Industrials

Gainers Silicon Motion Technology Corporation (NASDAQ: SIMO) shares climbed 78.9% to $93.40 following a report suggesting China approval of the company's Maxlinear merger. Mallinckrodt plc (NYSE: MNK) gained 70% to $0.75. Sources said Mallinckrodt is considering bankruptcy as part of plan to...

Gainers PainReform Ltd. (NASDAQ: PRFX) jumped 45.5% to $10.34 after declining 8% on Wednesday. PaiReform recently regained compliance with Nasdaq continued listing requirements. T2 Biosystems, Inc. (NASDAQ: TTOO) shares gained 22.8% to $0.1255 after the FDA granted Breakthrough Device designation...

ManpowerGroup Inc (NYSE: MAN) reported a second-quarter FY23 sales decline of 4% year-on-year to $4.856 billion, beating the analyst consensus of $4.85 billion. The challenging operating environment in the U.S. and Europe contributed to revenue declines in Manpower, Experis and...

Although US stocks closed mostly higher on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock....

(Tuesday market open) The morning kicks off with more big banks beating analysts’ earnings expectations, but major indexes were barely changed in premarket trading. Retail Sales—an important barometer of consumer health—rose less than expected in June. Both Bank of...

Economists expect this morning’s retail sales data to show the strongest growth since January. If a recession is coming, somebody forgot to tell the consumer! Market Prices as of 4 pm EST, 7/17/23 Macro China represents the world’s largest market for chipmakers. In 2022, it was...

Wall Street Journal NBCUniversal's Peacock Streaming Service Raises Subscription Price For First Time Since Debut NBCUniversal has announced that Peacock's first price increase since the streaming platform debuted in 2020 will go into effect next month. The decision to raise...

Lockheed Martin Corp (NYSE: LMT) reported second-quarter FY23 net sales growth of 8.1% year-over-year to $16.69 billion, above the consensus of $15.91 billion. Adjusted EPS of $6.73 (+6.5% Y/Y) topped the consensus of $6.45. The gross margin contracted 14 bps to 12.5%. The...

The CNN Money Fear and Greed index remained in the "Extreme Greed" zone on Monday. The Dow Jones recorded gains for the sixth straight session on Monday, and settled at its highest level in 2023. On the economic data front, the NY Empire State Manufacturing Index fell by 5.5 points from...

(Monday market open) Earnings season spreads its wings this week with reports from several giant banks and a mega-cap company on the schedule, along with a dose of consumer-oriented retail sales and housing data. Today’s calendar is light, but things liven up the next few days as ...

(Tuesday market open) An uneventful start to the week belies the excitement ahead. Inflation data and earnings season loom, with tomorrow’s Consumer Price Index (CPI) representing the opening salvo. There’s a strong likelihood that Wednesday’s eagerly awaited June...

Lawmakers have reportedly warned against L3Harris Technologies Inc (NYSE: LHX) and Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) merger deal. U.S. Senator Elizabeth Warren, a Democrat and frequent merger critic, joined three other lawmakers, who have urged the Defense...

Gainers Prestige Wealth Inc. (NASDAQ: PWM) shares jumped 65.6% to $8.28. Prestige Wealth reported pricing of $5 million initial public offering of 1 million shares of common stock at a price of $5 per share. Gorilla Technology Group Inc. (NASDAQ: GRRR) jumped 68.9% to $3.52 after the company...

Lately, it seems like the only thing that can stop the U.S. equity markets is a holiday early close. Heading into the 4th of July celebration, major stock indices are enjoying a festive 2023 thanks to 1) waning expectations of a long anticipated recession and 2) retreating inflation. ...

Lindsay Corp (NYSE: LNN) said its Board of Directors increased the quarterly cash dividend to $0.35 per share, representing a 3% increase to the previous quarterly indicated rate of $0.34 per share. The dividend is payable on August 31, 2023, to shareholders of record at the close of...