Alphabet CEO Sundar Pichai told employees that Waymo, the company's self-driving car unit, could start making a meaningful financial contribution as soon as 2027. This suggests that Alphabet's investment in autonomous driving technology may be closer to paying off than many investors expect. If Waymo delivers on this potential, it could become a significant new revenue stream for Alphabet, impacting the company's future growth and market valuation. Investors may want to reassess the current market undervaluation of Alphabet's self-driving business.
KNOT Offshore Partners LP reported strong Q2 2026 results, beating analyst expectations with an EPS of $0.10 versus an estimated loss of $0.03 and revenue of $96.78 million exceeding forecasts. The company maintained a high shuttle tanker fleet utili...
Mama's Creations reported a strong Q2 fiscal 2027 with revenue up 55% to $54.6 million and net income doubling to $2.6 million. The company’s growth is driven by new product launches, effective cross-selling, and inclusion in Costco's national mailer...
Stanley Black & Decker has agreed to sell its Excel Industries business, known for the Hustler brand of professional-grade mowers, to Bad Boy Mowers. Excel is expected to generate about $300 million in revenue in 2026. This sale allows Stanley Black ...
Investors are increasingly viewing gold as a strategic asset rather than just a tactical play due to rising global government debt and inflation worries. Christopher Hamilton from Invesco highlights that resilient economic growth, inflation concerns,...
Semiconductor stocks are rising sharply, driving a split in AI server stocks: Super Micro Computer surged 7% on strong AI demand and record order backlogs, while Hewlett Packard Enterprise fell 3% due to supply constraints despite strong earnings. De...
