Broadcom stock has already had a meteoric run ahead of Q2 earnings on June 3, but options traders believe AVGO shares will push higher after the quarterly print.
Broadcom stock has already had a meteoric run ahead of Q2 earnings on June 3, but options traders believe AVGO shares will push higher after the quarterly print.
lissart/E+ via Getty Images Constellation Energy ( CEG ) closed up 2.6% on Tuesday after U.S. energy regulators granted a waiver to accelerate the connection of the Three Mile Island nuclear power plant in Pennsylvania. The Federal Energy Regulatory Commission filed a waiver allowing Constellation ( CEG ) to transfer certain grid rights from its Eddystone natural gas-fired power plant near Phi...
lissart/E+ via Getty Images Constellation Energy ( CEG ) closed up 2.6% on Tuesday after U.S. energy regulators granted a waiver to accelerate the connection of the Three Mile Island nuclear power plant in Pennsylvania. The Federal Energy Regulatory Commission filed a waiver allowing Constellation ( CEG ) to transfer certain grid rights from its Eddystone natural gas-fired power plant near Philadelphia to the Three Mile Island facility. Initial feedback from the regional grid operator said the plant could not begin supplying power to the grid until 2031, but the company said the FERC waiver has placed it back on track for its 2027 restart goal. Constellation ( CEG ) is resurrecting Three Mile Island, under the new name Crane Clean Energy Center, with a goal of restarting it next year to serve Microsoft data centers in the region. The decision will not affect U.S. Department of Energy emergency orders to keep Eddystone running past its initial planned retirement date, Constellation ( CEG ) said. More on Constellation Energy Constellation Energy: Heavy Reliance On One Market And Costly Acquisition Keep Me On Hold If You Still Think Constellation Energy Is A Utility Stock, It's Time To Update Your Perspective Constellation Energy: Buy The Pullback Before Data Center Deals Arrive
Dell Technologies stock slid on Tuesday and the PC and server maker snapped a recent eight session winning streak. Fellow AI server maker Super Micro Computer Inc. had a much better session. Dell has been on a tear lately, surging thanks to stellar first-quarter earnings and a new laptop to compete with Apple latest hardware.
Dell Technologies stock slid on Tuesday and the PC and server maker snapped a recent eight session winning streak. Fellow AI server maker Super Micro Computer Inc. had a much better session. Dell has been on a tear lately, surging thanks to stellar first-quarter earnings and a new laptop to compete with Apple latest hardware.
(RTTNews) - Beauty retailer Ulta Beauty Inc. (ULTA) on Tuesday reported an increase in profit for the first quarter, driven by broad-based growth across channels and product categories.
(RTTNews) - Beauty retailer Ulta Beauty Inc. (ULTA) on Tuesday reported an increase in profit for the first quarter, driven by broad-based growth across channels and product categories.
When markets run as fast and hard as they have since the start of April, you want to at least have your guard up a little. Things continue to fly higher and elevations are rising, meanwhile we are still at war, regardless of how close negotiations sound on a weekly basis, no deal is in site. Investors pushing the impacts of that aside could be a major error. In today's video I will discuss the con...
When markets run as fast and hard as they have since the start of April, you want to at least have your guard up a little. Things continue to fly higher and elevations are rising, meanwhile we are still at war, regardless of how close negotiations sound on a weekly basis, no deal is in site. Investors pushing the impacts of that aside could be a major error. In today's video I will discuss the concerns I have in the stock market right now as it pertains to the S&P 500 (NYSEMKT: SPY) . Watch this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below. Continue reading
Two former staffers from the Department of Government Efficiency have unveiled a new venture to buy companies and cut waste by implementing artificial intelligence, applying DOGE’s cost-cutting project to the private sector. The business, called Special, said Tuesday that it raised funding from multiple allies of Elon Musk , including Valor Equity Partners founder Antonio Gracias , former xAI Chie...
