This week, International Business Machines Corporation (NYSE:IBM) shares took a hit following the news surrounding its preliminary second-quarter results, which fell short of expectations. This disappointing performance was attributed to a shift in client capital spending and execution issues, marking…
Delta Air Lines Inc. (NYSE:DAL) doesn’t have an earnings problem. It has an expectations problem. Shares have surged more than 60% since March and remain just a few percentage points below their recent highs, even as Wall Street expects second-quarter…
Shell PLC (NYSE:SHEL) stock rose Tuesday after the company raised gas production outlook for the second quarter. Raises Production Outlook Shell now expects Integrated Gas production of 610,000 to 650,000 barrels of oil equivalent per day, up from its previous guidance…
The boom-and-bust cycle that defined clean energy investing through much of the 2020s has matured. Rather than trading at a speculative premium, the sector is approaching a structural valuation floor. It is a healthier, less volatile phase with a demand…
Robinhood Markets Inc. (NASDAQ:HOOD) stock is trading higher on Thursday, following a wave of major product announcements at its “The World is Flat” summer crypto event in London and a positive analyst update. Robinhood Chain Mainnet Launch The primary catalyst…
Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) stock climbed nearly 4% in Thursday’s premarket session after Micron Technology Inc.’s (NASDAQ:MU) stronger-than-expected earnings and upbeat guidance reinforced optimism that AI infrastructure spending remains robust. The broader market also supported sentiment, with S&P 500…
Micron Technology Inc. (NASDAQ:MU) stock is trading higher on Wednesday, as investors position themselves ahead of the semiconductor company’s fiscal third-quarter earnings report scheduled after the market close. According to Benzinga Pro estimates, options markets are bracing for a high-volatility…
While everyone is fixated on the AI rally driven by mega-cap semiconductor and memory stocks, a far smaller cohort of names has delivered comparable, if not better, performance in June. According to Benzinga Pro movers data, here are the five…
Crude began unwinding months of conflict premium after the Trump administration claimed that the Strait of Hormuz has reopened as part of an agreement reached with Iran on Sunday. Yet three corners of the market that the war hammered have…
Advanced Micro Devices, Inc. (NASDAQ:AMD) stock rose more than 2% in Thursday’s premarket session as semiconductor stocks advanced alongside stronger equity futures and renewed optimism around artificial intelligence infrastructure spending. The move comes after Bank of America Securities (BofA) analyst…