Apple supplier Cirrus Logic (NASDAQ: CRUS) has witnessed a big jump in its stock price in the past month, jumping 23% as of this writing after it emerged that its largest customer is getting a reprieve from the tariff turmoil. Cirrus Logic supplies audio codecs, power amplifiers, camera controllers, haptics modules, and other types of chips that are used in smartphones and personal computers (PCs). Apple is its largest customer, accounting for 89% of the top line in the recently concluded fiscal 2025, which means that Cirrus’ fortunes are closely tied to the iPhone maker. Where to invest $1,000 right…
Author: Michael Thompson
One of the emerging pockets that’s piquing interest in the artificial intelligence (AI) realm right now is quantum computing. While the technology is not widely used today, curious investors seem to have bought into the idea that quantum computing represents the next chapter in the AI narrative. Among notable players fueling the quantum computing landscape is IonQ (NYSE: IONQ), which has witnessed a 275% rise in its share price over the last 12 months. I think that IonQ’s rapid ascent echoes the rise of Palantir Technologies throughout the AI frenzy. Where to invest $1,000 right now? Our analyst team just…
The market wasn’t so hot on Walmart (NYSE: WMT) stock on Thursday following the company’s latest quarterly-earnings release, but sentiment changed the following day. Thanks in no small part to a clutch of positive analyst updates on the company, investors snapped up Walmart again, sending it to a 3% gain on the day. With that performance, it eclipsed the 0.7% increase of the S&P 500 index. Delayed praise As a titan in the U.S. retail sector, Walmart is closely tracked by a platoon of stock analysts. More than a few of them weighed in on the company with updates, the…
Meta Platforms (NASDAQ: META) might operate some of the most durably popular social media sites in the world, but this didn’t translate into love for the stock on Friday. On news that a potentially hot product rollout will be delayed, investors traded out of Meta to leave its shares with a 0.6% price loss on the day. Meanwhile, the S&P 500 index closed higher by roughly the same percentage. Continued delays Towards the end of Thursday’s trading session, The Wall Street Journal reported that Meta is delaying the launch of its flagship artificial intelligence (AI) model. Citing unnamed “people familiar…
Genre: Superhero, Action, Adventure, Fantasy, Sci-fi Release Date: July 11, 2024 Director: James Gunn Cast: David Corenswet, Nicolas Hoult, Rachel Brosnahan Plot Summary: Superman must reconcile his alien Kryptonian heritage with his human upbringing as reporter Clark Kent. As the embodiment of truth, justice and the human way he soon finds himself in a world that views these as old-fashioned. FILM RATING The post Sueprman | Official Trailer | Warner Bros. appeared first on Coastal House Media.
by Jesse Coburn ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Kennell Staten saw Walker Courts as his best path out of homelessness, he said. The complex had some of the only subsidized apartments he knew of in his adopted hometown of Jonesboro, Arkansas, so he applied to live there again and again. But while other people seemed to sail through the leasing process, his applications went nowhere. Staten thought he knew why: He is gay. The property manager had made her feelings about that clear…
by Tim Golden ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. In what could be a significant escalation of U.S. pressure on Mexico, the Trump administration has begun to impose travel restrictions and other sanctions on prominent Mexican politicians whom it believes are linked to drug corruption, U.S. officials said. So far, two Mexican political figures have acknowledged being banned from traveling to the United States. But U.S. officials said they expect more Mexicans to be targeted as the administration works through a list of several…
Big deals to sell chips to the U.A.E. and Saudi Arabia have divided the U.S. government over whether they could be remembered for shipping cutting-edge A.I. overseas.
Ireland will host a regular season NFL game in September. The National Football League this week announced Dublin as one of the venue for its 2025 International Games schedule. Along with Dublin, London, Berlin and Madrid are other European cities chosen. On Sunday, 28 September, the Pittsburgh Steelers will face the Minnesota Vikings at Croke Park, in the country’s first-ever regular season NFL game. 3 games in London The Vikings will then travel to London to play the Cleveland Browns at Tottenham Hotspur Stadium on Sunday, 5 October. This game will also be the 40th regular season game to be…
Here’s our initial take on Applied Materials’ (NASDAQ: AMAT) second-quarter financial report. Key Metrics Metric Q2 2024 Q2 2025 Change vs. Expectations Revenue $6.65 billion $7.10 billion +7% Missed Earnings per share (adjusted) $2.09 $2.39 +14% Beat Operating margin (adjusted) 29% 30.7% +1.7 pp n/a Semiconductor systems revenue $4.90 billion $5.26 billion +7% n/a No Change to Customer Demand Semiconductor equipment manufacturer Applied Materials reported second-quarter results that were mixed relative to analyst expectations. Revenue rose by 7% year over year, a bit short of the consensus estimate, while adjusted earnings per share beat expectations and rose by 14%. The…
