Millions of Americans recently received unwelcome news about their cell phone bills.
In late June, T-Mobile (TMUS) said it was retiring over 1,000 older plans, shifting customers to newer offerings at an added cost of as much as $6 per line per month. And starting in August, AT&T (T) hiked rates on some of its older plans by $10 to $20 and increased a monthly per-line fee by $1.
The changes contributed to a steep 5.9% jump in Americans' wireless bills from July to August alone, according to Consumer Price Index data. It was the largest single-month jump since the Bureau of Labor Statistics began tracking the category nearly three decades ago.
In a twist, last month's rising phone bills may have helped convince the Federal Reserve to implement its first interest rate hike in three years. The steep price jump likely contributed about 10 basis points of August's 0.3% month-over-month rise in core consumer prices, according to Wall Street ******* ysts. The hotter-than-expected jump in this category, which strips out price changes in the particularly volatile food and energy sectors, helped cement expectations for the Fed's 25 basis point hike to benchmark rates last Wednesday.
Read more: How the Fed rate decision affects your bank accounts, loans, credit cards, and investments

#august #plans

Parnassus Investments, an investment management company, released the "Parnassus Growth Equity Fund" second-quarter 2026 investor letter. The letter can be downloaded here. During the quarter, the Fund (Investor Shares) returned 17.49% (net of fees), outperforming the Russell 1000 Growth Index's 16.74%. Holdings in Information Technology and Consumer Discretionary sectors boosted relative returns, while Communication Services and Financials holdings detracted. For the year-to-date period, the Fund returned 6.17% (net of fees), outperforming the Russell 1000 Growth's 5.33%. The firm remains constructively bullish on U.S. equities and continues to be selective, valuation-sensitive, and focused on disruptive growth opportunities through active stock selection. Growth stocks advanced during the second quarter, as the Russell 1000 Growth Index generated strong double-digit returns driven by increased confidence in the durability of the ongoing artificial intelligence (AI) infrastructure build-out. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Parnassus Growth Equity Fund highlighted Insmed Incorporated (NASDAQ:INSM). The Fund exited its position in Insmed Incorporated (NASDAQ:INSM), a clinical-stage biotechnology company that develops and commercializes therapies for patients with serious and rare diseases, during the quarter. On September 15, 2026, Insmed Incorporated (NASDAQ:INSM) closed at $119.92 per share. Over the past month, Insmed Incorporated (NASDAQ:INSM) declined 7.49%, but its shares are down 16.51% over the past year. Insmed Incorporated (NASDAQ:INSM) has a market capitalization of $26.19 billion, and its stock has traded within a 52-week range of $90.39 and $212.75.
Parnassus Growth Equity Fund stated the following regarding Insmed Incorporated (NASDAQ:INSM) in its Q2 2026 investor letter:
"Insmed Incorporated (NASDAQ:INSM)shares fell after sales of the biopharmaceutical company's new lung drug Brinsupri fell short of ****** ysts' expectations. We exited the position during the quarter. Insmed's thesis had largely played out following positive TPIP data and upward revisions to Brinsupri sales. We redeployed capital to Twist Bioscience, which offers a longer runway for growth."
Insmed Incorporated (NASDAQ:INSM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 88 hedge fund portfolios held Insmed Incorporated (NASDAQ:INSM) at the end of the second quarter, compared to 67 in the previous quarter. While we acknowledge the potential of Insmed Incorporated (NASDAQ:INSM) 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.

#Growth #parnassus

Chemical manufacturer OXEA has selected Uber Freight as its strategic logistics provider across the U.S., Canada, Mexico and Europe as the company moves to consolidate regional transportation operations into a more unified global network.
Houston-based OXEA said Uber Freight will manage day-to-day transportation execution across truckload, rail and ocean freight, using technology, data and logistics services to provide greater visibility across the chemical manufacturer's supply chain.
The agreement represents Uber Freight's (NYSE: UBER) first managed transportation engagement designed from the outset to span the U.S., Canada, Mexico and Europe, according to the companies.
OXEA manufactures oxo intermediates and oxo performance chemicals used in products including coatings, lubricants, cosmetics, pharmaceuticals, flavors and fragrances, printing inks and plastics. The company employs more than 1,200 people and sells chemicals in more than 60 countries.
The partnership is intended to replace a more regionally segmented approach to transportation management with an integrated operation connecting OXEA's plants, carriers and customers.

