Micron Technology Inc. (NASDAQ:MU) reported better-than-expected earnings for the first quarter of fiscal 2026 and issued a strong outlook for the second quarter on Wednesday. Micron reported first-quarter revenue of $13.64 billion, topping analyst estimates of $12.83 billion, according to…
Wall Street spent 2025 chasing AI narratives. JPMorgan thinks 2026 will reward something far more practical: cybersecurity. While generative AI wrestles with monetization, security budgets remain locked in, positioning Palo Alto Networks Inc (NASDAQ:PANW) and Zscaler Inc (NASDAQ:ZS) as standout…
FedEx Corporation (NYSE:FDX) will release earnings results for its second quarter after the closing bell on Thursday. Analysts expect the company to report quarterly earnings at $4.10 per share, up from $4.05 per share in the year-ago period. The consensus…
AbbVie Inc. (NYSE:ABBV) and several other drugmakers are reportedly expected to announce agreements with the U.S. government on Friday to cut select prescription drug prices and comply with additional policy demands from President Donald Trump. Reuters on Tuesday highlighted that…
Darden Restaurants, Inc. (NYSE:DRI) stock rose Thursday after the company posted solid second-quarter sales growth and reaffirmed full-year earnings guidance. The company reported second-quarter adjusted earnings per share of $2.08, missing the analyst consensus estimate of $2.10. Metrics Quarterly sales…
U.S. stocks were higher, with the Dow Jones index gaining more than 300 points on Thursday. Shares of FuelCell Energy Inc (NASDAQ:FCEL) rose sharply during Thursday's session after the company reported better-than-expected quarterly financial results. Revenue rose 12% year over…
NIKE, Inc (NYSE:NKE) will release earnings results for its second quarter after the closing bell on Thursday, Dec. 18. Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 38 cents per share, down from 78 cents per share…
Activist investor Irenic Capital Management has reportedly taken a more than 3% stake in Integer Holdings Corporation (NYSE:ITGR). It is pressing the medical-device outsourcing company to refresh its board and evaluate strategic alternatives, including a potential sale. Irenic, now among…
Deep-pocketed investors have adopted a bullish approach towards Alibaba Gr Hldgs (NYSE:BABA), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but…
Financial giants have made a conspicuous bullish move on Micron Technology. Our analysis of options history for Micron Technology (NASDAQ:MU) revealed 152 unusual trades. Delving into the details, we found 49% of traders were bullish, while 29% showed bearish tendencies.…