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Enbridge Gas Faces Union Backlash Over Toronto Shift Cuts
Enbridge Inc.'s (NYSE: ENB) gas unit is under scrutiny following claims from Canadian labor union Unifor that the company plans to cut its emergency response shifts in Toronto, aiming to reduce costs.
Northrop Wins $119M Contract to Aid E-2 Hawkeye Jet Program
Northrop Grumman Corp.'s (NYSE: NOC), business unit, Northrop Grumman Systems Corp., recently secured a contract involving its E-2 Hawkeye aircraft. The award has been provided by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA.
Reasons to Retain Intuitive Surgical in Your Portfolio
Intuitive Surgical, Inc. (NASDAQ: ISRG) is well-poised for growth in the coming quarters, courtesy of its strength in robotics. The optimism, led by solid results in the last few quarters and its progress on the Artificial Intelligence front, is expected to contribute further.
Strong Jobs Report Diminishes Fed Rate-Cut Hopes: 5 Winners
A vibrant labor market dashed expectations of an interest rate cut soon. May's startling uptick in the pace of job additions and wages increased the belief that the Federal Reserve will hold rates at record highs through this summer and maybe beyond.
TechnipFMC, Sulzer Team Up on CO2 Pumps for Petrobras
TechnipFMC plc (NYSE: FTI), a leading subsea equipment and services provider, joined forces with Sulzer Flow Equipment to develop innovative subsea carbon dioxide (CO2) pump solutions.
5 Growth Stocks to Buy for Steady Returns in June
Wall Street's popular adages are not matching this year. April is historically known for being favorable to investors. But this year, April ended on a disappointing note. For May, the popular adage is "Sell and Go Away." However, last month turned out highly successful for U.S. stock markets.
Top 5 Business Services Stocks to Strengthen Your Portfolio
The U.S. Business Services space has been benefiting from the strong fundamentals of the economy. Despite facing a record-high interest rate, a sticky inflation rate and extremely tight monetary control by the Fed, this sector has provided double-digit returns year to date.
Time to Play 5 Top-Ranked Stocks With Rising P/E?
Wall Street has been hovering around a record high level, which can trigger overvaluation concerns in some investors' minds. This is because investors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio.
GameStop's Dismal Results Fail To Show Signs Of A Turnaround
On Friday, GameStop Corporation (NYSE: GME) failed to show signs of an operational turnaround as it delivered its fiscal first quarter results earlier than expected, previously saying they will be issued on June 11thafter market close.
GameStop Goes Parabolic--We Were Bullish Under $20, But We Are Bearish Over $60. Here's How We're Betting Against it.
GameStop Goes Parabolic
Far Right Surges In Europe, Adding To Geopolitical Risk
To gain an edge, this is what you need to know today.
Market Clubhouse Morning Memo - June 10th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Commodities And The Boom-Bust Cycle
By Lance Roberts It is always interesting when commodity prices rise. The market produces various narratives to suggest why prices will keep growing indefinitely. Such applies to all commodities, from oil to orange juice or cocoa beans. For example, Michael Hartnett of BofA recently noted:
The Simplest Explanation Isn't Always The Correct Or Complete One
When it comes to understanding new developments in the economy or the markets, the obvious and simplest explanations aren’t always the correct or complete ones.
NVIDIA's Strategic Stock Split Makes Investing More Affordable After A 213% Surge, Eyeing A $10 Billion AI Revenue Boom
Nvidia's recent announcement of a 10-for-1 stock split will reduce its stock price to approximately $120 per share. The stock split has made Nvidia's shares more accessible to a broader range of investors. Nvidia has recently become a $3 trillion company.
Euro Falls To Four-Week Low: Politicians To Blame
By RoboForex Analytical Department
Andersons Signs Letter of Intent to Buy Skyland Interest
The Andersons, Inc. (NASDAQ: ANDE) announced that it signed a non-binding letter of intent with Skyland Grain, LLC to purchase an ownership interest in Skyland.
Are Business Services Stocks Lagging Byrna Technologies This Year?
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Byrna Technologies Inc. (NASDAQ: BYRN) been one of those stocks this year?
Virco Manufacturing Corporation Beats Q1 Earnings and Revenue Estimates
Virco Manufacturing Corporation (NASDAQ: VIRC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.13 per share. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.
Are Computer and Technology Stocks Lagging Silicon Motion Technology This Year?
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Silicon Motion (NASDAQ: SIMO) been one of those stocks this year?
Is AZZ Stock Outpacing Its Industrial Products Peers This Year?
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has AZZ (NYSE: AZZ) been one of those stocks this year?
The J.M. Smucker Up on Q4 Earnings Beat, Higher Volumes
The J. M. Smucker Company (NYSE: SJM) posted fourth-quarter fiscal 2024 results, wherein the bottom line increased year over year and beat the Zacks Consensus Estimate.
6 Regional Banks' Ratings on Review for Downgrade by Moody's
Commercial real estate ("CRE") continues to be an area of concern amid the high-interest-rate environment.