Manufacturing

Water stocks are under pressure, but companies and ETFs in the industry look like long-term winners.

Tuesday, Xylem reported earnings per share of $1.12 from sales of $2.1 billion. Wall Street was looking for earnings per share of $1.08 from sales of $2.1 billion.

Peloton shares are advancing after the company announced a partnership with Spotify Technology.

Qualcomm is trading higher after a tech supply chain analyst says OpenAI is working with the chip maker to develop smartphone processors.

Ferguson Enterprises can gain 25% over the next 12 to 18 months.

Intel surged after the chip maker posted solid first-quarter results, sending shares of industry peers higher, as well.

Shares of QXO have tumbled nearly 15% this week, following news that the company planned to buy insulation distributor and installer TopBuild for $17 billion.

Newmont stock is rising after the gold mining giant reported better-than-expected first-quarter earnings and revenue for the sixth consecutive quarter.

Tesla shares fall after the EV maker raises its capital spending guidance, while ServiceNow plunges after so-so first-quarter earnings.

The chemicals company reported a first-quarter per-share loss of 14 cents from sales of $9.8 billion. Wall Street was looking for a 29-cent loss from sales of $9.7 billion.

Earnings per share for the fiscal third quarter were $1.47, besting Wall Street’s consensus estimate of $1.36, and up from $1.04 last year.

TE Connectivity reported fiscal second-quarter earnings per share of $2.73 from sales of $4.7 billion.

GE Vernova’s gains have been nothing short of incredible. It just hit an unexpected milestone.

Masco stock is near the top of the S&P 500 on Wednesday after the home improvement company beat expectations for first-quarter earnings.

Tractor Supply stock dropped 12% to $39.57 on Tuesday, leading S&P 500 decliners.

Growth has returned slowly for 3M, but beating earnings estimates hasn’t always helped the stock. Here are two challenges to watch for.

Amazon stock rises after the e-commerce and cloud computing giant pledges to invest $5 billion in Anthropic.

RTX reported first-quarter earnings per share of $1.78, up 21% year over year, from sales of $$22.1 billion, up 9% year over year. Wall Street was looking for earnings per share of $1.51 and sales of $21.5 billion, respectively.

Monday, Well Fargo analyst Jerry Revich raised his Cat price target by 10% to $960 from $870. He kept his Buy rating on the stock.

Steel Dynamics reports earnings per share of $2.78 from sales of $5.2 billion. Wall Street was looking for earnings per share of $2.78 from sales of $5.1 billion.

The rare earths company announced a deal to acquire Brazilian mining company Serra Verde Group for about $2.8 billion.

QXO stock is down and TopBuild is up on the acquisition. The combined value of both companies has increased by $1 billion.

The steel maker reported first-quarter Ebitda of $95 million, including an $80 million one‑time energy cost impact. Wall Street was looking for Ebitda of about $92 million.

AST SpaceMobile shares tumble after a major setback for the satellite maker, and Fermi sinks following the departure of its CEO.

Nexstar will appeal merger ruling, AST SpaceMobile satellite launch fails, Berkshire Hathaway is unloading stocks, and more news to start your day.