Legrand Profit Falls After Construction Sector Slowdown
Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.
Data center services are witnessing outsized demand as the AI revolution unfolds.
It appears GameStop meme investors got suckered — again. Investors who jumped into the latest online frenzy over shares of the struggling video game retailer lost $13.1 billion in just three days from the mania's high, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge. It's been a costly lesson for investors, some of which may have lost billions the last time on GameStop and other highly shorted stocks touted on social media.
Recently, Zacks.com users have been paying close attention to Super Micro (SMCI). This makes it worthwhile to examine what the stock has in store.
Consumer prices climbed 3.4% year-on-year in April.
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthEbrahim Raisi, Iranian President Confronting West, Dies at 63One of the Last Big Bears on Wall Street Turns Bullish on US StocksT
Nvidia's last stock split occurred amid similar circumstances.
Prominent billionaire investors shockingly sent two premier income stocks to the chopping block in the March-ended quarter, while piling into a monthly dividend payer with a nearly 15% yield.
(Bloomberg) -- For Filicia Porter, the insurance bills were the final straw. They’d been climbing steeply for her assisted-living business as Florida was battered with ever more-powerful storms, and eventually, the numbers stopped adding up.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthEbrahim Raisi, Iranian President Confronting West, Die
Buffett's mystery stock is finally revealed.
GigaCloud , Great Lakes Dredge & Dock, Strategic Education and Teekay Tankers have been highlighted in this Screen of The Week article.