5 days ago
Travel credit cards offer points and miles rewards on your spending, which you can use toward travel-related redemptions, such as flights, hotel stays, and car rentals. You'll often earn the highest rewards rate on travel purchases with a travel credit card. However, many also offer boosted rewards on everyday purchases like groceries, gas, and more.
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.
#credit #hotel #general
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.
#credit #hotel #general
5 days ago
Boston, Massachusetts-based State Street Corporation (STT) provides a range of financial products and services to institutional investors. Valued at a market cap of $50.9 billion, it offers custody, accounting, and fund administration services for traditional and alternative ****** ets, as well as multi-asset-class investments, recordkeeping, client reporting, and more.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." STT fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the ****** et management industry.
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Nvidia CEO Jensen Huang Just Dropped Huge News for This Cybersecurity Stock
#market #street
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." STT fits squarely in that category, with a market cap above this threshold that reflects its size and influence in the ****** et management industry.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The Case for Selling CrowdStrike Stock
Nvidia CEO Jensen Huang Just Dropped Huge News for This Cybersecurity Stock
#market #street
11 days ago
By Susan Heavey
WASHINGTON, Sept 10 (Reuters) - The Trump administration has proposed eliminating a 60-day grace period that allows certain immigrants, including skilled workers on H-1B visas, to stay in the United States and find a new sponsor after losing their job, according to a government notice posted online on Thursday.
Under the planned rule change, published in the Federal Register by the U.S. Department of Homeland Security, those with H-1B and certain other temporary work visas would have to leave the country as soon as their employment ends — a potential blow to top American tech companies that rely heavily on foreign workers.
It is the latest step by U.S. President Donald Trump to limit legal immigration since returning to office in January 2025. His administration has also introduced higher visa fees for skilled workers and recently paused immigrant visa appointments at U.S. missions globally while it implements a new training program.
Companies affected by the change could see some disruption, DHS wrote in its proposal, but it said the jobs could go to American workers instead. In some situations, immigrant workers who leave could potentially reapply if their employer petitions for them, it added.
#Companies #administration #skilled #visas
WASHINGTON, Sept 10 (Reuters) - The Trump administration has proposed eliminating a 60-day grace period that allows certain immigrants, including skilled workers on H-1B visas, to stay in the United States and find a new sponsor after losing their job, according to a government notice posted online on Thursday.
Under the planned rule change, published in the Federal Register by the U.S. Department of Homeland Security, those with H-1B and certain other temporary work visas would have to leave the country as soon as their employment ends — a potential blow to top American tech companies that rely heavily on foreign workers.
It is the latest step by U.S. President Donald Trump to limit legal immigration since returning to office in January 2025. His administration has also introduced higher visa fees for skilled workers and recently paused immigrant visa appointments at U.S. missions globally while it implements a new training program.
Companies affected by the change could see some disruption, DHS wrote in its proposal, but it said the jobs could go to American workers instead. In some situations, immigrant workers who leave could potentially reapply if their employer petitions for them, it added.
#Companies #administration #skilled #visas
12 days ago
Trading near $45 a share, Boston Scientific (BSX) sits roughly 58% below its 52-week peak. Instead of buying the dip outright, selling cash-secured put options allows investors to generate immediate income while locking in an even deeper entry point. However, this trade only works if you are comfortable holding the stock through a turnaround, particularly as both of the company's core growth drivers—WATCHMAN and electrophysiology—face sudden operational headwinds.
Sell a put option on BSX expiring 9/17/2027, with a strike price of $30.
Collect roughly $135 in premium per contract (each contract covers 100 shares).
That works out to about 4.4% annualized on the $3,000 of cash you set aside to secure the trade.
Park that collateral in Treasury bills or a Treasury money-market fund yielding roughly 3.9%, boosting your total cash-secured return to about 8.3%.
#secured #works #trading #scientific
Sell a put option on BSX expiring 9/17/2027, with a strike price of $30.
Collect roughly $135 in premium per contract (each contract covers 100 shares).
That works out to about 4.4% annualized on the $3,000 of cash you set aside to secure the trade.
Park that collateral in Treasury bills or a Treasury money-market fund yielding roughly 3.9%, boosting your total cash-secured return to about 8.3%.
#secured #works #trading #scientific
18 days ago
Wallingford, Connecticut-based Amphenol Corporation (APH) designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States and internationally. The company has a market cap of $197.4 billion and operates through three segments: Communications Solutions, Harsh Environment Solutions, and Interconnect and Sensor Systems.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." APH fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the electric components industry.
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#billion #corporation
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." APH fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the electric components industry.
Why Palantir Stock Could Jump 50% From Here
Down 75%, This Tesla Rival Continues to Grow Vehicle Deliveries in 2026
Is AVGO Stock Poised for a Rebound After Broadcom's Strong Q3 Results?
#billion #corporation
19 days ago
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter.
Airbnb has appointed Pepijn Rijvers, formerly an executive at Tripadvisor Group, as the company's new chief business officer, according to a Tuesday news release.
In his new role, Rijvers is tasked with leading the homes, hotels, global markets and enterprise operations divisions as Airbnb focuses on scaling its hotel strategy.
Rijvers succeeds Dave Stephenson, who joined the short-term rental platform eight years ago and "built the function that established Hotels as a business" within Airbnb, co-founder and CEO Brian Chesky said in a companywide email shared Sept. 1.
Prior to his role as chief business officer at Tripadvisor, Rijvers spent 13 years at Booking.com in various senior leadership roles, which "gave him a clear view of why Airbnb needs to follow a very different path," according to Chesky.
#tripadvisor
Airbnb has appointed Pepijn Rijvers, formerly an executive at Tripadvisor Group, as the company's new chief business officer, according to a Tuesday news release.
In his new role, Rijvers is tasked with leading the homes, hotels, global markets and enterprise operations divisions as Airbnb focuses on scaling its hotel strategy.
Rijvers succeeds Dave Stephenson, who joined the short-term rental platform eight years ago and "built the function that established Hotels as a business" within Airbnb, co-founder and CEO Brian Chesky said in a companywide email shared Sept. 1.
Prior to his role as chief business officer at Tripadvisor, Rijvers spent 13 years at Booking.com in various senior leadership roles, which "gave him a clear view of why Airbnb needs to follow a very different path," according to Chesky.
