The takeover of United States Steel by Japan’s Nippon Steel is in limbo following opposition from both Republicans and Democrats. U.S. Steel’s history stretches back to the 19th century and includes names such as Andrew Carnegie and J.P. Morgan. U.S. Steel is now just the world’s 27th-largest steel company based on steel output, after falling from 12th largest a decade ago.
Corning (GLW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Here's what could happen next to Nvidia's shares
AT&T Inc. (NYSE:T) has long been a favorite among income-seeking investors due to its attractive dividend yield. For those looking to generate passive income from their investments, AT&T’s quarterly dividend of $0.2775 per share and 6.63% yield make ...
Starbucks' decaf-like start to the year continues into the second quarter.
Intel is making huge strategic changes that investors need to know about.
There aren't many businesses that are higher quality than this one.
(Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by a shortage of some crucial components and questions over the profitability of a new line of servers. Shares of Super Micro, which have more than tripled in value so far this year, were down 14% in trading after the bell. The San Jose, California-based company, which builds powerful AI servers with chips from Nvidia, Advanced Micro Devices and others, forecast fourth-quarter revenue above estimates as it expects steady demand.
Chipotle's growth has been driven by adding more restaurants and growing sales per restaurant, but there's a company growing even faster.
3M’s quarterly earnings topped Wall Street estimates—a positive—but what the company said about its dividend should get most of the attention. Results included numbers for the recently spun off 3M healthcare business, Solventum That spin was completed on April 1. “We’re resetting the dividend post-spin,” 3M CEO Mike Roman told Barron’s. The company will target about 40% of its free cash flow as annual dividends.
The aggressive growth investor added to these three existing positions on Monday.