News
Industrial and Transportation Stocks Struggle as Boeing Faces Quality Issue
Shares of industrial and transportation stocks decline as Boeing faces quality issue with its aircraft. Durable goods orders show growth despite turbulence. Justice Department sues SpaceX for discrimination against refugees.
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Affirm Holdings Reports Strong Fourth Quarter Results
Affirm Holdings reports strong Q4 results with a 22% revenue increase, leading to a surge in stock price. CEO expresses confidence in facing future challenges.
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Marvell Technology Exceeds Q2 Earnings Expectations
Marvell Technology exceeds earnings expectations in Q2, with adjusted EPS of 33 cents and revenue of $1.34 billion. The company projects a potential revenue range of $1.4 billion for the current quarter, driven by AI and cloud infrastructure growth.
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Discrimination Lawsuit Filed Against SpaceX by U.S. Department of Justice
The U.S. Department of Justice has filed a discrimination lawsuit against SpaceX, claiming that the company unlawfully excluded asylees and refugees from job opportunities. SpaceX cited export control laws as the reason for its hiring practices, but the Department of Justice argues that this does not justify discriminatory actions.
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Survey Shows Declining Interest in Alcohol Among Young Adults
A survey reveals a decline in alcohol consumption among young adults, potentially due to the increasing use of marijuana and health worries. The data also highlights the shifting demographics and a decline in craft beer sales.
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Splunk's Impressive Q2 Earnings Overshadowed by Nvidia's Blowout Results
Splunk's Q2 earnings are overshadowed by Nvidia's remarkable success. However, analysts expect Splunk's positive momentum to continue and have assigned an Outperform rating to the company's stock.
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Nvidia: AI Boom Powers Growth, Allaying Supply and Demand Concerns
Nvidia's shares surge on impressive earnings and outlook, easing supply concerns and validating AI boom growth. Nvidia remains market favorite for AI technology.
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ThomasLloyd Energy Impact Trust Faces Uncertain Future
Renewable energy investment trust ThomasLloyd Energy Impact Trust faces uncertainty as shareholders vote against continuation. A comprehensive review of the company's future is now underway, including soliciting proposals for a potential relaunch.
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Bonds: A More Attractive Option
Bonds are proving to be attractive to investors in today's uncertain market. This article discusses the benefits of investing in bonds and using options strategies to enhance yields while managing risk.
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Snowflake Inc. Prepares for Second-Quarter Results
Software customers have been optimizing spending, and Snowflake Inc. prepares for its fiscal second-quarter results with excitement around the possibilities of a solid upside.
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