Key Points Paramount Skydance has agreed to buy Warner Bros. Discovery for $31 per share in cash, an equity value of $81 billion. A federal judge has the merger frozen while 12 states pursue an antitrust challenge, and the deal can now stay open as late as June 1, 2027. If closing slips past Sept. ...
Cummins Inc. CMI reported second-quarter 2026 adjusted earnings of $6.94 per share, which missed the Zacks Consensus Estimate of $7.33 by 5.3%. Higher incentive compensation, research and development spending, freight costs and product coverage expenses put pressure on profitability. Revenues increased 9.4% year over year to $9.46 billion and topped the consensus mark of $9.33 ...
Key Points Space Exploration Technologies (NASDAQ: SPCX) took off like one of its Falcon 9 rockets in the immediate days following its initial public offering on June 12, 2026. That IPO was one for the record books, ranking as the largest ever. Since then, though, SpaceX’s sizzle has fizzled. Actually, its performance looks almost identical ...
Honda HMC reported quarterly earnings of $2.18 per share for the first quarter of fiscal 2027, beating the Zacks Consensus Estimate by 90.2%. The bottom line also rose from the year-ago quarter’s earnings of 97 cents per share. Quarterly revenues totaled $38.04 billion, which rose from the year-ago period’s figure of $37 billion. Honda Motor ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $751.9 million dollar inflow — that’s a 2.0% increase week over week in outstanding units (from 496,000,000 to 506,050,000). Among the largest underlying components ...
Listen to the audio version of this article (generated by AI). He never made a movie, but Hollywood made him a billionaire It’s a Hollywood story that reads more like fiction. It’s about a billionaire who got rich from the movies in a most unusual way. He never starred in a movie. Never directed one. ...
I’ll explain why the hedge fund collapse offers a timely warning for AI investors Listen to the audio version of this article (generated by AI). Wall Street history is littered with brilliant people who thought they had figured out the market. Take Long-Term Capital Management (LTCM). The hedge fund was run by some of the ...
Key Points Amazon hit an all-time high earlier this week, but it’s still trading at a reasonable 26 times next year’s earnings. Last week it posted its strongest top-line growth since the spring of 2021. With competitive advantages and a strong AI game, the company you know is one you might want to get to ...
July’s crash in AI infrastructure stocks had a cause, a name, and a leverage ratio Listen to the audio version of this article (generated by AI). Does bad luck actually exist? Physicists have spent a century attempting to get to the bottom of this question. At the subatomic level, the universe looks like pure chaos. ...
IonQ, Inc. IONQ reported an adjusted loss of 33 cents per share for the second quarter of 2026, wider than the year-ago loss of 8 cents. The figure missed the Zacks Consensus Estimate by 13.8%. Revenues surged 287% year over year to $80.1 million and topped the Zacks Consensus Estimate by 20.63%. Following the announcement yesterday, ...
