4 days ago
Image source: The Motley Fool.
Wednesday, Sept. 2, 2026 at 5 p.m. ET
Chief Financial Officer - Balaji Gandhi
Chief Executive Officer - Chaim Indig
Operator: Good evening, ladies and gentlemen, and welcome to the Phreesia Second Quarter Fiscal 2027 Earnings Conference Call. [Operator Instructions] First, I would like to introduce Balaji Gandhi, Phreesia's Chief Financial Officer. Mr. Gandhi, you may begin.
#gandhi
Wednesday, Sept. 2, 2026 at 5 p.m. ET
Chief Financial Officer - Balaji Gandhi
Chief Executive Officer - Chaim Indig
Operator: Good evening, ladies and gentlemen, and welcome to the Phreesia Second Quarter Fiscal 2027 Earnings Conference Call. [Operator Instructions] First, I would like to introduce Balaji Gandhi, Phreesia's Chief Financial Officer. Mr. Gandhi, you may begin.
#gandhi
10 days ago
KO gained 7.8% and raised its quarterly dividend during the rate spike; PG's stock fell 4.42% while its payout still climbed.
JNJ raised its quarterly dividend every April from $1.13 to $1.34, backed by nearly $21 billion in projected free cash flow.
All three Dividend Kings prove dividend safety lives in free cash flow and balance sheets, not the rate environment.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and Johnson & Johnson didn't make the cut. Enter your email to see the names that beat JNJ. The report is free. Enter your email and see if any of your stocks made the cut.
Rising rates create a specific, mechanical problem for dividend stocks: when risk-free yields climb, a payout has to fight bonds for the same investor dollar, and share prices of income names often slide even when the underlying business is fine. That backdrop is live right now. The 10-Year Treasury yield closed at 4.79% on September 2, 2026, sitting in the 99.2 percentile of its trailing one-year range. Against that competition, three US-listed Dividend Kings kept declaring higher payouts through every quarterly cycle from 2022 forward. Their dividend records tell the real story here.
#quarterly #kings #johnson
JNJ raised its quarterly dividend every April from $1.13 to $1.34, backed by nearly $21 billion in projected free cash flow.
All three Dividend Kings prove dividend safety lives in free cash flow and balance sheets, not the rate environment.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now, and Johnson & Johnson didn't make the cut. Enter your email to see the names that beat JNJ. The report is free. Enter your email and see if any of your stocks made the cut.
Rising rates create a specific, mechanical problem for dividend stocks: when risk-free yields climb, a payout has to fight bonds for the same investor dollar, and share prices of income names often slide even when the underlying business is fine. That backdrop is live right now. The 10-Year Treasury yield closed at 4.79% on September 2, 2026, sitting in the 99.2 percentile of its trailing one-year range. Against that competition, three US-listed Dividend Kings kept declaring higher payouts through every quarterly cycle from 2022 forward. Their dividend records tell the real story here.
#quarterly #kings #johnson
12 days ago
TFC and USB pay the same $0.52 quarterly dividend, but TFC's has been frozen for 4 years while USB guides to another ~4% raise in Q3 2026.
Truist is returning over 100% of earnings to shareholders via a $5 billion buyback program, explicitly sidelining per-share dividend growth.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Two of America's largest regional banks just paid shareholders the exact same dividend. Truist Financial (NYSE:TFC) sent investors $0.52 per share on September 1, 2026, matching to the penny the $0.52 per share U.S. Bancorp (NYSE:USB) distributed on July 15, 2026. Identical payments, similar business models, same sector. The similarity ends there. One of these dividends is quietly accelerating. The other has been frozen for four years.
The starting point for any dividend comparison is yield, and here Truist wins on the surface. With shares trading at $50.74 and an annualized forward payout of $2.08, TFC yields roughly 4.1%. U.S. Bancorp, at $62.35 with the same $2.08 annualized, yields closer to 3.3%.
#Dividend #Share
Truist is returning over 100% of earnings to shareholders via a $5 billion buyback program, explicitly sidelining per-share dividend growth.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Two of America's largest regional banks just paid shareholders the exact same dividend. Truist Financial (NYSE:TFC) sent investors $0.52 per share on September 1, 2026, matching to the penny the $0.52 per share U.S. Bancorp (NYSE:USB) distributed on July 15, 2026. Identical payments, similar business models, same sector. The similarity ends there. One of these dividends is quietly accelerating. The other has been frozen for four years.
