Latest news with #NASDAQ
Yahoo
5 minutes ago
- Business
- Yahoo
Elbit Systems Ltd. (ESLT) Secures $330M in Naval Defense Contracts
Elbit Systems Ltd. (NASDAQ:ESLT) has announced receiving several naval defense contracts from international customers, including NATO member states, with an aggregate value of $330 million. Pavel Vakhrushev/ These contracts cover a broad range of naval solutions, underscoring Elbit Systems Ltd. (NASDAQ:ESLT)'s growing role in strengthening the naval capabilities of customers worldwide. The award programs include the provision of electronic warfare solutions, advanced anti-submarine warfare systems, combat management systems, modernization and upgrade programs, and more. Elbit Systems Ltd. (NASDAQ:ESLT)'s naval portfolio continues to evolve amid robust demand for real-time intelligence, multi-domain integration, and resilient defense capabilities. The company's naval technologies are already in use by several countries worldwide. Bezhalel Machlis, President and CEO of Elbit Systems Ltd. (NASDAQ:ESLT), stated the following on the recent contract awards: "The maritime domain represents an important growth engine for Elbit Systems, combining our internally developed capabilities with the assets and expertise acquired through strategic acquisitions. These recent contract wins highlight the increasing recognition of our technological leadership and the strong confidence that leading naval forces place in our ability to deliver cutting-edge, mission-ready solutions that meet the demands of today's evolving operational landscape." The Israel-based defense technology company has seen its shares skyrocket by over 54% year-to-date, with high-value contracts such as these bolstering investor sentiment. It is one of the best performing stocks this year. While we acknowledge the potential of ESLT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ESLT and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. Disclosure: None.
Yahoo
8 minutes ago
- Business
- Yahoo
1 Profitable Stock with Solid Fundamentals and 2 to Approach with Caution
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn't mean it will thrive tomorrow. Profits are valuable, but they're not everything. At StockStory, we help you identify the companies that have real staying power. Keeping that in mind, here is one profitable company that balances growth and profitability and two best left off your watchlist. Trailing 12-Month GAAP Operating Margin: 5.1% Largely targeting the professional customer, Genuine Parts (NYSE:GPC) sells auto and industrial parts such as batteries, belts, bearings, and machine fluids. Why Does GPC Give Us Pause? Annual sales growth of 4.2% over the last six years lagged behind its consumer retail peers as its large revenue base made it difficult to generate incremental demand Lagging same-store sales over the past two years suggest it might have to change its pricing and marketing strategy to stimulate demand Day-to-day expenses have swelled relative to revenue over the last year as its operating margin fell by 2.1 percentage points Genuine Parts's stock price of $127.50 implies a valuation ratio of 15.3x forward P/E. To fully understand why you should be careful with GPC, check out our full research report (it's free). Trailing 12-Month GAAP Operating Margin: 5.6% Founded in 1929, Newmark (NASDAQ:NMRK) provides commercial real estate services, including leasing advisory, global corporate services, investment sales and capital markets, property and facilities management, valuation and advisory, and consulting. Why Do We Think NMRK Will Underperform? Lackluster 4.9% annual revenue growth over the last five years indicates the company is losing ground to competitors Cash-burning tendencies make us wonder if it can sustainably generate shareholder value Underwhelming 3.1% return on capital reflects management's difficulties in finding profitable growth opportunities At $11.04 per share, Newmark trades at 7.6x forward P/E. Read our free research report to see why you should think twice about including NMRK in your portfolio, it's free. Trailing 12-Month GAAP Operating Margin: 2.2% Founded in 1974, BrightSpring Health Services (NASDAQ:BTSG) offers home health care, hospice, neuro-rehabilitation, and pharmacy services. Why Is BTSG on Our Radar? Annual revenue growth of 20.9% over the last two years was superb and indicates its market share increased during this cycle Estimated revenue growth of 9.1% for the next 12 months implies its momentum over the last two years will continue Annual earnings per share growth of 6.9% over the last three years modestly outpaced its peers BrightSpring Health Services is trading at $23.21 per share, or 36.4x forward P/E. Is now a good time to buy? See for yourself in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Politics
- Yahoo
Nvidia and Dell to Supply Next US Department of Energy Supercomputer
