barriers and accelerate the next wave of innovation in logic and memory."
19261306768118grc
1 month ago
Howmet Aerospace Inc. (NYSE:HWM) is one of the 12 Best Growth Stocks Trading in Oversold Territory. On May 7, Howmet Aerospace reported a strong start to 2026, with Q1 revenue increasing 19% year-over-year to $2.31 billion, surpassing the high end of its guidance. The company achieved an adjusted EBITDA margin of 32.0%, an improvement of 320 basis points, and reported an adjusted EPS of $1.22, a 42% increase from the prior year.
The company's quarterly performance was supported by record cash generation, with $359 million in free cash flow, which supported $300 million in common stock repurchases. Strategic portfolio shifts also marked the period, including the acquisition of Consolidated Aerospace Manufacturing/CAM and the divestiture of a disk forging facility in Savannah, GA, aligning with the company's focus on businesses with higher growth and margin potential.
Jirat Teparaksa/Shutterstock.com
Looking ahead, Howmet Aerospace Inc. (NYSE:HWM) has increased its full-year 2026 guidance, citing a robust growth outlook in commercial aerospace, defense, and gas turbine markets. While management remains cautious regarding demand in commercial transportation, they anticipate continued strength in engine spares and increased production rates from aerospace OEM customers, with the newly acquired ***** ets expected to contribute to future growth.
Howmet Aerospace Inc. (NYSE:HWM) provides advanced engineered solutions for the aerospace and transportation industries. The company's primary business focus is on providing components for aircraft engines, airframe structures, and fastening systems.
19261306768118grc
1 month ago
On Monday, June 15, Honeywell International (HON) received final board approval for its aerospace spin-off, locking in Monday, June 29, as the official separation date as the industrial giant sheds its skin and steps forward as a focused automation company. The stock wasted no time reacting, jumping roughly 3.2% in intra-day trading after the announcement, riding a broader market rally sparked by a U.S.-Iran peace deal.
The board formally greenlit the distribution of Honeywell Aerospace (HONA) shares to existing shareholders, setting the wheels in motion for a restructuring first unveiled earlier this year, and once the dust settles, the remaining entity takes the name Honeywell Technologies and keeps the HON ticker.
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Ford Is Fixing Its Biggest Problems. The Hard Part Comes Next.
General Motor's Battery Pivot Could Change Everything for GM Stock
19261306768118grc
1 month ago
SpaceX (NASDAQ: $SPCX) perpetual futures contracts have become the biggest market on decentralized exchange Hyperliquid (CRYPTO: $HYPE).
Hyperliquid's ****** eX perps, as perpetual futures are known, recorded $1.4 billion U.S. in trading volumes on June 12, the day of the ****** eX initial public offering (IPO).
That makes ****** eX perps the biggest market on Hyperliquid, accounting for about 30% of all trading volume on the exchange.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion
19261306768118grc
2 months ago
Cracker Barrel stock is up about 12% ahead of Wednesday's open. (Eric Glenn/Shutterstock)
Shares of Cracker Barrel Old Country Store (CBRL) soared 30% on Wednesday morning, amid ******* yst price target hikes. An upgrade to overweight from UBS pointed out that the shares were heavily shorted.
Shares of Cracker Barrel had already advanced about 8% on Monday and Tuesday. The stock is now up about 40% this week, according to MarketSurge.
About 27% of the float is currently held short, according to MarketSurge. Generally speaking, a short interest of about 10% is typically viewed as elevated. Anything above 20% is considered extremely high. When traders short a stock they are betting the price will fall. However, if it starts to rise short sellers are forced to buy more of the stock to cover their impending losses. Those forced purchases place added upward pressure on the price.
Shorts against Cracker Barrel have increased by 3.6%, meaning it would now require about 5.8 days of the stock's average trading volume for short sellers to buy back all their shares. The meme stock crowd had not yet picked up on the action, with Cracker Barrel not registering among the top 50 stocks trending early Wednesday on the Ape Wisdom stock list.