U.S. IT Stock News

Earlier this month, Meta Platforms' board declared a quarterly cash dividend of US$0.525 per share for both Class A and Class B stock, payable on September 29, 2025, after record date September 22, 2025. Meta is simultaneously investing heavily in artificial intelligence, with CEO Mark Zuckerberg stating that company-wide AI spending could surpass US$600 billion through 2028 if development trends persist. We’ll explore how Meta’s multibillion-dollar AI investment plans could reshape its...

In the past week, Molina Healthcare saw increased investor interest after UnitedHealth reported strong business operations, leading to a rise in sector confidence for managed healthcare companies. This surge reflects how updates from key industry leaders can influence perceptions of stability and future prospects for the entire healthcare insurance sector, including Molina. We'll explore how renewed optimism across managed healthcare, spurred by UnitedHealth's positive business update, may...

Elevation Point recently announced a strategic collaboration with Goldman Sachs to provide its partner firms access to Goldman Sachs' banking, lending, trading, asset management, and capital markets capabilities, while also expanding their existing agreement for custody solutions. This partnership highlights Goldman Sachs' continued efforts to offer enhanced open-architecture investment solutions and bolster its presence in the independent advisory and custody space, tailored to the needs of...

Earlier this week, BWX Technologies announced the appointment of Rik Geiersbach, an executive with three decades of experience in strategy and corporate development at Boeing and Northrop Grumman, as its new chief strategy officer reporting to President and CEO Rex Geveden. Geiersbach’s extensive background in developing growth strategies within the defense and aerospace sectors could bring fresh opportunities and renewed focus to BWX Technologies’ diversification and expansion plans. We’ll...

In recent weeks, Western Digital announced a $2 billion share buyback program and quarterly dividend, alongside reporting improved earnings estimates and robust demand for its AI-driven storage solutions. The company's visibility into future demand, supported by long-term agreements with major hyperscale customers and stable pricing, stands out as a significant factor supporting its operational outlook. We'll assess how Western Digital's commitment to shareholder returns and AI-focused...

Earlier this month, Norton announced enhancements to its Small Business offering, introducing expanded Dark Web Monitoring and new Social Media Monitoring features that provide rapid alerts on compromised business data and social platform threats. This update comes as industry data shows breach attacks on small businesses rose by over 50% in 2025, reflecting a critical need for proactive cyber protection tools tailored to smaller enterprises. We'll explore how the launch of advanced...

Earlier this month, Gaming Corps AB announced a global distribution agreement with Light & Wonder, enabling Gaming Corps’ complete suite of casino, crash, mine, table, Plinko, and Smash4Cash games to be offered through Light & Wonder's extensive iGaming marketplace across over 38 regulated jurisdictions. This partnership provides Gaming Corps with access to a network of online casinos representing over 6,700 titles and five billion monthly game rounds, underlining Light & Wonder’s reach and...

Solaris Energy Infrastructure (NYSE:SEI) is grabbing attention after announcing its acquisition of HVMVLV, a move designed to accelerate its Power-as-a-Service business. By keeping HVMVLV’s management on board, Solaris aims to bank on their technical expertise and strengthen its offering as data center operators race to secure reliable, distributed power. This news closely follows Solaris’s strong Q2 2025 earnings and an affirmed dividend, both of which point to steady fundamentals and...

Earlier this week, NewAmsterdam Pharma announced that the European Medicines Agency has validated its Marketing Authorization Applications for obicetrapib, both as a 10 mg monotherapy and a combination with ezetimibe, and reported promising BROADWAY trial data showing reduction of Alzheimer's biomarkers. These developments highlight obicetrapib's expanding clinical potential, especially with encouraging signs for Alzheimer’s disease treatment emerging alongside its application in...

If you have been watching Hut 8 (NasdaqGS:HUT), you probably noticed the recent flurry of headlines, and for good reason. The company’s announcement of its expansion into four new sites across the US has caught the attention of many investors, especially as this move boosts their digital infrastructure capacity and strengthens their shift toward AI and high-performance computing. In addition, their presence at the H.C. Wainwright Global Investment Conference signals that Hut 8 wants to make a...

The spotlight is on Provident Financial Services (PFS) after the company delivered quarterly results that came in ahead of expectations, featuring record revenues and a significant boost in net interest income. Management’s focus on both loan growth and keeping costs in check resulted in improved profit margins. This has caught the eye of investors seeking positive surprises in the banking sector. While an insider sale by a director recently made headlines, it is the strong underlying...

PagerDuty, Inc. announced the appointment of Todd McNabb as Chief Revenue Officer and reported its second quarter earnings, showing positive net income and increased revenue, along with updated guidance for the rest of fiscal 2026. An important detail is that the company achieved profitability in the quarter and hired an executive with extensive experience in driving revenue growth across enterprise organizations. We'll explore how PagerDuty's recent return to profitability and leadership...

