Shares of housing-related stocks Pool Corp. (NASDAQ: POOL), Home Depot (NYSE: HD), and Lowe’s (NYSE: LOW) were falling in Tuesday’s trading, down 6.9%, 4.1%, and 4.6%, respectively, as of 1:12 p.m. ET. When housing-related names all fall in tandem, it’s likely a sign of something going awry with either one major name, or more generally […]
Tag: Corp
Carnival Corp raises annual profit forecast again on steady cruise demand
(Reuters) -Carnival Corp raised its annual profit forecast on Tuesday for the second time this year, banking on higher prices for its itineraries and sustained demand for cruise holidays to destinations such as the Caribbean and Alaska. The company’s U.S.-listed shares, which have fallen more than 11% this year, rose 6.5% to $17.45. 2024 has […]
Carnival Corp raises annual profit forecast again on steady cruise demand
(Reuters) – Carnival Corp raised its annual profit forecast on Tuesday for the second time this year, banking on higher prices for its itineraries and sustained demand for cruise holidays to destinations such as the Caribbean and Alaska. The company’s U.S.-listed shares, which have fallen more than 11% this year, rose 6% in early trading. […]
Analyst Says NVIDIA Corp (NASDAQ:NVDA) is the “Only Game In Town” for AI GPUs
We recently published a list of the 12 Best AI Stocks Leading the ‘Big Tech Race’ to $4 Trillion According to a Famous Wall Street Analyst. Since NVIDIA Corp (NASDAQ:NVDA) ranks 4th on the list, it deserves a deeper look. Wedbush Securities analyst Dan Ives has said in a fresh note that major tech giants are […]
The Little Secret AGNC Investment Corp Doesn’t Want Income Investors To Know
The Little Secret AGNC Investment Corp Doesn’t Want Income Investors To Know Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. AGNC Investment Corp (NASDAQ:AGNC) has been trending for years as yield-chasing investors continue to hype it for its massive dividend. The mortgage REIT currently offers a […]
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Thinking Of Buying AGNC Investment Corp For Its 14.7% Yield? Consider This Alternative
Thinking Of Buying AGNC Investment Corp For Its 14.7% Yield? Consider This Alternative Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. AGNC Investment Corp (NASDAQ:AGNC) is a popular choice among income investors seeking high yields. As a publicly traded mortgage real estate investment trust (mREIT), AGNC […]
Analyst Sees a New $25 Billion “Opportunity” for NVIDIA Corp (NASDAQ:NVDA)
We recently published a list of 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. Since NVIDIA Corp (NASDAQ:NVDA) ranks 3rd on the list, it deserves a deeper look. The Federal Reserve now expects just one rate cut in this year, and the market’s reaction to this development has been calmer-than-expected, […]
Here’s How Many Shares Of Exxon Mobil Corp You Would Need To Earn $500 Per Month In Dividends
Here’s How Many Shares Of Exxon Mobil Corp You Would Need To Earn $500 Per Month In Dividends Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Dividend investing is back in the limelight as investors prepare for a higher-for-longer interest rate scenario amid elevated inflation and […]
Warren Buffett’s Strategic Acquisition in Occidental Petroleum Corp
Overview of the Recent Transaction On June 7, 2024, Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway made a significant addition to its investment portfolio by acquiring 2,565,477 shares of Occidental Petroleum Corp (NYSE:OXY). This transaction, executed at a price of $59.75 per share, not only underscores the firm’s confidence in OXY but also impacts its portfolio […]
X Corp. asks Supreme Court to review process that led Jack Smith to obtain Trump Twitter files
Last year, federal courts in Washington, D.C. forced Elon Musk’s X Corp. to fork over reams of data from Donald Trump’s account to special counsel Jack Smith without telling Trump and giving him a chance to intervene. Now the company is urging the Supreme Court to prevent such a scenario from unfolding again, a demand […]
Carnival Corp to fold P&O Cruises Australia brand into Carnival Cruise Line
Carnival Corp. will fold P&O Cruises Australia into Carnival Cruise Line next year. The cruise line operator will retire the P&O Cruises Australia brand in March 2025, the company announced Monday. “Despite increasing Carnival Cruise Line’s capacity by almost 25% since 2019 including transferring three ships from Costa Cruises, guest demand remains incredibly strong so […]