Investing.com -- Semiconductor stocks declined Tuesday after South Korean policymakers proposed a "citizen dividend" funded by taxes on AI profits, sparking concerns about potential levies on chipmakers.
Investing.com -- Semiconductor stocks declined Tuesday after South Korean policymakers proposed a "citizen dividend" funded by taxes on AI profits, sparking concerns about potential levies on chipmakers.
Check out the companies making headlines before the bell: Under Armour — The sportswear company slid 14% after posting a loss of 3 cents on revenue of $1.17 billion. Analysts polled by LSEG were anticipating a loss of 2 cents on revenue of $1.68 billion. GameStop , eBay — Shares of GameStop dropped more than 4% after online retailer eBay turned down a $56 billion takeover bid Tuesday from the elec...
Check out the companies making headlines before the bell: Under Armour — The sportswear company slid 14% after posting a loss of 3 cents on revenue of $1.17 billion. Analysts polled by LSEG were anticipating a loss of 2 cents on revenue of $1.68 billion. GameStop , eBay — Shares of GameStop dropped more than 4% after online retailer eBay turned down a $56 billion takeover bid Tuesday from the electronics retailer over doubts over the financing of the deal. Shares of Ebay were slightly lower. On Holding — The running shoes maker fell 5% in the premarket even after it reported first-quarter earnings and revenue that beat analyst expectations. On also reiterated its full-year net sales growth outlook and increased its earnings guidance. Wendy's — Shares rallied more than 23% after The Financial Times reported , citing people familiar with the matter, that Nelson Peltz's Trian Fund Management was looking to raise funds for a bid to take the fast food chain private. ZoomInfo Technologies — Shares of the market intelligence platform tumbled more than 33% after cutting full year revenue guidance to a range of $1.185 billion to $1.205 billion. The company's prior forecased ranged between $1.247 billion and $1.267 billion. Plug Power — The hydrogen fuel supply company rallied more than 7% after posting a narrower-than-expected loss of 8 cents in the first quarter, on an adjusted basis. Analysts polled by FactSet expected a loss of 10 cents per share. Revenue of $163.5 million exceeded a consensus estimate of $139.9 million. Hims & Hers Health — Shares tumbled 14% after the telehealth company issued disappointing earnings guidance . AST SpaceMobile — The developer of satellites tumbled 12% after it reported a larger-than-expected loss for the first quarter. The company also reaffirmed its full-year revenue guidance or $150 million to $200 million. GitLab — Shares plunged 11% after CEO Bill Staples outlined a broad restructuring plan tied to the software company's move into ag...
wallix/iStock Editorial via Getty Images Siemens ( SIEGY ) is exploring a potential acquisition of Mer Mec, an Italian maker of signaling and communications equipment for trains, in a deal that could be valued at slightly more than €1B (~$1.2B), Bloomberg reported Tuesday. An acquisition of Mer Mec, which could be announced this week, would be intended to strengthen the technology and software ...
wallix/iStock Editorial via Getty Images Siemens ( SIEGY ) is exploring a potential acquisition of Mer Mec, an Italian maker of signaling and communications equipment for trains, in a deal that could be valued at slightly more than €1B (~$1.2B), Bloomberg reported Tuesday. An acquisition of Mer Mec, which could be announced this week, would be intended to strengthen the technology and software part of Siemens Mobility, the group's trainmaking division. The Italian company, which is owned by investment holding company Angel Holding, makes inspection and measuring technologies for railways, as well as train signaling systems and electrification and communication systems; its products and services are used in ~60 countries. More on Siemens Siemens: Prospects Appear Baked In For Now Siemens: A Case To Be Made For The Macro-Related Downside Siemens Q1 2026 Earnings Call Presentation
Summit Ridge Energy has completed a 1.62 MW rooftop community solar project in Melrose Park, Illinois, as part of the Illinois Shines program, which supports equitable access to clean energy. The project, developed alongside LBA Logistics and Black Bear Energy, will provide over 2 million kWh of renewable energy annually, enough to power over 200 homes, and promises utility bill savings of 10–20% ...
Summit Ridge Energy has completed a 1.62 MW rooftop community solar project in Melrose Park, Illinois, as part of the Illinois Shines program, which supports equitable access to clean energy. The project, developed alongside LBA Logistics and Black Bear Energy, will provide over 2 million kWh of renewable energy annually, enough to power over 200 homes, and promises utility bill savings of 10–20% for subscribers, particularly benefiting low-to-moderate income households in an Environmental...
