
Articles
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3 days ago |
investopedia.com | Bill McColl
Key Takeaways U.S. equities were mostly higher at midday as a ceasefire between Israel and Iran appeared to be holding. The S&P 500 and Nasdaq rose, but the Dow Jones Industrial Average dropped. Nvidia ( NVDA) shares were on pace to close at a record high when Loop Capital boosted its price target and said artificial intelligence (AI) demand could send the chipmaker's market capitalization up to $6 trillion. An upgrade from JPMorgan boosted shares of Yum! Brands ( YUM).
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3 days ago |
investopedia.com | Bill McColl
Key Takeaways Paychex ( PAYX) was the worst-performing stock in the S&P 500 Wednesday after the payroll and human resources services provider missed sales estimates as most of its gains came from its acquisition of human capital management software maker Paycor. Paychex reported fiscal 2025 fourth-quarter revenue rose 10% year-over-year to $1.43 billion, while analysts surveyed by Visible Alpha were looking for $1.44 billion.
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3 days ago |
investopedia.com | Bill McColl
Key Takeaways Winnebago Industries ( WGO) shares declined Wednesday as the recreational vehicle (RV) maker's quarterly profit and sales fell and it reduced its guidance on continued weakness in demand because of economic conditions. The company behind its namesake RVs and Chris-Craft boats reported fiscal 2025 third-quarter adjusted earnings per share (EPS) of $0.81, down from $1.10 a year ago, and revenue slipped 1.4% year-over-year to $775.1 million.
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3 days ago |
investopedia.com | Bill McColl
Key Takeaways BlackBerry Ltd. ( BB) shares took off Wednesday, a day after the security software provider posted better-than-anticipated results and raised its guidance following strong demand for its QNX automotive software. The Canadian firm posted fiscal 2026 first-quarter adjusted earnings per share (EPS) of $0.02, while analysts surveyed by Visible Alpha were expecting $0.00. Although revenue fell 1.4% year-over-year to $121.7 million, that still beat forecasts.
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4 days ago |
investopedia.com | Bill McColl
Key Takeaways U.S. equities were higher at midday as Middle East tensions eased and oil futures continued to slide. The Nasdaq jumped 1.4%, and the Dow Jones Industrial Average and S&P 500 were up about 1%. Carnival Corporation ( CCL), Norwegian Cruise Line Holdings ( NCLH), and Royal Caribbean Group ( RCL) were among the best-performing stocks in the S&P 500 after Carnival beat profit and sales estimates and raised its outlook as it added passengers and cut expenses.
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