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Management attributes the Q2 EBITDA tripling to the materialization of three strategic pillars: automotive volume recovery, footprint optimization, and the expiration of uneconomic legacy supply contracts.
Automotive shipments reached a two-year high, allowing finishing lines to return to healthy utilization levels and improving unit cost absorption.
The company credits Section 232 and recent trade enforcement for accelerating domestic manufacturing investment and eliminating 'escape valves' for transshipped steel from Mexico and Canada.
Management **** erts that Cleveland-Cliffs has become the 'supplier of choice' for the U.S. auto sector, claiming market share gains from both domestic integrated competitors and mini-mills.

#management #domestic #NVIDIA #Mexico

Custom Health Holdings Inc (TSX:CHLT) has signed a binding letter of intent to acquire Wisconsin-based Evergreen Pharmacy LLC in a deal expected to add more than US$78 million in annual revenue to the company.
Under the terms of the letter of intent, Custom Health will pay a total purchase price of US$3.5 million, including at least US$1 million of prescription drug inventory and US$450,000 of net working capital. The purchase price is payable in cash on closing, subject to a US$175,000 indemnity holdback for six months following closing.
The acquisition is expected to strengthen Custom Health's ability to support patients managing complex therapies and expand its operating footprint across the US Midwest.
Shares of Custom Health were up 8.3% in Canada.
Evergreen is licensed to provide pharmacy services in Wisconsin, Illinois and Michigan, with the ability to expand into Minnesota.

#letter

Micron Technology (MU) stock closed comfortably in the green on Tuesday after Bank of America Securities added the memory chips specialist to its "U.S. 1 List." The firm's senior ****** yst Vivek Arya maintains a "Buy" rating on MU, with a bullish $1,550 price target signaling potential upside of about 55% from current levels.
Micron stock's addition to BofA's highest conviction buy calls is significant given it is already up more than 200% year-to-date.
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#micron #technology #vivek

Valmont Industries (NYSE:VMI) reported better-than-expected second-quarter results on Tuesday, beating Wall Street forecasts for both earnings and revenue as strong demand across its infrastructure operations supported growth.
Shares edged 0.76% higher in pre-market trading following the announcement.
Adjusted earnings came in at $6.14 per share, exceeding the **** yst consensus estimate of $5.80. Revenue increased 6.5% year over year to $1.12 billion, ahead of expectations of $1.09 billion.
The Infrastructure segment remained the company's largest growth driver, with revenue climbing 14.8% to $878.9 million, accounting for nearly four-fifths of total sales.
Within the segment, North America Utility revenue jumped 33.9%, while North America Coatings posted growth of 16.6%, supported by higher volumes and favourable pricing.

#higher

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter.
Volvo Group executives reaffirmed its full-year guidance for North America of 265,000 trucks, even after first-half retail sales fell 18% year over year, according to the company's Q2 earnings report.
The company reported its net order intake nearly doubled from a year earlier, driven largely by strong demand tied to the rapid development of data centers across the U.S.
"The ramp-up for trucks in North America is currently a key priority," CEO Martin Lundstedt said during the company's earnings call held July 17. "Our focus also remains regarding effective cost control, and we actively pursue commercial efforts to mitigate the increases in freight and material costs."
Volvo executives are betting that a surge in truck orders — particularly from data center projects — will help offset a sluggish first half and support deliveries through the remainder of the year.

#year #dive #first

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Astera Labs (NASDAQ:ALAB) develops, produces, and markets connectivity solutions utilizing a software-defined architecture to empower customers to deploy and operate high-performance cloud and artificial intelligence systems at scale.
While expanding its Taiwan operations and related facilities to facilitate system integration with local manufacturers, it was added to the Nasdaq-100 Index and reported a 26% net income margin for the quarter ended March 31, 2026.
Navitas Semiconductor (NASDAQ:NVTS) designs, develops, and markets gallium nitride power integrated circuits, silicon system controllers, and digital isolators for various power conversion and charging applications around the world.
It responded to a new patent infringement lawsuit filed by Wolfspeed, issued earn-out shares to satisfy contingent obligations, and reported a negative 318% EBIT margin for the quarter ended March 31, 2026.
Revenue gives investors an essential baseline measure of the total money brought in by a business over a given period before any operating expenses, taxes, or interest payments are subtracted. This metric reveals whether an organization is successfully attracting customers and growing its overall business volume over time.