#tripadvisor
20 days ago
21 days ago
Eli Lilly and Company (NYSE:LLY) has agreed to acquire privately held Merida Biosciences for up to $2.875 billion in cash, including an upfront payment and milestone-based payments. The deal is expected to close in the fourth quarter of 2026.
The acquisition expands Lilly's immunology pipeline and gives it access to Merida's antibody-engineering platform, which is designed to selectively eliminate disease-causing autoantibodies while preserving normal immune function. Merida's lead candidate, MER511, is in Phase 1 development for Graves' disease and thyroid eye disease (TED). Early data showed substantial reductions in disease-related antibodies along with a favorable initial safety profile.
The deal also fits Eli Lilly and Company (NYSE:LLY)'s broader strategy of using the cash generated by its obesity and diabetes franchises to diversify into additional therapeutic areas. Lilly has been active in acquisitions throughout 2026, making Merida the latest addition to its expanding pipeline.
The biggest benefit for Eli Lilly and Company (NYSE:LLY) is pipeline diversification. The company has generated significant growth from Mounjaro and Zepbound, but that success also increases its reliance on the obesity and diabetes markets. Adding Merida gives Lilly another potential growth platform in immunology.
Merida's technology could be particularly valuable if it works beyond its lead program. Rather than broadly suppressing the immune system, its approach is designed to target the antibodies responsible for specific autoimmune and allergic diseases. This could potentially offer a more targeted treatment strategy and create opportunities across several conditions.
#lilly #NYSE #immunology
The acquisition expands Lilly's immunology pipeline and gives it access to Merida's antibody-engineering platform, which is designed to selectively eliminate disease-causing autoantibodies while preserving normal immune function. Merida's lead candidate, MER511, is in Phase 1 development for Graves' disease and thyroid eye disease (TED). Early data showed substantial reductions in disease-related antibodies along with a favorable initial safety profile.
The deal also fits Eli Lilly and Company (NYSE:LLY)'s broader strategy of using the cash generated by its obesity and diabetes franchises to diversify into additional therapeutic areas. Lilly has been active in acquisitions throughout 2026, making Merida the latest addition to its expanding pipeline.
The biggest benefit for Eli Lilly and Company (NYSE:LLY) is pipeline diversification. The company has generated significant growth from Mounjaro and Zepbound, but that success also increases its reliance on the obesity and diabetes markets. Adding Merida gives Lilly another potential growth platform in immunology.
Merida's technology could be particularly valuable if it works beyond its lead program. Rather than broadly suppressing the immune system, its approach is designed to target the antibodies responsible for specific autoimmune and allergic diseases. This could potentially offer a more targeted treatment strategy and create opportunities across several conditions.
#lilly #NYSE #immunology
22 days ago
On Aug. 4, 2026, Solana (CRYPTO: SOL) broke its all-time record for activity on its blockchain, recording 169.9 million transactions, according to data from Blockworks. Breaking that record has happened repeatedly this year, even as the coin's price fell. As of Aug. 27, it's still 63% below its peak price in January 2025.
So is the coin worth buying now that it's clearly gaining some traction? Or is it better to sell it because its transaction activity hasn't been closely tied to its price this year?
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 »
One of the factors in favor of buying Solana on the basis of its increasing on-chain activity is that the composition of its transaction volume changed a lot this year. In doing so, it supported a core part of the bull thesis.
Tokenized stocks are essentially blockchain tokens that are backed by shares of public companies, and as a group, they're one of the most anticipated drivers of growth on Solana.
#NVIDIA #time #record
So is the coin worth buying now that it's clearly gaining some traction? Or is it better to sell it because its transaction activity hasn't been closely tied to its price this year?
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 »
One of the factors in favor of buying Solana on the basis of its increasing on-chain activity is that the composition of its transaction volume changed a lot this year. In doing so, it supported a core part of the bull thesis.
Tokenized stocks are essentially blockchain tokens that are backed by shares of public companies, and as a group, they're one of the most anticipated drivers of growth on Solana.
#NVIDIA #time #record
26 days ago
Xiaomi Corporation (OTC:XIACF) is no longer content to compete through hardware design and pricing alone. The Chinese smartphone maker has unveiled the Xring O3, which is the second generation of its proprietary handset processor, as it seeks greater control over the technology powering its devices.
The strategy could improve product differentiation and bolster Xiaomi's negotiating position with outside chip suppliers, all the while supporting its expansion into premium smartphones. However, the investment comes as rising component costs and weakening global handset demand are already pressuring the company's core business. Let's dive deeper into it.
Developing processors internally could give Xiaomi greater control over several features that influence the smartphone experience. A system-on-chip integrates computing, graphics, artificial intelligence processing, and imaging functions, allowing the company to optimize important capabilities around its own hardware and software. Xiaomi launched its first proprietary smartphone processor, the Xring O1, in 2025. During its latest earnings call, the company said ******* ulative shipments of O1-powered smartphones, tablets, and watches had surpassed one million units. Although Reuters' sources estimated that only approximately 150,000 of those shipments were smartphones, the broader total shows Xiaomi has already deployed the technology across multiple product categories.
The O3 could also support Xiaomi's push into more expensive devices. According to two people familiar with the plans, TSMC will manufacture the processor using its 3-nanometre technology. One source said the chip is expected to power Xiaomi's next flagship foldable phone, with shipments targeted at between 200,000 and 300,000 units. Foldables offer Xiaomi an opportunity to compete more directly in a premium category currently dominated in China by Huawei. Huawei shipped 1.6 million foldable smartphones in China during the second quarter, accounting for 68% of the market, according to data cited by Reuters.
The company's ambitions also extend beyond smartphones. Reuters reported that Xiaomi contracted TSMC to produce the Xring O100, a 6-nanometre neural-processing chip designed to support its MiMo artificial-intelligence model on consumer devices, and the Xring D100, a 3-nanometre autonomous-driving processor. Xiaomi said both chips have completed development and are scheduled for deployment next year. Together, these projects show that Xiaomi is extending its chip-development strategy beyond smartphones into AI-enabled consumer devices and autonomous driving.
#shipments
The strategy could improve product differentiation and bolster Xiaomi's negotiating position with outside chip suppliers, all the while supporting its expansion into premium smartphones. However, the investment comes as rising component costs and weakening global handset demand are already pressuring the company's core business. Let's dive deeper into it.
