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Jabil beats Q1 estimates, cites data infrastructure demand

Circuit board designer Jabil (JBL) is seeing a stock boost after reporting earnings on Wednesday, noting strong demand for data center infrastructure. A supplier for Apple (AAPL), the company surpassed its fiscal first quarter revenue and profit expectations with shares jumping by over 8.5% this morning. The Florida-based company also reported growth in its artificial intelligence technologies and demand for AI infrastructure. In the video above, Yahoo Finance hosts Brad Smith and Madison Mills give more insight on Jabil's latest earnings print and AI demand. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Josh Lynch.

Yahoo Finance Video 25 minutes ago

JBL
Oklo strikes nuclear power deal with Switch, stock jumps

Oklo (OKLO) stock is rising Wednesday following the company's announcement of a strategic partnership with data center operator Switch. The nuclear power deal involves Oklo developing 12 gigawatts of advanced nuclear power to supply Switch's facilities across the United States through 2044. Yahoo Finance anchors Madison Mills and Brad Smith dive into the details. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

OKLO
Honda and Nissan weigh a possible merger: Nissan stock surges

Honda (HMC, 7267.T) and Nissan (NSANY, 7201.T) are considering a potential merger that would create the third-largest automaker in the world. Yahoo Finance Senior Autos Reporter Pras Subramanian sits down with Brad Smith and Madison Mills on Morning Brief to break down what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 3 hours ago

NSANF

NSANY

HMC
Trump weighs eliminating EV tax credit. What it means for the auto industry.

According to a new Reuters report, President-elect Donald Trump is expected to eliminate the electric vehicle (EV) tax credit. His administration is also considering rolling back investments in EV infrastructure, including charging stations and battery development. AutoGuide Editorial Director Greg Migliore joins Wealth! to analyze these potential changes. Migliore suggests that eliminating the EV tax credit could cause EV demand to "take a hit" as increased costs shift to consumers. He predicts this policy change might boost demand for hybrid and traditional gas-powered vehicles. When asked about automakers best positioned to weather these potential changes, Migliore identifies General Motors (GM), Ford (F), Hyundai (HYMTF), Toyota (TM), and Honda (HMC). He points to their diverse vehicle lineups spanning both EVs and conventional gas-powered options across various price points. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 19 hours ago

F

NKLA

TM
What's Going On With Viking Therapeutics Stock On Wednesday?

On Wednesday, Merck & Co Inc (NYSE:MRK) and Hansoh Pharma, a Chinese biopharmaceutical company, entered into an exclusive global license agreement for HS-10535, an investigational preclinical oral small molecule GLP-1 receptor agonist. Under the agreement, Hansoh Pharma has granted Merck an exclusive global license to develop, manufacture, and commercialize HS-10535. Hansoh Pharma will receive an upfront payment of $112 million and is eligible to receive up to $1.9 billion in milestone payments

Benzinga 4 minutes ago

VKTX

MRK
Year in Review: The Worst Dow Stock of 2024

Options bulls have not given up hope on BA, though

Schaeffer's Investment Research 18 minutes ago

BA
Stranded NASA Astronauts Will Be Stuck in Space a Little Longer

The astronauts’ return date was pushed back again, after what was supposed to be a dayslong trip stretched into months.

The Wall Street Journal 26 minutes ago

BA
BNPL lender Sezzle plunges as short-seller Hindenburg Research takes aim

Sezzle's stock, which has gained over 1,000% so far this year, fell as much as 28.6% to $225 earlier in the session, before paring some losses. "Our findings show Sezzle is borrowing expensive capital to make extremely risky loans through a struggling platform that is rapidly losing customers and merchants," the short seller said. Sezzle did not immediately respond to a Reuters request for comment.

Reuters 37 minutes ago

SEZL
These Stocks Are Moving the Most Today: Tesla, Nvidia, Honda, Nissan, Micron, Jabil, Worthington, Netgear, and More

Tesla stock slips after closing at another record high, Nvidia shares bounce back, and Honda and Nissan confirm they are exploring a merger or other future collaboration. Micron reports quarterly earnings Wednesday.

Barrons.com 44 minutes ago

HMC

HEI-A

NVDA
Top Stock Movers Now: Jabil, Nvidia, General Mills, and More

U.S. equities gained at midday ahead of what's expected to be the announcement of another interest-rate cut from the Federal Reserve.

Investopedia 47 minutes ago

GIS

NVDA

JBL
Stock Market Today: Indexes Up Quietly On Fed Decision Day; Jabil Breaks Out But This Leader Triggers Sell Signal (Live Coverage)

Some leaders showed strong, robust movement as indexes traded mildly ahead of the Fed Reserve's decision on interest rates.

