Motorola says that recently discovered behavior, which saw some of its phones sending users to an affiliate tracking website before opening the Amazon app, was “unintended” and has been “promptly corrected.” The company didn’t explain how the error was introduced in the first place. “Recently, Motorola acted quickly to resolve an issue that was identified, which caused some users in the US launchi...
Motorola says that recently discovered behavior, which saw some of its phones sending users to an affiliate tracking website before opening the Amazon app, was “unintended” and has been “promptly corrected.” The company didn’t explain how the error was introduced in the first place. “Recently, Motorola acted quickly to resolve an issue that was identified, which caused some users in the US launching the Amazon Shopping app to be routed through a web tracking link before opening the app. This behavior was unintended and resulted in an inconsistent user experience,” Allison Yi, Motorola’s executive director of product management, told The Verge in a statement. “Upon identifying the issue, we promptly corrected the routing configuration. Users can now expect all installed apps to launch directly as intended.” The unusual situation was first reported by 9to5Google after it was spotted by a Reddit user. On opening the Amazon app the phone would first briefly open the phone’s browser before returning to Amazon. Strangest of all, users were sent to a website that appears to be linked to fashion influencer Kira Abboud, though isn’t actually referenced on any of her other pages. That split-second visit was enough to install a tracking cookie however, which in turn added an affiliate code to the user’s shopping session — though, again, not one that matches any of Abboud’s other content. The code wouldn’t make any direct difference to the end user, but could theoretically allow whoever installed it to receive a small percentage of any purchase that was made. The Verge uses similar Amazon affiliate links for some of our shopping content, though always with a disclaimer, rather than installed covertly. Yi blamed the redirect on “an app search and suggestion experience for the Moto App Launcher” co-developed with Device Native. It was Device Native’s website that Reddit user Trypocopris noticed was being queried by the phone behind the scenes before users were sent to kira-abboud...
narvo vexar TrueBlue ( TBI ) said its board rejected an unsolicited, non-binding offer from HireQuest ( HQI ) to buy the On-Demand segment of TrueBlue's PeopleReady business for $105 million in cash. The offer "materially undervalues a core strategic asset of TrueBlue that is experiencing increased demand and strong momentum, despite challenging market conditions," TrueBlue said in a statement on ...
narvo vexar TrueBlue ( TBI ) said its board rejected an unsolicited, non-binding offer from HireQuest ( HQI ) to buy the On-Demand segment of TrueBlue's PeopleReady business for $105 million in cash. The offer "materially undervalues a core strategic asset of TrueBlue that is experiencing increased demand and strong momentum, despite challenging market conditions," TrueBlue said in a statement on Wednesday. TrueBlue ( TBI ) last May rejected a proposal from HireQuest ( HQI ) for an all-stock proposal to acquire all common shares of TrueBlue at $7.50 per share. Shares of TrueBlue rose 1.4% on Wednesday. Barclays is serving as financial advisor, and Sidley Austin LLP is serving as legal counsel to TrueBlue ( TBI ). More on TrueBlue TrueBlue, Inc. (TBI) Q1 2026 Earnings Call Transcript TrueBlue, Inc. 2026 Q1 - Results - Earnings Call Presentation TrueBlue jumps 12% on HireQuest's $105M proposal to buy staffing segment TrueBlue expects Q2 revenue growth of 2% to 8% with 130 to 170 bps sequential gross margin expansion Seeking Alpha’s Quant Rating on TrueBlue
Even without E3, the transition from spring to summer is a busy time for the gaming industry. Summer Game Fest is right around the corner, and Sony is kicking things off with a State of Play on June 2nd with an extended look at Insomniac’s upcoming Wolverine game . To mark the occasion, Sony is also hosting another Days of Play sale , giving you a chance to save on headsets, games, DualSense contr...