#Transportation #Logistics

The artificial intelligence infrastructure race is moving from a chip shortage story into a race for something harder to manufacture: data center capacity. Land, electricity, and finished buildings are becoming the bottlenecks as hyperscalers pour hundreds of billions of dollars into AI. That is creating an opening for a new breed of cloud providers that can secure capacity where the largest cloud companies cannot.
At Thursday's Goldman Sachs Communacopia + Technology Conference, Nvidia (NVDA) CEO Jensen Huang made clear that he sees this market expanding for years—and his comments were particularly bullish for CoreWeave (CRWV) and Nebius Group (NBIS).
Dear ***** eX Stock Fans, Mark Your Calendars for September 21
How to Play IBM Stock as It Teams Up with NASA to Launch a New Open-Source Model
GF Securities Says NAND Prices May Stabilize Later This Year. What This Means for Sandisk Stock.

#capacity #land

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For most of human history, the population pyramid looked exactly as its name suggests: a wide base of young people supporting a much smaller group at the top.
Now, that pyramid is beginning to flip — and Elon Musk is sounding the alarm.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold

#pyramid #musk

This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter.
The Campbell's Company cut 13% of its salaried workforce as part of a plan to slash $500 million in costs by 2030, with CEO Mick Beekhuizen saying the company needs to take "decisive action" to improve performance.
The packaged food maker is also closing two snack plants as it aims to protect margins and support higher levels of investment. Campbell's added it will cut its quarterly dividend by 36% to generate savings that will be directed to other parts of its business.
The announcement comes as Campbell's posted a loss during its fourth quarter, with sales slipping 8% to $2.14 billion. Sales in its snacks business, which includes Goldfish and Pepperidge Farm, plunged 12% during the period. In meals and beverages, home to Rao's, V8 and its iconic soups, sales dipped 4%.
As consumers continue to rein in their spending, food companies are feeling the heat. Beekhuizen said cost cuts at Campbell's are necessary to support greater investment in brands to position them for success.

#sales #investment

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.
Michael Dell went on X Tuesday night and posted this: "There's an old Texas saying I may have just made up... If you keep growing EPS 200%+ y/y something good will happen."
He has earned the right to make up sayings. Dell reported $7.04 in adjusted earnings against the $4.92 Wall Street wanted, on revenue of $46.97 billion against $44.92 billion. Revenue grew 58% and beat every estimate on the street. Net income went from $1.16 billion a year ago to $4.13 billion. Shares rose 9% after hours, on top of a stock up 236% this year against the S&P's 11%.
Then Dell said what next quarter looks like, which is where it stops being a good print and starts being ridiculous. Third-quarter guidance came in at $6.50 a share on $49 billion, implying 81% growth. ******* ysts had penciled in $4.49 and $41.42 billion. Dell guided $7.6 billion above consensus for one quarter, more revenue than most S&P 500 companies book in a year.
The full-year number is the one to sit with. Dell now sees $25.50 in adjusted EPS on $192 billion of revenue. In May, it said $17.90 on $165 billion to $169 billion. Over 3 months, Dell added roughly $25 billion of expected revenue and 42% to its own earnings forecast, the corporate equivalent of checking the couch cushions and finding a Honda Accord.