Developing processors internally could give Xiaomi greater control over several features that influence the smartphone experience. A system-on-chip integrates computing, graphics, artificial intelligence processing, and imaging functions, allowing the company to optimize important capabilities around its own hardware and software. Xiaomi launched its first proprietary smartphone processor, the Xring O1, in 2025. During its latest earnings call, the company said ******* ulative shipments of O1-powered smartphones, tablets, and watches had surpassed one million units. Although Reuters' sources estimated that only approximately 150,000 of those shipments were smartphones, the broader total shows Xiaomi has already deployed the technology across multiple product categories.
The O3 could also support Xiaomi's push into more expensive devices. According to two people familiar with the plans, TSMC will manufacture the processor using its 3-nanometre technology. One source said the chip is expected to power Xiaomi's next flagship foldable phone, with shipments targeted at between 200,000 and 300,000 units. Foldables offer Xiaomi an opportunity to compete more directly in a premium category currently dominated in China by Huawei. Huawei shipped 1.6 million foldable smartphones in China during the second quarter, accounting for 68% of the market, according to data cited by Reuters.
The company's ambitions also extend beyond smartphones. Reuters reported that Xiaomi contracted TSMC to produce the Xring O100, a 6-nanometre neural-processing chip designed to support its MiMo artificial-intelligence model on consumer devices, and the Xring D100, a 3-nanometre autonomous-driving processor. Xiaomi said both chips have completed development and are scheduled for deployment next year. Together, these projects show that Xiaomi is extending its chip-development strategy beyond smartphones into AI-enabled consumer devices and autonomous driving.
#shipments
26 days ago
Mortgage rates ticked higher this week, nudging the average long-term U.S. home loan rate closer to its recent high for the year.
The benchmark 30-year fixed rate mortgage rate edged up to 6.66% from 6.65% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.56%.
Higher mortgage rates can add hundreds of dollars a month in costs for borrowers, limiting homebuyers' purchasing power. As rates rise, that can lead prospective home shoppers to delay buying a home, one reason U.S. home sales remain in a rut this year.
The average rate is now back to where it was four weeks ago and is just shy of 6.69%, the high for the year it reached earlier this month.
Borrowing costs on 15-year fixed-rate mortgages, often sought by borrowers refinancing a home loan, also rose this week. That average rate increased to 5.98% from 5.95% last week. A year ago, it was at 5.69%.
#rates #higher #high
The benchmark 30-year fixed rate mortgage rate edged up to 6.66% from 6.65% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.56%.
Higher mortgage rates can add hundreds of dollars a month in costs for borrowers, limiting homebuyers' purchasing power. As rates rise, that can lead prospective home shoppers to delay buying a home, one reason U.S. home sales remain in a rut this year.
The average rate is now back to where it was four weeks ago and is just shy of 6.69%, the high for the year it reached earlier this month.
Borrowing costs on 15-year fixed-rate mortgages, often sought by borrowers refinancing a home loan, also rose this week. That average rate increased to 5.98% from 5.95% last week. A year ago, it was at 5.69%.
#rates #higher #high
27 days ago
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.
Top 5 Upgrades:
Raymond James upgraded AMD (AMD) to Strong Buy from Outperform with a price target of $641, up from $565. The firm believes AMD offers the "strongest combination of direct earnings leverage" given its data center positioning and market share gains.
Wolfe Research upgraded Moderna (MRNA) to Peer Perform from Underperform without a price target. The firm says the positive melanoma trial de-risks the intismeran platform.
Wells Fargo upgraded Shift4 Payments (FOUR) to Overweight from Equal Weight with a price target of $59, up from $55. The firm sees an improved share setup post the Q2 report.
Morgan Stanley upgraded Dynatrace (DT) to Overweight from Equal Weight with a price target of $65, up from $58. The firm says the observability market is experiencing the healthiest demand since 2022 amid the strongest public cloud growth in several years.
#upgraded #target #market #equal
Top 5 Upgrades:
Raymond James upgraded AMD (AMD) to Strong Buy from Outperform with a price target of $641, up from $565. The firm believes AMD offers the "strongest combination of direct earnings leverage" given its data center positioning and market share gains.
Wolfe Research upgraded Moderna (MRNA) to Peer Perform from Underperform without a price target. The firm says the positive melanoma trial de-risks the intismeran platform.
Wells Fargo upgraded Shift4 Payments (FOUR) to Overweight from Equal Weight with a price target of $59, up from $55. The firm sees an improved share setup post the Q2 report.
Morgan Stanley upgraded Dynatrace (DT) to Overweight from Equal Weight with a price target of $65, up from $58. The firm says the observability market is experiencing the healthiest demand since 2022 amid the strongest public cloud growth in several years.
#upgraded #target #market #equal
28 days ago
A critical piece of the AI supply chain has seen its stock slide back to a familiar floor, forcing investors to ask if history's powerful rebound rhyme is about to repeat.
Synopsys (SNPS), whose software is essential for designing the world's most advanced semiconductors, has seen its stock pull back to a critical price zone between $377.98 and $417.76. For investors tracking the -21% decline over the last three months, this is more than just another dip. This price band has historically served as technical support, where buying interest halted pullbacks on five prior occasions. The question is whether the business arriving at this floor today justifies a sixth stand.
History makes a strong case for the bulls. The bounces from this exact price neighborhood have been sharp and significant, delivering an average peak gain of 42%. The table of prior bounces shows these were not fleeting rallies; they were sustained moves that rewarded the buyers who held the line.
The historical pattern is one of decisive reversals. In April 2025, a defense of this level ignited a rally that produced a 69% gain over the next 114 days. Another instance in June 2023 saw the stock eventually climb to a 49% peak. Even the quickest of these rebounds, in April 2026, delivered a 28% gain in just 43 days. This is the record that sets the stage for the current standoff: a history of buyers not just appearing, but appearing with conviction.
But a support level is a memory, not a guarantee. The floor holds or breaks based on the health of the business that lands on it. And Synopsys arrives this time as a company in transition, defined by both impressive strength and concentrated weakness.
#synopsys #back
Synopsys (SNPS), whose software is essential for designing the world's most advanced semiconductors, has seen its stock pull back to a critical price zone between $377.98 and $417.76. For investors tracking the -21% decline over the last three months, this is more than just another dip. This price band has historically served as technical support, where buying interest halted pullbacks on five prior occasions. The question is whether the business arriving at this floor today justifies a sixth stand.
