PEY Pertinent for Equity Income Investors
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PEY Pertinent for Equity Income Investors

This article was originally published on ETFTrends.com. Through the first half of 2026, artificial intelligence (AI) and technology continued dominating the U.S. equity landscape, prompting some investors to gloss over the long-term value of dividend growth investing. With the second half upon us, market participants might want to reconsider that perspective. That could prove to…

Onsemi to sell two chipmaking plants to cut costs
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Onsemi to sell two chipmaking plants to cut costs

July 7 (Reuters) – Chipmaker Onsemi on Tuesday said it will sell two manufacturing facilities as part of ā€Œbroader push to cut costs and boost profit ā€Œmargins. Shares of the company were down more than 3% in premarket ​trading. They have gained nearly 75% this year. Here are some details: • Onsemi makes power and…

Daily Spotlight: SpaceX Helps IPO Market Rebound
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Daily Spotlight: SpaceX Helps IPO Market Rebound

Summary Elon Musk’s SpaceX helped revive the IPO market in 2Q26 — and may set the stage for a healthy second half of the year. Led by SpaceX, a total of 48 companies completed initial public offerings in 2Q26, up 45% compared to 33 in the first quarter, despite rising inflation and higher energy prices…

Technical Assessment: Bullish in the Intermediate-Term
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Technical Assessment: Bullish in the Intermediate-Term

Summary There is a lot of talk about how the stock market in 2026 has broadened from the trillion-dollar club to the mega-caps to the large-caps to the mid-caps and to the small-caps. That’s a simple economic idea also known as the trickle-down theory. And here, it makes good sense, as the great beneficiaries of…

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall
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Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) – Samsung Electronics on Tuesday flagged a 19-fold jump in second-quarter operating profit, surpassing its combined earnings over the past three years, but investors wiped more than $80 billion off its market value on concerns over how long the AI bonanza ā€Œwill last….

Stock market today: S&P 500, Nasdaq slip after Samsung results spark chip sell-off
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Stock market today: S&P 500, Nasdaq slip after Samsung results spark chip sell-off

US stocks mostly fell on Tuesday after Samsung’s (016360.KS) quarterly results sparked renewed selling in chip stocks and oil prices edged higher. The Dow Jones Industrial Average (^DJI) rose 0.4% on the heels of a record-setting day on Wall Street. However, the S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) fell 0.1% and 0.5%, respectively….

Big Oil Heads for Record Profits as Trump Turns Up the Heat on Gas Prices
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Big Oil Heads for Record Profits as Trump Turns Up the Heat on Gas Prices

The oil majors are set for windfall earnings for the second quarter, which saw crude oil prices jump to a four-year high due to the closure of the Strait of Hormuz. The earnings at both ExxonMobil and Chevron are expected to have tripled in the April to June quarter compared to the first quarter, as…

Wall Street regulator should stick to quarterly reports, investorĀ groups say
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Wall Street regulator should stick to quarterly reports, investorĀ groups say

WASHINGTON, July 6 (Reuters) – The investment industry is urging Wall Street’s top regulator to stick to its current practice of requiring quarterly reporting from publicly traded companies, according to ā€Œthe balance of public comment letters available on Monday. Responses to a proposal to let companies ā€Œopt for semiannual reporting underscored a divide between investor…

Shell And ExxonMobil Are Betting Billions On Nigeria’s Deepwater Comeback
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Shell And ExxonMobil Are Betting Billions On Nigeria’s Deepwater Comeback

Nigeria is trying to rebuild its energy industry from the ground up, not only trying to recover lost crude production, but working to turn itself into Africa’s dominant refining, gas, capital markets and energy export hub. The clearest test is the Dangote Refinery. The 650,000-barrel-per-day plant has already changed Nigeria’s fuel market and is now…

Stock Indexes Settle Higher as Big Tech and Chip Stocks Rally
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Stock Indexes Settle Higher as Big Tech and Chip Stocks Rally

The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.26%.  September E-mini S&P futures (ESU26) rose +0.82%, and September E-mini Nasdaq futures (NQU26) rose +1.35%.  Stock indexes settled higher on Monday, with the S&P 500 posting a 2.5-week…

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