#Stock

Interested in Union Pacific Corporation? Here are five stocks we like better.
STB review is advancing: Union Pacific said the Surface Transportation Board's 12-month review of its proposed Norfolk Southern merger began after the application was accepted on May 28, 2026. The company expects the deal could close in the third or fourth quarter of 2027.
Projected merger benefits remain substantial: Union Pacific estimates the combination could remove 2.1 million truckloads from highways annually, generate $3.5 billion in shipper savings, and deliver approximately $1.8 billion in annual revenue synergies plus $1 billion in cost synergies.
Competitive concerns are being addressed: The company has proposed pricing and service protections for shippers and reached agreements with Canadian National intended to ease concentration concerns and expand routing options. Executives said they remain confident the merger will meet the STB's public-interest requirements.
Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming Due

#pacific #billion #remain #concerns

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.
Why we like it: If you want to earn valuable travel rewards on your everyday business expenses, look no further than the Amex Blue Business Plus. It has a no-hassle rewards rate that works for any eligible purchase (so no confusing bonus categories to worry about), plus you can use an intro APR offer on purchases as a new cardmember.
Read our full Amex Blue Business Plus review
Why we like it: The American Express Business Gold card offers a mix of everyday rewards and valuable benefits that can help reduce costs for your business long-term. Top 4x rewards apply to the first $150,000 you spend annually in the two eligible categories where you spend most each month. Eligible categories include advertising purchases from U.S. media providers in select media, U.S. purchases from electronic goods retailers and software and cloud system providers, U.S. restaurants, U.S. gas stations, transit, and monthly wireless phone service charges from U.S. providers.
In addition to rewards, annual credits toward eligible business purchases and an auto-renewing Walmart+ membership can go a long way toward helping offset the annual fee (see rates & fees). Plus, you can score a huge welcome bonus as a new cardholder.

#business #eligible #categories #blue

The U.S. Federal Trade Commission, joined by 22 states, has sued Amazon.com, Inc. (NASDAQ:AMZN) over allegations that the company secretly inflated prices in its advertising auctions for more than seven years. The FTC alleges that Amazon used an undisclosed "soft reserve price" to raise the amount advertisers paid above what competitive bidding would have produced.
According to the complaint, the practice affected more than one million brands and sellers and may have generated tens of billions of dollars in additional revenue for Amazon. The FTC also alleges that the pricing changes became increasingly aggressive, with advertisers paying their own bids roughly 80% of the time for Sponsored Products by 2024.
Amazon.com, Inc. (NASDAQ:AMZN) disputes the allegations, arguing that the FTC misunderstands how its advertising auctions work and that its pricing practices improve ad relevance and value for advertisers.
Photo by Bryan Angelo on Unsplash
The biggest positive for Amazon.com, Inc. (NASDAQ:AMZN) is that the lawsuit does not immediately undermine the underlying strength of its advertising business. Amazon generated about $68 billion in advertising revenue in 2025, making advertising an increasingly important and high-margin contributor to the company's overall profitability.

#amazon #amzn #allegations

Tennessee's 9.55% combined sales tax and surging homeowners insurance drain fixed-income retirees faster than its zero income tax saves them.
Bowling Green, Kentucky fully exempts Social Security, ranks 18th in sales tax nationally, and offers housing untouched by Tennessee's migration-driven price surge.
A $600,000 portfolio at 4% withdrawal closes a $22,000 income gap after Social Security covers $48,000 of a $70,000 annual retirement budget.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Every few months, somebody brings up Tennessee as the obvious retirement move. No state income tax, mild winters, Nashville has a fun scene, and the mountains are nice to look at. It has become the default answer for anyone trying to stretch a retirement portfolio. But here is the question **** ody seems to ask.

