Markets and Business News Review

Retail Traders Warm Up to Opendoor (OPEN) Again

Austin Smith — Mon, 27 Oct 2025 22:24:30 -0400

Key Points

Opendoor Technologies is the latest meme stock to go parabolic
So far, the rally is mostly narrative and not performance driven
Leadership changes could bode well for long term investors as the company repositions itself
Some investors get rich while others struggle because they never learned there are two completely different strategies to building wealth. Don’t make the same mistake, learn about both here.

Retail Traders Are Warming Up to Opendoor Again

Opendoor (OPEN) shares jumped 12.7% over the past five trading days, finally settling in and closing at $8.16 today. This reverses a slide that Opendoor has seen since early September, when they recently peaked around $10.21 a share

The turnaround coincides with a noticeable shift in retail investor sentiment on platforms like Reddit and X. The stock has now gained 413.84% year-to-date, transforming from a cautionary tale into what traders are openly calling a meme stock with legitimate turnaround potential. What started as skepticism in early October has evolved into cautious optimism, with sentiment scores climbing from neutral territory into somewhat-bullish range by late October.

What’s behind the drive? There are a few bright spots, but specificly:

Co-founder Keith Rabois has rejoined the board as Chairman
The former CEO, Carrie Wheeler resigned in August. She had lost the support of the investor base, and Rabois
a broader recognition among retail traders that Opendoor’s AI-driven platform improvements and the housing market recovery narrative are gaining traction
There is a lot of enthusiasm about lowered interest rates, which would help Opendoor and other housing related stocks like Zillow Group (Nasdaq: ZG), and Rocket Companies (NYSE: RKT)

Volume Spikes Confirm Renewed Retail Interest

Trading activity tells the story of shifting sentiment. OPEN saw explosive volume on Sept 11 (1.01 billion shares), marking the initial meme stock breakout. After a 26% correction in late September, volumes remained elevated through October, averaging 200-288 million shares on rally days. The Oct 24 surge to $8.39 drove 208 million shares, and Oct 27 closed with 110 million shares, well above the normal 50-100 million daily average. This sustained activity signals that retail traders haven’t abandoned the position; they’ve simply repositioned it.

What Comes Next

The sentiment shift is real and measurable. Traders have moved from questioning whether to buy OPEN to actively accumulating on dips. But that shift is entirely sentiment-driven, not fundamentals-driven. Watch for the next quarterly earnings report to see if operational improvements translate to narrowing losses. Monitor whether OPEN can hold above the $7.01 50-day moving average if retail enthusiasm wanes. Compare OPEN’s momentum to competitors like Z and RDFN, which lack the meme stock tailwind but offer more stability.

For now, OPEN has traders’ attention. Whether it keeps it depends on whether the turnaround story holds up under scrutiny or whether this becomes another chapter in the meme stock cycle.

What other companies could catch meme stock fever next? Meme mania lighting rarely strikes twice, but if you believe low interest rates will be a tailwind to the sector, look to other housing related stocks like Zillow Group (Nasdaq: ZG), and Rocket Companies (NYSE: RKT)

Why Some Investors Get Rich While Others Struggle

The fact is there are two totally different investment paths you can take right now. And while either can make you some money, choosing the right one at the right time can mean the difference between just getting by and getting truly rich. Most people don’t even realize the difference, and that mistake can be devastating for your portfolio. Whether you’re investing $1,000, or $1,000,000 today, learn the difference and put yourself on the right path. See the report.

The post Retail Traders Warm Up to Opendoor (OPEN) Again appeared first on 24/7 Wall St..

The ‘Sleeper Issue’ at the Heart of Trump’s Trade War on China

Alexandra Stevenson — Mon, 27 Oct 2025 21:43:57 -0400

Concern is increasing throughout Southeast Asia as U.S. officials, intent on slowing China, have yet to say how they will define the origin country of imports.

What is driving the world’s best-performing stock market?

Mon, 27 Oct 2025 21:29:09 -0400

South Korea’s Kospi has gained more than 66% this year on AI and corporate governance reform bets

Government Shutdown Imperils SNAP and Other Antipoverty Programs

Linda Qiu and Eileen Sullivan — Mon, 27 Oct 2025 21:22:53 -0400

Within days, tens of millions of low-income Americans may lose assistance for food, child care and utilities if the federal government remains shut down.

Lukoil unveils plans to sell its international assets

Mon, 27 Oct 2025 20:15:56 -0400

Russia’s second-largest oil producer makes move after the US imposed sanctions on the company

Qualcomm Just Entered AI Chip Race. Can it Catch AMD and Nvidia?

Joey Frenette — Mon, 27 Oct 2025 19:52:44 -0400

Shares of underrated semiconductor firm Qualcomm (NASDAQ:QCOM) were off to the races on Monday, blasting off more than 11% in a single session, as news broke that the firm will be entering the AI chip race, clashing with titans like Advanced Micro Devices (NASDAQ:AMD) and Nvidia (NASDAQ:NVDA).

Even if Qualcomm weren’t to catch up to the top two leaders in the AI accelerator scene, I view its latest pivot as a massive win, especially when you consider there’s still likely ample economic profits to be had by AI chip makers outside of the top two. Add the circular deals we’ve witnessed in the AI scene, and I do view the latest development in Qualcomm as a big one that warrants the excitement surrounding QCOM stock’s double-digit percentage move.

Undoubtedly, if there’s a firm that can execute as it enters the AI chip race, it’s Qualcomm, a firm that I pounded the table on in a previous piece, citing it as a “lesser-appreciated” semiconductor company whose “AI chip efforts should help fuel a comeback in shares” well before a 6G connectivity boom (likely in a few years down the road) had a chance to work its way into the bottom line.

With Qualcomm now punching its ticket to the race, the big question is how analysts will change their stance on the stock and by how much. Of course, many analysts seem to think that the latest pop in shares is more than warranted.

Key Points

Qualcomm’s poised to make a big splash in the AI chip race, with AI200 to launch next year and AI250 in 2026.
Even if Qualcomm can’t top AMD and Nvidia, settling into number-third spot could still mean huge things for its stock.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Qualcomm is entering the AI chip race. It could keep AMD and Nvidia on their toes

Though time will tell how many dollars Wall Street adds to its QCOM stock price targets, I do think that the latest upside surge in the name is more than buyable, even if it’s too early in the game to tell if Qualcomm’s offering will be able to take share away from the likes of Nvidia or AMD.

At less than 20 times trailing price-to-earnings (P/E), I still don’t view Qualcomm as appropriately valued, given the potential upside if it can produce an AI chip that keeps Nvidia on its toes. Even if Qualcomm’s AI200 series of chips can’t challenge Nvidia head-on, they could still act as a massive needle mover for the shares.

As we found out with AMD, another stock that I’ve praised in recent months as a great catch-up play, you don’t need to be in that top spot to profit from the surge in AI chip demand.

Qualcomm’s latest AI chip spike may be just the start

In any case, Qualcomm’s stock breakout is a long time coming, and with shares still off by just over 17% from all-time highs, I do think new highs could be in the cards as more investors move from the frothier AI stocks towards those that are still attractively valued.

Whenever you have an AI chip maker like QCOM trading at 13.9 times forward P/E, I think it’s hard to make a case that AI stocks are in a bubble. Either way, I’m a massive fan of Qualcomm’s move into AI chips and think it’ll be successful as it looks to pull the curtain on the AI200 chip in 2026 and the AI250 in 2027.

Though I think the 11% single-day surge is justified, I view the move as not all too surprising.

If Qualcomm is to participate (to a greater extent) in this AI boom, it needs to roll up its sleeves and get spending on efforts like the AI200 series. Combined with the 6G revolution, which could begin to really kick in before 2030, and I’m inclined to view Qualcomm as one of the next big forces in AI to enjoy considerable multiple expansion because with a forward P/E in the teens, I think the name is being significantly undervalued by the market.

The bottom line

After Monday’s move, I think an upward course correction has already begun. And it will be interesting to see how steep Qualcomm’s rally will be, as investors and analysts mark their calendars next year for the AI250, which may very well make good on the “generational leap in efficiency” the firm is promising.

Given the power-efficient semi design talent that Qualcomm brings to the table, I think it’s a mistake to discount the company’s move into AI-driven chips. It’s a pricey and ambitious effort, to say the least, but one that’s necessary if the firm is to reinvent itself and attract a higher multiple on its shares again.

Arguably, efficiency gains are where the puck may be headed next in the world of AI chips, as the next phase of the boom plays out. And in that regard, I view Qualcomm as very well-positioned. So, whether you’re looking for an AI catch-up trade or a name that defies the “AI bubble” headlines, QCOM stock looks too good to pass up.

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance, and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor. Here’s how:

Answer a Few Simple Questions.
Get Matched with Vetted Advisors
Choose Your Fit

Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)

The post Qualcomm Just Entered AI Chip Race. Can it Catch AMD and Nvidia? appeared first on 24/7 Wall St..

Forge Global explores sale after share price plunge

Mon, 27 Oct 2025 19:44:38 -0400

Platform for trading stakes in private start-ups went public in 2021 through reverse merger with blank cheque company

Biomarin Up After Q3 Earnings: Here’s Everything You Need to Know

Eric Bleeker — Mon, 27 Oct 2025 19:08:46 -0400

BioMarin Pharmaceutical (Nasdaq: BMRN) missed both revenue and earnings estimates in the third quarter, and yet, shares are up 1% in after-hours trading. Let’s dig into what happened in the company’s third quarter and what it says about the future for the company.

The stock closed at $52.67, erasing earlier gains and reflecting investor disappointment despite some bright spots in the company’s pipeline and cash position.

Miss Overshadows Strong Cash Generation

BioMarin reported adjusted EPS of $0.12 against expectations of $0.32, a significant shortfall. Revenue came in at $776 million versus the $780.2 million consensus estimate. On a GAAP basis, the company posted a $31 million loss, driven largely by a $221 million charge related to the Inozyme Pharma acquisition. The contrast is stark: adjusted net income fell to $22 million from $106 million in the same quarter last year, a decline of 79 percent.

What caught my attention was the operating cash flow number. It surged 229 percent year over year to $728.4 million, a significant strength that underscores the company’s ability to convert revenue into cash despite the bottom-line pressure. The company’s cash position also strengthened to $1.25 billion, up 85 percent annually.

Growth Drivers Keep Momentum

Two franchises delivered the goods. VOXZOGO, BioMarin’s treatment for achondroplasia, posted 24 percent year-over-year revenue growth. More importantly, PALYNZIQ achieved its third consecutive quarter of 20 percent or better growth, demonstrating sustained demand in the company’s Enzyme Therapies segment. These are the engines that matter right now.

Management raised full-year revenue guidance at the midpoint, signaling confidence in the trajectory of these core assets through year-end. CEO Alexander Hardy noted that both the Enzyme Therapies and Skeletal Conditions units drove results “with more than 20% revenue growth from PALYNZIQ and VOXZOGO.”

Adjusted Profit Craters Despite Revenue Stability

The real concern sits in the margin compression. Adjusted net income collapsed 79 percent to $22 million from $178 million in Q3 2024, even as revenue grew modestly at 4 percent year over year. That’s a profitability cliff that investors didn’t expect. ALDURAZYME sales volume also decreased, adding to headwinds in the legacy portfolio.

You’ll want to watch whether this compression is temporary or structural. The Inozyme charge was a one-time event, but the underlying adjusted earnings miss suggests operational challenges beyond acquisition accounting.

Key Figures

Adjusted EPS: $0.12 (vs. $0.32 expected); down 79% YoY
Revenue: $776M (vs. $780.2M expected); up 4% YoY
GAAP Net Income: Loss of $31M (vs. $106M profit in Q3 2024)
Adjusted Net Income: $22M (down from $178M YoY)
Operating Cash Flow: $728.4M; up 229% YoY
Cash Position: $1.25B; up 85% YoY
VOXZOGO Revenue Growth: 24% YoY
PALYNZIQ Growth: 20%+ YoY (third consecutive quarter)

The cash flow surge is the silver lining here. It gives BioMarin room to invest in pipeline expansion without financial strain.

Management Sounds Cautiously Optimistic

Hardy emphasized the contributions from core business units and flagged upcoming catalysts. The company is pursuing a divestiture of ROCTAVIAN to streamline focus, initiating a Phase 2/3 study for BMN 333 in 2026, and expects pivotal data for VOXZOGO in hypochondroplasia next year. It’s also expanding VOXZOGO access to 60 or more countries by 2027, signaling confidence in that franchise.

The tone was measured. Management didn’t oversell near-term momentum but pointed to tangible catalysts that could drive the stock if execution holds.

What Matters Now

Investors will be parsing whether the earnings miss reflects a one-time operational adjustment or a sign of slower underlying growth. The cash flow strength and guidance raise suggest management still sees a path forward, but the stock’s 3.3 percent decline signals the market wanted better numbers today. Watch Q4 for confirmation that VOXZOGO and PALYNZIQ can sustain their growth rates into 2026. That’s where the real story unfolds.

