Wall Street’s most hated stocks are faring far better than its favorites
The thrashing that Wall Street’s artificial-intelligence darlings have taken over the past few months has led to an unusual situation in the U.S. stock market.
The thrashing that Wall Street’s artificial-intelligence darlings have taken over the past few months has led to an unusual situation in the U.S. stock market.
Last week, Space Exploration Technologies Corp (SPCX -0.40%) released its latest quarterly numbers, which showed impressive year-over-year earnings growth. The business has gone from a loss a year ago to now being solidly in the black. On an adjusted-earnings basis, its bottom line also quadrupled. There was a lot for investors to like about the…
Key insight: Jack Henry said it was extorted and that it will not pay. The hackers’ deadline then passed without the stolen data appearing. What’s at stake: The account holder count is unknown, because “fewer than 10 clients” counts institutions rather than people. Supporting data: Financial services companies paid ransomware extortionists roughly $365.6 million across…
Humana surges: Barclays bets big on Medicare star ratings rebound
Choosing between a niche equipment provider and a diversified industry titan requires balancing high growth potential against established stability. Here is how Aehr Test Systems (AEHR +3.25%) and KLA (KLAC +4.74%) compare for investors. Aehr Test Systems focuses on specific stress-testing solutions for power semiconductors and memory, while KLA provides broad process control tools used…
Dollar stays near 18-month high as Mideast conflict, inflation data in focus
Colliers announced the completion of a 27,297-square-foot office and retail lease for Banco do Brasil Americas (BB Americas Bank), which will establish its U.S. headquarters at Brickell Arch in Miami’s financial district. Colliers’ Tom Farmer, Stephen Rutchik, and Ana Paula represented ownership, Gaedeke Group, in the lease negotiations. Tony Jones of Cushman & Wakefield represented…