#Retirement #learn

Snap (NYSE:SNAP), a camera-first social platform with augmented reality and advertising, closed at $5.42, down 8.53%. Pennsylvania's attorney general sued Snap over Snapchat's design and child-safety claims. Investors are watching follow-up legal risk and product disclosures. Trading volume reached 64.4M shares, coming in about 53% above its three-month average of 42.0M shares. Snap IPO'd in 2017 and has fallen 78% since going public.
S&P 500 (SNPINDEX:^GSPC) closed at 7,675, down 0.04%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,130, down 0.08%. Among internet content and information, digital advertising and social media peers, Meta Platforms (NASDAQ:META) closed at $576.14, up 1.07%, while Pinterest (NYSE:PINS) closed at $23.32, down 1.44%, showing mixed sentiment across ad-supported apps.
Pennsylvania's attorney general sued Snap yesterday, claiming that Snapchat kept "young users compulsively engaged," while lacking necessary safety standards and guardrails for age-appropriate content. This lawsuit was filed less than one day before Meta Platforms agreed to pay a historic $17.1 billion settlement for similar issues with children using its social media platforms.
However, while Meta has been battling this lawsuit for months, Snap's situation is brand new, prompting the market to send its shares down 9% today. A.G. Dave Sunday specifically cited Snap's Snapstreaks (which can be restored with a payment), disappearing messages, infinite scrolling, and "T for teen" rating as some of the many issues in the complaint.
Snap stock remains an unprofitable company -- though it is getting closer to breakeven -- and continues to rely heavily upon stock-based compensation, diluting shareholder value over time. With sales growth slowing over the last three years, yesterday's lawsuit against Snap, and today's ruling against Meta, I'm just not interested in the social media stock today, regardless of its popularity. It may simply be a better app than a company.

#snap #closed #lawsuit

Oklahoma City, Oklahoma-based Expand Energy Corporation (EXE) operates as an independent natural gas production company. Valued at $22.3 billion by market cap, the company discovers, develops, and acquires conventional and unconventional natural gas, oil, and natural gas liquids reserves.
Shares of this independent natural gas production company have underperformed the broader market over the past year. EXE has gained 1.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.3%. In 2026, EXE stock is down 12.7%, compared to the SPX's 11.8% rise on a YTD basis.
Crude Prices Sharply Lower as Oil Supplies Move Through Strait of Hormuz
Crude Prices Fall as Oil Supplies Move Through the Strait of Hormuz
Why This Week Looks to Be Fun

#company #prices

Michael Saylor says Bitcoin passes what he calls the Bernard Arnault test, a rule he uses to decide whether an **** et deserves serious money.
The Strategy executive chairman posted the argument on Monday in a short video clip on X, urging followers to think like a billionaire before committing capital.
Bernard Arnault chairs LVMH Louis Vuitton Moët Hennessy, the luxury group behind Louis Vuitton, Sephora and Tiffany & Co. The company owns 75 fashion and cosmetics labels. Forbes ranks Arnault 11th in the world with $142.3 billion.
Saylor borrows the name as shorthand for buyers at the very top of the wealth ladder. His test turns on a single question about future demand.
"Bitcoin passes the Bernard Arnault test. The Bernard Arnault test is this: I have a lot of money, what should I invest it in? I should buy something that someone richer than me, smarter than me, and more cultured than me will want to buy from me in ten years," Saylor said.

#saylor #passes #michael

Wheat is trading with mixed action early on Wednesday with CBT holding higher and the hard wheats fading lower. The wheat complex was mixed on Tuesday, with the spring wheat market holding up and winter wheats on the weaker side. Chicago SRW contracts was mixed, with front months down 1 to 10 ¼ cents and deferreds fractionally to 2 cents higher. Open interest slipped 7,720 contracts mainly on liquidation in the September contract (-14,165). KC HRW futures was the weakest of the wheat markets, with contracts down 5 ¼ to 15 cents at the close. Open interest was up just 168 contracts. MPLS spring wheat was the firmer of the three exchanges, with contracts fractionally to 1 ¼ cents higher across most months.
This week's NASS Crop Progress spring wheat conditions up 1% at 52% gd/ex, with the Brugler500 index back up 5 points to 344. The only states with dropping conditions were MT (-3) and WA (-5), with ID (+8), ND (+5), MN (+4) seeing improvement.
Tighter Coffee Supplies Push Prices Sharply Higher
Cocoa Prices Fall on Exceptional Growing Conditions in West Africa
Global Supply Concerns Fuel a Rally in Sugar Prices

