Financial & Business News

During the first quarter, billionaire investor Philippe Laffont of Coatue Management added one of my favorite stocks to his portfolio: Philip Morris International (PM 0.73%). The tobacco company has the rare combination of being a growth stock in a defensive industry.

Investing in growth stocks can be a great way to generate outsize gains and bolster your portfolio. However, one of the more daunting aspects of investing is choosing individual stocks and figuring out when to cash out your positions.

CrowdStrike is a beneficiary of the multi-year artificial intelligence growth story. CrowdStrike's growing TAM, strong revenue growth, and high module adoption rates bolster its long-term bullish outlook. The net new ARR acceleration and return to GAAP profitability are expected in the second half of the year.

Real estate investment trusts (REITs) do not typically deliver the level of excitement or returns reminiscent of some tech growth stocks. Instead, they usually focus on offering a steady stream of dividends to attract investors seeking income or wealth preservation.

Uber (UBER 1.83%) is demonstrating economies of scale as its cost of serving customers is dropping as more people join the platform.

A catalyst for growth and innovation, Chan brings decades of cross-market expertise to power Stagwell's next phase of growth in APAC SINGAPORE , May 18, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Connie Chan as Chief Growth Officer, Asia Pacific, effective July 2025. Based in Singapore, Chan will be responsible for leading Stagwell's growth strategy and operations across APAC markets, with a focus on accelerating transformation, scaling integrated capabilities, and deepening relationships in local markets.

Following a visit to Saudi Arabia last week, President Donald Trump announced that the kingdom has pledged to invest $600 billion in deals with U.S. companies. The agreement includes $142 billion in defense sales to help supply the country with "state-of-the-art warfighting equipment.

Many financial stocks endured wild swings over the past few years as interest rates spiked and fell. Rising rates throttled economic growth and drove many investors away from stocks, cryptocurrencies, and other riskier investments.

The stock price of McKesson has maintained a strong upward trend throughout multiple years because of its solid financial performance and dedicated investor support which creates a defensive investment opportunity. The company achieves strong revenue and EPS growth through its expanding oncology, biopharmaceutical and GLP-1 therapy sales, which counterbalance the typical thin margins of the sector. The company's strategic focus on high-growth segments together with its divestment of slow-growth units makes McKesson an attractive long-term investment despite its high valuation and low yield.

The company reiterated its 2025 guidance, while there was a broad-based earnings beat. Engie increased its annual dividend floor from €0.65 to €1.10 per share, demonstrating financial stability and earnings resiliency. The company will no longer be exposed to nuclear waste management costs. With a valuation discount, we remain buyers.