Two former staffers from the Department of Government Efficiency have unveiled a new venture to buy companies and cut waste by implementing artificial intelligence, applying DOGE’s cost-cutting project to the private sector. The business, called Special, said Tuesday that it raised funding from multiple allies of Elon Musk , including Valor Equity Partners founder Antonio Gracias , former xAI Chief Financial Officer Anthony Armstrong and Steve Davis, who served as Musk’s de facto second-in-command at DOGE. Venture capital firm Andreessen Horowitz led an undisclosed investment in the firm. Run by Nate Cavanaugh and Justin Fox, Special seeks to integrate companies vertically, automate manual tasks and control the customer experience by building its own operating system. The firm said it has reached a deal to buy a health company in Texas that will be placed under a vertical called Figure Health focused on aging populations, with plans to expand into other sectors. From the outset, DOGE was controversial. Musk waved a chainsaw on stage and later vowed to cut $2 trillion in government spending. Musk and his team seized control of federal agencies, pushing for staff reductions. Courts later blocked or overturned many of his firings. The new venture, and its backers, serves as a reminder of the close ties between the Trump administration and Silicon Valley. Coinbase Global Inc. ’s Brian Armstrong and Palantir Technologies Inc. ’s Shyam Sankar also kicked in funding for Special, according to the company. “Justin and I left motivated to extend the ethos of our work at DOGE back into the private sector,” Cavanaugh wrote in a statement. Cavanaugh and Fox previously testified that Musk’s DOGE used OpenAI’s ChatGPT chatbot to flag “DEI” in grants issued by the National Endowment for the Humanities, as part of their efforts to cut costs. Deposition clips of their testimony later went viral .
Software development firm GitLab ( GTLB ) said it expects 14% of its global workforce to get impacted as part of a restructuring plan. The company expects to exit 22 countries to reduce its team member geographic footprint by about 37%, it said in a filing on Tuesday, adding that it would incur nearly $30 million to $35 million in pre-tax restructuring charges. The charges would consist primarily ...
Software development firm GitLab ( GTLB ) said it expects 14% of its global workforce to get impacted as part of a restructuring plan. The company expects to exit 22 countries to reduce its team member geographic footprint by about 37%, it said in a filing on Tuesday, adding that it would incur nearly $30 million to $35 million in pre-tax restructuring charges. The charges would consist primarily of one-time severance, employee termination benefit costs, and retention costs associated with the execution of the restructuring. The company expects to incur nearly $19M in the second quarter of fiscal year 2027, with most of the remainder expected to be recognized over the following three quarters. “The plan is intended to help position the company for long-term success by realigning its operating structure to optimize execution against its strategic priorities,” the company said. GitLab expects the restructuring to be substantially complete by the end of fiscal 2027. Last month, GitLab said it is restructuring its operations as it shifts toward a leaner organization. The company also stated that it is automating more internal processes using AI agents. Shares of the company, which also posted first-quarter results beat, surged over 7% in extended trading on Tuesday. More on GitLab GitLab: Something Needs To Change GitLab: Finally Time For A Bullish Stance GitLab: Growth Is Slowing, But Cheap Enough To Keep Buying Stocks to watch on Tuesday after-hours: PANW, ULTA, GTLB GitLab Non-GAAP EPS of $0.23 beats by $0.03, revenue of $264.16M beats by $9.64M
Introduction Artificial intelligence has become one of the strongest investment themes in technology history. Since the emergence of generative AI, investors have poured billions of dollars into companies positioned to benefit from the enormous infrastructure spending required to train and deploy increasingly sophisticated AI models. No company has benefited more directly than Nvidia (NVDA), whose...
Introduction Artificial intelligence has become one of the strongest investment themes in technology history. Since the emergence of generative AI, investors have poured billions of dollars into companies positioned to benefit from the enormous infrastructure spending required to train and deploy increasingly sophisticated AI models. No company has benefited more directly than Nvidia (NVDA), whose ... The Hidden Beneficiary of Nvidia’s AI Dominance
Key PointsGlobal X - MLP & Energy Infrastructure ETF offers a significantly higher dividend yield than State Street SPDR S&P Oil & Gas Exploration & Production ETF
Key PointsGlobal X - MLP & Energy Infrastructure ETF offers a significantly higher dividend yield than State Street SPDR S&P Oil & Gas Exploration & Production ETF
A screen of U.S. stocks with market capitalizations between $2B and $10B highlights names like Ormat, TransAlta, and Chesapeake Utilities among the market's least attractively valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG...