#higher #cents #mixed #holding

Vishal Garg has long invoked "the American dream" as the motivation behind Better Home & Finance, known as Better, the online mortgage firm he launched 10 years ago to make mortgages more accessible.
But his own dreams appear to be going up in flames. Garg — who abruptly dismissed 900 employees via Zoom in December 2021 — was himself abruptly fired this month. As Forbes reports, Better's board ousted Garg because under his watch, the business experienced $1.5 billion in losses and its stock price cratered 90%.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#make #american #home

Nebius (NASDAQ: NBIS) has been steadily raising its capacity guidance for the end of 2026. The company told investors in February that it expected to have 3 gigawatts of contracted power by the end of 2026. That number jumped to 4 gigawatts in May, and when the company released second-quarter results in August, it told investors to expect 5 gigawatts by the end of the year.
This steady growth comes as the company adds new sites throughout North America and Europe. It also suggests that the stock's rally isn't close to over, even though its price has almost tripled year to date.
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 »
Nebius operates in one of the hottest industries right now. It's the largest of the neocloud providers -- a group of companies that's playing a critical role in the artificial intelligence (AI) boom. Tech giants like Meta Platforms (NASDAQ: META) and Microsoft (NASDAQ: MSFT) have already turned to Nebius to help them meet their AI capacity needs.
Meta Platforms has made multiple cloud compute deals this year, in addition to one last year. Its biggest deal came in at $27 billion over the next five years. It's split between a five-year, $12 billion agreement and a second five-year, $15 billion deal. Nebius says it will start to deliver this capacity in early 2027.

#meta

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U.S. stock futures were mixed heading into Friday morning as Wall Street digested an impending batch of retail and consumer data against a backdrop of escalating tensions in the Middle East.
The Polymarket (CRYPTO: POL) crowd is leaning bullish for the Aug. 14 trading session. The "S&P 500 (SPX) Up or Down on August 14?" contract currently reflects a 57% chance of a higher open.
Traders are balancing domestic economic indicators against intense geopolitical frictions and yield pressures:
Mixed Index Futures: Equity futures are pointing to a mixed open. S&P 500 futures ticked up 0.01%, and Dow Jones futures advanced 0.06%. Conversely, Nasdaq 100 futures dipped 0.15% and Russell 2000 futures dropped 0.08%.

#futures #Friday

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.
Revenue growth was primarily driven by a 48% increase in ZELSUVMI prescription units, reflecting strong market adoption of the first and only FDA-approved at-home treatment for Molluscum Contagiosum (MC).
Management attributes the 81.3% unit increase within a major PBM to a strategic contract executed late last year, which significantly reduced patient friction and accelerated prescriber acquisition.
The company achieved top-line growth while simultaneously improving operational efficiency, reducing wholesale inventory days on hand by approximately three days during the quarter.
Strategic positioning is bolstered by new expert consensus guidelines published in the Journal of Drugs in Dermatology, which recognize ZELSUVMI as the sole at-home clinical option for pediatric MC.

#strategic #increase #tell

VOO crossed $1 trillion first in ETF history, charging 3 basis points against SPY's 9.45 for identical S&P 500 exposure.
SPYM charges just 0.02%, undercutting even VOO, but its $916 million ****** et base delivers wider spreads and nearly no options coverage.
SPY's 75% five-year gain means taxable account holders face a capital gains bill that could erase years of fee savings by switching.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The SPDR S&P 500 ETF Trust (NYSE:SPY) has been the default S&P 500 vehicle since January 23, 1993, and its $9.8 billion-plus ****** et base reflects three decades of habit, deep options liquidity, and institutional inertia. SPY holders own it for a reason: it is the most-traded ETF on the planet, and for anyone running short-dated options or executing block trades, that liquidity is a genuine feature. But a quieter rival is about to hit a milestone SPY never will at current fees. The Vanguard S&P 500 ETF (NYSEARCA:VOO) holds $1.03 trillion in ****** ets, making it the first ETF to cross the trillion-dollar mark, and it does so while charging SPY holders roughly one-third of the fee for the same 500 stocks.