Orchid Island Capital (ORC) has attracted some attention lately, and if you are wondering what is driving the moves, you are not alone. While there has not been a single headline-grabbing event, the subtle shifts in trading and sentiment have investors reconsidering the company’s valuation in a changing interest rate environment. With market participants keeping a close eye on mREITs, even relatively modest moves in Orchid Island Capital can be worth a second look for those weighing...

Wheels Up Experience (NYSE:UP) has just put its cards on the table, rolling out decisive changes that should be on every investor’s radar. The company announced a sweeping transformation by launching a premium Signature Membership program designed for high-value clients, divesting three non-core service businesses, reshaping its executive team, and following up with layoffs to tighten cost controls. These moves all point to a leadership team eager to reshape Wheels Up into a leaner, more...

Earlier this year, Bloom Energy announced plans to double its manufacturing capacity to 2 gigawatts by 2026, supported by a major supply order with MTAR Technologies and an agreement to provide on-site power to Oracle’s data center operations. The collaboration with Oracle underscores the growing importance of reliable, clean energy solutions for data centers amid accelerating AI and cloud service expansion. We'll assess how Bloom Energy's expanded role in powering high-demand AI data...

Rambus recently reported record product revenue, underpinned by robust demand for its memory interface chip business and a breakthrough in semiconductor technology. Investor confidence has also been shaped by an industry analyst upgrade and active insider selling reported among key company directors. Next, we'll explore how surging demand for DDR5 memory products may influence Rambus's long-term earnings outlook and sector positioning. The latest GPUs need a type of rare earth metal called...

The Toro Company recently reported its third quarter 2025 financial results, revealing a year-over-year decline in both sales and net income, and also updated its full-year outlook to the lower end of previous guidance ranges, citing macroeconomic challenges, homeowner caution, and anticipated tariff impacts. This update reflects continued headwinds in Toro’s residential segment, but ongoing stable demand from its professional golf and underground construction businesses remains a partial...

If you have been tracking Perimeter Solutions (NYSE:PRM) lately, you probably noticed headlines about the company’s new five-year agreement with the USDA. This is not just another contract; it marks a major step forward in wildfire response nationwide. The deal includes converting all federal operations to Perimeter’s powder retardant, infrastructure upgrades at tanker bases, and a full shift to Perimeter’s service model. This change is expected to lock in over $150 million in savings for...

If you’ve been watching NextDecade lately, you know this stock can make for a tricky decision. Is now the time to buy in, hang tight, or move on? Investors have already felt some whiplash, with shares down 36% just this past week and shedding nearly 30% over the last month. Year-to-date, NextDecade is still in the red, off 17.6%. However, despite the turbulence, the stock is up 40.2% over the last year and has shown a similar gain over the past five years. Those rapid swings are not happening...

UGI (UGI) is once again on investors’ radar after the Pennsylvania Public Utility Commission approved a new settlement on natural gas rates. The increase, set to take effect October 28, is noticeably smaller than what UGI originally requested. Not only does the deal raise bills for customers, but it also calls for UGI to enhance its customer assistance and safety programs. These moves hint at longer-term stability and possible operational tailwinds. If you have been following UGI, you know...

If you’ve been eyeing FIGS (NYSE:FIGS) lately, the latest developments probably made you sit up and take notice. The medical apparel company’s shares took a 3% dip in the morning after a recent run-up, as investors appeared to be locking in gains following a stretch of upbeat trading. This reaction followed FIGS’ second-quarter results, which easily topped revenue and earnings projections, and coincided with market chatter about a potential Federal Reserve interest rate cut. With stronger...

Veeva Systems recently announced that Gilead Sciences has selected its Vault CRM, which is part of the Vault suite providing commercial execution capabilities enhanced by multiple AI agents for process efficiency. This agreement with a leading pharmaceutical company showcases growing demand for Veeva's AI-driven commercial software among top industry players. We'll explore how securing Gilead as a Vault CRM client may shape Veeva's investment narrative and future commercial...

If you are watching Dillard's (DDS) right now, you know the stock has been catching some serious attention. The spark? An uptick in momentum, powered by a wave of upward earnings estimate revisions and an endorsement from a major analyst rating service. These developments have put Dillard's in the spotlight, raising the question of what the future might hold for those considering whether to buy, hold, or cash out. This renewed optimism comes at a time when Dillard's shares have surged over...

On September 5, 2025, Lumentum Holdings completed a US$1.1 billion convertible senior unsecured note offering with a 0.375% fixed coupon, due in March 2032 under Rule 144A. This sizeable convertible debt issuance not only provides substantial capital but also introduces potential future equity dilution and balance sheet impacts for Lumentum Holdings. We'll examine how this large convertible note issuance could influence Lumentum's growth outlook and future capital structure. AI is about to...