News

Intel (INTC) Stock Trades Up, Here Is Why

Shares of computer processor maker Intel (NASDAQ:INTC) jumped 10.5% in the afternoon session after The Wall Street Journal reported that the company is in talks with Broadcom and TSMC to sell certain assets. Sources revealed Broadcom is interested in Intel's product business, while TSMC is more focused on snapping up and controlling some of its factories. Investors are betting on management to make a move to unlock value in some of its operating segments, given the significant investments that h

Why Is Valmont (VMI) Stock Rocketing Higher Today

Shares of infrastructure and agriculture equipment manufacturer Valmont Industries (NYSE:VMI) jumped 13.8% in the afternoon session after the company reported strong fourth-quarter 2024 results, with revenue, EBITDA, and EPS all beating analysts' expectations. Sales grew 2.1% y/y, driven by strength in the Infrastructure segment, where pricing improvements and higher volumes in utility and telecommunications offsetting declines in solar sales. Profit margins expanded significantly, and this was

Bath and Body Works (BBWI) Stock Trades Up, Here Is Why

Shares of personal care and home fragrance retailer Bath & Body Works (NYSE:BBWI) jumped 9.1% in the morning session after JP Morgan upgraded the stock's rating from Neutral to Buy. The firm added "Our recent fieldwork and management access points to a fundamental inflection on both the top and bottom-line into FY25 upgrading BBWI to Overweight raising our Dec '25 price target to $47."

Why Is H&E Equipment Services (HEES) Stock Soaring Today

Shares of machinery provider H&E (NASDAQ:HEES) jumped 18.8% in the pre-market session after Herc Holdings made an offer to buy the company for $104.89 per share in cash and stock, a 14% premium over the pending $92 per share sale to United Rentals. According to the terms of the deal, HRI's offer will generate $300 million of EBITDA by the end of the third year after closing.

Why Robinhood (HOOD) Stock Is Down Today

Shares of financial services company Robinhood (NASDAQ:HOOD) fell 5.3% in the morning session after Wolfe Research analysts downgraded the stock's rating from Buy to Hold, citing valuation concerns. The analysts added, "Since our June upgrade, key drivers underpinning our upside (bull) case have largely played out and are now reflected in the current valuation / share price."