HSBC Holdings plc (NYSE:HSBC) is winding down its transaction services business in Germany, with more than 300 positions at HSBC Transaction Services GmbH and HSBC Service Company Germany GmbH expected to be phased out by 2028. The division provides securities processing, administration and custody services.
HSBC said the move is part of its broader strategy to strengthen its position in businesses where it has competitive advantages and sees stronger growth opportunities. The decision follows HSBC Germany's sale of its private banking business to BNP Paribas last year, highlighting the bank's continued effort to streamline its European operations.
Northfoto/Shutterstock.com
The biggest positive for HSBC Holdings plc (NYSE:HSBC) is that the German exit could improve the bank's efficiency and profitability over time. Rather than continuing to allocate capital and employees to a transaction-services operation that HSBC apparently sees as less strategically attractive, the bank can redirect resources toward areas where it has stronger competitive advantages. This fits CEO Georges Elhedery's broader restructuring strategy of reducing complexity, cutting costs and concentrating HSBC on businesses with better growth prospects. Reuters has reported that HSBC has already been selling non-core operations as part of this transformation, while its shares have risen substantially since the restructuring began.
The timing could also be constructive. Germany's economy remains under pressure, with industrial production falling unexpectedly in July and manufacturing activity still facing significant challenges. Reducing exposure to a business tied to the German market could therefore protect HSBC Holdings plc (NYSE:HSBC) from maintaining costs in an environment where growth is relatively weak.

#german

Micron Technology (MU) is facing an unusual problem after one of the strongest stretches in the company's history. Workers in Taiwan are threatening to strike over Micron's bonus structure, with two unions representing roughly 10,000 employees at the company's Taoyuan and Taichung facilities pushing for changes. More than 80% of participating union members backed strike action in an August survey, although a formal strike has not yet been authorized.
The timing is awkward for Micron. Its Taiwan operations are central to its memory manufacturing network just as artificial intelligence (AI) demand has pushed DRAM and high-bandwidth memory (HBM) into an extraordinary upcycle.
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#memory #taichung

Anthropic, the developer of the Claude AI models, could be the biggest IPO of the year. Based on recent reports, that IPO might happen within weeks.
The AI start-up is planning to release its IPO prospectus after Labor Day and will be targeting a public listing in late September or early October, according to a report from The Information. It's exciting news for those who have been waiting for an opportunity to invest in Anthropic, but what's most interesting is how the deal is reportedly structured.
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 »
There are a few unique wrinkles in Anthropic's rumored IPO plans. Details leaked to The Information indicate it might allow existing shareholders to sell shares as part of the IPO, and it's also weighing the idea of lockup periods longer than the standard 180 days. In addition, it may require rank-and-file employees to sell shares through preset 10b5-1 plans instead of during post-earnings windows.
All these moves would be a departure from other IPOs this year, including **** e Exploration Technologies, also known as **** eX, and Cerebras. Neither allowed existing shareholders to sell as part of the IPO, and both have tiered lockup periods in which tranches of shares hit the market periodically.

#might #known

Snowflake Inc. (SNOW) call options saw unusually heavy volume today at a strike price higher than today's price and expiring in 9 days. That could signal either bullish sentiment or existing investors selling covered calls for extra income.
SNOW is trading at $306.92 in midday trading, down about 4% on the day. It's off from a recent peak of $337.38 on Aug. 13, but well up from a recent trough of $265.13 on July 23.
There's Finally 1 Covered Call ETF I Like. Here's What Makes It Stand Out.
Unusual Options Volume in Hewlett Packard Enterprise Co Ahead of Earnings Shows Investors Bullish on HPE
Marvell Technology Posts Lower FCF Margins, But Revenue Is Could Surge Next Year - Is MRVL Stock Too Cheap?

