When is a beat and raise not a beat and raise? That’s a question that has frustrated us this earnings season. Case in point: How about Honeywell ‘s beat and raise last week? Here’s a conglomerate splitting into three different companies, which also has a quantum computing business that’s probably more advanced than any of…
Honeywell shares were on track for a record-high close Tuesday after the industrial conglomerate said it is re-evaluating what to do with two lagging businesses ahead of its planned three-way split. The news Honeywell announced Tuesday it is exploring strategic alternatives for its productivity solutions and services (PSS) unit and its warehouse and workflow solutions…
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name Nvidia would be grounded by…
