The company no longer has potential for upside anytime soon, believes one market professional familiar with it. One market professional tracking the fortunes of Cleveland-Cliffs (CLF 9.27%) became notably less enthusiastic about its future on Wednesday. As a result, shares of the storied American steelmaker fell by more than 9% in value during that trading session. Knocked down a peg Analyst Phili...
The company no longer has potential for upside anytime soon, believes one market professional familiar with it. One market professional tracking the fortunes of Cleveland-Cliffs (CLF 9.27%) became notably less enthusiastic about its future on Wednesday. As a result, shares of the storied American steelmaker fell by more than 9% in value during that trading session. Knocked down a peg Analyst Philip Gibbs of KeyBanc set the tone for Cleveland-Cliffs stock well before market open, when he downgraded it to sector weight (read: hold) from his preceding overweight (buy). The pundit noted that the company had surpassed his $13 per share price target. In his update to his Cleveland-Cliffs view, according to reports, Gibbs cited other concerns he had about the company. He wrote that business-boosting catalysts -- such as a rise in activity from auto industry customers -- seem to be fading. Costs, meanwhile, are landing slightly higher than previously anticipated. Gibbs isn't giving up hope on Cleveland-Cliffs, as he wrote that the company still has several factors in its favor. He particularly singled out its strategic cooperation with top Korean steelmaker POSCO as an arrangement that could be favorable to its operations and finances. Expand NYSE : CLF Cleveland-Cliffs Today's Change ( -9.27 %) $ -1.23 Current Price $ 12.04 Key Data Points Market Cap $7.6B Day's Range $ 11.78 - $ 13.08 52wk Range $ 5.63 - $ 16.70 Volume 26M Avg Vol 24M Gross Margin -429.60 % Looking inward Although Cleveland-Cliffs remains one of the country's top steel producers, I wouldn't consider it a compelling investment. I can't imagine any potential surges in demand for any reason, even with the Trump administration's efforts to bolster domestic manufacturing. Meanwhile, it remains a relentlessly U.S.-focused manufacturer and not a global player.
is a senior editor following news across tech, culture, policy, and entertainment. He joined The Verge in 2021 after several years covering news at Engadget. Posts from this author will be added to your daily email digest and your homepage feed. On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company’...
is a senior editor following news across tech, culture, policy, and entertainment. He joined The Verge in 2021 after several years covering news at Engadget. Posts from this author will be added to your daily email digest and your homepage feed. On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company’s credit cards since their launch in 2019. This ends speculation about a new partner for Apple Card stretching back a few years, as Goldman Sachs continues an exit from consumer lending, and Apple manages a services business that has gone from $11 billion in quarterly revenue to more than $28 billion. If you have an Apple Card, then Apple says not much will change anytime soon; the transition of the $20 billion credit card portfolio is scheduled to take place two years from now. Apple: Apple Card users can continue to enjoy the award-winning experience of Apple Card, which includes up to 3 percent unlimited Daily Cash back on every purchase, easy-to-navigate spending tools, Apple Card Family, access to a high-yield Savings account, and more. Mastercard will remain the payment network for Apple Card, and Apple Card users can continue to access Mastercard’s global acceptance and benefits. As described in Apple’s FAQ, managing your balance, access to savings accounts, and even applying for a new card will remain the same for now, with any information about possible changes for physical cards or card info coming closer to the actual transition date. According to anonymous sources speaking to the Wall Street Journal and CNBC, Chase’s takeover is coming at a discount of more than $1 billion, reflecting what the WSJ described as “a high exposure to subprime borrowers and what has been a higher-than-industry-average delinquency rate.” The WSJ also reports that Chase will launch a new savings account program, which current account holders will have the option to switch to.
Platforms, Inc Meta Platforms Inc. Is Printing Clout: But Is The Stock Still Worth Your Money? Meta is on a monster comeback run and Wall Street is finally paying attention. Is Meta Platforms Inc. stock still a must-cop, or are you late to the party? The internet is losing it over Meta Platforms Inc. – from TikTok feeds to your brokerage app – but real talk: is this stock actually worth your money...
