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Stock Price

All articles tagged with #stock price

Wendy's to shutter up to 360 U.S. stores to lift profitability
business8 days ago

Wendy's to shutter up to 360 U.S. stores to lift profitability

Wendy's plans to close 300–360 U.S. stores in 2026 (about 5–6% of its outlets) to boost profitability at remaining locations; interim CEO Ken Cook says closures will improve sales and profits, a move that sent shares higher. The company reported U.S. sales fell more than 11% in Q4 2025 as rising costs and higher prices squeezed consumers, especially those in lower-income brackets, prompting Wendy's to lean more on value offerings.

Memory-chip squeeze dents Nintendo’s Switch 2 outlook despite profit surge
business22 days ago

Memory-chip squeeze dents Nintendo’s Switch 2 outlook despite profit surge

Nintendo’s shares fell over 10% after quarterly revenue missed estimates as a rare memory-chip shortage raises costs and could squeeze margins, even though profit rose 24% and revenue climbed 86% on solid Switch 2 sales. The company kept its full-year Switch 2 outlook, but investors worry about long-term component costs. With upcoming titles like Mario Tennis Fever and Pokopia and a Super Mario Galaxy movie planned, Nintendo hopes to sustain momentum, though analysts say 2026 could be pivotal for broad Switch appeal.

GameStop insiders deploy multi-million bet as Cohen leads fresh stake boost
business1 month ago

GameStop insiders deploy multi-million bet as Cohen leads fresh stake boost

GameStop insiders, led by CEO/Chairman Ryan Cohen, bought about 1 million shares across Jan 20–21 for roughly $21.36 million, with director Alain Attal adding 12,000 shares. Trading in the low $20s amid volatility, the buys could bolster sentiment and help establish a near-term price floor around $21 as the company pursues cost cuts and cash preservation.

Ubisoft's reset triggers 34% stock drop to a 15-year low amid studio closures and game cancellations
business1 month ago

Ubisoft's reset triggers 34% stock drop to a 15-year low amid studio closures and game cancellations

Ubisoft's sweeping 'reset' closes two studios, cancels six games (including the Sands of Time remake) and delays several others, sending its shares down 34% to the lowest level in 15 years. The publisher is reorganizing into five creative houses to focus on major franchises, revising its full-year net bookings guidance, and contends with a lawsuit from former Assassin's Creed chief Marc-Alexis Côté; rumors persist about an Assassin's Creed Black Flag remake.

Oracle's Data Center Challenges Impact Stock and AI Market Sentiments
business2 months ago

Oracle's Data Center Challenges Impact Stock and AI Market Sentiments

Investor concerns over Oracle's high debt levels have led to a nearly 50% drop in its stock price since September, affecting its projects and causing related tech stocks and major indexes to decline. Asset manager Blue Owl Capital withdrew from Oracle's $10 billion data center project, raising fears of project delays, including those for OpenAI. Despite recent setbacks, Bank of America suggests the AI sector may still grow into 2026, though risks of a bubble remain.

Broadcom's Stock Decline Amid AI Margin Concerns Despite Earnings Beat
business2 months ago

Broadcom's Stock Decline Amid AI Margin Concerns Despite Earnings Beat

Broadcom reported strong quarterly earnings with revenue and EPS beating estimates, and maintained a bullish outlook, but its stock dropped 11% due to concerns over margin compression from rising AI-chip demand. Morgan Stanley reaffirmed its buy rating and increased its price target from $443 to $462, citing a strong long-term setup despite short-term volatility.

Qualcomm's Q4 Earnings Beat Expectations Amid Optimistic Outlook
business3 months ago

Qualcomm's Q4 Earnings Beat Expectations Amid Optimistic Outlook

Qualcomm is expected to report strong Q4 earnings with a potential dividend-based income strategy where investors could earn $500 monthly by investing approximately $291,235 in the stock, which offers a 2.06% dividend yield. The article discusses how dividend yields fluctuate with stock price changes and highlights recent stock price movements amid market volatility following a Fed rate cut.

Netflix Announces 10-for-1 Stock Split to Benefit Investors and Employees
business3 months ago

Netflix Announces 10-for-1 Stock Split to Benefit Investors and Employees

Netflix announced a 10-for-1 stock split, which doesn't change the total value of holdings but makes shares more accessible and potentially boosts investor interest. The company's strong financial growth, upcoming content releases, and strategic stock split are positive indicators for investors, though the split alone doesn't signal a buy. Overall, Netflix's robust performance and future prospects make it a compelling investment.