Even without E3, the transition from spring to summer is a busy time for the gaming industry. Summer Game Fest is right around the corner, and Sony is kicking things off with a State of Play on June 2nd with an extended look at Insomniac’s upcoming Wolverine game . To mark the occasion, Sony is also hosting another Days of Play sale , giving you a chance to save on headsets, games, DualSense controllers, earbuds, and other first-party hardware / licensed products through June 10th. Needless to say, there’s a lot on offer, with Sony’s first-party exclusives being some of the most notable. Right now, for instance, you can pick up the open-world samurai epic that is Ghost of Yōtei at Amazon , Best Buy , and Sony’s PlayStation Direct storefront for an all-time low of $49.99 ($20 off). The Last of Us Part II Remastered ( $29.99 ) and Astro Bot ( $39.99 ) are also discounted for a limited time, the latter of which remains one of the best platforming titles of the last decade. Below, we’ve rounded up some of our top picks from the ongoing promotion, all of which are on sale for more than 25 percent off. Ghost of Yōtei Where to Buy: $69.99 $49.98 at Amazon $69.99 $49.99 at Best Buy $69.99 $49.99 at PlayStation Direct The Last of Us Part II Remastered Where to Buy: $49.99 $29.97 at Amazon $49.99 $29.99 at Best Buy $49.99 $29.99 at PlayStation Direct Horizon Forbidden West Where to Buy: $49.99 $29.99 at Amazon $49.99 $29.99 at PlayStation Direct $49.99 $29.99 at GameStop Astro Bot Where to Buy: $59.99 $39.99 at Amazon $59.99 $39 at Walmart $59.99 $39.59 at PlayStation Direct Death Stranding 2: On the Beach Where to Buy: $69.99 $39.98 at Amazon $69.99 $39.99 at Walmart $69.99 $39.99 at PlayStation Direct Marvel’s Spider-Man 2 Where to Buy: $69.99 $29.99 at Amazon $69.99 $29.97 at Walmart $69.99 $29.99 at PlayStation Direct Demon’s Souls Where to Buy: $69.99 $29.99 at Amazon $69.99 $29 at Walmart $69.99 $29.99 at PlayStation Direct Helldivers 2 Where to Buy: $39.99 $29 at Walma...
Michael M. Santiago Apple ( AAPL ) has increased the trade-in values for a wide range of its devices, including iPhones, iPads, and Macs, according to the company's website . The trade-in markup occurred ahead of its Worldwide Developers Conference, which runs from June 8 through June 12. The keynote for the event begins at 1 p.m. ET on Monday, June 8. Apple is expected to reveal new details and f...
Michael M. Santiago Apple ( AAPL ) has increased the trade-in values for a wide range of its devices, including iPhones, iPads, and Macs, according to the company's website . The trade-in markup occurred ahead of its Worldwide Developers Conference, which runs from June 8 through June 12. The keynote for the event begins at 1 p.m. ET on Monday, June 8. Apple is expected to reveal new details and features behind its latest operating system, iOS 27 for the iPhone, as well as the variants for its other devices. Apple has increased the trade-in value for its iPhone 16 Pro Max to $695 from $685, iPhone 16 Pro to $560 from $550, iPhone 16 Plus to $465 from $455, and iPhone 16 to $460 from $435. In addition, Apple inched up its iPad Pro trade-in value to $690 from $670, iPad Air to $460 from $445, iPad to $235 from $220, and iPad mini to $265 from $250. The trade-in values for the Apple Watch and Macs are varied, with some increasing, some decreasing, and some remaining the same. The MacBook Pro trade-in value increased to $690 from $685, MacBook Pro to $520 from $485, Mac mini to $375 from $340, and the Mac Studio to $1,045 from $975. Meanwhile, iMac remained at $355, while the iMac Pro decreased to $315 from $325, and the Mac Pro to $2,045 from $2,090. Finally, the Apple Watch Ultra 2 trade-in value increased to $305 from $295, Apple Watch Series 9 to $130 from $120. The Apple Watch Series 10 remained at $150, and the Apple Watch Ultra dropped to $205 from $215. More on Apple Apple's AI Profit Explosion Apple: iPhone Sales Still Hot 3 Reasons Apple Will Be Booted From The Magnificent 7 By The End Of 2030 Apple holds lead as US smartphone market declines 3% in Q1 America’s trillion-dollar club just got bigger
Earnings Call Insights: Movado Group (MOV) Q1 fiscal 2027 Management View “We are very pleased with our start of the year,” said Chairman & CEO Efraim Grinberg, citing “meaningful momentum across our business and continued consumer strength despite a dynamic external environment,” while calling out that “The Middle East region was extremely challenging due to the ongoing conflict.” Grinberg highli...
