The semiconductor market is poised to expand in 2025. Investors, thus, should keep a tab on stocks NVIDIA and TSMC but avoid Advanced Micro Devices. Here's why -
Goldman Sachs analyst Neil Mehta cut the price forecast for Exxon Mobil Corporation (NYSE:XOM) from $125 to $123 ahead of the company’s fourth-quarter results, which will be reported on January 31, 2025. The analyst updates ExxonMobil estimates to reflect mark-to-market commodity prices and incremental Upstream guidance, maintaining a Neutral rating. While the company benefits from strong execution, shareholder returns (~8% capital returns yield in 2025/2026), and premium Upstream assets (Permia
ChatGPT maker OpenAI's new Operator AI agent could have huge implications for Google Search, gig economy companies like Uber, and digital advertisers, according to analysts.
Shares of Lumen Technologies (NYSE: LUMN) are up Friday. The leg up comes as the S&P 500 and Nasdaq Composite lost 0.3% and 0.5%, respectively. Shares of Lumen were elevated by the recent announcement of President Trump's Project Stargate.
Discount store chain Target said Friday that it would join rival Walmart and a number of other prominent American brands in scaling back diversity, equity and inclusion initiatives that have come under attack from conservative activists and, as of this week, the White House. The Minneapolis-based retailer said the changes to its “Belonging at the Bullseye” strategy would include ending a program it established to help Black employees build meaningful careers, improve the experience of Black shoppers and to promote Black-owned businesses following the police killing of George Floyd in 2020. Target, which operates nearly 2,000 stores nationwide and employs more than 400,000 people, said it already had planned to end the racial program this year.
NextEra Energy (NEE) is rising 5% today after the firm announced that it was taking steps to boost its natural gas and nuclear output in order to meet the surging demand for electricity. The latter trend is being sparked by the AI boom. A New Partnership and a Nuclear Initiative On NextEra’s fourth-quarter earnings call […]