16 days ago
On September 4, RTX Corporation (NYSE:RTX) announced that its Pratt & Whitney business was investing $25 million to expand its manufacturing facility in Niepołomice, Poland.
The site produces complex tubular ****** emblies for both military and commercial engines. The expanded facility will begin operations in 2028 and create over 120 jobs.
Niepołomice already delivers precision components for several engines, including the F135, Pratt & Whitney GTF, and the PW800. The initiative complements the $100 million investment announced in April to boost production and enhance capabilities at the company's facility in Rzeszów, Poland.
The capacity expansion reflects the company's confidence in sustained demand for both commercial and military engine production over the coming years, which is supported by a record backlog of $289 billion at the end of Q2, increasing 22% year-over-year.
This further strengthens RTX Corporation (NYSE:RTX)'s manufacturing footprint in Europe, especially in Poland – which is already the company's largest presence outside the U.S. with more than 9,500 employees. The expansion will enhance its regional supply chain capabilities.
#Manufacturing
The site produces complex tubular ****** emblies for both military and commercial engines. The expanded facility will begin operations in 2028 and create over 120 jobs.
Niepołomice already delivers precision components for several engines, including the F135, Pratt & Whitney GTF, and the PW800. The initiative complements the $100 million investment announced in April to boost production and enhance capabilities at the company's facility in Rzeszów, Poland.
The capacity expansion reflects the company's confidence in sustained demand for both commercial and military engine production over the coming years, which is supported by a record backlog of $289 billion at the end of Q2, increasing 22% year-over-year.
This further strengthens RTX Corporation (NYSE:RTX)'s manufacturing footprint in Europe, especially in Poland – which is already the company's largest presence outside the U.S. with more than 9,500 employees. The expansion will enhance its regional supply chain capabilities.
#Manufacturing
18 days ago
20 days ago
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Gold can play a role in a diversified retirement portfolio, but it's generally better suited as a complement to stocks, bonds, and other investments than as a primary retirement ****** et.
Gold may help diversify a portfolio because it can perform differently from stocks and bonds under certain market conditions. But gold also has drawbacks, including lower long-term returns than stocks and, in the case of a gold IRA, potentially high storage and custodial fees.
How much gold belongs in your retirement portfolio depends on factors including your age, risk tolerance, time until retirement, and investment goals.
Gold can help diversify a retirement portfolio, but it shouldn't replace stocks, bonds, and other investments.
#Portfolio #including
Gold can play a role in a diversified retirement portfolio, but it's generally better suited as a complement to stocks, bonds, and other investments than as a primary retirement ****** et.
Gold may help diversify a portfolio because it can perform differently from stocks and bonds under certain market conditions. But gold also has drawbacks, including lower long-term returns than stocks and, in the case of a gold IRA, potentially high storage and custodial fees.
How much gold belongs in your retirement portfolio depends on factors including your age, risk tolerance, time until retirement, and investment goals.
Gold can help diversify a retirement portfolio, but it shouldn't replace stocks, bonds, and other investments.
#Portfolio #including
30 days ago
Cheapest freight isn't always best, especially when a late shipment can cost millions. ShipStation Global CEO Tom Madine breaks down why SMB shippers need parcel, LTL and truckload in one workflow, and why better freight decisions now matter more than just lower rates. From the merger that created ShipStation Global to adding more modes into the platform, this conversation gets into where shipping tech is heading, how data shapes carrier selection, and what smaller shippers actually need from logistics partners. #FreightTech #LTL #SupplyChain
ShipStation Global is formally launching its less-than-truckload product, marking the first tangible freight expansion since the merger of software provider Auctane, formerly the parent of the Stamps.com andShipStation,and WWEX Group, which previously housed freight brokerages like Worldwide Express. The company's CEO said the rollout represents the opening move in a broader strategy to let small and midsize shippers purchase and manage all transportation modes through a single platform.
"Today's the first day we've really launched the LTL product," said Tom Madine, CEO of ShipStation Global, noting the company plans to add truckload, final mile, and eventually ocean and forwarding capabilities after establishing its inland position.
The strategic rationale centers on eliminating the workflow gap that forced ShipStation users to leave the platform whenever they needed to move freight beyond parcel. Customer surveys repeatedly flagged the absence of additional modes as the top improvement request, he said. With LTL now integrated, shippers can manage inbound inventory movements alongside outbound parcel without switching systems.
