Dividends are one way for profitable companies to reward their shareholders, while also signaling financial strength and confidence in their future cash flow. Tech stocks, however, have traditionally prioritized stock buybacks over dividends as a way to reinvest excess cash and return value to ...

SK Hynix Inc. priced its US listing of American depositary receipts at $149 each, according to a person familiar with the matter who asked not to be identified as the information isn’t public. The company had offered 177.9 million ADRs, equivalent to 17.79 million common shares, according to an earlier filing with the US Securities and Exchange Commission. Each ADR is equivalent to a 10th of a common share. A spokesperson for SK Hynix didn’t immediately respond to a request for comment. At $149 per ADR, the offering would raise around $26.5 billion, data compiled by Bloomberg show. It would be the largest ever first-time share sale in the US by a foreign company, topping Alibaba Group Holding Ltd.’s $25 billion debut, according to data compiled by Bloomberg. Read More: SK Hynix Said to Guide US Offering Price 3.1% Above Korea Close

Moby summary of PepsiCo, Inc.'s Q2 2026 earnings call

Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), KLA Corp. (KLAC) and Western Digital Corp. (WDC), as well as a micro-cap stock, Optex Systems Holdings, Inc (OPXS).

Techs Lead Broad Advance; Micron Technology, Cisco Systems, Datadog In Focus Investor's Business Daily

(Updates with market moves at the end of the day.) Wall Street's equity benchmarks rose Thursday

A violent rotation is taking place under the hood of the stock market ahead of second-quarter earnings.

MarioGuti/iStock Unreleased via Getty Images Shares of Webster Financial ( WBS ) have been a strong performer over the past year, gaining about 30%. The company benefits from having one of the lowest-cost deposit bases, thanks to its strong HSA franchise, an area where I see prolonged secular growth. In fact, given this secular growth, Webster found buyout interest and is in the process of selling itself to Santander ( SAN ), which is seeking to expand its U.S. presence. However, the deal faces some uncertainty given Santander’s Spanish domicile. I last covered Webster Financial in January , reiterating shares as a “ B uy,” and the stock is up about 19% since then, validating my bullishness. With some questions over the Santander merger and with updated financials, now is a good time to revisit WBS. Seeking Alpha Looking first at M&A developments, Banco Santander announced a deal to acquire Webster in February. It is paying $48.75 in cash and 2.0548 SAN shares for each share of WBS. At the time of the deal, this was worth $75.59, and with SAN shares having risen a bit, it is now worth $77. This represented about a 15% premium to where WBS was trading, and it values Webster at above 2x book value. We generally have seen regional bank M&A in the 1.7-1.9x range, so this was an attractive multiple for WBS. Given its favorable deposit mix, I view this premium as justified. This acquisition will help scale Santander’s presence in the U nited States . It will become one of the top 10 US banks by size with over $300 billion in assets. Santander has steadily grown its presence in the United States to diversify away from the lower-margin European marketplace, acquiring Sovereign Bank during the financial crisis, and it also has an extremely large auto lending business. Webster’s low-cost deposits should help enhance margins, and Santander plans to have Webster leadership run its U.S. bank, speaking to the quality of Webster’s performance over the past few years. Shares are tr...

lovelyday12 Trinity Capital ( TRIN ) originated $709M of new commitments in Q2, bringing its H1 total to $1.1B, the company said Thursday. Gross investments in Q2 totaled ~$619M, comprised of $472M in secured loans, $109M in equipment financings, and $38M in warrant and equity investments. Trinity ( TRIN ) funded ~$296M to 11 new portfolio companies, $302M to 25 existing portfolio companies, and $21M to multi-sector holdings. Gross proceeds received from repayments and exits of the company's investments totaled ~$378M, including $220M from early debt repayments and refinancings, $58M from scheduled/amortizing debt payments, $93M from debt investments sold, and $7M from warrant and equity exits. The company will release its Q2 financial results on Aug. 5. More on Trinity Capital Trinity Capital: A Rare BDC Combining Growth & Income, But I Wouldn't Buy Yet Trinity Capital: A Solid BDC, But The Price Is Too High Oppenheimer calculates impact of falling and rising rates on BDC earnings Trinity Capital prices $300M notes offering due 2031