#holders #first #liquidity #spym

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its "Mid Cap Strategy". A copy of the Q2 2026 investor letter can be downloaded here. In the quarter, equity markets posted strong returns as resilient economic growth and robust corporate earnings supported investor sentiment, although AI-related companies continued to dominate market leadership. Technology was the strongest-performing sector, while industrials also advanced and energy lagged as oil prices declined. The Fund returned 7.92% and the Russell Midcap Index returned 13.83%. Health care holdings were the largest positive contributor, supported by strength across managed care, diagnostics, and life sciences. However, stock selection and an underweight position in information technology remained the main relative headwinds. The strategy maintained limited exposure to highly valued semiconductor and memory companies, reflecting concerns that current valuations ***** ume an extended period of elevated AI spending. It also continued to ***** s software and services businesses individually based on how AI may affect their long-term competitive positions. Management emphasized higher-quality companies, attractive valuations, capital preservation, and durable long-term compounding while remaining cautious about elevated valuations, concentrated leadership, and the sustainability of the current AI investment cycle. Please review the Strategy's top five holdings for its key selections.
In its Q2 2026 investor letter, Diamond Hill Capital Mid Cap Strategy highlighted Regal Rexnord Corporation (NYSE:RRX) as a notable contributor. Regal Rexnord Corporation (NYSE:RRX) is a leading industrial company that offers sustainable power solutions, transmission, and control motion products. On August 4, 2026, Regal Rexnord Corporation (NYSE:RRX) closed at $220.04 per share, reflecting a market capitalization of $12.59 billion. Regal Rexnord Corporation (NYSE:RRX) posted a one-month return of -10.87%, while its shares gained 27.56% over the past 52 weeks.
Diamond Hill Capital Mid Cap Strategy stated the following regarding Regal Rexnord Corporation (NYSE:RRX) in its Q2 2026 investor letter:
"Shares of electrical product manufacturer Regal Rexnord Corporation (NYSE:RRX) rose in 2Q26 after reporting solid results on strong data center demand. Merger synergies and operational improvement initiatives drove better-than-expected organic growth and margin expansion, and we believe the market has yet to fully reflect the benefits of these efforts."

#regal #corporation #NYSE #capital

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Wondering how to get cheap life insurance? It may be easier than you think. A new study by LIMRA found that adults under age 30 overestimate the cost of life insurance by 10 to 12 times more than it actually costs.
The reality is, some healthy adults could get affordable life insurance for about what they'd spend on a streaming subscription each month. The trick lies in buying coverage while you're young, choosing term life insurance over permanent coverage when appropriate, and comparing quotes from several insurers before making a decision.
For most people, cheap life insurance comes down to a policy you can comfortably afford. And the amount you can comfortably afford might look different from your friend, coworker, or neighbor.
Affordable life insurance also comes down to you getting a good price for the coverage you actually need. For example, a $500,000 policy will almost always cost less than a $1 million policy. But if your family would need far more than $500,000 to replace your income, pay off a mortgage, or cover future expenses, choosing the lowest premium could leave them financially vulnerable.

#insurance #coverage

Princeton, New Jersey-based Bristol-Myers Squibb Company (BMY) discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. With a market cap of $129.9 billion, the company offers products for oncology, hematology, immunology, cardiovascular, neuroscience, and other areas.
Shares of BMY have rallied the broader market over the past year, surging 33.9% compared to the S&P 500 Index's ($SPX) 16.3% surge. Moreover, in 2026, the stock has risen by nearly 17.9%, outpacing the SPX's 8.5% gain.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock

#products #bristol #squibb

Vinted, one of Europe's largest marketplaces for buying and selling pre-owned items between private individuals, will direct customers in Germany to ship or exchange goods through DHL Group's (XETRA: DHL) network of parcel lockers and digital kiosks, under a new strategic partnership aimed at making peer-to-peer purchases as convenient as ones through online retailers.
Private-party sales of used items through online marketplaces have become very popular in Germany. According to the latest DHL E-Commerce Trends Report, 67% of online shoppers in the country have already sold items via a digital platform.
Vinted and DHL announced Wednesday they are working together to expand and simplify the shipping and collection of Vinted parcels through DHL's network of Packstations (automated, self-service locker systems that allows users to send, receive and drop-off parcels around the clock), Poststations (digital Deutsche Post retail outlets where users can take care of postal business) and DeinFach lockers (a carrier neutral parcel locker network).
DHL operates the most extensive parcel shipping network in Germany, including 41,000 parcel drop-off and collection points at post offices, parcel shops and automated facilities.
The Vinted collaboration builds on a multi-month pilot program that both companies recently completed, DHL spokeswoman Sarah Preuss explained in an email message.

