Latest news with #NASDAQ
Yahoo
2 hours ago
- Automotive
- Yahoo
Li Auto Just Slashed Its Forecast--But It's Betting Big on One Make-or-Break EV Launch
Li Auto (NASDAQ:LI), often seen as one of Teslas fiercest challengers in Chinas premium EV market, just dialed back its Q2 delivery guidanceby a lot. The company now expects to ship around 108,000 vehicles this quarter, down from its earlier estimate of 123,000128,000. The drop isnt due to slumping demand or production issues. Instead, management said it's the result of a temporary disruption as Li overhauls its internal sales systeman investment aimed at scaling more efficiently in the long run. Investors may not love the headline number, but this kind of short-term dip is sometimes the price of building for a bigger future. That future might arrive sooner than expected. The company is preparing for the launch of the Li i8, a new model that could redefine its product roadmap and kick off a fresh sales cycle. Executives say the internal restructuring should be done before the i8 hits the streetspositioning Li Auto to embrace the new product cycle with sharper execution and stronger organizational muscle. If the transition goes smoothly, Q3 could look very different. And for investors betting on execution during inflection points, this is the moment to watch. Since beginning volume production in late 2019, Li Auto has steadily built a portfolio of high-tech family EVsfrom the flagship Li MEGA MPV to the five- and six-seat L-series SUVs. Its one of the few players in China to successfully commercialize extended-range EVs while also building out full battery-electric platforms in parallel. While the Q2 miss isnt ideal, the long-term thesis might still hold: this is a company making bold bets on platform scale and product diversificationand taking its lumps now to set up a more competitive second half of 2025. This article first appeared on GuruFocus. 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
2 hours ago
- Business
- Yahoo
What Makes Cisco Systems, Inc. (CSCO) One of the Best Dividend Picks This Year
Cisco Systems, Inc. (NASDAQ:CSCO) is one of the Best Stocks to Buy for Dividends. Engineers using the latest Cisco TelePresence technology to collaborate with colleagues around the world. The company's business remains on solid footing. In March, it introduced its Webex AI agent designed for customer service applications, marking progress in its innovation efforts. Cisco Systems, Inc. (NASDAQ:CSCO) is also effectively managing expenses, with operating costs in fiscal Q3 of 2025 remaining flat compared to the previous year. A slight improvement in gross margin led to a healthy rise in operating income. While the company still generates much of its revenue from established areas like routing and switching, these segments provide a steady cash flow that supports its ongoing business transformation. Cisco Systems, Inc. (NASDAQ:CSCO) continues to return significant capital to shareholders, backed by strong free cash flow. The stock offers a 2.4% dividend yield and benefits from a newly approved $15 billion share buyback program. In the most recent quarter, the company generated $4.1 billion in operating cash flow, up 2% from the same period last year, and returned $3.1 billion to shareholders through dividends and repurchases. Cisco Systems, Inc. (NASDAQ:CSCO)'s acquisition strategy also supports its dividend outlook, especially when deals boost cash flow. A notable example is the company's 2024 acquisition of Splunk, which added about $1.4 billion to fiscal 2024 revenue. It currently offers a quarterly dividend of $0.41 per share. While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. 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
2 hours ago
- Business
- Yahoo
How PepsiCo Stays Ahead in Snacks and Beverages
PepsiCo, Inc. (NASDAQ:PEP) is one of the Best Wide Moat Dividend Stocks to Invest in. A close up of a glass of a refreshing carbonated beverage illustrating the company's different beverages. After years of weak growth caused by operational missteps and limited investment, PepsiCo, Inc. (NASDAQ:PEP)'s management has successfully turned things around, delivering steady gains in revenue and profits. However, the company still has more room to grow, supported by strong long-term trends in the snack industry, expansion into high-growth beverage segments like energy drinks, and increasing demand in emerging markets such as Latin America, Africa, and Asia-Pacific. Its integrated business model also helps it bring products to market more efficiently. PepsiCo, Inc. (NASDAQ:PEP) stays ahead of health and wellness trends by introducing zero-sugar and functional beverages and exploring unique flavors, including through its recent acquisition of Poppi. The company owns popular brands like Pepsi, Quaker Oats, and Aquafina, which are staples in grocery stores. Its sales generally remain steady even during economic downturns, giving it a solid advantage in navigating recessions. PepsiCo, Inc. (NASDAQ:PEP) also holds a strong dividend policy. The company has been rewarding shareholders with growing dividends for the past 53 consecutive years. Currently, it offers a quarterly dividend of $1.4225 per share and has a dividend yield of 4.34%, as of June 24. While we acknowledge the potential of PEP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Sign in to access your portfolio