The Next Nvidia Could Change Your Life

If you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over. The 24/7 Wall Street Analyst who first called Nvidia’s AI-fueled rise in 2009 just published a brand-new research report named The Next Nvidia. In it, they profile the three stocks that could profit most from the AI explosion that aren’t named Nvidia. Click here to access your free copy.

The post Biomarin Up After Q3 Earnings: Here’s Everything You Need to Know appeared first on 24/7 Wall St..

Cadence Down 1% After Reporting Q3 Earning: Here’s What You Need to Know

Eric Bleeker — Mon, 27 Oct 2025 18:41:52 -0400

Cadence Design Systems (NASDAQ: CDNS) delivered a decisive beat on both earnings and revenue in Q3, raising full-year guidance and signaling momentum that investors rewarded immediately. Yet, the stock dropped about 1% in after-hours trading after closing at $351.40. Overall, the company demonstrated sustained strength across its AI-driven design software business. What caught my attention wasn’t just the headline numbers, but the record backlog and the confidence baked into management’s forward outlook.

Let’s dive into what Cadence announced and why shares are falling slightly after-hours despite the Q3 beat.

Record Backlog Signals Runway Ahead

Cadence posted record backlog of $7.0B, a clear indicator that customer demand is translating into locked-in revenue visibility. This matters because backlog converts to future cash and reduces forecast uncertainty. The company also completed its acquisition of Arm Artisan Foundation IP and signed a deal to acquire Hexagon’s Design and Engineering business. These moves reinforce Cadence’s strategy to consolidate the EDA (electronic design automation) market and deepen its AI integration capabilities. Management sounded confident about the trajectory. CEO Anirudh Devgan stated the company is “raising our full year revenue outlook to approximately 14% growth year-over-year,” a meaningful lift that reflects sustained broad-based strength across the business.

Execution Beats Expectations

Revenue came in at $1.34B, topping the $1.32B consensus estimate and up 10.16% year over year. Non-GAAP EPS of $1.93 beat the $1.79 estimate by a meaningful margin. Net income grew 20.58% to $287.1M, and operating cash flow surged 186.66% to $1.18B. That cash flow jump deserves attention. It signals the company is converting growth into actual cash, not just accounting profits. The IP business maintained strong momentum, and hardware posted a record Q3 quarter with expansions at AI and high-performance computing customers. I’d watch the hardware segment closely. It’s where Cadence’s infrastructure play is gaining traction as customers build out AI capabilities.

Margins Hold Despite Scale

Non-GAAP operating margin remained robust at 47.6%, while GAAP operating margin stood at 31.8%. The company maintained pricing power and operational discipline even as it invested heavily in R&D. For full year 2025, Cadence guided GAAP operating margin to 27.9% to 28.9%, which reflects the company’s ability to scale without margin compression. That’s the real story here. Growth and profitability are moving in the same direction.

Key Figures

Q3 Revenue: $1.34B (vs. $1.32B expected); +10.16% year over year
Non-GAAP EPS: $1.93 (vs. $1.79 expected); beat by 7.8%
Net Income: $287.1M; +20.58% year over year
Operating Cash Flow: $1.18B; +186.66% year over year
Record Backlog: $7.0B
FY2025 Revenue Guidance: $5.262B to $5.292B (raised); ~14% growth
FY2025 Non-GAAP EPS Guidance: $7.02 to $7.08

The operating cash flow acceleration is the quiet strength. It suggests the company isn’t just growing revenue; it’s converting it efficiently into cash that can fund acquisitions, buybacks, or reinvestment.

Management Strikes an Optimistic Note

Devgan’s commentary emphasized the breadth of the business. He highlighted “record backlog and ongoing broad-based strength,” which suggests demand is coming from multiple customer segments and geographies, not a single AI spending spike. That diversification reduces execution risk. The company’s willingness to raise guidance mid-year also signals confidence. Management doesn’t typically lift outlooks unless they have clear visibility into customer demand and execution capability. I took that as a meaningful signal of confidence in Q4 and into 2026.

So, Why is the Stock Down?

Given all this, you might be wondering why Cadence’s stock is down. The answer to that is forward guidance, where Cadence’s forecasted adjusted EPS hit $1.91 at the midpoint versus Wall Street’s consensus of $1.92. That’s not a major miss, but keep in mind that investors in the EDA space are on edge after rival Synopsys (Nasdaq: SNPS) missed earnigns by a huge amount last quarter. We’ll see if the after hours losses hold into tomorrow or whether investors believe this guidance is conservative.

What Investors Should Watch Next

Listen for color on how the Hexagon acquisition will integrate and what synergies Cadence expects to capture. Also pay attention to customer concentration and whether the AI spending wave is broadening or narrowing. If demand remains concentrated in a handful of hyperscalers, that’s a different risk profile than if it’s spreading across the broader chip design ecosystem. Cadence trades at a premium valuation (44x forward P/E), so execution against guidance matters. Miss next quarter, and the stock will feel it.

The Next Nvidia Could Change Your Life

The post Cadence Down 1% After Reporting Q3 Earning: Here’s What You Need to Know appeared first on 24/7 Wall St..

Amkor Stock Down 4.4% After Earnings

Joel South — Mon, 27 Oct 2025 18:27:06 -0400

Key Points

Beat both top and bottom lines; advanced packaging revenue record; 31% sequential growth powering results.
Shares fell after-hours as Q4 guidance and cyclicality tempered enthusiasm; CEO transition announced during earnings.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Amkor Technology (NASDAQ: AMKR) delivered a beat on both earnings and revenue Monday after the close, despite the beat, the stock tumbled 4.45% after-hours.

Advanced Packaging Hits Record Heights

Amkor’s advanced packaging segment was a big plus this quarter, setting a new revenue record at $1.68 billion. The company achieved a 31% sequential revenue increase from Q2, a steep production ramp that underscores persistent demand from major customers in communications and computing end markets. Both segments posted record revenue this quarter, signaling broad-based strength rather than concentration in a single area.

CEO Giel Rutten emphasized execution during a challenging period. “We achieved record revenue in our Communications and Computing end markets and broke ground on our new Advanced packaging and test campus in Arizona,” he said. The Arizona expansion represents a tangible investment in capacity, positioning the company to capture sustained demand for advanced packaging solutions.

Earnings and Margins Tell a Disciplined Story

Net income reached $127 million, while operating income totaled $159 million. Gross profit came in at $284 million. The company’s ability to convert a 31% sequential revenue jump into meaningful profit growth demonstrates operational discipline, particularly given the capital intensity of semiconductor manufacturing.

Guidance for Q4 reflects management’s confidence but also the cyclical nature of the business. The company projects revenue between $1.775 billion and $1.875 billion, with gross margins of 14.0% to 15.0% (including a $30 million benefit from asset sales). Net income is guided to $95 million to $120 million, translating to $0.38 to $0.48 per diluted share.

Numbers Tell the Story

Key Figures

EPS: $0.51 (vs. $0.43 estimated); beat by 19%
Revenue: $1.99 billion (vs. $1.97 billion estimated); beat by 1%
Sequential Revenue Growth: 31% quarter over quarter
Gross Profit: $284 million
Operating Income: $159 million
Net Income: $127 million

The sequential jump stands out here. A 31% sequential increase is substantial for a company of Amkor’s scale and reflects the steep production ramps management executed this quarter. That pace is unlikely to sustain, which is why Q4 guidance becomes the focus.

Leadership Transition Announced

Amkor announced a CEO succession plan during the earnings release. Kevin Engel will succeed Giel Rutten at the end of 2025. The transition appears orderly and planned, reducing uncertainty around leadership continuity. Rutten has steered the company through cyclical industry downturns and positioned it to benefit from the advanced packaging tailwind. The market will scrutinize how Engel manages the company’s capital allocation and strategic positioning once he takes the helm.

What Matters Next

Investors should monitor whether Q4 revenue tracks within the guided $1.775 billion to $1.875 billion range. Seasonal patterns and customer inventory normalization could influence results. The Arizona campus groundbreaking is noteworthy, but execution on that expansion and its return on invested capital will matter more than the announcement itself.

The earnings call begins at 5:00 PM ET tonight. Listen for how management characterizes demand visibility beyond Q4 and whether they offer commentary on customer concentration or geographic exposure.

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Answer a Few Simple Questions.
Get Matched with Vetted Advisors
Choose Your Fit

Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)

The post Amkor Stock Down 4.4% After Earnings appeared first on 24/7 Wall St..

Big Day For Nucor After Q3 Earnings

Joel South — Mon, 27 Oct 2025 18:17:17 -0400

Key Points

Nucor crushed estimates with $2.63 EPS vs. $2.16 expected and 143% YoY net income growth.
Strong balance sheet supports dividends and buybacks, but steel mills face margin and volume pressure ahead.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Nucor (NYSE: NUE) delivered a decisive earnings beat on Monday evening, posting Q3 results that significantly exceeded expectations and signaled the steel producer’s ability to navigate a normalizing industry cycle. The stock surged 2% in after-hours trading, reflecting market approval of both the headline numbers and the company’s strategic positioning heading into the final quarter.

Earnings Crush the Street

Nucor reported adjusted EPS of $2.63, crushing the $2.16 consensus estimate by $0.47 (a 21.8% beat). Revenue of $8.52 billion also topped the $8.15 billion expectation, delivering a $370 million beat on the top line. Net income surged 143% year over year to $607 million, demonstrating the company’s ability to convert higher volumes and pricing into bottom-line growth. The earnings per share beat stands out as particularly strong given the steel sector’s compressed margins and ongoing volume headwinds.

I liked the magnitude of the EPS beat here. A 21.8% surprise isn’t typical for a cyclical industrial name, especially one operating in a normalized pricing environment. It suggests execution is tighter than the Street anticipated.

Balance Sheet Strength Enables Capital Returns

Nucor’s financial position remains solid despite operational challenges elsewhere. The company reported $2.75 billion in cash and investments, providing a cushion for strategic investments and shareholder returns. Year to date, the company has returned nearly $1 billion to shareholders through dividends and buybacks, representing more than 70% of net earnings. The board declared its 210th consecutive quarterly dividend of $0.55 per share, payable November 10.

Total assets stand at $34.78 billion with shareholders’ equity at $20.97 billion, underpinning a debt structure that management has maintained through the cycle downturn. This financial flexibility matters because it allows the company to invest in new production facilities coming online, a key part of CEO Leon Topalian’s stated strategy of “growing our core steelmaking capabilities, while expanding into downstream, steel-adjacent businesses.”

Steel Mills Segment Faces Headwinds

The beat masks underlying segment weakness that investors need to track closely. Earnings from the steel mills segment declined due to lower volumes and margin compression, the primary driver of operational pressure. The steel products segment also posted lower earnings as higher input costs outpaced pricing power. These declines reflect the broader industry dynamic: demand normalization after the post-pandemic surge, combined with persistent cost inflation in raw materials and labor.

Cash position declined 35% year over year, falling from $4.26 billion to $2.75 billion. While the company remains well capitalized, the cash burn reflects both strategic capital deployment and the cash demands of a capital-intensive business navigating a softer demand environment.

Key Figures

Adjusted EPS: $2.63 (vs. $2.16 expected); up 21.8%
Revenue: $8.52B (vs. $8.15B expected); up 4.5%
Net Income: $607M; up 143% year over year
Revenue Growth (YoY): +14.5% from $7.44B in Q3 2024
Cash and Investments: $2.75B
Total Assets: $34.78B
Shareholders’ Equity: $20.97B

The net income surge of 143% is the standout metric. It reflects not just operational improvement but also a lower profit elimination from intracompany sales, which provided a one-time tailwind. You’ll want to understand whether this benefit repeats or normalizes in Q4.

Management Strikes a Cautious Tone on Outlook

CEO Topalian emphasized execution on strategic initiatives, but the forward guidance tempered the earnings beat enthusiasm. Management expects Q4 2025 earnings to be lower than Q3 due to anticipated decreases in volumes and selling prices in the steel mills segment, combined with planned outages in the raw materials division. This guidance signals that the strong Q3 performance reflects a favorable confluence of factors unlikely to repeat immediately.

The commentary suggests management sees the industry stabilizing but not yet accelerating. The focus on downstream expansion and new facility startups indicates leadership is positioning for a recovery cycle rather than expecting near-term demand acceleration.

What Comes Next

The earnings call on October 28 at 10:00 AM ET will be worth monitoring for color on Q4 volume expectations and timing for new capacity to contribute meaningfully. Watch whether management provides any updates on the pace of downstream business expansion or revises full-year capital deployment plans. The steel mills segment earnings decline is the number to track going forward. If volumes continue to compress or pricing deteriorates further, the multiple expansion implied in the current valuation could face pressure.

Get Ready To Retire ^(Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Here’s how it works: 1. Answer SmartAsset advisor match quiz 2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles. 3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future.

The post Big Day For Nucor After Q3 Earnings appeared first on 24/7 Wall St..

Whirlpool Stocks Drops After Q3 Earnings

Joel South — Mon, 27 Oct 2025 18:05:49 -0400

Key Points

Whirlpool beat earnings estimates by 50%, but cash flow collapsed with free cash flow at –$907 million.
Margin compression and rising capex signal deeper strain despite modest revenue growth and North America market share gains.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Whirlpool (NYSE: WHR) delivered a significant earnings beat after the close Monday, posting $2.09 in adjusted EPS against expectations of $1.39. Revenue came in at $4.03 billion, topping the $3.93 billion consensus by $100 million. The stock dropped 1.60% after-hours, a sign investors are wrestling with what the numbers really mean beneath the surface.