The starting point for any dividend comparison is yield, and here Truist wins on the surface. With shares trading at $50.74 and an annualized forward payout of $2.08, TFC yields roughly 4.1%. U.S. Bancorp, at $62.35 with the same $2.08 annualized, yields closer to 3.3%.
#Dividend #Share
13 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
When it comes to financial advisors, many investors wonder how much they should be paying in fees — and whether it's worth it. There are several fee structures to choose from (as well as the option of doing it yourself). So how do you know which option works best for you?
Take Josh, for example. His financial advisor is managing a $300,000 portfolio. So far, the returns have been a whopping 30% but Josh is also paying a 2% fixed fee to his advisor.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#josh #financial #advisor
When it comes to financial advisors, many investors wonder how much they should be paying in fees — and whether it's worth it. There are several fee structures to choose from (as well as the option of doing it yourself). So how do you know which option works best for you?
Take Josh, for example. His financial advisor is managing a $300,000 portfolio. So far, the returns have been a whopping 30% but Josh is also paying a 2% fixed fee to his advisor.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#josh #financial #advisor
18 days ago
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, ASX:GGP) has delivered a net profit after tax of A$862 million in its first full financial year owning the Telfer gold-copper operation, supported by strong production, higher metal prices and substantial cash generation.
Revenue for the year to June 30, 2026, reached A$2.26 billion, up 136%, while EBITDA increased 186% to A$1.33 billion. Free cash flow jumped 413% to A$737 million, helping lift closing cash to $1.29 billion.
The company sold 326,859 ounces of gold at an average realised price of A$6,223 an ounce and 14,730 tonnes of copper at an average A$14,895 a tonne.
Telfer produced 328,987 ounces of gold and 14,594 tonnes of copper during the year at an all-in sustaining cost of A$2,179 per ounce.
Gold production rose 66% compared with the previous period, while gold sales increased 81%. The comparison reflects only around seven months of Telfer ownership in the prior year following Greatland's acquisition in December 2024.
Greatland processed 19.2 million tonnes during the year at an average grade of 0.58 g/t gold and 0.1% copper, achieving gold recovery of 88%.
#year #telfer #cash #greatland
Revenue for the year to June 30, 2026, reached A$2.26 billion, up 136%, while EBITDA increased 186% to A$1.33 billion. Free cash flow jumped 413% to A$737 million, helping lift closing cash to $1.29 billion.
The company sold 326,859 ounces of gold at an average realised price of A$6,223 an ounce and 14,730 tonnes of copper at an average A$14,895 a tonne.
Telfer produced 328,987 ounces of gold and 14,594 tonnes of copper during the year at an all-in sustaining cost of A$2,179 per ounce.
Gold production rose 66% compared with the previous period, while gold sales increased 81%. The comparison reflects only around seven months of Telfer ownership in the prior year following Greatland's acquisition in December 2024.
Greatland processed 19.2 million tonnes during the year at an average grade of 0.58 g/t gold and 0.1% copper, achieving gold recovery of 88%.
#year #telfer #cash #greatland
21 days ago
Marvell Technology (NASDAQ: MRVL) has delivered a standout performance among semiconductor stocks so far in 2026. The first catalyst arrived earlier this year in the form of a $2 billion investment from Nvidia -- bolstering a partnership that aims to deepen the technical collaboration between the two chip companies around interconnects and photonics.
This endorsement was amplified in June after Nvidia CEO Jensen Huang publicly ***** erted that Marvell could become the next trillion-dollar artificial intelligence (AI) chip company. With Marvell shares up more than 160% year to date and with its second-quarter earnings scheduled for Aug. 27, some investors may be wondering whether Marvell stock is still a buy.
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 »
Consensus estimates among ***** ysts point to revenue of approximately $2.7 billion, which would amount to 35% growth year over year. Adjusted earnings per share (EPS) are expected to be $0.93, an increase of roughly 39%. Sustained growth at this scale implies Marvell has secured meaningful traction in custom application-specific integrated circuits (ASICs), high-speed networking, and optical connectivity from AI hyperscale operators.
