Thanasis Zovoilis/DigitalVision via Getty Images The grains complex has posted early price gains in 2026, but the rally is unlikely to be sustained amid abundant global supplies, brokerage BMI Research said. Year-to-date as of the January 27 close, rice prices have climbed 13.2% to settle at USc1123.5/cwt, soybean prices ( S_1:COM ) have risen 3.1% to USc1079.5/bu, and wheat prices ( W_1:COM ) hav...
Thanasis Zovoilis/DigitalVision via Getty Images The grains complex has posted early price gains in 2026, but the rally is unlikely to be sustained amid abundant global supplies, brokerage BMI Research said. Year-to-date as of the January 27 close, rice prices have climbed 13.2% to settle at USc1123.5/cwt, soybean prices ( S_1:COM ) have risen 3.1% to USc1079.5/bu, and wheat prices ( W_1:COM ) have gained 2.7%, settling at USc532.8/bu. While the gains have been driven by a mix of macro and commodity-specific factors, Fitch's BMI expects prices to face a ceiling in the near term once speculative short-covering fades, given persistent oversupply fundamentals. At the macro level, U.S. dollar ( DXY ) weakness has provided a tailwind across the complex, with the DXY spot index falling to 96.2 on January 27, its lowest level since 2022. Individual commodities have also benefited from distinct supportive factors: soybean prices have been underpinned by renewed demand from Mainland China, wheat prices bolstered by weather-driven supply concerns in the US, and rice prices lifted by strong global demand signals. Despite these supportive dynamics, BMI analysts view the recent price strength as unlikely to be sustained. "Market fundamentals are expected to moderate the upside, particularly given continued expectations of ample supply availability through the first half of 2026," they said. BMI Research Soybean prices have found support from a significant upturn in U.S. sales to Mainland China. According to the latest USDA weekly export sales reports, net new sales to China totaled 2.4 million tonnes over the two-week period ending January 15, representing a 164.0% increase compared to the prior two weeks. While this marks a substantial acceleration in trade activity, the brokerage believes price support will ultimately be limited. U.S. soybeans face a 13% tariff in China, compared to just 3% for Brazilian soybeans, materially constraining U.S. competitiveness. BMI analysts, the...
In trading on Thursday, shares of Corplay Inc (Symbol: CPAY) crossed below their 200 day moving average of $331.55, changing hands as low as $325.41 per share. Corplay Inc shares are currently trading down about 8.7% on the day. The chart below shows the one year performance of CPAY shares, versus its 200 day moving average: Looking at the chart above, CPAY's low point in its 52 week range is $247...
In trading on Thursday, shares of Corplay Inc (Symbol: CPAY) crossed below their 200 day moving average of $331.55, changing hands as low as $325.41 per share. Corplay Inc shares are currently trading down about 8.7% on the day. The chart below shows the one year performance of CPAY shares, versus its 200 day moving average: Looking at the chart above, CPAY's low point in its 52 week range is $247.10 per share, with $400.81 as the 52 week high point — that compares with a last trade of $326.65. The CPAY DMA information above was sourced from TechnicalAnalysisChannel.com Click here to find out which 9 other stocks recently crossed below their 200 day moving average » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Friday, shares of the Eaton Vance Floating-Rate ETF (Symbol: EVLN) entered into oversold territory, changing hands as low as $49.04 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the ...
In trading on Friday, shares of the Eaton Vance Floating-Rate ETF (Symbol: EVLN) entered into oversold territory, changing hands as low as $49.04 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Eaton Vance Floating-Rate, the RSI reading has hit 22.6 — by comparison, the RSI reading for the S&P 500 is currently 54.4. A bullish investor could look at EVLN's 22.6 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), EVLN's low point in its 52 week range is $48.21 per share, with $50.5799 as the 52 week high point — that compares with a last trade of $49.13. Eaton Vance Floating-Rate shares are currently trading down about 0.7% on the day. Find out what 9 other oversold stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Shares of Tesla, Inc. (NASDAQ:TSLA - Get Free Report) were up 4.8% on Friday after UBS Group raised their price target on the stock from $307.00 to $352.00. UBS Group currently has a sell rating on the stock. Tesla traded as high as $439.88 and last traded at $436.73. Approximately 30,698,004 shares traded hands during trading, a decline of 50% from the average daily volume of 60,802,621 shares. T...
