Paramount Skydance is preparing a majority cash bid for Warner Bros Discovery that is backed by the Ellison family, the Wall Street Journal reported on Thursday.Shares of Warner Bros jumped nearly 30% while Paramount was up 7% after the news.The bid will be for the entire company, including its cable networks and movie studio, the report said, citing people familiar with the situation.Paramount declined to comment while Warner Bros did not immediately respond to a Reuters request for comment.Paramount Skyda ...

The inflation-adjusted price of gold reached a record high for the first time since the 1980s while trading above $3,610 per ounce, according to a recent post by The Kobeissi Letter on September 11. Rising inflation plus upcoming interest rate cuts are “gold’s dream setup,” highlights the analyst, which also relates to Bitcoin’s value proposition—historically correlated to gold and both tied to economic data. Basically, the inflation-adjusted gold price takes historical nominal prices and multiplies them ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Sept. 11, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises C3.ai, Inc. ("C3.ai" or the "Company") (NYSE: AI) investors of a class action representing investors that bought securities between February 26, 2025 and August 8, 2025, inclusive (the "Class Period"). C3.ai investors have until October 21, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by ...

Oracle's recent earnings report sent investors over the moon.Since the close of trading last Friday, shares of the cloud giant Oracle (ORCL -6.20%) had ripped close to 35%, as of 1:06 p.m. ET on Sept. 11. Earlier this week, Oracle reported earnings for its first fiscal quarter of 2026 (ending Aug. 31) that blew away Wall Street."Absolutely staggering"It's not common to see a stock with a market cap worth several hundred billion dollars make such a big move, but Oracle's earnings results left Wall Street ana ...

Question-and-Answer SessionSunit, you're not new to Crown Castle being on the board, but you're relatively new to the CFO role. Can you tell us what you want to implement, given your history as CFO at other companies?Sunit PatelExecutive VP & CFO Yes. And you're right, I was on the Board since January of last year. I mean as I look at the company today, we're going through a lot of change. One is the divestiture of our fiber and small cell business, which we expect to complete in the first half of next year ...

Micron Technology Inc (NASDAQ:MU) stock looking to continue its win streak, up 8.2% at $151.53 at last glance and trading at 52-week highs thanks to a boost from Citigroup Securities. The firm reiterated its "buy" rating and lifted its price target to $175 from $150, citing growing demand for NAND and DRAM memory chips. On track for its seventh-consecutive daily win, MU is barreling toward its previous June 18, 2014 all-time at $157.53. Up 27.9% in September alone, the security is 80.7% higher in 2025. It's ...

Core Insights - Kroger Co. reported second-quarter earnings that surpassed analyst expectations, driven by strong identical store sales and margin expansion [1] - The company raised its full-year guidance following the positive earnings report [1] Financial Performance - Adjusted earnings were $1.04 per share, exceeding the consensus estimate of $0.99 [1] - Revenue for the quarter was $33.9 billion, slightly below the expected $34.05 billion [1] - Identical sales without fuel increased by 3.4% year-over-year, compared to a 1.2% growth in the previous year [1] Margin and Sales Growth - Gross margin improved to 22.5%, up from 22.1%, supported by the sale of Kroger Specialty Pharmacy, lower supply chain costs, and reduced shrink [2] - E-commerce sales experienced a growth of 16% during the quarter [2] Future Outlook - The company raised its full-year identical sales outlook to a range of 2.7%-3.4%, up from the previous range of 2.25%-3.25% [3] - Adjusted operating profit is now forecasted at $4.8-$4.9 billion, an increase from the prior forecast of $4.7-$4.9 billion [3] - Full-year adjusted EPS guidance was updated to $4.70-$4.80, compared to the earlier range of $4.60-$4.80, with the midpoint of $4.75 slightly below the analyst consensus of $4.78 [3]

Core Insights - Oxford Industries shares surged over 24% following the release of better-than-expected second-quarter earnings despite the impact of tariffs on sales [1] - The company reported adjusted earnings of $1.26 per share, exceeding the expected $1.18, while revenue decreased by 4% year-over-year to $403.1 million, slightly below the consensus of $406.14 million but within guidance [1][2] Financial Performance - Gross margin was recorded at 61.7%, a decline from 63.3% the previous year, but still better than anticipated, with tariffs contributing approximately $9 million in additional costs [2] - Sales by brand showed a decline: Tommy Bahama down 6.6% to $229 million, Lilly Pulitzer down 1.5% to $90.3 million, and Johnny Was down 9.7% to $45.4 million, while the Emerging Brands segment grew by 17% to $38.5 million [2] Future Outlook - The company reaffirmed its full-year guidance, projecting revenue between $1.475 billion and $1.515 billion, and adjusted EPS ranging from $2.80 to $3.20 [3] - Management indicated that they have mitigated about half of their $80 million tariff exposure through accelerated receipts and changes in sourcing [3]

But remember the old saying: "Buy the rumor, sell the news.†...

Core Viewpoint - DA Davidson downgraded Apple from Buy to Neutral, maintaining a $250 price target due to lackluster product innovation and muted near-term AI prospects [1][2] Group 1: Product Innovation - Analysts initially expected Apple to play a significant role in artificial intelligence and drive a major upgrade cycle, but recent product announcements have not met expectations [1] - The iPhone 16, iPhone 17, and iPhone Air have raised questions about consumer demand, indicating potential challenges in driving sales [1] Group 2: Product Categories - The Vision Pro headset, while generating initial excitement, is viewed as a niche device that may not contribute significantly to overall sales [2] - Anticipation of a foldable iPhone next year may not be sufficient to trigger a broad upgrade cycle, suggesting that Apple needs to innovate its core lineup or introduce a new product category for growth [2]