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Campbell's cuts dividend, unveils $500M cost plan after profit slide

Campbell's cuts dividend, unveils $500M cost plan after profit slide

Campbell Soup Company (NYSE:CPB) reported a sharp drop in fourth-quarter profitability and slashed its quarterly dividend by 36% to $0.25 per share, as the packaged food company moves to accelerate debt reduction and shore up its balance sheet. Adjusted earnings per share fell to $0.39 from $0.62 a year earlier, a 37% decline.

The Campbell's Company logo CPB +0.67%
Proactiveinvestors | 1 month ago

Meta says new Muse Spark 1.3 model rivals Anthropic, OpenAI offerings

Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) shares climbed more than 4% on Thursday after the company unveiled an upgraded version of its flagship AI model, which its AI chief says now matches offerings from Anthropic and OpenAI. The new model, Muse Spark 1.3, marks Meta's "biggest jump so far on model performance," according to Alexandr Wang, the company's AI chief.

Meta Platforms Inc Class A logo META +0.3%
Proactiveinvestors | 1 month ago

Ken Griffin's Citadel Reveals Massive Bullish Positions in XRP ETFs

Ken Griffin's Citadel Advisors boosted its XRP ETF exposure massively in Q2, indicating a bullish outlook on XRP. The Wall Street hedge fund grew its investment portfolio by over $250 billion, adding a significant portion to crypto stocks and ETFs.

XRPUSD +0.08%
Coingape | 1 month ago

HPE Q3 Earnings Surpass Expectations, Revenues Rise Y/Y

Hewlett Packard Enterprise HPE posted non-GAAP earnings of $1.11 per share for the third quarter of fiscal 2026, which increased 152.3% year over year and beat the Zacks Consensus Estimate of 95 cents by 16.8%.

Hewlett Packard Enterprise Company logo HPE +7.36%
Zacks | 1 month ago
Weekly Jobless Claims Increase Marginally

Weekly Jobless Claims Increase Marginally

Weekly Jobless Claims Increase Marginally.

Automatic Data Processing Inc. logo ADP -2.38%
Zacks | 1 month ago
Can TPC's $4.6B Indo-Pacific Pipeline Fuel Its Next Growth Leg?

Can TPC's $4.6B Indo-Pacific Pipeline Fuel Its Next Growth Leg?

Tutor Perini's $4.6B Indo-Pacific pipeline, recent Guam award and margin focus could support further backlog, revenue and earnings growth.

Tutor Perini Corporation logo TPC +4.17%
Zacks | 1 month ago
Can Citigroup Sustain Its Aggressive Capital Return Strategy?

Can Citigroup Sustain Its Aggressive Capital Return Strategy?

C ramps up buybacks and dividends as excess capital, stronger earnings and business simplification support aggressive returns.

Citigroup Inc. logo C +1.18%
Zacks | 1 month ago
Can Argan's 53% Power Revenue Growth Continue With a $2.5B Backlog?

Can Argan's 53% Power Revenue Growth Continue With a $2.5B Backlog?

Argan, Inc. AGX is positioned to benefit from rising demand for power infrastructure as electrification, data center development and domestic manufacturing increase the need for reliable energy capacity. The company's Power segment remains central to this opportunity, supported by a strong project pipeline and capabilities in complex power plant construction.

Argan Inc. logo AGX +1.12%
Zacks | 1 month ago
Here's Why You Should Add ATI Stock to Your Portfolio Now

Here's Why You Should Add ATI Stock to Your Portfolio Now

ATI's aerospace and defense demand, raised 2026 outlook and capacity investments support margin expansion and sustained earnings growth.

ATI Inc. logo ATI +0.67%
Zacks | 1 month ago
XAU/USD Price Forecast: Gold defies sellers around $4,500

XAU/USD Price Forecast: Gold defies sellers around $4,500

XAU/USD Price Forecast: Gold defies sellers around $4,500

XAUU
XAUUSD +0.42%
Fxstreet | 1 month ago

Down 6% in 2026, Uber Is Slashing Another 10% of Its Workforce

At $76.45, Uber Technologies (NYSE:UBER | UBER Price Prediction) looks compelling at current levels. The rideshare and delivery platform is down 6.

Uber Technologies, Inc. logo UBER +0.34%
247wallst | 1 month ago

Why is Sui Price Surging Today?

Sui price climbed 8% to about $0.768 on Thursday, ranking among the market's strongest performers during the latest 24 hours. The rise was even higher than the overall cryptocurrency market rise of 2.18% that day.

SUIUSD +2.87%
Coingape | 1 month ago

Can Cost Savings Offset Inflation & Protect Clorox's Margins?

CLX is using cost savings, ERP optimization and pricing to cushion inflation, but the FY27 gross margin is still projected at 42%.

The Clorox Company logo CLX -0.3%
Zacks | 1 month ago

TTMI's Europe Expansion Adds Capabilities: Can It Drive Growth?

TTM Technologies' planned Swiss and German acquisitions add advanced capabilities and a European foothold that could support long-term revenue growth.

TTM Technologies, Inc. logo TTMI +4.25%
Zacks | 1 month ago

BTG Goose Mine's Q2 Output Hit by Fire: Are 2026 Targets on Track?

B2Gold's Goose Mine ramp-up was disrupted by a Q2 crushing-circuit fire, but repairs and upgrades aim to support growth.

B2Gold Corp logo BTG +0.58%
Zacks | 1 month ago

Google Was Found to Hold an Illegal Monopoly and Kept It Anyway. Is the Antitrust Nightmare Finally Over?

A federal judge confirmed Google runs an illegal monopoly in ad tech, then refused to break it up anyway. What that contradiction means for Alphabet investors depends entirely on what comes next.