The Beat Masks Deteriorating Fundamentals

The 50% EPS beat looks impressive until you look at what drove it. The company swung to a $73 million net loss in the quarter, down 33% year over year from $109 million. Gross profit fell 7.6% to $594 million. Operating income dropped 24.5% to $200 million. Revenue grew just 1% year over year. This is a company that beat earnings estimates largely because the bar was set low, not because business momentum is accelerating.

Cash Flow Tells a Darker Story

Operating cash flow turned negative at negative $669 million, a sharp reversal from positive $214 million in the same period last year. Free cash flow deteriorated to negative $907 million. Capital expenditures more than doubled to $239 million, up 175% year over year. The company is spending aggressively on U.S. laundry facility investments while cash generation has collapsed. This is the number that matters most right now.

Where Whirlpool Found Traction

North America segment sales rose 2.8% year over year, and the company gained market share. Small domestic appliances globally jumped 10.5%. Management executed a record year of new product launches in North America and achieved $50 million in structural cost reductions. These are real wins, but they’re being overwhelmed by margin compression and cash drain elsewhere.

Key Figures

Adjusted EPS: $2.09 vs. $1.39 expected; 50% beat
Revenue: $4.03B vs. $3.93B expected; up 1% YoY
Gross Profit: $594M; down 7.6% YoY
Operating Income: $200M; down 24.5% YoY
Net Income: $73M; down 33% YoY
Operating Cash Flow: negative $669M vs. positive $214M YoY
Free Cash Flow: negative $907M
Q4 Dividend: $0.90 per share

The dividend announcement on the same day is notable. The company is committing to shareholder returns even as free cash flow has turned negative. That signals confidence in the back half guidance, or it signals management believes the worst is priced in.

Full Year Outlook Suggests Stabilization Ahead

Management guided to approximately $7.00 in ongoing EPS for the full year, with revenue around $15.8 billion. Operating cash flow is expected to reach roughly $600 million, and free cash flow around $200 million. If those numbers hold, Q4 will need to show dramatic improvement in both cash generation and profitability. That’s possible but not guaranteed given tariff headwinds and competitive pressure from Asian competitors flooding the market with inventory.

CEO Marc Bitzer Strikes a Measured Tone

Management highlighted progress in North America and said the company is “confident that the newly announced investment in our U.S.-based laundry facilities will continue to fuel our future growth.” The language is cautiously optimistic but doesn’t address the cash flow deterioration or margin compression directly. Bitzer emphasized core business fundamentals remain strong, but the data suggests those fundamentals are under strain.

What Investors Should Watch

The stock has already fallen 22.8% from its September peak of $95.54, trading near $73.78 as of Monday close. The technical setup shows oversold conditions easing but momentum remains weak. The real test comes in Q4 results. Can Whirlpool restore positive operating cash flow? Can margins stabilize? Can the company execute its laundry facility investments without further draining liquidity? Those answers matter far more than this quarter’s earnings beat.

If You have $500,000 Saved, Retirement Could Be Closer Than You Think (sponsor)

Retirement can be daunting, but it doesn’t need to be. Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter! Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality. (sponsor)

The post Whirlpool Stocks Drops After Q3 Earnings appeared first on 24/7 Wall St..

Celestica Up 9% After Hours – Here’s The One Thing You Need to Know

Eric Bleeker — Mon, 27 Oct 2025 17:53:02 -0400

Celestica (Nasdaq: CLS) just reported Q3 earnings, and even after a 227% surge in 2025, investors were surprised how impressive the company is performing. We’ve been updating a live blog on the company’s earnings, and the headline is they crushed Q3 earnings and issued impressive guidance for 2026.. Shares are up 9% after hours. If you’re new to the Celestica story, let’s explore why the market is increasingly pricing them in from a traditional electronics manufacturer to a company that’s a leader in the AI revolution.

From Contract Manufacturer to AI Backbone

For decades, Celestica was known as a reliable but unremarkable contract manufacturer. It built things for other companies. That business model worked, but it came with thin margins and commodity pricing pressure.

What changed this quarter is the clarity. Management didn’t just beat guidance. They raised 2026 outlook to $16.0 billion in revenue (up 31% from the current $12.2 billion) and guided adjusted EPS to $8.20 (up 39% from $5.90). More importantly, the company provided guidance for next year, and it’s very good. That signals confidence in a trajectory, not hope.

The Communications segment revenue hit $2.41 billion, up 43% year-over-year. CEO Rob Mionis explicitly tied this to “investments in AI data center infrastructure.” That’s not a feature. That’s the business now.

Look at the operating margin. It improved to 7.6% from 6.8% a year ago. That’s not a one-quarter blip. The company is converting higher revenue into real profit. Net income grew 75% year-over-year while revenue grew 21%. That’s operating leverage. That’s what happens when you’re selling into a structural tailwind instead of competing on price.

Why This Matters for the Next Cycle

The stock price already reflects this ongoing story. Celestica is up 24% in just two weeks and 56% from August lows. The market now believes the AI infrastructure story. But here’s what matters: the company is now generating the cash to back it up.

Operating cash flow hit $474 million in 2024, up 45% year-over-year. Free cash flow reached $303 million after capital spending. The company is self-funding its transformation. It’s not borrowing heavily or diluting shareholders. It’s converting demand into cash.

There is risk, of course. We first called Celestica’s rise in May 2024, and since that time the stock is up more than 500%. Any time a stock gains that much in such a small amount of time, there’s the potential for a deep pull back.

Management noted customer and segment concentration. That’s code for hyperscaler relationships. If one major cloud provider cuts orders, the growth narrative breaks. But right now, the demand environment is strengthening, not weakening.

What Happens Next Quarter

Watch whether that 31% revenue growth projection for 2026 starts to look achievable in real time. If Q4 and Q1 results track toward it, this becomes a secular growth story, not a cyclical bounce. If demand softens or customer concentration becomes a constraint, the stock will reprice fast.

For now, Celestica has moved from being a manufacturing company that happened to serve tech customers to being an infrastructure company that happens to manufacture. That’s not semantics. That’s a different business with different margins, different customers, and different growth prospects. The quarter proved the shift is real.

The post Celestica Up 9% After Hours – Here’s The One Thing You Need to Know appeared first on 24/7 Wall St..

Waste Management (WM) Stock Drops After Earnings

Joel South — Mon, 27 Oct 2025 17:52:41 -0400

Key Points

Waste Management missed on both EPS and revenue, cutting full-year guidance to the low end amid recycling weakness.
Core Collection and Disposal margins hit records, offsetting recycling declines as free cash flow rose 13.5% year over year.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Waste Management (NYSE: WM) missed on both earnings and revenue in Q3, posting adjusted EPS of $1.49 against expectations of $2.08 and revenue of $6.44B versus $6.70B estimated. The stock fell 2.35% in after-hours trading, though the decline was modest given the magnitude of the misses. The real pressure comes from guidance. Management now expects full-year revenue at the low end of its prior range, citing declining recycled commodity prices and softer healthcare solutions revenue.

Collection and Disposal Delivers, But Recycling Stumbles

The company’s core Collection and Disposal business posted record-setting margins, a genuine bright spot in an otherwise uneven quarter. That strength underscores the resilience of WM’s primary revenue engine. Free cash flow grew 13.5% year over year in the first nine months, reaching $821M in Q3 alone, which signals solid operational execution despite headline disappointment. Management also completed two new renewable natural gas facilities and two recycling projects, advancing its sustainability strategy.

Recycling, however, dragged results lower. The segment faced a $60M revenue decline tied directly to lower commodity prices. That’s a headwind the company can’t control in the near term, and it’s material enough to shift full-year expectations.

Revenue Miss Signals Commodity Headwinds Ahead

The $260M revenue miss reflects two specific pressures: recycled commodity prices have declined more sharply than anticipated, and WM Healthcare Solutions revenue came in softer than expected. Neither is a sign of operational failure, but both signal that near-term visibility is limited. Management reaffirmed adjusted operating EBITDA and free cash flow guidance, which suggests confidence in core cash generation. That’s reassuring, but it doesn’t offset the fact that revenue expectations are now anchored to the low end of guidance.

Key Figures

Adjusted EPS: $1.49 (vs. $2.08 expected); miss of $0.59
Revenue: $6.44B (vs. $6.70B expected); miss of $260M
Revenue Growth: 14.9% year over year
Operating Income: $989M
Net Income: $603M
Free Cash Flow: $821M; up 13.5% YoY (nine-month basis)
Operating Cash Flow: $1.592B
Full-Year Revenue Guidance: ~$25.275B (low end of prior range)

I’d watch free cash flow closely. It’s the metric management is most confident about, and it’s the one that matters most for dividend sustainability and capital allocation.

Management Strikes a Measured Tone

CEO Jim Fish emphasized that “third quarter results highlight momentum in WM’s earnings growth and free cash flow conversion, which is driven by our strong operating platform, diverse and growing customer base, and expanding sustainability businesses.” The language is upbeat on execution but notably silent on near-term demand trends. He added that “strong results across all aspects of our business reinforce our confidence in achieving our full-year earnings and free cash flow guidance, as well as our long-term financial objectives and strategic priorities.”

That confidence is real, but it’s anchored to guidance management has already walked to the low end. Leadership isn’t signaling weakness, but they’re not signaling strength either.

What to Watch Next

Listen for specifics on commodity price trends and timing. Management guided to the low end of revenue range, but the question is whether that’s the floor or whether further pressure is possible. You’ll also want to hear how they’re thinking about pricing power in Collection and Disposal, which remains the earnings engine. That segment’s margin strength suggests pricing is holding, but confirmation matters.

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Answer a Few Simple Questions.
Get Matched with Vetted Advisors
Choose Your Fit

Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)

The post Waste Management (WM) Stock Drops After Earnings appeared first on 24/7 Wall St..

Avis Budget Group Up 4% After Q3 Earnings: Here’s Why

Joel South — Mon, 27 Oct 2025 17:40:55 -0400

Avis Budget Group (NASDAQ: CAR) delivered a sharp earnings surprise on Monday after the close, posting $10.11 in adjusted EPS that crushed consensus expectations of $8.12. Revenue also beat, reaching $3.52 billion against a $3.49 billion estimate. The stock, which closed at $155.18 before results, now faces a critical test: whether this quarter signals a genuine turnaround or another false start in a year marked by three consecutive massive earnings misses.

Shares of Avis originally surged after its earnings release, up 8% minutes after earnings hit the newswires. However, gains have since moderated and are up about 4.4% as of 5:12 p.m. ET.

The Profitability Rebound Is Real

What caught my attention here is the breadth of the beat. Net income surged 52% year over year to $360 million, while adjusted EBITDA climbed to $559 million from $503 million in the same quarter last year. That’s meaningful leverage, and it tells a story about cost discipline. Lower fleet costs drove much of the gain, a signal that management is executing on the operational side even as pricing pressure persists in the rental market.

The company also extended its term loan maturity to July 2032, buying breathing room on the balance sheet. With nearly $1 billion in available liquidity and an additional $1.9 billion in fleet funding capacity, Avis has the financial flexibility to weather near-term headwinds. That matters for a company that burned through equity in 2024 and early 2025.

Revenue Per Day Stumbles

The weakness last quarter is straightforward: revenue per day declined 1% year over year. That’s the metric that matters most in car rental. Rental days ticked up 1%, which means Avis is moving more volume but at lower prices. In a competitive market, that’s a trade-off management is willing to make, but it raises a question about pricing power going forward. If the company can’t push rates higher while volumes grow, margin expansion will plateau.

Key Figures

Adjusted EPS: $10.11 (vs. $8.12 expected); beat by $1.99
Revenue: $3.52 billion (vs. $3.49 billion expected); beat by $30 million
Net Income: $360 million (vs. $237 million Q3 2024); up 52% YoY
Adjusted EBITDA: $559 million (vs. $503 million Q3 2024); up 11% YoY
Revenue Per Day: down 1% YoY
Rental Days: up 1% YoY
Available Liquidity: nearly $1 billion

I’d watch the cost structure closely. If Avis can sustain these EBITDA gains while managing fleet expenses, the earnings power here is real. The EPS beat was large enough to matter, but the revenue beat was modest. The real story is profitability, not top-line momentum.

Management Signals Cautious Optimism

CEO Brian Choi said the quarter “marked meaningful progress” as the company “returned to revenue growth while continuing to invest in our future.” The language is measured. He’s not declaring victory, and he’s not signaling aggressive expansion. That restraint reflects the reality: Avis is stabilizing after a brutal 2024, but the path forward remains uncertain.

Next up for investors: the company’s earnings call. You probably won’t see massive movement in the price in the PM trading hours. However, the call starts tomorrow at 8:30 a.m. ET, and could have sizable impacts on where Avis opens tomorrow. You can register to listen to the call here.

