IonQ (NYSE: IONQ) is showing real progress in scaling quantum computing through a successful photonic interconnect. The upside case is that IonQ could become part of the infrastructure layer for scalable quantum systems, but the stock's sharp rally means expectations are already
IonQ (NYSE: IONQ) is showing real progress in scaling quantum computing through a successful photonic interconnect. The upside case is that IonQ could become part of the infrastructure layer for scalable quantum systems, but the stock's sharp rally means expectations are already
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Best American AI Stocks to Buy Now. On May 7, Citi increased its price target on the stock to $225 from $210 and maintained a Buy rating, according to a report by TheFly. Citi made the upward price target adjustment following the company’s first-quarter earnings report. It […]
Palantir Technologies Inc. (NASDAQ:PLTR) is one of the Best American AI Stocks to Buy Now. On May 7, Citi increased its price target on the stock to $225 from $210 and maintained a Buy rating, according to a report by TheFly. Citi made the upward price target adjustment following the company’s first-quarter earnings report. It […]
NVIDIA Corp. (NASDAQ:NVDA) is one of the Best American AI Stocks to Buy Now. On May 6, NVIDIA announced a multiyear commercial and technology partnership with Corning Inc. aimed at expanding the U.S.-based manufacture of the advanced optical connectivity solutions needed to power next-generation AI infrastructure. Under the partnership, Corning will boost its U.S.-based optical […]
NVIDIA Corp. (NASDAQ:NVDA) is one of the Best American AI Stocks to Buy Now. On May 6, NVIDIA announced a multiyear commercial and technology partnership with Corning Inc. aimed at expanding the U.S.-based manufacture of the advanced optical connectivity solutions needed to power next-generation AI infrastructure. Under the partnership, Corning will boost its U.S.-based optical […]
Alphabet Inc. (NASDAQ:GOOGL) is one of the Best American AI Stocks to Buy Now. On May 5, Bloomberg reported that Alphabet raised over $17 billion by selling Euro-denominated bonds and its first Canadian-dollar notes to fund investments in artificial intelligence. According to the report, the company priced €9 billion ($10.5 billion) in euro bonds, citing […]
Alphabet Inc. (NASDAQ:GOOGL) is one of the Best American AI Stocks to Buy Now. On May 5, Bloomberg reported that Alphabet raised over $17 billion by selling Euro-denominated bonds and its first Canadian-dollar notes to fund investments in artificial intelligence. According to the report, the company priced €9 billion ($10.5 billion) in euro bonds, citing […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best American AI Stocks to Buy Now. On May 5, Amazon announced that its Amazon Business platform now offers same-day delivery of fresh, perishable groceries to business customers across the country, with the service available in more than 2,300 cities and towns across the U.S. Amazon said the […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best American AI Stocks to Buy Now. On May 5, Amazon announced that its Amazon Business platform now offers same-day delivery of fresh, perishable groceries to business customers across the country, with the service available in more than 2,300 cities and towns across the U.S. Amazon said the […]
Communications services stocks grabbed the spotlight this week as Wall Street digested earnings reports from major names, including Walt Disney ( DIS ) and Warner Bros. Discovery ( WBD ). The communications services sector ( XLC ) lost 0.8% so far this year, compared to the over 7% rise in the broader S&P 500 Index. In this week's earnings recap, eight tickers reported results, out of which three ...
Communications services stocks grabbed the spotlight this week as Wall Street digested earnings reports from major names, including Walt Disney ( DIS ) and Warner Bros. Discovery ( WBD ). The communications services sector ( XLC ) lost 0.8% so far this year, compared to the over 7% rise in the broader S&P 500 Index. In this week's earnings recap, eight tickers reported results, out of which three reported earnings beat. On the revenue side, seven companies exceeded revenue expectations, while one company trailed estimates. Below are the latest quarterly reports from some key players, which reported results this week: Shares of Walt Disney Company ( DIS ) rallied after the entertainment giant reported better-than-expected quarterly results, driven by improved streaming profitability and stronger guest spending across its resorts and cruise business. Meanwhile, Warner Bros. Discovery ( WBD ) posted a revenue drop in line with analyst expectations in its first-quarter earnings report, which arrived in the shadow of the company's tracking toward an acquisition by Paramount Skydance ( PSKY ). Revenues dipped about 1% year-over-year to $8.89B as reported, while net loss swelled to $2.92B from a year-ago loss of $453M. Electronic Arts ( EA ) reported revenue of $2.12B for FQ4 as it saw growth in both the full game and live services segments. For the full year, net bookings were up 9% to a record $8.03B. For the upcoming week, Fox ( FOXA ) is one important communication services name that is scheduled to report quarterly results. More on Communication Services Select Sector SPDR Fund A Subtle Change Took Place For The Capex Story After A Chaotic Q1, I'm Buying XLK And XLC As The Market Exhales XLC: Further TMT Downside Possible, Here's Where To Buy (Rating Downgrade) Tech carried the S&P 500 since the war began, according to Deutsche Bank Disney rally could boost these ETFs despite stock remaining down 12% YTD
halbergman/E+ via Getty Images Following an alleged tax evasion scheme and leadership changes , RCI Hospitality Holdings, Inc. ( RICK ) finally reported the company’s fiscal Q1 results from the October-December period on the 7 th of May. The nightclub operator’s sales momentum has turned into a very sharp downward trend, reflecting young people’s declining alcohol consumption and Bombshells’ conti...
halbergman/E+ via Getty Images Following an alleged tax evasion scheme and leadership changes , RCI Hospitality Holdings, Inc. ( RICK ) finally reported the company’s fiscal Q1 results from the October-December period on the 7 th of May. The nightclub operator’s sales momentum has turned into a very sharp downward trend, reflecting young people’s declining alcohol consumption and Bombshells’ continued strategic missteps. A turnaround isn’t in sight in my opinion. Regardless, RCI does continue to report fairly stable earnings while aggressively buying back shares. I downgraded my rating to Hold in my previous June 2025 article on the stock, titled “ RCI Hospitality: Several Concerning Trends To Note ”. The stock has since lost -36% of its value, meanwhile the S&P 500 has returned 23%. My Rating History on RICK (Seeking Alpha) RCI Q1 Review Nightclubs haven’t performed very well for RCI in recent times. The company’s Q1 results showed revenues of $62.3 million for nightclubs, up by $0.9 million year-on-year. Under the slight surface-level increase in revenues, RCI’s performance was much worse – same-store sales declined by approximately -5.8% according to a previous preliminary sales report . Slightly positive growth was only achieved as RCI generated $4.9 million in revenues from newly acquired or opened clubs. Existing nightclubs’ traffic seems to have gone down sharply. RCI Q1'FY26 Investor Presentation Alcoholic beverages are the clear soft spot for RCI; the revenue stream declined by -4.6%, while service revenues even grew by 6.7% and food & merchandise revenues stayed more stable at 1.8% growth. On a same-store basis, service revenues seemed to be relatively flat while other revenue streams weakened. I have noted declining alcohol consumption in previous articles on alcohol producers, but as I’ve already previously noted, RCI is clearly affected by the trend as well. Rising health consciousness, GLP-1s, economic concerns, and other factors have pushed U.S. alcoh...