Last Updated: Sept. 11, 2026 at 7:38pm ET
2026년. 9월 11일 오후 3:22 New York 시간
By
WSJ Staff
Saudi Arabia’s Energy Ministry said the East-West pipeline was hit several times Thursday in attacks that caused a number of injuries and led the kingdom to shut it down. The crucial pipeline carries crude from Saudi Arabia’s producing heartland on the Persian Gulf to Yanbu on the Red Sea, bypassing the blockage in Hormuz.

#arabia #updated #sept #staff

Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by the disciplined execution of a value creation strategy, resulting in 27% full-year adjusted EBITDA growth despite reported sales declines from network optimization.
Management attributes underlying sales growth to the $90 billion target addressable market of differentiated retailers, who increased their grocery industry share by 30 basis points.
Operational efficiency improved through the deployment of 'Lean' daily management to 44 distribution centers, resulting in four consecutive quarters of fill rate and throughput gains.
The natural product segment continues to outperform the broader market, reflecting enduring consumer demand for health-forward and specialty products.

#resulting #performance #ebitda #operational

Hennessy Fund's Q2 2026 investor letter for the Hennessy Equity and Income Fund. The letter can be downloaded here. The letter discusses portfolio changes, emphasizing opportunities in equity and fixed income markets that can withstand economic uncertainty. The portfolio held businesses with a 23.0% pre-tax return on invested capital versus 16.1% for the S&P 500. The letter notes a reversal in U.S. equities, driven by AI spending and strong earnings, despite cautious sentiment among lower-income households. The focus on high-quality firms with durable advantages is expected to yield positive outcomes as valuation pressures mount, indicating that future market performance may hinge on fundamentals rather than speculative trends. The portfolio aims to capitalize on the overlooked valuations of quality companies, presenting significant investment opportunities. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Hennessy Equity and Income Fund highlighted Martin Marietta Materials, Inc. (NYSE:MLM). Martin Marietta Materials, Inc. (NYSE:MLM) is a building materials company that supplies aggregates and heavy-side building materials to the construction industry. On August 28, 2026, Martin Marietta Materials, Inc. (NYSE:MLM) closed at $531.05 per share, reflecting a market capitalization of $37.72 billion. Martin Marietta Materials, Inc. (NYSE:MLM) posted a one‑month return of ‑2.07%, while its shares lost 13.85% over the past 52 weeks.
Hennessy Equity and Income Fund stated the following regarding Martin Marietta Materials, Inc. (NYSE:MLM) in its Q2 2026 investor letter:
"The largest detractor year-to-date based on relative performance vs. the benchmark was Martin Marietta Materials, Inc. (NYSE:MLM). Shares were pressured by elevated expectations rather than any meaningful deterioration in fundamentals. Infrastructure and nonresidential demand remain supported by Infrastructure Investment and Jobs Act (IIJA) funding and data center construction, while recent acquisitions should enhance pricing, margins, and cash flow. We remain confident in Martin Marietta's ability to compound earnings over the long term."
Martin Marietta Materials, Inc. (NYSE:MLM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Martin Marietta Materials, Inc. (NYSE:MLM) at the end of the second quarter, which was 65 in the previous quarter. While we acknowledge the potential of Martin Marietta Materials, Inc. (NYSE:MLM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#hennessy #Equity

Healthcare investors are beginning to see signs of recovery across several parts of the industry, but not every recovery looks the same. Danaher (NYSE:DHR) is benefiting from improving demand in life sciences after a prolonged post-pandemic slowdown, while Medtronic (NYSE:MDT) is finally beginning to show the results of years of investment in new products and operational execution. Both companies reported encouraging results, but very different factors are driving their recoveries. The question for investors is which recovery story offers the greater long-term upside.
The strongest argument supporting Medtronic (NYSE:MDT) is that its turnaround is no longer being driven by cost controls alone. The company's latest results suggest its newer growth platforms are beginning to contribute meaningfully to revenue. The company reported its highest annual revenue growth in 10 years in its fiscal Q4 and full-year 2026 results. Q4 revenue reached $9.8 billion, up 9.9% as reported and 6.6% organic, and FY 26 revenue was $36.4 billion, with adjusted revenue of $36.3 billion, up 8.4% as reported and 5.8% organic. The trends suggest that the company is exhibiting continued operational rigor and building momentum in its highest growth opportunities, including Affera, Symplicity, Hugo, Altaviva, and Stealth AXiS.
Furthermore, Medtronic's (NYSE:MDT) cardiac segment is emerging as one of the most prominent growth drivers for the company, as the Cardiac Ablation Solutions revenue rose 78% globally, including 124% U.S. growth. That is significant for investors because cardiac devices remain one of the company's highest-margin and fastest-growing businesses.
Danaher's story, however, depends much more on improving customer spending across its Life Sciences business, which delivered its strongest performance in several years. Although bioprocessing revenue was affected by customer project timings, the underlying order trends remained strong, with bioprocessing orders growing mid-teens in the quarter. This shows that the underlying demand for bioprocessing remained strong, which includes consumables and equipment necessary to make biologic drugs.
Danaher Corporation (NYSE:DHR) also stated that a little over $100 million of revenue has shifted into next year, primarily from the second and third quarters. This suggests that customer demand has been delayed rather than cancelled, potentially supporting future revenue growth.

