Financial
Memory Chip Stocks Surge as Goldman Sachs Signals Sector Breakout Amid Tight Supply
NEW YORK — Shares of major memory chip manufacturers rallied on Wednesday, breaking a summer-long downtrend as analysts at Goldman Sachs identified a technical breakout supported by light hedge fund p...
Analysts Highlight Market Shift to Industrials as Caterpillar Posts Strong Results
NEW YORK — Financial analysts are signaling a significant rotation of capital into the industrial and energy sectors, citing robust performance from major players like Caterpillar Inc. despite the hea...
American Century Fund Credits AMD for Second-Quarter Gains Amid AI Surge
SAN FRANCISCO — American Century Investments' Focused Dynamic Growth Fund reported that Advanced Micro Devices Inc. was a primary driver of its performance during the second quarter of 2026, as invest...
Ramsey's Debt-Free Philosophy Contrasts With Wall Street Stock Strategies in 2026 Financial Review
ATLANTA, Sept. 9 (AP) — Personal finance expert Dave Ramsey and analysts from 24/7 Wall St presented diverging investment philosophies today as the financial community examined strategies for debt eli...
Prosper Stars & Stripes Targets Cable One in Q2 Investor Letter Citing Fiber Competition
NEW YORK, Sept. 9 (AP) — Prosper Stars & Stripes disclosed a short position in Cable One, Inc. in its second-quarter 2026 investor letter released Wednesday, citing intensifying competition from fiber...
AT&T Bundles Amazon's Leo Satellite Broadband for Enterprise Rural Coverage
NEW YORK (AP) — AT&T Inc. announced Tuesday a strategic partnership with Amazon.com Inc. and SpaceX to bundle Amazon's Leo satellite broadband service with its existing fiber and 5G networks, creating...
SpaceX Share Unlock Triggers Sector-Wide Sell-Off on U.S. Markets
NEW YORK — Shares of SpaceX and related space sector companies tumbled on Wednesday as a scheduled insider share unlock event created significant supply pressure across the market. The move sent Space...
U.S. Corporations and Funds Pivot to Trump-Era Themes Amid Tariff Push
WASHINGTON — A wave of American corporations and financial entities is aggressively integrating political themes tied to the Trump administration's tariff policies and...
Uber, Rivian Forge $1.25 Billion Joint Venture for Autonomous Robotaxi Fleet
SAN FRANCISCO — Uber Technologies and Rivian Automotive announced a strategic partnership on Monday involving an investment of up to $1.25 billion by the ride-hailing giant into the electric vehicle m...
Oracle Posts Surging AI Revenue Amid Heavy Capital Spending and Cash Flow Deficit
ORACLE CORP reported a sharp increase in performance obligations and cloud revenue driven by surging demand for artificial intelligence infrastructure, even as the company navigates significant capita...
J.Jill Inc. Outlines Strategic Adjustments and Tariff Impacts Following Q2 Results
NEW YORK, Sept. 9 (AP) — J.Jill Inc. released an update on Wednesday detailing its business performance, strategic initiatives, and financial outlook following the conclusion of its second fiscal quar...
Chewy Reports Revenue Growth and AI Cost Savings Following Modern Animal Integration
CHICAGO (AP) — Chewy, Inc. management on Wednesday announced financial results for the fiscal period ending in September 2026, highlighting sustained revenue growth and significant cost-saving project...
Cognyte Reports Strong Financial Growth Driven by Sovereign AI Push
TEL AVIV (Sept. 9, 2026) — Cognyte Software Ltd. announced on Tuesday that it delivered strong financial results for the quarter, driven by a strategic pivot toward higher-quality revenue streams and ...
Cramer Bullish on Amazon Amidst Analyst Concerns Over Balance Sheet and AI Alternatives
NEW YORK — Prominent financial commentator Jim Cramer on Wednesday reiterated a bullish outlook for Amazon.com Inc., citing robust profitability in its cloud computing division and strategic artificia...
Motley Fool Urges Investors to Maintain Diversified Strategy Amid Market Volatility Concerns
NEW YORK, Sept. 9 (AP) — The Motley Fool advised long-term investors on Wednesday to maintain a diversified portfolio of stocks through dollar-cost averaging, even as concerns mount regarding potentia...