Earnings Call Insights: Movado Group (MOV) Q1 fiscal 2027 Management View “We are very pleased with our start of the year,” said Chairman & CEO Efraim Grinberg, citing “meaningful momentum across our business and continued consumer strength despite a dynamic external environment,” while calling out that “The Middle East region was extremely challenging due to the ongoing conflict.” Grinberg highlighted owned-brand and D2C traction, saying “Movado delivered strong performance,” that “Several best-selling styles sold out during the quarter,” and that “we expect to replenish these key items by summer,” alongside “robust direct-to-consumer growth across both movado.com and our company stores.” On category demand and product direction, Grinberg said, “We're particularly encouraged by the resurgence of the fashion watch category, especially among younger consumers globally,” and pointed to momentum in smaller and distinctive designs, including: “our limited drop of the new 23-millimeter Baby Face watch in spring colors sold out quickly.” On capital returns, Grinberg said, “our Board approved a $0.05 per share increase in our quarterly cash dividend to $0.40 per share,” and reiterated balance-sheet flexibility: “We ended the quarter with $225 million (sic) [ $225.3 ] in cash and no debt.” “Overall, we were very pleased with our first quarter fiscal 2027 performance,” said Executive VP, COO & CFO Sallie DeMarsilis, adding that results “marked our fourth quarter of sequential improvements” and that the company “maintained an extremely strong balance sheet.” Outlook Management reiterated it is not issuing a full-year forecast: “While we're not providing guidance due to the current economic and geopolitical uncertainty, including the unpredictable impact of the current Middle East conflict,” Grinberg said. For near-term demand dynamics, Grinberg said, “we expect sales growth to moderate in the second quarter, particularly on a constant currency basis, following the strong repl...
The VistaShares Target 15 ACKtivist Distribution ETF is seeing unusually high volume in afternoon trading Wednesday, with over 265,000 shares traded versus three month average volume of about 27,000. Shares of ACKY were up about 0.6% on the day. Components of that ETF with the highest volume on Wednesday were AMAZON.COM, trading up about 1.7% with over 16.6 million shares changing hands so far thi...
The VistaShares Target 15 ACKtivist Distribution ETF is seeing unusually high volume in afternoon trading Wednesday, with over 265,000 shares traded versus three month average volume of about 27,000. Shares of ACKY were up about 0.6% on the day. Components of that ETF with the highest volume on Wednesday were AMAZON.COM, trading up about 1.7% with over 16.6 million shares changing hands so far this session, and Uber Technologies, up about 0.6% on volume of over 8.6 million shares. Hilton Worldwide Holdings is the component faring the best Wednesday, up by about 3.7% on the day, while Brookfield Limited is lagging other components of the VistaShares Target 15 ACKtivist Distribution ETF, trading lower by about 0.5%. VIDEO: Wednesday's ETF with Unusual Volume: ACKY The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Energy Drinks Become Latest Casualty As Fuel Shock Shifts Consumer Behavior The national average price for 87-octane gasoline at the pump has remained above the politically sensitive $4-per-gallon threshold for 57 days and counting , as the U.S.-Iran conflict continues to disrupt energy flows through the Strait of Hormuz chokepoint. That price shock at the pump has already translated into visible ...
Energy Drinks Become Latest Casualty As Fuel Shock Shifts Consumer Behavior The national average price for 87-octane gasoline at the pump has remained above the politically sensitive $4-per-gallon threshold for 57 days and counting , as the U.S.-Iran conflict continues to disrupt energy flows through the Strait of Hormuz chokepoint. That price shock at the pump has already translated into visible shifts in consumer behavior at gas stations and convenience stores, an emerging trend we first outlined in mid-April (see here and here ). Adding to the consumer story of elevated gas prices pressuring discretionary spending behaviors is new data from NielsenIQ via Goldman. This chart shows that U.S. energy drink category growth across NielsenIQ-tracked channels, including xAOC, convenience, and Amazon, tracked on a 4-week year-over-year basis, slowed sharply into May 2026. The latest reading appears to be in the mid-single-digit range , down from the stronger double-digit growth rates seen throughout much of 2025 and early 2026. It's important to note that energy drinks remain among the healthier beverage categories, but the sharp growth slowdown occurred around the time gasoline prices at the pump surged . Bonnie Herzog, managing director and senior consumer analyst at Goldman Sachs, did not specify why the category abruptly lost momentum early this year through spring. However, our prior notes on consumer stress at the pump in mid-April - including Goldman data showing that a majority of convenience stores reported drivers buying less fuel and trading down in-store - only suggest that higher gasoline prices may be a major contributing factor behind the slowdown in energy drinks. If consumers are already dialing back fuel purchases and discretionary purchases at convenience stores, it makes sense that premium impulse categories like energy drinks are also under pressure. Professional subscribers can read the full NielsenIQ via Goldman here at our new Marketdesk.ai portal ...
