Key Points Interested in Nutanix? Here are five stocks we like better. Nutanix exceeded its fiscal fourth-quarter guidance, reporting record revenue of $757 million, 16% year-over-year ARR growth to $2.549 billion, and a 26.2% non-GAAP operating margin. Fiscal 2026 free cash flow reached $841 million, with a 29% margin. Management highlighted strong demand for external…
Key Points Interested in NVIDIA Corporation? Here are five stocks we like better. Record growth continued: NVIDIA reported fiscal Q2 revenue of $96 billion, more than double the prior year, with data center revenue reaching $89 billion. The company forecast $108 billion in third-quarter revenue and expects approximately 70% fiscal 2028 growth, constrained by supply….
If you’ve spent any time on social media lately, you’ve probably come across trends such as “looksmaxxing,” “sleepmaxxing,” and even “proteinmaxxing.” The “-maxxing” trend is basically internet shorthand for taking something in your life and trying to optimize it as much as possible. And users are now adapting the concept for their financial lives. If…
Drugmakers have to jump through several research and regulatory hoops before their treatments can reach pharmacy counters and store shelves. While pharmaceutical giants manage those challenges in-house, smaller companies outsource that work to companies like the Wednesday IBD 50 Growth Stock To Watch pick Medpace Holdings (MEDP). Shares of the medical research contractor soared to…
Key Points Interested in National Bank of Canada? Here are five stocks we like better. Strong quarterly performance: National Bank’s adjusted EPS rose 26% year over year to CAD 3.39, while revenue increased 18%, ROE reached 16.8% and CET1 capital stood at 13.51%. Broad-based segment growth: Wealth management net income climbed 22%, capital markets rose…
Enbridge is expanding deeper into the Permian Basin with a $600 million acquisition of Salt Creek Midstream’s crude oil gathering business, strengthening the pipeline giant’s ability to move barrels from the Delaware Basin to export markets on the U.S. Gulf Coast. The cash deal includes full ownership of the Orla and Wink North gathering systems…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Coinbase Global Inc. CEO Brian Armstrong urged aspiring entrepreneurs to act on their ideas rather than let fear of failure and hesitation prevent them from getting started. Armstrong Urges Entrepreneurs To Take Action On Monday, Coinbase CEO shared…
The dollar index (DXY00) is up by +0.23% today. The dollar is moving higher today on signs of strength in the US economy after July personal spending and income rose more than expected and Q2 personal consumption was revised upward. Higher bond yields today have also strengthened the dollar’s interest rate differentials. Gains in…
The Dow Jones Industrial Average and the other major stock indexes dropped Wednesday as Wall Street reacted to a key inflation report. Meanwhile, investors awaited Nvidia (NVDA) earnings due after the close as retailer Abercrombie & Fitch (ANF) soared on its results on the stock market today. The Dow lost 0.2% Wednesday morning. The S&P…
India’s state-owned Oil and Natural Gas Corporation (ONGC) plans to invest about $200 million to revive production at the San Cristobal oilfield in Venezuela, which it shares with Venezuelan state oil firm PDVSA, Indian outlet Economic Times reported on Wednesday, citing sources with knowledge of the development. ONGC’s overseas unit ONGC Videsh Ltd (OVL) holds…
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