Income investors holding iShares MSCI Europe Financials ETF (NASDAQ:EUFN) are sitting on a fund that has done two things at once: handed them a roughly 3.5% yield and delivered a 28% one-year return. The question every EUFN holder should be asking is whether the income side of that equation is built on durable bank and ... Why EUFN’s Juicy Payouts Could Vanish Overnight Without U.S. Bank ETF Safeg...
Income investors holding iShares MSCI Europe Financials ETF (NASDAQ:EUFN) are sitting on a fund that has done two things at once: handed them a roughly 3.5% yield and delivered a 28% one-year return. The question every EUFN holder should be asking is whether the income side of that equation is built on durable bank and ... Why EUFN’s Juicy Payouts Could Vanish Overnight Without U.S. Bank ETF Safeguards
Bet_Noire/iStock via Getty Images I started coverage of Whirlpool ( WHR ) back in 2024 with an initial neutral rating , I turned more bullish in 2024, primarily based on the firm's attractive dividend payments, and attractive valuation metrics at that time. Earlier this year, I once again became more cautious and downgraded WHR from buy to hold. The main reasons for my downgrade were the weak hous...
Bet_Noire/iStock via Getty Images I started coverage of Whirlpool ( WHR ) back in 2024 with an initial neutral rating , I turned more bullish in 2024, primarily based on the firm's attractive dividend payments, and attractive valuation metrics at that time. Earlier this year, I once again became more cautious and downgraded WHR from buy to hold. The main reasons for my downgrade were the weak housing market, poor consumer sentiment and elevated energy prices - but I still found the firm attractive based on its dividends. This is no longer the case, however, as the firm suspended its dividend payments, due to the extreme margin compression, and shifted their focus on reducing debt. Without the dividend, I no longer think it is worth holding the stock to wait for a turnaround to materialize. Results Let us start our discussion by looking at the most recent quarterly results and highlighting the key drivers why WHR is struggling so much right now. First, the net sales declined by as much as 9.6%, which was driven by a 6.1% organic decline due to poor demand. Q1 results (Whirlpool) The declining sales is not the only issue though. In the firm's largest segment MDA NAR, not only sales fell, but the margin also contracted very dramatically. And by very dramatic I mean roughly 95% YoY. MDA NAR (Whirlpool) Furthermore, the firm also expects the headwinds to keep negatively impacting the results in full year 2026. As a result, their guidance hit a much more pessimistic tone than before, expecting sales and EBIT to be both declining. Segment guidance (Whirlpool) Overall, they hit a very negative tone, when talking about the results, comparing the current collapse in demand and margins to previous crisis environments, like 2001, 2007-2009 and 2020. Industry decline (Whirlpool) In my view, based on these fundamentals, it is no longer worth owning WHR. When looking at consumer confidence, a key leading economic indicator, I also cannot get too optimistic about a quick turnaround...
Welcome to our guide to the commodities driving the global economy. Today, reporter Alex Longley looks at the factors helping to shield the oil market from the effects of the Iran war and the risks ahead. Ever since the war in Iran began, the oil market has been pulling every lever it can to make sure the world has enough supply. In the past few weeks, two measures in particular have come to the f...
Welcome to our guide to the commodities driving the global economy. Today, reporter Alex Longley looks at the factors helping to shield the oil market from the effects of the Iran war and the risks ahead. Ever since the war in Iran began, the oil market has been pulling every lever it can to make sure the world has enough supply. In the past few weeks, two measures in particular have come to the fore. Traders are now questioning how much longer they can be sustained. The first has been an unprecedented surge in US exports. Toward the end of last month, the country was exporting more than 14 million barrels of crude and refined products a day, an all-time high. The increase has been propelled in part by efforts to tap emergency stockpiles , with the latest weekly drawdown totaling a record 1.22 million barrels a day. Those releases have more room to run. But they can’t continue indefinitely, and pressure on inventories is likely to intensify as the summer driving season approaches. The other key factor keeping a lid on prices has been less obvious, but arguably more impactful — a sudden collapse in Chinese crude purchases. Some of the nation’s large oil companies have been reselling cargoes from West Africa in recent weeks. The move came shortly after state refiners were given permission to draw from commercial storage, helping to ease supply pressures. Crude futures are up almost 50% since the start of the war, with the effective closure of the crucial Strait of Hormuz keeping vast quantities locked up in the Persian Gulf. But prices haven’t breached levels seen in 2022, when Russia’s full-scale invasion of Ukraine drove benchmark Brent toward $130 a barrel. The boss of trading house Mercuria Energy Group Ltd. said late last month that Chinese selling had “taken out a lot of demand from various countries,” but that the move could only continue for another three weeks or so. Morgan Stanley also said that China’s slowing imports — and America’s robust exports — can’t ...
