Medtronic Announces Intent To Spin Diabetes Business
Forbes· 2025-06-09 16:30
(Photo Illustration by Cheng Xin/Getty Images)Getty ImagesDeal OverviewOn May 21, 2025, Medtronic plc (NYSE: MDT; $87.44, Market Capitalization: $112.1 billion), a global leader in medical technology, announced its intent to spin off its Diabetes business into a standalone entity (New Diabetes Company). This strategic move is designed to streamline Medtronic’s portfolio, sharpen its focus on high-margin growth areas, and unlock shareholder value.Post spin-off, Medtronic (RemainCo) will continue to operate a ...
Stock Of The Day: NVIDIA Tests New Resistance — Could Another Breakout Be Brewing?
Benzinga· 2025-06-09 16:26
NVIDIA Corporation NVDA is trading higher on Monday after consolidating last week, but the shares may be about to break out.Breakouts can have bullish implications. This is why our trading team has made NVIDIA our Stock of the Day.Stock prices are determined by supply and demand. If there is more supply or shares for sale than demand or shares to buy, the price will trend lower. This happens because sellers are forced to undercut each other to attract buyers.If there are more shares to be bought than there ...
Tesla 'Remains The Most Undervalued AI Play': Dan Ives
Benzinga· 2025-06-09 16:25
The public feud between President Donald Trump and Tesla, Inc. TSLA CEO Elon Musk has eased for now, but the tension has weighed on Tesla's stock. However, Wedbush analyst Dan Ives remains bullish on Tesla ahead of Thursday's robotaxi launch in Austin. What To Know: In a research note published Monday, Ives said that the "timing of this globally watched frenemies situation" is not ideal as it coincides with the robotaxi launch. However, Wedbush still expects Tesla to launch its robotaxi services in 20 to 25 ...
Palantir Stock Soars 69% Year to Date: Time to Hold or Chase?
ZACKS· 2025-06-09 16:25
Key Takeaways PLTR stock is up 69% YTD, fueled by AI momentum, outpacing Nvidia and Oracle's modest gains. U.S. commercial revenues rose 71% YoY in Q1 2025, with AIP driving growth and contract value up 239%. PLTR holds $5.4B in cash with no debt, enabling growth investment without external financing pressure.Palantir Technologies Inc. (PLTR) has surged 69% year to date, eclipsing the industry’s modest 13% average and outshining heavyweights like Nvidia (NVDA) and Oracle (ORCL) . Image Source: Zacks Inves ...
Zacks Industry Outlook Tyson Foods, Hormel Foods and Pilgrim's Pride
ZACKS· 2025-06-09 16:25
For Immediate ReleaseChicago, IL – June 9, 2025 – Today, Zacks Equity Research discusses Tyson Foods, Inc. (TSN) , Hormel Foods Corp. (HRL) and Pilgrim's Pride Corp. (PPC) .Industry: Meat ProductsLink: https://www.zacks.com/commentary/2487193/3-meat-stocks-worth-watching-amid-robust-industry-trendsThe Zacks Food – Meat Products industry is experiencing strong growth, driven by increasing consumer demand for high-protein foods and a heightened focus on health and wellness. To stay competitive, leading compan ...
Should You Hold Onto American Tower Stock in Your Portfolio for Now?
ZACKS· 2025-06-09 16:25
Key Takeaways AMT saw strong Q1 2025 growth, with tenant billings up 5.2% and data center revenues rising 8.4% Legacy Sprint lease churn is pressuring U.S. revenues, with sub-4% growth expected through Q3 2025 AMT holds $11.7B in liquidity, but $36.86B in debt and high rates pose funding and expansion risksAmerican Tower Corporation (AMT) owns an extensive portfolio of around 149,000 communication sites globally, complemented by a network of well-connected U.S. data center facilities. This positions the c ...
Waymo suspends robotaxi rides near LA protests after 5 cars are set ablaze
Business Insider· 2025-06-09 16:21
Waymo suspended robotaxi service in downtown Los Angeles on Sunday after five vehicles were set on fire during protests against President Donald Trump's immigration raids in the city. Photos show Waymo cars covered in anti-ICE graffiti burning in the street, engulfed in smoke.A spokesperson for Waymo confirmed to Business Insider that five vehicles had been vandalized during the protests. The company temporarily suspended service in downtown LA and doesn't think its vehicles were intentionally targeted, th ...
Red Cat Holdings: President Trump's Executive Order Fuels U.S.-Made Drone Surge
Seeking Alpha· 2025-06-09 16:19
I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. My previous working background is in private credit and CRE mezzanine financing for a family office. I'm also a fluent Mandarin speaker in both business and court settings, previously serving as a court interpreter. I have spent a good chunk of my adult working life in China and Asia. I have worked with top CRE developers in the past including The Witkoff Group , Kushner Companies, Durst Organization and ...
ZS vs. QLYS: Which Cybersecurity Stock is the Smarter Pick Now?
ZACKS· 2025-06-09 16:15
Key Takeaways Zscaler is expanding AI-driven cybersecurity but faces shrinking margins from rising costs. Qualys shows steady VMDR adoption and global revenue growth of 16% year over year. QLYS trades at a discount with 2025 EPS growth of 0.65% vs. ZS' projected 0.31% decline.Zscaler (ZS) and Qualys (QLYS) are two key cybersecurity players offering critical solutions in securing enterprise environments. While both companies offer different sets of solutions, they both compete in the vulnerability manageme ...
Why FTAI Aviation Stock Deserves a Spot in Your Portfolio for Now
ZACKS· 2025-06-09 16:15
Key Takeaways FTAI's EPS estimate for 2025 increased to $5.14, with revenues projected to grow 21.8% to $2.11 billion. FTAI's Q1 interest coverage ratio of 7.6 reflects its ability to meet debt obligations with ease. FTAI stock jumped 32.2% in 3 months, outperforming the industry's 22.5% average return.FTAI Aviation Ltd. (FTAI) , with robust earnings and revenue estimates, efficient solvency, strong liquidity and the ability to raise shareholder value via regular dividends, offers a great investment oppor ...