#snow #call #volume #trading

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.
Upgrade path: You could earn your security deposit back and upgrade to an unsecured Quicksilver card with responsible use.
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#freedom #rewards #back #earning

Rahway, New Jersey-based Merck & Co., Inc. (MRK) is a global research-driven biopharmaceutical company focused on developing medicines, vaccines, and animal-health products. Known as MSD outside the U.S. and Canada, Merck operates through two main businesses: Pharmaceuticals and Animal Health. Valued at a market cap of $297 billion, its pharmaceutical portfolio spans oncology, vaccines, cardiometabolic disease, infectious diseases, and other therapeutic areas.
Companies with a market cap of $200 billion or more are typically referred to as "mega-cap stocks." It fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the general drug manufacturers industry. Merck combines a dominant oncology franchise, a broad vaccine portfolio, an expanding pipeline of newer medicines, and a large animal-health business. Its key investment consideration is balancing the continued strength of Keytruda and newer products against pressure on mature franchises such as Gardasil and the eventual impact of Keytruda's patent expiry.
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Tesla Just Killed Its Solar Roof After Years of Struggling to Scale. What It Means for TSLA Stock.
Tesla Stock Could Benefit as Trump Locks Down the U.S. Power Grid

#animal #medicines #products

Slipped 0.04% to 7,675, the S&P 500 (SNPINDEX:^GSPC) drifted lower alongside a 0.08% decline to 26,130 for the Nasdaq Composite (NASDAQINDEX:^IXIC), while a 0.21% drop to 53,464 for the Dow Jones Industrial Average (DJINDICES:^DJI) snapped its three-day winning streak.
Abercrombie & Fitch (NYSE:ANF) shares soared 36% after the retailer raised its full-year guidance on a second-quarter earnings beat.
Elsewhere, Meta Platforms (NASDAQ:META) saw volatile trading after settling a legal dispute for 17 billion. In similar, but unrelated news, Snap Inc. (NYSE:SNAP) saw its shares decline 9% as Pennsylvania's Attorney General filed a lawsuit against the company due to its addictive features and child safety concerns -- much like Meta's settlement laid out.
Meta's $17 billion settlement with dozens of states over its child safety concerns stole the headlines today, but its stock was largely flat, as the market had already somewhat anticipated this possibility. Meta agreed to certain terms for users under 18 across both Facebook and Instagram, including:
a default two-hour max

#NASDAQ #snap #billion #child

I bought Duolingo (NASDAQ: DUOL) stock shortly after it fell to its 52-week low of $90.03 in April, which marked a staggering 83% decline from last year's record high of $540.68. It has since recovered to around $146.84 as of the market close on Monday, Aug. 24, and while I am very bullish on its prospects from here, Wall Street isn't convinced.
The 27 **** ysts covering the stock tracked by The Wall Street Journal have put an average price target of $127.07 on it, which suggests the stock could decline by around 13% over the next 12 months. Duolingo operates the world's largest digital language education platform, and Wall Street is concerned about management's plan to focus on user growth at the expense of monetization over the next couple of years, which could hurt the company's financial performance.
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 »
However, if the strategy pays off, Duolingo's business could be in the strongest position in its history sometime around 2028. Here's why I plan to stick around to reap the potential rewards.
Duolingo designed a highly interactive mobile app that places fun language lessons at the fingertips of anybody with a smartphone. It had 58.7 million daily active users at the conclusion of the second quarter, a 23% increase from the year-ago period. Surprisingly, the company spends very little money on marketing, but it has an enormous social media following thanks to its quirky content, which generates roughly 1 billion impressions per quarter.

