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FCC Greenlights $8 Billion Paramount-Skydance Merger After Skydance Vows To End DEI Programs
Forbes· 2025-07-24 22:25
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on ... More March 9, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)An $8 billion merger between Paramount and Skydance Media was approved by the Federal Communications Commission on Thursday, according to multiple outlets , after Skydance said it would end diversity, equity and inclusion considerations in hiring, promotions, development and compensation.The FCC greenlit t ...
Bull Signal Flashing For Struggling Footwear Name
Forbes· 2025-07-24 18:55
Core Viewpoint - On Holding (ONON) is experiencing volatility, currently trading at $49.94, down 3.2% in the afternoon, with an 8.5% year-to-date deficit, but historical patterns suggest potential for recovery [1] Group 1: Stock Performance - Since mid-June, ONON has faced resistance at $55, limiting breakout attempts and contributing to its year-to-date underperformance [1] - Historical data indicates that after similar market conditions, ONON has increased in value 75% of the time, averaging a 10.6% gain one month later [2] Group 2: Technical Indicators - ONON is currently within one standard deviation of the 80-day moving average, having spent 80% of the past two months above this average [2] - The stock's recent trading behavior suggests a potential upward movement if the historical trend continues [2] Group 3: Market Sentiment - Options traders exhibit extreme bearish sentiment, with a put/call open interest ratio of 1.66, placing it in the 99th percentile of the past year [4] - A reversal of this bearish sentiment could provide additional support for ONON's stock price [4]
International Business Machines Enters Oversold Territory
Forbes· 2025-07-24 16:55
Group 1 - The DividendRank formula ranks International Business Machines (IBM) among the top 50% of dividend stocks, indicating strong fundamentals and attractive valuation for investors [1] - IBM shares entered oversold territory with a Relative Strength Index (RSI) reading of 28.1, below the oversold threshold of 30, suggesting potential buying opportunities [2][3] - The average RSI for the universe of dividend stocks is 55.7, highlighting IBM's relative weakness in momentum compared to its peers [3] Group 2 - IBM's recent annualized dividend is $6.72 per share, translating to an annual yield of 2.38% based on a share price of $282.01 [3] - The heavy selling pressure indicated by the low RSI may be exhausting, presenting a potential entry point for bullish investors [4] - Investors are encouraged to examine IBM's dividend history to assess the likelihood of continued dividend payments [4]
TMUS Makes Bullish Cross Above Critical Moving Average
Forbes· 2025-07-24 16:55
Group 1 - T-Mobile US Inc shares crossed above their 200-day moving average of $238.93, reaching a high of $251.75 per share, and are currently up about 5.8% on the day [1] - The 52-week low for T-Mobile US Inc shares is $173.74, while the 52-week high is $276.49, with the last trade recorded at $248.05 [4]
ServiceNow Stock Up 4% After Guidance Raise On Agentic AI Growth
Forbes· 2025-07-24 14:25
Core Viewpoint - ServiceNow's strong second quarter performance, driven by agentic AI adoption, led to an increase in revenue guidance and a 4.8% rise in stock price on July 24 [1][4]. Financial Performance - ServiceNow reported second quarter revenue of $3.22 billion, a 23% increase year-over-year, exceeding the London Stock Exchange Group consensus by $100 million [3]. - The adjusted earnings per share for Q2 were $4.09, surpassing analyst expectations by 63 cents [3]. - Continuing remaining performance obligations (CRPO) reached $10.92 billion, reflecting a 25% increase [3]. Future Guidance - The company raised its 2025 subscription revenue guidance to $12.79 billion, which is $10 million above analyst estimates and $150 million higher than previous forecasts [4]. - ServiceNow's CEO indicated that the adoption of artificial intelligence is a key factor in the company's growth and guidance increase [4][6]. Growth Drivers - The integration of agentic AI into business processes is expected to enhance productivity and drive demand, particularly in customer service and relationship management [5][8]. - ServiceNow's AI business has reportedly quadrupled year-over-year, with average deal sizes increasing by one-third [10]. - The company anticipates significant growth in the Indian market, projecting a 115% increase in annual contract value from $130 million in 2024 to approximately $280 million by 2027 [15][16]. Market Opportunities - ServiceNow's CRM business is already generating $1.4 billion, with recent acquisitions expected to further boost growth [14]. - The company is well-positioned to capitalize on the demand for AI-driven solutions across various industries, including banking, manufacturing, and telecommunications [16][19]. Analyst Sentiment - Analysts express optimism regarding ServiceNow's performance, with an average price target of $1,096, indicating a potential 10% upside [18][21]. - The CFO highlighted that the combination of AI, data, and workflows is transformative for enterprises, contributing to significant deal volume growth [19].
