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Vertiv Shares Surge 6% Amid Volatile Week, Nearing 50x Earnings
Vertiv (VRT) closed up 6.1% for the week at $318.86, with shares swinging 18% between a low of $287.11 and a high of $338.88.
Oregon Withdraws Bid to Delay Paramount-Warner Bros. Deal; Spread Widens to 16.6%
Oregon has withdrawn its motion to delay the Paramount-Warner Bros. deal, but the state's broader lawsuit continues. WBD shares closed at $26.59, with a 16.6% spread to the $31 offer.
RTX Wins £2B UK Army Training Contract; Revenue Lift Seen as Modest
RTX (NYSE:RTX) shares ticked up 0.37% to $195.93 after Raytheon UK won a £2 billion contract to train the British Army. The 15-year deal, shared among five firms, may add roughly $178.7 million per year, a modest 0.19% of 2026 adjusted sales.
Altria's Dividend Yield Narrows as CPI Test Looms
Altria's dividend yield premium over Treasuries shrinks as inflation data looms, testing the stock's income appeal.
McDonald's Stock Hovers Near 52-Week Low as Inflation Data Looms
McDonald's shares near a 52-week low amid inflation concerns and a narrowing dividend yield gap versus Treasuries. Upcoming CPI and retail sales data could determine the stock's direction.
Boeing Sheds $9.7B in Value Ahead of Potential 102-Jet Order
Boeing wiped out $9.7 billion in market value last week as shares fell 1.9%. All eyes are on June delivery numbers and a possible 102-jet order from PAL Holdings.
Cisco Surges 7.6% in a Week but Arista Doubles Its Gains
Cisco shares climbed 7.6% in the week through July 10, contributing 51 points to the Dow, but Arista Networks outpaced it with a 16.9% gain.
Chevron Stock Rises 4% This Week Despite 54% Drop in Annual Gas Deal Volume
Chevron shares rose 4.3% this week, but a new gas deal with Alinta Energy reveals a 54% drop in annual volume. The stock outperformed the market and peers.
JPMorgan Nears 52-Week High Ahead of Q2 Earnings Test
JPMorgan Chase (NYSE: JPM) ended Friday at $336.47, within 2% of its 52-week high, with Q2 earnings due Tuesday. The stock needs to show strong capital-markets revenue and stable credit to break above the June peak.
Coke's Market Cap Lead Over Pepsi Balloons to $172 Billion
Coca-Cola's market cap lead over PepsiCo grew to $172 billion as Pepsi shares fell more sharply. KO stock held up better ahead of its July 28 earnings report.
Broadcom Surges $188B on $30B Apple Chip Deal, Outpacing Apple's Gain
Apple stock gained 2.2% after a $30B chip deal with Broadcom, but Broadcom surged 11%, adding $188B in market value—nearly double Apple's $98B gain.