Shares of Tesla, Inc. (NASDAQ:TSLA - Get Free Report) were up 4.8% on Friday after UBS Group raised their price target on the stock from $307.00 to $352.00. UBS Group currently has a sell rating on the stock. Tesla traded as high as $439.88 and last traded at $436.73. Approximately 30,698,004 shares traded hands during trading, a decline of 50% from the average daily volume of 60,802,621 shares. The stock had previously closed at $416.56. Several other equities research analysts have also recently weighed in on the company. HSBC reissued a "reduce" rating on shares of Tesla in a research report on Monday, November 17th. Melius Research set a $520.00 target price on shares of Tesla and gave the company a "buy" rating in a research note on Monday, October 13th. Stifel Nicolaus lifted their price objective on Tesla from $483.00 to $508.00 and gave the company a "buy" rating in a research report on Monday, November 17th. Roth Mkm set a $505.00 target price on shares of Tesla and gave the stock a "buy" rating in a research report on Thursday, October 23rd. Finally, TD Cowen lifted their price objective on Tesla from $509.00 to $519.00 and gave the stock a "buy" rating in a research report on Thursday. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $409.58. Get Tesla alerts: Sign Up Get Our Latest Stock Report on Tesla Insider Transactions at Tesla In related news, CFO Vaibhav Taneja sold 2,637 shares of the firm's stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The sale was disc...
Ghislaine Maxwell and Jeffrey Epstein are seen in this image released by the Department of Justice in Washington, D.C., U.S., on December 19, 2025 as part of a new trove of documents from its investigations into the late financier and convicted sex offender Jeffrey Epstein. Date and context is unclear. U.s. Justice Department | Via Reuters The Department of Justice on Friday is releasing three mil...
Ghislaine Maxwell and Jeffrey Epstein are seen in this image released by the Department of Justice in Washington, D.C., U.S., on December 19, 2025 as part of a new trove of documents from its investigations into the late financier and convicted sex offender Jeffrey Epstein. Date and context is unclear. U.s. Justice Department | Via Reuters The Department of Justice on Friday is releasing three million additional pages of documents related to Jeffrey Epstein, along with 2,000 videos and about 180,000 images, a top DOJ official said. The large release comes after weeks of criticism that the DOJ was not complying with the requirement under federal law that all files related to the notorious sex offender Epstein be publicly released. Deputy Attorney General Todd Blanche said Friday the DOJ was not releasing the rest of the more than 6 million total pages that have been identified as potentially responsive to the Epstein Transparency Act. He said that no more documents would be released. "There's not some tranche of super-secret documents about Jeffrey Epstein that we're withholding," Blanche said at a press conference. This is breaking news. Please refresh for updates.
sinseeho/iStock via Getty Images The Angel Oak Income ETF ( CARY ) is a diversified bond ETF, focusing on short-term, high-quality agency and non-agency MBS. CARY's strategy results in a strong, well-balanced portfolio, with below-average risk and volatility, an above-average 6.1% dividend yield, and outstanding risk-adjusted returns. Lots of benefits, fewer significant downsides. CARY is a strong...
sinseeho/iStock via Getty Images The Angel Oak Income ETF ( CARY ) is a diversified bond ETF, focusing on short-term, high-quality agency and non-agency MBS. CARY's strategy results in a strong, well-balanced portfolio, with below-average risk and volatility, an above-average 6.1% dividend yield, and outstanding risk-adjusted returns. Lots of benefits, fewer significant downsides. CARY is a strong investment opportunity, and a buy. CARY - Overview and Investment Thesis Below-Average Risk and Volatility CARY is a diversified bond ETF, focusing on short-term, high-quality agency and non-agency MBS. Asset allocations and credit quality are as follows: CARY CARY's asset class diversification somewhat reduces risk and volatility, at least relative to ETFs exclusively investing in MBS. Other ETFs are much more diversified than CARY, including the iShares Flexible Income Active ETF ( BINC ). I still see the diversification here as something of a benefit, with the caveat that several ETFs are much stronger in this regard. CARY's credit quality is reasonably good (see above), which should somewhat reduce losses during downturns and recessions. With its inception in late 2022, the fund has yet to experience a downturn, so we can't analyze its performance during one. CARY didn't see any losses during the March/April 2024 equity bear market, outperforming riskier, higher-yield corporate bonds. I would expect some losses during any meaningful downturn, but not significant losses. Data by YCharts CARY leans short-term, with an average duration of 4.1 years. Expect somewhat below-average rate exposure, losses when rates increase, gains when these decrease. CARY shouldn't experience significant, above-average drawdowns or volatility, simply because it doesn't have significant credit or rate risk, nor is it overly concentrated in a risky sector or in a couple of issuers. Realized drawdowns and volatility have been significantly below-average since inception, outperforming expectatio...
