GAAP earnings came in well below expectations after a $965 million export tax hit, even as net income nearly doubled to $10.44 billion on higher crude exports to China. Shareholders get $3.4 billion in dividends and interest on capital declared August 6, with Brasilia's export tax regime still under reassessment.
Baker Hughes is sending shareholders the biggest check today, $228 million at 23 cents a share, landing August 17. Alliance Resource Partners pays the richest per share of the group at 60 cents.
Most people who discover the IRS loophole for penalty-free early retirement withdrawals choose the version that cuts their annual payout nearly in half, and a simple calculator default is the reason why.
Apple has surged nearly 50% in a year and just posted its ninth straight earnings beat, so the $400 question is back on the table. Our model has a clear answer, and it might surprise the bulls.
Susan thought her retirement income was finally settled after the Social Security Fairness Act restored benefits she spent decades losing to WEP and GPO. Then her Medicare bill arrived, and the numbers told a very different story.
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AMD just doubled its Data Center revenue and guided for 41% growth, yet the stock slipped and sits nearly $500 below a price target that would make it a trillion-dollar company. The timeline to get there hinges on three things that all need to break right.
Tech is doing the heavy lifting again, with the Nasdaq up 0.91% at midday against just 0.21% for the Dow. Own the industrials and you are barely participating in this leg of the record run.
A single Wall Street upgrade flipped the narrative on space stocks in one session, pulling an entire sector out of its post-IPO hangover. Here is what changed and whether the buyers returning today have the fundamentals to back them up.
London finished at 10,921.68, another step deeper into record ground, though Germany did the heavy lifting Friday with the DAX outpacing the FTSE. US investors underweight European equities are watching that gap widen by the week.
London finished at 10,921.68, another step deeper into record ground, though Germany did the heavy lifting Friday with the DAX outpacing the FTSE. US investors underweight European equities are watching that gap widen by the week.
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The connected TV story got a bid back for the first time after a brutal run down, with the ad-tech name up 11.19%. Whether it holds through the close is the tell.
An 11.31% jump to $127.92 is a rare kind of move for a company valued near $985 billion, adding tens of billions in market value in one session. Live coverage is still developing, so keep an eye on the stock into the close.
