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Short interest in Direxion Daily META Bull 2X Shares (NASDAQ:METU) increased by 84.0% in July, reaching 7.90 million shares, which represents 45.4% of shares outstanding. The leveraged ETF, which provides twice the daily exposure to Meta Platforms' stock, trades below its 52-week high and …
Ford's Louisville Assembly Plant (LAP) has undergone a $2 billion transformation from a gas-powered vehicle facility to an electric vehicle plant for the new Ford Fathom midsize electric truck. The new Universal EV Production System aims to radically simplify assembly, improve ergonomics for operators, …
Meta (META) will face off against attorneys general from several states in an Oakland, Calif., courtroom Tuesday as part of a major lawsuit alleging that the company violated child safety and consumer protection laws and harmed children's mental health. The trial, which begins on …
JPMorgan recently initiated coverage on Salesforce (CRM), suggesting the market may be overestimating AI risks and underestimating AI monetization potential for the company. Despite a 22.6% year-to-date share price drop, recent momentum is up 14.9% over 30 days, driven by Agentforce deployments and raised …
The State of Wyoming has acquired a new position in Performance Food Group Company (NYSE:PFGC), purchasing 12,407 shares valued at approximately $1.39 million in the second quarter. This move is part of broader institutional investment, with such entities owning 96.87% of the company. Despite …
Bitcoin mining company Riot Platforms recently secured a significant $9 billion, 20-year agreement to provide AI compute services to Anthropic, with potential for an additional $7 billion from extensions. This deal highlights a growing trend among Bitcoin miners to pivot their data center infrastructure …
Riot Platforms has signed a significant $9 billion compute agreement with AI company Anthropic, involving 191 megawatts of capacity from Riot's Rockdale, Texas facility over 20 years. This deal marks a strategic pivot for Riot away from Bitcoin mining and towards AI data-center infrastructure, …
SFE Investment Counsel recently acquired 76,210 shares of Ford Motor Company (NYSE:F) in the second quarter, valued at approximately $1.06 million, adding to the significant institutional ownership of 58.74% of Ford's outstanding stock. Ford reported stronger-than-expected quarterly earnings of $0.42 EPS, exceeding analyst estimates …
Oppenheimer Asset Management Inc. has acquired a new position in FormFactor, Inc. (NASDAQ:FORM) during the second quarter, purchasing 31,330 shares valued at approximately $5.01 million. This comes as FormFactor reported stronger-than-expected quarterly results with earnings of $0.82 per share and revenue of $258.24 million, …
General Motors and Ford Motor Co. have been awarded contracts to develop prototype tactical trucks for the U.S. Army. These contracts are under new national security rules that restrict the use of China-sourced materials, parts, and software in defense manufacturing. This policy, effective in …
ABN AMRO Bank N.V. has acquired a new stake worth $6.03 million in Salesforce Inc. during the second quarter, purchasing 38,335 shares. This investment highlights continued institutional interest in Salesforce, with several other hedge funds also increasing their positions. The article further details Salesforce's …
California Water Service Group has been recognized as a Top Workplace in the USA for the second consecutive year by Energage. This award is based on employee feedback gathered through an anonymous survey, highlighting the company's commitment to fostering an exceptional workplace culture. The …
PFGC Q2 Deep Dive: Convenience and Procurement Initiatives Shape 2026 Results and Outlook Food distribution giant Performance Food Group (NYSE:PFGC) missed Wall Street's revenue expectations in Q2 CY2026, but sales rose 6.4% year on year to $18.03 billion. On the other hand, the company's …
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