Yahoo
4 hours ago
- Business
- Yahoo
Why GitLab Stock Jumped Nearly 4% Higher on Thursday
One analyst tracking the company got a preview of its new software suite. He was particularly impressed with its integration with artificial intelligence (AI) functionalities. 10 stocks we like better than GitLab › A new analyst note was the wind under the wings of GitLab (NASDAQ: GTLB) stock on Thursday. Shares of the software development and cybersecurity solutions provider ticked almost 4% higher on the day as a result. This rise was several orders of magnitude better than the S&P 500 index's sub-1% increase. The person behind the fresh analysis was William Blair's Jason Ader. In his newest GitLab note, Ader reiterated his confident outperform (read: buy) recommendation on the company's shares. According to reports, the analyst's update was something of a reaction to GitLab's latest software package release. Ader wrote that the company held a virtual launch of its GitLab 18, a suite he said features more than 30 improvements to functionalities of earlier products. The pundit went into some detail about GitLab 18, writing that a notable feature of the new software is its Duo Agent Platform. This allows the product's users to harness artificial intelligence (AI) agents across all aspects of the software development life cycle. These agents can assist with many tasks, including coding -- typically a time-consuming and laborious activity. While analyst buy recommendations frequently inspire investors to either hold or purchase a stock, I suspect this recommendation on its own isn't what drove GitLab's surge on Thursday. Rather, it's Ader's considerable dive into the AI aspect of GitLab 18. Investors are still very hungry to buy into this white-hot and rapidly developing technology, and GitLab is clearly embracing it strongly. Before you buy stock in GitLab, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and GitLab 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 $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% 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 June 23, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends GitLab. The Motley Fool has a disclosure policy. Why GitLab Stock Jumped Nearly 4% Higher on Thursday 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
Business Upturn
4 hours ago
- Business
- Business Upturn
PrimeEnergy Resources Corporation Announces Change in Independent Registered Public Accounting Firm
By GlobeNewswire Published on June 28, 2025, 02:50 IST HOUSTON, June 27, 2025 (GLOBE NEWSWIRE) — PrimeEnergy Resources Corporation (NASDAQ: PNRG, today announced that it has appointed Withum Smith+Brown, PC ('Withum') as the Company's independent registered public accounting firm, effective June 27, 2025. The decision to change auditors was recommended and approved by the Company's Audit Committee and the Board of Directors. PrimeEnergy Resources is an independent oil and natural gas company engaged in the acquisition, development, and production of hydrocarbons, primarily in Texas. The Company's common stock trades on the NASDAQ under the symbol PNRG. For investor inquiries, contact: Connie Ng – (713) 735-0000 ext. 6416 Forward-Looking Statements This Report contains forward-looking statements that are based on management's current expectations, estimates and projections. Words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes', 'projects' and 'estimates,' and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, and are subject to the safe harbors created thereby. These statements are not guarantees of future performance and involve risks and uncertainties and are based on a number of assumptions that could ultimately prove inaccurate and, therefore, there can be no assurance that they will prove to be accurate. Actual results and outcomes may vary materially from what is expressed or forecast in such statements due to various risks and uncertainties. These risks and uncertainties include, among other things, the possibility of drilling cost overruns and technical difficulties, volatility of oil and gas prices, competition, risks inherent in the Company's oil and gas operations, the inexact nature of interpretation of seismic and other geological and geophysical data, imprecision of reserve estimates, and the Company's ability to replace and expand oil and gas reserves. Accordingly, stockholders and potential investors are cautioned that certain events or circumstances could cause actual results to differ materially from those projected. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
