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Quick reading Apple (AAPL) reported Q2 revenue of $111.184 billion with 16.6% year-over-year growth across all geographic segments, 8 consecutive earnings per share and Services hitting a record $30.976 billion, although the stock is trading at a P/E of 37 with only an analyst consensus target of $315 offering minimal upside. Tim Cook’s departure eliminates…
Nuclear nanoenergy (NASDAQ: NNE) Shares soared 12% as of 11:40 a.m. ET on Tuesday after announcing that it just acquired a subsidiary that generates real revenue and is profitable to boot. Considering nanonuclear itself currently generates No revenue, this is great news for the new manufacturer of small modular (nuclear) power reactors. Will AI create…
He Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) offers low-cost exposure to large-cap giants, while the iShares Russell 2000 Growth ETF (NYSEMKT:IWO) targets smaller companies with potentially higher volatility and price sensitivity. Growth investors are often faced with a choice between established market leaders and emerging innovators. The Vanguard fund tracks the large-cap growth market and…
TGI Fridays has opened its new flagship outlet in New Delhi’s Connaught Place, as the American casual dining chain steps up its expansion in India. The restaurant was launched by Bistro Hospitality, the master franchisee of TGI Fridays in India, along with North India franchise partner Feastary Hospitality. Bistro Hospitality CEO Kuunal Maiti was cited…
Long-term money still hates software stocks, even at much cheaper valuations. That says a lot. In numbers: Mutual funds have entered the second quarter with their lowest exposure to software stocks since at least 2012, according to new research from Goldman Sachs. Excluding megacaps, mutual funds’ tilt between semiconductor and software stocks is the largest…
Diamond Hill Capital, a First Eagle Investment Management company, issued its Q1 2026 investor letter for its “large cap strategy.” A copy of the letter is available to download here. The strategy fell 2.39% (net of fees), lagging the Russell 1000 Value Index’s 2.10%. Performance was positively impacted by stock selection in the industrial and…
If true, the move would follow JD.com’s previous efforts in the UK, including its failed takeover bid for electrical group Currys and its decision last year to abandon talks to acquire Argos from Sainsbury’s. Both JD.com and The Very Group declined to comment on the speculation. News from heavenwhich was first to report on the…
The Insurance Council of Australia has called for a structural review of the Compensation of Last Resort Scheme (CSLR), warning that funding changes alone cannot make the scheme sustainable. The ICA’s position, set out in a submission to the Treasury’s options paper on the sustainability of the CSLR, is that reforms should target underlying cost…
By Elizabeth Howcroft PARIS, May 26 (Reuters) – European stock indices were mixed on Tuesday, retreating slightly from recent gains, and oil prices rose after fresh U.S. attacks in southern Iran dampened investors’ hopes that a U.S.-Iran peace deal could be imminent. Market sentiment had become more positive over the past week as traders bet…
Worried about an AI bubble? Sign up to The Daily Upside to receive smart, actionable market news designed for investors. On Thursday, Big Three automakers Stellantis announced a sweeping 60 billion euro ($69.6 billion) revival plan that includes the introduction of 60 new models this decade. Naturally, its New York-listed shares made only limited gains…