A screen of U.S. stocks with market capitalizations between $2B and $10B highlights names like Ormat, TransAlta, and Chesapeake Utilities among the market's least attractively valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, EV/Sales, EV/EBITDA, EV/EBIT, Price/Sales, Price/Book, Price/Cash Flow, and dividend yield, using both current and forward estimates. Here are the most expensive U.S. mid-cap utility stocks by valuation grade Ormat Technologies, Inc. ( ORA ) — F TransAlta Corporation ( TAC ) — F American States Water Company ( AWR ) — D- IDACORP, Inc. ( IDA ) — D- Chesapeake Utilities Corporation ( CPK ) — D MDU Resources Group, Inc. ( MDU ) — D TXNM Energy, Inc. ( TXNM ) — D MGE Energy, Inc. ( MGEE ) — C- Otter Tail Corporation ( OTTR ) — C- California Water Service Group ( CWT ) — C More on Ormat Technologies Ormat Technologies, Inc. 2026 Q1 - Results - Earnings Call Presentation Ormat Technologies, Inc. (ORA) Q1 2026 Earnings Call Transcript Ormat Technologies: The AI Investment Not On People's Radar These 10 mid-cap U.S. stocks carry the market's least attractive valuations Ormat outlines $1.11B-$1.16B 2026 revenue guidance while advancing 2-4 MW EGS pilots for 2027
While the majority of Summer Game Fest takes place over the weekend, Sony is getting a jump on things with its next State of Play showcase, which airs on June 2nd at 5PM ET. It’s coming at a pivotal time for the PlayStation brand: The PS5 keeps getting more expensive and Sony’s big bet on live-service games has largely fallen flat . A good showing at SGF won’t fix everything, but it could help sho...
While the majority of Summer Game Fest takes place over the weekend, Sony is getting a jump on things with its next State of Play showcase, which airs on June 2nd at 5PM ET. It’s coming at a pivotal time for the PlayStation brand: The PS5 keeps getting more expensive and Sony’s big bet on live-service games has largely fallen flat . A good showing at SGF won’t fix everything, but it could help show that PlayStation is on the right path moving forward . For its part, Sony says its latest State of Play will feature “more than 60 minutes of updates, announcements, and gameplay reveals from top studios around the world.” The only confirmed part of the event’s lineup is Wolverine , from Spider-Man developer Insomniac, which is slated to launch in September . But given the length of the stream, there’ll be plenty more detailed. Maybe we’ll see the just-announced third expansion for The Witcher 3 , or the long-awaited final installment of the Final Fantasy VII remake trilogy, or some more of Intergalactic , the next big project from The Last of Us developer Naughty Dog. It’s also likely the event will provide some insight into the uncertain future of Marathon . Whatever Sony shows, you can watch along on YouTube or Twitch , or follow along with the latest developments right here. And for everything announced at the rest of Summer Game Fest, be sure to check out our event hub . PlayStation’s next big State of Play kicks off soon. Summer Game Fest is getting off to an early start.
DOGE Alumni Launch AI Startup To Target Waste On Main Street - And Already Have Their First Target Two alumni of the Department of Government Efficiency are bringing their cost-cutting experience from Washington to the private sector , launching Special, a startup that aims to harness artificial intelligence to wring inefficiencies out of what it describes as America's $10 trillion Main Street ser...
DOGE Alumni Launch AI Startup To Target Waste On Main Street - And Already Have Their First Target Two alumni of the Department of Government Efficiency are bringing their cost-cutting experience from Washington to the private sector , launching Special, a startup that aims to harness artificial intelligence to wring inefficiencies out of what it describes as America's $10 trillion Main Street services economy. Nate Cavanaugh and Justin Fox spent much of 2025 at DOGE, where they spearheaded the Small Agencies team. Their government stint, under the high-profile effort led by SpaceX and Tesla CEO Elon Musk, contributed to approximately $215 billion in estimated savings . The pair departed in September 2025. In the spirit of DOGE, Figure Health plans to open source all of its billing claims, allowing the public to have full visibility into our Medicare and Medicaid... - Nate Cavanaugh (@natecavanaugh) June 2, 2026 " Similar to the government, Main Street is massive, highly unoptimized, and provides essential services to Americans. One needs to look no further than childcare learning centers in Minnesota or hospice businesses in California to find immense waste at the state level from businesses that benefit from taxpayer dollars," the founders wrote in their announcement. "AI provides a generational opportunity to transform the efficiency of these businesses, root out waste, and deliver a great customer experience for American taxpayers. Through this process, we believe we can set a new standard for how these businesses should operate." Special is reportedly building what it calls SpecialOS, an operating system that integrates frontier AI models with proprietary tools to automate manual tasks like billing, scheduling, and insurance processing. Instead of licensing the technology broadly, the company plans to vertically integrate by acquiring and operating businesses in targeted industries, allowing it to control deployment and outcomes. The first product, Figure Healt...