Gold's 2026 story was mostly supposed to be how high the safe-haven trade could potentially run.
For context, the shiny yellow metal soared roughly 63% in 2025, according to LBMA benchmark data, the strongest annual gain in more than four decades.
Lately, though, the bull case has been tested, and then some
Yahoo Finance's quotes show August gold futures trading around $3,975.40 per ounce, down 10.6% over the past month and 7.5% since the start of the year.
Though the long-term bull case remains in place, the near-term setup has become much less comfortable.

Apple's $4.88T market cap edged NVIDIA's $4.85T, reclaiming the world's most valuable company ****** le it last held in April 2025.
Buffett's Apple stake, representing 22% of Berkshire's portfolio at roughly $58 billion, quietly vindicated his conviction as the stock surged 59% over one year.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today.
For the better part of a year, NVIDIA wore the crown as the most valuable company on earth. As of this morning, it has been dethroned by Apple (NASDAQ:AAPL), the company Warren Buffett has bet more on than any other.
Per live market data on July 17, 2026, Apple's market capitalization sits at roughly $4.88 trillion, edging NVIDIA (NASDAQ:NVDA) at about $4.85 trillion. The lead is slim enough to change hands in a single trading session, but for now the ****** le belongs to Apple. Reuters noted this is a spot Apple last held in April 2025.

NEW YORK (AP) — U.S. stocks ticked higher Wednesday following strong profit reports from BlackRock and other big companies. The tentative gains came as oil prices swung to their highest levels in a month because of the war with Iran.
The S&P 500 rose 0.4% after flipping between modest gains and losses through the day, and it's back within 0.5% of its all-time high set last month. The Dow Jones Industrial Average added 150 points, or 0.3%, and the Nasdaq composite climbed 0.6%.
BlackRock helped lead the market with a rise of 6.6% after the company behind some of the most popular investment funds reported stronger profit and revenue for the latest quarter than **** ysts expected. CEO Laurence Fink said its iShares funds topped $6 trillion in **** ets under management during the quarter, roughly doubling in three years.
Bank of New York Mellon rose 5.1% after adding to the spate of strong earnings reports from many of the biggest U.S. banks a day earlier. Cintas climbed 4.4% after the provider of office uniforms, restroom supplies and other products likewise delivered a better profit for the latest quarter than **** ysts forecast.
They helped offset a drop for Elevance Health, which fell 8.5% even though it reported stronger profit and revenue than **** ysts expected.

Wells Fargo & Co (NYSE:WFC) is one of the top bank stocks to buy now according to ****** ysts. Wells Fargo shares have gained roughly 8% in the past month and are expected to keep rising. Wall Street has a consensus Buy rating on Wells Fargo stock, and some 82 hedge funds are backing this stock.
Ken Wolter / Shutterstock.com
On July 6, JPMorgan raised its price target on Wells Fargo & Co (NYSE:WFC) shares to $93.50 from $86.50 while keeping a Neutral rating on the stock. The firm adjusted the Wells Fargo estimates as part of its large-cap banks Q2 2026 earnings preview.
Wells Fargo is due to report its Q2 results on July 14. For the quarter, ****** ysts are projecting 4.9% YoY revenue growth for the bank to $21.8 billion. The quarter is expected to benefit from continued growth in consumer and business spending, which is fueling loan volumes and deposits. At an investor conference in June, Wells Fargo said its loan growth was exceeding initial expectations.
GAAP EPS is forecast to rise 7% to $1.71. The bank's bottom line is expected to benefit from cost discipline aimed at expanding the operating profit margin.

By Amanda Cooper
LONDON, July 14 (Reuters) - The dollar remained in sight of 13-month highs on Tuesday ahead of U.S. inflation data, which will come under extra scrutiny as Middle East tensions boost oil prices, while Federal Reserve Chair Kevin ‌Warsh delivers his first semiannual testimony to Congress.
U.S. and Iranian forces traded attacks in the Gulf, where maritime traffic through ‌the Strait of Hormuz has come to near-standstill, pushing oil towards $90 a barrel. As a result, investors are now pricing in a higher chance of global interest rates rising this year.
With uncertainty over how long the latest ***** -for-tat exchanges might last and how they might affect the flow of oil to world markets, investors are focussed on the outlook for price pressures.
"Core inflation, combined with rising oil prices, is supportive for the dollar and then there's Warsh. I think he will be pressed a bit harder than he was post-Fed, which will be interesting, because he wants to keep his cards close ‌to his chest," City Index market strategist Fiona ⁠Cincotta said of the new Fed Chair's aversion to giving much of a steer on monetary policy.