Burlington Stores Shares Plunge to 52-Week Low Amid Market Turbulence
NEW YORK — Burlington Stores Inc. shares tumbled to a 52-week low of $240.48 on Wednesday, marking a significant downturn for the discount retailer as it navigates an uncertain economic landscape in t...
Oil Spikes Past $100 as U.S. Forces Strike Iranian Tankers; Tech Stocks Rally on AI Gains
NEW YORK — U.S. equities slid broadly Wednesday as Brent crude surged past $100 per barrel following a military strike by American forces against five Iranian tankers, even as shares of Meta Platforms...
Pinterest Shares Slide After CEO Warns of International Headwinds
SAN FRANCISCO — Pinterest Inc. shares fell sharply on Tuesday following a stark warning from the company's chief executive regarding mounting challenges in its international markets. The social media ...
Wall Street Analysts Upgrade Marvell Technology on AI Infrastructure Outlook
SAN FRANCISCO — Wall Street analysts issued fresh buy ratings for Marvell Technology Inc. on Wednesday, citing accelerating artificial intelligence infrastructure spending and robust projections for c...
Treasury Bond Buyback Surges as Markets Tumble Amid Inflation and Geopolitical Fears
WASHINGTON — The U.S. stock market tumbled on Tuesday as the Treasury Department executed a record-breaking bond buyback program, even as technology giant Meta Platforms defied the broader downturn wi...
RCM Technologies Upgraded to Strong Buy by Zacks Equity Research on Earnings Outlook
CHICAGO, Sept. 9 (AP) — RCM Technologies Inc. received a significant upgrade from Zacks Equity Research on Tuesday, moving the healthcare data analytics firm to a Zacks Rank #1, or "Strong Buy," based...
HPE Shares Rise on Truist Upgrade Following Surging AI-Driven Q3 Earnings
HOUSTON (AP) — Hewlett Packard Enterprise Co. reported a sharp surge in third-quarter earnings on Wednesday, driven by robust demand for artificial intelligence infrastructure, prompting investment fi...
Octahedron Capital Names Carvana Top Holding in Q2 2026 Letter Amid AI Shift
NEW YORK, Sept. 9 (AP) — Octahedron Capital disclosed Tuesday that used-car retailer Carvana Co. has become one of its top five portfolio positions following the firm's second-quarter 2026 results, si...
New Analysis Outlines $150,000 Annual Dividend Strategy Using Seven-Holding Portfolio
NEW YORK — A new financial analysis released Tuesday by Advisor.com and the 247WallSt editorial team outlines a seven-holding dividend portfolio strategy designed to generate $150,000 in annual income...
Pinnacle Financial Partners CEO Acquires $250,000 in Company Stock
NASHVILLE — Kevin S. Blair, chief executive officer of Pinnacle Financial Partners Inc., purchased 2,565 shares of the regional bank's common stock on Sept. 1, 2026, for approximately $250,000. The tr...
Alphyn Capital Adds Biotech Firm AnaptysBio to Portfolio in Second Quarter
NEW YORK — Alphyn Capital Management disclosed on Wednesday that it has established a new position in AnaptysBio, Inc., marking a strategic entry into the biotechnology sector during the second quarte...
Nebius and IREN Report Diverging Strategies Amid AI Chip Shortage
NEW YORK — Two leading artificial intelligence infrastructure companies, Nebius Group and IREN, reported contrasting financial results on Wednesday as they navigate a persistent global shortage of hig...
AMD Stock Surges as CFO Projects $3 Trillion AI Chip Market by 2030
SAN FRANCISCO — Advanced Micro Devices Inc. shares climbed sharply on Tuesday after the company's chief financial officer projected a $3 trillion total addressable market for artificial intelligence c...
Tradr ETFs Launches 2x Inverse Fund Targeting Semiconductor Giant AXTI
CHICAGO — Tradr ETFs, in collaboration with AXS Investments, launched a new exchange-traded fund on the Cboe Global Markets on Wednesday designed to provide investors with two times inverse daily expo...
FormFactor Director Sells Shares Following Stock Price Surge
LIVERMORE, Calif. — Kelley Steven-Waiss, director of FormFactor Inc., sold 2,100 shares of the company's common stock on Sept. 3, 2026, in a transaction disclosed to regulators on Sept. 9. The sale re...