What Investors Should Watch Next

This beat matters because it breaks a streak of three consecutive massive earnings misses. But one quarter doesn’t erase the damage from 2024. Analyst consensus target is $146.75, below where the stock closed today. That caution is worth taking seriously.

The key question: Can Avis sustain profitability as the year ends? Watch for any guidance commentary on Q4 demand and whether management signals confidence in holding these margins through peak season.

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Answer a Few Simple Questions.
Get Matched with Vetted Advisors
Choose Your Fit

Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)

The post Avis Budget Group Up 4% After Q3 Earnings: Here’s Why appeared first on 24/7 Wall St..

Rambus (RMBS) Down Big After Q3 Earnings

Joel South — Mon, 27 Oct 2025 17:35:25 -0400

Key Points

Rambus beat revenue expectations with 22.7% growth, but EPS missed consensus, ending a five-quarter beat streak.
Cash surged nearly 500% year-over-year to $673M, giving Rambus major flexibility despite short-term profit pressure.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Rambus (NASDAQ: RMBS) reported Q3 2025 earnings after the close, delivering a revenue beat but stumbling on the bottom line. The stock surged 7.8% to $113.61, reaching a 52-week high before the numbers dropped. However, after earnings per share of $0.44 falling short of the $0.51 consensus estimate by $0.07 the stock dropped 8.45% after-hours.

Revenue Growth Outpaces Profit Pressure

Rambus delivered on the top line, posting revenue of $178.51M versus the $175.67M estimate. The beat marked the 22.7% year-over-year growth rate, demonstrating sustained momentum in its semiconductor solutions business. Operating income expanded 15.65% year-over-year to $63.26M, showing the company is scaling profitably at the segment level. Product revenue reached $93.3M while contract revenue contributed $20.1M, with the product segment driving most of the growth acceleration.

The Profitability Gap

Net income essentially held flat year-over-year at $48.38M, down 0.59% from $48.67M in the prior year period. The EPS miss reflects a combination of factors including increased income tax provisions that pressured net earnings despite strong operational performance. This marks the first earnings miss in five consecutive quarters, breaking a streak in which Rambus had beaten estimates by an average of 13.5%.

Cash Generation and Balance Sheet Strength

Key Figures

Revenue: $178.51M (vs. $175.67M estimated); +22.7% YoY
Operating Income: $63.26M; +15.65% YoY
Net Income: $48.38M; -0.59% YoY
Adjusted EPS: $0.44 (vs. $0.51 estimated)
Cash Position: $673.3M; +490.72% YoY
Operating Cash Flow: $88.4M; +42.41% YoY

The balance sheet transformation stands out. Cash surged to $673.3M from $113.98M year-over-year, a 490% increase that reflects either strong operational cash generation or a strategic capital event. Operating cash flow climbed 42.41% to $88.4M, underscoring the company’s ability to convert revenue into usable cash. This liquidity position provides flexibility for investment in R&D, acquisitions, or shareholder returns.

Forward Guidance Sets the Tone

Management guided Q4 2025 licensing billings to $60M to $66M and product revenue to $94M to $100M. Operating expenses are expected to land between $116M and $120M. The guidance suggests the company expects product revenue to remain relatively stable sequentially while maintaining operational discipline on the cost side. The licensing billing range indicates continued strength in the intellectual property licensing business, a higher-margin revenue stream for the semiconductor IP provider.

What’s Next

Investors will want to monitor whether Rambus can return to its recent pattern of earnings beats in Q4. The stock has rallied 47.5% over the quarter and sits 26% above its 50-day moving average, indicating strong momentum but also a valuation that leaves little room for disappointment. The earnings call will provide clarity on demand trends in memory interfaces and whether the cash position reflects operational strength or a one-time benefit. Watch for commentary on the competitive landscape and customer concentration as the company navigates the semiconductor cycle.

If You have $500,000 Saved, Retirement Could Be Closer Than You Think (sponsor)

The post Rambus (RMBS) Down Big After Q3 Earnings appeared first on 24/7 Wall St..

Global stocks rally on US-China trade optimism

Mon, 27 Oct 2025 17:32:54 -0400

Japan’s Nikkei index breaches 50,000 as Donald Trump heads for Tokyo to meet Prime Minister Sanae Takaichi

Avis Budget Group Up 4% After Q3 Earnings: Here’s Why

Joel South — Mon, 27 Oct 2025 17:31:35 -0400

Shares of Avis originally surged after its earnings release, up 8% minutes after earnings hit the newswires. However, gains have since moderated and are up about 4.4% as of 5:12 p.m. ET.

The Profitability Rebound Is Real

Revenue Per Day Stumbles

Key Figures

Adjusted EPS: $10.11 (vs. $8.12 expected); beat by $1.99
Revenue: $3.52 billion (vs. $3.49 billion expected); beat by $30 million
Net Income: $360 million (vs. $237 million Q3 2024); up 52% YoY
Adjusted EBITDA: $559 million (vs. $503 million Q3 2024); up 11% YoY
Revenue Per Day: down 1% YoY
Rental Days: up 1% YoY
Available Liquidity: nearly $1 billion

Management Signals Cautious Optimism

What Investors Should Watch Next

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Answer a Few Simple Questions.
Get Matched with Vetted Advisors
Choose Your Fit

Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)

The post Avis Budget Group Up 4% After Q3 Earnings: Here’s Why appeared first on 24/7 Wall St..

Gold falls below $4,000 an ounce as market ‘froth’ subsides

Mon, 27 Oct 2025 17:31:05 -0400

Bullion has slumped 9% from recent peak in move welcomed as ‘healthy correction’

Argentine bonds and currency surge after victory for Javier Milei’s party

Mon, 27 Oct 2025 17:29:07 -0400

Investors bet that electoral endorsement will keep president’s market-friendly reforms on track

Brown & Brown Beats Earnings Sending Shares Higher

Joel South — Mon, 27 Oct 2025 17:28:02 -0400

Key Points

Brown & Brown beat on both revenue and EPS, driven mainly by acquisitions rather than organic growth.
Adjusted EBITDA jumped 42%, but reported EPS fell 16% as integration costs weighed on profitability.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Brown & Brown (NYSE: BRO) beat both earnings and revenue expectations in Q3, delivering adjusted diluted EPS of $1.05 against a $0.93 estimate and revenue of $1.606 billion versus $1.539 billion expected. The stock is trading $89.99 after-hours, though the company has spent much of the year struggling. This earnings beat arrives as the stock sits oversold and well below its 200-day moving average, setting up a potential inflection point if management can convince investors the growth is sustainable.

Acquisitions Drive the Top Line

Revenue surged 35.4% year over year, but that headline masks a more nuanced picture. Commissions and fees climbed to $1.55 billion, up 34.2%, while organic revenue growth came in at just 3.5%. The gap tells you most of the expansion came from acquisitions. CEO J. Powell Brown noted the company welcomed over 5,000 new teammates in Q3 alone, underscoring the scale of integration happening right now. That’s a significant headcount addition in a single quarter, which typically signals major M&A closings.

Net Income Weakness Clouds the Story

Here’s where the report softens. Net income fell 3.0% year over year to $227 million, and diluted earnings per share dropped 16.0% to $0.68. That disconnect between adjusted EPS (up significantly) and reported EPS (down significantly) points to higher integration costs, amortization from acquisitions, or one-time charges hitting the bottom line. It’s the clearest sign that while the operating business is performing well, the acquisition machinery is expensive in the near term.

Key Figures

Adjusted Diluted EPS: $1.05 (vs. $0.93 expected); 12.9% beat
Revenue: $1.606B (vs. $1.539B expected); up 35.4% YoY
Commissions & Fees: $1.55B; up 34.2% YoY
Organic Revenue Growth: 3.5%
Adjusted EBITDA: $587M; up 41.8%
EBITDA Margin: 36.6% (improved)
Reported Net Income: $227M; down 3.0% YoY
Diluted EPS (reported): $0.68; down 16.0% YoY

The real story is in adjusted EBITDA. That metric grew faster than revenue, which tells you the company is extracting margin gains from its acquisition portfolio. You should pay attention to how much of that margin expansion sticks around once integration costs normalize.

Management Sounds Confident on Execution

Brown struck an optimistic tone in his prepared remarks. “We are very excited to welcome over 5,000 new teammates to our organization in the third quarter,” he said. “We continue to deliver our solutions for our customers locally, but draw upon enhanced global capabilities.” The language signals confidence in both the scale of recent deals and the ability to blend operations without disruption. He also highlighted “our overall growth, profitability and cash flow conversion,” which suggests the company is tracking cash generation closely as it integrates.

What Comes Next

The company just raised its dividend 10% and approved a new $1.5 billion share buyback, both bullish signals on cash confidence. If they can show a path to accelerating organic growth alongside acquisition integration, the stock has room to recover. For now, the beat is real, but the market will want proof that Brown & Brown can sustain both acquisition growth and operational momentum simultaneously.

Get Ready To Retire ^(Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future.

The post Brown & Brown Beats Earnings Sending Shares Higher appeared first on 24/7 Wall St..

Rambus (RMBS) Down Big After Q3 Earnings

Joel South — Mon, 27 Oct 2025 17:09:18 -0400

Key Points

Rambus beat revenue expectations with 22.7% growth, but EPS missed consensus, ending a five-quarter beat streak.
Cash surged nearly 500% year-over-year to $673M, giving Rambus major flexibility despite short-term profit pressure.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Revenue Growth Outpaces Profit Pressure

The Profitability Gap

Cash Generation and Balance Sheet Strength

Key Figures

Revenue: $178.51M (vs. $175.67M estimated); +22.7% YoY
Operating Income: $63.26M; +15.65% YoY
Net Income: $48.38M; -0.59% YoY
Adjusted EPS: $0.44 (vs. $0.51 estimated)
Cash Position: $673.3M; +490.72% YoY
Operating Cash Flow: $88.4M; +42.41% YoY

Forward Guidance Sets the Tone

What’s Next

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Answer a Few Simple Questions.
Get Matched with Vetted Advisors
Choose Your Fit

Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)

The post Rambus (RMBS) Down Big After Q3 Earnings appeared first on 24/7 Wall St..

Chegg Earnings: Big Quarter Sends Shares Higher

Work Flow — Mon, 27 Oct 2025 17:01:25 -0400

Key Points

Chegg narrowed its net loss by over 80% as cost-cutting stabilized operations despite continued revenue decline.
CEO Dan Rosensweig’s return and pivot toward professional skilling mark a high-stakes turnaround gamble for Chegg.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Chegg (NYSE: CHGG) reported third-quarter results today that showed the company stabilizing losses while revenue continued to slide. The stock rose 3.60% in afternoon trading as investors digested news of Dan Rosensweig’s return as CEO and a strategic pivot toward the professional skilling market. Shares are up another 6.25% after-hours after better than expected quarterly numbers.

A Loss That’s Getting Smaller

Net loss narrowed sharply to $35.66 million from a $212.64 million loss in the same period last year. That improvement matters. It signals that aggressive cost-cutting is working, even as the core business shrinks. The company announced a 45% workforce reduction, a painful but necessary step to align burn rate with a smaller revenue base.

Gross profit came in at $69.64 million, providing some cushion. Operating cash flow turned negative at $4.84 million, and free cash flow sat at negative $12.07 million. These figures highlight the tension in Chegg’s turnaround: cost cuts are helping the bottom line, but the company isn’t yet generating cash from operations.

Revenue Continues Its Descent

Revenue fell 23% year over year to $105.12 million. That decline reflects the core challenge facing the company. AI tools like ChatGPT have cannibalized demand for Chegg’s student-focused tutoring and homework help platform. Google algorithm changes also reduced traffic. The company is caught between a shrinking legacy business and an unproven pivot.

The skilling business, positioned as the growth driver, remains early stage. Management expects double-digit growth in that segment by 2026, but the market will need to see actual results before believing the turnaround narrative.

Leadership Shifts, Strategy Sharpens

Rosensweig, the company’s founder, returns to the CEO role after Nathan Schultz’s departure. His stated focus is exploring paths to drive growth and enhance shareholder value. The timing of his return alongside the strategic pivot suggests the board sees both a crisis and an opportunity.

The pivot itself is logical. The global skilling market is worth roughly $40 billion annually, and demand for professional upskilling is real. Whether Chegg can compete in that space against entrenched players like LinkedIn Learning and Coursera remains an open question. The company has brand recognition but limited resources to execute a major business transformation.

Key Figures at a Glance

Revenue: $105.12M (down 23% year over year)
Gross Profit: $69.64M
Net Loss: $35.66M (improved from $212.64M loss last year)
Operating Income: $36.46M loss
Operating Cash Flow: $4.84M negative
Free Cash Flow: $12.07M negative

The loss improvement is the real story here. It shows the cost structure is adjusting to the new reality, but negative cash flow reminds you that the company is still burning capital.

What Investors Should Track

Watch three things going forward. First, whether the skilling business gains meaningful traction. Second, whether the company can achieve operating cash flow breakeven within the next two quarters. Third, how much longer the balance sheet can sustain this transition before capital constraints force harder choices.

The stock trades at 0.30x sales, a deeply depressed valuation that reflects the market’s skepticism about the turnaround. If Rosensweig and his team can stabilize the student business while building real revenue in skilling, the upside is substantial. But execution risk is high, and the company has limited room for error.