Updated July 10, 2026, 4:56 pm EDT / Original July 10, 2026, 7:19 am EDT
Micron Technology
MU
-1.24%
stock played second fiddle to memory-chip peer SK Hynix’s
000660
-0.27%
strong
market debut
on Friday.
MU
-1.24%
000660

Valued at a market cap of $45 billion, PG&E Corporation (PCG) is one of the largest regulated electric and natural gas utility holding companies in the United States. Headquartered in Oakland, California, the company owns and operates an extensive network of electric transmission lines, distribution systems, natural gas pipelines, and power generation ******* ets.
PCG is set to report its Q2 earnings on Thursday, July 23, 2026, before the market opens. Ahead of the release, ******* ysts expect the company to post diluted EPS of $0.37, up 19.4% from $0.31 in the year-ago quarter. PCG has exceeded or met Wall Street's EPS estimates in two of its last four quarters and missed expectations in the remaining two quarters.
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Salesforce, Inc. (NYSE:CRM) is among our Best Software Stocks to Buy in 2026. Recently, on July 1, John DiFucci from Guggenheim upgraded Salesforce, Inc. (NYSE:CRM) from Neutral to Buy, while maintaining a price target of $228.
The rating upgrade comes after the stock has fallen more than 35% over the past 6 months. The sell-off has been driven by fears that AI can disrupt software businesses. The ******* yst noted that the sell-off and the AI fear have gone too far. He acknowledged that the company faces some risks from AI advancements but noted that the current valuation has already priced in an overly harsh downside. The ******* yst noted that AI can pressure Salesforce, but will not kill it.
Overall, the Street has a bullish outlook on the stock as 73% of the 55 ******* ysts covering the stock maintain a Buy rating. The Street's high price target suggests more than 140% upside, while the average price target reflects more than 44% upside from the current level.
Salesforce Inc. (NYSE:CRM) is a global enterprise software company that provides customer relationship management (CRM) and cloud-based business applications across sales, service, marketing, commerce, and data ******* ytics. Its Customer 360 platform, powered by data tools and trusted AI, enables organizations to unify customer data and drive personalized engagement.
While we acknowledge the potential of CRM 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.

For those who love options trading, NextEra Energy (NEE) might very well be considered an ideal candidate. That might sound strange at first glance because of how unsexy the core business is. After all, why bother spending too much time on NEE stock when you have so many other hot names, such as semiconductor companies or AI playsz, at your disposal?
Further, the soft performance of NEE stock would seem to negate any excitement. On a year-to-date basis, shares are up 9%, which is decent but not particularly jaw-dropping. Plus, its recent print is quite shallow, losing 0.43% in the trailing five sessions. NextEra has failed to convince the Barchart Technical Opinion screener, which rates NEE as a Weak Sell.
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UnitedHealth Group (UNH) has long been one of the biggest names in the health insurance and managed care sector, wearing many hats through its insurance operations and fast-growing healthcare services arm. For years, it was the kind of stock investors could simply buy and let time do the heavy lifting. Then the tide turned. The past couple of years threw more than a few curveballs, with a sharp rise in Medicare Advantage costs and mounting pressure dragging the shares lower. Although the stock has staged an encouraging comeback in 2026, many investors are still waiting to see if this turnaround has real legs.
That's why July 16 deserves a big circle on the calendar. UnitedHealth is set to report its second-quarter earnings before the market opens, and Wall Street will be watching closely for signs that the recovery is staying on track.
Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, **** ysis, and headlines.
The company heads into the release with the wind at its back. In the first quarter, it topped Wall Street's expectations, improved its medical care ratio to 83.9%, raised its full-year earnings guidance, and expressed confidence that its efforts to simplify operations and strengthen execution are beginning to pay off.
With optimism building ahead of the earnings release, let's take a closer look at whether UNH stock still has room to run.