US, Japan, And South Korea Push SMR Exports For "Energy Security Needs" The American nuclear buildout is not just about the climate or powering data centers. It's a geopolitical war against the export of nuclear technology from Russia and China, mixed with a new demand for national energy security. On the sidelines of the NATO Summit in Ankara, the United States, Japan, and South Korea signed a trilateral Memorandum of Cooperation aimed at accelerating small modular reactor (SMR) deployments in other countries , with an initial focus on the Indo-Pacific. The agreement is designed to bring together the complementary strengths of the three countries’ civil nuclear industries. The US State Department also notes, “ The MOC advances our mutual security interests and paves the way for partner countries to meet their energy security needs. ” In addition to deploying reactors in the Indo-Pacific, the initiative is also supported by the U.S. committing over $10 million in new funding to the State Department's Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology (FIRST) Program. Lastly, the U.S. also announced an industry initiative agreed upon with GE Vernova and their partner Hitachi, with Samsung C&T and SGE to deploy the BWRX-300 SMR in Europe . The U.S. is continuing its trend, started after the executive orders were signed last year, of deploying American nuclear technology in foreign countries. In the executive orders, the State Department was directed to renew or start 20 civil nuclear cooperation agreements , sometimes referred to as “ 123 Agreements ”. The goal is to strengthen U.S. political ties with allies and other countries in Europe and Asia by supporting those countries' domestic energy security needs. The reactor export story also has a fuel-chain counterpart. More allied SMR deployments would eventually require more allied fuel supply, and that is where companies like Centrus Energy and General Matter become relevant. Centrus ...

MUNTHITA LAMLUE/iStock via Getty Images Investors Should Know: Managed care and health insurance companies are navigating thin net margins and rising utilization pressure. This makes AI-driven automation a growing focus for cost control and earnings durability across the sector. Background Managed care organizations typically operate on relatively thin net margins, with many major health insurers earning around 3–5% net margins in a typical year. Because medical claims account for the vast majority of premium revenue, even modest increases in healthcare utilization or changes in reimbursement rates can significantly affect profitability. Coordinated care models, especially in areas like Medicaid managed care, generate high volumes of administrative work: member outreach, referrals, risk scoring, prior authorization, and care gap management. Automating these workflows is one clear path to reducing per-member costs without cutting care quality. Artificial intelligence can help in this area, among others. By implementing AI tools for various functions along their workflows, managed care companies can protect their margins and better plan for contingencies. Stocks to Watch The publicly traded companies most directly exposed to this dynamic include large integrated health platforms and pure managed care operators. CVS Health ( CVS ) describes itself as an integrated health solutions company spanning retail pharmacy, clinics, pharmacy benefit management, and insurance. The firm has explicitly referenced technology-driven services as part of how it connects members to care and lowers costs. Elsewhere, Centene Corporation ( CNC ), UnitedHealth Group ( UNH ), Humana Inc. ( HUM ), Elevance Health ( ELV ), Cigna Group ( CI ), and Molina Healthcare ( MOH ) round out the major publicly traded managed care names. On the innovation side, a separate group of companies sits at the intersection of AI and healthcare delivery. These include Axsome Therapeutics, Inc. ( AXSM ), Xenon Pha...

UBS offers autocallable AMD‑linked notes (AMUB) with contingent coupons Stock Titan

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Lisa Mateo. (Source: Bloomberg)

Micron increases US investment to $250B as AI drives demand for memory technology Fox Business

Medline ( MDLN ) said on Thursday that Chief Operating Officer Stephen Miller will retire from his role, effective August 30, 2026, for health-related reasons. The company is launching a search for his successor, it added. More on Medline Inc. Medline: After IPO In 2025, This Year Is A Bet On Continued Growth Medline Inc. (MDLN) Presents At Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript Medline Inc. (MDLN) Presents at 46th Annual William Blair Growth Stock Conference Transcript Medline shares slip after fire at California warehouse Medline gets FDA warnings over manufacturing issues at Illinois plant

Watch Harry Brook's best shots against India in the fourth T20 as he finishes unbeaten on 79 from 35 balls to guide England to a nine-wicket win in Bristol, securing a 3-0 series lead with one match to play.

