Workflow
General Motors to Make an Investment of $4B in Three U.S. Plants
ZACKS· 2025-06-12 16:06
Key Takeaways GM will invest $4B across three U.S. plants, repurposing capacity to build gas-powered SUVs and trucks. Blazer production moves fully to the U.S.; Equinox output will be added but not fully shifted from Mexico. Investment boosts U.S. capacity past 2M vehicles and reflects GM's tariff-aware production strategy.General Motors Company (GM) plans to make an investment of around $4 billion across three U.S. assembly plants. The plans include shifting or expanding the production of two vehicles cu ...
BLK & Jio Financial's JV Gets Approval to Act as Investment Adviser
ZACKS· 2025-06-12 16:01
Key Takeaways Jio BlackRock gains SEBI approval to operate as an investment adviser in India. The JV merges BLK's global expertise with Jio Financial's digital reach and local insights. Jio BlackRock previously secured approval to launch mutual fund operations in India.BlackRock Inc. (BLK) and India-based Jio Financial’s joint venture (JV), Jio BlackRock Investment Advisers, obtains approval from the Securities and Exchange Board of India (SEBI) to operate as an investment adviser in India.Earlier this ye ...
Agentforce in 4,000+ Deals: Can Salesforce Monetize the Momentum?
ZACKS· 2025-06-12 16:01
Key Takeaways Salesforce's Agentforce has surpassed 4,000 paid deals and $100M in annualized recurring revenues. 30% of recent bookings came from repeat buyers, showing growing adoption and bundling with Data Cloud. CRM is scaling sales teams and revamping pricing to drive faster Agentforce adoption despite tough rivals.Salesforce's (CRM) Agentforce platform, which uses artificial intelligence (AI) to help companies automate tasks and improve customer service, is growing quickly. In just two quarters, Sal ...
ALSN to Acquire Dana's Off-Highway Unit, Realize $120M in Synergies
ZACKS· 2025-06-12 16:01
Key Takeaways Allison to buy Dana's Off-Highway business for $2.7B to broaden its industrial offerings. The Off-Highway unit made up 27% of Dana's 2024 revenues and operates in over 25 countries. ALSN expects $120M in annual synergies and aims to close the cash-and-debt deal by Q4 2025.Allison Transmission Holdings, Inc. (ALSN) has entered into an agreement with Dana Inc. (DAN) to acquire its Off-Highway business for approximately $2.7 billion. The unit to be acquired manufactures mobile drivetrains and m ...
HOOD's May 2025 DARTs Rise Y/Y: Is Product Expansion a Catalyst?
ZACKS· 2025-06-12 16:01
Key Takeaways HOOD's May 2025 equity, options and crypto DARTs rose 15%, 50%, and 66.7% year over year, respectively. Robinhood launched new products like Futures, Index Options, and U.K. trading to expand its client base. HOOD shares surged 101% YTD, with 2025 and 2026 earnings projected to grow 11.9% and 20.5%, respectively.Robinhood Markets, Inc. (HOOD) has released the monthly operating data for May 2025. It reported a rise in equity, options, and crypto Daily Average Revenue Trades (DARTs) from the y ...
Cloud Powers Oracle's Q4 Earnings: ETFs to Gain
ZACKS· 2025-06-12 16:01
Oracle (ORCL) reported solid fourth-quarter fiscal 2025 results on Wednesday after the bell, outpacing earnings and revenue estimates. It lifted its fiscal 2026 revenue growth forecast, citing robust demand for its cloud offerings from companies deploying artificial intelligence.Oracle shares popped up about 8% in after-market hours on elevated volumes. The smooth trading is likely to prevail in the ETFs with the highest allocation to this software giant. These include Pacer Data and Digital Revolution ETF ...
Century Communities To Host June Ribbon-Cutting at Running Creek in Locust, NC
Prnewswire· 2025-06-12 15:59
Event to be held on June 26, featuring model tours, move-in ready homes, and giveawaysCHARLOTTE, N.C., June 12, 2025 /PRNewswire/ -- Century Communities, Inc.—a top 10 national homebuilder, industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2025—announced Running Creek, the Company's new community in Locust, NC, will host a ribbon-cutting ceremony with the Stanly County Chamber of Commerce on Thursday, June 26 from 11 a.m. to 1 ...
Is Google Cloud a $1 Trillion Business?
The Motley Fool· 2025-06-12 15:58
Don't underestimate the potential of Google Cloud.Is ChatGPT disrupting Google Search? The data doesn't support that, and OpenAI may now be using Google's cloud services to power ChatGPT, which will be a tailwind for Google in building a $1 trillion cloud business.*Stock prices used were end-of-day prices of June 10, 2025. The video was published on June 11, 2025. ...
Jobless Claims Remain Same WoW
ZACKS· 2025-06-12 15:56
Pre-market futures are lower this morning, on what is likely a combination of effects: Weekly Jobless Claims numbers that are pushing up through previous ranges, wholesale economic reads that were better than expected but still elevated, and a dearth of news on the pending trade agreement between the U.S. and China that President Trump announced Wednesday morning.In fairness, these futures were down ahead of these reports hitting the tape. Partly, especially on the blue-chip Dow, due to a tragic plane crash ...
5 Solid Dividend Stocks With Rising Payouts for Safe Income
ZACKS· 2025-06-12 15:50
Key Takeaways INTU, FOX, QFIN, UGI and INGR show consistent dividend growth and strong long-term earnings potential. These stocks witnessed positive estimate revisions and boast solid expected earnings growth this fiscal year. Each company ranks in the top Zacks tiers and carries a Growth Score of A or B for added upside potential.Wall Street staged a nice comeback from the lows hit in early April and is currently hovering near record highs. Optimism around U.S.-China trade negotiations, easing inflation ...