Attempting to time your buys right before or after an earnings release is not a sustainable investment strategy in the long run. The stock market prices a wide range of possible outcomes into shares ahead of such high-profile events, and the moves that follow an earnings report frequently are driven more by management's guidance and commentary than by the headline numbers themselves. Using a strategy of dollar-cost averaging avoids this noise because it spreads your purchases across multiple periods, reducing the impact of short-term volatility on your average purchase price.
#marvell #year
This endorsement was amplified in June after Nvidia CEO Jensen Huang publicly ***** erted that Marvell could become the next trillion-dollar artificial intelligence (AI) chip company. With Marvell shares up more than 160% year to date and with its second-quarter earnings scheduled for Aug. 27, some investors may be wondering whether Marvell stock is still a buy.
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 »
Consensus estimates among ***** ysts point to revenue of approximately $2.7 billion, which would amount to 35% growth year over year. Adjusted earnings per share (EPS) are expected to be $0.93, an increase of roughly 39%. Sustained growth at this scale implies Marvell has secured meaningful traction in custom application-specific integrated circuits (ASICs), high-speed networking, and optical connectivity from AI hyperscale operators.
Attempting to time your buys right before or after an earnings release is not a sustainable investment strategy in the long run. The stock market prices a wide range of possible outcomes into shares ahead of such high-profile events, and the moves that follow an earnings report frequently are driven more by management's guidance and commentary than by the headline numbers themselves. Using a strategy of dollar-cost averaging avoids this noise because it spreads your purchases across multiple periods, reducing the impact of short-term volatility on your average purchase price.
#marvell #year
22 days ago
Iran has discovered more than 7.5 trillion cubic feet (tcf) of natural gas in the southern province of Fars, Oil Minister Mohsen Paknejad claimed on state television, Bloomberg reported.
The announcement comes after months of conflict involving the US and Israel, which has severely affected Iran's energy infrastructure.
Of the estimated reserves, Paknejad said that around 5.7tcf of gas is thought to be recoverable.
The minister compared the potential output to 15 years' worth of production from one phase of the South Pars field, which is jointly operated by Iran and Qatar and recognised as the world's largest gas field.
The discovery also includes quantities of gas condensates, which Paknejad valued in the "tens of billions of dollars".
#paknejad #Iran #field #Israel
The announcement comes after months of conflict involving the US and Israel, which has severely affected Iran's energy infrastructure.
Of the estimated reserves, Paknejad said that around 5.7tcf of gas is thought to be recoverable.
The minister compared the potential output to 15 years' worth of production from one phase of the South Pars field, which is jointly operated by Iran and Qatar and recognised as the world's largest gas field.
The discovery also includes quantities of gas condensates, which Paknejad valued in the "tens of billions of dollars".
#paknejad #Iran #field #Israel
26 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
A 55-year-old former HVAC company owner spent 22 years building his business before selling it for $3.5 million after taxes and fees. Less than a month later, his brother asked where his "family share" was.
The brother had never worked for the company or put money into it. Still, he expected a six-figure payout. When the former business owner said no, his brother stopped speaking to him.
With the money now sitting in his account, he decided not to make any big moves right away. Instead, he spread it across stocks, bonds, cash and commercial real estate, figuring there was no reason to replace one concentrated bet with another.
Don't Miss:
#company #benzinga #less
A 55-year-old former HVAC company owner spent 22 years building his business before selling it for $3.5 million after taxes and fees. Less than a month later, his brother asked where his "family share" was.
The brother had never worked for the company or put money into it. Still, he expected a six-figure payout. When the former business owner said no, his brother stopped speaking to him.
With the money now sitting in his account, he decided not to make any big moves right away. Instead, he spread it across stocks, bonds, cash and commercial real estate, figuring there was no reason to replace one concentrated bet with another.
Don't Miss:
#company #benzinga #less
26 days ago
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Seller concessions are at near-record highs in today's buyer's market, so there's a good chance you can negotiate some credits or other help from your lender if you're buying a home.
Just be aware that all major loan programs limit concessions to a small share of the purchase price. It's important to know the limits because if you ask for a higher amount, your lender will reduce your concessions at closing, and you'll get less than you expected.