The U.S. Department of Energy stated that NVIDIA Corporation (NASDAQ:NVDA)'s future Vera Rubin chips and Dell Technologies Inc. (NYSE:DELL)'s liquid-cooled servers would power its next supercomputer. A close-up of a colorful high-end graphics card being plugged in to a gaming computer. "Doudna" is scheduled to be deployed at Lawrence Berkeley National Laboratory in 2026. The technology, which bears the name of Nobel winner Jennifer Doudna, will assist 11,000 researchers in fields ranging from physics to biology. Chris Wright, the Secretary of Energy, underlined the system's contribution to national security and scientific advancement. Jensen Huang, the CEO of NVIDIA Corporation (NASDAQ:NVDA), stressed the importance of supercomputers as "vital instruments" for both defense and innovation. Doudna attributed her CRISPR discoveries to previous backing from the Energy Department. The system carries on the Department's history of nuclear weapons development and high-performance computing. The announcement comes after NVIDIA Corporation (NASDAQ:NVDA)'s operations in China came under political scrutiny. Senator Tom Cotton cautioned against evading export restrictions, pointing to national security threats associated with exporting AI chips to China, while Senators Banks and Warren expressed worries about a potential R&D center in Shanghai. While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29 minutes ago
- Health
- Yahoo
Illumina, Inc. (ILMN) Unveils AI Breakthrough for Rare Disease Diagnosis
Illumina, Inc. (NASDAQ:ILMN) has introduced PromoterAI, a breakthrough AI tool designed to detect disease-causing mutations in the noncoding promoter regions of the genome, areas often overlooked in clinical diagnostics. Featured in Science, the study shows PromoterAI could explain up to 6% of undiagnosed rare disease cases, potentially doubling diagnostic success when paired with existing AI tools. A research facility with medical professionals surrounded by diagnostic equipment. While most current diagnostics focus on protein-coding regions, PromoterAI analyzes promoter sequences, key regulators of gene activity, using deep learning. 'This opens new possibilities for patients who previously had no genetic answers,' said Dr. Kyle Farh, head of Illumina, Inc. (NASDAQ:ILMN)'s AI Lab. The tool joins Illumina, Inc. (NASDAQ:ILMN)'s AI portfolio, including SpliceAI and PrimateAI-3D, and integrates with its DRAGEN analysis system. It is freely available for academic research through Illumina Connected Software, offering precomputed scores to prioritize harmful mutations quickly. While we acknowledge the potential of ILMN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ILMN and that has 100x upside potential, check out our report about this READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29 minutes ago
- Business
- Yahoo
Why Cadence Design Systems Plunged Late in the Day Today
A late-day news article said the Trump administration had asked major EDA firms like Cadence to stop selling to China. China made up 12% of Cadence's revenue last year. The worst may have already been priced in, in the last hour of trading. 10 stocks we like better than Cadence Design Systems › Shares of electronic design automation company Cadence Design Systems (NASDAQ: CDNS) dropped late Wednesday, finishing the day down 10.4%. Cadence is just one of a handful of companies that makes the software semiconductor designers use to design chips. With the increasing variety of chips and number of chipmakers proliferating over the past decade, it has been an excellent business. However, a Financial Times article published late Wednesday said that the Trump administration may cut off these companies' Chinese revenues. Late on Wednesday, the Financial Times said the Trump administration's Commerce Department has instructed Cadence, along with its oligopoly competitors Synopsis and Siemens EDA, to stop selling their software to China. The past couple of presidential administrations have been grappling with how to slow China's advances in artificial intelligence (AI) technology, without hurting U.S.-based chipmakers that also sell into China's massive market. Past administrations have already cut off the most advanced semiconductor manufacturing equipment to China, but if the FT article is correct, it appears the Trump administration may be attempting to cut the leading chip design software technologies off as well. In its most recent annual report, Cadence stated that China made up about 12% of its revenue, down from 17% in the prior year. So, it's perhaps no wonder Cadence's stock is down by roughly the same percentage today. It's hard to draw conclusions from this late-day FT piece, but it appears that the market may already be pricing in a worst-case scenario already, given the sudden double-digit decline. That said, Cadence was an expensive stock to begin with, as shares were trading at 82 times trailing and 47 times forward earnings coming into the day. As is the case with most leading chipmakers and semiconductor-oriented names, these are generally high-quality businesses with strong growth outlooks on the back of the AI boom; however, that means they are also vulnerable to geopolitics. It makes for a volatile brew. That being said, Foolish investors shouldn't shy away from chip stocks, as semis have been the best-performing sector over the past decade. Before you buy stock in Cadence Design Systems, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cadence Design Systems wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,389!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $830,492!* Now, it's worth noting Stock Advisor's total average return is 982% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Billy Duberstein has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cadence Design Systems and Synopsys. The Motley Fool has a disclosure policy. Why Cadence Design Systems Plunged Late in the Day Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
