Intel chip sales expected to break record ; Maker of Pentium chips sees stocks surge 5 percent
According to recent analyst estimates, StoneCo’sEPS is projected to grow from $1.20 in 2024 to $2.60 by 2027. Revenue and operating profits are both expected to recover and keep growing, and I think the stock should, too. Click to Enlarge Source: Chart courtesy ofGuruFocus.com As UBSrecen...
Israel has strengthened its air defences in anticipation that the expected retaliation from Iran and its allies for the assassinations of two senior militant leaders will take the form of an airborne attack. Tehran and its regional proxies, notably the Lebanon-based militant movement Hizbollah, have...
Short-term US Treasury yields moved slightly higher while longer term yields were stable on Thursday. The preliminary reading for the S&P Global US Services PMI in March fell to 51.7 vs. the prior 52.3 and expected 52.0 reading. The Manufacturing PMI rose to 52.5 vs. the prior 52.2 reading ...
In the world of cryptocurrencies, Bitcoin (CRYPTO:BTC) experienced a slight decline of about 1%, just ahead of the eagerly anticipated SEC decision regarding the approval of a spot Bitcoin ETF, expected to be announced on Wednesday. Tuesday's Performance In US Major Indices, ETF...
than expected – ditto for construction spending – people are now surmising, ‘Hey, maybe the Fed won’t be as aggressive,’” he told CNBC. “As a result, we’re seeing yields come down, we’re seeing the dollar weaken. Those factors are contributing to the move we’re seeing today...
Power demand is expected to surge. Play it for the long term with these dividend-paying stocks, Wells Fargo says NEXT PRO TALK 2 Days Remaining CNBC Pro Talks: After the Fed cuts rates, one fund manager will reveal where to invest right now...
“Unfortunately, we need to announce a Force Majeure situation that is affecting our pulp supply chain operations,” the firm said in a statement to customers. “For Metsä Fibre, the strike is affecting our supply chain and, therefore, expected to unfortunately cause a delay in our pulp del...
(CAG) shares lost 4.0%, receding from a 52-week high posted in the previous session. The company recently added to its strong snack portfolio by acquiring Sweetwood Smoke & Co., the maker of Fatty Smoked Meat Sticks. However, the packaged food company issuedlower-than-expected guidancewhen ...
Micron CEO Sanjay Mehrotra said Wednesday the company's fiscal fourth-quarter sales nearly doubled from a year ago to $7.75 billion, driven by "robust AI demand." Mehrotra also said the company's sales are expected to continue growing, projecting current-quarter revenue could reach a record hi...