Becoming familiar with the seller concession limits for your loan program before talking with the seller puts you in a stronger negotiating position.
Loan type
#limits #disclosure #becoming
Seller concessions are at near-record highs in today's buyer's market, so there's a good chance you can negotiate some credits or other help from your lender if you're buying a home.
Just be aware that all major loan programs limit concessions to a small share of the purchase price. It's important to know the limits because if you ask for a higher amount, your lender will reduce your concessions at closing, and you'll get less than you expected.
Becoming familiar with the seller concession limits for your loan program before talking with the seller puts you in a stronger negotiating position.
Loan type
#limits #disclosure #becoming
1 month ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Achieved record quarterly revenue and adjusted EBITDA, driven by a 43% year-over-year increase in Cortrophin Gel sales and persistent execution in the Generics segment.
Completed the single largest rare disease sales force expansion in company history, increasing headcount by 50% to approximately 180 representatives to target the acute gouty arthritis market.
Attributed strong Cortrophin growth to existing specialties like ophthalmology, where volumes doubled year-over-year, and rheumatology, despite early-year insurance reverification headwinds.
Maintained a dominant position in the Generics market as the #2 player in Competitive Generic Therapy (CGT) filings, utilizing cash flow to fund rare disease R&D and commercial infrastructure.
#cortrophin #generics #achieved
Achieved record quarterly revenue and adjusted EBITDA, driven by a 43% year-over-year increase in Cortrophin Gel sales and persistent execution in the Generics segment.
Completed the single largest rare disease sales force expansion in company history, increasing headcount by 50% to approximately 180 representatives to target the acute gouty arthritis market.
Attributed strong Cortrophin growth to existing specialties like ophthalmology, where volumes doubled year-over-year, and rheumatology, despite early-year insurance reverification headwinds.
Maintained a dominant position in the Generics market as the #2 player in Competitive Generic Therapy (CGT) filings, utilizing cash flow to fund rare disease R&D and commercial infrastructure.
#cortrophin #generics #achieved
1 month ago
The S&P 500 Index ($SPX) (SPY) today is up +1.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +1.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +2.21%. September E-mini S&P futures (ESU26) are up +1.20%, and September E-mini Nasdaq futures (NQU26) are up +2.30%.
Stock indices are climbing today, with the S&P 500 and Dow Jones Industrials posting new all-time highs and the Nasdaq 100 posting a 2.5-week high. Strength in technology stocks is leading the broader market higher on some better-than-expected earnings results. Palantir Technologies is up more than +27% after reporting stronger-than-expected Q2 revenue and raising its full-year revenue forecast. Also, Zebra Technologies is up more than +19% after reporting better-than-expected Q2 EPS and raising its full-year EPS forecast. In addition, Caterpillar is up more than +5% after reporting Q2 adjusted EPS that was well above the consensus.
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#expected #Stock
Stock indices are climbing today, with the S&P 500 and Dow Jones Industrials posting new all-time highs and the Nasdaq 100 posting a 2.5-week high. Strength in technology stocks is leading the broader market higher on some better-than-expected earnings results. Palantir Technologies is up more than +27% after reporting stronger-than-expected Q2 revenue and raising its full-year revenue forecast. Also, Zebra Technologies is up more than +19% after reporting better-than-expected Q2 EPS and raising its full-year EPS forecast. In addition, Caterpillar is up more than +5% after reporting Q2 adjusted EPS that was well above the consensus.
General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race
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#expected #Stock
2 months ago
US tech stocks regained their footing on Tuesday as a sell-off in chip stocks underscored concerns about AI circular financing deals, countering a drop in oil prices and earnings optimism.
The Nasdaq Composite (^IXIC) bounced back from earlier losses to hover near the flat line. The S&P 500 (^GSPC) rose nearly 0.4%, while the Dow Jones Industrial Average (^DJI) climbed 1.2% as investors weighed the latest quarterly results.
Stocks generally moved higher as the earnings deluge continued. Boeing (BA), PayPal (PYPL), and Coca-Cola (KO) all rose after reporting results, with Coca-Cola stock on track for its best day since 2009. Investors will be watching SK Hynix's results due around 8 p.m. ET for insight into the memory trade as AI worries swirl.