History makes a strong case for the bulls. The bounces from this exact price neighborhood have been sharp and significant, delivering an average peak gain of 42%. The table of prior bounces shows these were not fleeting rallies; they were sustained moves that rewarded the buyers who held the line.
The historical pattern is one of decisive reversals. In April 2025, a defense of this level ignited a rally that produced a 69% gain over the next 114 days. Another instance in June 2023 saw the stock eventually climb to a 49% peak. Even the quickest of these rebounds, in April 2026, delivered a 28% gain in just 43 days. This is the record that sets the stage for the current standoff: a history of buyers not just appearing, but appearing with conviction.
But a support level is a memory, not a guarantee. The floor holds or breaks based on the health of the business that lands on it. And Synopsys arrives this time as a company in transition, defined by both impressive strength and concentrated weakness.
#synopsys #back
30 days ago
At the beginning of the year, the market was pricing in multiple rate cuts from the Federal Reserve. Thanks in large part to the Iran war and the subsequent higher inflation that came with it, the market is now pricing in the likelihood of rate hikes before the end of the year.
At its July meeting, three of the Fed's voting members wanted to raise rates by a quarter-point. Inflation looks like it will remain well above the target for the foreseeable future, and the decision may come down soon saying that rates aren't restrictive enough.
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 »
A lot of people's portfolios are still positioned for rate cuts, and that could be a problem. If conditions are about to get tighter over the next 6 to 12 months, it might be time to prepare for it.
Instead of trying to predict if or when the Fed's next move will come, I'd rather own investments that can still work if rates move higher. Here are three exchange-traded funds (ETFs) I'd consider.
#signal #rates #flashing #pricing
At its July meeting, three of the Fed's voting members wanted to raise rates by a quarter-point. Inflation looks like it will remain well above the target for the foreseeable future, and the decision may come down soon saying that rates aren't restrictive enough.
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 »
A lot of people's portfolios are still positioned for rate cuts, and that could be a problem. If conditions are about to get tighter over the next 6 to 12 months, it might be time to prepare for it.
Instead of trying to predict if or when the Fed's next move will come, I'd rather own investments that can still work if rates move higher. Here are three exchange-traded funds (ETFs) I'd consider.
#signal #rates #flashing #pricing
1 month ago
Interested in Full Truck Alliance Co. Ltd. Sponsored ADR? Here are five stocks we like better.
Full Truck Alliance reported solid Q2 growth: Revenue rose 4.4% to RMB 3.38 billion, while net income increased 6.3% to RMB 1.35 billion. Fulfilled orders climbed 12.7% to 68.5 million and shipper monthly active users rose 12.8% to 3.57 million.
Platform efficiency reached record levels: The fulfillment rate increased to 47%, up 6.3 percentage points year over year, while the median order-to-capacity matching time fell to five minutes. The company attributed the gains to improved freight classification, capacity allocation and matching efficiency.
Monetization and cash generation strengthened: Transaction service revenue grew 33.1% to RMB 1.77 billion as commission penetration reached 94.7%. Operating cash flow totaled RMB 2.15 billion, and management plans to continue quarterly dividends while investing in overseas operations, less-than-truckload services, autonomous delivery and AI.
Full Truck Alliance (NYSE:YMM) reported second-quarter 2026 revenue growth of 4.4% as transaction services expanded and platform fulfillment metrics reached record levels, despite what management described as a challenging market environment.
#billion #transaction #five #reported
Full Truck Alliance reported solid Q2 growth: Revenue rose 4.4% to RMB 3.38 billion, while net income increased 6.3% to RMB 1.35 billion. Fulfilled orders climbed 12.7% to 68.5 million and shipper monthly active users rose 12.8% to 3.57 million.
Platform efficiency reached record levels: The fulfillment rate increased to 47%, up 6.3 percentage points year over year, while the median order-to-capacity matching time fell to five minutes. The company attributed the gains to improved freight classification, capacity allocation and matching efficiency.
Monetization and cash generation strengthened: Transaction service revenue grew 33.1% to RMB 1.77 billion as commission penetration reached 94.7%. Operating cash flow totaled RMB 2.15 billion, and management plans to continue quarterly dividends while investing in overseas operations, less-than-truckload services, autonomous delivery and AI.
Full Truck Alliance (NYSE:YMM) reported second-quarter 2026 revenue growth of 4.4% as transaction services expanded and platform fulfillment metrics reached record levels, despite what management described as a challenging market environment.
#billion #transaction #five #reported
1 month ago
Uber Technologies has partnered with drone delivery company Zipline to offer autonomous drone deliveries to Uber Eats customers in the US, with the service due to begin before the end of the year.
As part of the agreement, Uber will make a "strategic" undisclosed investment in Zipline.
The deal will enable Uber Eats users in areas where Zipline already has operations to select drone delivery for their orders. The companies also intend to expand the service to dozens more cities across the US.
Over the longer term, Uber and Zipline are aiming for a joint capacity of one million drone deliveries a day by the end of 2029.
A statement by Uber said: "Together, Uber and Zipline will accelerate the adoption of drone delivery at scale, bringing fast and affordable autonomous deliveries to millions more consumers."
#uber
As part of the agreement, Uber will make a "strategic" undisclosed investment in Zipline.
The deal will enable Uber Eats users in areas where Zipline already has operations to select drone delivery for their orders. The companies also intend to expand the service to dozens more cities across the US.
Over the longer term, Uber and Zipline are aiming for a joint capacity of one million drone deliveries a day by the end of 2029.
A statement by Uber said: "Together, Uber and Zipline will accelerate the adoption of drone delivery at scale, bringing fast and affordable autonomous deliveries to millions more consumers."