Platforms, Inc Meta Platforms Inc. Is Printing Clout: But Is The Stock Still Worth Your Money? Meta is on a monster comeback run and Wall Street is finally paying attention. Is Meta Platforms Inc. stock still a must-cop, or are you late to the party? The internet is losing it over Meta Platforms Inc. – from TikTok feeds to your brokerage app – but real talk: is this stock actually worth your money or are you just chasing FOMO? Meta went from meme stock disaster to full-blown comeback story. The company behind Instagram, WhatsApp, Threads and the whole metaverse dream is suddenly back in every “top tech” list. Ad revenue is up, AI is the new buzzword, and the stock chart has been on a wild ride. But here’s the part you actually care about: what’s the price doing right now? Stock check: As of the latest market data (time-stamped from multiple financial sources), Meta Platforms Inc. (META) is trading around its recent high range with strong gains over the past year. When markets are closed, the key number to watch is the last close price and how it’s been trending week over week. Meta has been on the winning side of that trend, regularly sitting near the top of the mega-cap tech pack. Cross-checks from major finance sites show the same story: Meta is not chilling in the bargain bin. This is a stock that’s priced like a winner – because lately, it’s been acting like one. The Hype is Real: Meta Platforms Inc. on TikTok and Beyond Meta isn’t just a stock; it’s the infrastructure for your screen time. You scroll Instagram. You DM on WhatsApp. You lurk on Facebook groups even if you pretend you don’t. And now, Meta is trying to own your AR, VR and AI future too. On TikTok and YouTube, the energy around Meta stock has shifted hard: Creators who once dragged Meta for burning cash on the metaverse are now calling it a “no-brainer” tech blue chip . . Finance influencers keep posting chart screenshots flexing Meta’s comeback versus other tech giants. AI and VR nerds are hyping Q...
China’s metal markets are in the grip of a speculative frenzy, with traders and deep-pocketed funds betting on global supply tightness and industrial demand to extend a rally in commodities like copper, nickel and lithium. Open interest has surged to a record across the six base metals traded in Shanghai, indicating robust sentiment. Heightened geopolitical risk and expectations of a lower interes...
China’s metal markets are in the grip of a speculative frenzy, with traders and deep-pocketed funds betting on global supply tightness and industrial demand to extend a rally in commodities like copper, nickel and lithium. Open interest has surged to a record across the six base metals traded in Shanghai, indicating robust sentiment. Heightened geopolitical risk and expectations of a lower interest-rate environment in China and the US are also driving investors to pour capital into raw materials. The total turnover of the Shanghai Futures Exchange’s six base metals contracts, plus gold and silver futures, reached 37.1 trillion yuan in December, equivalent to more than $5 trillion. The value was up more than 260% from a year earlier; by trading volume, Dec. 29 was the single busiest day for copper in more than a decade. As well as general supply tightness, metals are finding support from monetary easing by central banks. Lower interest rates typically encourage investors to buy non-yielding assets like metals. A weaker dollar is also a tailwind, with investors piling into the so-called debasement trade. “We’ve seen significant macro allocation flows into commodities,” said Jia Zheng , head of trading at Shanghai Soochow Jiuying Investment Management Co., adding that some equity funds are betting commodity futures will rise alongside stocks this year. Nickel – used in stainless steel and batteries – advanced nearly 6% on the Shanghai Futures Exchange on Wednesday. The most-active aluminum contract closed at its highest since 2021, while copper has shot beyond a milestone 100,000 yuan a ton, defying some bearish signs in the local market including rising inventories. Turnover on the Guangzhou Futures Exchange — including lithium, palladium, platinum and silicon futures — was around 5.6 trillion yuan in December. This was more than six times higher than the same month in 2024, although some of the Guangzhou contracts are relatively new. Read More: Lithium May Get Much-N...
In this article JPM NVDA CRWD Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:17 04:17 When the market flies like it has, it's time to be selective, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer said Tuesday that investors should grow more selective after the market's recent run, warning that buying stocks near their highs is often "a license to lose money." On a vo...