Investor's Business Daily 50 minutes ago

BIRK

NTGR

JBL
Is General Mills, Inc. (GIS) the Best Cash-Rich Dividend Stock to Invest In Now?

We recently compiled a list of the 8 Cash-Rich Dividend Stocks To Invest In Now. In this article, we are going to take a look at where General Mills, Inc. (NYSE:GIS) stands against the other cash-rich dividend stocks. Cash remains a critical asset, as companies with strong cash reserves tend to attract investors regardless of the […]

Insider Monkey 51 minutes ago

GIS
Nissan and Honda Discuss Potential Merger to Form World's Third-Largest Automaker

Market Reacts as Foxconn Shows Interest in Acquiring Stake in Nissan Amid Merger Talks

GuruFocus.com 1 hour ago

NSANY

HMC
Top Midday Stories: General Mills Lowers Adjusted EPS Guidance; Merck Strikes Licensing Deal With Chinese Drugmaker to Develop Weight-Loss Pill

All three major US stock indexes were up around midday trading on Wednesday ahead of the Federal Res

PREMIUM
MT Newswires 1 hour ago

GNTX

GIS

LEN-B
General Mills Stock Falls as Earnings Outlook Is Lowered

General Mills stock tumbled on Wednesday after the packaged-food company reported better-than-expected earnings but lowered outlook. For its fiscal second quarter ended Nov. 24, General Mills reported net sales of $5.2 billion, a 2% increase from the prior year that narrowly beat the FactSet consensus estimate of $5.1 billion. Adjusted earnings of $1.40 a share topped expectations of $1.22.

Barrons.com 1 hour ago

GIS
Sezzle down 11% after Hindenburg says short on stock

Investing.com -- Shares of Sezzle Inc (NASDAQ:SEZL) tumbled 15% on Wednesday after short-seller Hindenburg Research disclosed it was short on the “Buy Now, Pay Later” company, accusing it of risky lending practices and misleading investors.

Investing.com 1 hour ago

SEZL
RYAAY's EPS Estimates Northbound: Time to Buy the Stock?

With earnings estimates soaring high, we are currently assessing the investment potential of Ryanair stock.

Zacks 1 hour ago

RYAAY

BA
General Mills Crumbles: Why Investors Are Bailing Despite a Stellar Quarter

Profit cuts and spending spikes send shockwaves through General Mills stock--here's what it means for your portfolio.

GuruFocus.com 1 hour ago

GIS
Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday

Shares of Jabil (JBL) advanced intraday Wednesday after the manufacturing solutions provider reporte

PREMIUM
MT Newswires 2 hours ago

JBL
Jabil Stock Soars on Circuit Board Maker's Q1 Results, Raised Outlook

Jabil exceeded profit and sales estimates in the first quarter since announcing a restructuring.

Investopedia 2 hours ago

JBL

Performance Overview

Return	1777.HK	HANG SENG INDEX
YTD	+96.43%	+16.53%
1-Year	+86.44%	+18.30%
3-Year	-65.08%	-14.35%

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Related News

Jabil beats Q1 estimates, cites data infrastructure demand

Oklo strikes nuclear power deal with Switch, stock jumps

Honda and Nissan weigh a possible merger: Nissan stock surges

Trump weighs eliminating EV tax credit. What it means for the auto industry.

What's Going On With Viking Therapeutics Stock On Wednesday?

Year in Review: The Worst Dow Stock of 2024

Stranded NASA Astronauts Will Be Stuck in Space a Little Longer

BNPL lender Sezzle plunges as short-seller Hindenburg Research takes aim

These Stocks Are Moving the Most Today: Tesla, Nvidia, Honda, Nissan, Micron, Jabil, Worthington, Netgear, and More

Top Stock Movers Now: Jabil, Nvidia, General Mills, and More

Stock Market Today: Indexes Up Quietly On Fed Decision Day; Jabil Breaks Out But This Leader Triggers Sell Signal (Live Coverage)

Is General Mills, Inc. (GIS) the Best Cash-Rich Dividend Stock to Invest In Now?

Nissan and Honda Discuss Potential Merger to Form World's Third-Largest Automaker

Top Midday Stories: General Mills Lowers Adjusted EPS Guidance; Merck Strikes Licensing Deal With Chinese Drugmaker to Develop Weight-Loss Pill

General Mills Stock Falls as Earnings Outlook Is Lowered

Sezzle down 11% after Hindenburg says short on stock

RYAAY's EPS Estimates Northbound: Time to Buy the Stock?

General Mills Crumbles: Why Investors Are Bailing Despite a Stellar Quarter

Jabil Beats First-Quarter Views, Lifts Full-Year Outlook; Shares Rise Intraday

Jabil Stock Soars on Circuit Board Maker's Q1 Results, Raised Outlook

Performance Overview