Over the past few years, many investors flocked toward artificial intelligence (AI) and AI-adjacent stocks. However, that buying frenzy drove the S&P 500 to its all-time highs -- so the market might be due for a near-term pullback from its historically high valuations. To insulate themselves from that inevitable downturn, investors should diversify their portfolios into other less overbought secto...
Over the past few years, many investors flocked toward artificial intelligence (AI) and AI-adjacent stocks. However, that buying frenzy drove the S&P 500 to its all-time highs -- so the market might be due for a near-term pullback from its historically high valuations. To insulate themselves from that inevitable downturn, investors should diversify their portfolios into other less overbought sectors. One such sector is the transportation industry, which will continue to grow as long as companies need to transport people or products. Let's take a closer look at two promising transportation stocks that are worth buying this year: Joby Aviation (JOBY 1.34%) and Canadian National Railway (CNI +1.36%). The former is a good fit for speculative investors, while the latter is a dependable blue chip play. The speculative play: Joby Aviation Joby Aviation develops electric vertical take-off and landing (eVTOL) aircraft. Its S4 eVTOL can carry one pilot and four passengers, travel up to 150 miles on a single charge, and reach a maximum speed of 200 miles per hour. Unlike many of its competitors, which use separate propellers for takeoff and cruising, the S4 uses a single propeller for both modes -- reducing its weight and enabling it to travel faster and farther. Expand NYSE : JOBY Joby Aviation Today's Change ( -1.34 %) $ -0.15 Current Price $ 11.37 Key Data Points Market Cap $11B Day's Range $ 10.91 - $ 11.64 52wk Range $ 7.33 - $ 20.95 Volume 995.5K Avg Vol 26.7M Gross Margin -1606.00 % Joby is still awaiting the FAA's approval to launch its first commercial flights, but it's already backed by major companies such as Toyota, Delta Air Lines, and Uber. Toyota provides Joby with the engineering and manufacturing support to scale its business. Delta will bundle Joby's short-range flights into its premium tickets for "home to airport" services, and Uber will integrate those flights into its new Uber Air platform. It's also producing autonomous eVTOLs for the Department of Defen...
In trading on Wednesday, the U.S. Global Jets ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Frontier Group Holdings, up about 8.4% and shares of United Airlines Holdings, up about 6.9% on the day. And underperforming other ETFs today is the Global X Cybersecurity ETF, down about 5% in Wednesday afternoon trading. Amo...
In trading on Wednesday, the U.S. Global Jets ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Frontier Group Holdings, up about 8.4% and shares of United Airlines Holdings, up about 6.9% on the day. And underperforming other ETFs today is the Global X Cybersecurity ETF, down about 5% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Zscaler, lower by about 31.2%, and shares of Netskope, lower by about 8.9% on the day. VIDEO: Wednesday's ETF Movers: JETS, BUG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Here are the companies making headlines in midday trading. Travel stocks — Shares of airlines and cruise operators rose as oil prices retreated on Wednesday. Brent crude was last down nearly 4%, while West Texas Intermediate crude lost just over 4%. United Airlines gained 7%, while Delta Air Lines advanced 4%. Carniva l jumped 4%, and Norwegian Cruise Line added 5%. Dycom Industries — The telecom ...