In this article JPM NVDA CRWD Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:17 04:17 When the market flies like it has, it's time to be selective, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer said Tuesday that investors should grow more selective after the market's recent run, warning that buying stocks near their highs is often "a license to lose money." On a volatile session that saw sharp moves across major indexes, Cramer said investors should resist chasing stocks already up 30% or 40% for the year and instead wait patiently for better entry points. The Dow Jones Industrial Average fell 466 points to close the session, or 0.94%. Cramer cautioned against late-cycle enthusiasm in oil stocks, arguing that investors who bought producers near recent highs could be vulnerable if Venezuela ramps production and pressures crude prices . He also flagged near-term risks in banks ahead of earnings season, even while calling the group chronically undervalued. Cramer said JPMorgan Chase looks cheap at roughly 16 times earnings, but warned that CEO Jamie Dimon tends to emphasize risks when conditions are strong — commentary that can temporarily weigh on the stock. Cramer also pointed to CrowdStrike falling nearly 100 points from its November highs before rebounding. He added that geopolitical instability, including Venezuela's political upheaval, historically increases hacking activity , strengthening demand for CrowdStrike's services . In the same vain, Cramer praised Nvidia CEO Jensen Huang , who recently described CrowdStrike as a core cybersecurity provider underpinning the $10 trillion AI-driven enterprise transformation. He also reiterated confidence in Microsoft , which has pulled back sharply since reporting earnings due to heavy AI spending, as well as longtime favorites Nvidia and Broadcom . "By all means, own some unloved tech names, but save room for a quality consumer [stock]," Cramer said. watch now VIDEO 12:05 12:05 Jim Cramer...
Wednesday, January 7th, 2026 Market indexes were mixed today, with the blue-chip Dow retreating to sub-49K one day after setting a new closing high above it. The Dow shed -466 points today, -0.94%. The S&P 500 was down a less-drastic -0.34%, while the Nasdaq actually gained +0.16% for the session. The small-cap Russell 2000 slid -7 points, -0.30%. Alphabet GOOGL became the second-largest company i...
Wednesday, January 7th, 2026 Market indexes were mixed today, with the blue-chip Dow retreating to sub-49K one day after setting a new closing high above it. The Dow shed -466 points today, -0.94%. The S&P 500 was down a less-drastic -0.34%, while the Nasdaq actually gained +0.16% for the session. The small-cap Russell 2000 slid -7 points, -0.30%. Alphabet GOOGL became the second-largest company in the world by market cap today, thanks to a note from a BNP Paribas analyst citing Google’s position to perhaps be the top AI platform in the world. This sent shares up nicely this morning, after having hovered in the same range for the past two trading weeks. Alphabet surpassed Apple AAPL for the number-two spot, and still trails NVIDIA NVDA by several hundred billion dollars. JOLTS Numbers Drop in November Earlier today, the latest Job Openings and Labor Turnover Survey (JOLTS) for November came out, and results were far below estimates. A total of 7.15 million job openings was well beneath the 7.6 million expected, and the lowest since the September 2025 outlier 7.1 million. This brings the average down to the low 7-millions over the past year and a half. Accommodations and Food Services shed the most job openings for the month, -148K, followed by Transportation/Warehousing/Utilities at -108K. Construction was the only notable positive for job openings, +90K. Most jobs were pulled in the South, -100K, then -91K in the Midwest, -78K in the West and -34K in the Northeast. Relatedly, Job Quits, from the same survey data, rose to +2% from an upwardly revised +1.9% in October. This metric has fallen off the table in recent months, suggesting a tight labor market where employees are not keen on venturing forth to new firms in their careers. As we saw in ADP (ADP) data this morning, those changing jobs are no longer expected to see a large bump in pay. Other Econ Reports Out Today ISM Services for December followed ISM Manufacturing, which was reported earlier in the week. In ...
Wednesday, January 7th, 2026 Market indexes were mixed today, with the blue-chip Dow retreating to sub-49K one day after setting a new closing high above it. The Dow shed -466 points today, -0.94%. The S&P 500 was down a less-drastic -0.34%, while the Nasdaq actually gained +0.16% for the session. The small-cap Russell 2000 slid -7 points, -0.30%. Alphabet GOOGL became the second-largest company i...