#wall #signal #flashing #next

Guinness Global Innovators, an investment management company, recently released its Q2 2026 quarterly investor update for its "Guinness Global Innovators Fund". You can download the letter here. The Guinness Global Innovators Fund focuses on investing in global companies that benefit from innovation in technology, communication, globalization, and management strategies. In the second quarter of 2026, the Guinness Global Innovators Fund returned 13.8% in GBP, compared with 13.0% for the MSCI World Index and 13.1% for the IA Global sector average. Easing Middle East tensions, falling oil prices, and renewed enthusiasm for artificial intelligence helped reverse much of the caution seen earlier in the year, with investors rotating back toward growth stocks and AI infrastructure beneficiaries. The Fund benefited from its overweight position in the Information Technology sector, while its overweight position in Communication Services detracted. Avoiding weaker Utilities, Materials, and Energy also supported relative performance. Also, please check the Fund's top five holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, Guinness Global Innovators Fund highlighted Nasdaq, Inc. (NASDAQ:NDAQ) as a new holding. Nasdaq, Inc. (NASDAQ:NDAQ) operates as a technology company that serves capital markets and other industries. On August 21, 2026, Nasdaq, Inc. (NASDAQ:NDAQ) closed at $98.22 per share. One-month return of Nasdaq, Inc. (NASDAQ:NDAQ) was 4.56% and its shares gained 4.13% over the past 52 weeks. Nasdaq, Inc. (NASDAQ:NDAQ) has a market capitalization of $54.9 billion.
Guinness Global Innovators Fund stated the following regarding Nasdaq, Inc. (NASDAQ:NDAQ) in its Q2 2026 investor letter:
"Nasdaq, Inc. (NASDAQ:NDAQ) is best understood not as a traditional exchange but as a global technology, data, and ******* ytics company that happens to own a major stock exchange, a positioning it has deliberately built since its 2017 strategic pivot away from transaction-driven revenue towards higher-growth, higher-margin software and ******* ytics. Nasdaq's business is diversified across three segments. Through its Financial Technology segment, the firm is strategically positioned to benefit from a structural rise in compliance and transparency requirements as regulators demand more granular and frequent reporting from banks globally. This segment also houses Calypso, a trading and risk-management platform whose demand is underpinned by the growing complexity of trading, collateral, and risk requirements at large financial institutions. The Capital Access Platforms segment includes listing fees, market data subscriptions and index licensing on products such as the Nasdaq-100. Lastly, its exchange business, although originally the direct driver of the business, has become more of an enabler for other business segments, as trading activity generates proprietary pricing data that the company repackages and monetises, while providing the

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Today's CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2025 and has left rates alone in 2026. This has had a ripple effect on deposit account rates, making now a great opportunity to lock in today's high rates with a certificate of deposit (CD). Here's a look at today's best CD rates and where you can find the best offers.
Today, Monday, August 24, 2026, the highest CD rate is 4.35%. This rate is offered by Sallie Mae on its 3-year CD.
Here is a look at some of the best CD rates available today from our verified partners.
If you're considering a CD, these rates are among the highest available, especially compared to the national average, which is significantly lower. It's also worth noting that online banks and credit unions generally offer more competitive rates than traditional brick-and-mortar banks.

#rate #average #deposit

Ken Griffin bought Situational Awareness's distressed AI semiconductor positions at discounts over 10% after the leveraged fund collapsed 67% in July.
Citadel shed 80% of the acquired portfolio risk through nearly 100 block trades totaling $4 billion once markets stabilized.
The investor edge lies in distinguishing leverage-driven forced selling from fundamental decline, given that margin calls can manufacture the market's best entry points.
Don't wait: the ******* yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The AI trade has entered a new phase. After months of relentless optimism, leverage and crowded positioning collided with a sharp July sell-off in semiconductor stocks, exposing how quickly a winning trade can become a forced liquidation. The damage was especially severe for hedge funds that borrowed heavily to amplify returns.