Here are the companies making headlines in midday trading. Travel stocks — Shares of airlines and cruise operators rose as oil prices retreated on Wednesday. Brent crude was last down nearly 4%, while West Texas Intermediate crude lost just over 4%. United Airlines gained 7%, while Delta Air Lines advanced 4%. Carniva l jumped 4%, and Norwegian Cruise Line added 5%. Dycom Industries — The telecom infrastructure company popped about 30% after lifting its full-year outlook. The company sees contract revenue ranging from $7.38 billion and $7.65 billion. The current quarter adjusted earnings forecast is also ahead of the Street's estimates. Dycom also announced the acquisition of National Technology Integrators, adding to its capabilities in the data center industry. Marvell Technology — Shares of the semiconductor company slumped more than 3% ahead of Marvell's quarterly report due after the market close. Analysts polled by FactSet expect earnings of 79 cents on revenue of $2.40 billion in the first quarter. Shares have more than doubled year to date. Zscaler — Shares tumbled more than 30% after the cloud security company guided for current-quarter revenue of between $875 million to $878 million, falling short of the $879 million analysts were seeking, per LSEG. However, the company's fiscal third-quarter adjusted earnings of $1.08 per share beat forecasts of $1.01 per share, while its $850 million revenue also exceeded the $835 million consensus estimate. Palo Alto Networks , CrowdStrike — The two cybersecurity stocks tumbled as Zscaler's earnings brought down some of its peers with it. Palo Alto was off 2.8%, while CrowdStrike was down more than 3%. Bath & Body Works — Shares rose 12% after the company reported current quarter guidance that was largely better than expected. The retailer forecasted earnings per share of 20 cents to 25 cents in its second quarter, compared to expectations for 21 cents, according to analysts polled by FactSet. First-quarter adjusted ear...
Hassan Ali was on holiday in Budapest when he was contacted by his neighbour about a sign that had been painted on the road directly outside his semi-detached home in Staffordshire. The bright yellow sign, which read “School: Keep Clear”, was painted on Greendock Street in the early hours of Friday morning, his neighbour informed him – a bewildering update considering there was no school to keep c...
Hassan Ali was on holiday in Budapest when he was contacted by his neighbour about a sign that had been painted on the road directly outside his semi-detached home in Staffordshire. The bright yellow sign, which read “School: Keep Clear”, was painted on Greendock Street in the early hours of Friday morning, his neighbour informed him – a bewildering update considering there was no school to keep clear of and had not been one for the past 15 years. “It’s ridiculous,” Ali said. “The school moved 15 years ago. Plus, even if there is a school, the access to the school should be [over] there, not in front of my house.” View image in fullscreen The sign remained visible even after the council’s hasty intervention. Photograph: Neha Gohil/The Guardian It’s a debacle that has caused somewhat of a stir in Longton, one of six towns in Stoke-on-Trent, attracting local media attention and forcing the council’s Labour leader, Jane Ashworth, to apologise for the mistake, admitting there “clearly isn’t a school” there. The daubing has since been covered with black paint, making it barely legible while driving – an immediate response by the council seemingly to allay fears that people could receive a fine for parking outside their homes. However, the letters are still noticeable. Ali said his friend had reported the road sign to local media and he believes the subsequent attention forced the council to act quickly. “Because of all the hoo-ha that happened … they act[ed] immediately,” he said. “Now we got the sign, but in black.” Assuming how the mistake had happened, he said: “Typical council, the people sitting in the office, they don’t have any ideas.” Lee Evans, who lives on the street, said he noticed the sign on Friday and it was a topic of conversation with his neighbour. View image in fullscreen Lee Evans suspects the council was going off out-of-date plans. Photograph: Neha Gohil/The Guardian He said: “Why’ve they put a school [sign] there when there’s no school no more? “Th...
In trading on Wednesday, semiconductors shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of Trio-Tech International, off about 13.5% and shares of GlobalFoundries off about 11.5% on the day. Also lagging the market Wednesday are precious metals shares, down on the day by about 2% as a group, led down by Osisko Development, trading lower by about...
In trading on Wednesday, semiconductors shares were relative laggards, down on the day by about 2.5%. Helping drag down the group were shares of Trio-Tech International, off about 13.5% and shares of GlobalFoundries off about 11.5% on the day. Also lagging the market Wednesday are precious metals shares, down on the day by about 2% as a group, led down by Osisko Development, trading lower by about 4.1% and US Gold, trading lower by about 4.1%. VIDEO: Wednesday Sector Laggards: Semiconductors, Precious Metals 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 Wednesday, home furnishings & improvement shares were relative leaders, up on the day by about 2.9%. Leading the group were shares of MasterBrand, up about 11% and shares of American Woodmark up about 11% on the day. Also showing relative strength are textiles shares, up on the day by about 2.7% as a group, led by Canada Goose Holdings, trading higher by about 7.6% and VFC, trading u...
