Qualcomm Inc. stock outperforms competitors on strong trading day
The article reports that Qualcomm Inc. (QCOM) stock performed strongly, rising 3.26% to $193.30, outpacing both its industry rivals and the broader market. This positive movement occurred on a generally strong trading day for the stock market, reflecting investor confidence in the company. The stock closed above its 50-day moving average, signaling an upward trend.
DELL Stock Charges Higher On AI Factory Momentum And Target Hikes
Dell Technologies Inc. Class C stock (NYSE: DELL) surged by 16.76% due to high demand for AI servers and strong analyst outlooks. The company is advancing its "Dell AI Factory with NVIDIA," expanding its AI infrastructure offerings and partnering with major tech companies. Analysts from Mizuho, JPMorgan, and Citi have raised price targets, while UBS moved to a Neutral rating, suggesting much of the good news might already be priced in.
NetApp Inc Stock (NTAP) Closed Up by 12.42% on May 22: Drivers Behind the Movement
NetApp Inc (NTAP) stock surged by 12.42% on May 22, driven by strong investor anticipation for its fiscal fourth-quarter 2026 earnings report and an expanded strategic partnership with Google Cloud. The collaboration focuses on deploying NetApp storage solutions in Google Distributed Cloud for AI workloads and sovereign cloud, positioning NetApp as a key infrastructure provider in high-growth areas. Despite some mixed analyst sentiment and recent downgrades, the stock reached a new 52-week high as investors re-evaluate its potential in AI and cloud computing.
HP Inc Stock (HPQ) Closed Up by 15.18% on May 22: A Full Analysis
HP Inc (HPQ) stock soared by 15.18% on May 22, driven by anticipation for its upcoming fiscal second-quarter earnings report, robust demand for AI PCs, and positive industry momentum following strong results from competitors like Lenovo. JPMorgan's increased price target and HP's declared quarterly dividend further bolstered investor confidence. The article also provides technical and fundamental analysis, alongside identified company-specific risks such as rising memory prices and leadership uncertainty.
Fortinet COO John Whittle sells $18.7m in stock after exercising options
Fortinet's Chief Operating Officer, John Whittle, sold 146,015 shares of company stock worth approximately $18.7 million after exercising stock options on May 21, 2026. These transactions occurred while Fortinet's stock was trading near its 52-week high, having surged 64% in the previous six months. Following these sales, Whittle directly holds 94,724 shares, with the company also announcing strong Q1 2026 results and collaborations to enhance AI security.
DELL Stock Rips Higher As AI Factory Bets Pay Off
Dell Technologies (DELL) stock has surged by 16.73% due to high demand for AI-driven infrastructure. The company is expanding its Dell AI Factory with NVIDIA, introducing new Deskside Agentic AI, a data platform, and PowerRack to manage advanced AI workloads on-premise, aiming to reduce cloud costs for enterprises. Wall Street analysts from Mizuho, JPMorgan, Citi, and Bank of America have raised their price targets for DELL, citing strong AI server demand and anticipated earnings growth, while UBS downgraded it to Neutral after a significant 12-month rally.
HIVE Digital Technologies plans CAD $3.5 billion AI gigafactory in Ontario
HIVE Digital Technologies is making a substantial pivot from Bitcoin mining to AI infrastructure, announcing a CAD $3.5 billion AI gigafactory in the Greater Toronto Area. This facility, planned to house over 100,000 GPUs, represents an 18x expansion of their current GPU operations and will leverage a dedicated 320 MW of clean power. The move has been met with significant investor enthusiasm, highlighting a broader trend of crypto miners transitioning to AI compute services.
onsemi, Texas Instruments, and Impinj Shares Are Soaring, What You Need To Know
Shares of onsemi, Texas Instruments, and Impinj jumped after risk-on sentiment returned due to Iran peace progress and cooling Treasury yields. The rally in analog semiconductor companies signifies a potential turn in the inventory correction cycle as customers may shift from drawing down existing inventory to placing new orders. Impinj's shares, while volatile, showed a meaningful jump, following recent gains fueled by Nvidia's strong AI chip demand, which positively impacts the broader semiconductor sector.
