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Are Business Services Stocks Lagging ADEIA INC (ADEA) This Year?
ZACKS· 2025-06-27 14:41
Based on the most recent data, ADEA has returned 1.9% so far this year. Meanwhile, the Business Services sector has returned an average of 1.3% on a year-to-date basis. This shows that Adeia is outperforming its peers so far this year. One other Business Services stock that has outperformed the sector so far this year is Arbe Robotics Ltd. (ARBE) . The stock is up 3.8% year-to-date. For Arbe Robotics Ltd., the consensus EPS estimate for the current year has increased 5.6% over the past three months. The sto ...
Ostin Technology Group Co Ltd Issues Statement Regarding Market Activity
Globenewswire· 2025-06-27 14:40
Nanjing, China, June 27, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (Nasdaq: OST), a leading supplier of display modules and polarizers based in China, issued the following statement in response to the market activity on June 26: Forward-Looking Statement This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future ...
Trade Desk Stock Edges Higher After Upgrade
Schaeffers Investment Research· 2025-06-27 14:37
Trade Desk Inc (NASDAQ:TTD) stock is 3.2% higher to trade at $70.21 at last check, after Evercore ISI Group upgraded the cloud computing company to "outperform" from "in line." The analyst in coverage cited the equity's attractive valuation and improved risk-reward ratio.The majority of analysts leaned bullish coming into today, but there's room for additional upgrades that could further boost the security. Of the 36 firms in question, 10 still carry a "hold" rating. TTD now sports a 27.3% quarter-to-date l ...
Saudi Construction Equipment Market to Surge: Can CAT Capitalize?
ZACKS· 2025-06-27 14:36
Key Takeaways CAT will benefit from Saudi Arabia's projected 5.92% CAGR in construction equipment through 2030. Growth is driven by infrastructure upgrades, port expansions and Vision 2030 housing initiatives. CAT's construction unit made up 41.5% of 2024 sales, with 17% of EAME revenues tied to the region.Caterpillar Inc. (CAT) is well-positioned to benefit from the projected long-term expansion of Saudi Arabia's construction equipment market, as outlined in a recent report by Research and Markets. The m ...
Can Falcon for IT Help CrowdStrike Expand Beyond Cybersecurity?
ZACKS· 2025-06-27 14:36
Key Takeaways Falcon for IT brings real-time visibility and automation to IT ops, extending CRWD's value beyond security. CRWD secured a nine-figure expansion after replacing a legacy IT tool at a Fortune 100 tech firm. Falcon for IT supports CrowdStrike's shift into adjacent markets, expanding its role beyond cybersecurity.CrowdStrike Holdings, Inc. (CRWD) is already a leader in cybersecurity, but its latest push into IT operations through Falcon for IT could take the company further. Falcon for IT is a ...
Howmet vs. Textron: Which Aerospace & Defense Stock has Better Prospects?
ZACKS· 2025-06-27 14:36
Key Takeaways HWM saw 9% growth in commercial and 19% rise in defense aerospace revenues in Q1 2025. HWM boosted its dividend by 25% and has $2B remaining in share repurchase authorization. TXT posted $7.87B in aviation backlog but faces cost pressures and ongoing supply-chain delays.Howmet Aerospace Inc. (HWM) and Textron Inc. (TXT) are two prominent names operating in the aerospace and defense industry. As rivals, both companies are engaged in producing highly engineered aircraft components for commerci ...
Plug Power's Equipment Revenues Decline: Is the Risk Priced In?
ZACKS· 2025-06-27 14:36
Key Takeaways PLUG's Q1 revenues from key legacy products fell 7% year over year to $63.5 million. Sales of hydrogen infrastructure, GenDrive units and cryogenic gear all declined in the quarter. Electrolyzer revenues surged 581.7% on global demand, boosted by major deals and new project deliveries.Plug Power Inc. (PLUG) is facing headwinds in some of its core product categories. In the first quarter of 2025, revenues from equipment, related infrastructure and other products declined 7% year over year to ...
Banco Macro (BMA) Loses 15.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-06-27 14:36
A downtrend has been apparent in Banco Macro (BMA) lately with too much selling pressure. The stock has declined 15.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. T ...
Centene (CNC) Loses 5.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-06-27 14:36
Centene (CNC) has been beaten down lately with too much selling pressure. While the stock has lost 5.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price mov ...
Methanex Corporation Completes Acquisition of OCI Global's Methanol Business
GlobeNewswire News Room· 2025-06-27 14:36
VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that it has completed the previously announced acquisition of OCI Global’s (“OCI”) international methanol business. As part of the transaction, first announced in September 2024, Methanex has acquired an interest in i) two world-scale methanol facilities in Beaumont, Texas, which have access to robust North American natural gas feedstock and one of which also produces ammonia, ii) a low ...