The post Chegg Earnings: Big Quarter Sends Shares Higher appeared first on 24/7 Wall St..

3 AI Stocks I like Better Than Nvidia

Vandita Jadeja — Mon, 27 Oct 2025 16:51:55 -0400

Key Points

While Nvidia made several investors rich, there are other stocks with higher potential.
Each of these three AI stocks have the potential to double your money in the long run.
Nvidia made early investors rich, but there is a new class of ‘Next Nvidia Stocks’ that could be even better; learn more here.

Artificial intelligence (AI) is taking the world by storm, and there’s no denying the fact that Nvidia (NASDAQ: NVDA) is driving the industry. The most valuable company in the world today, Nvidia has a market cap of $4.53 trillion, and the stock has shown tremendous growth.

While Nvidia continues to lead the industry, I do not think it’ll be able to repeat the rally anytime soon. There are other companies that give competition to Nvidia and have the potential to generate impressive returns. With businesses investing millions in AI, it is time to look at other AI stocks.

If you’re ready to look beyond Nvidia, here are three AI stocks worth considering.

Palantir Technologies

Palantir Technologies (NASDAQ:PLTR) has been around for many years, but its growth story improved after the launch of its Artificial Intelligence Platform (AIP). The company organized boot camps for users to get an insight into the platform and how it handled data. This increased the adoption rate, and Palantir’s revenue soared. Its software helps improve efficiency, reduce downtime, and automate workflows.

In the second quarter, the company reported a revenue of $1 billion, up 48% year over year. Its net income jumped 144% to $326.7 million. The management has raised the full-year revenue guidance to $4.14–$4.15 billion.

An increased capital allocation towards AI and the growing adoption of AIP has helped Palantir see rapid growth. It is benefiting from the expansion in contracts and a rise in consumer count. Its customer count for the second quarter was up 43% year-over-year and it closed a record-setting $2.27 billion of total contract value, up 140% year-over-year.

PLTR stock has gained 145% this year and is up 63% in six months. Exchanging hands for $184, the stock is up 311% in 12 months. Yes, the shares are pricy, but Wall Street is bullish. I believe its commercial boom is just getting started, and there’s a lot more to come. Palantir could become one of the biggest winners of the AI boom.

Oracle Corporation

Oracle (NYSE: ORCL) gained massive investor interest when the founder Larry Ellison’s net worth became the biggest story in the tech world. 2025 has been an excellent year for Oracle. It provides a wide range of enterprise cloud applications, middleware and hardware systems, and database technologies and has several flagship offerings. Oracle was late in the AI race, but it has caught up, and how!

The company reported a 359% growth in remaining performance obligations (RPO) last month to $455 billion, and a majority of this growth came from a single contact with OpenAI. Investors were worried about a huge concentration around a single customer and its impact on growth.

The company recently held an Investor Day presentation and gave details about the cloud infrastructure growth. It has predicted 30% to 40% gross margins on cloud infrastructure deals. Further, the management has projected $225 billion in revenue by 2030, out of which $166 billion is expected to come from Oracle’s cloud infrastructure unit.

Exchanging hands for $283, the stock is up 70% year-to-date and 63% in 12 months. Wall Street is bullish on the stock. BMO Capital has an Outperform rating with a price target of $355, while Goldman Sachs has a price target of $320 and a Neutral rating.

Taiwan Semiconductor Manufacturing

If you want to invest in AI, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) could be your best bet. The company is an industry leader in chip manufacturing and holds a market-leading position.

It manufactures chips for customers and has become an indispensable partner for several tech giants. This allows it to avoid competition with clients while maintaining a strong industry position. Hence, no matter how the AI chip designs evolve, TSMC will continue to grow.

Its 2nm chips are slated for mass production, and we could see widespread adoption by next year. These new chips are aimed at reducing power consumption while operating at the same speed.

TSMC’s fundamentals are impressive too. In the third quarter, it reported sales of $33.1 billion, up 41% year-over-year. The company posted record profits, beating industry estimates. It raised the revenue guidance for the year to mid-30% growth in the U.S., up from 30%, and has maintained the capital spending forecast at $42 billion.

For the next quarter, the management is aiming for a revenue in the range of $32.2 billion to $33.4 billion, driven by the growing demand for AI chips. With companies spending billions in AI expansion, TSMC as a core chip supplier will keep growing over the decade.

The post 3 AI Stocks I like Better Than Nvidia appeared first on 24/7 Wall St..

Trump’s China Deal May Avert a Crisis of His Own Making

Ana Swanson — Mon, 27 Oct 2025 16:08:09 -0400

The Trump administration is hailing a potential deal that may return the U.S.-China relationship to where it was before the president began a trade war against Beijing.

Live Earnings: Will NXP Semiconductor Soar After Q3 Results

Joel South — Mon, 27 Oct 2025 15:52:34 -0400

Live Updates

Can Tonight Turn Around a Disappointing 2025?

Oct 27, 2025 3:52 PM

Live

It’s been a relatively disappointing 2025 for NXP. On the ‘plus side,’ the stock is up 7% in 2025. Investors who have been holding the stock throughout the year have made money.

And yet, the iShares Semiconductor ETF (Nasdaq: SOXX) is up a red-hot 40% year-to-date. That means NXP is badly trailing its peers.

One area of concern: Texas Instruments (Nasdaq: TXN) is one of NXP’s closest peers and disappointed when they reported earnings last week. While the semiconductor industry is booming, end markets like automated factories and the automotive sector have lagged in recent years.

We’ll issue our complete analysis when NXP’s earnings hit the newswires. All you have to do is keep this live blog open and new updates will post automatically. We expect the company to report at about 4:10 p.m. ET.

How NXP Performed After Recent Earnings

Oct 27, 2025 3:30 PM

Live

Quarter	EPS Surprise	1-Day Move	7-Day Move	14-Day Move
Q1 2025	+1.54%	+0.93%	+3.26%	+15.19%
Q4 2024	+1.27%	+5.36%	+8.49%	+12.92%
Q3 2024	+0.58%	+3.00%	–0.31%	+4.10%
Q2 2024	+0.00%	–3.01%	–7.12%	–8.44%

NXP Semiconductors (NASDAQ: NXPI) reports earnings after the market closes today and expectations are cautiously optimistic. Shares are up 12% over the past 6 monthss , still below analysts’ $258 target, as the market anticipates clearer evidence that the company’s cyclical bottom is behind it.

CEO Kurt Sievers and President Rafael Sotomayor described the quarter as the start of an “emerging upcycle,” citing improving orders across industrial and IoT and an approaching normalization in Western Tier 1 automotive inventory.

While the company’s 60% automotive revenue mix has weighed on growth during the downturn, management believes it is “coming closer to shipping to natural end demand”, a key turning point for earnings leverage heading into 2026.

Estimates Snapshot

Metric	Q3 FY2025 Estimate	YoY Change	FY 2025 Consensus	FY 2026 Consensus
Revenue	$3.16 B	–2.9%	$12.15 B	$13.31 B
EPS (Normalized)	$3.12	–9.6%	$11.79	$14.06
YoY Growth (EPS)			–9.9%	+19.3%

NXP has exceeded EPS consensus for four straight quarters, most recently delivering $2.72 vs. $2.66 estimated (+2.3% beat) in Q2.

Key Areas to Watch

1. Automotive Normalization and Tier 1 Inventory Reset- Automotive revenue was flat YoY in Q2 at $1.73 B, but NXP expects mid-single-digit sequential growth for Q3 as Western Tier 1 customers finish digesting inventory. Management said this “inventory burn…is coming to an end,” allowing shipments to align with real demand.

2. Industrial & IoT Reacceleration- After mid-teens YoY declines in Q1, NXP now sees broad-based recovery across industrial, factory automation, and consumer IoT, with global order trends improving in both direct and distribution channels. The team called the breadth of the rebound “clearly broad-based across geographies and verticals”.

3. Edge AI and Strategic M&A- The $307 million Kinara AI deal and recent TTTech Auto acquisition extend NXP’s edge inference and software-defined vehicle stack. Kinara’s edge compute IP is expected to enhance industrial and automotive systems by 2028, while TTTech adds 1,100 software engineers for next-gen ADAS and SDV integration.

4. Manufacturing Alignment and Margins- CFO Bill Betz reiterated NXP’s hybrid manufacturing model — consolidating 200 mm fabs and building “bridge stock” to secure supply, with Q3 gross margin guided to 57%. Management reaffirmed its long-term model of 57–63% gross margins as utilization normalizes toward 85%.

5. Tariff Risks and Customer Behavior- Despite heightened trade uncertainty, Sievers said tariff effects remain “immaterial”, adding that NXP’s AI-based order-pattern systems have shown no evidence of artificial pull-ins or push-outs.

The post Live Earnings: Will NXP Semiconductor Soar After Q3 Results appeared first on 24/7 Wall St..

Tom Hayes sues former employer UBS for $400mn

Mon, 27 Oct 2025 15:51:44 -0400

Trader claims bank wrongly cast him as ‘evil mastermind’ behind Libor rate rigging

Step by Step, How China Seized Control of Critical Minerals

Keith Bradsher — Mon, 27 Oct 2025 15:36:18 -0400

China’s far-reaching rules already affect manufacturers of semiconductors, cars and many other products. They will soon become much broader.

UK to stop disclosing identity of stock market short sellers

Mon, 27 Oct 2025 15:00:08 -0400

FCA overhauls regulations in break with EU rules and more in line with the US

Strains in Short-Term Markets Raise Urgency of Fed Balance Sheet Debate

Joe Rennison and Colby Smith — Mon, 27 Oct 2025 14:50:49 -0400

Warning signs in crucial money markets have raised the prospect that the central bank will soon stop reducing its portfolio of government debt and mortgage bond holdings.

Live: Complete Coverage of Celestica (CLS) Q3 Earnings

Joel South — Mon, 27 Oct 2025 14:23:25 -0400

Live Updates

How Celestica Performed After Recent Earnings

Oct 27, 2025 3:30 PM

Live

Quarter	EPS Surprise	1-Day Move	7-Day Move	14-Day Move
Q2 2025	+13.0%	+9.6%	+11.8%	+14.3%
Q1 2025	+7.1%	+5.7%	+8.9%	+10.2%
Q4 2024	+4.7%	+3.1%	+4.6%	+6.4%
Q3 2024	+10.6%	+4.9%	+6.8%	+8.1%

Celestica (NYSE: CLS) has been one of 2025’s stealth AI success stories. The stock has soared more than 330% over the past year as hyperscaler customers like Amazon, Google, and Meta accelerated data-center expansions.

In Q2, Celestica posted $2.89 billion in revenue and $1.39 adjusted EPS, beating consensus by 8% and 13%, respectively. CEO Rob Mionis credited “the strength of execution” and record margins of 7.4%, the highest in company history.

As it prepares to report Q3 results after the close, the market wants to see if Celestica can sustain that momentum. With data-center hardware demand and 800G networking ramping at record pace, expectations are running high.

What to Expect This Quarter

Metric	Q3 FY2025 Estimate	YoY Change
Revenue	$3.04 B	+21.6%
EPS (Adj.)	$1.49	+43.3%
FY 2025 (Est.)	$11.71 B rev / $5.62 EPS	+44.7% EPS YoY
FY 2026 (Est.)	$14.14 B rev / $7.22 EPS	+28.6% EPS YoY

Key Areas to Watch

1. Hyperscaler Ramps & 800G Expansion- Every 400G customer has now migrated to 800G, according to management, with 800G volumes already matching 400G in Q2 and expected to dominate in the back half of the year. The company confirmed design wins across all three top hyperscalers, underscoring its positioning in the next generation of AI networking.

2. Full-Rack AI Systems and New Hyperscaler Designs- Celestica’s entry into full AI rack manufacturing — including compute, networking, and cooling integration, was a centerpiece of the Q&A. These “digital native wins” broaden its scope beyond traditional contract manufacturing and open margin-accretive opportunities into 2026.

3. Enterprise Compute Transition- The Q2 decline in enterprise revenue was tied to a technology transition with one large customer. Mionis confirmed that the next-gen AI/ML compute program begins ramping in Q3 and should drive enterprise recovery into Q4 and 2026.

4. Margin Expansion and Operating Leverage- Celestica’s 7.4% operating margin is double its pre-AI-cycle average. CFO Mandeep Chawla guided for margins to remain steady at that level through year-end, with leverage coming from scale and mix shift toward high-speed networking.

5. Capacity and CapEx Flexibility- The company can support $3–$4 B in incremental annual revenue with existing manufacturing campuses in Thailand, Malaysia, and Mexico. New buildings can be added in about 12 months, giving Celestica flexibility to chase hyperscaler growth without overstretching its balance sheet.

The post Live: Complete Coverage of Celestica (CLS) Q3 Earnings appeared first on 24/7 Wall St..

John Dickerson, Anchor and Correspondent, Will Leave CBS News

Michael M. Grynbaum — Mon, 27 Oct 2025 14:11:57 -0400

He is a veteran anchor with a long family legacy at CBS, and his exit presages a series of changes expected at the broadcast news division.