SoFi earnings delivered record revenue and accelerating profitability, reinforcing the fintech’s growth story; investors face a higher bar as expectations rise
SoFi earnings delivered record revenue and accelerating profitability, reinforcing the fintech’s growth story; investors face a higher bar as expectations rise
Jan. 30, 2026, 11:23 a.m. ET A total of 871 Amazon employees are scheduled to be laid off in New Jersey, according to data submitted to the state Department of Labor and Workforce Development. Bergen County will be hit the hardest, with a total of 417 layoffs, according to the Worker Adjustment and Retraining Notifications, or WARN, notice. Bergen was followed by Passaic County with 240 and Monmou...
Jan. 30, 2026, 11:23 a.m. ET A total of 871 Amazon employees are scheduled to be laid off in New Jersey, according to data submitted to the state Department of Labor and Workforce Development. Bergen County will be hit the hardest, with a total of 417 layoffs, according to the Worker Adjustment and Retraining Notifications, or WARN, notice. Bergen was followed by Passaic County with 240 and Monmouth County will see 141 and Hudson County will see 44. An additional 29 layoffs are classified as "statewide." The layoffs will be effective April 28. This comes just days after the company announced Jan. 27 that it will be closing its brick-and-mortar grocery chains Fresh and Go. There are four Amazon Fresh stores in New Jersey, including one in Lodi, which opened in 2024; one in Paramus, located at the former Fairway Market; and one in Woodland Park, which also opened in 2024. The fourth store is located in Eatontown. In total, there are 57 Amazon Fresh stores in the United States and 15 Go stores. Amazon said that it plans to convert some of the closing stores into Whole Foods Markets, which it bought in 2017 for $13.7 billion. While it is not clear which roles will be impacted by the layoffs, Amazon's filing does fall in line with the locations of the closing Amazon Fresh stores. In addition to the closure of its Fresh and Go grocery stores, Amazon announced Wednesday that it is cutting 16,000 jobs worldwide, marking the second major round of layoffs at the company in three months, USA TODAY reported. The layoffs are expected to affect workers in Amazon Web Services, retail, Prime Video and human resources departments. The company did not immediately return an emailed request for comment about which roles will be impacted in New Jersey.
Galeanu Mihai White House National Economic Council Director Kevin Hassett said the Federal Reserve made a mistake by not cutting interest rates this week, arguing that the economy is experiencing a supply-side boom that should give policymakers room to ease. In an interview with CNBC, Hassett also expressed strong support for Kevin Warsh as the administration’s nominee for Fed Chair, saying “you ...
Galeanu Mihai White House National Economic Council Director Kevin Hassett said the Federal Reserve made a mistake by not cutting interest rates this week, arguing that the economy is experiencing a supply-side boom that should give policymakers room to ease. In an interview with CNBC, Hassett also expressed strong support for Kevin Warsh as the administration’s nominee for Fed Chair, saying “you don’t change quarterbacks when you’re way ahead.” Hassett pointed to robust economic growth as evidence that the Fed is being overly cautious. He noted that the Atlanta Fed’s GDPNow tracker sits at 5.4% and claimed the figure would be closer to 7% if not for the drag from the recent government shutdown. “We’re having a massive positive supply shock, the likes of which we haven’t seen since the late 90s,” he said, comparing current conditions to the productivity gains driven by the internet era under Alan Greenspan. On inflation, Hassett dismissed concerns raised by a hotter-than-expected PPI report , noting that the consumer price index has been more favorable. He said the annualized CPI rate over the last three months was around 1.8%, putting it close to the Fed’s 2% target. The idea that “the Phillips curve constrains the Fed to always hammer when there’s good news is being disproven by the data,” he argued. Hassett emphasized that the administration’s fiscal discipline should help bring interest rates down naturally. He cited a $600B reduction in the year-over-year fiscal deficit and the elimination of approximately 270,000 federal workers as evidence that “our job is to make the Fed’s job easy, to lower the deficit, lower the trade deficit, you know, be fiscally responsible.” The NEC director also highlighted a wave of domestic investment, pointing to 35 groundbreakings for new factories in recent months driven by tax policies and tariffs. Companies like Eli Lilly ( LLY ) are onshoring production to states like Virginia, he noted, though he acknowledged that manufacturi...
