Keynote speakers announced for DELIVER Middle East
Retail Times· 2025-12-18 16:49
DELIVER Middle East, the region’s newest premier matchmaking event for retail, commerce, and supply chain leaders, will make its highly anticipated debut in Dubai on 21–22 January 2026, powered by a strategic partnership with DP World as Headline Sponsor and Launch Partner.Following its rapid expansion across Europe, America, and Asia, DELIVER now brings its signature AI-powered, team-enabled matchmaking model to the Middle East, uniting over 200 senior retail executives from leading brands including Alshay ...
Micron stock soars on earnings beat amid 'unprecedented' AI-fueled demand for memory chips
Yahoo Finance· 2025-12-18 16:48
Core Viewpoint - Micron's stock surged over 10% following strong quarterly results, driven by increased demand for memory chips due to the tech industry's focus on building AI-capable data centers [1] Financial Performance - Micron's DRAM revenue increased by 69% to $10.8 billion in the first quarter, primarily due to AI-related demand for high bandwidth memory (HBM) chips [2] - The company's earnings per share (EPS) reached $4.78, exceeding the expected $3.95, while quarterly revenue was $13.6 billion, surpassing the $13 billion estimate by analysts [3] - Revenue from NAND storage chips used in data centers exceeded $1 billion for the first time [3] Future Outlook - Micron forecasts second-quarter revenue between $18.3 billion and $19.1 billion, significantly above the $14.4 billion expected by analysts [4] - The company anticipates EPS to reach $8.42 at the midpoint for the February quarter, ahead of the $4.71 estimate, with projected gross margin hitting an all-time high of 68% [4] Market Dynamics - CEO Sanjay Mehrotra noted that AI data center buildout plans have sharply increased demand for memory and storage, with supply expected to remain short of demand for the foreseeable future [5] - The market for HBM chips is projected to grow from $35 billion in 2025 to $100 billion by 2028 [5] Analyst Sentiment - Following the positive earnings surprise, Wall Street analysts raised their price targets for Micron shares, with some estimates reaching as high as $500 [6] - Analyst Melissa Fairbanks from Raymond James increased her price target from $190 to $310, citing favorable industry conditions driven by AI-related demand and tight global supply [6] Stock Performance - Micron's shares were trading around $251, with a year-to-date increase of approximately 210% [7]
Vanguard's Other Index ETF Has Absolutely Destroyed SPY and VOO This Year | VXUS
247Wallst· 2025-12-18 16:48
While most investors obsess over SPY and VOO, Vanguard Total International Stock Index Fund ETF Shares (NYSEARCA:VXUS) has quietly delivered 29% returns through mid-December 2025, crushing the S&P 500's 15% gain. ...
Pershing Square Backs Howard Hughes $2.1 Billion Vantage Bid
Yahoo Finance· 2025-12-18 16:48
Pershing Square Holdings Ltd. said it will invest as much as $1 billion in Howard Hughes Holdings Inc. to back its purchase of specialty insurer Vantage Group Holdings Ltd. Bill Ackman’s hedge fund agreed to buy non-voting preferred shares issued by Howard Hughes, according to a statement Thursday. Howard Hughes said in a separate statement that it was buying Vantage for about $2.1 billion. Most Read from Bloomberg Photographer: Jeenah Moon/Bloomberg Pershing Square is Howard Hughes’ largest sharehold ...
Massachusetts Battery Start-Up to List on Stock Exchange
Nytimes· 2025-12-18 16:47
Factorial, the start-up, said the listing would provide money that would help it bring new solid-state batteries to market as soon as 2027. ...
The Most Expensive Part of a Breakdown Is Not Knowing What’s Wrong
Yahoo Finance· 2025-12-18 16:47
Core Insights - The trucking industry faces significant challenges related to diagnostics and repair processes, which can lead to costly downtime for owner-operators [2][5][6] - The lack of a right-to-repair framework for commercial trucks results in information being inaccessible, causing small carriers to incur higher repair costs [6] Group 1: Industry Challenges - Owner-operators often underestimate the importance of diagnostics and the control over the repair process, leading to expensive habits [2] - Uncertainty regarding the severity of truck issues, rather than the cost of parts, is a major contributor to breakdown expenses [5] - North America spends tens of billions of dollars annually on fixing commercial trucks, with off-highway equipment further increasing this expenditure [6] Group 2: Company Background - Tyler Robertson, founder of Diesel Laptops, transitioned from a truck dealership to creating a diagnostic software solution after recognizing the inefficiencies in the repair process [3][4] - Diesel Laptops began as a side hustle, offering diagnostic software bundled with hardware, addressing a gap in the market for accessible truck diagnostics [4]
Will Strong Livmarli Uptake Continue to Aid MIRM's Revenues in 2026?
ZACKS· 2025-12-18 16:46
Key Takeaways Mirum's revenues hinge on Livmarli, which generated $253.6M in the first nine months of 2025.MIRM expects continued Livmarli growth as increasing global adoption supports demand.Cholbam and Ctexli sales also rose, adding to Mirum's expanding rare-disease drug portfolio.Mirum Pharmaceuticals’ (MIRM) revenue base is largely supported by its lead product, Livmarli (maralixibat), which has been witnessing steady sales uptake since its launch. The drug remains a key top-line driver for the company. ...
Can Greg Abel Sustain Berkshire's Legacy After Buffett Steps Down?
ZACKS· 2025-12-18 16:46
Key Takeaways BRK.B enters a new era in 2026 as Greg Abel succeeds Warren Buffett as CEO, with Buffett staying as chairman.Abel has led non-insurance operations and served as vice chairman since 2018, prepping for the top role.Despite succession plans, uncertainty remains on how BRK.B will perform under Abel's leadership post-2026.The next year is expected to be a transitional year for Berkshire Hathaway (BRK.B) as Warren Buffett steps down from the position of CEO and Greg Abel assumes the role. Buffett’s ...
Reasons Why You Should Invest in Green Dot Stock Right Now
ZACKS· 2025-12-18 16:46
Key Takeaways GDOT stock gained 19.2% in a month, far outpacing its industry's 6.5% rally.Green Dot beat earnings estimates in each of the last four quarters, delivering an 86.6% surprise, on average.GDOT is driving growth via prepaid cards, BaaS clients like Walmart and new fintech partnerships.Green Dot Corporation (GDOT) , a pro-consumer bank holding company and personal banking provider, has performed strongly over the past month and has the potential to sustain the momentum in the near term. Consequent ...
Gold market analysis for December 18 - key intra-day price entry levels for active traders
KITCO· 2025-12-18 16:46
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another. Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a ...