Financial
Smucker Chief People Officer Sells Shares to Cover Tax Obligations
ORRville, Ohio (AP) — Jill R. Penrose, the Chief People Officer of The J. M. Smucker Company, sold 1,461 shares of company stock on Wednesday to satisfy tax withholding obligations tied to the vesting...
Prosper Stars & Stripes cites TechTarget as top short position amid margin concerns
NEW YORK — Prosper Stars & Stripes identified TechTarget, Inc. (NASDAQ: TTGT) as the largest contributor to its short portfolio in its second-quarter 2026 investor letter released Wednesday. The inves...
Microsoft Stock Slips 3.5% as Investors Weigh High Capex Against Strong Azure Growth
REDMOND, Wash. — Microsoft Corp. shares fell 3.47 percent over the past week on the NASDAQ, marking a pivotal moment for investors weighing the technology giant's robust fundamentals against concerns ...
Grab Shares Dip on Rumors of Atome Financial Acquisition Talks
SINGAPORE — Shares of Grab Holdings Ltd. declined on Wednesday following news that the Southeast Asian super-app is in discussions to acquire Atome Financial, a Singapore-based buy-now-pay-later platf...
Zumiez Shares Plunge 16% After Earnings Miss and Weak Outlook
SEATTLE -- Zumiez Inc. shares tumbled 16.3% in after-hours trading on Thursday following the release of disappointing fiscal second-quarter earnings and a third-quarter outlook that fell significantly...
Adobe Shares Slide as Q4 Outlook Misses Estimates Despite Strong Third Quarter
SAN FRANCISCO — Adobe Inc. shares fell in after-hours trading on Wednesday after the software giant reported third-quarter earnings that surpassed Wall Street expectations, even as it issued a fourth-...
Analysts Highlight Semiconductor Equipment Firms as Top Buys Amid AI-Driven Memory Surge
PHOENIX (Sept. 10, 2026) — Analysts from 24/7 Wall St. have released a new report identifying Lam Research, KLA Corporation, and ASML Holding as the top three stocks to purchase immediately, citing a ...
1-800-Flowers Cuts Guidance, Announces Strategic Restructuring to Boost Efficiency
NEW YORK — 1-800-FLOWERS.COM, Inc. (FLWS) announced a significant shift in its financial outlook and operational strategy on Wednesday, projecting a decline in revenue while outlining a comprehensive ...
IonQ Shares Fall as Analysts Cite High Costs and Speculative Outlook
NEW YORK — IonQ Inc. shares declined on Wednesday following an investor day presentation in which the quantum computing firm outlined aggressive cost-reduction targets and a timeline for reaching...
U.S. Beer Makers Face Earnings Decline Amid Industry Contraction and Health Trends
MASSACHUSETTS — Major U.S. beer manufacturers are reporting declining earnings as the industry confronts a sustained contraction driven by falling per capita alcohol consumption, macroeconomic pressur...
Coinbase Partners with Moov to Bring Stablecoin Services to U.S. Community Banks
SAN FRANCISCO — Coinbase has entered into a strategic partnership with payments infrastructure provider Moov to deliver stablecoin payment services to more than 1,000 community banks and credit unions...
Portfolio Managers Turn to Municipal Bonds as Treasury Yields Rise
NEW YORK — Portfolio managers and investment strategists are increasingly directing client capital toward municipal bonds, citing the sector's high-yield potential amid a surge in U.S. Treasury yields...
AI Infrastructure Stocks Retreat as Investors Lock in Gains After Earnings Surge
NEW YORK — Shares of major artificial intelligence infrastructure providers Hewlett Packard Enterprise, Dell Technologies and Super Micro Computer experienced a sharp divergence on Thursday as investo...
Red Robin Completes Sale of 108 Company-Owned Restaurants for $89.4 Million
SEATTLE — Red Robin Gourmet Burgers, Inc. announced on Wednesday that it has completed the sale and refranchising of 108 company-owned restaurants across the United States, generating approximately $8...
RedHill Biopharma Acquires Global Rights to Rebyota and U.S. Clenpiq from Ferring
NEW YORK — RedHill Biopharma Ltd. (NASDAQ: RDHL) announced on Wednesday that it has secured exclusive global commercialization rights to Rebyota and exclusive U.S. commercialization rights to Clenpiq ...