The ClearBridge Small Cap Strategy underperformed its benchmark Russell 2000 Index in the fourth quarter of 2025, but generated positive absolute performance. The strategy fund initiated a new position in Landstar System ( LSTR ), and added Interparfums ( IPAR ) and Signet Jewelers ( SIG ). Additionally, ClearBridge Small Cap Strategy initiated new positions in Solstice Advanced Materials ( SOLS )...
The ClearBridge Small Cap Strategy underperformed its benchmark Russell 2000 Index in the fourth quarter of 2025, but generated positive absolute performance. The strategy fund initiated a new position in Landstar System ( LSTR ), and added Interparfums ( IPAR ) and Signet Jewelers ( SIG ). Additionally, ClearBridge Small Cap Strategy initiated new positions in Solstice Advanced Materials ( SOLS ), Upwork ( UPWK ), OPENLANE ( OPLN ), and Arlo Technologies ( ARLO ). Meanwhile, the fund exited Alexander & Baldwin ( ALEX ), Avidity Biosciences ( RNA ), Verona Pharma, Crane NXT ( CXT ), Jamf Holding ( JAMF ), Redwood Trust ( RWT ), Marten Transport ( MRTN ), and Atlas Energy Solutions ( AESI ) during the quarter. Source: Fund Letter More on related tickers Upwork: A 'Strong Buy' With Aggressive Targets, New AI Offerings (Upgrade) Landstar signals $569M heavy haul record as AI investments accelerate network growth
The man who created House Party, wrote for the Black Panther comics, produced Django Unchained and briefly ran BET talks his illustrious career Reginald Hudlin’s home office is a monument to an audacious American dream – the Black scion who grew up far from Hollywood glamour and rose to become one of the industry’s most adaptable storytellers. On the walls, a framed Black Panther comic page he pen...
The man who created House Party, wrote for the Black Panther comics, produced Django Unchained and briefly ran BET talks his illustrious career Reginald Hudlin’s home office is a monument to an audacious American dream – the Black scion who grew up far from Hollywood glamour and rose to become one of the industry’s most adaptable storytellers. On the walls, a framed Black Panther comic page he penned glints under glass near a portrait of Jamie Foxx – a souvenir from Hudlin’s stint producing Django Unchained – and a piece of the Martin Luther King memorial that he was gifted while shooting the Disney sports drama Safety. “Look, I’m pleased with my life,” he tells me with a wry smile. “But honestly it’s taken a lot of trickery to get people to let me do these crazy things. It’s taken a lot of effort, but the reward is always worth it.” Hudlin may be the nearest thing in Hollywood to a real-life Forrest Gump, given the things he’s done, the folks he’s worked with and the history he’s made. On Marvel Comics’ Black Panther graphic novel, Hudlin was the writer who repositioned the franchise as an explicit Black empowerment allegory, laying the foundation for Ryan Coogler’s blockbuster feature films. On the big screen, Hudlin has directed Eddie Murphy in Boomerang, Samuel L Jackson in The Great White Hope and Chadwick Boseman in Marshall. Continue reading...
aprott/iStock via Getty Images The UK's Medicines & Healthcare products Regulatory Agency has updated the warnings for GLP-1 and dual GLP-1/GIP receptor agonist drugs used to treat obesity to reflect a risk of severe acute pancreatitis. The agency said it has received "rare" reports of necrotizing and fatal pancreatitis associated with these drug classes. The MHRA recommends that doctors tell pati...