Bitcoin or Ethereum: Which Is Better Post Crypto Flash Crash

Sam Daodu — Mon, 27 Oct 2025 13:41:44 -0400

Key Points

Bitcoin and Ethereum are recovering following the recent crypto flash crash that saw liquidations of about $20 billion in leveraged positions.
This story examines both cryptocurrencies and how their post-crash performance may fuel the next crypto rally.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

The recent crypto flash crash hit traders and investors by surprise, with most crypto charts painted in red as billions were wiped from portfolios overnight. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were not spared, with the duo seeing double-digit losses as traders hastily liquidated positions. According to reports from Coinglass, over 1.6 million traders were liquidated within 24 hours after the crash. Bitcoin’s drop alone exceeded the $20,000 mark, setting a new bearish record of a $380B decline in its market cap within 2 hours.

However, since then, the market has started recovering, with Bitcoin and Ethereum taking the charge. The real question and a hot topic among traders is which of the two will overcome bearish pressure beyond the crash and lead the next market trend.

Bitcoin’s Price Balances As Buyer Test $110K Key Level

Bitcoin has shown resilience since the crypto crash that sent it tumbling in mid-September. After plunging to around $102,000, the coin has gradually steadied, now trading near $108,900. The market’s structure remains cautious, with buyers testing key resistance at $110,000. This slow recovery signals attempts by bulls to reestablish momentum despite broader market uncertainty.

Trading volume has thinned compared to the sharp sell-offs earlier in the month, but consistent green candles suggest renewed accumulation by long-term holders. The recovery aligns with recent crypto news that Russia has legalized Bitcoin for foreign trade, potentially boosting adoption and cross-border use.

Institutional activity also appears to be rising. Reports of Bitcoin whales moving into BlackRock’s ETFs show that traditional finance is embracing digital assets more formally. This trend may help restore investor confidence after the short-term panic caused by the crypto flash crash.

Bitcoin’s mining power recently hitting 1.1 zetta hashes per second reinforces network strength and long-term sustainability. It also highlights growing miner commitment even in volatile conditions.

Overall, Bitcoin seems to be stabilizing from its recent fall, with improving fundamentals suggesting that patient investors could see stronger price action if momentum continues into November.

Ethereum Recovers After Weeks of Selling Pressure

After a steep drop over the past six weeks, Ethereum is slowly stabilizing above the $3,800 zone. The correction, triggered by the broader crypto crash, saw ETH fall from the $4,800 range to lows near $3,350. Since then, buying pressure has returned in short bursts, suggesting that sellers may be running out of steam.

The market’s tone improved after reports of Ethereum’s Fusaka upgrade improving block efficiency and DeFi performance. Faster millisecond preconfirmation have boosted network scalability, drawing renewed attention from developers and investors tracking crypto news around Ethereum’s technological progress.

Confidence also grew after the Ethereum Foundation revealed its $650 million treasury secured on a Safe multi-signature wallet. That announcement underscored Ethereum’s financial stability and long-term DeFi commitment, even during volatile market phases.

Adding momentum, BlackRock’s $110.7 million ETH purchase strengthened institutional trust in the network’s future. This move highlights how traditional finance players are treating Ethereum as a maturing digital asset rather than a speculative token.

Following the crypto flash crash, the current pattern hints at consolidation rather than panic. With fundamentals improving and smart money reentering, Ethereum appears poised for gradual recovery as the next potential leg upward forms.

Which Will Dominate Post-Crash?

Bitcoin and Ethereum are recovering, and the market looks set for a bullish run post-crash. However, their road to new highs is different. Bitcoin’s superiority flows from institutional adoptions and whale backings, which have shown to be unshaken despite bearish pressure. In contrast, Ethereum’s reputation as a fast-moving network, with upgrades, DeFi strength, and scalability, could fuel an extended bullish rally.

Bitcoin is still the number one crypto, and investors remain determined about its short and long-term growth potential. Also, Ethereum still dominates network growth and real-world use, with investors backing ETH to reach a new ATH. Who leads the next wave remains to be seen, but there is a high chance that the next bullish wave could favor both.

The post Bitcoin or Ethereum: Which Is Better Post Crypto Flash Crash appeared first on 24/7 Wall St..

Zuckerberg appoints former metaverse executive to boost AI efforts

Mon, 27 Oct 2025 13:34:48 -0400

Vishal Shah takes on key role after Meta AI video service Vibes overshadowed by OpenAI’s Sora

UK seeks ‘steel alliance’ with US and EU to tackle Chinese oversupply

Mon, 27 Oct 2025 13:10:45 -0400

Britain’s trade minister says a ‘club’ would be a natural response to a global glut of the metal

Argentine voters show a surprising taste for jam tomorrow

Mon, 27 Oct 2025 12:42:14 -0400

After sky-high inflation, currency crises and failed reform plans, the country was never going to find a quick fix

Qualcomm shares jump as it launches new AI chip to rival Nvidia

Mon, 27 Oct 2025 12:42:12 -0400

San Diego-based chipmaker strikes deal to sell new data centre processor to Saudi group Humain

3 Dividend ETFs Outpacing the S&P 500

Joey Frenette — Mon, 27 Oct 2025 12:38:34 -0400

Key Points

The S&P is great to stick with, but if you want more yield, momentum, or value, it’s worth checking out other highly-rated dividend ETFs.
The CGDV, IDV, and VYMI are among the most intriguing of S&P-beating ETFs to consider after their respective year-to-date booms.
Nvidia made early investors rich, but there is a new class of ‘Next Nvidia Stocks’ that could be even better; learn more here.

The S&P 500 is starting to pick up speed going into late-October after experiencing a bit of volatility on the back of the government shutdown, new Trump tariff threats, and a few early quarterly earnings fumbles. Despite the temporary setbacks, the dip-buyers have been more than willing to brave the dips, and that’s made it tough to score anything more than a 2% or so dip from the S&P’s all-time highs.

Either way, it’s going to be an interesting final two months for the S&P as market watchers look for the index to hit the 7,000 mark and perhaps even a full-year gain north of the 20% mark. Even with all the correction fears and AI bubble chatter, stocks seem to want to rally higher as more quarterly earnings results begin to flow in.

With a well-received CPI report giving lift to the S&P, the stage certainly seems set for a strong finish, with AI stocks leading the way. While the S&P continues to be a great long-term bet for many, I think it’s worthwhile to enhance one’s diversification further with dividend ETFs that are every bit as hot as the S&P. In fact, the following higher-yielding ETFs have been outpacing the S&P so far this year, a trend that could carry into the final few months of the year.

Capital Group Dividend Value ETF

Capital Group Dividend Value ETF (NYSEARCA:CGDV) is a highly underrated active dividend ETF, at least in my view, that investors may wish to consider diversifying into after its remarkable, nearly 22% year-to-date run.

With a modest 1.33% dividend yield, the ETF only offers a hair more than the SPY. Still, the main attraction to this U.S. equity ETF isn’t as much about the yield as it is about the long-term dividend growth potential. With a focus on going after dividend growers at a reasonable price, I think longer-term income investors will be better able to tame volatility (0.88 beta) without having to sacrifice all too much in the way of capital gains.

The ETF has a gold medal from Morningstar for a reason. It has stellar portfolio managers and a unique methodology that seems to offer a great balance for investors who want something cheaper, but still growth-heavy, with names like Broadcom (NASDAQ:AVGO) at the core of the fund.

In short, compared to the S&P, the CGDV offers slightly more yield, slightly better gains year-to-date, slightly lower valuations, while exhibiting slightly less volatility. That’s a gold medal well-earned, in my humble opinion.

Vanguard International High Dividend Yield ETF

Vanguard International High Dividend Yield ETF (NYSEARCA:VYMI) is another worthy dividend ETF that I’ve pounded the table on in prior pieces, especially for the many investors who are overinvested in the U.S., with not much in the way of international diversification.

In 2025, the VYMI gained just shy of 26%. And there’s a good chance the ETF cracks the 30% mark before the year comes to a close. With much lower valuations and exposure to some non-U.S. innovators that have promising growth profiles, perhaps the VYMI is a great bet for those insistent on stretching their investment dollar further.

With names like Novo Nordisk (NYSE:NVO) going for 13.6 times trailing price-to-earnings (P/E), I’d argue value investors have a lot to gain by broadening their horizons. Perhaps the relative outperformance of the VYMI should serve as an example for why it’s good to have a portion of the portfolio in global names.

Finally, the 3.95% dividend yield punches above its weight class and could be a more suitable contender for momentum and income investors alike as we head into the holidays.

iShares International Select Dividend ETF

iShares International Select Dividend ETF (IDV) is another international dividend ETF that seems to be leaving the S&P behind, with an oustanding 36% year-to-date gain in the books. And with a 4.8% dividend yield, the IDV certainly stands out as one of the more heated income ETFs to go after, especially for those seeking more of a value and yield tilt and are willing to settle for less high-tech growth.

If you’ve never heard of most of the top-10 holdings in the IDV, you’re definitely not alone. Either way, the IDV is all about value and yield within the developing markets, with more than its fair share of exposure to the far-cheaper European market.

The post 3 Dividend ETFs Outpacing the S&P 500 appeared first on 24/7 Wall St..

Gold Stocks Face A Real Risk of Backwardation (AAAU, GLD, GOLD, NEM, SGOL)

John Seetoo — Mon, 27 Oct 2025 12:36:43 -0400

Key Points

Backwardation is the incidence when spot prices exceed futures prices, akin to an inverse yield curve with interest rates and bonds.
Among the circumstances that can trigger backwardation with commodities and precious metals are the concerns about the reliability of future deliveries, and a surge of demand from other large buyers on the government and large institutional sized levels.
Backwardation signals are bullish for stocks and ETFs dealing with physical commodities but may indicate risks and bearish sentiment towards stocks and ETFs dealing solely with derivatives and/or futures contracts of those commodities.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

One of the major warning signs that the US economy was in a recession was the 2022-2024 inverse yield curve for US Treasuries. In normal, healthy economic conditions, shorter maturities usually correlate with lower yields. This is due to the perception of lower near term interest rate fluctuations, since holding debt over a longer period is riskier due to unforeseen events that may occur in the future. During this inverse yield curve period, the longest in US history, confidence in the future term US economic health prospects were in doubt as a result of Bidenomics and hyper-inflation. As a result, cash was deemed more dear, since credit and payment defaults were on the rise. Translation: “Pay me now – I don’t trust the money will be there later.”

Backwardation and Contango

When commodities like oil or gold enter backwardation, near term prices exceed long term ones, indicating potential market instability and other threats.

In commodities, an inverse curve between spot prices and futures prices is referred to as backwardation. This is the opposite of the normal state of the markets, similar to a normal yield curve, which is referred to as contango. Higher future costs are usually associated with carrying and storage costs, among other factors. When commodity markets are in backwardation, it can indicate several concerns, which may have geopolitical reasons. Among the possibilities are:

Global market concerns that successful deliveries on contracts may be impaired, fostering distrust in futures’
Policy changes on the national level of various nations and their central banks are triggering large scale accumulation;
Supply issues from producers.
Currency debasement concerns and trends away towards reserve currency.
Market manipulation by governments or large institutions.

Earlier this October saw the gold and silver precious metals markets enter temporarily into backwardation. Although silver entered backwardation during the 1980 Hunt Brothers’ cornering of the physical silver market and during the Covid-19 pandemic, it entered in a steeper backwardation in October – a more detailed analysis to be featured in a separate forthcoming 24/7 Wall Street.com article.

However, when gold also went into backwardation, it sent some shockwaves into the markets. Since 1972, there had been only eight (8) total days prior in which gold futures had entered into backwardation. For some, it was a chilling reality that there could be global problems with the reliability of the futures markets and that another full scale economic meltdown might be burgeoning. For others, it validated long held prognostications on the consequences from debasement of the US dollar by the Federal Reserve and other central banks steeped in fiat currency.

“Gold is Money. Everything Else is Credit” – J.P. Morgan, 1912

J.P. Morgan knew from the start that currency itself was a derivative of physical gold, which was a genuine store of value.

The history of currency devaluation is universal. Some of the most prominent historical examples include:

The practice of Roman emperors to shave silver from their denarius coins until, over the course of 250 years, its currency contained zero silver content.
Han Dynasty China licensed private mints led to an oversupply of lighter coins with less metal content that still bore imperial seals. These Ban Liang “elm seed” coins soon became worthless as the populace realized how the shortchanging was being put into effect.
The French assignat was its first paper currency, created to cover the debts incurred by the Louis XVI monarchy and its profligate spending. While the rest of France was still recovering from war and faced mass deprivation, the blatant excesses displayed by Louis XVI and Marie Antoinette, combined with the worthless assignat, led to the French Revolution, ending the monarchy in 1792 with Louis XVI’s guillotine execution the following year.
Although rarely mentioned, currency debasement played a significant role in the confederate South’s losing the U.S. Civil War. Historic letters from General Robert E. Lee to General James Longstreet during the final months of the war focused on the need for gold more than on weapons. Confederate president Jefferson Davis had debased the confederate states’ currency to such an extent that soldier salaries could not keep up with inflation.
Since President Richard Nixon removed the US dollar from the gold standard to create the petrodollar with OPEC in 1971, the US dollar has lost over 90% of its buying power.