In trading on Wednesday, home furnishings & improvement shares were relative leaders, up on the day by about 2.9%. Leading the group were shares of MasterBrand, up about 11% and shares of American Woodmark up about 11% on the day. Also showing relative strength are textiles shares, up on the day by about 2.7% as a group, led by Canada Goose Holdings, trading higher by about 7.6% and VFC, trading up by about 5% on Wednesday. VIDEO: Wednesday Sector Leaders: Home Furnishings & Improvement, Textiles The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Vanguard Small-Cap Value ETF (VBR 0.07%) provides ultra-low-cost exposure to a broad basket of small-cap value stocks, while the State Street SPDR S&P 600 Small Cap Value ETF (SLYV +0.29%) offers a more concentrated, index-specific alternative. Investors seeking to capitalize on small-company valuations often choose between these two funds to capture the value factor. While both target the sma...
The Vanguard Small-Cap Value ETF (VBR 0.07%) provides ultra-low-cost exposure to a broad basket of small-cap value stocks, while the State Street SPDR S&P 600 Small Cap Value ETF (SLYV +0.29%) offers a more concentrated, index-specific alternative. Investors seeking to capitalize on small-company valuations often choose between these two funds to capture the value factor. While both target the small-cap segment, their underlying indexes lead to different portfolio densities and sector weights. This comparison helps determine which fund better fits a specific long-term strategy. Snapshot (cost & size) Metric SLYV VBR Issuer SPDR Vanguard Expense ratio 0.15% 0.05% 1-yr return (as of May 18, 2026) 29.60% 19.80% Dividend yield 1.81% 1.76% Beta 1.00 0.97 AUM $4.6B $35.3B Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. The Vanguard fund is the more affordable option, charging an expense ratio of 0.05% compared to the 0.15% charged by the SPDR fund. Both ETFs offer similar yields, providing a consistent payout slightly below 2.00%. Performance & risk comparison Metric SLYV VBR Max drawdown (5 yr) (28.70%) (24.20%) Growth of $1,000 over 5 years (total return) $1,321 $1,474 What's inside The Vanguard Small-Cap Value ETF (VBR) offers a broad view of the small-cap landscape, with 841 holdings. Its sector allocation leads with financial services at 18.00%, industrials at 17.00%, and consumer cyclical at 13.00%. The largest positions include Jabil (JBL 2.31%) at 0.76%, Flex (FLEX +0.36%) at 0.76%, and NRG Energy (NRG 1.92%) at 0.74%. This fund, which launched in 2004, has a trailing-12-month dividend of $4.14 per share. Its passive approach offers wide-reaching exposure to the CRSP U.S. Small Cap Value Index. In contrast, the State Street SPDR S&P 600 Small Cap Value ETF (SLYV) tracks the S&P S...
The stock fell on Wednesday as investors locked in gains following its sharp rally driven by AI chip-related momentum. • Qualcomm stock is showing notable weakness. Why are QCOM shares down? Qualcomm Expands Into AI Data-Center Infrastructure Bloomberg reported Tuesday that Qualcomm reached a deal to supply TikTok parent ByteDance with application-specific integrated circuits (ASICs) for AI data c...