Wednesday, January 7th, 2026 Market indexes were mixed today, with the blue-chip Dow retreating to sub-49K one day after setting a new closing high above it. The Dow shed -466 points today, -0.94%. The S&P 500 was down a less-drastic -0.34%, while the Nasdaq actually gained +0.16% for the session. The small-cap Russell 2000 slid -7 points, -0.30%. Alphabet GOOGL became the second-largest company in the world by market cap today, thanks to a note from a BNP Paribas analyst citing Google’s position to perhaps be the top AI platform in the world. This sent shares up nicely this morning, after having hovered in the same range for the past two trading weeks. Alphabet surpassed Apple AAPL for the number-two spot, and still trails NVIDIA NVDA by several hundred billion dollars. JOLTS Numbers Drop in November Earlier today, the latest Job Openings and Labor Turnover Survey (JOLTS) for November came out, and results were far below estimates. A total of 7.15 million job openings was well beneath the 7.6 million expected, and the lowest since the September 2025 outlier 7.1 million. This brings the average down to the low 7-millions over the past year and a half. Accommodations and Food Services shed the most job openings for the month, -148K, followed by Transportation/Warehousing/Utilities at -108K. Construction was the only notable positive for job openings, +90K. Most jobs were pulled in the South, -100K, then -91K in the Midwest, -78K in the West and -34K in the Northeast. Relatedly, Job Quits, from the same survey data, rose to +2% from an upwardly revised +1.9% in October. This metric has fallen off the table in recent months, suggesting a tight labor market where employees are not keen on venturing forth to new firms in their careers. As we saw in ADP (ADP) data this morning, those changing jobs are no longer expected to see a large bump in pay. Other Econ Reports Out Today ISM Services for December followed ISM Manufacturing, which was reported earlier in the week. In ...
This autonomous vehicle technology firm develops integrated self-driving platforms for commercial and passenger transportation markets. On January 7, 2026, Permanent Capital Management, LP disclosed it sold 1,154,317 shares of Aurora Innovation (AUR +4.21%), an estimated $5.3 million trade based on quarterly average pricing. What Happened According to a SEC filing dated January 7, 2026, Permanent ...
This autonomous vehicle technology firm develops integrated self-driving platforms for commercial and passenger transportation markets. On January 7, 2026, Permanent Capital Management, LP disclosed it sold 1,154,317 shares of Aurora Innovation (AUR +4.21%), an estimated $5.3 million trade based on quarterly average pricing. What Happened According to a SEC filing dated January 7, 2026, Permanent Capital Management, LP sold 1,154,317 shares of Aurora Innovation during the fourth quarter. The estimated transaction value is $5.3 million, based on the average price for the period. The value of the fund’s AUR holdings at quarter-end decreased by $8.3 million, a figure reflecting both share sales and price movement. What Else to Know This reduction brings the position to 1.0% of 13F reportable AUM, down from 2.5% in the prior quarter. Top holdings after the filing: NYSEMKT: VOO: $154.0 million (30.0% of AUM) NYSEMKT: RSP: $41.8 million (8.1% of AUM) NYSEMKT: VEA: $41.7 million (8.1% of AUM) NASDAQ: VGIT: $35.4 million (6.9% of AUM) NASDAQ: MSFT: $34.9 million (6.8% of AUM) As of January 7, 2026, shares of Aurora Innovation were priced at $4.59, down 45.3% over the past year; shares have underperformed the S&P 500 by 45.2 percentage points. Company Overview Metric Value Price (as of market close January 7, 2026) $4.59 Market capitalization $8.9 billion Revenue (TTM) $2.0 million Net income (TTM) ($803.0 million) Company Snapshot Develops and licenses the Aurora Driver, a self-driving technology platform integrating hardware, software, and data services for autonomous vehicles and trucks. Targets automotive manufacturers, logistics companies, and fleet operators seeking scalable autonomous transportation solutions in the United States. Headquartered in Pittsburgh, Pennsylvania, with approximately 1,800 employees as of the latest report. Aurora Innovation is a technology company specializing in self-driving solutions, with a focus on the development and deployment of the Au...
2025 was characterized by uncertainty and divergence as geopolitics, tariffs and conflict gripped global markets. This year may be more of the same. Investment bank CLSA said it expects "resilience and rotation" in 2026 and named the defensive stocks and countercyclical plays it favors. In its "Global Themes Redux" report released on Monday, the bank said its analysts broadly retain their "optimis...