Will Q2 Results Move Charter Communications' Stock Up?
Forbes· 2025-07-24 14:10
Photo illustration by Cheng Xin/Getty ImagesGetty Images Charter Communications (NASDAQ: CHTR) is scheduled to release its fiscal second-quarter earnings on Friday, July 25, 2025. Analysts expect the company to report earnings of $9.70 per share on $13.75 billion in revenue. This would indicate a 13% increase in earnings and stable revenue growth compared to last year's figures of $8.59 per share and $13.69 billion, respectively. Historical data reveals that the stock has risen 55% of the time in the day fo ...
How Will Phillips 66 Stock React To Its Upcoming Earnings?
Forbes· 2025-07-24 14:05
Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty Images Phillips 66 (NYSE: PSX) is scheduled to announce its fiscal second-quarter earnings on Friday, July 25, 2025. Analysts expect the company to declare earnings of $1.75 per share with sales amounting to $32.1 billion. This would mark a 26% decrease in earnings and a 16% drop in sales when compared to last year's figures of $2.38 per share and $38.1 billion, respectively. Historical data indicat ...
Will Walt Disney Stock Lift After Its Forthcoming Earnings?
Forbes· 2025-07-24 13:45
Photo by Drew Angerer/Getty ImagesGetty Images Walt Disney (NYSE:DIS) is scheduled to announce its Q3 FY'25 results around Wednesday, August 6, 2025. Earnings are anticipated to be approximately $1.44 per share, based on consensus estimates, while revenue is expected to increase by about 2.5% to $23.75 billion. Disney+ and the company's broader streaming portfolio are projected to remain significant financial contributors this quarter. Although subscriber growth may be subdued due to recent price increases, ...
Can Rio Tinto Stock Double In The Next Few Years?
Forbes· 2025-07-24 13:45
Photo by ANDREJ ISAKOVIC/AFP via Getty ImagesAFP via Getty ImagesOver the past year, Rio Tinto (NYSE: RIO) shares have mostly remained stagnant, appreciating just 1% over this period. In contrast, the S&P 500 index has risen by 14% during the same timeframe. Let’s face it—seeing a substantial rise in a mammoth like Rio is a tough ask. We’re discussing a global mining giant valued at over $100 billion, already a key player in iron ore, copper, and aluminum. But… what if a significant event occurred that coul ...
Will Ford Motor Stock Rise On Approaching Earnings?
Forbes· 2025-07-24 13:35
Group 1 - Ford Motor is expected to report earnings of approximately $0.33 per share for Q2 2025, down from $0.47 per share in the same quarter last year, with revenues projected at $43.93 billion, reflecting a 2% decline year-over-year [2] - Vehicle deliveries in the U.S. for Q2 increased by 14.2% year-over-year to 612,095 units, driven by strong demand for pickups, particularly the F-Series, Ranger, and Maverick, which saw a collective sales surge of 15% [2] - The F-Series sales rose by 11.5% to 222,459 units, marking the best Q2 performance since 2019, with a higher proportion of pickup sales potentially enhancing Ford's profit margins [2] Group 2 - The new tariffs on automobiles and components may affect Ford's costs and profitability, although Ford is estimated to have 80% of its U.S. sales in 2024 from domestically assembled vehicles, potentially positioning it better than competitors like GM, which faced a $1.1 billion impact from tariffs [3] - Ford's current market capitalization stands at $44 billion, with revenue over the past twelve months reaching $183 billion, and operational profitability reflected in operating profits of $4.3 billion and net income of $5.0 billion [4] Group 3 - Historical data shows that Ford has had 20 earnings data points over the last five years, with a 50% occurrence of positive one-day post-earnings returns, which declines to 42% when considering the last three years [6] - The median of the 10 positive returns is 2.6%, while the median of the 10 negative returns is -8.0%, indicating a balanced risk-reward scenario for traders [6]