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China’s CXMT Says It Has Reached Advanced DRAM Mass Production, Challenging Samsung, SK Hynix and Micron in Memory Chips
Benzinga6d agoneutral
China’s CXMT Says It Has Reached Advanced DRAM Mass Production, Challenging Samsung, SK Hynix and Micron in Memory Chips

On Sunday, China’s ChangXin Memory Technologies (CXMT) said it has begun mass production using a fifth-generation DRAM technology platform. This marks a potential step forward in Beijing’s effort to build a stronger domestic rival to Samsung Electronics Co. (OTC:SSNLF), SK Hynix (NASDAQ:SKHY) and Micron Technology (NASDAQ:MU). CXMT Advances DRAM Manufacturing The new platform aims to produce higher-performance memory chips while reducing manufacturing costs and power consumption, Reuters reporte

Rocket Companies (RKT) Stock Still Looks Like A Bargain Following Its 55% 3 Year Rise
Simply Wall St.6d agoneutral
Rocket Companies (RKT) Stock Still Looks Like A Bargain Following Its 55% 3 Year Rise

Rocket Companies has seen a steep share price pullback this year, which puts fresh attention on whether the current valuation is really supported by the returns the business earns on its capital. With the stock well below recent highs, the issue is less about short term sentiment and more about what the underlying economics of Rocket’s mortgage and fintech platform can justify. Over the past 3 years the stock is up 54.6%, which raises the question of whether that longer term gain is aligned...

Why Jones Lang LaSalle (JLL) Is Betting on a Brand-New Operations Boss Now
Insider Monkey6d agoneutral
Why Jones Lang LaSalle (JLL) Is Betting on a Brand-New Operations Boss Now

On September 16, Jones Lang LaSalle (NYSE:JLL) named Paul Morgan its Chief Operating Officer and gave him a seat on the Global Executive Board, where he reports to CEO Christian Ulbrich. The job is brand new, built to fold operational expertise spread across the firm into a single global team. It follows a second quarter, […]

RBC Bearings (RBC) Writes a Small Check While Its Big Numbers Keep Climbing
Insider Monkey6d agoneutral
RBC Bearings (RBC) Writes a Small Check While Its Big Numbers Keep Climbing

On August 10, RBC Bearings Incorporated (NYSE:RBC) said Dodge Industrial, Inc., one of its subsidiaries, bought PSC Couplings, LLC, in an asset purchase for $24.2 million in cash. PSC, a Wisconsin maker of disc couplings, generated about $15.1 million in sales over the last 12 months. That makes this a bolt-on, not a blockbuster. But […]

3 U.S. Refining Stocks With Diesel And Jet Fuel Margin Upside
Simply Wall St.6d agoneutral
3 U.S. Refining Stocks With Diesel And Jet Fuel Margin Upside

Tariffs, pricier fuel and higher interest costs are reshaping which U.S. oil refiners and fuel infrastructure stocks can turn elevated diesel and jet fuel margins into durable cash flow. Some businesses are seeing freight and financing pain. Others are collecting richer spreads on every barrel they process or store. This article examines how that tension plays out and profiles 3 stocks exposed to the same news but in different ways. The three stocks profiled next are just a sample of the...

What Does Alphabet (GOOGL) Face In This New AI Safety Lawsuit?
Simply Wall St.6d agobearish
What Does Alphabet (GOOGL) Face In This New AI Safety Lawsuit?

Alphabet (NasdaqGS:GOOGL) unit Google DeepMind has been named in a new class-action lawsuit targeting leading AI labs. The complaint challenges an industry-funded safety oversight body that would coordinate pre-release reviews of advanced AI models. Plaintiffs allege the joint safety structure could amount to coordinated action to slow AI development and distort competition. The class action over the proposed AI safety oversight body is an important new factor to weigh alongside our broader...