2025 was characterized by uncertainty and divergence as geopolitics, tariffs and conflict gripped global markets. This year may be more of the same. Investment bank CLSA said it expects "resilience and rotation" in 2026 and named the defensive stocks and countercyclical plays it favors. In its "Global Themes Redux" report released on Monday, the bank said its analysts broadly retain their "optimistic outlook on the continuation of the AI rally; however, debate on potential AI trade exhaustion has begun to emerge, leading investors to revisit neglected markets such as Indonesia and India." AI dominated conversations in 2025 and drove consecutive rallies and sell-offs but also fueled concerns of a bubble. The year also saw investors rotate out of U.S. equities and into emerging markets and Europe, and move money to safe havens such as gold and silver . Joe Liew, CLSA's Malaysia head of research, named the consumer sector as a "defensive shelter to investors amid macroeconomic uncertainty." The investment bank noted that "ongoing fiscal support and macro tailwinds could collectively lift consumer spending power." Consumer staples giant Nestle Malaysia Berhad and home improvement retailer MR D.I.Y. Group are among Liew's top picks. Recovering consumer demand in China remains center stage, the reported added. CLSA's Elsie Sheng tipped the baijiu sector, a drinks category for spirits made with Chinese grain, for a potential rebound as demand stabilizes. "[Sheng] suggests watching for a turnaround in high-end consumption and countercyclical plays," the report said. Her top consumer picks include bottled water and soft drinks company Nongfu Spring , baijiu brand Wuliangye and luxury goods conglomerate LVMH . Sports equipment company Anta Sports , outdoor clothing retailer Bosideng and athletic footwear name Yue Yuen are also among those to watch, per the report.
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Cheng Xin | Getty Images After an all-time high and a big tumble for bitcoin last year, industry executives and investors told CNBC that the cryptocurrency could reach new heights in 2026 — but with the potential for huge volatility. In CNBC's annual roundup of bitcoin predictions , several commentators forecast a wide range o...
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT Cheng Xin | Getty Images After an all-time high and a big tumble for bitcoin last year, industry executives and investors told CNBC that the cryptocurrency could reach new heights in 2026 — but with the potential for huge volatility. In CNBC's annual roundup of bitcoin predictions , several commentators forecast a wide range of prices for bitcoin in 2026, dropping as low as $75,000 and rising as high as $225,000. Last October, bitcoin hit a record high of over $126,000 before falling later in the year to lows of around $80,000, according to CoinMetrics. Bitcoin is sitting around 30% lower than its all-time high. Last year's crypto market was buoyed by what was viewed as a more favorable regulatory environment in the U.S. under President Donald Trump, and increasing interest from larger institutional investors and traditional financial players like banks. Meanwhile, there was a boom in so-called digital asset treasury (DAT) companies , which accumulate large amounts of bitcoin and other digital coins. Stock Chart Icon Stock chart icon Bitcoin price over the last year. At the same time, debate continues over the valuations of technology stocks and whether the artificial intelligence boom will turn into a bubble. The crypto sell-off at the end of the year came against that backdrop. As investors reassessed risk assets and crypto holders sold digital currencies, there were forced liquidations, which exacerbated the selling . This has created a tough backdrop for 2026. "We are in a complex investing environment. Equity valuations are stretched, the geopolitical environment is chaotic and evolving, there are fears about the near-term durability of AI capex deployment, monetary policy conditions appear to be shifting, and the U.S. midterm elections are on the horizon," Alex Thorn, head of research at Galaxy, told CNBC. "Against this backdrop, the outlook for bitcoin in 2026 is tough to predict." Here a...
Key Points An executive at Aveanna Healthcare recently sold 36,015 shares in three open-market transactions for a total of $292,488. The sale represented 10.93% of Cunningham’s direct holdings, reducing his direct ownership to 293,354 shares post-transaction. All shares were disposed of from direct ownership, with no indirect holdings or derivative instruments involved. These 10 stocks could mint ...
