I covered SanDisk’s Investor Day Aug. 14, when the company revealed a long-term financial framework calling for 80% gross margins, 75% operating margins, and 100% excess cash return to shareholders. The market responded with a Read more…
A federal appeals court just handed Gilead Sciences (GILD) a legal win that extends into the company’s revenue. The decision blocks a group of companies from importing cheaper foreign versions of Gilead’s top HIV drug Read more…
Somewhere between the excitement of retirement and the reality of tax bills, most retirees discover that the IRS has opinions about their savings they never anticipated. Required minimum distributions arrive at age 73, whether the Read more…
The dollar index hit the lowest levels in two months on Monday, following eventual break of key 99.50 support zone (daily Ichimoku cloud base / trendline support) which recently resisted several attacks. The dollar is Read more…
A discount grocery chain is continuing to shrink parts of its store network after acknowledging it expanded too quickly, with another round of closures adding to dozens of locations already eliminated this year. The latest Read more…
Netflix stock has taken a beating in recent months, down 42% from its all-time highs. For a company once seen as untouchable, the ongoing decline may be making investors nervous. Notably, Bill Ackman just built Read more…
Impressive corporate results have propelled the S&P 500 to record highs. The US stock market may be entering a ‘Goldilocks’ phase. The S&P 500 has retreated from its record highs amid concerns about a cooling Read more…
Every company eventually decides which customers it wants. The harder decision, and the one that never gets a press release, is which customers it can afford to lose. For most of the past century, Ford Read more…
OpenAI has spent years being known for one thing: ChatGPT, and the millions of people who type questions into it every day. However, that is no longer where most of its money comes from. On Read more…
Space equities can have dramatic rises, but investors eventually need more than a compelling mission and a solid story. Intuitive Machines (LUNR) may be starting to deliver. Stifel upgraded the space-infrastructure company to Buy from Read more…