#uber
1 month ago
Networking equipment and software provider Arista Networks, Inc. (NYSE:ANET) is one of Cramer's favorite stocks. In fact, as far back as February 2025, the CNBC TV host remarked that going against Arista Networks, Inc. (NYSE:ANET) and its CEO meant an "invitation to your funeral." The shares are up by 49% over the past year and by 52% year-to-date. Over the month, they are up by 11.5% and closed 3.6% higher on August 5th, the day after Arista Networks, Inc. (NYSE:ANET)'s second quarter earnings report. Yet, as the shares dipped on the 6th, Cramer called the move profit taking:
"I was talking to Jayshree Ullal yesterday, for ANET, which is just a fantastic company, had an amazing quarter. And she's on the board of Snowflake. And I just said, no one noticed that Snowflake just goes up and up and up. That's the kind of thing that is coming up for profit taking taking today. As is ANET. As is Arista. And I just say, okay, wait a second, this is a take your breath moment. These companies are all doing really, really well. Or they have, like the long term agreement kind of thing with Western Digital. This is a profit taking thing, Carl. And I think that this is blessed. You want this."
Arista Networks, Inc. (NYSE:ANET) reported $3.04 billion in revenue and $1.02 in earnings per share for its second quarter and beat ***** yst estimates for both. The firm's third quarter revenue forecast of $3.3 billion also beat the estimates. With Arista Networks, Inc. (NYSE:ANET) counting tech giant such as Microsoft and Amazon, the healthy results indicated the strength of the ongoing AI buildout. The strength of the buildout and the firm's role in it is also key to the investment debate. With Arista Networks, Inc. (NYSE:ANET)'s competency in Ethernet networks, a faster switch to the technology can help the firm. Additionally, the firm also benefits from strong margins (63.4% non-GAAP gross margin in Q2) courtesy of its software model. Yet, at the same time, the fact that Arista Networks, Inc. (NYSE:ANET) relies on a few big-tech customers, which might switch to custom products creates risk that might not be reflected through the forward P/E of 46.73.
Snowflake Inc. (NYSE:SNOW), on the other hand, is a classic software-as-a-service (SaaS) firm. It enables data management and warehousing. Its data business benefits the firm in today's AI era, as it enables users to use their own data to create AI models. Consequently, Snowflake Inc. (NYSE:SNOW)'s net revenue retention (NRR) was 126% in its FY27Q1. Additionally, the firm had 779 customers with trailing 12-month product revenue greater than $1 million in the same quarter. While these figures point towards a robust business, if spending slows due to concerns about AI's returns or if platforms such as DataBricks and Google's BigQuery step up competition, the firm could struggle. For a firm with a forward. P/E of 169, there's little room for error.
#software
"I was talking to Jayshree Ullal yesterday, for ANET, which is just a fantastic company, had an amazing quarter. And she's on the board of Snowflake. And I just said, no one noticed that Snowflake just goes up and up and up. That's the kind of thing that is coming up for profit taking taking today. As is ANET. As is Arista. And I just say, okay, wait a second, this is a take your breath moment. These companies are all doing really, really well. Or they have, like the long term agreement kind of thing with Western Digital. This is a profit taking thing, Carl. And I think that this is blessed. You want this."
Arista Networks, Inc. (NYSE:ANET) reported $3.04 billion in revenue and $1.02 in earnings per share for its second quarter and beat ***** yst estimates for both. The firm's third quarter revenue forecast of $3.3 billion also beat the estimates. With Arista Networks, Inc. (NYSE:ANET) counting tech giant such as Microsoft and Amazon, the healthy results indicated the strength of the ongoing AI buildout. The strength of the buildout and the firm's role in it is also key to the investment debate. With Arista Networks, Inc. (NYSE:ANET)'s competency in Ethernet networks, a faster switch to the technology can help the firm. Additionally, the firm also benefits from strong margins (63.4% non-GAAP gross margin in Q2) courtesy of its software model. Yet, at the same time, the fact that Arista Networks, Inc. (NYSE:ANET) relies on a few big-tech customers, which might switch to custom products creates risk that might not be reflected through the forward P/E of 46.73.
Snowflake Inc. (NYSE:SNOW), on the other hand, is a classic software-as-a-service (SaaS) firm. It enables data management and warehousing. Its data business benefits the firm in today's AI era, as it enables users to use their own data to create AI models. Consequently, Snowflake Inc. (NYSE:SNOW)'s net revenue retention (NRR) was 126% in its FY27Q1. Additionally, the firm had 779 customers with trailing 12-month product revenue greater than $1 million in the same quarter. While these figures point towards a robust business, if spending slows due to concerns about AI's returns or if platforms such as DataBricks and Google's BigQuery step up competition, the firm could struggle. For a firm with a forward. P/E of 169, there's little room for error.
#software
2 months ago
Executives at GXO Logistics said its transformation strategy is beginning to pay off as the company reported its strongest commercial quarter in three years and expressed confidence that growth will accelerate into 2027.
During the second-quarter earnings call on Wednesday before the market opened, CEO Patrick Kelleher said the company has moved beyond leadership changes and strategic planning into execution, with commercial momentum, artificial intelligence deployments and operational improvements beginning to translate into financial results.
"This quarter marks five years since GXO became an independent public company," Kelleher said. "The foundation established over the past five years combined with new leadership and a new strategic agenda are now translating into results. We're seeing real momentum build behind our strategy and we're still in the early innings."
Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 970 facilities totaling approximately 200 million square feet, with a global workforce of more than 130,000 people.
The company released its second quarter earnings after the market closed on Tuesday.
#years #kelleher #strategy #commercial
During the second-quarter earnings call on Wednesday before the market opened, CEO Patrick Kelleher said the company has moved beyond leadership changes and strategic planning into execution, with commercial momentum, artificial intelligence deployments and operational improvements beginning to translate into financial results.
"This quarter marks five years since GXO became an independent public company," Kelleher said. "The foundation established over the past five years combined with new leadership and a new strategic agenda are now translating into results. We're seeing real momentum build behind our strategy and we're still in the early innings."
Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 970 facilities totaling approximately 200 million square feet, with a global workforce of more than 130,000 people.
The company released its second quarter earnings after the market closed on Tuesday.
#years #kelleher #strategy #commercial
2 months ago
The Institute for Supply Management said its manufacturing PMI rose to 55.6 in July, up 2.3 percentage points from June's 53.3 and the highest reading since May 2022, when the index hit 55.9. The sector has now expanded for seven consecutive months following a 10-month contraction. Readings above 50 indicate growth.
Economists had forecast the index would rise to 54.0, according to Yahoo Finance.