Key Points An executive at Aveanna Healthcare recently sold 36,015 shares in three open-market transactions for a total of $292,488. The sale represented 10.93% of Cunningham’s direct holdings, reducing his direct ownership to 293,354 shares post-transaction. All shares were disposed of from direct ownership, with no indirect holdings or derivative instruments involved. These 10 stocks could mint the next wave of millionaires › Patrick A. Cunningham, the chief compliance officer of Aveanna Healthcare (NASDAQ:AVAH), directly sold 36,015 shares in multiple open-market transactions between Dec. 30 and Jan. 2, for a total value of $292,488, according to an SEC Form 4 filing. Transaction Summary Metric Value Shares sold (direct) 36,015 Transaction value $292,488 Post-transaction shares (direct) 293,354 Post-transaction value (direct ownership) $2.4 million The transaction value is based on the SEC Form 4 weighted average purchase price ($8.12), and the post-transaction value is based on Friday's market close ($8.12). Key Questions How significant is this sale relative to previous insider activity? This direct sale of 36,015 shares is the largest single open-market disposition by Cunningham in at least the past year, indicating a higher-than-typical volume for his sales activity. He only has one other sale on record, of 18,500 shares in June. This direct sale of 36,015 shares is the largest single open-market disposition by Cunningham in at least the past year, indicating a higher-than-typical volume for his sales activity. He only has one other sale on record, of 18,500 shares in June. What proportion of direct ownership was affected by this transaction? The sale accounted for 10.93% of Cunningham’s direct holdings, resulting in a reduction from 329,369 to 293,354 directly held shares. The sale accounted for 10.93% of Cunningham’s direct holdings, resulting in a reduction from 329,369 to 293,354 directly held shares. Does the transaction involve any derivative instrument...
US President Donald Trump on Wednesday proposed setting military spending at US$1.5 trillion in 2027, citing “troubled and dangerous times”. Trump called for the massive surge in spending days after he ordered a US military operation to capture Venezuelan leader Nicolas Maduro and spirit him out of the country to face drug trafficking charges in the United States. US forces continue to mass in the...
US President Donald Trump on Wednesday proposed setting military spending at US$1.5 trillion in 2027, citing “troubled and dangerous times”. Trump called for the massive surge in spending days after he ordered a US military operation to capture Venezuelan leader Nicolas Maduro and spirit him out of the country to face drug trafficking charges in the United States. US forces continue to mass in the Caribbean Sea. The 2026 military budget is set at US$901 billion. Advertisement Trump in recent days has also called for taking over the Danish territory of Greenland for national security reasons and has suggested he is open to carrying out military operations in Colombia. Secretary of State Marco Rubio has ominously warned that long-time adversary Cuba “is in trouble.” “This will allow us to build the ‘Dream Military’ that we have long been entitled to and, more importantly, that will keep us SAFE and SECURE, regardless of foe,” Trump said in a social media post announcing his proposal. Raytheon’s offices are seen in Woburn, Massachusetts, in January 2017. Photo: Reuters He added that he feels comfortable surging spending on the military because of increased revenue created by his administration through tariffs imposed on friends and foes around the globe since his return to office.
Management sees a strong end to fiscal 2025. After falling almost 3% during regular trading hours today, shares of Globus Medical (GMED 2.90%) are heading in the opposite direction after the bell. Committed to treating patients with musculoskeletal disorders, Globus Medical provided preliminary fourth quarter 2025 financial results in addition to providing fiscal 2026 guidance, and investors are c...
Management sees a strong end to fiscal 2025. After falling almost 3% during regular trading hours today, shares of Globus Medical (GMED 2.90%) are heading in the opposite direction after the bell. Committed to treating patients with musculoskeletal disorders, Globus Medical provided preliminary fourth quarter 2025 financial results in addition to providing fiscal 2026 guidance, and investors are clearly pleased. As of 6:22 p.m. ET, shares of Globus Medical are trading 9.9% higher from where they closed during today's regular market session. Management sees a brighter future than that of analysts Projecting 25.2% year-over-year sales growth, Globus Medical projects Q4 2025 revenue of $823.2 million. Analysts, on the other hand, are anticipating the company reporting $778.3 million on the top-line of the income statement for the last quarter of 2025. Expand NYSE : GMED Globus Medical Today's Change ( -2.90 %) $ -2.71 Current Price $ 90.58 Key Data Points Market Cap $13B Day's Range $ 90.08 - $ 93.80 52wk Range $ 51.79 - $ 94.93 Volume 60K Avg Vol 1.7M Gross Margin 61.05 % Addressing the strong financial results, Kyle Kline, Globus Medical's Chief Financial Officer, stated, "Our fourth quarter results demonstrated above-market growth as well as continued success in the integration of the NuVasive and Nevro acquisitions." For fiscal 2026, Globus Medical provided revenue guidance of $3.18 billion to $3.22 billion and diluted adjusted earnings per share (EPS) guidance of $4.30 to $4.40 -- notably higher than the consensus among analysts of $4.12. Advertisement Is now the time to click the buy button on Globus Medical stock? While shares of Globus Medical are jumping on Wednesday evening, investors shouldn't feel that they've missed the boat. Globus Medical's stock is currently valued at 30.2 times trailing earnings. Though this may seem steep, the stock's valuation represents a discount to its five-year average P/E of 44.5. For investors seeking a healthcare stock with sp...
