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Steel Dynamics (STLD) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2025-06-11 23:16
In the latest market close, Steel Dynamics (STLD) reached $130.03, with a -2.82% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.27%. The stock of steel producer and metals recycler has fallen by 1.19% in the past month, lagging the Basic Materials sector's gain of 4.76% and the S&P 500's gain of 6.9%.Market participants will be closely following the financial results of Steel Dynamics in its upcoming release. The company is forecasted to report an EPS o ...
Oracle's Cloud Revenue Jumps 27% in Its Fiscal 2025 Q4
The Motley Fool· 2025-06-11 23:06
Financial Performance - Oracle reported fiscal 2025 fourth-quarter revenue of $15.9 billion, an 11% increase, and annual revenue of $57.4 billion, up 9%, surpassing earlier guidance [1] - The company raised its fiscal 2026 revenue target to over $67 billion, forecasting a 16% growth [1] - Cloud revenue grew by 27% to $6.7 billion in the quarter, with remaining performance obligation (RPO) rising 41% to $138 billion [1] Capital Expenditures and Supply Constraints - Oracle's cloud infrastructure services reached an annualized revenue run rate of nearly $12 billion, but supply was insufficient to meet demand [2] - The company laid out $9.1 billion in capital expenditures, resulting in negative free cash flow of $2.9 billion [2] - Projected capex for fiscal 2026 is expected to exceed $25 billion, up from $21.2 billion in fiscal 2025, primarily for revenue-generating data center equipment [2] Strategic Positioning in AI and Database - Oracle's database business is crucial for cloud migrations and AI integration, with autonomous database consumption revenue surging 47% [4] - The company positions itself as a key enabler for enterprises to utilize their data with popular AI models, enhancing its database business growth potential [5] - Oracle's ability to operationalize AI securely across multicloud environments differentiates its offerings, benefiting from global AI adoption [5] SaaS Growth and Market Strategy - Annualized revenue from strategic back-office SaaS applications rose 20% to $9.3 billion [6] - The company is gaining market share by providing end-to-end vertically integrated product suites, reducing the need for multivendor integration [6] - Oracle aims to consolidate customers transitioning from legacy systems, expanding its long-term recurring revenue base [8] Future Outlook - Management guided for fiscal 2026 revenue of at least $67 billion, with RPO projected to grow by more than 100% [9] - The company expects to exceed previously stated revenue growth targets for fiscal 2027 and fiscal 2029 [9]
Buy Soaring Nuclear Energy Stocks (SMR, OKLO) Now or Wait for a Dip?
ZACKS· 2025-06-11 23:01
Key Takeaways The U.S. government, Wall Street, and big tech have gone all-in on nuclear energy. Home run nuclear energy stocks NuScale and Oklo have soared over 200% in the past two months. Is now the time to buy SMR and OKLO stock, or should investors wait for a pullback?Nuclear energy upstarts NuScale Power Corporation and Oklo Inc. have soared over 200% since early April as Wall Street dove back into risk assets with massive long-term upside.The U.S. government, Wall Street, and big tech have thrown t ...
Luminar Technologies, Inc. (LAZR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-06-11 23:01
Luminar Technologies, Inc. (LAZR) closed the latest trading day at $3.27, indicating a -5.49% change from the previous session's end. The stock's change was less than the S&P 500's daily loss of 0.27%. Shares of the company witnessed a loss of 23.62% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its gain of 5.86%, and the S&P 500's gain of 6.9%.Analysts and investors alike will be keeping a close eye on the performance of Luminar Technologies, Inc. in its upcoming ea ...
Kroger (KR) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-06-11 23:01
In the latest market close, Kroger (KR) reached $64.62, with a -1.24% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.27%. Heading into today, shares of the supermarket chain had lost 3.05% lagging the Retail-Wholesale sector's gain of 4.25% and the S&P 500's gain of 6.9%.The investment community will be closely monitoring the performance of Kroger in its forthcoming earnings report. The company is scheduled to release its earnings on June 20, 2025. The ...
AngloGold Ashanti (AU) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-06-11 23:01
In the latest trading session, AngloGold Ashanti (AU) closed at $45.87, marking a +1.68% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.27%. Shares of the gold miner have appreciated by 9.46% over the course of the past month, outperforming the Basic Materials sector's gain of 4.76%, and the S&P 500's gain of 6.9%.Analysts and investors alike will be keeping a close eye on the performance of AngloGold Ashanti in its upcoming earnings disclosure. Looking at the full year, the Za ...
MediPharm Reminds Shareholders to Vote in Advance of June 13 Deadline
Globenewswire· 2025-06-11 23:00
Shareholders Urged to Vote for Proven Strategy and Team, Reject Dissident’s Inadequate Plan and NomineesTORONTO, June 11, 2025 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm,” the “Company,” “we” or “us”), a pharmaceutical company specialized in precision-based cannabinoids, today reminded its shareholders that the deadline is approaching to cast your vote for the upcoming Annual and Special Meeting of Shareholders on June 16, 2025 (the “Meeting”). All votes must ...
Coupang: A Strong Contender in the E-Commerce Arena
The Motley Fool· 2025-06-11 23:00
Explore the exciting world of Coupang (CPNG -0.14%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of May 7, 2025. The video was published on Jun. 11, 2025. ...
Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut
CNBC· 2025-06-11 22:58
Company Overview - Chime priced its IPO at $27 per share, exceeding the expected range, which values the company at $11.6 billion [1] - The IPO raised approximately $700 million, with an additional $165 million in shares sold by existing investors [1] - The stock is set to begin trading under the ticker symbol CHYM [1] Industry Context - The IPO occurs after a prolonged freeze in the fintech IPO market due to rising interest rates and valuation resets, which kept many late-stage companies from going public [2] - The market is showing signs of recovery, as evidenced by eToro's 29% increase in its Nasdaq debut last month and Circle's positive market performance [2] - In contrast, online lender Klarna has postponed its IPO plans and reported significant quarterly losses last month [2]
Axon Enterprise (AXON) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-06-11 22:51
Axon Enterprise (AXON) closed the latest trading day at $778.36, indicating a +2.06% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.27%. Shares of the maker of stun guns and body cameras witnessed a gain of 5.23% over the previous month, trailing the performance of the Aerospace sector with its gain of 8.18%, and the S&P 500's gain of 6.9%.The upcoming earnings release of Axon Enterprise will be of great interest to investors. The company's earnings per share (EPS) ...