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Energy Transfer Isn't Done Making Deals

2 years 5 months ago
Acquisitions are supplying Energy Transfer (NYSE: ET) with lots of fuel this year. The master limited partnership (MLP) closed two sizable deals last year, while its affiliate, Sunoco (NYSE: SUN), recently made a needle-moving acquisition. This trio of deals has the company on tr

Could ARM Holdings Dethrone Nvidia?

2 years 5 months ago
Nvidia (NASDAQ: NVDA) has been one of the best companies to be invested in over the past year. It has shot up like a rocket on the back of massive graphics processing unit (GPU) demand driven by the artificial intelligence (AI) arms race. GPUs are great for AI workloads because t

Affirm: Buy, Sell, or Hold?

2 years 5 months ago
Buy Now, Pay Later company Affirm (NASDAQ: AFRM) is one of the more hotly debated stocks on Wall Street. How can investors trust a business seemingly losing money while competing in a new and growing (but crowded) industry?

Validea John Neff Strategy Daily Upgrade Report - 5/21/2024

2 years 5 months ago
The following are today's upgrades for Validea's Low PE Investor model based on the published strategy of John Neff. This strategy looks for firms with persistent earnings growth that trade at a discount relative to their earnings growth and dividend yield.WESTERN ALLIANCE BANCOR

Asian Markets Trade Mostly Lower

2 years 5 months ago
(RTTNews) - Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid lingering uncertainty about the outlook for interest rates, with some US Fed officials warning the central bank may still need to raise rates if inflatio

Telstra To Cut Up To 2,800 Jobs

2 years 5 months ago
(RTTNews) - Telstra Corp. Ltd. (TLSYY.PK, TLS.AX, TLS) announced plans to streamline its operations and cut costs, aiming to reduce its direct workforce by up to 2,800 jobs by the end of this year.

Japanese Market Slightly Higher

2 years 5 months ago
(RTTNews) - Adding the gains in the previous session, the Japanese stock market is slightly higher on Tuesday, with the Nikkei 225 moving above the 39,100 level, following the mixed cues from Wall Street overnight, with gains in some Index heavyweights and technology stocks.

Sensex, Nifty Seen Higher At Open

2 years 5 months ago
(RTTNews) - Indian shares are seen opening flat to higher on Tuesday despite mixed global cues, elevated geopolitical tensions and lingering uncertainty over the timing and pace of Fed rate cuts.

Thai Stock Market Called Higher On Tuesday

2 years 5 months ago
(RTTNews) - The Thai stock market on Monday ended the two-day winning streak in which it had picked up more than a dozen points or 0.9 percent. The Stock Exchange of Thailand now sits just beneath the 1,380-point plateau although it's expected to open to the upside on Tuesday.

Sonic Healthcare Cuts FY24 EBITDA Outlook

2 years 5 months ago
(RTTNews) - Sonic Healthcare Limited (SHL.AX, SKHCF.PK), an Australian provider of laboratory, pathology, and radiology services, said it expects Earnings Before Interest, Tax, Depreciation and Amortisation or EBITDA of about A$1.6 billion on revenues of about A$8.9 billion for f

Forward Air Appoints Jamie Pierson As Interim CFO

2 years 5 months ago
(RTTNews) - Forward Air Corp. (FWRD) said it appointed Jamie Pierson as interim Chief Financial Officer effective immediately. Pierson succeeds Rebecca Garbrick, who is departing the Company. Garbrick will remain with the Company to assist with the transition.

Indonesia Shares May Reverse Monday's Losses

2 years 5 months ago
(RTTNews) - The Indonesia stock market on Monday snapped the three-day winning streak in which it had jumped more than 230 points or 3.3 percent. The Jakarta Composite Index now sits just beneath the 7,270-point plateau although it's expected to rebound on Tuesday. The global f

Australian Market Modestly Lower

2 years 5 months ago
(RTTNews) - The Australian stock market is modestly lower on Tuesday after opening in the green, giving up some of the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,900 level, with weakness in
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