3 Rock-Solid Dividend Kings That Have Raised Their Dividend Payments for Over 60 Years
Motley Fool·- Coca-Cola, Procter & Gamble, and American States Water are identified as Dividend Kings that have raised their dividend payments for over 60 consecutive years. - Coca-Cola raised its quarterly payout for the 64th consecutive year alongside a 7% net revenue increase, while Procter & Gamble extended its streak to 70 years with a 3% yield. - American States Water extended its streak to 72 consecutive years of annual increases by raising its dividend by 8.2% to offer a reliable long-term investment.SpaceX's spending surge, the S&P 500's new record, Chipotle's salmonella scare and more in Morning Squawk
CNBC·- SpaceX reported strong initial quarterly revenue alongside a massive $18.4 billion capital expenditure surge, while the S&P 500 closed above 7,700 for the first time. - Procter & Gamble agreed to acquire supplement brand Thorne for $3.8 billion, and Disney posted strong quarterly earnings driven by its parks and streaming units. - Chipotle temporarily pulled jalapeños from Minnesota locations due to a salmonella outbreak link, causing its shares to drop nearly 10%.Dow Jones Top Company Headlines at 7 PM ET: SpaceX Revenue Could Reach $1 Trillion, Elon Musk Says | Paramount's ...
MorningStar·- SpaceX revenue could reach $ 1 trillion according to Elon Musk, while AMD shares fell 8% as SpaceX committed to Nvidia chips. - P&G agreed to buy supplements maker Thorne for $ 3.8 billion, and New Jersey sued Amazon over alleged wage suppression in its delivery network. - OpenAI criticized Apple's trade-secret suit, and Amgen lifted its full-year revenue outlook while halting an obesity treatment.Dow, S&P 500 Hit Records as US-Iran Talks Progress; SanDisk Jumps 10%
TradingKey·- Driven by progress in US-Iran talks and corporate earnings beating expectations, major US stock indices reached new highs, with the Dow rising 1.71% to 54,084.99 points and the S&P 500 advancing 1.79% to 7,736.52 points. - AI hardware and memory stocks led market gains, highlighted by Palantir's second-quarter revenue growing 93% year-over-year to $1.94 billion and SanDisk jumping 10.84%. - Major corporate developments included Anthropic securing a $10 billion computing power deal with Volta Infra Holdings, and Procter & Gamble agreeing to acquire Thorne for $3.8 billion.