Articles

Apollo Global Management to acquire gaming companies IGT and Everi in $6.3 billion deal

Apollo to buy both companies after they had agreed to a merger deal in February.

Consumer sentiment stuck at 8-month low on inflation angst

Consumer sentiment index way below prepandemic high

Nvidia among chip stocks clawing back. What investors should watch for.

Semiconductor stocks have been under pressure in recent weeks, but prominent names are snapping back on Friday.

Hedge funds held onto tech stocks during Wednesday market slide, Goldman says

Hedge funds largely held onto their tech stocks in the face of the major sell off on Wednesday, according to analysis from Goldman Sachs’ prime brokerage division

AMD is likely to boost its AI revenue outlook. Can that help its sagging stock?

AMD’s AI story “will still probably be all that matters to investors” when the company posts earnings on Tuesday, according a Bernstein analyst.

Newell’s stock soars after earnings again, as turnaround efforts take shape

Shares of Newell Brands, the parent company of Contigo, Graco and other household products, powered higher in early Friday trading after the company beat second-quarter profit expectations and raised the full-year outlook, as sales and gross margin continued to improve.

AMC’s summer box office set to ‘rebound notably’ says Wedbush

AMC Entertainment Holdings Inc. is set to benefit from an improved summer box office, according to analyst firm Wedbush.

Ugg and Hoka parent is in a more lopsided battle with the footwear industry than Kendrick vs. Drake

Wedbush analysts weigh in on a strong quarter with some colorful comments.

SEC accuses activist investor Andrew Left and Citron of making $20 million by misleading investors

SEC charges firm with selling stocks after allegedly recommending readers to buy them.

Oil prices remain lower amid Gaza ceasefire hopes as investors prepare for PCE data

Oil prices were little changed early Friday morning, weighed down by expectations of a Gaza hostage and ceasefire deal that could move forward after U.S. President Joe Biden and Israeli Prime Minister Benjamin Netanyahu met earlier this week, easing Middle East tensions.

3M’s stock surges toward a 20-month high after earnings beat, raised outlook

3M’s stock charged toward an 20-month high in early trading Friday, after the maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook.

Colgate-Palmolive’s stock boosted by earnings beat as company backs guidance

Chief Executive says all operating divisions achieved volume growth in latest quarter.
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