It’s not yet known how Donald Trump will resolve TikTok’s complicated legal limbo, but what does seem clear is that the fate of the social media app is increasingly linked in the president's mind to his top issue of tariffs.
Investing.com -- DigitalOcean Holdings shares were trading up more than 6% after Citi initiated coverage on the stock with a "Buy" rating and a $45 price target given leadership overhaul and new growth strategies as catalysts for a turnaround in the cloud infrastructure provider’s fortunes.
NextEra Energy Inc (NYSE:NEE) shares are trading higher after it reported fourth-quarter FY24 results. Revenue of $5.385 billion missed the estimate of $7.525 billion and adjusted EPS of $0.53 was in line with the consensus. Operating income declined to $941 million from $2.660 billion in the year-ago quarter. Florida Power & Light Company (FPL) segment adjusted net income declined slightly to $845 million from $846 million in the third quarter of 2023. Meanwhile, Next Energy Resources’ adjusted
Verizon (NYSE: VZ) stock is climbing Friday following the company's fourth-quarter earnings release. The telecom company's share price was up 1.3% as of 12:15 p.m. ET and had been up as much as 3.9% earlier in the daily session. Verizon published its Q4 report before the market opened, posting earnings that were in line with Wall Street's expectations and sales that beat the target.
As equity markets (^DJI, ^IXIC, ^GSPC) consider the volatility driven by President Trump's possible tariff actions or the Federal Reserve's next interest rate move, how are these same factors playing out in the options market? "Options have always been a good tool to try to manage your portfolio, or try to manage the downside risk of your portfolio, or even try to take advantage of some of the potential upside of the portfolio," Equity Armor Investments CEO Luke Rahbari explains to Yahoo Finance. Rahbari lays out how he uses put option tactics, while noting Honeywell International (HON) and Oracle (ORCL) as two stocks he feels comfortable selling puts on. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.
Mukesh Ambani's Reliance is planning to build what could become the world's largest data center in Jamnagar, India, with a capacity of 3 gigawatts to capitalize on surging AI demand. The facility would dwarf the current largest data center, Microsoft's 600-megawatt site in Virginia, Bloomberg reported Friday. The project could cost between $20 billion and $30 billion, the report added. In 2020, Ambani raised more than $25 billion from a group of investors, including Meta, Google, Silver Lake, Ge