#stocks #citadel #don 't

On August 11, Vestis (NYSE:VSTS) reported fiscal third-quarter results that mark a turning point for a company that has spent its short public life trying to prove its uniform and workplace supply business can actually get more profitable, not just bigger. Adjusted EBITDA climbed to about $81 million, up roughly $15 million or 23% year over year, and for the first time since the company separated from Aramark, revenue per pound rose instead of fell. That single shift, small as it sounds, is the thread running through the entire quarter.
The headline number is revenue per pound, which reached $1.42 in the quarter, up $0.04 year over year and $0.05 sequentially. Management framed this as the first year-over-year increase in that metric since Vestis became a public company, driven by disciplined pricing, better customer segmentation, and a deliberate shift away from lower-margin linen volume, which fell 6% year over year on a pounds-processed basis. Vestis also let go of about 22 million pounds of volume that carried an average revenue per pound of just $0.55, meaning the business got smaller but higher quality at the same time.
Cost of services dropped about $15 million year over year, and SG&A fell roughly $7 million, or about 6%, while cost per pound held flat at $1.24 even as the company exited unprofitable business. Plant productivity rose 9% year over year, on-time delivery improved 80 basis points, and customer complaints fell 74 basis points, evidence that the operational cleanup is showing up in day-to-day service, not just the income statement. Net income swung to $11 million from a $0.7 million loss a year earlier, and the company raised its full-year free cash flow guidance to a range of $160 million to $170 million, up from $120 million to $150 million previously.
The improvement comes against a backdrop that still looks shaky in places. Total revenue for the quarter was about $662 million, down 1.8% year over year, and pounds processed fell 4.5% as Vestis kept shedding volume it didn't want. Net debt stood at $1.2 billion at quarter-end, with $1.1 billion of principal bank debt outstanding, and the company used quarterly cash flow to pay down just $30 million of term loan debt.
Management also acknowledged that the operational playbook it has been running is not producing uniform results, describing a meaningful gap between its strongest and weakest markets that it now plans to address with more customized, market-by-market execution rather than a one-size-fits-all approach. Full-year revenue guidance remains flat to down 2%, and the company disclosed it is accruing a management incentive bonus for the first time at this level since going public, a cost that is already embedded in guidance but still subject to year-end certification. None of this derails the quarter's progress, but it is a reminder that Vestis is still mid-turnaround, not finished with it.

#quarter

META grew revenue 27% with 3.6 billion daily users, but AI capex crushed free cash flow 91% and compressed operating margins to 31%.
Zuckerberg reframes $145 billion in annual AI capex as an appreciating ******* et, with Advantage Plus already generating a $75 billion annual revenue run rate.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Meta didn't make the cut. Grab the names FREE today.
Meta Platforms (NASDAQ:META) is caught in a strange moment. The advertising machine is humming, daily users just hit 3.60 billion, and CEO Mark Zuckerberg is pouring capital into AI at a pace no other consumer internet company can match.
Yet shares are down 13.66% year to date and 27.31% over the last year. The market is punishing the AI bill. Can Meta shares reach $900 in 2026? Here is my read on the math.

#capex #annual #shares

Five years ago, Wisk Aero sued Archer Aviation Inc. (NYSE:ACHR) for allegedly stealing its trade secrets. On August 10, Archer agreed to buy Wisk entirely, along with two other The Boeing Company (NYSE:BA) subsidiaries, in a deal that gives the aerospace giant a roughly 20% interest in the electric-aircraft company it previously accused of corporate theft. Archer's stock jumped by about 20% following the announcement.
Wisk sued Archer back in 2021, alleging that the younger company stole its autonomous-flight trade secrets and breached on its patents. The two reached an agreement in August 2023, with a unique twist: The Boeing Company (NYSE:BA) invested in Archer Aviation Inc. (NYSE:ACHR), and the companies formed an autonomous-flight relationship, with Wisk serving as Archer's exclusive autonomy provider for subsequent aircraft.
That collaboration has now turned into a complete acquisition. Under the definitive agreement, Archer Aviation Inc. (NYSE:ACHR) will buy Wisk Aero, SkyGrid, a digital airspace and air-traffic-management software firm, and Insitu, a drone producer, in an all-stock transaction.
The Boeing Company (NYSE:BA) will acquire freshly issued ACHR Class A shares equal to 19.75% of Archer's outstanding shares immediately before to closing, leaving Boeing with about 16.5% in stakes once the transaction closes, making it Archer's largest outside stakeholder. The Boeing Company (NYSE:BA) has also agreed to spend up to $55 million in an upcoming Archer investment round, and will obtain warrants to buy up to $200 million additional Archer stock in the future. In exchange, the companies have signed a cross-licensing agreement that allows Boeing to continue using Wisk's fundamental autonomous flight systems for its own commercial and defense programs, a detail experts have linked to Boeing's ultimate successor to the 737.
For Archer Aviation Inc. (NYSE:ACHR), the deal is less about eliminating a competitor than about expanding. The acquisition includes a defense firm with an annual revenue of more than $200 million across 35 nations, as well as Wisk's six generations of eVTOL aircraft designs and over 1,700 completed test flights. Archer describes the combined operation as a "end-to-end physical AI platform for aerospace and defense."