"Cheapest is not always best…But at the same time, you don't want to overpay," Madine said, illustrating the point with a customer whose engine shipments carry multi-million-dollar consequences if delayed.
#madine #shippers #parcel #cheapest
ShipStation Global is formally launching its less-than-truckload product, marking the first tangible freight expansion since the merger of software provider Auctane, formerly the parent of the Stamps.com andShipStation,and WWEX Group, which previously housed freight brokerages like Worldwide Express. The company's CEO said the rollout represents the opening move in a broader strategy to let small and midsize shippers purchase and manage all transportation modes through a single platform.
"Today's the first day we've really launched the LTL product," said Tom Madine, CEO of ShipStation Global, noting the company plans to add truckload, final mile, and eventually ocean and forwarding capabilities after establishing its inland position.
The strategic rationale centers on eliminating the workflow gap that forced ShipStation users to leave the platform whenever they needed to move freight beyond parcel. Customer surveys repeatedly flagged the absence of additional modes as the top improvement request, he said. With LTL now integrated, shippers can manage inbound inventory movements alongside outbound parcel without switching systems.
"Cheapest is not always best…But at the same time, you don't want to overpay," Madine said, illustrating the point with a customer whose engine shipments carry multi-million-dollar consequences if delayed.
#madine #shippers #parcel #cheapest
1 month ago
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(1 min)
South Korea’s headline inflation rose above 3% again in August after easing the previous month, supporting the central bank’s back-to-back rate increases to curb price pressures.
#above
Listen
(1 min)
South Korea’s headline inflation rose above 3% again in August after easing the previous month, supporting the central bank’s back-to-back rate increases to curb price pressures.
#above
1 month ago
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Nvidia Corp. (NASDAQ:NVDA) just posted another record quarter, with revenue up 106% to $96.2 billion and profit more than doubling to $59.7 billion.
Howard W. French, a former New York Times Tokyo bureau chief who covered the aftermath of ****** an's bubble, says his first reaction was fear.
In a Foreign Policy column, French argues the financing structure forming around Nvidia increasingly resembles corporate ****** an in the late 1980s.
French notes the S&P 500 trades at about 23 times expected earnings, roughly a third of Tokyo's multiple in December 1989. His concern is less about Nvidia's valuation than the increasingly intertwined relationships between the chipmaker and its customers.
#times
Nvidia Corp. (NASDAQ:NVDA) just posted another record quarter, with revenue up 106% to $96.2 billion and profit more than doubling to $59.7 billion.
Howard W. French, a former New York Times Tokyo bureau chief who covered the aftermath of ****** an's bubble, says his first reaction was fear.
In a Foreign Policy column, French argues the financing structure forming around Nvidia increasingly resembles corporate ****** an in the late 1980s.
French notes the S&P 500 trades at about 23 times expected earnings, roughly a third of Tokyo's multiple in December 1989. His concern is less about Nvidia's valuation than the increasingly intertwined relationships between the chipmaker and its customers.
#times
1 month ago
CrowdStrike Holdings (CRWD) just reported earnings, and its CEO, George Kurtz, had some strong words to describe it. The CEO said it was the best quarter in the company's history and that the results have now set a new bar. The market seems to agree, as the stock jumped more than 20% in a single trading session after the report. Revenue rose 26% to $1.47 billion, beating expectations, and the company raised its guidance for the rest of the year.
The standout figure was net new annual recurring revenue, the fresh subscription business added in the quarter. It hit a record $333 million, up 51% from a year ago. Management added to investors' excitement by lifting its full-year forecast for net new ARR growth to 34%. Kurtz said securing AI is now the largest market opportunity in the company's history. Investors weren't the only ones that liked what they saw. Well over a dozen ******* yst firms, including Morgan Stanley, UBS, and Well Fargo all raised their price targets.
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#billion
The standout figure was net new annual recurring revenue, the fresh subscription business added in the quarter. It hit a record $333 million, up 51% from a year ago. Management added to investors' excitement by lifting its full-year forecast for net new ARR growth to 34%. Kurtz said securing AI is now the largest market opportunity in the company's history. Investors weren't the only ones that liked what they saw. Well over a dozen ******* yst firms, including Morgan Stanley, UBS, and Well Fargo all raised their price targets.