Backwardation – A Signal For Revaluation?

The BRICS coalition has led a major de-dollarization campaign that has escalated international transactions away from the US dollar and towards their own members’ currencies.

In 1933, President Franklin D. Roosevelt confiscated gold at $20 per oz. and revalued it overnight at $35 per oz., thus devaluing the US dollar by 69% to help reduce the mathematical debt burden created by the Great Depression.

The strong bull run surge in gold showed early signs in 2018 but exploded in 2022 and has been on a steep trajectory ever since. It’s no secret that many countries’ central banks have been on a physical gold buying binge. A confluence of geopolitical and policy factors have all been contributing drivers to boosting gold and further devaluing the US dollar. As such, a number of analysts believe that the rest of the world anticipates a US dollar revaluation.

Foreign central banks have been net sellers of US Treasuries since 2014, and have been hoarding gold at a steady clip ever since.
Since 2022, central bank stacking of gold has exceeded 1,000 MT per annum.
Central banks now hold more gold than US Treasuries for the first time since 1996.
The rise of the BRICS coalition (Brazil, Russia, India, China, South Africa) has openly fostered de-dollarization of cross-border transactions and settlement in BRICS member currencies.
The Bank for International Settlements instituted Basel III rules in 2019 designating gold as a Tier-1 HQLA (High-Quality Liquid Asset) as of 2025.
Forbes published an article in September by Steve Forbes exploring the possibility of Treasury Secretary Scott Bessent authorizing US Treasury bond issues that would allow the holder the option to redeem in US dollars, or in physical gold.

Potential Winners and Losers

In times of uncertainty about the future of gold and the US dollar, odds favor those holding physical gold after the dust settles.

Although the signs are present, no official announcement has been made to date, and both bond and equity markets are continuing as if no policy or economic change on the level of a US dollar revaluation is on the horizon.

That said, given that the occurrence of backwardation in the gold market is already speaking in loud volumes, investors have some choices available if they want exposure to a gold play. The smarter money is on a bullish spot market and away from futures, at least in the near term of uncertainty. Therefore, stocks and ETFs that hold or mine physical gold are clearly the safer choices for investors seeking to speculate on the future of gold and the US dollar. Among the more established securities that hold physical gold are:

Newmont Corporation (NYSE: NEM)

Barrick Mining Corp. (NYSE: B)

SPDR Gold Trust (NYSEARCA: GLD)

Goldman Sachs Physical Gold ETF (BATS: AAAU)
Abrdn Physical Gold Shares ETF (NYSEARCA: SGOL)

ETFs that attempt to trade the future contracts market or attempt to create synthetic securities by using a covered call strategy against a stock or ETF it may hold faces a number of variables. For example, a covered call ETF security inevitably has its upside capped in favor of the option premium obtained for generating dividends. A sudden upward revaluation can cause the ETF to lose a major chunk of that move. Conversely, a commodity’s revaluation upward increases its futures contract commensurately. However, if the seller of the futures contract is caught in between with insufficient funds to cover the difference, delivery default risks will elevate unless those contracts are closed out before expiration. As such, these ETFs and stocks carry a higher risk factor, and investors considering them may wish to exercise greater caution.

Stocks and ETFs that deal primarily with gold futures or with synthetic dividend securities include:

ProShares Ultra Gold (NYSEARCA: ULG)

DB Gold Double Long ETN exp 15 Feb 2038 (NYSEARCA: DGP)

When Marco Polo brought back treasures from his Chinese explorations to Italy, the notion of Chinese paper money triggered some of the greatest skepticism and disbelief. The inherent fraud and debasement was apparent even back then. The only reason China could count on paper money at that time was because Kublai Khan enforced it under penalty of death. Venetian commerce was based on sound coinage. Since penalty of death is no longer an option in the modern world, maybe the Venetians had the right idea – Scott Bessent certainly seems to be leaning in that direction.

The post Gold Stocks Face A Real Risk of Backwardation (AAAU, GLD, GOLD, NEM, SGOL) appeared first on 24/7 Wall St..

Hopes of a China Trade Deal Lift Global Markets

Mon, 27 Oct 2025 12:12:40 -0400

Investors sent major global indexes higher on optimism that President Trump and China’s top leader, Xi Jinping, could reach a wider agreement this week.

Trapped Between U.S. and China, South Korea Feels Trade War’s Pressure

Daisuke Wakabayashi — Mon, 27 Oct 2025 11:53:28 -0400

A preliminary tariff deal with President Trump called for a large investment in the United States, while China has warned Seoul not to side with Washington.

Sell These 2 AI Stocks and Buy This One Instead

Omor Ibne Ehsan — Mon, 27 Oct 2025 11:41:58 -0400

Key Points

The market has pushed two AI stocks to nosebleed levels.
Their underlying businesses make them extremely risky and leave you with limited upside.
However, this one AI stock gives you significantly more upside potential.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

The AI rally has created a fresh class of millionaires but has repeatedly lured many people into the wrong names. Some stocks look irresistible on the surface with great businesses. But all that glitter isn’t gold, and your money is better off elsewhere. The stock market will not remain permanently bullish, so your focus should be on investing in the companies with the most potential for profitability in the future.

It’s a good idea to reconsider your investments in unsustainable AI companies that burn significant cash and do not have much backing. If the hype cools down, they can enter a cycle of dilution and reverse stock splits. This is a spiral that can turn thousands of dollars into pennies.

SoundHound AI (SOUN)

SoundHound AI (NASDAQ:SOUN) is a voice AI platform that can allow conversational interactions between users and devices. The voice platform can be used for various industries, with automotive being a core application.

However, this is a very contested space. Companies with far deeper pockets, like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), and OpenAI, are aggressively developing their own voice AI platforms. In the meantime, SoundHound is burning through $20-30 million in cash per quarter. The cash buffer of $230 million is enough for around two years of operations. It can be extended with dilution, so it’s unlikely SoundHound AI will go bankrupt.

That said, I do not see SOUN stock trading this high once the euphoria wanes. It will be exceedingly difficult for SoundHound to fight against the big-cap companies.

You’re paying 44 times forward sales for SOUN stock. Profits are not expected in the foreseeable future, and revenue growth is expected to decelerate. Growth is expected to slow from 96% in 2025 to 29% next year. It’s a better bet to put your money somewhere else.

CoreWeave (CRWV)

CoreWeave (NASDAQ:CRWV) is one of the most popular AI stocks today, but the devil is in the details. The business model here is reliant on taking large sums of debt, buying GPUs, and then leasing those GPUs out to AI companies in exchange for long-term, “take-or-pay” contracts.

The company is basically subsidizing AI computing for hyperscalers, and it does not have much negotiating power. 62% of its revenue came from just Microsoft (NASDAQ:MSFT) last year. 15% came from another customer. On top of that, account for GPU depreciation and the double-digit interest rate on debt, and you have a company in a very precarious situation. The first Delayed Draw Term Loan (DDTL 1.0) totals $2.3 billion, fully drawn as of the S-1 filing, and carries a 14.11% annual interest rate. The second loan facility comes with at least 10.53% annual interest.

Per an analyst, “These mob-like terms suggest Blackstone and Magnetar (lenders) don’t necessarily trust CoreWeave to survive, and intend to rip out whatever guts are left if it doesn’t.”

Revenue growth came in at an explosive 206.75% in Q2 2025 at $1.21 billion, with net loss at $290.51 million. Wall Street is paying attention to the top line today, but will immediately shift to the losses once CoreWeave shows signs of a slowdown.

I’d buy Nebius (NASDAQ:NBIS) instead for a better attempt at playing the AI build-out.

AI Stock to Buy: Serve Robotics (SERV)

This is a very early-stage AI stock and is certainly risky. Nevertheless, the company looks very promising today and can get you far more upside with similar downside risk. Serve Robotics (NASDAQ:SERV) makes robots that use sidewalks to deliver food, groceries, and similar-sized items. These robots are already functional and operational.

It already has Uber (NYSE:UBER) as a partner and has also added DoorDash (NASDAQ:DASH) as a new partner earlier in October.

The robots being sold by this company today are expensive to build, with some suggesting a unit cost of around $30,000 each. Their pilot programs are rolling out smoothly, with the 1,000th robot being deployed in October of this year.

There are over a million delivery drivers in the U.S. Robots are unlikely to replace all of them. Manufacturing them at scale will bring down unit costs. This will make it likely for Uber and DoorDash to choose these delivery robots. Serve Robotics is the leading sidewalk delivery company in the U.S., and the market capitalization as of writing is below $1 billion. There’s still plenty of room for it to be a multibagger.

The post Sell These 2 AI Stocks and Buy This One Instead appeared first on 24/7 Wall St..

Will Joby Aviation or Archer Aviation Cash In Big on Earnings Next Week?

Rich Duprey — Mon, 27 Oct 2025 11:40:25 -0400

Key Points

Joby Aviation (JOBY) reports Q3 earnings Nov. 5, Archer Aviation (ACHR)follows Nov. 6.
Both companies are pre-revenue, so focus instead on directional cue progress, such as certification and launches.
The two stocks are positioned for a post-earnings lift, but one eVTOL stock outshines the other.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

As investors eye next week’s earnings reports from the electric vertical takeoff and landing (eVTOL) sector, all attention turns to Joby Aviation (NYSE:JOBY) and Archer Aviation (NYSE:ACHR), which release third-quarter results on Nov. 5 and Nov. 6, respectively.

Because both companies remain pre-revenue, burning cash on development without meaningful sales to judge profitability, traditional metrics like EPS or revenue growth hold limited sway here. Instead, analysts and traders will parse these reports for signals on operational momentum, certification timelines, and funding runway.

In a nascent industry projected to hit $29 billion by 2030 — and between $1 trillion and $5 trillion a decade later — direction trumps dollars. Joby’s update could highlight its edge in FAA testing, potentially lifting shares if it reaffirms 2026 launches in the UAE and U.S. Archer, with deeper pockets and manufacturing scale, might impress on production ramps, but delays in certification could weigh it down.

Whichever shows clearer paths to commercialization stands to gain, as eVTOL hype demands proof of execution over promises. Expect volatility: a “beat” here means forward guidance that reassures on risks like regulatory hurdles or market adoption.

Racing Toward Takeoff: Launch Strategies Unfold

Both Joby and Archer are mapping aggressive paths to commercial operations, blending domestic trials with international footholds. Joby eyes an early 2026 debut in Dubai through a partnership with the UAE government, aiming for air taxi services in high-density urban corridors. Stateside, it’s advancing vertiport infrastructure in New York and California, tied to deals with Delta Air Lines (NYSE:DAL) for potential integration into regional travel.

Archer mirrors this playbook but leans harder on global expansion. Its UAE collaboration with Abu Dhabi Aviation targets similar 2026 rollouts, while a Stellantis (NYSE:STLA)-backed manufacturing facility in Georgia positions it for U.S. East Coast deployments. Archer’s Midwest Air Route Network envisions shuttle services between Chicago and Ohio by late 2026, leveraging FAA-supervised trials starting next year.

Both firms emphasize hybrid models: Joby plans to own and operate fleets for control, while Archer focuses on aircraft sales to operators, potentially accelerating revenue but ceding some margins.

These strategies hinge on blending eVTOL with existing transport, but execution varies. Joby’s pilot program with Uber Technologies (NYSE:UBER) positions it for seamless app-based bookings, whereas Archer’s ties to United Airlines (NASDAQ:UAL) could unlock airport access. As 2025 closes, watch for updates on these milestones — delays could signal supply chain snags in battery tech or composite materials.

Deep Pockets and Heavy Hitters

Sustained investment defines eVTOL viability, and both companies boast robust support. Joby draws from Toyota‘s (NYSE:TM) $894 million commitment since 2020, funding vertical integration from design to production. Its Q2 cash pile neared $1 billion, ample for a projected 2025 burn of $500 million to $540 million and runway through 2027.

Archer counters with even stronger liquidity at $1.7 billion after Q2, bolstered by Stellantis equity and a $150 million BlackRock (NYSE:BLK) credit line. This war chest supports a 500-aircraft production goal by 2028, with Q3 estimates pegging EBITDA losses at $110 million to $130 million — manageable given it has no debt maturities until 2028.

Industry giants amplify credibility with Joby collaborating with NASA on noise reduction, and Archer offered Defense Dept. contracts. These alliances not only inject capital but validate technolohy for dual-use applications. Yet, dilution risks linger — Joby’s recent $250 million capital raise trimmed shares, a reminder that growth demands fresh funding.

Public acceptance is arguably the biggest risk. Surveys show 60% urbanites are intrigued by air taxis, but pricing likely will deter mass uptake. Too high, and demand could be below 1 million rides annually by 2030 — far short of profitability thresholds.

Certification’s Final Lap: Nearing the Checkered Flag

The FAA’s type certification process remains the gatekeeper, and both are in the home stretch. Joby hit 70% completion on stage 4 in the second quarter, with FAA pilots slated for flight tests in early 2026. Structural validations, like static load tests, are done, leaving systems integration and human factors.