#archer

What happened: Hims & Hers Health (HIMS) stock declined 3% before trimming losses on Tuesday.
What's behind the move: Shares were volatile after the telehealth company swung to a loss of $0.37 per share in the second quarter from a profit of $0.17 a share in the year-earlier period.
Gross margins in the second quarter were 64%, down from 76% in the year-earlier period.
The results were impacted by a one-time cost of $81 million during the quarter, including expenses related to the acquisition of the Australian-based digital health company Eucalyptus. The expenses were also related to restructuring following Hims & Hers' shift in weight-loss strategy earlier this year, as well as legal reserves tied to recent litigation with the Federal Trade Commission.
What else you need to know: Hims & Hers Health stock has been recovering from a drawdown earlier this year, as regulatory and legal risks surrounding the manufacturing of compounded GLP-1 weight-loss drugs have weighed on shares.

#hims #earlier #Health #quarter

The FCC is drafting a ban on Chinese transceivers, a move that matters given China controls over 50% of global supply, directly elevating AAOI and COHR as US manufacturing alternatives.
LITE's revenue surged 90% to $808 million as a hyperscaler pure-play, while CRDO offers a contrarian copper-substitute payoff if optical shortages deepen.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Coherent didn't make the cut. Grab the names FREE today.
China controls more than 50% of the global transceiver market, and the Federal Communications Commission is drafting a measure to bar imports of new Chinese optical transceivers, with officials hoping to publish the rule this year. Optical transceivers are the fiber-optic pipes that move AI training data between GPUs at the speed of light. If Washington chokes off the biggest supplier while hyperscalers are already fighting over every unit, the small handful of US-listed optical names left standing get to write their own ticket. Here are the five directly in the blast radius.
Start with the name most portfolios don't own. Applied Optoelectronics (NASDAQ:AAOI) is a Sugar Land, Texas transceiver maker that has spent the past year rebuilding capacity on American soil, precisely the profile the Trump administration would elevate if a ban lands. CEO Thompson Lin has already told investors the company is "well positioned to become the premier high-volume U.S. producer of AI-focused data center transceivers and optics."

#chinese #drafting #move

iShares Gold Trust (NYSEMKT:IAU) offers lower ongoing costs and historically lower volatility, while iShares Silver Trust (NYSEMKT:SLV) provides exposure to a more volatile metal that has recently delivered stronger price appreciation.
Precious metals are often viewed as safe haven ***** ets or as hedges against broader market volatility. Unlike mining stocks, which carry operational risks, the iShares Silver Trust and the iShares Gold Trust aim to track the spot price of the metal itself. This comparison looks at how the costs and historical price swings of these two popular metals differ for long-term holders, particularly since silver is often more volatile than gold.
Metric
SLV
IAU

#trust #price

True boat lovers reject the popular saying that the two happiest days of a boater's life are the day they buy the boat and the day they sell it. For them, happiness is putting the boat in the water and sailing off, never-ending expenses included.
That devotion drove a boom in boat sales during the Covid pandemic, as many Americans turned to the water to escape. After seeing a spike in sales during the crisis, when most other industries struggled, the recreational boating market is now feeling the impact of consumers' discretionary spending cuts.
In fact, most boat owners make less than $100,000 a year, often purchasing smaller and more affordable vessels. This makes the industry "particularly sensitive to shifts in consumer confidence and credit availability," according to IBIS World's Boat Sales & Repair in the U.S. report.
According to Deloitte's State of the US Consumer July 2026 report, discretionary spending intentions grew for a third straight month in June; however, they remain below the 2021 baseline.
The full-year 2025 data from NMMA reveal that new boat retail unit sales dropped 8.8% year over year to 215,237 units, down from 236,070 units in 2024.