Jeff Bezos' Heartfelt Tribute to Dolly Parton Drew Brutal Backlash: 'Nobody Wanted to Hear This From You' — He Once Gave Her $100 Million for Charity
Intel vs. AMD: Why the Market Share Number Is Misleading
A $100 Billion Buildout In Louisiana Is Planned for Starship. What This Means for SPCX Stock.
#billion
1 month ago
Turnarounds in the healthcare sector do not all look the same. Some companies recover because management executes better, launches stronger products, and improves operations, while others do so because the industries they serve begin improving after prolonged downturns.
Medtronic (NYSE:MDT) and Thermo Fisher Scientific (NYSE:TMO) are two of healthcare's most closely watched recovery stories, but they are being driven by very different forces. The question for investors is whether Medtronic's (NYSE:MDT) internally driven turnaround or Thermo Fisher's (NYSE:TMO) improving end markets offer the stronger long-term opportunity.
The latest results reinforce that Medtronic's (NYSE:MDT) turnaround is beginning to translate into measurable financial performance. The company reported its highest annual revenue growth in a decade, suggesting that years of investment in new technologies are beginning to gain traction.
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. Several of the company's newer product launches are beginning to contribute meaningfully to growth, helping strengthen its competitive position in several high-growth markets. It is also heavily investing in innovation and M&A, along with targeted investments in high-growth segments such as ICE catheter technology.
While Medtronic's (NYSE:MDT) recovery is being driven by internal execution and product innovation, Thermo Fisher's (NYSE:TMO) outlook increasingly depends on improving customer spending across the life sciences industry. What stood out most from Thermo Fisher's (NYSE:TMO) quarter was the breadth of the recovery across its life sciences businesses. Management highlighted improving customer activity across pharmaceutical and biotechnology markets, while multiple operating segments returned to healthy growth. That is an important distinction because broader participation across business segments suggests customer spending is becoming healthier rather than merely stabilizing in one niche.
#improving #driven
Medtronic (NYSE:MDT) and Thermo Fisher Scientific (NYSE:TMO) are two of healthcare's most closely watched recovery stories, but they are being driven by very different forces. The question for investors is whether Medtronic's (NYSE:MDT) internally driven turnaround or Thermo Fisher's (NYSE:TMO) improving end markets offer the stronger long-term opportunity.
The latest results reinforce that Medtronic's (NYSE:MDT) turnaround is beginning to translate into measurable financial performance. The company reported its highest annual revenue growth in a decade, suggesting that years of investment in new technologies are beginning to gain traction.
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. Several of the company's newer product launches are beginning to contribute meaningfully to growth, helping strengthen its competitive position in several high-growth markets. It is also heavily investing in innovation and M&A, along with targeted investments in high-growth segments such as ICE catheter technology.
While Medtronic's (NYSE:MDT) recovery is being driven by internal execution and product innovation, Thermo Fisher's (NYSE:TMO) outlook increasingly depends on improving customer spending across the life sciences industry. What stood out most from Thermo Fisher's (NYSE:TMO) quarter was the breadth of the recovery across its life sciences businesses. Management highlighted improving customer activity across pharmaceutical and biotechnology markets, while multiple operating segments returned to healthy growth. That is an important distinction because broader participation across business segments suggests customer spending is becoming healthier rather than merely stabilizing in one niche.
#improving #driven
1 month ago
Sustainable Growth Advisers (SGA), an investment management company, released its second-quarter 2026 investor letter for its "Global Growth Strategy." The letter can be downloaded here. The SGA Global Growth Portfolio returned 7.4% gross and 7.2% net, compared with 14.9% for the MSCI ACWI and 19.8% for the MSCI ACWI Growth Index. Momentum leadership and enthusiasm around AI infrastructure drove markets, with semiconductor, memory, and hardware stocks accounting for much of the gain. Although the portfolio owned AI beneficiaries, broader holdings lagged despite fundamentals, as median revenue and EPS growth reached 12% and 14% and more than 60% of the holdings beat expectations. SGA believes valuation compression reflects sentiment rather than weaker business quality, leaving the portfolio near its widest discount to the market since inception. The firm continues to favor durable compounders and expects 16% revenue growth and 20% earnings growth over three years. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Alcon Inc. (NYSE:ALC). Alcon Inc. (NYSE:ALC) is a Swiss-based healthcare and medical technology company focused on eye care products. On August 21, 2026, Alcon Inc. (NYSE:ALC) closed at $73.63 per share. The one-month return of Alcon Inc. (NYSE:ALC) was 9.44% and its shares lost 8.83% over the past 52 weeks. Alcon Inc. (NYSE:ALC) has a market capitalization of $36.68 billion.
