The packaged-food aisle has become a graveyard for income stories, with GLP-1 drugs, private label, and tariffs squeezing every legacy brand.
This is a developing story. Check back for updates.
PVH Corp. (NYSE:PVH) was downgraded to 'Underperform' from 'Neutral' by Bank of America, which also lowered its price objective to $70 from $90, citing the apparel company's significant exposure to Europe, the Middle East and Africa (EMEA) and expectations that a recovery in the region could take longer than anticipated. Shares of PVH traded hands at $72 on Thursday afternoon, up about 7% so far this year.
I reiterate my buy rating on the VanEck Gold Miners ETF, supported by strong fundamentals and attractive valuation. GDX's free cash flow/EV yield is at record highs, and its forward P/E and EV/EBITDA multiples are at five-year lows. A re-rating to 6x EBITDA implies a 20% upside, with technical and seasonal trends potentially acting as catalysts.
FedEx Corporation stock delivered over 70% total returns since last fall, but I now downgrade to Hold due to shifting risk/reward. The Freight spinoff clarifies strategic focus and enables a $4.15B debt buyback, reducing leverage and financial risk. FDX's fiscal Q4 showed resilient volumes, strong yield growth, and robust top-line/EPS beats.
Microsoft's Majorana dispute is shifting quantum focus toward proven progress, putting D-Wave Quantum's bookings growth and roadmap in the spotlight.
MU is approaching record highs as booming AI-driven HBM demand, surging revenues and a new Anthropic partnership fuel growth.
VSE Corporation remains a "Buy," leveraging a focused aviation MRO strategy and transformative acquisitions to drive both organic and inorganic growth. Recent divestitures and acquisitions, notably Precision Aviation Group, position VSEC for >50% revenue growth and margin expansion toward 20%+ levels. Despite dilution and elevated leverage from acquisition financing, the growth profile and accretive EBITDA margins justify the capital strategy.
For nearly 30 years, the internet has worked the same way. AI may be about to change that.
Caterpillar (NYSE: CAT | CAT Price Prediction) has been one of the more surprising mega-cap winners of 2026, riding a record backlog, AI-driven power generation demand, and aggressive capital returns to fresh highs.
Our DraftKings (NASDAQ:DKNG | DKNG Price Prediction) price prediction lands within striking distance of where the stock trades today.
Qualcomm shares climbed on Thursday after the chipmaker outlined an expanded push into artificial intelligence data centers, raised its long-term revenue targets, and unveiled new partnerships with Meta Platforms and Microsoft. Shares rose 8% in the trading session.
Bitcoin's drop to $58,000 lines up with the power-law model's cycle lows, even though futures market data points to deeper lows for BTC price.
The pre-market session on Thursday was a wall of green. Micron Technology (NASDAQ:MU | MU Price Prediction) ripped 12.32% intraday to $1,177.73 after a fiscal Q3 report that redefined what an AI-cycle blowout looks like.
Wendy's (NASDAQ:WEN | WEN Price Prediction) has recently become one of the market's most closely watched stocks after a sharp rally this week sparked an explosion in options activity.
Many of your Prime Day orders are being handled by Roomba-esque bots as part of Amazon's quest to deliver packages faster.
Crypto exchange-traded fund (ETF) flows weakened sharply on Wednesday, June 24, as bitcoin ETFs posted a fifth straight day of outflows with a $469.08 million exit, the largest since June 2. Ether ETFs also remained negative, while XRP was the only category to draw fresh capital.
Investors need to pay close attention to INN stock based on the movements in the options market lately.
Just a few hours after Apple announced price increases across its hardware lineup, Microsoft revealed that Xbox game consoles are also getting more expensive. The company also announced that it's discontinuing its 2TB model.
Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) outlined higher long-term revenue and earnings targets at its investor day, prompting analysts at Bank of America and UBS to lift their estimates and price targets while maintaining differing views on execution risks. The chipmaker increased its fiscal 2029 non-handset revenue target to $40 billion from a previous goal of $22 billion.
The Binance perp-spot volume imbalance Z-Score indicator for XRP sits in a neutral range of 0.17 points. The total perpetual contract volume maintains an imbalance indicator sitting at 0.51 compared to spot markets. The open interest for this token recorded a decline of approximately 70% over the prior weeks of June.
Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom.
Nano-X Imaging Ltd. (NNOX) Q1 2026 Earnings Call Transcript
Count Qualcomm (QCOM) among the mature technology companies that have garnered new favor among investors by way of the artificial intelligence (AI) trade. Specific to the California-based semiconductor producer, it's captivating investors with its fast-growing data center chip business.
Coursera (COUR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Ethereum investors would likely be better off remaining patient instead of placing directional bets.
A coalition of publishers of nearly 400 local and regional newspapers has filed a lawsuit against OpenAI and Microsoft, alleging copyright infringement.
The State Street SPDR S&P 500 ETF Trust (SPY) remains one of the most popular ETFs ever created, but income investors may be disappointed by what it currently pays.
Replacing a $2,000 monthly Social Security check with dividends from Schwab U.S.
The rise of tokenized equities like SPCXon democratizes access to high-demand IPOs, but introduces new risks and complexities for investors. ONDO Finance's SPCXon surpasses $10M in tokenized market cap.