Over the last 7 days, the United States market has risen 2.6% and is up 26% over the last 12 months, with earnings forecasted to grow by 17% annually. In this favorable environment, growth companies with strong insider ownership can be particularly appealing as they often align management's interests with those of shareholders, potentially driving long-term value creation.
Over the last 7 days, the United States market has risen 2.6% and is up 26% over the last 12 months, with earnings forecasted to grow by 17% annually. In this favorable environment, growth companies with strong insider ownership can be particularly appealing as they often align management's interests with those of shareholders, potentially driving long-term value creation.
adventtr Quantum Computing ( QUBT ) was in focus on Tuesday as the quantum computing company said its first-quarter revenue surged nearly 9,000%. As such, Wedbush Securities believes the firm has become “bigger [and] better” due to acquisitions, and its story is still in the “early days.” Shares jumped nearly 25% in premarket trading, while other quantum stocks, such as Rigetti Computing ( RGTI ),...
adventtr Quantum Computing ( QUBT ) was in focus on Tuesday as the quantum computing company said its first-quarter revenue surged nearly 9,000%. As such, Wedbush Securities believes the firm has become “bigger [and] better” due to acquisitions, and its story is still in the “early days.” Shares jumped nearly 25% in premarket trading, while other quantum stocks, such as Rigetti Computing ( RGTI ), IonQ ( IONQ ), and D-Wave Quantum ( QBTS ) also rose. Rigetti also reported first-quarter results. “We continue to expect the recently completed acquisition of LSI to contribute between $20M to $25M in revenue in 2026, with LSI expected to bolster QUBT's semiconductor capabilities that will expand the company's addressable market and strengthen its ability to deliver integrated photonic solutions at scale,” Wedbush analyst Antoine Legault wrote in a note to clients. “Net, while we are encouraged by the company's 1Q26 results and forward commentary, we maintain our NEUTRAL rating and $12 PT on QUBT and continue to view the company as a 'show me' story given it remains at an earlier stage of development than its public peers with a considerably lower quantum hardware revenue base.” Hoboken, N.J.-based Quantum Computing said first-quarter revenue was $3.69M, which was above the $3.28M estimate. Revenue was aided by the acquisitions of Luminar Semiconductors in February 2026 and NuCrypt in March 2026. The company ended the quarter with $1.4B in cash and equivalents and a $16M contract backlog. More on Quantum Computing Quantum Computing Inc. (QUBT) Q1 2026 Earnings Call Transcript D-Wave Quantum Vs. Quantum Computing: Early Revenue Premium Masks Long-Term Parity Quantum Computing: Rating Upgrade After Q4 Inflection Quarter Biggest stock movers Tuesday: PLUG, HIMS, and more Quantum Computing outlines Fab 2 planning as Q1 revenue reaches $3.7M following Luminar and NuCrypt acquisitions
Keir Starmer was facing growing pressure to step down as Britain’s prime minister after dozens of members of Parliament, including Cabinet allies, joined the calls for him to set out a timetable for his departure. The pound extended losses and Gilts came under further pressure, with the yield on 10-year notes jumping beyond 5.10%. The yield on 30-year debt hit its highest level since 1998. The Ope...
Keir Starmer was facing growing pressure to step down as Britain’s prime minister after dozens of members of Parliament, including Cabinet allies, joined the calls for him to set out a timetable for his departure. The pound extended losses and Gilts came under further pressure, with the yield on 10-year notes jumping beyond 5.10%. The yield on 30-year debt hit its highest level since 1998. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
A Spanish passenger evacuated from the cruise ship at the centre of a hantavirus outbreak has tested positive for the virus, Spain’s health ministry announced on Tuesday as the World Health Organization said it has now confirmed 11 cases, including three people from the cruise who died. The passenger with the new confirmed case of hantavirus was in quarantine in a military hospital in Madrid, wher...
A Spanish passenger evacuated from the cruise ship at the centre of a hantavirus outbreak has tested positive for the virus, Spain’s health ministry announced on Tuesday as the World Health Organization said it has now confirmed 11 cases, including three people from the cruise who died. The passenger with the new confirmed case of hantavirus was in quarantine in a military hospital in Madrid, where 13 other Spanish nationals evacuated on Sunday – who all tested negative for the virus – also are...