#revenue

By Aditya Soni and Arasu Kannagi Basil
Aug 19 (Reuters) - Payments firm Stripe said on Wednesday it had agreed to buy OpenRouter, which helps businesses ‌route and optimize token usage, its latest bet on the fast-growing AI industry.
While ‌the companies did not disclose the value of the deal, a source familiar with the matter, who requested anonymity to discuss confidential information, told Reuters it was worth slightly more than $8 billion.
The deal comes as soaring bills drive companies toward cheaper models and routing tools like OpenRouter, and deepens a year-long push by the fintech into AI. The push has included launching ‌products like token billing to ⁠track AI model consumption.
AI marketplace platforms like OpenRouter allow developers to send queries to dozens of AI models through a single interface, ⁠making them a popular testing ground for new systems.

#aditya

SPCX slipped below its $135 IPO price after 319M shares unlocked; RKLB fell 3% in pure sector sympathy with no company-specific catalyst.
August's 911M-share unlock lifted SPCX 6%, making today's smaller drop below IPO price a clear signal of weakening market appetite at current levels.
UFO is up 21% YTD, but two larger SPCX unlocks in November and December dwarf today's tranche and make supply pressure a recurring risk.
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SpaceX (NASDAQ:SPCX) stock is down 6% to $131.86 midday Thursday, slipping below the company's $135 IPO price for the first time since the June debut. Roughly 319 million shares came off lockup this morning, the latest tranche in a staggered release schedule that will eventually free most of the float. A move under the offering price gives sellers a clear reference to trade against as more supply becomes eligible.

#spcx #price #free #shares

Home Depot's sales improved during the second quarter as customers focused on smaller projects during the summer months with the U.S. housing sector still mired in a slump.
Revenue increased to $47.86 billion from $45.28 billion, edging out the $47.24 billion that Wall Street had expected, according to a survey by FactSet.
Globally, sales at stores open at least a year, a key indicator of a retailer's health, climbed 1.7%. In the U.S., comparable store sales rose 1.3%.
"Our second quarter results exceeded our expectations," Chief Financial Officer Richard McPhail said Tuesday. "We saw broad based demand across the business as customers continued to engage in smaller projects."
Customer transactions slipped 1% in the quarter, but the amount shoppers spent rose to $92.50 per average receipt from $90.01 a year earlier.

#rose

Furniture retailers have spent years waiting for the housing market to revive demand for sofas, beds, and other big-ticket home purchases.
That rebound remains elusive, but some of the industry's biggest players are finding growth anyway.
Wayfair reported second-quarter net revenue of $3.5 billion, up 7.5% from a year earlier, while U.S. revenue jumped 8.7%.
Orders increased 6%, active customers rose 3.3%, and the online furniture retailer generated $301 million in free cash flow.
Executives were also quick to point out that this was the company's strongest U.S. revenue growth of the post-COVID period.

#revenue #executives #spent #years

Nio's (NIO) latest delivery update puts the stock back in the spotlight at exactly the right time. The company delivered 35,934 vehicles in July 2026, up 71.0% year-over-year (YOY), while year-to-date (YTD) deliveries climbed to 227,057 units, a 68.0% increase YOY.
This momentum arrives at a pivotal time for Nio, which has now surpassed 1.22 million ****** ulative deliveries. That solidifies July as another record month for the Chinese electric vehicle (EV) maker, even though deliveries were down 11.49% from June, marking the company's first sequential decline in three months.
Jeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — 'It's The Most Important Work I'm Doing'
Apple's New CEO Is Bringing a Familiar Face Back From Retirement. The Shift Is Happening.
Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and ****** eX Earnings on Tap

