Widely followed Wall Street analyst Toni Sacconaghi put out a new report on Apple (NASDAQ: AAPL) on Monday. The Bernstein analyst had recommended investors just hold shares in the iPhone maker. Now, ahead of its quarterly earnings report expected later this week, Sacconaghi says
Chevron's (NYSE: CVX) share price has underperformed oil prices and other energy stocks over the past few months. A big factor driving that relative underperformance is the uncertainty surrounding its massive acquisition of Hess (NYSE: HES). That's after rival ExxonMobil (NYSE: X
Artificial intelligence (AI) could be one of the most valuable opportunities in history for investors, and the semiconductor industry is at the heart of it. Nvidia (NASDAQ: NVDA) CEO Jensen Huang believes there is a whopping $1 trillion worth of existing data center infrastructur
It's easy to get swept up in the hype surrounding artificial intelligence (AI). Some of the predictions experts are making won't come true. On the other hand, they could be underestimating the changes AI could bring in some ways. That's how it's always been in the early days of a
Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) core business looks stronger than ever and is trading for a reasonable multiple for investors. But there's a lot of growth ahead for growth businesses like Google Cloud and Waymo, which Travis Hoium covers in this video.
(RTTNews) - The board of Touchstone Exploration Inc. and Trinity Exploration & Production Plc have reached agreement on the terms of a recommended all share offer pursuant to which Touchstone will acquire the entire issued and to be issued ordinary share capital of Trinity. Trini
For the most part, companies that consistently raise their dividends tend to do so at modest, if not incremental, rates. By contrast Costco (NASDAQ: COST) has enjoyed blasting its payout well higher, as its recent annual raises have tended to hover around the mid-teen percentages
The semiconductor industry has received a big boost from the growing demand for artificial intelligence (AI) applications. That's not surprising, as training AI models in data centers wouldn't be possible without the processing power of semiconductors, which explains why companie
(RTTNews) - GSK (GSK.L, GSK) reported first quarter profit before tax of 1.35 billion pounds, a decline of 29% at AER, or a decline of 18% at CER. Earnings per share was 25.7 pence, down 30% at AER, or a decline of 19% at CER. Core operating profit was 2.44 billion pounds, up 17%
(RTTNews) - Smith+Nephew Plc (SN.L, SNN), on Wednesday, issued a trading update for the first quarter and reported revenue growth of 2.9% on an underlying basis.
(RTTNews) - Asian stock markets are mostly lower in thin holiday trading on Wednesday, following the broadly negative cues from global markets overnight, as most of the markets are closed for a labor day holiday. Treasury yields jumped on stronger-than-expected US wage data. Trad
(RTTNews) - Australian supermarket chain Woolworths Group Ltd. (WOW.AX) said it agreed to sell 5.0% of the issued capital of Endeavour Group via a block trade at a price of A$5.22 per share, generating proceeds of A$468 million.
(RTTNews) - Qantas Airways has initiated an investigation following reports from passengers regarding a glitch in the airline's app on Wednesday morning. This glitch enabled travelers to access the boarding passes and personal information of others, the Australian airline said in
(RTTNews) - The Japanese stock market is significantly lower on Wednesday, giving up some of the gains in the previous two sessions, following the broadly negative cues from global markets overnight. The Nikkei 225 is falling to stay a tad above the 38,100 level, with losses acro
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