Archer strikes deal with Boeing in latest bid to transform aviation through AI
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing. Source:MarketWatch
17 S&P 500 companies with growing revenue and profit margins — and some of their stocks are cheap
These companies increased their quarterly sales per share by at least 40% while expanding their gross profit margins and their operating margins.…
SpaceX’s stock moves above its IPO price for the first time in almost a month
SpaceX shares have been clawing their way back in recent days but remain well off their highs. Source:MarketWatch
Taylor Farms recalls jalapeño-based foods in 26 states amid ongoing salmonella outbreak
The farming giant said this includes salsas, guacamole and pimento cheese dips. Source:MarketWatch
The stocks of these ‘toll takers’ could be the AI boom’s next big winners
The next boom could be in stocks of companies collecting recurring revenue from AI workloads. Source:MarketWatch
Barrick’s stock slides after dispute settlement sets the scene for IPO of mining company’s gold assets
Mining giant Barrick announced Monday that it has reached an agreement with goldmining company Newmont to combine some of their mines — helping to support an…
Apple’s stock could underperform, especially without an ‘all-glass’ iPhone, this analyst warns
A Jefferies analyst says that it may be harder than it looks for Apple to roll out dramatically more expensive devices in a bid to boost profitability.…
Intel plans to sell $15 billion worth of stock after it has risen 400% in a year
The company said it sees growth opportunities in physical AI, custom chips and advanced packaging. Source:MarketWatch
‘I want her to choose the best strategy’: My wife’s Social Security is just $900. Should she claim spousal benefit at 62?
“She was a teacher at a school district, so didn’t put much into Social Security.” Source:MarketWatch
The U.S. economy is shedding jobs. Why that’s good news for stocks.
A weaker labor market may mean the Federal Reserve can cut interest rates amid benign wage inflation, says 22V. Source:MarketWatch
Mark Zuckerberg takes on the AI doomers in 6,500-word essay
Meta Platforms CEO Mark Zuckerberg has a response to the gloom about artificial intelligence coming from both inside and outside the industry: AI will be…
Is $1 million enough for a household to retire? The answer keeps changing.
The Moneyist: “Some readers — and couples — would be grateful to retire on half that amount.” Source:MarketWatch