The production index drove much of the gain, jumping 6.3 percentage points to 58.5 — its highest level since November 2021. After 33 months in contraction, the employment index crossed above 50 for the first time, climbing to 52.8 from June's 49.7. New orders grew for a seventh straight month, with the New Orders Index edging up to 56.7 from 56.0. The Backlog of Orders Index rose 4.5 percentage points to 55.0, and the New Export Orders Index returned to expansion at 53.0, its highest since March 2022.
Susan Spence, chair of the ISM Manufacturing Business Survey Committee, said the July result reflected broad-based momentum, with four of five PMI subindexes growing at a faster rate than in June. "My gut is, it's not just a one or two month trend," Spence told Bloomberg. "Companies are seeing six or more months of these solid demand factors going in the right direction."
Fifteen of the 16 manufacturing industries ISM monitors expanded during the month, with Chemical Products alone reporting a contraction.
#month #highest
Economists had forecast the index would rise to 54.0, according to Yahoo Finance.
The production index drove much of the gain, jumping 6.3 percentage points to 58.5 — its highest level since November 2021. After 33 months in contraction, the employment index crossed above 50 for the first time, climbing to 52.8 from June's 49.7. New orders grew for a seventh straight month, with the New Orders Index edging up to 56.7 from 56.0. The Backlog of Orders Index rose 4.5 percentage points to 55.0, and the New Export Orders Index returned to expansion at 53.0, its highest since March 2022.
Susan Spence, chair of the ISM Manufacturing Business Survey Committee, said the July result reflected broad-based momentum, with four of five PMI subindexes growing at a faster rate than in June. "My gut is, it's not just a one or two month trend," Spence told Bloomberg. "Companies are seeing six or more months of these solid demand factors going in the right direction."
Fifteen of the 16 manufacturing industries ISM monitors expanded during the month, with Chemical Products alone reporting a contraction.
#month #highest
2 months ago
(Table below reflects daily flows on July 31, 2026 and ***** et totals as of that date.)
ETF Brand League Table
Welcome to the etf.com league table. On this page, you'll find the U.S. ETF market through different lenses: brand and issuer. What's the difference? The brand is what the ETF says on the tin. For example, "iShares" is the brand of issuer "BlackRock's" ETFs. Because many issuers license their ETF infrastructure to third parties, we present the data in both ways. The identification of the correct brand and legal issuer is done by our key data provider, FactSet.
Brand
AUM ($, mm)
#league #welcome #factset #below
ETF Brand League Table
Welcome to the etf.com league table. On this page, you'll find the U.S. ETF market through different lenses: brand and issuer. What's the difference? The brand is what the ETF says on the tin. For example, "iShares" is the brand of issuer "BlackRock's" ETFs. Because many issuers license their ETF infrastructure to third parties, we present the data in both ways. The identification of the correct brand and legal issuer is done by our key data provider, FactSet.
Brand
AUM ($, mm)
#league #welcome #factset #below
2 months ago
Platinum ****** et Management, an investment management company, released its Q2 2026 investor letter for "Platinum International Brands Fund". A copy of the letter can be downloaded here. The fund returned over 4% in the quarter but lost 14% over the past year, primarily due to the dominance of tech stocks amid an AI investment boom. Consumer-focused sectors underperformed due to weak sentiment and challenges such as high interest rates and rising oil prices, which have contributed to record-low consumer confidence. However, the fund's holdings remain fundamentally strong, with top holdings averaging 13% sales growth and 19% profit growth. The letter noted that positive developments include resumed job growth, reduced oil prices, and easing fiscal policy, which potentially enhance consumer sentiment. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Platinum International Brands Fund highlighted Birkenstock Holding plc (NYSE:BIRK). Birkenstock Holding plc (NYSE:BIRK) engages in the manufacturing and distribution of footwear products. On July 28, 2026, Birkenstock Holding plc (NYSE:BIRK) closed at $41.85 per share, reflecting a market capitalization of $7.7 billion. Birkenstock Holding plc (NYSE:BIRK) posted a one-month return of -4.95%, while its shares lost 19.67% over the past 52 weeks.
Platinum International Brands Fund stated the following regarding Birkenstock Holding plc (NYSE:BIRK) in its Q2 2026 investor update:
"Birkenstock Holding plc (NYSE:BIRK) (+23%) was among our strongest contributors over the past quarter. The German sandal-maker, with two and a half centuries of heritage, keeps finding fresh ways to grow as a capable management team burnishes the brand, opens new product lines and expands overseas. It earns a 24% operating margin and a 40% return on capital and grew profits 25% on a year ago. Any private owner would be content with these numbers. The CEO, who bought millions of euros in stock this year, and the board, which recently launched a substantial buyback, plainly agree."
Birkenstock Holding plc (NYSE:BIRK) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 32 hedge fund portfolios held Birkenstock Holding plc (NYSE:BIRK) at the end of the first quarter, compared to 41 in the previous quarter. In the second quarter of fiscal 2026, Birkenstock Holding plc (NYSE:BIRK) reported revenue of EUR 618 million, an 8% year-over-year increase on a reported basis. While we acknowledge the potential of Birkenstock Holding plc (NYSE:BIRK) 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.
#holding #birk #year #letter
In its Q2 2026 investor letter, Platinum International Brands Fund highlighted Birkenstock Holding plc (NYSE:BIRK). Birkenstock Holding plc (NYSE:BIRK) engages in the manufacturing and distribution of footwear products. On July 28, 2026, Birkenstock Holding plc (NYSE:BIRK) closed at $41.85 per share, reflecting a market capitalization of $7.7 billion. Birkenstock Holding plc (NYSE:BIRK) posted a one-month return of -4.95%, while its shares lost 19.67% over the past 52 weeks.
Platinum International Brands Fund stated the following regarding Birkenstock Holding plc (NYSE:BIRK) in its Q2 2026 investor update:
"Birkenstock Holding plc (NYSE:BIRK) (+23%) was among our strongest contributors over the past quarter. The German sandal-maker, with two and a half centuries of heritage, keeps finding fresh ways to grow as a capable management team burnishes the brand, opens new product lines and expands overseas. It earns a 24% operating margin and a 40% return on capital and grew profits 25% on a year ago. Any private owner would be content with these numbers. The CEO, who bought millions of euros in stock this year, and the board, which recently launched a substantial buyback, plainly agree."
