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...
by Kaustubh Bagalkote | May 29, 2026 | General
HP Inc. (NYSE:HPQ) stock climbed on Friday following the company’s April quarter financial results, which outpaced Wall Street expectations. The solid performance triggered a wave of price target increases from major financial institutions, shifting market sentiment...
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