Is Kroger a Stock to Recession-Proof Your Portfolio?

Shares of Pony AI (NASDAQ: PONY) surged 112% in May, driven by partnerships with Uber and Tencent Holdings as the company aims to advance self-driving technology in the Chinese market. Despite a market cap of $4.67 billion, Pony AI faces significant operating losses and minimal sales, yet investors are optimistic about its potential in sectors like robotaxis and ridesharing. The collaboration with Uber is expected to facilitate technology deployment in the Middle East, while Tencent...

On Wednesday, Alibaba's stock (NYSE: BABA) saw a nearly 4% increase in response to positive internal company data regarding the lively performance of this year's 618 shopping festival in China. This event, initiated by JD.com to celebrate its founding date, has been embraced by other major retailers, including Alibaba, who offer extensive deals and discounts to shoppers during this period. In contrast, the S&P 500 (SNPINDEX: ^GSPC) remained relatively flat, highlighting the significance of Alibaba's...

Amazon's Investment in AI InfrastructureAmazon (AMZN) is significantly increasing its investment in North Carolina, committing $10 billion to enhance AI infrastructure for Amazon Web Services’ data center supply chain. This decision is driven by the rising demand for compute power linked to generative AI technologies. The investment reflects Amazon's strategy to strengthen its position in the evolving AI landscape. Full Article

Rev Group Surpasses Analyst ExpectationsSpecialty vehicle manufacturer Rev Group (NYSE: REVG) exceeded quarterly analyst expectations, primarily driven by robust demand for its firefighting vehicles, resulting in a 14% increase in share value as of 10:30 a.m. ET. The company reported earnings of $0.70 per share for its fiscal second quarter ending April 30, along with revenue of $629.1 million, surpassing Wall Street's consensus estimate of $0.57 per share on revenue of $603 million. Rev Group...

Research indicates that happy workers tend to stay at their jobs longer, resulting in cost savings for companies by reducing the need for hiring and training new employees. According to Owl Labs' 2017 study, companies offering remote work options experience 25% less turnover, with 56% of global companies providing some form of remote work, including 40% with hybrid models and 16% fully remote setups, while 44% still require office attendance. This trend highlights the increasing...

Investing can seem daunting due to its jargon, but beginners should remember they are buying a stake in a business, ideally at a fair price for a company with growth potential. Conducting research is crucial, as predicting the future is challenging. Ulta Beauty (NASDAQ: ULTA) is highlighted as a growing company with a reasonable valuation, and new investors can start with a modest amount of money. Full Article