Financial Performance

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Business

New Jersey Resources Beats the Freeze, Raises Outlook on Energy Services Strength

New Jersey Resources (NJR) has raised its full-year earnings guidance following a robust first-quarter performance, where its diversified portfolio, particularly the Energy Services unit, capitalized on market volatility during a severe cold snap. Management reaffirmed its long-term, utility-anchored growth strategy and detailed expansion plans across its storage, transportation, and clean energy ventures.

Business

Invesco's 50% Surge: A Valuation Reality Check for the Asset Manager

Shares of Invesco Ltd. (IVZ) have delivered a stellar 50% return over the past year, dramatically outpacing its longer-term performance. This rally prompts a critical question: has the stock run too far, too fast? A deep dive into key valuation metrics reveals a complex and potentially overextended picture.

Business

Lam Research Forges Strategic Alliance with CEA Leti, Bolsters Leadership Amid Surging AI Chip Demand

Semiconductor equipment giant Lam Research announces a multi-year R&D partnership with French research institute CEA Leti to pioneer next-generation chip technologies for AI and high-performance computing. The move coincides with key leadership changes, including the appointment of Cadence CEO Dr. Anirudh Devgan to its board, signaling a strategic push to integrate design and manufacturing.

Business

Waymo Secures $16B at $126B Valuation, Navigating Growth Amid Safety Scrutiny

The autonomous vehicle leader Waymo has catapulted to a $126 billion valuation after a massive $16 billion funding round, marking its transition from a moonshot project to a commercial-scale operation. Yet, this financial milestone arrives as the company faces intensified regulatory pressure following a series of incidents involving its robotaxis and school buses.