#year #Consumer #according #discretionary

New York-based Consolidated Edison, Inc. (ED) engages in the regulated electric, gas, and steam delivery businesses in the United States. The company has a market cap of $40.9 billion and serves approximately 3.7 million customers in New York City and Westchester County, and also provides gas and steam to millions.
ED is expected to release its Q2 2026 earnings Thursday, Aug. 6, after the market closes. Ahead of the event, ****** ysts expect the company's EPS to be $0.75 on a diluted basis, up 11.9% from $0.67 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
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

#ahead #market

Praetorian Capital, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. A copy of the letter can be downloaded here. In the quarter of 2026, the Praetorian Capital Fund LLC (the "Fund") depreciated by 4.39% net of fees. The firm anticipates significant volatility from quarter to quarter due to the Fund's concentrated portfolio approach and emphasis on asymmetric opportunities. Both the Event-Driven book and the fund's core portfolio declined moderately in the quarter. The letter highlighted the market's complexity and noted a setback in the portfolio this quarter despite strong first-quarter earnings. Conversely, the letter also noted that the AI buildout represented a substantial capital misallocation. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Praetorian Capital highlighted The St. Joe Company (NYSE:JOE). The St. Joe Company (NYSE:JOE) is a real estate development, ***** et management, and operating company. On July 17, 2026, The St. Joe Company (NYSE:JOE) closed at $60.55 per share, reflecting a market capitalization of $3.48 billion. The St. Joe Company (NYSE:JOE) posted a one-month return of -7.88%, while its shares gained 21.26% over the past 52 weeks.
Praetorian Capital stated the following regarding The St. Joe Company (NYSE:JOE) in its Q2 2026 investor update:
"The St. Joe Company (NYSE:JOE) owns approximately 165,000 acres in the Florida Panhandle. It has been widely known that JOE traded for a tiny fraction of its liquidation value for years, but without a catalyst, it was always perceived to be "dead money."
Over the past few years, the population of the Panhandle has hit a critical mass where the Panhandle now has a center of gravity that is attracting people who want to live in one of the prettiest places in the country, with zero state income taxes and few of the problems of large cities.

#company #capital #praetorian #Portfolio

If you're dreaming of retirement you may be thinking about warm weather, beaches and a slower pace of life. But the reality of retirement often comes down to one thing: how far can your money actually stretch?
For many Americans, that question is becoming harder to answer. The average retired household spends more than $61,000 a year (1), according to the U.S. Bureau of Labor Statistics, with housing, healthcare and transportation coming in as their biggest expenses (2).
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
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going

Wall Street's patience with Netflix (NFLX) appears to be wearing thin.
Netflix shares plunged into the red at the opening bell on Friday as Wall Street digested a lackluster second quarter earnings report. The streaming giant's third-quarter revenue outlook missed expectations, and management offered little to reassure investors about slowing growth and engagement trends.
Analysts said the earnings report did little to ease concerns over Netflix's growth.
"At the moment, it's in no man's land," Bank of America Global Securities senior media ******* yst Jessica Reif Ehrlich told Yahoo Finance, of the company. "There's just not enough here to move the stock in any direction. There was nothing for the bulls, but there was certainly something for the bears."
One possible catalyst for the stock is an acquisition, Ehrlich told Yahoo Finance. Netflix walked away from a bidding war with Paramount Skydance (PSKY) over Warner Bros. Discovery in February. Investors could perceive a new deal that brings fresh IP through the door as a strong move for the streamer.

