Enviri Corporation (NYSE:NVRI) Shares rose on Friday after the company signed a definitive deal to sell its Clean Earth business to a French company Veolia Environnement SA for $3.04 billion in cash. Details As part of the transaction, Enviri shareholders are expected to receive between $14.50 and $16.50 per share. The shareholders retain full ownership […]
A congressman who likes to buy shares of Magnificent Seven has repurchased some of the same shares, but this time forgoing two frequent purchases. Here’s a look at the recent transactions. Cleo Fields bets on beautiful seven stocks Congressman Cleo Fields (D-La.) has a history of buying Magnificent Seven stock with documents showing millions of […]
The US Secretary of Defense Piet Hegseth warned major defense contractors, among others, on Friday Lockheed Martin Corp. (NYSE:LMT), RTX Corp. (NYSE:RTX), Northrop Grumman Corp. (NYSE:NOC), Boeing Co. (NYSE:BA) and General Dynamics Corp. (NYSE:GD), that they must accelerate the development and production of weapons or they risk becoming obsolete. New ‘Deal Team’ to Reshape Pentagon […]
Risk sentiment dominated Wall Street on Friday, with selling pressure mounting in AI-linked names and pushing tech stocks toward their worst week since April. By noon in New York, the Nasdaq100 fell 1.9%, pushing weekly losses to almost 5%, while the S&P500 fell 1.2%, down about 3% over the week. Investors’ concerns about the labor […]
Loews Corporation (NYSE:L) shares are trading higher Monday after the company reported third-quarter 2025 results. Details The company reported net income of $504 million, or $2.43 per share, compared to $401 million, or $1.82 per share, in the same period last year. Total revenue rose to $4.67 billion from $4.47 billion in the same quarter […]
The market’s reaction to early corporate earnings this quarter was unusual, revealing an interesting disconnect between financial performance and investor reaction. Traditionally, when companies exceed earnings per share expectations, their stock prices tend to rise. Yet this earnings cycle tells a different story. Read next: Latest Beyond Meat short-seller? Martin Shkreli, of course Companies that […]
Nokia Corporation (NYSE:NOK) shares rose about 10% on both the US (NYSE) and Helsinki (HEL) stock exchanges, following an earnings beat in the third quarter of fiscal 2025. Details The company reported net sales growth of 12% year-on-year (Y/Y) to 4.82 billion euros ($5.65 billion), surpassing analysts’ consensus estimate. by $5.38 billion. The growth was […]
President Donald Trump‘China’s government is likely to take stakes in more companies as a result of China’s latest rare earth export restrictions,’ says finance minister Scott Bessant said Wednesday. Bersent told CNBC said it “wouldn’t be surprised” if the US bought shares in other companies, but only in strategic sectors. “When we get an announcement […]
Broadcom Inc. (NASDAQ:AVGO) has unveiled the world’s first Wi-Fi 8 silicon ecosystem, marking a quantum leap in wireless technology designed to power the AI-powered edge. The solution is built to meet the performance and efficiency needs of AI-driven networks. Broadcom’s Wi-Fi 8 silicon marks a major step forward in delivering reliable, fast, low-latency connectivity. Using […]
Tesla Inc (NASDAQ:TSLA) reported strong third-quarter deliveries that exceeded analyst expectations, but a new report shows demand for one of its electric vehicles has fallen significantly. • TSLA shares are rising with conviction. Follow the action here. What happened: Tesla is seeing an uptick in demand in many parts of the world, including China, and […]