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Texas Stock Exchange Is Close to Winning Its First Major Listing From New York
The Wall Street Journal16d agoneutral
Texas Stock Exchange Is Close to Winning Its First Major Listing From New York

Texas Stock Exchange’s audacious plan to challenge Wall Street’s financial dominance hinges on convincing companies to ditch their New York listings. Pipeline company Energy Transfer is set to be the first major company to switch its primary listing from New York to TXSE, according to people familiar with the matter. The $75 billion company plans to move its listing from the New York Stock Exchange as soon as next month, the people said.

AeroVironment Stock Jumps. There Is Still Growth for Drones.
Barrons.com16d agobullish
AeroVironment Stock Jumps. There Is Still Growth for Drones.

FEATURE Quarterly results from drone maker AeroVironment were a relief for investors. There is still growth for defense contractors selling drones and drone-related tech. AeroVironment announced fiscal first quarter 2027 earnings of 59 cents a share from sales of $480.

Investing.com16d agobullish
AeroVironment surges 4% on Q1 earnings beat

Investing.com -- AeroVironment Inc (NASDAQ:AVAV) reported first quarter results that exceeded analyst expectations, with adjusted earnings per share of $0.59, beating the consensus estimate of $0.30 by $0.29. Revenue reached a record $480.5 million, surpassing the analyst estimate of $459.89 million and representing a 6% increase from $454.7 million in the same quarter last year.

S&P Dow Jones Indices CEO on Index Restructuring
Bloomberg16d agobearishVIDEO
S&P Dow Jones Indices CEO on Index Restructuring

Catherine Clay, CEO of S&P Dow Jones Indices, discusses the upcoming S&P reconstitution and rebalance, noting that the process is fully transparent and routine. She says market participants already know which names are entering and leaving the index, including Bloom Energy, Illumina and Everpure joining the S&P this month, and have ample time to adjust portfolios accordingly. She speaks with Romaine Bostick & Tyler Kendall on "The Close."

What Investors Need To Understand About Broadcom, Credo and Snowflake Earnings
24/7 Wall St.16d agoneutralVIDEO
What Investors Need To Understand About Broadcom, Credo and Snowflake Earnings

What do massive earnings beats from Broadcom, Credo Technology Group, and Snowflake really tell us about the current state of the AI trade? During a recent episode of The AI Investor Podcast, Eric Bleeker and Austin Smith discussed why stocks like Credo and Broadcom faced brutal pullbacks despite stellar numbers, while Snowflake surged on accelerated cloud and consumption growth. The two also examined forward price-to-earnings multiples, hardware versus software margins, peak earnings anxieties, and why the market is treating today's tech boom differently than past megatrends like the smartphone surge.

Spencer Jakab | Keep an Eye on Oracle Tomorrow
The Wall Street Journal16d agoneutral
Spencer Jakab | Keep an Eye on Oracle Tomorrow

Every “hyperscaler” is playing to win, whatever that means. They’ll still survive if the fortunes they’re spending on data centers earn lousy returns. But one to watch is Oracle, which reports quarterly results Thursday afternoon.