That helped offset souring sentiment in the chip sector amid reports that Nvidia (NVDA) is exploring a $250 billion funding backstop for OpenAI (OPAI.PVT), further intertwining the two companies and heightening worries about circular financing. Tech traders also grew nervous that Chinese competition is narrowing the AI gap with US companies, undermining prospects for a payoff.
Oil prices, meanwhile, continued to retreat after the US and Iran halted active fighting and President Trump said the two sides were in diplomatic talks. "There's a good chance that something could happen, and if it does, good," Trump said aboard Air Force One on Monday. "If it doesn't, we go back to doing what we were doing."
#investors
The Nasdaq Composite (^IXIC) bounced back from earlier losses to hover near the flat line. The S&P 500 (^GSPC) rose nearly 0.4%, while the Dow Jones Industrial Average (^DJI) climbed 1.2% as investors weighed the latest quarterly results.
Stocks generally moved higher as the earnings deluge continued. Boeing (BA), PayPal (PYPL), and Coca-Cola (KO) all rose after reporting results, with Coca-Cola stock on track for its best day since 2009. Investors will be watching SK Hynix's results due around 8 p.m. ET for insight into the memory trade as AI worries swirl.
That helped offset souring sentiment in the chip sector amid reports that Nvidia (NVDA) is exploring a $250 billion funding backstop for OpenAI (OPAI.PVT), further intertwining the two companies and heightening worries about circular financing. Tech traders also grew nervous that Chinese competition is narrowing the AI gap with US companies, undermining prospects for a payoff.
Oil prices, meanwhile, continued to retreat after the US and Iran halted active fighting and President Trump said the two sides were in diplomatic talks. "There's a good chance that something could happen, and if it does, good," Trump said aboard Air Force One on Monday. "If it doesn't, we go back to doing what we were doing."
#investors
2 months ago
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter.
The Sonder name is getting a second chapter: Vancouver-based TravelAI announced today it is acquiring Sonder's brand and intellectual property, including its trademarks and domain names, according to a Monday news release shared with Hotel Dive.
The acquisition, which did not include "Sonder's operating business, including its properties, leases, inventory, or staff," per the release, follows Sonder's November 2025 split from Marriott International and subsequent bankruptcy filing.
The move relaunches Sonder.com as a "curated, AI-enabled guide," powered by "the memory infrastructure TravelAI is building for the travel industry," which collects users' tastes, preferences and history over time, rather than starting from scratch, per the release. The website is live as of July 27.
The new Sonder provides travelers with a curated selection of boutique hotels and urban accommodations in major cities around the world chosen for their design, neighborhood and quality, per the release.
#dive #including
The Sonder name is getting a second chapter: Vancouver-based TravelAI announced today it is acquiring Sonder's brand and intellectual property, including its trademarks and domain names, according to a Monday news release shared with Hotel Dive.
The acquisition, which did not include "Sonder's operating business, including its properties, leases, inventory, or staff," per the release, follows Sonder's November 2025 split from Marriott International and subsequent bankruptcy filing.
The move relaunches Sonder.com as a "curated, AI-enabled guide," powered by "the memory infrastructure TravelAI is building for the travel industry," which collects users' tastes, preferences and history over time, rather than starting from scratch, per the release. The website is live as of July 27.
The new Sonder provides travelers with a curated selection of boutique hotels and urban accommodations in major cities around the world chosen for their design, neighborhood and quality, per the release.
#dive #including
2 months ago
The second wave of the US-Iran conflict shows no signs of letting up. Attacks by the Houthi militia have threatened to curtail shipping through the Red Sea. Russia's refineries are buckling under the weight of bombardment by the Ukrainian military.
For global oil markets, already in a precarious situation, critical logistical nodes just keep getting thwarted. Things keep going wrong. Oil prices have started rebounding in return, reaching levels not seen since the first weeks of June before the signing of the US-Iran memorandum of understanding as Brent futures (BZ=F) crossed $100 per barrel on Thursday.
"If a ceasefire does not materialize," Rystad Energy head of geopolitical ***** ysis Jorge León said, "the risk of a significant rebound in oil prices would be substantial."