Birkenstock Holding plc (NYSE:BIRK) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 32 hedge fund portfolios held Birkenstock Holding plc (NYSE:BIRK) at the end of the first quarter, compared to 41 in the previous quarter. In the second quarter of fiscal 2026, Birkenstock Holding plc (NYSE:BIRK) reported revenue of EUR 618 million, an 8% year-over-year increase on a reported basis. While we acknowledge the potential of Birkenstock Holding plc (NYSE:BIRK) 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.
#holding #birk #year #letter
2 months ago
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#please #page #tools
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#please #page #tools
2 months ago
The European Union and the United States took one ultra-laborious step forward in ratifying their bilateral trade deal in late June. Now, the trading partners may be taking several steps back from the hard-fought truce, which took nearly a year to complete.
That's due to an European Commission announcement on Thursday that American tech juggernaut Google will be fined 890 million euros (close to $1 billion) for allegedly violating the trade bloc's Digital Markets Act.
More from WWD
Trump's USTR Imposes Double-Digit Duties on Dozens of Nations Under Forced Labor Probe
Could EU's Clothing Destruction Ban Change How Fashion Overproduces?
#united #commission #american
That's due to an European Commission announcement on Thursday that American tech juggernaut Google will be fined 890 million euros (close to $1 billion) for allegedly violating the trade bloc's Digital Markets Act.
More from WWD
Trump's USTR Imposes Double-Digit Duties on Dozens of Nations Under Forced Labor Probe
Could EU's Clothing Destruction Ban Change How Fashion Overproduces?
#united #commission #american
2 months ago
Space Exploration Technologies (NASDAQ: SPCX) had to abort its 13th Starship test flight after some of its engines failed to ignite. Starship is ****** eX's fully reusable super-heavy-lift vehicle, and once it's ready to operate commercially, it could significantly reduce the cost of putting payloads into ****** e, such as Starlink satellites or orbital data center satellites. Getting it off the ground (pun intended) will be key to the company achieving revenue growth and earnings that meet the market's high expectations.
SpaceX will have another go at the Starship test launch, and many more tests and launches will come over the next few years. A single aborted launch does not significantly impact the company's long-term viability.
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 »
The bigger risk to ****** eX and its investors involves what will happen if it successfully brings Starship into service: The company will need to raise massive amounts of capital over the better part of the next decade, even based on some of the most bullish outlooks for the business.
Morgan Stanley ****** ysts have put a $300 price target on ****** eX stock. They cite its "near-monopoly launch economics," which will enable its satellite connectivity and AI businesses to scale up at a cost advantage.
#significantly
SpaceX will have another go at the Starship test launch, and many more tests and launches will come over the next few years. A single aborted launch does not significantly impact the company's long-term viability.
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 »
The bigger risk to ****** eX and its investors involves what will happen if it successfully brings Starship into service: The company will need to raise massive amounts of capital over the better part of the next decade, even based on some of the most bullish outlooks for the business.
Morgan Stanley ****** ysts have put a $300 price target on ****** eX stock. They cite its "near-monopoly launch economics," which will enable its satellite connectivity and AI businesses to scale up at a cost advantage.
#significantly
2 months ago
December soybean meal (ZMZ26) futures a buying opportunity on more price strength.
See on the daily bar chart for December soybean meal futures that prices are in an uptrend and have just hit a nine-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish posture, as the blue MACD line is above the red trigger line and both lines are trending up. The meal bulls have the near-term technical advantage.
Coffee Prices Erase Early Gains on Forecasts for Dry Weather in Brazil
Grain Bulls Are Showing Resilience: What's Keeping Uptrends in Corn, Soybean, and Wheat Prices Alive
Short Covering Lifts Cocoa Prices
#Bulls #futures
See on the daily bar chart for December soybean meal futures that prices are in an uptrend and have just hit a nine-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bullish posture, as the blue MACD line is above the red trigger line and both lines are trending up. The meal bulls have the near-term technical advantage.
Coffee Prices Erase Early Gains on Forecasts for Dry Weather in Brazil
Grain Bulls Are Showing Resilience: What's Keeping Uptrends in Corn, Soybean, and Wheat Prices Alive
Short Covering Lifts Cocoa Prices
#Bulls #futures
2 months ago
Block, Inc. (XYZ), based in Oakland, California, is a financial technology company that expands access to the global economy through its ecosystem of brands, including Square, Cash App, Afterpay, TIDAL, Bitkey, and Proto. With a market capitalization of about $47.6 billion, the company provides digital payments, commerce, consumer finance, bitcoin, and financial services solutions for businesses and individuals.
XYZ is set to report its Q2 earnings on Wednesday, August 5, 2026, after the market closes. Ahead of the release, ******* ysts expect the company to report diluted EPS of $0.48, down 22.6% from $0.62 in the year-ago quarter. However, XYZ has surpassed Wall Street's EPS estimates in each of the past four trailing quarters, an impressive track record.
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
Billionaire Mark Cuban Says If CEOs Get 10% of Pay in Stock, Janitors Deserve the Same Percentage — 'That Will Change the Game'
#Stock #high #financial #market
XYZ is set to report its Q2 earnings on Wednesday, August 5, 2026, after the market closes. Ahead of the release, ******* ysts expect the company to report diluted EPS of $0.48, down 22.6% from $0.62 in the year-ago quarter. However, XYZ has surpassed Wall Street's EPS estimates in each of the past four trailing quarters, an impressive track record.
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
Billionaire Mark Cuban Says If CEOs Get 10% of Pay in Stock, Janitors Deserve the Same Percentage — 'That Will Change the Game'
#Stock #high #financial #market
2 months ago
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Two of the most powerful figures on Wall Street are looking past today's geopolitical turmoil — and betting that one enormous force will keep pushing America forward.
Larry Fink, the CEO of BlackRock, said he is "very bullish" on financial markets over the next year, arguing that the technological revolution sweeping through corporate America could boost profit margins across a growing number of industries.
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
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#Gold #America #larry #blackrock
Two of the most powerful figures on Wall Street are looking past today's geopolitical turmoil — and betting that one enormous force will keep pushing America forward.
Larry Fink, the CEO of BlackRock, said he is "very bullish" on financial markets over the next year, arguing that the technological revolution sweeping through corporate America could boost profit margins across a growing number of industries.
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
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#Gold #America #larry #blackrock
2 months ago
Earlier this month, Tesla investors got some much-needed good news when the electric vehicle maker reported that it delivered more than 480,000 vehicles in the second quarter.