当地时间9日，英国工党党魁选举首日，安迪·伯纳姆获得403名工党议员中322人的提名，已基本锁定党魁职位，并有望接任英国首相。根据工党党魁选举规则，候选人需获得至少81名工党议员提名，方可进入下一阶段竞选。目前，除伯纳姆外，尚无其他工党议员获得提名。目前，伯纳姆距离锁定党魁职位仅一步之遥。他已获得322个提名，只需再获得1名议员提名，其他潜在竞争者将无法获得参选所需的81份提名，伯纳姆将成为唯一候选人。尽管获得压倒性支持，根据选举程序，伯纳姆仍需待7月17日完成相关程序后，才会被正式宣布当选工党党魁。随后，他将接受国王任命并出任英国首相。（央视新闻）

据消息称，SK海力士美股发行定价为每股149美元。（新浪财经）

Micron Technology Options Spot-On: On July 9th, 787.4K Contracts Were Traded, With 3.8 Million Open Interest 富途牛牛

Stock Market Today: The Dow Jones index turns higher and the S&P 500 gains as Micron and Sandisk rally.

Key PointsCompetition for Nvidia's GPUs is intensifying, but the data center build-out pie keeps growing.

PM Images/DigitalVision via Getty Images Investment Thesis I last reviewed the ProShares S&P MidCap 400 Dividend Aristocrats ETF ( REGL ) on February 16, 2024, when I rated it a "hold" and advised readers that the only reason to own it was for its low volatility features. Since that article was published, REGL has delivered a 33.19% total return, outpacing the ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ) by 6.02% while lagging behind the iShares Core S&P Mid-Cap ETF ( IJH ) and the iShares Core S&P 500 ETF ( IVV ) by 4.86% and 21.25%, respectively. Unfortunately, REGL didn't get a chance to show off its defensive capabilities except for a brief period early last year. My opinion that REGL should be considered only for its downside protection hasn't changed, nor has my "hold" rating. However, I would like to take the opportunity today to explain why it is a fundamentally better choice than NOBL, its large-cap counterpart. As I'll demonstrate below, REGL's downside protection and value features are better, its next-year earnings growth rates are higher, and its dividend yield is just as competitive. I hope you enjoy the read, and as always, I look forward to answering your questions afterward. REGL Overview: Fund Characteristics and Key Objectives According to its website , REGL has a 0.40% expense ratio, $1.76 billion in assets under management, and is the only ETF that tracks the S&P MidCap 400 Dividend Aristocrats Index . ProShares lists the following three reasons why investors should consider REGL. ProShares For example, on "Stability & Strength" I found that using a company's ROE as a measure of quality, REGL's components only differed by 4.93% compared to their five-year average ROEs, which was the lowest in the U.S. mid-cap category and far less than the 13.20% category average. In addition, REGL's weighted average 14.92% ROE ranks #12/40 among U.S. mid-cap value ETFs, so indeed, it does really excel on stability and strength. However, regarding the "We...

FreezeFrames/iStock via Getty Images Kimmeridge Energy Management has criticized Devon Energy's ( DVN ) divestment program as moving too slowly following the driller's $25B takeover of Coterra Energy, Bloomberg reported Thursday. The criticism is the latest sign of frustration from the activist investor that recently urged Devon ( DVN ) to shed assets apart from the Permian Basin and voted against all of Devon's directors at the annual meeting, according to the report. " When we published our 'Time for Action' letter in May, we expected the board to respond with the urgency warranted by Devon's persistent underperformance," Kimmeridge managing director Mark Viviano said Thursday. "Unfortunately, the board's response to date has fallen well short of the urgency the situation demands. This is not what we envisioned when we voted in favor of the transaction." Another activist, Toms Capital Investment Management, also has become increasingly impatient with the pace of management’s actions at Devon ( DVN ), according to the report. Devon ( DVN ) CEO Clay Gaspar recently told investors in New York that the company is moving quickly to evaluate its portfolio, calling it a months-long rather than a years-long exercise. More on Devon Energy Devon Energy: Shares Are Cheap And Have Likely Bottomed Devon Energy: Lower Oil, Higher Earnings, Shares Near Key Support Devon Energy: Stone Ridge Expresses Interest In The Marcellus Business (Rating Upgrade)