Stock Market News

  • Brinker's focus on effective marketing campaigns, data-driven customer insights and menu innovations propel it for growth.

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    Late November 2024 brought a stock market twist for semiconductor giant Nvidia (NASDAQ: NVDA), as the shares entered a notable decline after the company posted an otherwise strong quarterly report.

  • IBDRY's Windanker wind farm offshore Germany is expected to have a total capacity of 315 megawatts (MW), comprising 21 turbines, each with a capacity of 15 MW.

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    The BDC universe is small, with less than 50 players, and only 4 have market cap levels exceeding $5 billion. Hence, retail and income-oriented investors can exploit high yields and market inefficiencies due to less competition from institutional "smart money". If, however, there is a willingness to enter the BDC universe via ETFs, there are only two meaningful options - BIZD and PBDC.

  • BlackRock nears a deal to buy HPS Investment, a leading private credit firm. This will strengthen the company's presence in the lucrative alternatives market.

  • proactiveinvestors.com
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    Intel Corp (NASDAQ:INTC, ETR:INL) revealed that its near-$8 billion in US government subsidies come with restrictions on its ability to sell down its share of its chipmaking division following a spin-out. According to a securities filing, Intel must retain at least 50.1% ownership of Intel Foundry Services if it is spun off as a private company.

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    Amazon is developing a new AI model called Olympus for video analysis, The Information reported. The AI tool could help search for specific scenes in video archives.

  • Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates NTWK as "Outperform." Explore NetSol's growth potential with major global contracts and innovative tech, positioning it for success in asset finance and leasing solutions.

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    Québec Nickel Corp (CSE:QNI, OTCQB:QNICF) announced that it is returning 237 contiguous mining claims to Val-d'Or Mining Corporation. The company said that these claims, part of the Ducros Property in the Val-d'Or area of Quebec, were deemed outside the core focus area for future exploration.

  • seekingalpha.com
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    Shares of Nutanix fell ~8% after reporting Q1 results, despite substantially beating Street expectations and raising full-year margin and FCF estimates. Nutanix's Q1 results show a 16% revenue growth, surpassing expectations and accelerating versus 11% growth in Q1, with a significant increase in ARR and customer base, indicating strong business momentum. The company has baked U.S. federal purchasing uncertainty into its full-year outlook, which means that its outlook has an opportunity if federal purchases play out like in prior years.