font size The new iPhone 15 series is expected to be launched in September. AFP via Getty Images apple Stocks usually do well before a new iPhone is released and this year will be no different, according to a bull. Atif Malik, an analyst at Citi, maintained a Buy rating [...]
font size Superior Nvidia Grace CPU chip. Marlena Sloss/Bloomberg New Street Research says Wall Street analysts continue to underestimate the AI-related revenue prospects of three technology companies. “In the past few months, expectations regarding the deployment of data center AI infrastructure in 2024 have almost doubled,” analyst Pierre Virago wrote [...]
font size Home Depot reported second-quarter earnings that beat analyst estimates. Justin Sullivan/Getty Images Stock futures pointed lower on Tuesday as an increase in bond yields and growing concerns about the Chinese economy weighed on investor sentiment. Wall Street ended the previous session with gains, led by the best day [...]
font size Hawaii Electric stock was falling on Monday. Patrick T Fallon/AFP via Getty Images Hawaii Electric Industries It fell 41% on Monday as wildfires in Maui weighed on the company’s stock. Wells Fargo maintained the Underweight rating on Hawaiian Electric (stock ticker: HE) stock in a report, and cut [...]
font size Foxconn is known for assembling iPhones and is a major supplier to Apple. AFP via Getty Images Foxconn And which makes apple iPhones posted a decline in profits in the second quarter, but managed to beat expectations. Foxconn (Ticker: 2317.Taiwan), formally known as Hon Hai Precision Industry, said [...]
While most of NextEra’s renewable generation capacity runs on wind energy, much of the current 20 gigawatts of accumulated capacity is in solar energy storage and energy storage. Above, the company’s Sunshine Gateway Solar Center in Welburn, Florida. Kurt Rivers/NextEra Energy font size Wall Street was fascinated by the growth [...]
font size Brandon Bell/Getty Images shares AMC Entertainment It was sinking in late trading on Friday after Bloomberg mentioned The company has received approval to proceed with the planned conversion from AMC Preferred Equity, or APE, units into common shares. AMC stock (stock ticker: AMC) fell 27% to $3.83. APE [...]
