U.S. Steel’s fourth-quarter number and guidance aren’t all that impressive. It doesn’t matter. U.S. Steel has become a hot property in its industry.

U.S. Steel is fighting in court to save its sale to Tokyo-based Nippon Steel, while dealing with an activist investor aiming to replace its CEO. And on Thursday, it forecast profits continuing to shrink.

United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% during the same time..

"The narrative on Monday was that the eye-watering sums spent on AI capex by mega-cap tech companies could be somewhat obsolete if a cheaper solution exists," analysts at BCA Research said in a note.

The battle over American manufacturing icon U.S. Steel just got a little stranger than it already was. An activist investor is trying to scuttle a deal between U.S. Steel and Nippon Steel that was already on life support.

United States Steel (X) reported $3.51 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 15.3%. EPS of -$0.13 for the same period compares to $0.67 a year ago.

Below are the earnings highlights for United States Steel Corp. (X): Earnings: -$89 million in Q4 vs. -$80 million in the same

U.S. Steel and Nippon Steel ... its production peaked in 1953. U. S. Steel was dropped from the Dow Jones Industrial Average in 1991 and from the S&P 500 in 2014. For a long time, the company ...

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Major U.S. stock indexes slipped to break their four ... Oil fell 0.09% to $74.55 per barrel. The broad S&P 500 ended down 0.29%, or 17.47 points, to 6,101.24, below its record close on Thursday ...

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Newly inaugurated President Donald Trump along with AI leaders Oracle, OpenAI, and SoftBank this week announced a $500 billion AI project to assure U.S. leadership in the technology. And my ...