aprott/iStock via Getty Images The UK's Medicines & Healthcare products Regulatory Agency has updated the warnings for GLP-1 and dual GLP-1/GIP receptor agonist drugs used to treat obesity to reflect a risk of severe acute pancreatitis. The agency said it has received "rare" reports of necrotizing and fatal pancreatitis associated with these drug classes. The MHRA recommends that doctors tell patients who are using these medications to seek immediate medical care if they experience persistent abdominal pain that may radiate to the back, as well as nausea and vomiting. Novo Nordisk's ( NVO ) Wegovy (semaglutide) is a GLP-1, while Eli Lilly's ( LLY ) Zepbound (tirzepatide) is a dual GLP-1/GIP receptor agonist. Both drugs are sold under different brand names for type 2 diabetes. More on Novo Nordisk, Eli Lilly Novo Nordisk: Momentum Meets Headwinds Before Earnings (Upgrade) Eli Lilly: Obesity Pricing For Access Tradeoff A Net Positive Novo Nordisk: Investors May Be In For An Earnings Surprise Novo Nordisk to beat Lilly as Wegovy pill surpasses 26K U.S. scripts Eli Lilly bid to expand Mounjaro label declined in EU
Starbucks CEO Brian Niccol discusses what is driving the company's recent sales growth. Speaking with Romaine Bostick on "Bloomberg Open Interest," Niccol also comments on the company's pricing strategy, the outlook for demand in China and where he is seeing growth opportunities. (Source: Bloomberg)
Starbucks CEO Brian Niccol discusses what is driving the company's recent sales growth. Speaking with Romaine Bostick on "Bloomberg Open Interest," Niccol also comments on the company's pricing strategy, the outlook for demand in China and where he is seeing growth opportunities. (Source: Bloomberg)
Wasif Latif, president of Sarmaya Partners, says energy might be a bigger play over the next year and they are overweight on gold, silver and mining companies. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
Wasif Latif, president of Sarmaya Partners, says energy might be a bigger play over the next year and they are overweight on gold, silver and mining companies. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
Earnings Call Insights: Hilltop Holdings (HTH) Q4 2025 Management View Jeremy Ford, President, CEO & Chairman, reported, "Hilltop returned $229 million to stockholders through the repurchase of shares and common dividends while delivering $166 million of net income, which represents a 46% increase over the prior year." He stated that the company benefited from a steepening yield curve, rising net ...
Earnings Call Insights: Hilltop Holdings (HTH) Q4 2025 Management View Jeremy Ford, President, CEO & Chairman, reported, "Hilltop returned $229 million to stockholders through the repurchase of shares and common dividends while delivering $166 million of net income, which represents a 46% increase over the prior year." He stated that the company benefited from a steepening yield curve, rising net interest income, and margin expansion at PlainsCapital Bank, and improved efficiency at PrimeLending, despite continued mortgage industry headwinds. Ford highlighted, "Hilltop reported net income of approximately $42 million or $0.69 per diluted share. Return on average assets for the period was 1.1% and return on average equity was 7.6%." He noted expansion in net interest margin and robust core loan growth at PlainsCapital Bank, and ongoing cost optimization at PrimeLending. Ford detailed that PlainsCapital Bank generated $43.5 million in pretax income and net interest margin expanded to 329 basis points, with core deposits increasing and a return of $225 million in sweep deposits to the broker dealer. He added, "PrimeLending reported a pretax loss of $5 million during the fourth quarter...profitability remains challenged as headwinds within the broader mortgage industry continue to weigh on total volumes and margins." On HilltopSecurities, Ford explained, "Public finance services rounded out a very strong year by producing a 20% year-over-year increase in net revenues as they capitalized on increased industry issuance volumes. Structured finance net revenues increased by $2 million versus the fourth quarter of 2024...Wealth Management, net revenues increased by 16% to $53 million when compared to the fourth quarter of 2024." Ford reported, "Hilltop maintained solid capital levels with a common equity Tier 1 capital ratio of 19.7%. Additionally, our tangible book value per share increased over the prior quarter by $0.60 to $31.83." William Furr, Executive VP & CFO, stated...
JHVEPhoto/iStock Editorial via Getty Images AMD ( AMD ) shares had dipped 4% by late morning market action on Friday, possibly due to a report from SemiAnalysis that said the chipmaker might suffer from production delays in its next-generation MI450-series artificial intelligence accelerators. However, Wells Fargo issued a note with high confidence that AMD's MI450 was, in fact, not facing any del...