SAIC, Mirion, and PAR Technology Stocks Trade Up, What You Need To Know
SAIC, Mirion, and PAR Technology stocks saw gains after the Dow Jones Industrial Average rose, driven by improved market sentiment due to falling Treasury yields and progress in Iran peace talks. Business services companies are expected to benefit from increased corporate confidence and reduced financing costs, translating into faster contract awards. Mirion, specifically, experienced a 3.5% jump, with past performance highlighting strong Q3 2025 financial results and an optimistic full-year adjusted EBITDA outlook, despite a recent year-to-date decline.
Dell Stock Charges Higher As AI Factory Story Accelerates
Dell Technologies Inc. (DELL) Class C stock surged over 17% due to strong bullish sentiment driven by its AI-driven enterprise solutions. The company's focus on its "AI Factory with NVIDIA" strategy, expanding its offerings with new hardware, software, and partnerships, is seen as a significant catalyst. Analysts have raised price targets, recognizing DELL's central role in the AI server and storage market, positioning it for potential long-term growth despite some warnings regarding its recent parabolic run.
Hedge Fund and Insider Trading News: Bill Ackman, Ken Griffin, Warren Buffett, Chris Hohn, Gavin Baker, Divisadero Street Capital, Balyasny Asset Management, Elliott Management, Fortune Brands Innovations Inc (FBIN), Mannatech Inc (MTEX), and More
This article compiles recent news and activities involving prominent hedge fund managers and insider trading. It covers Bill Ackman's pivot to AI stocks, Ken Griffin's political donation, Warren Buffett's investing tips, and various hedge fund and insider movements, including Elliott Management's portfolio adjustments and significant insider purchases in Fortune Brands Innovations Inc (FBIN) and Mannatech Inc (MTEX). The piece also touches on a recommendation for an undervalued AI stock.
OSI Systems, Amphenol, and Zebra Shares Skyrocket, What You Need To Know
Shares of OSI Systems (OSIS), Amphenol (APH), and Zebra (ZBRA) all saw significant jumps following an improvement in market sentiment. This surge is attributed to the Dow Jones Industrial Average climbing, falling Treasury yields, and progress in the Iran peace deal reducing geopolitical overhangs. The article highlights how these macro factors positively impact business services companies and briefly covers the recent performance of OSI Systems.
Insight Enterprises and Arlo Technologies Shares Are Soaring, What You Need To Know
Insight Enterprises (NSIT) and Arlo Technologies (ARLO) saw their share prices jump after the Dow Jones Industrial Average climbed and market sentiment improved due to falling Treasury yields and progress on the Iran peace deal. Business services companies are expected to benefit from increased corporate confidence and reduced financing costs for their clients. Despite recent volatility, Arlo Technologies has shown significant long-term growth, with a $1,000 investment five years ago now worth over $2,000.
Nokia Oyj Stock (NOK) Moved Up by 10.54% on May 22: A Full Analysis
Nokia Oyj (NOK) stock surged by 10.54% on May 22, driven by the launch of its new AI Network Innovation Lab, numerous analyst upgrades, and strong Q1 2026 financial performance with upgraded guidance. The company's strategic focus on AI infrastructure, cloud expansion, and advancements in future technologies like 6G, along with key partnerships, contributed to the positive market sentiment despite some valuation concerns. Technical indicators show neutral to oversold conditions, while fundamental analysis highlights substantial revenue and profit in the Technology Equipment industry.
Nvidia Earnings in the Books, But This ETF Remains Useful
Following Nvidia's latest stellar earnings report, the Direxion Daily NVDA Bull 2X Shares (NVDU A-) ETF remains a crucial tool for short-term traders. Despite a muted market reaction to the earnings, Nvidia's status as a market-mover and potential catalysts like updates on US/China trade relations and strong margins, suggest NVDU will continue to be relevant for agile investors tracking the AI trade.
Ideal Power partners to develop prototype for NVIDIA's 800V DC AI data center power system.
Ideal Power Inc. has signed a letter of intent to co-develop a B-TRAN-enabled prototype for NVIDIA's Rubin Ultra 800V DC AI data center power architecture. This initiative responds to the industry's transition from traditional 400-480V AC to high-voltage 800V DC systems due to increasing AI computing demands. The prototype, a solid-state circuit breaker, is expected to be ready by late 2026, with potential production orders and volume ramp in 2027.