SGA Global Growth Strategy stated the following regarding Alcon Inc. (NYSE:ALC) in its Q2 2026 investor letter:
"During the quarter, we exited our position in Alcon Inc. (NYSE:ALC). Alcon remains a leader in eye care with exposure to increasing secular demand driven by aging and myopia, with market leadership across multiple categories. Strong launches in new equipment and eye drops drove topline growth of 6% constant currency and earnings per share growth of 16%+ in Q1. This was slightly below expectations of 7% growth, as the market for cataracts and contact lenses remains subdued. Additionally, the premium intraocular lens for cataracts is getting more competitive, with Alcon remaining the leader but expected to continue to cede share from the highs of 80%+ as competitors are catching up. Management continues to execute well on product launches to offset pressures in intraocular lens, which accounts for 17% of total sales. However, to account for the increased competition and subdued market conditions overall, we gradually reduced the position before ultimately redeploying the capital into a higher growth opportunity in Schneider Electric."
#market #strategy #Portfolio #quarter
In its second-quarter 2026 investor letter, SGA Global Growth Strategy highlighted Alcon Inc. (NYSE:ALC). Alcon Inc. (NYSE:ALC) is a Swiss-based healthcare and medical technology company focused on eye care products. On August 21, 2026, Alcon Inc. (NYSE:ALC) closed at $73.63 per share. The one-month return of Alcon Inc. (NYSE:ALC) was 9.44% and its shares lost 8.83% over the past 52 weeks. Alcon Inc. (NYSE:ALC) has a market capitalization of $36.68 billion.
SGA Global Growth Strategy stated the following regarding Alcon Inc. (NYSE:ALC) in its Q2 2026 investor letter:
"During the quarter, we exited our position in Alcon Inc. (NYSE:ALC). Alcon remains a leader in eye care with exposure to increasing secular demand driven by aging and myopia, with market leadership across multiple categories. Strong launches in new equipment and eye drops drove topline growth of 6% constant currency and earnings per share growth of 16%+ in Q1. This was slightly below expectations of 7% growth, as the market for cataracts and contact lenses remains subdued. Additionally, the premium intraocular lens for cataracts is getting more competitive, with Alcon remaining the leader but expected to continue to cede share from the highs of 80%+ as competitors are catching up. Management continues to execute well on product launches to offset pressures in intraocular lens, which accounts for 17% of total sales. However, to account for the increased competition and subdued market conditions overall, we gradually reduced the position before ultimately redeploying the capital into a higher growth opportunity in Schneider Electric."
#market #strategy #Portfolio #quarter
1 month ago
Klarna Group plc (NYSE:KLAR) reported second-quarter net income of $9 million, reversing a $53 million loss a year earlier and remaining profitable after posting positive net income in the first quarter of 2026. Revenue increased 27% to $1.04 billion, while transaction margin dollars rose 42% to $446 million. Yet the shares closed 22.8% lower as investors focused on weaker expectations for the rest of the year.
Klarna Group plc (NYSE:KLAR) reduced its 2026 gross merchandise volume forecast to $149 billion to $151 billion from more than $155 billion and lowered its revenue outlook to $4.08 billion to $4.16 billion from more than $4.34 billion. Management cited weaker expectations for Germany, its largest market by volume. Currency movements accounted for approximately $600 million of the reduction in full-year GMV guidance.
The reported quarter showed continued growth and improved profitability, but the revised forecasts suggested that momentum in a core European market is slowing. For Klarna Group plc (NYSE:KLAR), the central question is whether better transaction economics can outweigh weaker growth expectations.