As the war between the US and Iran initially began in late February, attention swung toward the Strait of Hormuz, a critical waterway responsible for roughly a fifth of the world's oil trade. Threats of violence and, eventually, direct attacks on vessels by Iranian military wings sent traffic through the strait collapsing, kicking off the largest energy supply crisis on record.
Six months down the road, as the conflict has reignited, the danger for the global oil market has diversified, no longer concentrated in a single waterway or oil-producing country. Instead, disruptions are accumulating across the infrastructure that carries crude from the Middle East, processes Russian oil into 11% of the world's diesel, and supplies fuel to consumers from Europe to Asia — and at a time when the market is already squeezed after half a year's worth of supply disruptions.
#energy
For global oil markets, already in a precarious situation, critical logistical nodes just keep getting thwarted. Things keep going wrong. Oil prices have started rebounding in return, reaching levels not seen since the first weeks of June before the signing of the US-Iran memorandum of understanding as Brent futures (BZ=F) crossed $100 per barrel on Thursday.
"If a ceasefire does not materialize," Rystad Energy head of geopolitical ***** ysis Jorge León said, "the risk of a significant rebound in oil prices would be substantial."
As the war between the US and Iran initially began in late February, attention swung toward the Strait of Hormuz, a critical waterway responsible for roughly a fifth of the world's oil trade. Threats of violence and, eventually, direct attacks on vessels by Iranian military wings sent traffic through the strait collapsing, kicking off the largest energy supply crisis on record.
Six months down the road, as the conflict has reignited, the danger for the global oil market has diversified, no longer concentrated in a single waterway or oil-producing country. Instead, disruptions are accumulating across the infrastructure that carries crude from the Middle East, processes Russian oil into 11% of the world's diesel, and supplies fuel to consumers from Europe to Asia — and at a time when the market is already squeezed after half a year's worth of supply disruptions.
#energy
2 months ago
SpaceX (SPCX) stock is down more than 5% on Wednesday following a recent rough patch. Shares are in focus as CEO Elon Musk's other company — Tesla (TSLA) — reports second quarter earnings after the bell.
Despite a nice pop on Tuesday, the rocket launch company's shares have shed 20% since early last week. The drop also coincided with the company's scrapping plans to launch Starship V3, the company's latest ****** ecraft, last Thursday night, due to an engine issue.
SpaceX stock sold off during the next trading session on Friday before hitting an all-time closing low of $119.85 on Monday.
Without any new catalysts for the stock, some market watchers see $100 as the next price level to watch. Meanwhile, ****** eX has shed over $1.1 trillion in market value.
#wednesday
Despite a nice pop on Tuesday, the rocket launch company's shares have shed 20% since early last week. The drop also coincided with the company's scrapping plans to launch Starship V3, the company's latest ****** ecraft, last Thursday night, due to an engine issue.
SpaceX stock sold off during the next trading session on Friday before hitting an all-time closing low of $119.85 on Monday.
Without any new catalysts for the stock, some market watchers see $100 as the next price level to watch. Meanwhile, ****** eX has shed over $1.1 trillion in market value.
#wednesday
2 months ago
International Business Machines (IBM) just had the kind of trading day that makes people look at the stock twice. The shares dropped 25.2% in a single session, wiping out tens of billions of market value and marking the worst one‑day fall in the company's recent history.
That kind of move didn't just hurt anyone who bought near the highs. It also forced the market to rethink what IBM is really worth. Then the tone got even tougher.
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That kind of move didn't just hurt anyone who bought near the highs. It also forced the market to rethink what IBM is really worth. Then the tone got even tougher.
Mark Cuban Says If You've Got $100,000, You'll Get The 'Best Guaranteed' ROI Buying Bulk Toothpaste & Soup — Put the Rest in the Bank, 'Let It Earn Nothing'
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2 months ago
Financial services major Wells Fargo has upgraded the shares of hard disk drive (HDD) maker Seagate (STX) to "Overweight," citing strong demand and average selling price accretion in the coming times. Notably, the price target of $1,100 implies a potential upside of 27% from current levels.
Along with continued visibility in demand, strong free cash flow generation was another tailwind that the broker reckons is working in favor of the company.
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Along with continued visibility in demand, strong free cash flow generation was another tailwind that the broker reckons is working in favor of the company.
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