DELL Stock Powers Higher As AI Factory Story Accelerates
Dell Technologies (DELL) stock surged by 16.86% due to strong optimism surrounding AI-driven PC and server demand. Analysts have raised price targets for DELL, citing its "AI Factory with NVIDIA" initiative and new agentic AI offerings that position it as a key AI infrastructure supplier for enterprises. Upcoming catalysts include the Q1 2027 earnings report on May 28, 2026, and a Bank of America fireside chat in early June, which are expected to provide further insights into Dell's AI execution and future guidance.
KLA Corp Stock (KLAC) Moved Up by 3.14% on May 22: Facts Behind the Movement
KLA Corp (KLAC) stock increased by 3.14% on May 22, driven by strong Q3 2026 earnings, positive Q4 outlook, and significant shareholder-friendly actions including a 10-for-1 stock split and a $7 billion buyback program. Analysts maintain an optimistic "Moderate Buy" rating, citing KLA's crucial role in the expanding AI infrastructure within the semiconductor industry. Despite potential overvaluation and insider selling, KLA's market share gains and expected growth in the wafer equipment market contribute to its positive momentum.
Dell Surges 15% Leading AI Server Rally; HPE Pops 9%, Super Micro Rises 5% Ahead of Earnings Catalyst
Dell Technologies (DELL) saw a significant stock surge of 15% amid strong expectations for its upcoming Q1 earnings, driven by its AI server business. Hewlett Packard Enterprise (HPE) also climbed 9% due to similar AI-driven tailwinds and strong networking revenue, while Super Micro Computer (SMCI) gained 5% but lagged its peers following past governance issues. The article highlights the market's current preference for Dell in the AI server segment and anticipates Dell's May 28th earnings as a key catalyst for the industry.
OpenAI named a Leader in enterprise coding agents by Gartner
OpenAI has been recognized as a Leader in Gartner's Magic Quadrant for Enterprise AI Coding Agents, attributing this to the success of Codex, which is used by over 4 million people weekly and by major companies. The company highlights Codex's strengths in agentic software development, enterprise governance, and flexible deployment. OpenAI continues to enhance Codex with updates like GPT-5.5, aiming to combine frontier model capabilities with integrated product experiences for enterprise software development.
Quantum Stocks Surge on Government Investment News
Quantum computing stocks, particularly IonQ, are surging following the U.S. government's announcement of potential equity stakes in several companies, demonstrating strong market confidence. Traders on Kalshi assign a 32% probability for IonQ receiving government equity, reflecting optimism for its growth. Other companies like Anduril Industries and Micron Technology also show robust growth, with predictions of government equity boosting their market confidence and highlighting their critical roles in defense tech and AI development.
CoreWeave vs. Oracle: Which AI Infrastructure Stock is the Better Pick?
This article compares CoreWeave and Oracle as investments in the AI infrastructure market, highlighting their different profiles. CoreWeave is a fast-growing, specialized GPU-powered cloud provider benefiting from soaring AI demand but faces profitability challenges due to aggressive expansion and high debt. Oracle, a diversified tech giant, leverages its established cloud and database businesses to expand into AI, offering a more balanced and financially stable investment despite intense competition.
Breakingviews - Honeywell quantum IPO tests financial paradox
Honeywell's quantum computing arm, Quantinuum, is preparing for an IPO that could value it at up to $20 billion. The listing comes after several other quantum computing companies have gone public via SPACs, but Quantinuum would be the first traditional IPO, testing investor appetite. While the technology shows promise and has received government funding, achieving such a high valuation will depend on rapid growth and the company's ability to outperform competitors, attracting private sector demand beyond its current reliance on government contracts.
Arista Networks Inc Stock (ANET) Moved Up by 3.08% on May 22: Key Drivers Unveiled
Arista Networks Inc (ANET) stock increased by 3.08% on May 22nd, driven by its recognition as a Gartner Magic Quadrant Leader for Enterprise LAN, strong Q1 2026 earnings that surpassed expectations, and an increased full-year revenue outlook. Analysts maintain positive ratings for ANET, citing robust AI demand and growth despite some technical indicators suggesting caution and competitive concerns. The company's strategic positioning in high-growth areas and product innovation for AI-optimized connectivity solutions are key factors in its performance.