#year #time #jeff

Space Exploration Technologies (NASDAQ: SPCX) reported its first financial update as a publicly traded company (for the second quarter) on Aug. 4 amid high expectations. The company's shares rose before it released its earnings report. Unfortunately, the **** e company's results disappointed the market, sending the stock sharply lower and extending the losses from recent weeks. **** eX stock is down 20% from its IPO price and 52% from its all-time high. However, even at current levels, the company's shares aren't attractive, in my view. Here are three reasons why I am not buying the dip yet.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SpaceX's second-quarter results weren't bad. The company's revenue soared 92% year over year to $7.8 billion, while it cut its net loss nearly in half, landing at $541 million for the period, versus the $1 billion reported in the prior-year quarter. However, there are some worrying signs. Notably, **** eX is spending a small fortune to capitalize on what it perceives as a massive opportunity in artificial intelligence (AI). During the second quarter, **** eX's capex within its AI business was $15.8 billion, more than doubling quarter over quarter. It was also more than six times the capex in its two other operating segments combined.
Management says it will continue to spend heavily on AI over the next few quarters. That's a problem for the company's near-term performance. The market is punishing other corporations that are also spending heavily on AI, even when they generate significantly more revenue and earnings than **** eX and also boast attractive opportunities in this market. Perhaps the spending is justified and will eventually transform **** eX's business. But it's unlikely that we will see a significant return on investment from **** eX's AI-related spending over the next year, which leads me to believe that the stock may fall further and offer investors who believe in its vision an even more attractive entry point.
SpaceX is acquiring Cursor, an AI start-up, for $60 billion. One noteworthy aspect of this deal is that it is an all-stock transaction. Translation: **** eX is diluting existing shareholders by issuing new shares to fund this acquisition. It may be worth it in the long run if Cursor can improve **** eX's AI business, but this transaction may put downward pressure on the stock over the next year or so, especially if many of these new shareholders decide to cash out.

#SpaceX

George W. III **** s, a director at Business First Bancshares, Inc. (NASDAQ:BFST), reported a sale of 20,000 shares of common stock in a transaction executed on July 30, 2026, and July 31, 2026, according to an SEC Form 4 filing.
Metric
Value
Transaction value
$635,800

#july #value

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Want to make sure a loved one receives your ****** ets after you pass away? Many people take steps to make that happen — usually by choosing a beneficiary for their retirement accounts or insurance policies — but few people consider what will happen to their bank accounts.
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You can easily turn any bank account into a POD, and by doing so, lift a major burden for your loved ones. As beneficiaries, they'll get immediate access to the money they may need for things like medical or funeral expenses without the burden of having to go through probate court.
You can easily turn your bank account into a payable-on-death (POD) account, also known as a transfer-on-death (TOD) or Totten trust, by designating one or more people as beneficiaries who will receive the funds when you pass away.

#people #beneficiaries #make

RTOO debuted on NYSE Arca at $25.09, dropping to $23.57 in three days, but the fund has zero performance history to ***** s.
RTOO's 0.75% expense ratio tops competing robotics ETFs, which charge between 0.45% and 0.68%, with the premium paying for active management discretion over its benchmark index.
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VistaShares has added a robotics-themed fund to its lineup. The VistaShares Robotics Supercycle ETF (NYSEARCA:RTOO) began trading on NYSE Arca alongside a prospectus dated July 12, 2026, and is one of three VistaShares "supercycle" funds launched under the same document, alongside sister products focused on ***** e and defense.
The fund carries a total annual operating expense ratio of 0.75%, which works out to $75 a year on a $10,000 investment. The prospectus estimates a hypothetical shareholder's costs at $77 over one year and $240 over three years, ***** uming a 5% annual return. Shares closed at $23.57 on July 20, 2026, after opening the prior week at $25.09 on July 16. With only three trading days of history available, that early move should be treated as noise rather than a trend.

#fund #rtoo #days

Cleveland, Ohio-based Parker-Hannifin Corporation (PH) manufactures and sells motion and control technologies and systems. Valued at $120.2 billion by market cap, PH is a leading diversified industrial manufacturer that offers motion-control and fluid systems and industrial components, flight control, hydraulic, fluid conveyance, thermal management, pneumatic, and lubrication systems, and components for aerospace markets. The industrial giant is expected to announce its fiscal fourth-quarter earnings for 2026 in the near term.
Ahead of the event, ****** ysts expect PH to report a profit of $8.30 per share on a diluted basis, up 7.9% from $7.69 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars

#control #fluid

Results from LCD's H1 2026 European leveraged finance survey point to a market that expects broad stability in credit fundamentals, even as sentiment remains fractured on the macro risks most likely to shape performance over the next six months.
Survey highlights:
Leveraged loans expected to outperform high yield in H2 2026.
After a sharp rise in the ELLI distress ratio, respondents see conditions stabilising.
European loan index predicted to outperform its US counterpart.

#market

Khing Oei, a former Goldman Sachs credit investor, says the market has Strategy's STRC preferred stock priced wrong. His math says it is worth about $96. It trades near $85.
Oei spent 25 years valuing risky debt at Goldman Sachs and hedge funds. He shared his STRC model in a recent lengthy discussion.
STRC pays a 12% dividend. Divide that by today's discounted price and you get a yield above 14%. That number is everywhere. Oei says it is wrong.
Here is the problem. That math ***** umes STRC pays out forever, no matter what. STRC promises no such thing. It never matures and never has to repay its $100 face value, known as par. It pays only while MicroStrategy can afford it.
The shares crashed 25% below par during June's Bitcoin selloff. That is what made the yield look so juicy.

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