U.S. GMV increased 27%, outpacing companywide GMV growth of 18%, while credit loss provisions declined to 0.52% of GMV from 0.56%. Klarna Group plc (NYSE:KLAR) also increased transaction margin dollars to 42.8% of revenue, more than 4.5 percentage points higher than a year earlier.
Klarna Group plc (NYSE:KLAR) raised its full-year transaction-margin-dollar forecast to $1.62 billion to $1.65 billion and expects company-defined non-IFRS adjusted operating income of $280 million to $300 million. Transaction margin dollars, another company-defined non-IFRS measure, equal revenue less processing and servicing costs, credit loss provisions, and funding costs. The expansion indicates that higher volume is producing stronger economics after those direct costs.
#revenue
Klarna Group plc (NYSE:KLAR) reduced its 2026 gross merchandise volume forecast to $149 billion to $151 billion from more than $155 billion and lowered its revenue outlook to $4.08 billion to $4.16 billion from more than $4.34 billion. Management cited weaker expectations for Germany, its largest market by volume. Currency movements accounted for approximately $600 million of the reduction in full-year GMV guidance.
The reported quarter showed continued growth and improved profitability, but the revised forecasts suggested that momentum in a core European market is slowing. For Klarna Group plc (NYSE:KLAR), the central question is whether better transaction economics can outweigh weaker growth expectations.
U.S. GMV increased 27%, outpacing companywide GMV growth of 18%, while credit loss provisions declined to 0.52% of GMV from 0.56%. Klarna Group plc (NYSE:KLAR) also increased transaction margin dollars to 42.8% of revenue, more than 4.5 percentage points higher than a year earlier.
Klarna Group plc (NYSE:KLAR) raised its full-year transaction-margin-dollar forecast to $1.62 billion to $1.65 billion and expects company-defined non-IFRS adjusted operating income of $280 million to $300 million. Transaction margin dollars, another company-defined non-IFRS measure, equal revenue less processing and servicing costs, credit loss provisions, and funding costs. The expansion indicates that higher volume is producing stronger economics after those direct costs.
#revenue
2 months ago
Marvell Technology (MRVL) stock has pulled back after a significant rally, falling 35.6% from the 52-week high. Despite the sell-off, most **** ysts covering MRVL remain bullish ahead of its Q2 earnings release scheduled for Aug. 27.
Analysts' optimism stems from solid customer demand for Marvell's data center products and strong bookings that point to a multiyear growth cycle.
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#Trump
Analysts' optimism stems from solid customer demand for Marvell's data center products and strong bookings that point to a multiyear growth cycle.
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#Trump
2 months ago
The bulls have returned to Target's (TGT) stock in a big way this year on hopes for a turnaround under new CEO Michael Fiddelke.
That upbeat thesis — which has powered shares up 59% this year — is about to be put to the test later this week when the company reports second quarter earnings. But even if Target delivers on the quarter and raises its full-year profit guidance as expected, it may not be enough to keep the stock price charging higher.
"Investor expectations are very elevated into Target's second quarter print, but we believe the more important debate is whether improving store and merchandising execution supports confidence in growth durability in FY27 and beyond," Deutsche Bank ******* yst Krisztina Katai said.
Target is expected to post a second quarter comparable sales increase of 2.3% and earnings of $2.29. Comparable sales fell 1.5% in last year's second quarter amid a host of merchandising execution issues. Earnings came in at $2.05.
Since the start of 2026, however, Target has moved quickly to rewrite its merchandising wrongs.
#earnings
That upbeat thesis — which has powered shares up 59% this year — is about to be put to the test later this week when the company reports second quarter earnings. But even if Target delivers on the quarter and raises its full-year profit guidance as expected, it may not be enough to keep the stock price charging higher.
"Investor expectations are very elevated into Target's second quarter print, but we believe the more important debate is whether improving store and merchandising execution supports confidence in growth durability in FY27 and beyond," Deutsche Bank ******* yst Krisztina Katai said.
Target is expected to post a second quarter comparable sales increase of 2.3% and earnings of $2.29. Comparable sales fell 1.5% in last year's second quarter amid a host of merchandising execution issues. Earnings came in at $2.05.
Since the start of 2026, however, Target has moved quickly to rewrite its merchandising wrongs.
#earnings