The stock fell on Wednesday as investors locked in gains following its sharp rally driven by AI chip-related momentum. • Qualcomm stock is showing notable weakness. Why are QCOM shares down? Qualcomm Expands Into AI Data-Center Infrastructure Bloomberg reported Tuesday that Qualcomm reached a deal to supply TikTok parent ByteDance with application-specific integrated circuits (ASICs) for AI data centers. According to the report, ByteDance plans to purchase millions of Qualcomm chips to support its AI agent software initiatives, marking another step in Qualcomm's push beyond smartphone processors and into AI infrastructure markets. Traders Weigh AI Opportunity Against Market Pullback Despite the ByteDance headline, Qualcomm underperformed some semiconductor peers amid broader market weakness, with the Nasdaq falling 0.5% and the Russell 2000 declining 0.3%, while the Communication Services sector gained 0.8%. The muted reaction suggested traders may have already priced in much of Qualcomm's AI upside following the stock's recent strength, leading to stock-specific profit-taking even after positive news. Qualcomm Pushes Beyond Smartphones and Wireless Chips Qualcomm remains one of the world's largest wireless-chip suppliers, generating revenue from both semiconductor sales and licensing technology tied to 3G, 4G, and 5G standards, including CDMA and OFDMA. In addition to smartphones, the company sells RF front-end modules and chips for automotive and Internet of Things applications. The ByteDance agreement highlights Qualcomm's broader strategy to expand into AI infrastructure and diversify beyond its traditional handset business as demand for AI computing continues to accelerate. Earnings & Analyst Outlook Looking further out, the next major catalyst for the stock arrives with the July 29 (estimated) earnings report. EPS Estimate : $2.09 (Down from $2.77 year-over-year) : $2.09 (Down from $2.77 year-over-year) Revenue Estimate : $9.67 billion (Down from $10.37 billio...
Merck, known as MSD outside of the United States and Canada, announced today that the Board of Directors has declared a quarterly dividend of $0.85 per share of the company's common stock for the third quarter of 2026. Payment will be made on July 8, 2026, to shareholders of record at the close of business on June 15, 2026. The Deere Board of Directors today declared a quarterly dividend of $1.62 ...
Merck, known as MSD outside of the United States and Canada, announced today that the Board of Directors has declared a quarterly dividend of $0.85 per share of the company's common stock for the third quarter of 2026. Payment will be made on July 8, 2026, to shareholders of record at the close of business on June 15, 2026. The Deere Board of Directors today declared a quarterly dividend of $1.62 per share payable August 10, 2026, to stockholders of record on June 30, 2026. SM Energy today announced that its Board of Directors approved the quarterly cash dividend of $0.22 per share of common stock outstanding. The dividend will be paid on June 22, 2026, to stockholders of record as of the close of business on June 8, 2026. Terex announced that its Board of Directors declared a quarterly dividend of $0.17 per share. The dividend is to be paid on June 22, 2026 to all stockholders of record as of the close of business on June 8, 2026. Bank of Montreal today announced that its Board of Directors declared a quarterly dividend of $1.71 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2026, a 4 cent, or 2 percent, increase from the prior quarter, up 5 percent from the prior year. The dividend on the common shares is payable on August 26, 2026, to shareholders of record on July 30, 2026. VIDEO: Daily Dividend Report: MRK,DE,SM,TEX,BMO The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image source: The Motley Fool. Wednesday, May 27, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — John Idol Chief Financial and Chief Operating Officer — Tyler Reddien Chief Financial Officer, Michael Kors and Former Interim Chief Financial Officer — Raj Mehta TAKEAWAYS Total Revenue -- $796 million, a decrease of 3.7% on a reported basis and 7% in constant currency, ...
Image source: The Motley Fool. Wednesday, May 27, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — John Idol Chief Financial and Chief Operating Officer — Tyler Reddien Chief Financial Officer, Michael Kors and Former Interim Chief Financial Officer — Raj Mehta TAKEAWAYS Total Revenue -- $796 million, a decrease of 3.7% on a reported basis and 7% in constant currency, aligned with prior company expectations. -- $796 million, a decrease of 3.7% on a reported basis and 7% in constant currency, aligned with prior company expectations. Gross Margin -- 64.8%, a 490 basis points increase, including a $40 million refund receivable from IEEPA tariff relief. -- 64.8%, a 490 basis points increase, including a $40 million refund receivable from IEEPA tariff relief. Earnings Per Share -- $0.22, positive compared to a net loss in the previous year, marking a return to profitability. -- $0.22, positive compared to a net loss in the previous year, marking a return to profitability. Michael Kors Revenue -- Decreased 5.5% reported (8.4% constant currency), with EMEA up 11%, Asia up 10%, and Americas down 14% due to quality of sale initiatives. -- Decreased 5.5% reported (8.4% constant currency), with EMEA up 11%, Asia up 10%, and Americas down 14% due to quality of sale initiatives. Jimmy Choo Revenue -- Increased 5.3% reported (flat in constant currency), with Americas up 11%, EMEA up 8%, and Asia down 6%. -- Increased 5.3% reported (flat in constant currency), with Americas up 11%, EMEA up 8%, and Asia down 6%. Operating Margin (Total Company) -- Expanded 170 basis points; Michael Kors at 8.7% (+410 bps), Jimmy Choo at negative 14.3% versus negative 7.5% last year. -- Expanded 170 basis points; Michael Kors at 8.7% (+410 bps), Jimmy Choo at negative 14.3% versus negative 7.5% last year. Free Cash Flow -- Positive for the year, with fiscal year-end cash at $135 million and net debt at $222 million, a substantial reduction from ~$1.4 billion last year. -...