Dell, HP Surge Double Digits on AI Infrastructure Optimism and PC Recovery Hopes
Dell Technologies and HP Inc. saw significant stock surges due to renewed investor optimism in the PC and AI infrastructure sectors, driven by strong quarterly results from Lenovo and positive analyst sentiment. Lenovo's 27% year-over-year revenue increase and 24% growth in its core PC division sparked the rally, suggesting an accelerating global PC market recovery. Morgan Stanley also provided a bullish outlook for Dell's near-term results, anticipating strong AI server demand, though they maintained a cautious "Underweight" rating on valuation despite raising the price target.
Cerebras Systems' Chips May Be 15X Faster Than Some of Nvidia's Blackwell Models, but Nvidia Has 2 Distinct Advantages
Cerebras Systems, a new AI chipmaker, recently went public with claims that its chips are up to 15 times faster than competitors. While Cerebras' large wafer-scale engines offer advantages in memory and processing power, Nvidia retains significant advantages through the flexibility of its smaller chips for varied AI tasks and its dominant CUDA software ecosystem. Nvidia's CUDA platform creates a strong competitive moat, similar to credit card networks, making it difficult for developers and companies to switch to alternative solutions.
HP Inc. (HPQ) call put ratio 4.3 calls to 1 put into quarter results
HP Inc. (HPQ) is showing a call-put ratio of 4.3 calls to 1 put, with a significant focus on September 27 calls, as it approaches its quarter results release on May 27. The implied volatility for HPQ options is currently high, especially for May 29 weekly calls. The article also notes HPQ's current stock price, analyst rating, dividend yield, and revenue growth.
Main Street Capital stock hits 52-week low at $49.82 amid market shifts
Main Street Capital Corporation's stock has hit a 52-week low of $49.82, reflecting a 13% year-to-date decline and a 1-year change of -10.01%. This downturn is attributed to broader economic uncertainties and recent Q1 2026 earnings that missed analyst expectations for both EPS and revenue. Despite these challenges, the company maintains an 8% dividend yield and has a history of 20 consecutive years of dividend payments.
Qualcomm Inc Stock (QCOM) Moved Up by 5.93% on May 22: Drivers Behind the Movement
Qualcomm (QCOM) stock rose 5.93% on May 22, driven by strong advancements in automotive, AI PC, and data center markets. Key catalysts include an expanded partnership with Stellantis for Snapdragon Digital Chassis integration, the launch of the Snapdragon X2 Series for AI-enabled Windows PCs, and a custom silicon deal in the AI data center market. These developments, along with strong financial performance and positive analyst sentiment, fueled investor optimism despite competitive intensity and valuation concerns.
Altria Is A Better Buy Than SpaceX
This article argues that Altria (NYSE: MO) is a safer and potentially better investment than SpaceX, especially for investors seeking stability and consistent returns. While SpaceX's IPO might lead to volatility given its reliance on Starlink and AI losses, Altria offers a recession-proof product, a rock-solid balance sheet, and a 55-year history of dividend increases, yielding just under 6%. Despite cigarettes being a controversial product, Altria's Marlboro brand holds a significant global market share and generates substantial cash flow.
GlobalFoundries Stock Jumps As Quantum Bet Draws U.S. Billions
GlobalFoundries (GFS) stock surged by 9.58% following news of its new Quantum Technology Solutions business, which is set to receive a prospective $375 million award and a 1% equity stake from the U.S. Department of Commerce. This initiative, coupled with an additional $375 million in CHIPS Act funding, has led to significant price target increases from Susquehanna and Evercore ISI, linking GFS to growth in quantum, AI inference, and communications infrastructure. The company's strategic partnerships with major tech firms and investment in early-stage deep-tech through GF Accelerate position it as a key player in future AI and quantum hardware development.
Cts stock hits 52-week high at 62.07 USD
CTS Corp's stock has reached a 52-week high of $62.07, demonstrating a significant 48% increase over the past year and 44% in the last six months. This surge in value is supported by strong Q1 2026 earnings, where the company surpassed Wall Street expectations with an EPS of $0.62 and revenue of $139 million. The performance highlights robust financial health and positive market sentiment for CTS Corp.
DELL Stock Charges Higher On AI Factory Momentum And Bullish Targets
Dell Technologies (DELL) stock surged 14.7% due to strong demand for its AI-optimized infrastructure and bullish analyst targets. Mizuho, JPMorgan, and Citi all raised their price targets significantly, citing AI-driven server demand and easing memory concerns. Dell's expanded AI Factory with NVIDIA, including new agentic AI systems and data platforms, is seen as a key driver for its growth in enterprise AI infrastructure.
