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SLB Tops Earnings Estimates and Boosts Dividend. International Growth Is Strong.
Barrons· 2024-01-19 12:29
Shares of SLB were trading higher after the oil services provider formerly known as Schlumberger topped earnings estimates and raised its quarterly dividend. ...
Amazon's AWS Plans $15 Billion Cloud Investment in Japan
Barrons· 2024-01-19 10:20
Amazon’s AWS Plans $15 Billion Cloud Investment in Japan. It Wants Global Domination. ...
iRobot Stock Plunges as Its Takeover by Amazon Likely Is Dead
Barrons· 2024-01-19 10:18
Amazon’s $1.4 billion deal for Roomba-maker iRobot looks set to be blocked by European Union antitrust authorities. It’s only a small setback for the e-commerce giant but it’s a reminder that regulators are still skeptical over acquisitions made by big technology companies. ...
TSMC Stock Rises on Bullish Call for Chip Growth. What It Means for Apple and Nvidia.
Barrons· 2024-01-18 11:16
Taiwan Semiconductor Manufacturing said Thursday that it expects revenue growth this year to be at least 20%, more than double the rate of the wider chip market. That should be good news for its customers Nvidia and Apple, although TSMC cautioned on short-term smartphone weakness. ...
Boeing Stock Is Rising. It's Got a Big Order for More MAX Jets.
Barrons· 2024-01-18 09:59
Airplane maker Boeing got an order for an additional 150 737 MAX jets on Thursday. It could be seen as a vote of confidence in the company after a door plug blew out of an aircraft earlier this month. ...
Tesla and China Usher in EVmageddon
Barrons· 2024-01-18 08:00
Electric vehicle stocks are having an awful start to the new year. Tesla’s price cuts and China’s economic data are dragging down investor sentiment, even though there are still some reasons for optimism. ...
Iger's Problem at Disney: Power Has Moved to the Viewers
Barrons· 2024-01-18 06:00
Two Novembers ago, when Walt Disney announced Bob Iger’s immediate return as chief executive officer, the stock jumped from about $92 to over $97. It’s back down to $90, and Wall Street overwhelmingly says to buy. After all, shares were more than twice this price less than three years ago. ...
Verizon to Take a $5.8 Billion Charge. Businesses Just Aren't Using Landlines.
Barrons· 2024-01-17 17:21
Verizon Communications isn’t selling as many landlines to businesses as it once did. ...
Tesla, Apple, Caterpillar Stocks Fall. These Companies Are Exposed to China's Slowing Growth.
Barrons· 2024-01-17 16:34
Shares of Tesla, Apple, and Caterpillar —all of which derive sizable sales from China—were falling on the heels of disappointing economic data. ...
Boeing 737 MAX Supplier Gets a Bold New Buy Rating. The Stock Is Moving.
Barrons· 2024-01-17 13:41
Not all Wall Street ratings and ratings changes qualify as bold calls. Some do. ...