The 25% year-over-year increase marked Tesla's best second-quarter performance, topping the 466,140 deliveries it reported in 2023. Tesla reported declining annual deliveries in 2024 and 2025, so any sign that the company is turning that trend around is a good sign.
But while the stock got a boost from the news, the increase was short-lived. The stock is only up 0.6% over the past five days, but over the past four weeks it is down nearly 16% and down more than 42% year to date.
So, Tesla's second quarter earnings report, scheduled for release on July 22, is pivotal for investors.
While the delivery numbers are promising, investors seem a bit hesitant about the stock heading into the print.
The 25% year-over-year increase marked Tesla's best second-quarter performance, topping the 466,140 deliveries it reported in 2023. Tesla reported declining annual deliveries in 2024 and 2025, so any sign that the company is turning that trend around is a good sign.
But while the stock got a boost from the news, the increase was short-lived. The stock is only up 0.6% over the past five days, but over the past four weeks it is down nearly 16% and down more than 42% year to date.
So, Tesla's second quarter earnings report, scheduled for release on July 22, is pivotal for investors.
While the delivery numbers are promising, investors seem a bit hesitant about the stock heading into the print.
2 months ago
Harris Oakmark recently released its second-quarter 2026 investor letter for the "Oakmark Global Fund". A copy of the letter can be downloaded here. It is a non-diversified fund that focuses on long-term capital appreciation by investing in common stocks of U.S. and non-U.S. companies. In the second quarter, the fund (Investor Class) delivered a return of 7.89%, lagging the benchmark, the MSCI World Index's 13.76% return. Energy and industrials were the top performance contributors at the sector level, while health care and consumer discretionary detracted from performance. AI remains a key market theme. The firm focuses on evaluating companies based on their competitive advantages, long-term cash flow potential, and valuation, not predictions. In addition, you can check the Fund's top five holdings to determine its best picks for 2026.
In its Q2 2026 investor letter, Oakmark Global Fund highlighted Owens Corning (NYSE:OC). Owens Corning (NYSE:OC) is a leading building products company that operates through Roofing, Insulation, and Doors segments. On July 14, 2026, Owens Corning (NYSE:OC) closed at $142.86 per share, reflecting a market capitalization of $11.44 billion. Owens Corning (NYSE:OC) posted a one-month return of 15.55%, while its shares gained 1.73% over the past 52 weeks.
Oakmark Global Fund stated the following regarding Owens Corning (NYSE:OC) in its Q2 2026 investor update:
"Owens Corning (NYSE:OC) is one of the world's largest building products companies, specializing in roofing, insulation, and doors. We like that Owens Corning has a dominant market position in roofing that has historically benefited from attractive pricing, scale advantages, the nondiscretionary nature of the product, and contractor loyalty. In our view, market participants underappreciate the quality of the roofing segment and are overly concerned with the insulation segment's exposure to new housing starts. Economic uncertainty and cyclical forces have weighed on sentiment for the industry, presenting the opportunity to invest in a quality business with a management team that is taking advantage of their underpriced stock through share buybacks."
Owens Corning (NYSE:OC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 43 hedge fund portfolios held Owens Corning (NYSE:OC) at the end of the first quarter, compared to 53 in the previous quarter. In Q1 2026, Owens Corning (NYSE:OC) reported revenue of $2.3 billion, a 10% year-over-year decrease due to market environment. While we acknowledge the potential of Owens Corning (NYSE:OC) 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.
In its Q2 2026 investor letter, Oakmark Global Fund highlighted Owens Corning (NYSE:OC). Owens Corning (NYSE:OC) is a leading building products company that operates through Roofing, Insulation, and Doors segments. On July 14, 2026, Owens Corning (NYSE:OC) closed at $142.86 per share, reflecting a market capitalization of $11.44 billion. Owens Corning (NYSE:OC) posted a one-month return of 15.55%, while its shares gained 1.73% over the past 52 weeks.
Oakmark Global Fund stated the following regarding Owens Corning (NYSE:OC) in its Q2 2026 investor update:
"Owens Corning (NYSE:OC) is one of the world's largest building products companies, specializing in roofing, insulation, and doors. We like that Owens Corning has a dominant market position in roofing that has historically benefited from attractive pricing, scale advantages, the nondiscretionary nature of the product, and contractor loyalty. In our view, market participants underappreciate the quality of the roofing segment and are overly concerned with the insulation segment's exposure to new housing starts. Economic uncertainty and cyclical forces have weighed on sentiment for the industry, presenting the opportunity to invest in a quality business with a management team that is taking advantage of their underpriced stock through share buybacks."
Owens Corning (NYSE:OC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 43 hedge fund portfolios held Owens Corning (NYSE:OC) at the end of the first quarter, compared to 53 in the previous quarter. In Q1 2026, Owens Corning (NYSE:OC) reported revenue of $2.3 billion, a 10% year-over-year decrease due to market environment. While we acknowledge the potential of Owens Corning (NYSE:OC) 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.
2 months ago
August WTI crude oil (CLQ26) on Thursday closed down -1.44 (-1.96%), and August RBOB gasoline (RBQ26) closed down -0.0647 (-2.00%).
Crude oil and gasoline prices gave up an early advance on Thursday and fell sharply on speculation the escalation of hostilities between the US and Iran will be limited. Crude prices initially moved higher on Thursday after the US attacked Iranian targets for a second day in response to Iranian attacks on shipping in the Strait of Hormuz.
PLUG Stock Alert: Plug Power Just Scored a Major Green Hydrogen Win in Australia
Nat-Gas Erases Early Gains on the Outlook for Larger US Inventories
Beyond the War Premium: How Strategic Reserves Create a New Floor for Oil Prices
Crude oil and gasoline prices gave up an early advance on Thursday and fell sharply on speculation the escalation of hostilities between the US and Iran will be limited. Crude prices initially moved higher on Thursday after the US attacked Iranian targets for a second day in response to Iranian attacks on shipping in the Strait of Hormuz.
PLUG Stock Alert: Plug Power Just Scored a Major Green Hydrogen Win in Australia
Nat-Gas Erases Early Gains on the Outlook for Larger US Inventories
Beyond the War Premium: How Strategic Reserves Create a New Floor for Oil Prices