Motley Fool Weighs Amgen and Moderna as Top Biotech Picks for 2026
SAN FRANCISCO — The Motley Fool published a comparative analysis on Wednesday evaluating Amgen Inc. and Moderna Inc. as potential investment opportunities leading into the final months of 2026. The fi...
Investment Analysis Highlights Power Infrastructure Plays Amid AI Surge
COLUMBUS, Ohio — A new investment analysis published Wednesday by The Motley Fool identifies American Electric Power Co. Inc. and Vertiv Holdings Co. as primary beneficiaries of the surging power dema...
MongoDB Reports Fiscal Second-Quarter Revenue Growth and Operating Profit
NEW YORK (AP) — MongoDB, Inc. reported fiscal second-quarter financial results on Thursday that showed revenue growth, improved profit margins, and a return to positive operating income. The database ...
GFL Environmental Completes Acquisition of SECURE Waste Infrastructure
CALGARY — GFL Environmental Inc. announced on Wednesday that it has completed its acquisition of SECURE Waste Infrastructure, a move designed to expand the company's specialized waste and energy-infra...
Designer Brands Raises Outlook Citing Tariff Refunds and Debt Reduction
NEW YORK — Designer Brands Inc. management on Wednesday updated its financial guidance, projecting improved performance for the fiscal year driven by significant tariff claim refunds, expanded gross m...
Comstock Resources Agrees to Sell Haynesville Assets to SOCAR for $1.65 Billion
HOUSTON (AP) — Comstock Resources Inc. announced Wednesday that it has signed a nonbinding letter of intent to sell its upstream interests in the Haynesville shale formation to Azerbaijan state-owned ...
Vince Holding Acquires OVO Operating Business to Enter Streetwear Sector
NEW YORK — Vince Holding Corp. announced on Wednesday the acquisition of the operating business of OVO, marking a strategic pivot into the high-growth streetwear market and establishing the company as...
Lovesac Reports Record Q2 Sales, Announces Strategic Shift to Multi-Platform Model
DENVER (Sept. 10, 2026) — The Lovesac Company announced record second-quarter sales on Wednesday, signaling a successful transition into a broader market strategy while outlining significant operation...
Alphabet Signs Historic Nuclear Deal to Power AI Infrastructure in Finland
HELSINKI — Alphabet Inc. has signed a landmark agreement with Finnish utility Fortum to extend the operational life of the Loviisa nuclear power plant through 2050, marking the technology giant's firs...
Macy's Q2 Earnings Surge as Strategic Overhaul Drives Revenue Growth
NEW YORK — Macy's, Inc. reported robust second-quarter results on Wednesday, driven by a comprehensive strategy of store reimagining, tighter brand curation, and significant operational efficiency gai...
Roblox Chief Legal Officer Sells Shares Under Pre-Planned Trading Arrangement
SAN FRANCISCO — Mark Reinstra, the Chief Legal Officer and Corporate Secretary of Roblox Corporation, sold 5,773 shares of the company's Class A Common Stock on Thursday. The transaction was executed ...
Barometer Capital Highlights Lam Research in Second-Quarter Investor Letter
NEW YORK — Barometer Capital Management released its second-quarter 2026 investor letter on Wednesday, detailing how semiconductor equipment manufacturer Lam Research Corporation delivered positive re...
Qorvo Shares Hit 52-Week High on Skyworks Acquisition Progress
SAN FRANCISCO — Qorvo Inc. shares surged nearly 6.9% to reach a new 52-week high on Wednesday as investors reacted positively to fresh developments regarding the company's pending acquisition by Skywo...
Rare Earth Stocks Tumble as U.S.-China Diplomatic Thaw Erodes Scarcity Premium
WASHINGTON — Shares of major U.S. rare earth producers plummeted on Wednesday as a sudden diplomatic thaw between Washington and Beijing eroded the scarcity premium that had fueled their valuations ov...
Coinbase CEO Armstrong Predicts Bitcoin Bottom Reached, Forecasts Market Surge Through 2028
SAN FRANCISCO — Brian Armstrong, chief executive officer of Coinbase Global, stated on Wednesday that Bitcoin has reached its price floor for the current market cycle and is positioned for a significa...