By Echo Wang (Reuters) - Cryptocurrency firm Gemini Space Station raised $425 million in an initial public offering on Thursday, pricing its stock above a marketed range. The company led by the billionaire twins Tyler and Cameron Winklevoss sold around 15.2 million shares for $28 apiece, after marketing them for $24 to $26, it said in a statement, confirming an earlier report by Reuters. The IPO values Gemini at $3.33 billion on a non-diluted basis, according to a Reuters calculation. The price range w ...

Key Takeaways Oracle's recent earnings release impressed investors. The company saw immense backlog growth. Demand is expected to remain strong for years. Technology companies have remained the craze over recent years, with the Mag 7 group significantly thrusting the market higher on the back of the AI frenzy.But outside of the Mag 7 group, a well-known technology giant, Oracle (ORCL) , has also been notably strong, up 93% over the past year and widely outperforming the group. The company offers integrated ...

Company Performance - McKesson's stock closed at $719.80, reflecting a +1.92% increase from the previous day, outperforming the S&P 500's gain of 0.85% [1] - Over the past month, McKesson shares gained 6.5%, surpassing the Medical sector's gain of 6.01% and the S&P 500's gain of 2.38% [1] Upcoming Earnings - McKesson is expected to report an EPS of $8.58, representing a 21.36% increase compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $103.79 billion, which is a 10.82% increase from the previous year [2] Full Year Projections - For the full year, earnings are projected at $37.21 per share and revenue at $407.45 billion, indicating increases of +12.59% and +13.48% respectively from the prior year [3] Analyst Estimates - Recent changes to analyst estimates for McKesson reflect near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record of predicting stock price performance [4] Valuation Metrics - McKesson has a Forward P/E ratio of 18.98, which is above the industry average of 15 [6] - The company also has a PEG ratio of 1.4, compared to the Medical - Dental Supplies industry's average PEG ratio of 1.78 [6] Industry Context - The Medical - Dental Supplies industry, part of the Medical sector, has a Zacks Industry Rank of 163, placing it in the bottom 35% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Seanergy Maritime Holdings Corp (SHIP) closed the most recent trading day at $8.66, moving +2.61% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.85%. At the same time, the Dow added 1.36%, and the tech-heavy Nasdaq gained 0.72%. Prior to today's trading, shares of the company had gained 14.05% outpaced the Transportation sector's gain of 0.8% and the S&P 500's gain of 2.38%.Investors will be eagerly watching for the performance of Seanergy Maritime ...

GE Vernova (GEV) closed the most recent trading day at $634.15, moving -1.46% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.85%. Elsewhere, the Dow saw an upswing of 1.36%, while the tech-heavy Nasdaq appreciated by 0.72%. Prior to today's trading, shares of the the energy business spun off from General Electric had gained 1.46% lagged the Oils-Energy sector's gain of 3.38% and the S&P 500's gain of 2.38%.The upcoming earnings release of GE Vernova will be ...

Question-and-Answer SessionYes, absolutely. So over a year into the job now, I guess as you kind of look back, what do you think has been your biggest success? And what do you think has been the biggest challenge as you step into the role?William BrownCEO & Chairman So year has gone very fast, as you'd expect. The team has been very busy. When I came in -- when I joined 3M and I came in, I saw an opportunity to get back to basics, focus on the fundamentals of the business, sort of reinvigorate the culture, ...

In the latest trading session, Leidos (LDOS) closed at $185.26, marking a +2.71% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.85%. At the same time, the Dow added 1.36%, and the tech-heavy Nasdaq gained 0.72%. The security and engineering company's shares have seen a decrease of 0.87% over the last month, not keeping up with the Computer and Technology sector's gain of 4.39% and the S&P 500's gain of 2.38%.Analysts and investors alike will be keeping a close eye ...

Company Performance - Allstate's stock closed at $202.52, with a gain of +1.24% on the most recent trading day, outperforming the S&P 500's gain of 0.85% [1] - Over the last month, Allstate's shares have decreased by 4.2%, underperforming the Finance sector's gain of 2.7% and the S&P 500's gain of 2.38% [1] Upcoming Earnings - Allstate's upcoming EPS is projected at $4.71, indicating a 20.46% increase compared to the same quarter of the previous year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $17.36 billion, up 5.95% from the year-ago period [2] Full-Year Estimates - Full-year Zacks Consensus Estimates forecast earnings of $21.19 per share and revenue of $69.03 billion, representing year-over-year changes of +15.67% and +7.31%, respectively [3] - Recent changes to analyst estimates for Allstate reflect the latest near-term business trends, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Allstate is currently trading at a Forward P/E ratio of 9.44, which is below the industry average of 11.65, indicating a discount [6] - The company has a PEG ratio of 0.8, compared to the industry average PEG ratio of 2.42, suggesting better value relative to expected earnings growth [7] Industry Context - The Insurance - Property and Casualty industry is part of the Finance sector and holds a Zacks Industry Rank of 33, placing it in the top 14% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Celestica (CLS) ended the recent trading session at $246.42, demonstrating a -2.61% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.85%. Meanwhile, the Dow experienced a rise of 1.36%, and the technology-dominated Nasdaq saw an increase of 0.72%. Heading into today, shares of the electronics manufacturing services company had gained 23.9% over the past month, outpacing the Computer and Technology sector's gain of 4.39% and the S&P 500's gain o ...

In the latest close session, e.l.f. Beauty (ELF) was up +2.58% at $137.91. The stock outpaced the S&P 500's daily gain of 0.85%. Meanwhile, the Dow gained 1.36%, and the Nasdaq, a tech-heavy index, added 0.72%. Coming into today, shares of the cosmetics company had gained 9.37% in the past month. In that same time, the Consumer Staples sector lost 1.7%, while the S&P 500 gained 2.38%. Investors will be eagerly watching for the performance of e.l.f. Beauty in its upcoming earnings disclosure. On that day, e. ...