TechnipFMC Earnings: Subsea 2025 Estimates Revised Upward
Following our review of TechnipFMC, we lift our fair value estimate to $25.50 from $25 driven by strong performance in the subsea segment. Our revised fair value estimate is roughly in line with ...
GE Vernova Earnings: Orders Remain Strong Ahead of Long-Term Guidance Update
We’ve increased our fair value estimate for GE Vernova stock after raising our future gas power revenue assumptions.
Corn Futures Rise in Anticipation of Strong Export Sales — Daily Grain Highlights
Showing Improvement: Weather in U.S. crop-growing areas is becoming increasingly more supportive for grain futures, in part because of wet soils for winter crops and crops expected to be planted in ...
New York Fed to Tweak SOFR Formula Next Month
SOFR represents the overnight rate to borrow cash when using Treasury securities as collateral. SOFR gained prominence as a replacement for the London Interbank Offered Rate, or Libor, which has been ...
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...
Front Month Nymex Natural Gas Rose 7.69% to Settle at $2.5220 — Data Talk
Front Month Nymex Natural Gas for Nov. delivery gained 18.00 cents per million British thermal units, or 7.69% to $2.5220 per million British thermal units today --Largest one day percentage gain ...
Tesla's stock having best day since 2013. Why it's still hard not to be bullish.
As Tesla Inc.'s stock heads for one of its best days ever, Piper Sandler analyst Alexander Potter's note sums up why that might be the case. "This Was an Unexpectedly Good Quarter in Almost Every Way, ...
'DJT' is booming. Here's why other SPAC stocks haven't been so lucky.
However, even the slight returns on the IPOX SPAC Index beat out the De-SPAC Index, which tracked a bucket of U.S. companies that had gone public via SPAC mergers. After a sizable jump in 2020, the De ...
3M Currently Down Six Days Straight, On Pace for Longest Losing Streak Since September 2023 — Data Talk
--Longest losing streak since Sept. 28, 2023, when it fell for 10 straight trading days --Worst six day stretch since the six days ending Jan. 30, 2024, when it fell 11.36% ...
Icon PLC Down Over 19%, on Pace for Largest Percent Decrease Since March 1999 — Data Talk
--On pace for largest percent decrease since March 30, 1999, when it fell 50.93% --Currently down four consecutive days; down 24.11% over this period --Longest losing streak since Sept. 10, 2024, when ...
Ioneer Gets U.S. Approval for Lithium-Boron Project in Nevada
Ioneer said Rhyolite Ridge will be the first U.S. lithium project approved by the Biden Administration, and that the site is the only known lithium-boron deposit in North America. It will supply ...
Marketwide Challenges Drag Zeiss' Sales and Margins, but Favorable Long-Term Drivers Intact
OPT makes up roughly 75% of Zeiss’ total sales and key markets in the segment include ophthalmic diagnostics and surgical ophthalmology. With a low-teens market share, Zeiss is the second-largest ...