Archer trails slightly, targeting a late-2025 signoff after completing conformity testing. Its Midnight aircraft has logged 500+ test flights, but FAA scrutiny on battery redundancy and autonomy could extend timelines. Both joined the FAA’s eVTOL pilot program in September, enabling supervised U.S. trials pre-certification.

White House backing adds tailwinds. A September executive order under Transportation Secretary Sean Duffy fast-tracks advanced air mobility, integrating eVTOL into airspace by 2027. Defense interest, via DoD’s Replicator initiative, funnels grants for cargo variants.

Key Takeaway

Joby Aviation is the favorite to edge out an earnings “beat,” with its certification lead and operational clarity. Archer’s liquidity shines, but slower FAA progress tempers upside enthusiasm.

Beyond beats, investors should gauge their preparation for scale. Joby’s integrated model better equips it for 2026 growth, while Archer’s partnerships suit rapid expansion if hurdles clear. That means investors should ignore the actual numbers in favor of execution signals. This could become a massive industry, but expect a lot of turbulence until that is achieved.

The post Will Joby Aviation or Archer Aviation Cash In Big on Earnings Next Week? appeared first on 24/7 Wall St..

Taylor Sheridan Signs Deal With NBCUniversal

John Koblin — Mon, 27 Oct 2025 11:27:30 -0400

Mr. Sheridan, a prolific TV producer, will leave Paramount when his contract expires, according to two people with knowledge of the decision.

Peltz and General Catalyst lodge $7bn bid for Janus Henderson

Mon, 27 Oct 2025 11:15:00 -0400

Take-private offer would ‘de-risk’ US asset manager that is ‘highly sensitive to capital market and geopolitical dynamics’

Wall Street is Pounding the Table Over HON, GOOG, AAPL, MSFT, BKNG, and TSLA

Ian Cooper — Mon, 27 Oct 2025 10:42:01 -0400

Key Points

Alphabet, Meta, Microsoft, Apple, and Amazon all set to post earnings this week.
Alphabet, Meta, Microsoft, Apple, and Amazon are all set to post earnings this week.
The right cash back credit card can earn you hundreds, or thousands of dollars a year for free. Our top pick pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. (Sponsor)

Alphabet, Meta, Microsoft, Apple, and Amazon are all set to post earnings this week. Plus, the Federal Reserve is expected to cut interest rates again this week. With such strong catalysts, it’s no wonder that analysts are pounding the table with stock upgrades.

Analysts at RBC just upgraded Honeywell (NASDAQ: HON) to an outperform rating with a price target of $253 from $235. The upgrade came after HON posted quarterly numbers that were better than expectations. Adjusted EPS of $2.82 on revenue of $10.41 billion was better than expectations for $2.57 per share on revenue of $10.14 billion.

“The analyst applauded this solid quarter and highlighted that it marks the start of a catalyst-rich period ahead of Honeywell’s planned separation of its aerospace segment in the second half of 2026,” as noted by CNBC.

Analysts at JPMorgan reiterated an outperform rating on Alphabet (NASDAQ: GOOG) with a price target of $300 per share. As noted by Investing.com, “The firm notes that Alphabet is the second-best performing ‘Mag 7’ name year-to-date, up 37% and 80% from April lows, compared to the S&P 500’s 15% and 36% gains respectively. JPMorgan cites the favorable outcome in the DOJ Search Commercial Agreement trial as removing a major overhang, while highlighting Google’s strong financial performance and AI innovation.”

Analysts at JPMorgan also reiterated an overweight rating on Apple (NASDAQ: AAPL) with a price target of $290. The firm says Apple is heading into earnings with greater positives than at any other time in the last year. The firm is also bullish on iPhone sales.

Analysts at Guggenheim just upgraded Microsoft (NASDAQ: MSFT) to a buy rating ahead of earnings, noting that MSFT is well-positioned for artificial intelligence. The firm has a price target of $586, which is 12% higher than current prices.

Analysts at Truist just upgraded Booking Holdings (NASDAQ: BKNG) to a buy, noting that secular downside risk fears are now overdone. The firm cited Asia’s long-term travel outlook, steady GDP growth, and more attractive valuation for the buy rating.

And analysts at Morgan Stanley just reiterated an overweight rating on Tesla (NASDAQ: TSLA). As noted by Investor’s Business Daily, “With Tesla and CEO Elon Musk continuing to bet on artificial intelligence and fully autonomous driving coming out of the EV giant’s Q3 earnings, Morgan Stanley on Monday said they were ‘callin’ it’ and that Tesla has ‘solved’ autonomy.”

The post Wall Street is Pounding the Table Over HON, GOOG, AAPL, MSFT, BKNG, and TSLA appeared first on 24/7 Wall St..

Going Down the Junk Food Rabbit Hole

Sarah Bahr — Mon, 27 Oct 2025 10:28:42 -0400

Alice Callahan, a reporter for the Well desk, explored the history of ultraprocessed foods and how they became a major threat to our health.

Tulane Punished a High School After an Early Decision Student Backed Out

Kailyn Rhone — Mon, 27 Oct 2025 09:56:35 -0400

In an unusual move, the university imposed a one-year ban on Colorado Academy for early-decision applications, which carry a commitment to attend.

Opendoor Technologies Roars Back to Life. Is A Bigger Rally Next?

Rich Duprey — Mon, 27 Oct 2025 09:51:09 -0400

Key Points

Opendoor Technologies (OPEN) stock rose 13% Friday, ending a multi-week decline on better housing data.
The advance comes after weeks of steady declines following OPEN’s mid-September 52-week high driven by meme trading.
Expected Fed rate cuts could support housing activity and benefit OPEN’s operations.
Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; learn more here.(Sponsor)

Opendoor Technologies (NASDAQ:OPEN) stock rose more than 13% on Friday, closing at $7.97 per share. The gain came ahead of expected interest rate cuts this week and marked the company’s first meaningful increase in a month. It ended a decline that began after shares reached $10.87 per share in mid-September.

That earlier peak resulted from meme stock activity, with retail traders pushing the price higher on momentum rather than company results. The excitement did not last. By late September, OPEN had given back most of those gains, even after a 16% jump on the 25th following positive housing data. The stock then continued lower as market sentiment cooled.

Breaking the Downtrend

The drop was part of a larger pattern. Meme rallies, such as the one that lifted OPEN from summer lows near $0.50 per share, tend to reverse quickly. Investors moved money to other names, including Better Home & Finance (NASDAQ:BETR), which gained attention after a hedge fund manager called it “the Shopify of mortgages.” OPEN fell 12% in one day during that shift.

The company’s announcement of a national expansion for its iBuying program — using cash offers and agent partnerships — also failed to hold the price above $8. Doubts about scaling up in a slower market weighed on the shares.

Friday’s advance was somewhat different, though. Trading volume exceeded 200 million shares, indicating participation from retail and institutional investors. Recent housing figures showed modest improvement, with pending sales edging higher. The main driver, though, appears tied to monetary policy.

Federal Reserve Rate Outlook

The Federal Open Market Committee meets this week and is expected to lower the federal funds rate by 25 basis points on Wednesday, setting a new range of 3.75% to 4%. This would be the second cut in a row, following September’s move. Market pricing suggests two additional quarter-point reductions before the end of the year, and point to a steady path lower.

Lower rates obviously affect housing directly. The average 30-year fixed mortgage rate is near 6.5% and could fall to 6% or below. For a $400,000 loan, that drops the monthly payment from $2,528 to $2,398, saving about $1,600 per year. Such savings can encourage more buyers to enter the market.

Many homeowners remain in loans with rates under 4% from the pandemic period, reducing available inventory. Easier rates may prompt some to sell, adding to the national supply. Annual existing-home sales have been below 4 million, suggesting a pickup in demand could push the figure toward 4.5 million.

Opendoor would benefit from the higher activity. The company buys homes for cash, makes repairs if needed, and resells them. Increased transactions speed up turnover and improve margins. Its pricing algorithms perform better in active markets, which could help third-quarter results after its Q2 report disappointed investors. Lower rates will also reduce carrying costs on the $1.5 billion in homes it holds.

Challenges Ahead

The business model, however, carries risks. Opendoor purchases properties outright, leaving it open to shifts in home values and unexpected repair expenses. Pricing errors in fast-moving markets can force discounted sales. Zillow (NASDAQ:Z) ended its iBuying effort after losses of $500 million.

OPEN recorded anadjusted profit in the second quarter for the first time in years, but third-quarter estimates show losses of $20 million to $30 million. Gross margins are around 8%, and net debt stands at nearly $2 billion, limiting flexibility if conditions worsen.

Recent sales by insiders, including 11 million shares from Access Industries for $95 million, raise analyst eyebrows. Short interest is also above 20%, which can fuel rapid moves in either direction. The stock’s meme characteristics amplify OPEN’s volatility as gains from hype often reverse when investor attention shifts elsewhere — as it inevitably does.

Home prices have risen 65% since 2015 while wages have not kept pace, shrinking the buyer pool. Competitors like Redfin offer similar services at lower cost.

As the first major move higher for OPEN stock in a month, does this represent the start of a new round of buying by the market that could catapult it even higher?

Key Takeaway

The recent gain may draw interest from those looking for rate-driven gains, but the company’s financial position calls for caution. Shares remain 25% below the September high, and losses continue.

With ongoing losses, high debt, and a housing market unlikely to rebound sharply, betting on much higher prices is a risky gamble. OPEN hasn’t traded on its fundamentals, and despite the stock offering seemingly discounted valuations, I’d prefer to sit on the sidelines until after next week’s earnings report, which should provide clues on whether the real estate stock’s efforts are gaining any traction.

The post Opendoor Technologies Roars Back to Life. Is A Bigger Rally Next? appeared first on 24/7 Wall St..

6 New Hotels Put Umbria on the Map

Ondine Cohane — Mon, 27 Oct 2025 09:27:49 -0400

The Italian region has lacked hotels worthy of its many charms, but a new crop of boutique lodgings and converted estates have opened. Here, stylish places to stay and explore.

Markets and Business News Review

Retail Traders Warm Up to Opendoor (OPEN) Again

Key Points

Retail Traders Are Warming Up to Opendoor Again

Volume Spikes Confirm Renewed Retail Interest

What Comes Next

Why Some Investors Get Rich While Others Struggle

The ‘Sleeper Issue’ at the Heart of Trump’s Trade War on China

What is driving the world’s best-performing stock market?

Government Shutdown Imperils SNAP and Other Antipoverty Programs

Lukoil unveils plans to sell its international assets

Qualcomm Just Entered AI Chip Race. Can it Catch AMD and Nvidia?

Key Points

Qualcomm is entering the AI chip race. It could keep AMD and Nvidia on their toes

Qualcomm’s latest AI chip spike may be just the start

The bottom line

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Forge Global explores sale after share price plunge

Biomarin Up After Q3 Earnings: Here’s Everything You Need to Know

Miss Overshadows Strong Cash Generation

Growth Drivers Keep Momentum

Adjusted Profit Craters Despite Revenue Stability

Key Figures

Management Sounds Cautiously Optimistic

What Matters Now

The Next Nvidia Could Change Your Life

Cadence Down 1% After Reporting Q3 Earning: Here’s What You Need to Know

Record Backlog Signals Runway Ahead

Execution Beats Expectations

Margins Hold Despite Scale

Key Figures

Management Strikes an Optimistic Note

So, Why is the Stock Down?

What Investors Should Watch Next

The Next Nvidia Could Change Your Life

Amkor Stock Down 4.4% After Earnings

Key Points

Advanced Packaging Hits Record Heights

Earnings and Margins Tell a Disciplined Story

Numbers Tell the Story

Leadership Transition Announced

What Matters Next

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Big Day For Nucor After Q3 Earnings

Key Points

Earnings Crush the Street

Balance Sheet Strength Enables Capital Returns

Steel Mills Segment Faces Headwinds

Key Figures

Management Strikes a Cautious Tone on Outlook

What Comes Next

Get Ready To Retire (Sponsored)

Whirlpool Stocks Drops After Q3 Earnings

Key Points

The Beat Masks Deteriorating Fundamentals

Cash Flow Tells a Darker Story

Where Whirlpool Found Traction

Key Figures

Full Year Outlook Suggests Stabilization Ahead

CEO Marc Bitzer Strikes a Measured Tone

What Investors Should Watch

If You have $500,000 Saved, Retirement Could Be Closer Than You Think (sponsor)

Celestica Up 9% After Hours – Here’s The One Thing You Need to Know

From Contract Manufacturer to AI Backbone

Why This Matters for the Next Cycle

What Happens Next Quarter

Waste Management (WM) Stock Drops After Earnings

Key Points

Collection and Disposal Delivers, But Recycling Stumbles

Revenue Miss Signals Commodity Headwinds Ahead

Key Figures

Management Strikes a Measured Tone

What to Watch Next

If You’ve Been Thinking About Retirement, Pay Attention (sponsor)

Avis Budget Group Up 4% After Q3 Earnings: Here’s Why

The Profitability Rebound Is Real

Revenue Per Day Stumbles

Key Figures

Management Signals Cautious Optimism

What Investors Should Watch Next

Get Ready To Retire ^(Sponsored)

Get Ready To Retire ^(Sponsored)