Alphabet Inc (NASDAQ:GOOG) shares traded about 1% lower on Thursday after the European Court of Justice (ECJ) upheld a €4.1 billion ($4.67 billion) antitrust fine against Google over its Android mobile operating system.
The ruling marks the end of Google's legal challenge against the European Commission's 2018 decision, which found the company had abused the dominant position of Android by using pre-installation agreements with smartphone manufacturers to favor its own apps and services.
In a statement, the ECJ said it had dismissed the appeal brought by Google and Alphabet, confirming the penalty as revised by the General Court.
"The Court of Justice dismisses the appeal brought by Google and Alphabet against that judgment of the General Court, thereby confirming the penalty imposed on them, as revised by the General Court, for their anticompetitive practices relating to the Android operating system," the court said.
The original fine of €4.34 billion was reduced to €4.1 billion by the EU's General Court in 2022. Thursday's ruling is final and leaves Google with no further avenue of appeal within the EU court system.

Morgan Stanley is actively recommending investors to buy traditional ****** et managers ahead of Q2 results as it views the setup as favorable. BlackRock, Inc. (NYSE:BLK) is one of the world's largest ****** et managers and also one of our Top Large Cap Stocks to Invest In At 52-Week Lows.
BlackRock, Inc. (NYSE:BLK) has declined roughly 8% over the past month, mainly due to macroeconomic volatility and shifting Federal Reserve rate expectations. However, Wall Street appears to be bullish as ****** ysts' 12-month average price target suggests more than 29% upside from the current level.
Recently, on June 26, Morgan Stanley ****** yst Michael Cyprys raised the firm's price target on the stock from $1,393 to $1,430, while maintaining an Overweight rating on the shares. The firm noted lifting its Q2 EPS forecasts by an average of 7.5% across traditional ****** et managers. The firm expects broad-based earnings beats driven by a supportive market environment and improving capital flows into the sector.
Founded in 1988 and headquartered in New York City, BlackRock, Inc. (NYSE:BLK) provides global investment, advisory, and risk management solutions. It also manages digital ****** et portfolios and is the sponsor of the Bitcoin exchange-traded fund, iShares Bitcoin Trust ETF (IBIT), allowing investors to gain exposure to Bitcoin without managing the underlying crypto directly.
While we acknowledge the potential of BLK 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.

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.
Deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates of 4% or higher. Read on for a snapshot of CD rates today and where to find the best offers.
CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to 4.5% APY.
Today, Wednesday, July 1, 2026, the highest CD rate is 4.10% APY. This rate is offered by Marcus by Goldman Sachs on its 14-month CD.
The following is a look at some of the best CD rates available today from our verified partners:

Last Updated: June. 30, 2026 at 9:23pm ET
2026년 6월 30일 오전 10:31 New York 시간
By
Krystal Hur
,

Australian AI infrastructure startup Firmus Technologies has announced a long-term partnership with Nvidia to establish a dedicated AI campus in Batam, Indonesia.
The campus will provide large-scale AI computing resources for enterprise, independent software vendor (ISV), and AI-native clients worldwide.
Under the agreement, Firmus will create a 360-megawatt (MW) Nvidia DSX AI Factory campus, set to feature up to 170,000 Nvidia AI accelerators.
The facility is scheduled to begin deploying Vera-Rubin, Grace-Blackwell, and Vera platform accelerators through 2027 and 2028, which would make it one of the largest AI infrastructure projects in the Asia-Pacific region. The collaboration is expected to run until 2034.
Firmus stated that the venture would allow global customers to access Nvidia's AI accelerated computing stack through a structure combining revenue sharing and credit support.

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.

Alkami Technology Inc (NASDAQ:ALKT) is one of the best stocks to buy according to Billionaire Barry Rosenstein. Jana Partners increased its investment in Alkami Technology Inc (NASDAQ:ALKT) by 11% during Q1 2026, as per its latest 13F filing. The stock is backed by 27 hedge funds, and **** ysts see it rising more than 45% from the current price.
everything possible/Shutterstock.com
Alkami Technology Inc (NASDAQ:ALKT) continues to look for new ways to improve its digital banking platform. On June 10, the company announced an integration with Yodlee to shift data sharing services to the Financial Data Exchange (FDX) application programming interface.
The company said that this transition would improve performance and reduce login disruptions when users are accessing third-party financial applications. The company explained that the shift supports both security and user experience.
Alkami delivers the integration as a built-in capability within its digital banking platform. The company said the FDX API integration supports credential-free but consent-based authentication for sharing financial data between institutions and third-party services.

