Meta announced Tuesday morning that it was paying billions of dollars to keep an Illinois nuclear power plant running through 2047. The social media company will buy all the “clean energy attributes” of Constellation Energy’s Clinton Clean Energy Center, a 1.1 gigawatt nuclear power plant in central Illinois, starting in June 2027.Electricity will still flow to the local grid, so Meta’s purchase won’t directly power one of its data centers, though the company does have one about two hours north of Clinton i ...

The VanEck Gold Miners ETF ( GDX ) notched a fresh multi-year high to jump-start June. Shares of the gold mining equity fund have been hot so far in 2025, up by more than 50%. Its largest component, Agnico Eagle Mines (Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to fina ...

Wall Street recorded a historically strong May with the S&P 500 posting its best May performance since 1990, rising over 6% in the month, its biggest monthly gain since November 2023. The rally defied the traditional "Sell in May and Go Away" adage, driven by easing trade tensions, robust corporate earnings, and renewed investor optimism (read: 5 Sector ETFs That Beat the Market in May).SPDR S&P 500 ETF Trust (SPY) , the proxy version of the S&P 500 Index, has gained 6.3% over the past month. While many sto ...

SAP SE (NYSE:SAP) BNP Paribas Exane 27th CEO Conference Call June 3, 2025 5:45 AM ET Company Participants Christian Klein - Chief Executive Officer Conference Call Participants Unidentified Analyst - BNP Paribas Exane Unidentified Analyst Okay. In the interest of time, we'll get started just while the last few seats are filled. Christian, thank you for joining us. Christian Klein Yeah. Thanks for having me. Unidentified Analyst Nice to see you. We heard a lot from you two weeks ago in Orlando at Sapphire. A ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.StandardAero (NYSE: SARO ), a pure-play provider of aircraft engine MRO services in the aerospace and defense industry, has faced some challenges since I initiated coverage with a Buy rating in March. Despite favorable long-term sector tailwinds, S ...

Tucows Inc. (TCX) has gained 22.6% in the past month against the 0.5% decline of the composite stocks belonging to the industry. The TCX stock has also outperformed the S&P 500’s 4.7% growth in the same period. Image Source: Zacks Investment Research This outstanding performance is a direct reflection of the company’s impressive financial results for the first quarter of 2025, wherein it posted strong year-over-year increases in revenues and narrower losses. The company’s dramatic outperformance is a testam ...

Core Insights - Credo Technology Group Holding Ltd reported better-than-expected financial results for Q4 fiscal 2025, with revenue of $170.03 million, surpassing analyst estimates of $162.96 million, and adjusted earnings of 35 cents per share, exceeding expectations of 28 cents per share [1][2] Financial Performance - The company experienced a surge in demand for its high-performance connectivity solutions, particularly from hyperscaler customers for advanced AI services, a trend expected to continue [2] - For Q1, Credo Technology Group anticipates revenue between $185 million and $195 million, compared to estimates of $167.83 million, and expects an adjusted gross margin of 64% to 66% [3] Stock Performance and Analyst Ratings - Following the earnings announcement, Credo Technology shares increased by 20.6%, trading at $75.58 [3] - Analysts have adjusted their price targets for Credo Technology: - Needham raised from $80 to $85 [6] - Barclays raised from $70 to $85 [6] - Susquehanna raised from $60 to $90 [6] - Stifel raised from $69 to $80 [6]

Dr. Gray to lead evidence-based clinical direction for all of Sun Life U.S. DentalWELLESLEY, Mass., June 3, 2025 /PRNewswire/ -- Sun Life U.S. today announced the appointment of Dr. Todd Gray as Chief Dental Officer (CDO) for its Dental business, which includes DentaQuest. Dr. Gray will focus on enhancing the organization's clinical strategy, including implementing evidence-based improvements, overseeing quality, strengthening collaboration with dental providers and dental professional associations, and dri ...

Key Takeaways GE Vernova will supply five 7H-Class turbines to Saudi Arabia's 3GW power plant expansion project. GEV stock is up 47.5% YTD, outperforming the industry, sector, and broader market by significant margins. GEV's gas turbine orders jumped 11.8% in Q1 2025.GE Vernova Inc. (GEV) recently clinched an order to supply five of its advanced 7H-Class gas turbines for Saudi Arabia’s 3 gigawatts (GW) Qurayyah Independent Power Plant Expansion Project. This further strengthens GEV’s Saudi ties, with the ...

Dollar General's string of good results continues, thanks in part to higher-income shoppers. The retailer delivered strong revenue growth of 5.3% for the first quarter, with comparable sales increasing by 2.4% over the same period last year. Last year's numbers were strong, too.CEO Todd Vasos said the growth was propelled by the dollar store's delivery initiatives, including a partnership with DoorDash, which are attracting a "new and diverse" set of customers. "The incrementality on DoorDash has always b ...