Key Points Bloom Energy has already made shareholders a lot of money. Its shares have climbed more than 1,400% in the past year alone. Potential investors should note the stock's rich valuation and volatility. 10 stocks we like better than Bloom Energy › As of this writing, Bloom Energy's (NYSE: BE) stock price has skyrocketed nearly 250% in 2026. But that pales in comparison to the company's retu...
Key Points Bloom Energy has already made shareholders a lot of money. Its shares have climbed more than 1,400% in the past year alone. Potential investors should note the stock's rich valuation and volatility. 10 stocks we like better than Bloom Energy › As of this writing, Bloom Energy's (NYSE: BE) stock price has skyrocketed nearly 250% in 2026. But that pales in comparison to the company's return of more than 1,400% over the past 12 months. With those kinds of returns, it's fair to wonder if there's any more meat left on the bone for investors thinking about starting a position. A stock running up that high that quickly may experience some short-term pullbacks, but as Bloom's 2026 first-quarter earnings report showed, this company may just be getting started. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Being at the right place at the right time Bloom Energy was founded in 2001 as Ion America and changed its name in 2006, but it wasn't until more recently that most investors discovered the company. That's because, as data centers strain traditional grids, Bloom was already there, ready with an answer. With its solid oxide fuel cells, businesses looking to meet their power needs don't have to wait years for traditional grid upgrades or seek other alternatives. Instead, they can generate on-site power with Bloom's servers, which can be up and running in 90 days. Companies and data centers can rely almost entirely on Bloom for power generation. For example, eBay was an early customer, using Bloom's servers as the primary power source for one of its new data centers in 2013. Bloom's servers can also provide backup power in the event of an outage. What the first quarter showed us Over the last few years, Bloom's story has centered around continuous revenue growth. In 2020, it reported full-year r...
The family of a woman who was an innocent bystander when she was fatally shot outside a bar in Sheffield city centre at the weekend have paid tribute to her. South Yorkshire police on Wednesday named the victim as Shanice Brookes, a 30-year-old charity worker. Her family described Brookes, who lived in Sheffield, as “one of a kind” with the “biggest heart” and “energy you could never forget”. As w...
The family of a woman who was an innocent bystander when she was fatally shot outside a bar in Sheffield city centre at the weekend have paid tribute to her. South Yorkshire police on Wednesday named the victim as Shanice Brookes, a 30-year-old charity worker. Her family described Brookes, who lived in Sheffield, as “one of a kind” with the “biggest heart” and “energy you could never forget”. As well as working for a local charity, Brookes was the mother of a boy and was completing a university degree. She was outside the One Four One bar shortly before 2.45am on Monday when, police said, she was “senselessly shot during an incident to which she was simply an innocent bystander”. Brookes was treated at the scene by police and paramedics before being taken to hospital, where she died. In a tribute, her family said: “Shanice had the biggest heart and the kind of energy you could never forget. She was a deeply loved daughter, granddaughter, niece, cousin, friend and godmother, as well as being an amazing mum to her son, who meant the world to her. To her cousins, she was more like a sister – someone they could always turn to for love, laughter and support. “Shanice was also due to graduate from university, a reflection of her determination, ambition and the bright future ahead of her. “She could light up every room she walked in to with her infectious laugh, beautiful soul and magical aura. Shanice made people feel loved, safe and valued simply by being herself. She was truly one of a kind and she will be missed by all who were lucky enough to know and love her.” Police urged anyone who saw what happened to come forward. They have released an image of a vehicle they believe was involved in the incident. DCI Andy Knowles, of South Yorkshire police, said: “Shanice was a young woman who was in the prime of her life and was simply enjoying a night out in the city centre over the bank holiday weekend. “People often say innocent victims were in the wrong place at the wrong t...