Oracle Corporation (NYSE:ORCL) is one of the best stocks for beginners to buy now. On June 24, Oracle Health and Theator partnered to bring AI-powered surgical intelligence to US operating rooms. By ****** yzing surgical video and EHR data through Oracle Cloud Infrastructure, the platform automates operative reporting. This allows surgeons to generate accurate, structured reports instantly, replacing memory-based drafts that are ****** e to significant errors.
The technology understands surgical steps and safety milestones in real time, producing a finished report by the time a procedure ends. By reducing manual documentation, it eases the cognitive burden on surgical teams while ensuring more precise records. This enables surgeons to review and sign off on reports within their existing workflows.
Pixabay/Public Domain
For health systems, this integration streams accurate data directly into clinical and financial records. This improves billing accuracy, reduces coding gaps, and provides immediate access for quality review. Having ****** yzed over 600,000 procedures, the partnership aims to standardize surgical care and enhance system-wide safety and efficiency.
Oracle Corporation (NYSE:ORCL) provides information technology-related products and services to enterprises through its main business segments: Cloud and License, Hardware, and Services.

Getty Images (GETY) was one of the market's biggest gainers this week thanks to the company's announcement of a multi-year deal with OpenAI. According to the agreement, licensed visual content from Getty Images will be integrated into ChatGPT experiences, giving users access to visual content while generating a new revenue stream for Getty.
This news led to a revaluation of GETY stock, with shares soaring 90% in one trading session. Investors started looking at Getty not just as a media company but as a strategic content supplier for the rapidly developing AI industry. In addition, since AI companies face more and more legal threats related to training data and content, the news could add value to Getty's library of licensed content.
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By Arathy Somasekhar
HOUSTON, June 24 (Reuters) - The benchmark global oil price declined more than $3 on Wednesday to settle at its lowest level since before the start of the Iran war as supply concerns eased with more stranded oil tankers exiting the Strait of Hormuz.
Brent crude ‌futures closed $3.34, or 4.3%, lower at $73.74 a barrel, while U.S. West Texas Intermediate settled $2.87, or 3.9%, lower at $70.34 a barrel.
Brent touched a low ‌of $73.12, its weakest since February 27, the day before U.S.-Israeli strikes on Iran, while U.S. crude futures slipped below $70 a barrel for the first time since March 2.
Crude oil flows through the Strait of Hormuz are similar to what they were before the start of the Iran war, as tankers exit the key waterway with the help of military escorts, U.S. Energy Secretary Chris Wright said.

NICE Systems Ltd (NASDAQ:NICE) is one of the 15 AI Stocks **** ysts Are Watching: Microsoft, Nvidia, and More.
On June 18, DA Davidson **** yst Clark Wright upgraded NICE Systems Ltd (NASDAQ:NICE) to Buy from Neutral on Thursday, maintaining its price target of $110. The firm believes that investor concerns related to AI disruptions in the contact center industry may be overstated.
DA Davidson said in the investor note that it has upgraded NICE shares to buy following conversations with customers at the company's annual user event. The discussions revealed how the actual impact of AI in contact center appears less disruptive than investors fear.
Pixabay/Public Domain
The firm's upgrade is also a reflection of potential value from possible sale of Actimize, its specialized business unit and subsidiary, monetization of AI feature usage, and discounted valuation. Overall, the firm believes that the stock's overall valuation is favorable even though concerns exist regarding AI.

Last Updated: June. 23, 2026 at 9:32pm ET
Updated 2026년 6월 23일 오후 4:23 New York 시간
By
WSJ Staff
↘️ Samsung Electronics (KR:005930): The memory-chip giant tumbled 12% as the technology selloff hit Asia. Its South Korean rival SK Hynix fell 12%, while ******* an’s SoftBank Group slid 10% in Tokyo.

It's always surprising when a long-standing stock in a traditional industry soars in price. Several years ago, few investors or ******* ysts would have expected that heavy machinery and vehicle specialist Caterpillar (NYSE: CAT) would be such a ******* le. Yet over the past year, the company's shares have nearly tripled in price, rising far more steeply than the S&P 500 index's 25%.
Talk about a sleeper stock! Let's spend a few moments discussing what's made "the Cat" so popular with the market.
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 »
The main secret to Caterpillar's recent success can be summarized in two words: artificial intelligence (AI). Despite its rather dowdy public reputation (among those who know the company at all), Caterpillar is at the forefront of the revolution, bringing today's heavily in-demand technology to our computer screens and mobile devices.
This is because one of Caterpillar's main business units is its power and energy division. Within this, its reciprocating engines and the generator sets (gensets) that accompany them are go-to solutions for advanced data centers housing AI infrastructure.