#parcel

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Getting rejected from jobs is frustrating. Getting rejected over and over again while being told it's your own fault can make it even worse.
That's the situation one Gen Z job seeker found themselves in after a heated argument with their father about today's hiring market. Despite months of searching, earning a forklift license and trying to move into technical roles, opportunities kept slipping away, the young worker said in a recent Reddit post.
"It must be YOU who is doing something wrong," they recalled their father telling them after a layoff. "I genuinely exploded because I spent months looking for any job."
Don't Miss:

#don 't

Mark Cuban sees another massive workplace shift coming, and it could impact how Americans build careers.
The billionaire investor of 'Shark Tank' fame believes AI could now play a much bigger role in how workers deal with challenging situations, sharpen their judgment, and prepare for more valuable work.
In turn, that allows businesses to train people a lot quicker and at a far lower cost.
Cuban is among the select group of investing giants who remain broadly optimistic about AI. He feels that businesses that embrace AI will become much more productive, while workers who use it will still find opportunities.
Nevertheless, that prediction underscores an uncomfortable trade-off.

#tank

Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank's fight against inflation still seems far from over. The Labor Department report that US consumer prices in June saw the first monthly drop since 2020 was met with relief in financial markets, where investors last week rapidly unwound bets that the central bank might start raising interest rates later this month. Rob Sockin, Chief Economist at PGIM, discusses his base case of three rate hikes in 2026.

#bond #labor #june

Twin Vee PowerCats (NASDAQ: VEEE) shares surged more than 370% on Monday, trading around $23, after the company announced a definitive agreement for a transformative transaction involving a merger with a subsidiary of USFM Corporation and the privatization of its marine business.
Under the agreement, a subsidiary of USFM Corporation, a developer of strategic mineral interests in Greenland, will merge with and into Twin Vee. Existing Twin Vee shareholders will receive equity in the combined public company as part of the transaction.
Before the merger closes, Twin Vee plans to establish a Delaware statutory trust that will hold the ****** ets and liabilities ****** ociated with its marine business, which includes the Twin Vee and Bahama Boat Works brands. Existing shareholders will receive non-transferable contingent value rights (CVRs) in the trust, which will entitle holders to potential future distributions generated from the operations of the privately held marine business.
The company said the structure is intended to unlock value for shareholders, provide the marine business with additional strategic and financial flexibility, and support future growth opportunities.
"This transaction represents an important milestone for the company," Kevin Schuyler, lead independent director of Twin Vee, said in a statement.

Dongfeng Motor is preparing to enter Canada's electric vehicle (EV) market, capitalising on a low-tariff quota negotiated by Prime Minister Mark Carney earlier this year.
The Chinese state-owned manufacturer will display EV models at a Montreal event this week and is currently pursuing certification for its vehicles with Canadian regulators.
Julie Mazorra Fernández, director of North World Industry – the firm set to distribute Dongfeng vehicles in Canada – was quoted in a Bloomberg report as saying the company anticipates launching its first two models next year.
In 2024, Carney's predecessor, Justin Trudeau, introduced a 100% tariff on Chinese-manufactured EVs, layered atop the existing 6.1% rate, which effectively excluded Chinese brands from the Canadian market and prompted Tesla to restructure its supply arrangements.
Carney struck a deal with Chinese President Xi Jinping in January to suspend the 100% surtax on as many as 49,000 Chinese-made EVs for an initial 12-month period, with China agreeing in return to lift its own tariffs on select Canadian farm exports.

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is setting its sights on small-company deals for its next leg of growth in investment banking.