Articles

Super Micro adds to its résumé, but this bear still has concerns about its stock

The server maker is set to join the Nasdaq-100 index on July 22.

New York Empire State factory gauge contracts for eighth straight month in July

Index falls slightly to negative 6.6, slightly below forecast

Nvidia’s stock gains as an analyst throws cold water on this bearish concern

While some are worried that cloud customers and others could pause to digest Nvidia purchases, TD Cowen finds “quite the opposite” trend.

AutoNation issues profit warning after disruptions from CDK cyberattack

AutoNation said Monday that it expects the recent cyberattack at dealership software company CDK Global to shave about $1.50 off its June quarter per-share earnings.

SolarEdge to cut 400 jobs, or about 7% of its workfoce

Company cites weak market conditions in Europe.

Tesla’s stock jumps again, and it isn’t about EV sales

Tesla’s stock was surging Monday, and has nearly fully retraced last week’s selloff that followed reports of a delay for the EV giant’s Robotaxi event.

Goldman Sachs profit more than doubles on big jump in dealmaking

Bank OK’s 9% boost to quarterly dividend to $3.00 per common share starting in the third quarter of this year.

Do we have a retirement crisis?

The label doesn’t really matter, but we do know that about half of households are not doing so well

Apple’s sales increase by a third in India to $8 billion: report

Apple’s sales have reportedly surged to around $8 billion in the year ending in March compared to $6 billion a year earlier.

Cleveland Cliffs stock down 6% after steel producer says it’s buying Canada’s Stelco in $2.5 billion cash-and-stock deal

Stelco ships about 2.6 million net tons of flat-rolled steel annually, primarily hot-rolled steel to service center customers.

Oil prices steady after weak China data

Oil futures were up slightly Monday, holding their ground after weaker-than-expected China data underlined concerns about crude demand.

‘The S&P 500 is an accident waiting to happen’ — but it could be a long wait

The AI-driven bull market may be starting to tire, but it’s too early to be bearish.
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