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Top Midday Stories: Citi CEO Fraser Gives New ROTCE Targets; Datadog Shares Soar After Strong Earnings, Bullish Guidance
The Dow Jones Industrial Average was down, while the S&P 500 Index and the Nasdaq Composite were up
AVNS Gains After Posting Q1 Earnings Miss & Revenue Beat, Margins Down
Avanos Medical tops Q1 revenue estimates on strong SNS growth, but margin pressure and PM&R weakness weigh on earnings and profitability.
Why This Income Pro Likes Banks, Chip-Equipment Companies, and More
Michael Barclay, lead manager of the Columbia Dividend Income fund, favors dividend growers over high yields.
Datadog’s stock is soaring. Here’s how the company became such a crucial AI player.
AI is adding complexity to corporate systems, boosting demand for software that helps monitor security and outages.
Fortinet’s stock rockets higher as earnings help dispel fears of AI disruption
An “increasingly complex threat environment” is boosting demand for Fortinet’s cybersecurity offerings.
Howmet Stock Surges. The Iran Conflict Is No Problem For Commercial Aerospace.
The materials and parts provider reported first-quarter earnings per share of $1.22 form sales of $2.3 billion. Wall Street was looking for earnings per share of $1.11 from sales of $2.2 billion.
Fastly free falls despite Q1 beat as growth likely decelerates throughout year: analysts
2 AI Stocks That Could Double Your Money by the End of 2026
The terrific earnings growth potential of these two companies should supercharge their stock prices this year.
Teleflex expects 4.5%-5.5% 2026 pro forma revenue growth while starting $1B buyback in Q2 ahead of divestiture closings
Gladstone Capital signals modest asset growth with over $150M credit facility availability
MKS projects Q2 revenue of $1.2B as Malaysia supercenter opening set for June
The ‘SpaceX Mafia’ is here. Elon Musk’s big IPO could launch a constellation of new companies.
SpaceX employees and alumni have an ‘insane network’ and will soon be able to tap a lot of cash, expanding the mini-SpaceXs orbiting the upcoming IPO