JHVEPhoto/iStock Editorial via Getty Images AMD ( AMD ) shares had dipped 4% by late morning market action on Friday, possibly due to a report from SemiAnalysis that said the chipmaker might suffer from production delays in its next-generation MI450-series artificial intelligence accelerators. However, Wells Fargo issued a note with high confidence that AMD's MI450 was, in fact, not facing any delays, and they expect it to begin ramping up during the second half of 2026. "Our checks suggest AMD's progression on TSMC's N2 (2nm) process is on track (already taped-out; Venice EPYC samples have shipped — same process node used in MI450-series)," said Wells Fargo analysts, led by Aaron Rakers. "We expect AMD to reaffirm its confidence in MI450-series ramp commencing in 2H26 [reiterate volume weighted toward 4Q26 w/ OpenAl ( OPENAI ), Oracle ( ORCL ), & others]." Wells Fargo reiterated its Overweight rating and $345 price target on AMD. AMD is slated to report its fourth-quarter financial results and 2026 guidance post-market on Tuesday, Feb. 3. A consensus estimate expects AMD to report adjusted earnings per share of $1.32 and GAAP EPS of $0.83 on revenue of $9.67B, which would represent a 26% year-over-year increase. More on AMD AMD: Expensive For A Reason, Upgrade Before Earnings AMD's 2026 An EPYC Year - MI450x Not The Only Tailwind AMD: A Solid Second-Best Intel 10-K highlights external foundry revenue, potential upside for AMD: Wells Fargo Best performing chip stocks in the last 12 months
JHVEPhoto/iStock Editorial via Getty Images AMD ( AMD ) shares had dipped 4% by late morning market action on Friday, possibly due to a report from SemiAnalysis that said the chipmaker might suffer from production delays in its next-generation MI450-series artificial intelligence accelerators. However, Wells Fargo issued a note with high confidence that AMD's MI450 was, in fact, not facing any del...
JHVEPhoto/iStock Editorial via Getty Images AMD ( AMD ) shares had dipped 4% by late morning market action on Friday, possibly due to a report from SemiAnalysis that said the chipmaker might suffer from production delays in its next-generation MI450-series artificial intelligence accelerators. However, Wells Fargo issued a note with high confidence that AMD's MI450 was, in fact, not facing any delays, and they expect it to begin ramping up during the second half of 2026. "Our checks suggest AMD's progression on TSMC's N2 (2nm) process is on track (already taped-out; Venice EPYC samples have shipped — same process node used in MI450-series)," said Wells Fargo analysts, led by Aaron Rakers. "We expect AMD to reaffirm its confidence in MI450-series ramp commencing in 2H26 [reiterate volume weighted toward 4Q26 w/ OpenAl ( OPENAI ), Oracle ( ORCL ), & others]." Wells Fargo reiterated its Overweight rating and $345 price target on AMD. AMD is slated to report its fourth-quarter financial results and 2026 guidance post-market on Tuesday, Feb. 3. A consensus estimate expects AMD to report adjusted earnings per share of $1.32 and GAAP EPS of $0.83 on revenue of $9.67B, which would represent a 26% year-over-year increase. More on AMD AMD: Expensive For A Reason, Upgrade Before Earnings AMD's 2026 An EPYC Year - MI450x Not The Only Tailwind AMD: A Solid Second-Best Intel 10-K highlights external foundry revenue, potential upside for AMD: Wells Fargo Best performing chip stocks in the last 12 months
Energy Transfer has turned over a new leaf, with slow, steady distribution growth as its new goal. Energy Transfer (ET 0.49%) is going to be a tough stock for some dividend investors to buy. There are good reasons for this, but management insists it has positioned the business for slow and steady growth in the years ahead. If you can look past the history, here's what the next 10 years might look ...
Energy Transfer has turned over a new leaf, with slow, steady distribution growth as its new goal. Energy Transfer (ET 0.49%) is going to be a tough stock for some dividend investors to buy. There are good reasons for this, but management insists it has positioned the business for slow and steady growth in the years ahead. If you can look past the history, here's what the next 10 years might look like. Energy Transfer's ugly past Trust will be the biggest issue for conservative dividend investors. In 2020, Energy Transfer cut its distribution in half. That was a difficult time for the energy sector and the world, given the coronavirus pandemic. However, if you were trying to live off your dividends, that cut might have been a painful hit to your finances. Notably, other high-yielding competitors continued to increase their distributions, including Enterprise Products Partners and Enbridge. In 2016, another difficult period for the energy sector, Energy Transfer agreed to buy peer Williams Companies and then got cold feet. After warning that consummating the deal could lead to a dividend cut, Energy Transfer issued convertible securities. Those securities appeared as if they would protect the buyers from the dividend cut that management was warning about. The CEO at the time bought a lot of those convertibles. The Williams deal was ultimately scuttled, but it would be understandable if investors came away from that event wondering if insiders were being favored over shareholders. But things are different now. For starters, the CEO at the time of the Williams debacle is no longer in that role. And the distribution is not only growing again but is above where it was prior to the 2020 dividend cut. The biggest change, however, is that Energy Transfer is now calling for regular distribution growth of 3% to 5% a year. That's more exciting than it sounds. Easily getting to 10% Energy Transfer's distribution yield is currently 7.4%. Add 3% to that, the low end of the distri...