US stock market today: Why S&P, Nasdaq gain while Dow slips? Here’s how Apple, Nvidia, and Tesla drove Wall Street today
The Economic Times· 2025-11-04 00:35
Investors piled into artificial intelligence stocks again. Amazon jumped 4% after sealing a $38 billion partnership with OpenAI, signaling a deeper move into generative AI. The deal reportedly involves hundreds of thousands of Chip stocks rallied. Micron Technology gained nearly 5%. Nvidia added 2%. The VanEck Semiconductor ETF (SMH) climbed about 1%. Shares of Iren, which struck a $9.7 billion multiyear data center deal with Nvidia also advanced after Microsoft obtained Trump administration export licen ...
FISERV ALERT: Bragar Eagel & Squire, P.C. is Investigating Fiserv, Inc. on Behalf of Fiserv Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-11-04 00:34
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fiserv, Inc. regarding possible violations of federal securities laws and other unlawful business practices affecting stockholders [2][4]. Investigation Details - The investigation is focused on whether Fiserv has engaged in practices that may have harmed investors, particularly following recent financial disclosures [2][8]. Recent Developments - On October 29, 2025, Fiserv reported a sequential decline in Q3 2025 adjusted revenue and reduced its organic revenue growth expectations to 3.5%-4% [8]. - The company also lowered its EPS outlook to $8.50-$8.60 and announced significant leadership changes, including the departure of its CFO and a shake-up of the board of directors [8]. - Following these announcements, Fiserv's stock price dropped over $59 in intraday trading, resulting in a loss of $32 billion in shareholder value in one day [8]. Leadership Changes - Michael Lyons was appointed as the new CEO, and Doyle Simmons became the non-executive Chairman after the previous CEO, Frank Bisignano, was confirmed as Commissioner of the Social Security Administration [8]. - Lyons indicated that a thorough analysis of the company's operations led to the reassessment of previous growth assumptions and the identification of short-term driven initiatives that were not sustainable [8]. Contact Information - Investors who have suffered losses and wish to discuss their legal rights can contact Bragar Eagel & Squire, P.C. directly [4][9].
REV Group Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of REV Group, Inc. - REVG
Businesswire· 2025-11-04 00:32
Core Points - The former Attorney General of Louisiana, Charles C. Foti, Jr., and Kahn Swick & Foti, LLC are investigating the proposed sale of REV Group, Inc. to Terex Corporation to assess the adequacy of the price and process involved in the transaction [1] - Under the proposed terms, shareholders of REV Group will receive $8.71 in cash plus 0.9809 shares of the combined company for each share they own [1] Company and Industry Summary - The investigation aims to determine if the proposed consideration undervalues REV Group, Inc. and whether the process leading to this valuation was adequate [1] - Kahn Swick & Foti, LLC is also involved in similar investigations for other companies, indicating a broader trend of scrutiny in proposed mergers and acquisitions within the industry [5][6]
Amazon Strikes $38B OpenAI Deal, Wedbush Hikes Target To Street-High
Benzinga· 2025-11-04 00:28
Core Viewpoint - Amazon.com, Inc. has announced a $38 billion multi-year partnership with OpenAI to provide computing infrastructure for AI workloads, leading to a rise in its stock price and an increase in price target by Wedbush analysts [1][5]. Group 1: Partnership Details - The partnership will initially utilize AWS's existing data centers, with plans for Amazon to expand dedicated infrastructure to accommodate future needs [2]. - The entire planned capacity is expected to be operational by the end of 2026, with the partnership designed to grow over the next seven years [3]. Group 2: Financial Implications - Wedbush analysts raised the price target for Amazon stock from $330 to a Street high of $340, indicating a potential 33% upside for Amazon shares [5]. - Amazon's AWS has reached an annual run rate of over $130 billion, with strong year-over-year growth driven by increased demand for AI and core services [4]. Group 3: Market Position and Future Outlook - The partnership with OpenAI is seen as a natural progression following Amazon's recent collaboration with Anthropic, further solidifying its leadership in AI cloud services [3]. - Analysts are optimistic about the demand in the coming quarters, citing backlog growth and a higher capital expenditure guide for 2025 [5].
Fabrinet outlines Q2 revenue target of up to $1.1B while accelerating HPC and DCI growth (NYSE:FN)
Seeking Alpha· 2025-11-04 00:27
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
TrueBlue targets 4% to 10% Q4 revenue growth as skilled and energy segments accelerate (NYSE:TBI)
Seeking Alpha· 2025-11-04 00:27
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
PayPal Q3: Still No Inflection, Value Trap Remains
Seeking Alpha· 2025-11-04 00:27
Core Viewpoint - PayPal's stock has remained around $70 for several months following a downgrade from Buy to Hold after the 2Q FY2025 results, indicating a lack of near-term catalysts for growth [1]. Company Analysis - The downgrade was based on the analysis of PayPal's financial performance, suggesting that there are no immediate drivers to improve the stock price [1]. Market Context - The current trading range of PayPal's stock reflects broader market sentiments and investor expectations regarding the company's future performance [1].
TrueBlue, Inc. 2025 Q3 - Results - Earnings Call Presentation (NYSE:TBI) 2025-11-03
Seeking Alpha· 2025-11-04 00:26
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
Donaldson Company, Inc. (DCI) Presents at 49th Annual Automotive Symposium Transcript
Seeking Alpha· 2025-11-04 00:26
PresentationAll right. If everyone could please get situated. We are -- We have the great pleasure of having Donaldson with us again; ticker DCI; Minneapolis-based global manufacturer of filtration systems and replacement parts and have some exciting technologies in the Life Sciences business. Tod Carpenter, company's Chairman, President and CEO, is here, as is Rich Lewis, the company's COO. Hi, there. The company is about 115 million shares, trades around -- it's about a $10 billion equity cap business, ab ...
Redwood Trust Stock: 9% Yielding Baby Bonds Still Good For Income Investors (NYSE:RWT)
Seeking Alpha· 2025-11-04 00:20
About My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I target two articles per week for publication on Monday and Tuesday.About My Background: Bachelors in history/political science, Masters in Business Administration with a specialization in Finance and Economics. I enjoy numbers. I have been investing sinc ...