Texas Instruments Has the Power Chips AI Needs. Buy the Stock, Says This Analyst.
Texas Instruments, traditionally not associated with AI, is becoming a crucial player in the artificial intelligence ecosystem, according to Seaport Research Partners. The company reported a 90% year-over-year increase in its data-center business during the March quarter. An analyst recommends buying the stock due to its role in providing power chips for AI.
Analysts Conflicted on These Technology Names: Salesforce (CRM), Nvidia (NVDA) and Applied Digital Corporation (APLD)
This article reports on analyst ratings for three technology companies: Salesforce (CRM), Nvidia (NVDA), and Applied Digital Corporation (APLD). Salesforce received a "Moderate Buy" consensus with one analyst maintaining a "Hold" rating, while Nvidia achieved a "Strong Buy" consensus with a "Buy" rating from Craig-Hallum. Applied Digital Corporation also received a "Strong Buy" consensus with a reiterated "Buy" rating from Craig-Hallum.
AI infrastructure race heats up as IREN pitches full-stack strategy, WhiteFiber lands $160M deal
The article details how IREN, formerly Iris Energy, is pivoting to a vertically integrated AI infrastructure strategy, owning power, land, and data centers to provide a full-stack solution including NVIDIA GPUs and software. Co-founder Dan Roberts argues that physical infrastructure, not chips, is the biggest bottleneck for AI growth. Additionally, WhiteFiber announced a five-year, $160 million AI compute agreement in France, also utilizing NVIDIA GPUs, highlighting the intensifying race in AI infrastructure development.
Cisco Systems stock hits all-time high, reaching 119.53 USD
Cisco Systems (CSCO) stock has reached an all-time high of $119.53, marking an 88.59% increase over the past year and indicating strong investor confidence. The milestone comes amidst significant company developments including the launch of EnterpriseClaw and positive adjustments to price targets by several financial firms like UBS, Piper Sandler, KeyBanc, and Rosenblatt. Despite some data suggesting the stock might be overvalued, these updates highlight Cisco's resilience, growth potential, and ongoing innovation in the competitive tech sector.
Classover Secures $100M Equity Facility to Expand Into AI Infrastructure Market
Classover Holdings has secured a $100 million equity purchase facility with Chardan Capital Markets to expand beyond education technology and venture into the AI infrastructure market. The company, which operates AI-powered education platforms under the ticker KIDZ, plans to invest in high-performance GPU infrastructure, cloud-based AI compute services, and data center partnerships. This strategic pivot includes a rebranding to "KIDZ AI Inc.," aiming to capitalize on the increasing demand for computing capacity in the AI sector.
Three detained over alleged smuggling of Nvidia chips to Hong Kong
Three Taiwanese men were detained for allegedly forging documents to smuggle AI servers containing advanced Nvidia chips into Hong Kong, potentially bound for China. Prosecutors state the suspects attempted to circumvent strict U.S. export controls on these high-performance servers. Authorities seized 50 AI servers and NT$9 million during the investigation.
What Thermo Fisher CEO Said at Investor Day That the Market Is Still Processing
Thermo Fisher Scientific (TMO) held its 2026 Investor Day, where CEO Marc Casper and CFO Jim Meyer presented a case for a temporary market pain, emphasizing a structural opportunity despite academic and government funding suppression and a recent acquisition. Management reaffirmed a 7% long-term organic revenue CAGR by 2028, with current improvements in pharma and biotech sectors and potential upside from China and the NVIDIA partnership. The stock is trading near a multi-year valuation low, with analysts overwhelmingly rating it a Buy.
Can Oatly Group AB (OTLY) Stock Rise 30%? Check Out 2026 Plans
Oatly Group AB released its Q1 2026 results, showing a 15% revenue increase to $228.3 million and adjusted EBITDA of $5 million. The company plans to focus on existing successful strategies, review its China business, and minimize the impact of the Middle East conflict to achieve 3-5% revenue growth in 2026 and adjusted EBITDA of $25 million to $35 million. While outlining its growth trajectory, the article also promotes investment in AI stocks, suggesting they hold greater promise for higher returns.
