By Fabiola Arámburo and Mrinmay Dey Aug 26 (Reuters) – KKR has agreed to pay $250 million to settle a U.S. antitrust case which accused the private equity giant of repeatedly violating federal premerger filing requirements and evading antitrust scrutiny in at least 16 transactions. The U.S. Department of Justice said on Wednesday that the…
Georgia Power has secured regulatory approval for a contract to supply OpenAI’s planned project in Effingham County, Georgia, adding 3,200 megawatts of potential new electricity demand to one of the fastest-growing large-load markets in the United States. The agreement, approved through the Georgia Public Service Commission’s regulatory process, requires OpenAI to cover the full cost…
Shopify Shopify SHOP $ 150.29 $3.59 2.33% 41% IBD Stock Analysis Stock eyeing 158.87 buy point SHOP gains on strong fundamentals IBD Composite Rating 99/99 Industry Group Ranking 9/197 Emerging Pattern Cup with Handle Cup with Handle A positive chart pattern named such because it resembles the outline of a coffee cup with a handle….
Nvidia Corporation (NASDAQ: $NVDA) shares reversed an early after-hours drop Wednesday after the chipmaker posted record fiscal second-quarter revenue and guided above Wall Street expectations, extending the AI infrastructure boom into another quarter. Revenue reached $96.2 billion for the quarter ended July 26, up 106% from a year earlier and 18% from the previous quarter….
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…
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