Key Points Its Waymo subsidiary might get quite a boost soon. U.S. lawmakers will soon hear proposals on how to increase autonomous vehicle deployments. 10 stocks we like better than Alphabet › Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Waymo subsidiary is a leader in self-driving technology. Given that, it was entirely reasonable for investors to trade up Alphabet stock on news that top American po...
Key Points Its Waymo subsidiary might get quite a boost soon. U.S. lawmakers will soon hear proposals on how to increase autonomous vehicle deployments. 10 stocks we like better than Alphabet › Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Waymo subsidiary is a leader in self-driving technology. Given that, it was entirely reasonable for investors to trade up Alphabet stock on news that top American politicians would hold hearings on advancing such technology. Both of the tech giant's publicly traded share classes rose by more than 2% on this development. The need for speed The U.S. House of Representatives' energy and commerce subcommittee will convene on Tuesday, Jan. 13, to consider several draft proposals aimed at cranking up the number of autonomous vehicles allowed to be deployed on American roads. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Among the measures that will be considered is one that would allow up to 90,000 such vehicles per year. Another proposal suggests curbing the power of individual states to set laws governing self-driving systems. Both autonomous driving tech developers and members of the Trump administration are eager to see the technology make more progress. Last year, Transportation Secretary Sean Duffy was quoted as saying that a more relaxed regulatory framework for self-driving vehicles would make the U.S. more competitive with China, which boasts an increasingly influential next-generation auto industry. Waymo is well on the way Waymo cars are now common sights in certain U.S. cities (like mine, Los Angeles), while electric vehicle (EV) king Tesla started deploying its futuristic Robotaxi to the tech-friendly city of Austin, Texas last year. The appeal of autonomous vehicles is irresistible, as is their part of the world's transportation future. Even if the subcommittee's meeting doesn't significantly advance the technology, it's yet another indicat...
US stock futures were little changed Wednesday evening as Wall Street paused after a rocky session that ended multi-day rallies for major averages. Dow Jones Industrial Average futures (YM=F) rose slightly above the flatline, while contracts on the S&P 500 (ES=F) and Nasdaq 100 (NQ=F) hugged the baseline. During regular trading, both the S&P 500 (^GSPC) and the Dow (^DJI) closed lower despite hitt...
US stock futures were little changed Wednesday evening as Wall Street paused after a rocky session that ended multi-day rallies for major averages. Dow Jones Industrial Average futures (YM=F) rose slightly above the flatline, while contracts on the S&P 500 (ES=F) and Nasdaq 100 (NQ=F) hugged the baseline. During regular trading, both the S&P 500 (^GSPC) and the Dow (^DJI) closed lower despite hitting new intraday highs earlier in the session. The Nasdaq Composite (^IXIC) outperformed, finishing modestly higher after shares of Alphabet (GOOG) surged more than 2%, briefly pushing Google’s parent company ahead of Apple (AAPL) in market value for the first time since 2019. In a week marked by persistent geopolitical flashpoints, markets have largely remained resilient, though investors are increasingly mindful that escalating tensions could test that optimism as the year unfolds. The volatility was seen as oil prices retreated during day trading after President Trump said Venezuela will relinquish and send up to 50 million barrels of its crude to the US, while the US energy secretary announced that America will control the countries oil output "indefinitely going forward." Still, headline risk remains firmly on investors’ radar. This week, traders are watching for a Supreme Court decision on the legality of tariffs imposed under Trump, with Friday scheduled as an opinion day, offering the first chance for a legal retort to the levies. In addition to the Supreme Court decision, Friday is due to be a significant day for insight into economic health as investors receive the December jobs report, which will see increased scrutiny as one of the larger data releases in a reduced slate of governmental output. CES 2026 continues to provide make-or-break info for tech stocks. Intel (INTC) stock surged 6.5% following the announcement of the new Core Ultra 3 series chips. AI has dominated the information coming out of the convention, with Thursday's lineup including a slew of US s...