Quick Read Jensen Huang (NVDA) dismissed AI job loss fears as “complete nonsense,” arguing productivity gains push companies to hire more engineers, not fewer. Nvidia posted $81.6 billion in Q1 FY2027 revenue, up 85% year over year, with Data Center sales surging 92%. The analyst who called NVIDIA in 2010 just named his top 10…
By Dan Catchpole June 3 (Reuters) – Honeywell Aerospace told investors on Wednesday that it expects to book $6.5 billion in adjusted earnings by 2030, fueled by strong demand from jetmakers and defense customers, along with a sharper focus after its split from Honeywell International later this month. To get there, the aircraft engine, parts…
Whenever the U.S. stock market gets top-heavy, Wall Street’s marketing machine gets cranking. The cycle turns back to a favorite narrative: geographical diversification. Retail investors are urged to dump their concentrated domestic shares and buy single-country ETFs to capture untapped, uncorrelated growth cycles abroad. More News from Barchart There’s no crystal ball in investing. At least…
Partners Group Exposes Private Equity’s Liquidity Mismatch – Moby THE GIST Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why it’s our #1 pick. Tap here. The long-feared contagion across private capital markets has officially breached the walls of private…
Macy’s (M) reported its best growth in four years in the first quarter and raised its 2026 outlook despite pressure on US consumers. The company benefited from its higher-income shoppers as economists point to a K-shaped economy that continues to divide US consumers. Macy’s CEO Tony Spring told Yahoo Finance that the department store struck…
The Philadelphia Semiconductor Index ($SOX) is captured via the popular Semiconductor Ishares ETF (SOXX) — and it just hit a major milestone. The Philly Semi Index recently crossed the 10,000 mark for the first time. That’s a milestone for sure. But at the same time, the underlying stocks in SOXX have an internal rift. Some…
Livingston-headquartered CoreWeave (CRWV) was in the spotlight on June 2 after BNP Paribas analysts led by Stefan Slowinski initiated coverage with an “Outperform” rating. “We view CRWV as one of the most strategically important firms within the artificial intelligence (AI) infrastructure ecosystem,” they told clients in a research note on Tuesday. More News from Barchart…
Alcoa (AA) shares rallied on June 2 as aluminum prices on the London Metal Exchange hit a four-year high as the Strait of Hormuz disruptions tightened supply. This single-day surge pushed AA’s relative strength index (RSI) into the mid-70s, indicating “overbought” conditions that often attract profit-takers. More News from Barchart Alcoa stock has been a…
The dollar index (DXY00) today is up by +0.23%. The dollar is moving higher today and is being supported by a +1% increase in WTI crude oil prices, which lifts inflation expectations and may prompt the Fed to tighten monetary policy, a bullish factor for the dollar. Gains in the dollar accelerated today on stronger-than-expected…
Old Dominion Freight Line saw further improvement in its operating metrics during May, as the less-than-truckload industry is now seeing a demand bump from the industrial economy. The Thomasville, North Carolina-based company reported a 12.3% year-over-year increase in revenue per day during the month. The result outpaced a previously reported 7.6% revenue increase in April….
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