A power outage in San Francisco on Sunday evening left 4,172 PG&E customers without electricity due to a broken jumper. The outage, which primarily affected the Outer Sunset and Parkside neighborhoods, began at 6:13 p.m. and power was fully restored by 7:08 p.m.
Campbell Soup Company fired an IT Vice President after a leaked audio recording surfaced where he falsely claimed the company's chicken soup contained "3D-printed" and "bioengineered" meat. The audio, which also included racially insensitive comments, originated from a lawsuit filed by a former employee. Campbell's swiftly denied the allegations, stating their chicken comes from USDA-approved suppliers, and terminated the VP to address the public relations crisis and maintain consumer trust regarding their traditional brand image.
Edison International (EIX) is experiencing renewed interest due to a significant share price drop stemming from new wildfire liability concerns related to the Eaton Fire. Despite a recent dip, the stock has shown positive returns over three months and five years, indicating long-term investor confidence. Analysts suggest EIX is undervalued, with a fair value estimate significantly above its current trading price, attributing potential upside to policy-driven electrification and regulatory protections, though wildfire liabilities remain a key risk.
DTE Energy is facing regulatory scrutiny over its request to fast-track power contracts for a massive Oracle and OpenAI data center, impacting investor sentiment. Despite a recent share price pullback, DTE shows solid underlying momentum with an 11.59% one-year total shareholder return. The company is trading at a modest discount to analyst targets and boasts double-digit earnings growth, with significant future electricity demand driven by hyperscale data centers potentially increasing revenues and improving grid utilization.
Ahead of market open on December 8, 2025, Applied Materials (AMAT) is a closely watched semiconductor stock trading near all-time highs due to an AI-driven rally. While analyst ratings are generally bullish, valuation concerns and the impact of U.S. export controls on China revenue present challenges. The article details recent financial performance, institutional movements, analyst forecasts, and technical indicators for AMAT.
Gamco Investors INC. ET AL reduced its stake in American Express (NYSE:AXP) by 4.0% in the second quarter, making it their 5th largest holding, valued at $150.15 million. Other institutional investors like Nordea Investment Management AB and Dempze Nancy E also adjusted their positions. American Express stock currently trades at $370.39, with a market cap of $255.14 billion, and recently reported strong quarterly earnings, beating consensus estimates.
Recent earnings reports from Dollar Tree (DLTR) and Five Below (FIVE) show both companies exceeding expectations, suggesting a significant consumer shift towards value-driven shopping. While Five Below's growth is fueled by discretionary "small luxuries," Dollar Tree's performance highlights a move towards essential items due to tightening budgets. This trend, echoing patterns seen in 2022 during peak inflation, indicates that consumer spending is being reshaped by inflation concerns, with markets anticipating sticky consumer pricing and renewed pressure on household budgets.
Federated Hermes Inc. increased its stake in The TJX Companies, Inc. by 4.5% during the second quarter, now owning 1,257,482 shares valued at $155.3 million. TJX Companies beat earnings expectations, reporting $1.28 EPS against an anticipated $1.22, with revenues up 7.5% year-over-year. The company maintains an average "Buy" rating from analysts with an average target price of $160.37, despite recent insider selling.
Home Depot and Lowe's will close their stores on Christmas Day, similar to other major retailers like Sam's Club, Costco, and Target to mark the holiday. Shoppers are advised to complete their home improvement purchases before or after Christmas and note that online delivery services will also be affected. Some stores like CVS Pharmacy and 7-Eleven locations will remain open on Christmas Day.
Federated Hermes Inc. reduced its stake in The Walt Disney Company by 5.9% during the second quarter, selling nearly 70,000 shares and now holding 1.1 million shares worth $137.37 million. Analyst sentiment for Disney remains largely positive with a "Moderate Buy" consensus and an average price target of $134.41. The company recently reported better-than-expected quarterly EPS of $1.11 and declared a $0.75 dividend.
