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Cisco returns to revenue growth from AI orders
Cisco (NASDAQ: CSCO) is benefiting from the surge in investments in artificial intelligence, as its chips power artificial intelligence used in massive data centers. The tech company reported four consecutive quarters of growth in its revenue, partly from more demand from the construction of data centers and other infrastructure builders from the “Magnificent Seven.” Cisco […]
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Crown Holdings expansion in Europe reaping rewards
The European operations of Crown Holdings (NYSE: CCK) continue to expand, boosting the margins of the metal packaging manufacturer, known for providing cans to carbonated drink and beer companies. Shipments in Europe rose by 12% during the third quarter, with operations providing a 27% jump in income during the summer months as consumers traveled to […]
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Wayfair builds furniture powerhouse
Wayfair (NYSE: W), the largest U.S. online furniture retailer, is bucking its industry’s slump, helped by shrewd marketing and cost discipline. The company, founded in 2002, posted an 8.1% revenue increase to $3.1 billion in the third quarter from a year earlier. It suffered a net loss of $99 million. But adjusted EBITDA (earnings before […]
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CVS Health: On the Road to Recovery
CVS Health (NYSE: CVS), the largest U.S. pharmacy chain, has taken big steps toward financial recovery in 2025 and has seen its stock soar 76% year to date as a result. But the prognosis from here isn’t clear. And keep in mind that even with this year’s surge, the stock is still down 21% combined […]
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Tower of Power: American Tower looks set for more growth
Most of us probably haven’t thought much about the possibility of investing in cellphone towers. But they can provide steady revenue, acting as toll collectors for data transmission, much like oil pipelines in the energy business. Antennas on the towers transmit data and voice signals for telecommunications carriers such as AT&T (NYSE: T), Verizon (NYSE: […]
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Boston Scientific’s acquisitions are paying off
For over a decade, medical device company Boston Scientific (NYSE: BSX) went on an acquisition spree, buying up dozens of companies that manufactured technologies for cardiovascular disease, vascular disorders, oncology, and neurology to bulk up its offerings. The strategy to invest heavily in mergers and acquisitions is starting to pay off, as Americans are living […]