Electric vehicle (EV) manufacturer Rivian has commenced the construction of its new production facility outside Social Circle in the US state of Georgia. The site is designated for the assembly of Rivian's next-generation vehicles, including the R2 SUV and R3 crossover. It is expected to create jobs, with projections indicating 7,500 positions by 2030 and an additional 2,000 roles during the construction phase. The initial phase of the plant's construction is scheduled to start in 2026, with the product ...

Intuit Inc. (NASDAQ:INTU), the maker of TurboTax, Credit Karma, QuickBooks, and Mailchimp, on Thursday reaffirmed its outlook for the first quarter and full fiscal year 2026 at its Investor Day event in Mountain View, California. Intuit reiterated its first-quarter and full-year fiscal 2026 guidance, in line with forecasts issued on Aug. 21, 2025. The company expects full-year 2026 revenue between $20.997 billion and $21.186 billion, an increase of about 12% to 13%. GAAP operating income is projected at $ ...

Novo Nordisk A/S NVO looks ready to shake off its slump. With weight-loss pills showing blockbuster results, Ozempic proving heart-healthy benefits, and analysts flipping bullish, the stock is starting to resemble UnitedHealth Group Inc.'s UNH rebound playbook.Obesity & Heart Health: Novo's Data SurgeNovo's oral semaglutide 25 mg pill (same molecule as Wegovy) delivered 16.6% average weight loss in people with obesity, with one in three study participants losing 20% or more of their body weight. Improvement ...

PresentationI would now like to hand the conference over to your speaker today, Dan Kobell, EVP Finance. Please go ahead.Good day, and thank you for standing by. Welcome to Radian's conference call to discuss the acquisition of Inigo. [Operator Instructions] Please be advised that today's conference is being recorded.Dan KobellExecutive Vice President of Capital Management & Investor Relations Good morning. Thank you for joining us today to discuss the announcement of our agreement to acquire Inigo. Today, ...

Quantum stocks boomed on Wednesday, driven higher by acquisitions, analyst coverage and investor optimism.  After the closing bell, a major government partnership was announced, sending the hot sector even higher. Here's a look at what ‘s driving quantum stocks now. IONQ stock is hitting new highs. See the real-time price action here. IonQ CatalystsIonQ Inc. IONQ announced on Wednesday that it completed the acquisition of Oxford Ionics and entered into a definitive agreement to acquire quantum sensor compan ...

Credit Cards: South Korean credit card company Lotte Card, controlled by private equity fund MBK, said that the personal data of 2.97 million customers has been leaked as a result of a hacking attack, reported Reuters. Lotte Card was set up in Dec 2002 as a technical and business company licensed by American Express and Lotte Department Store, its Wikipedia page shows.Among the credit card customers who had been affected, some 280,000 had sensitive data leaked that could be abused for card fraud, Lotte Card ...

Microsoft Corporation (NASDAQ:MSFT) is among the 15 Stocks ChatGPT Predicts Could Make You Wealthy in 5 Years. Last week, the European Commission (EC) accepted the company’s proposed commitments to address EU competition concerns related to the integration of Teams with M365 and Office 365 suites. EC Approves Microsoft Corporation (MSFT)’s Commitments Over Teams Integration Concerns Image by Tawanda Razika from Pixabay The commitments, which will be legally binding under the EU antitrust rules, address ...

Key Takeaways DRI posted Q1 EPS of $1.97, below estimates, though sales rose 10.4% to $3.04B. Same-restaurant sales grew 4.7%, led by Olive Garden and LongHorn Steakhouse gains. For fiscal 2026, DRI raised sales growth outlook to 7.5-8.5% and sees up to 65 new restaurants. Darden Restaurants, Inc. ((DRI) reported first-quarter fiscal 2026 results, with earnings missing the Zacks Consensus Estimate, but revenues beat the same. Following the results, the stock declined 8% in today’s pre-market trading session ...

The U.S. Federal Reserve just did exactly what Wall Street expected in the short term: cut rates by 25 basis points and projected two more cuts by year’s end. At first glance, a rate cut should have fueled a rally – but the Fed’s forward guidance flipped the moodMarkets had been pricing in two or three cuts in 2026 – but the central bank only penciled in one. It also revised 2026 GDP expectations higher, called for steady unemployment levels, and nudged inflation estimates upward.In other words, the Fed is ...

Intel Corp (NASDAQ:INTC) stock is up 26.4% to trade at $31.46 at last glance, following news that sector peer Nvidia (NVDA) will invest $5 billion in the chipmaker to collaborate on the development of PC and data center chips. INTC is on track for its biggest single-day percentage gain on record, while pacing for its third daily gain in four. Now sporting a 55.8% year-over-year lead, the equity earlier hit a fresh 52-week peak of $31.79, bouncing off a floor at $24 that came into place in late August.The op ...