Alphabet Inc logo GOOG +1.62%
247wallst | 1 month ago

HYPE Price Eyes $90 as Whale Buying Meets HIP-3 Upgrade

Whales keep buying HYPE, and the timing is getting interesting. Lookonchain reported that wallet 0x6436 bought another 430,224 HYPE worth $35.1 million, while a newly created wallet withdrew 94,149 HYPE worth $7.66 million from FalconX. Ted Pillows also reported a $30 million whale purchase.

HYPEUSD +0.4%
Coinpedia | 1 month ago

Bitcoin surges 5% to $81,000 as $140M in shorts liquidated

Bitcoin's surge highlights the volatility and potential for rapid market shifts, emphasizing the risks and opportunities in crypto trading. Bitcoin surges 5% to $81,000 as $140M in shorts liquidated.

BTCUSD -0.02%
Cryptobriefing | 1 month ago

Cardano (ADA) and Sui (SUI) Flash Buy Signals: What Are Their Next Targets?

Here's why ADA and SUI might be setting the stage for a serious uptrend.

ADAUSD +2.81%
Cryptopotato | 1 month ago

Brandywine Realty Trust: This 10.6% REIT Has Many Problems

Brandywine Realty Trust trades at a steep 5.5x P/FFO discount, but balance sheet risks overshadow valuation. BDN's leverage remains elevated at 9.0x net debt/EBITDA, with $700 million in 2027 maturities and heavy reliance on asset sales for debt reduction. The 10.6% dividend yield appears unsustainable, with a Q2 payout ratio of 102.9% and two dividend cuts in three years.

Brandywine Realty Trust logo BDN 0%
Seekingalpha | 1 month ago

4 Cosmetics Stocks Showing Strength Amid Industry Headwinds

EL, ELF, COTY and HELE navigate cost pressures and selective demand through innovation, digital growth and stronger brand strategies.

Coty Inc. logo COTY +0.38%
Zacks | 1 month ago

Can PENG Turn Integrated Memory Growth Into an Edge Over Competitors?

Penguin Solutions' Integrated Memory surge, CXL offerings and MemoryAI performance gains are sharpening its competitive position in AI infrastructure.

Penguin Solutions, Inc. logo PENG +11.6%
Zacks | 1 month ago

Trump Warned Towns They'd End Up Poor Without Data Centers but Berkshire's CEO Sees a Revolt Growing

On September 2, 2026, three things happened within roughly 24 hours. Craft Ventures co-founder and White House AI adviser David Sacks amplified a political messaging script coaching candidates to frame data centers as “life preservers” for “drowning American towns.

Berkshire Hathaway Inc. logo BRK-A +0.41%
247wallst | 1 month ago

Metaplanet Buys 1,007 More Bitcoin As Treasury Hits 20,000 BTC

Metaplanet has bought another 1,007 Bitcoin for $69 million, lifting its total corporate treasury holdings to 20,000 BTC. The company said the latest purchase was made at an average price of $68,520 per Bitcoin.

BTCUSD -0.02%
Newsbtc | 1 month ago

Wall Street Lunch: Ford Aims To Sell Over 100K EV Trucks In First Year

Ford (F) targets over 100K unit sales of its new Fathom electric truck in its first production year, priced near $30K. Nvidia (NVDA) acquires Hugging Face for $12.9B, reinforcing its leadership in the AI ecosystem while Snowflake (SNOW) rallies on strong guidance.

Ford Motor Company logo F -1.39%
Seekingalpha | 1 month ago

Vertiv Stock Keeps Cooling Off. One Analyst Says a 100% Rally Is Coming

Vertiv has quietly shed nearly a third of its value from its peak even as earnings beats pile up and estimates keep climbing higher.

Vertiv Holdings Co logo VRT +2.46%
247wallst | 1 month ago

Atlassian Stock Surges 85% in 3 Months: Time to Hold or Book Profits?

TEAM's 84.9% three-month surge reflects strong AI adoption and cloud growth, but rising AI costs and a premium valuation warrant caution.

Atlassian Corporation Class A logo TEAM -1.06%
Zacks | 1 month ago

Apple: Why I Am Buying The Earnings Growth Despite The Premium Valuation

I'm rating Apple a Buy, with a price target of $414. My main growth drivers are services, the iPhone 18 and foldable cycle, AI monetization, Mac and iPad growth, margin normalization, and continued share repurchases. AAPL isn't cheap at 36.84x FWD non-GAAP earnings and a 3.49x FWD non-GAAP PEG ratio.

Apple Inc. logo AAPL +1.02%
Seekingalpha | 1 month ago

Sundar Pichai Promised a Gemini Flagship in June, and Alphabet Is on Its Worst Streak Since 2015

Alphabet's cadence problem finally has a price tag. CEO Sundar Pichai said Gemini 3.5 Pro would arrive in June, but it still hadn't shipped as of September 2, 2026.

Alphabet Inc logo GOOG +1.62%
247wallst | 1 month ago

Daktronics: The Rally Has Matured, But There's Still Upside Ahead

Daktronics, Inc. is executing a strong operational turnaround, with margins and cash flow significantly improved and a Buy rating reaffirmed. DAKT posted Q1 revenue of $234.6M (+7.1% YoY), an operating margin of 10.6%, and EPS up 21.2% to $0.40, signaling sustainable financial progress. Management targets 7–10% annual revenue growth, 10–12% operating margins, and 17–20% ROIC by fiscal 2028, with a strategic push into software and services.

Daktronics Inc. logo DAKT +1.99%
Seekingalpha | 1 month ago
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