by Lekha Gupta | May 29, 2026 | General
Hedge fund billionaire Daniel Loeb reshuffled his exposure in the semiconductor industry at Third Point LLC in the first quarter of FY26. The investor opened a new position in Broadcom Inc. (NASDAQ:AVGO), acquiring 50,000 shares in the quarter. Meanwhile, the company...
by Nabaparna Bhattacharya | May 29, 2026 | General
Genesco Inc. (NYSE:GCO) stock rose Friday after the footwear and apparel retailer reported first-quarter sales that topped Wall Street expectations and raised its full-year earnings outlook, signaling improving momentum across several of its key brands. Investors also...
by Piero Cingari | May 29, 2026 | General
U.S. stocks climbed to fresh record highs by midday Friday as investors piled further into the artificial-intelligence trade following a blockbuster forecast from Dell Technologies Inc. (NYSE:DELL). Dell surged 28% after reporting first-quarter revenue of $43.8...
by Erica Kollmann | May 29, 2026 | General
Wall Street has spent two months pricing in the worst for Super Micro Computer Inc. (NASDAQ:SMCI). It hasn’t started pricing in the recovery. SMCI stock is climbing. See the chart and price action here. Since the March 19 DOJ indictment unsealed charges against...
by Henry Khederian | May 29, 2026 | General
Rivian Automotive Inc (NASDAQ:RIVN) shares are trading higher on Friday as traders weigh a fresh death cross warning on the chart against recent improving risk appetite for EV names. Here’s what investors need to know. Rivian Automotive stock is moving in positive...
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