Lennox International, Inc. (NYSE:LII) Raises Dividend to $1.36 Per Share
Lennox International, Inc. (NYSE:LII) has announced a quarterly dividend increase to $1.36 per share, up from $1.30, marking its 16th consecutive year of dividend hikes. The construction company reported strong financial results, beating quarterly earnings and revenue expectations with $3.35 EPS and $1.14 billion in revenue. Despite a recent 2.6% trading dip, the company maintains a low payout ratio of 20.6% and projects solid FY2026 EPS guidance, indicating continued financial health and dividend coverage.
How Global Mofy’s Gausspeed taps 150,000 3D assets for AI-made scenes
Global Mofy AI Limited announced a significant milestone for its Gausspeed generative AI platform, which is now connected to the company's proprietary library of over 150,000 high-precision 3D digital assets. This integration, built on NVIDIA Omniverse and OpenUSD, is expected to enhance AI-assisted production pipelines for film, video, and digital content creation by enabling structured asset retrieval and organization. Despite this operational advancement, the company's stock (GMM) experienced a significant 71.19% decline following the news, reflecting a negative market reaction amid heavy trading volume.
Intel Foundry: After A 3x Rally, Time For A Reality Check?
Intel's stock has rallied significantly due to improving CPU demand and optimism around its foundry business, with investors hoping the company can become a key second source for advanced
UBS Group AG Cuts Stake in Kulicke and Soffa Industries, Inc. $KLIC
UBS Group AG reduced its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 27.2% in Q4, selling nearly 40,000 shares. Despite this, analyst sentiment for KLIC has improved, with several firms upgrading the stock and Needham raising its price target to $105. The company also announced strong Q4 earnings, beating revenue and EPS estimates, though insider selling by a director was reported.
Wealthfront Advisers LLC Has $799.59 Million Position in NVIDIA Corporation $NVDA
Wealthfront Advisers LLC increased its stake in NVIDIA Corporation by 1.4% in the fourth quarter, bringing its total holding to 4.29 million shares valued at approximately $799.6 million, making NVIDIA its 14th largest position. This follows strong quarterly results from NVIDIA, including an 85.2% year-over-year revenue jump and an $80 billion share buyback authorization, alongside an increased quarterly dividend. Analysts maintain a "Buy" consensus rating for NVIDIA, despite some investor caution regarding intensifying AI competition and high valuation.
Inside Microsoft’s high-stakes push to win back its AI lead
This article discusses Microsoft's efforts to regain its lead in the AI race, focusing on CEO Satya Nadella's involvement in developing AI products like Copilot Tasks. The company's stock has declined amid a "SaaSpocalypse" where AI coding agents are impacting software subscriptions. The piece highlights that Microsoft, once an AI front-runner, is now striving for a comeback in a rapidly evolving AI landscape.
Kawasaki teams up with Nvidia, Microsoft, and others to develop physical AI
Kawasaki Heavy Industries is partnering with Nvidia, Microsoft, Analog Devices, and Fujitsu to advance the development and social implementation of physical AI. This initiative includes establishing the Kawasaki Physical AI Center in San Jose, aiming to integrate AI, cloud, robotics, and sensing for practical solutions, initially focusing on healthcare and elder care before expanding to other industries. The collaboration seeks to accelerate real-world deployment of AI-integrated robotics through global partnerships.
Pzena Investment Management LLC Has $107.56 Million Position in Cisco Systems, Inc. $CSCO
Pzena Investment Management LLC reduced its stake in Cisco Systems by 9.6% in the fourth quarter, selling 148,001 shares but still holding over 1.3 million shares valued at $107.56 million. Despite this reduction, institutional investors collectively maintain a majority ownership of 73.33% in Cisco. The article highlights Cisco's strong financial performance, boosted by AI infrastructure demand, and notes positive analyst sentiment and recent price target increases.
Globe Life Inc. $GL Shares Sold by Pzena Investment Management LLC
Pzena Investment Management LLC reduced its stake in Globe Life Inc. by 2.2% in the fourth quarter, though it still holds a significant position. Insiders, including the CEO and an EVP, also sold a substantial number of shares recently. Despite mixed quarterly results, analysts maintain a "Buy" rating for Globe Life with an average target price of $173.22, and the company announced a quarterly dividend of $0.33 per share.