The dollar index (DXY00) is down by -0.12% today. The dollar is under pressure today after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 11% from 43% on Monday, further weighing on the dollar.
Losses in the dollar are limited amid escalating hostilities in the Middle East that are boosting safe-haven demand for the dollar after US forces launched airstrikes against Iran today for a fifth day. Also, the Jul Empire manufacturing survey general business conditions report rose more than expected, a supportive factor for the dollar.
Dollar Falls and Gold Rallies as US CPI Trails Estimates
Dollar Declines on a Benign US CPI Report
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Not everything your clients hear on the pickleball court is true.
Social Security grabs a lot of headlines with warnings of looming benefit cuts and trust fund insolvency. Financial advisors also talk a lot about the program and the importance of clients' claiming decisions. Less attention, however, is devoted to Medicare, according to Cole Craven, co-founder of the health care cost ****** ysis and planning platform Move Health. That gap is often filled by Medicare myths and misconceptions that mislead retirees making coverage decisions, potentially resulting in excess costs or subpar coverage. It could be a chance for advisors to provide added value to clients.
"You've got the opportunity to save clients a lot of money and headaches and look like an absolute superhero, but most advisors steer clear of healthcare planning in general," Craven said.
Sign up for The Daily Upside at no cost for premium ****** ysis on all your favorite stocks.

PepsiCo (PEP) quarterly results showed that North American consumers remain under pressure as they focus on essentials and budget for higher gas prices.
The soda and snack giant beat Wall Street's expectations on both the top and bottom lines, but its North American results weighed on the quarter. Additionally, Americans didn't stock up on snacks following price cuts of roughly 15% in February on Lay's, Doritos, Cheetos, and Tostitos.
"Results were tempered in the quarter as U.S. food and beverage category performance moderated with consumer budgets tightening due to rising inflationary pressures," chair and CEO Ramon Laguarta said in prepared remarks.
PepsiCo's stock fell 3% on Thursday.
Adjusted earnings per share came in at $2.20 in the fiscal second quarter, more than the $2.19 Wall Street **** ysts expected. Pepsi also posted a revenue beat, driven by international results, with sales of $24.2 billion above the $23.9 billion expected.

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Co-developed with Broadcom (AVGO), ChatGPT-maker OpenAI recently announced its first-ever custom AI chip, Jalapeño. Built for large language model (LLM) inference rather than training, the chip comes amid the company's broader ambitions of reducing dependence on GPUs.
Analysts at Wedbush believe this is a win for Broadcom, although they were mindful of curbing expectations for the near term. "Net, we see this development as a probable positive for AVGO (and OpenAI ******* uming the silicon eventually works as presented), but also wouldn't be surprised if initial shipments are more modest in scale and broader adoption requires a 2nd or 3rd (or 4th) iteration of the design," said ******* yst Matt Bryson in a note to clients.
Dear Microsoft Stock Fans, Mark Your Calendars for August 1
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It's worth considering travel insurance if you have high nonrefundable booking costs or plan to travel internationally, where your health insurance won't cover you. However, travel insurance may not be necessary if trip costs are low or refundable, or if you don't need additional coverage apart from your existing health insurance or credit card travel protections.
Learn more: Travel insurance: What it covers, costs, and how to choose the right policy
The more expensive nonrefundable trip costs you have, the greater the risk you take if you have to cancel or interrupt your trip for unforeseen reasons. With full coverage travel insurance policies, you're typically covered for various trip cancellation reasons that are out of your control, such as you or a traveling companion becoming seriously ill or getting injured.
Your standard health insurance plan may not cover you if you travel abroad, so it may make sense to look into travel insurance policies with sufficient medical coverage. Also, a travel insurance policy with emergency evacuation and repatriation coverage could cover hundreds of thousands of dollars in expenses if you plan to travel to a remote destination or a destination with limited infrastructure.