Alluvium ******* et Management, an ******* et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block, and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Robert Half Inc. (NYSE:RHI). Robert Half Inc. (NYSE:RHI) is a leading staffing and consulting company. On September 15, 2026, Robert Half Inc. (NYSE:RHI) closed at $38.30 per share. Over the past month, Robert Half Inc. (NYSE:RHI) declined 12.03% and its shares gained 10.28% over the past 52 weeks. Robert Half Inc. (NYSE:RHI) has a market capitalization of $3.92 billion, and its stock has traded within a 52-week range of $21.83 and $46.70.
Conventum – Alluvium Global Fund stated the following regarding Robert Half Inc. (NYSE:RHI) in its Q2 2026 investor letter:
"We last wrote about Robert Half Inc. (NYSE:RHI) (up 23.5%) in our December report, where we mentioned that hindsight suggests our purchasing during price descents in May, August and October were mistakes. This remains the case - but less so. Our expectation that the recruitment / outplacement market will slowly recover, appears, going by Robert Half's recent results, to be bearing fruit. And management remain cautiously optimistic. We did not trade the stock. The Fund's position is now 2.7%."
Robert Half Inc. (NYSE:RHI) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held Robert Half Inc. (NYSE:RHI) at the end of the second quarter which was 36 in the previous quarter. While we acknowledge the potential of Robert Half Inc. (NYSE:RHI) 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.

#half #NYSE

Broyhill ***** et Management, a Charlotte-based firm, issued its second-quarter 2026 investor letter, which is available for download here. The Broyhill Equity Composite gained 8.8% in Q2, trailing the MSCI All Country World Index's 15.1% and the MSCI ACWI Value Index's 10.8%. For the first half, the Composite returned 2.3%, versus 11.5% for the Index. The letter highlights that a significant portion of the shortfall occurred in April due to market dynamics and geopolitical events, with tech, particularly semiconductors, driving recent gains. Broyhill notes its lack of direct semiconductor exposure but acknowledges potential interest in the sector if opportunities arise, maintaining its investment philosophy focused on capital protection in fragile market conditions. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Broyhill ***** et Management highlighted Valvoline Inc. (NYSE:VVV) as a leading performance contributor. Valvoline Inc. (NYSE:VVV) is a US-based automotive preventive maintenance company that offers oil changes, battery, bulb, and wiper replacements; tire rotations; and other maintenance services. On September 14, 2026, Valvoline Inc. (NYSE:VVV) closed at $30.37 per share. Over the past month, Valvoline Inc. (NYSE:VVV) declined 9.69%, and its shares lost 25.33% over the past 52 weeks. Valvoline Inc. (NYSE:VVV) has a market capitalization of $3.87 billion.
Broyhill ***** et Management stated the following regarding Valvoline Inc. (NYSE:VVV) in its Q2 2026 investor letter:
"Valvoline Inc. (NYSE:VVV) gained 18%, having also led the first quarter. Comparable sales grew 8.2% against consensus near 5.4%, adjusted EBITDA grew 28%, and guidance was raised across comparable sales, EBITDA, and earnings. The company added 31 stores and now operates 2,409 stores, with ticket sales driving roughly two-thirds of the gain."
Valvoline Inc. (NYSE:VVV) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 44 hedge fund portfolios held Valvoline Inc. (NYSE:VVV) at the end of the second quarter, compared to 39 in the previous quarter. While we acknowledge the potential of Valvoline Inc. (NYSE:VVV) 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.

#valvoline #asset

Oracle disclosed in a regulatory filing that it is expanding its planned job cuts by approximately $700 million, bringing the total estimated cost of its 2026 Restructuring Plan to roughly $2.8 billion as the company presses forward with a costly AI data center buildout.
The additional costs reflect "additional actions that we expect to take," the company said. The plan, approved during fiscal 2026, encompasses severance payments, contract termination fees, and related exit costs, with a portion of the reduction linked to how Oracle is deploying AI across parts of its business.
Through August 31, Oracle had recorded roughly $2.1 billion in charges against the plan. The expansion was disclosed after the close of the company's fiscal first quarter, which ended August 31.
The restructuring push is unfolding as Oracle absorbs a steep rise in capital spending. Cash used for capital expenditures climbed to $28.5 billion in the quarter ended August 31, up from $8.5 billion in the same period a year earlier, the company said, driven by expansion of its data centers. Oracle reported negative free cash flow of $5.4 billion for the quarter.
To fund its buildout, the company said it raised $19.9 billion by selling approximately 141 million shares of common stock through an at-the-market offering program during the quarter. Oracle has said it plans to raise approximately $40 billion through a combination of debt and equity in its current fiscal year.

#plan #restructuring

Ethereum ETFs posted $824.41 million in inflows during the week of August 24–28, their strongest five-day total on record, followed by another $218.40 million the subsequent week.
The $24.29 million outflow on September 8 was concentrated in Grayscale's funds, while Fidelity's FETH attracted $9.89 million and BlackRock's ETHA recorded no outflow.
The latest outflow looks more like a pause than a reversal, but sustained withdrawals from ETHA or FETH, combined with a deeper ETH price decline, would be a stronger warning sign.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Ethereum (CRYPTO:ETH) Exchange Traded Fundss recorded a $24.29 million net outflow on September 8, 2026, their second outflow day since a five-day run in late August that brought in $824.41 million, the funds' strongest week on record.

#week #strongest

Joshua Allen Franks, Senior Vice President of Operations at e.l.f. Beauty, Inc. (NYSE:ELF), executed a sale of 5,512 shares of common stock on September 1, 2026, according to a recent SEC Form 4 filing.
Metric
Value
Transaction value
$606,320

#allen #senior

Key Takeaways
Polymarket says it is strengthening its systems for identifying insider trading and other suspicious activity ahead of the US midterm elections.
Nearly $12 million has been traded on whether the CLARITY Act will become law in 2026, although traders currently give it only a 15% chance.
Rival Kalshi has permanently banned former congressman George Santos over trades linked to his own State of the Union attendance.
Polymarket has pledged to intensify its crackdown on insider trading and other market misconduct as millions of dollars flow into politically sensitive prediction markets.

#nearly #george #santos

A deal potentially worth $120 billion would normally be the kind of announcement investors celebrate.
For Marvell Technology (MRVL), it produced the opposite reaction.
Shares of the chip designer dropped more than 8% to $221.60 in early trading Aug. 28, putting the company on pace to lose more than $17.4 billion in market value.
The company performed well. Management raised its revenue forecast, according to Reuters. **** ysts lifted price targets. Marvell has one of the biggest new artificial intelligence opportunities in the semiconductor industry in a custom-chip deal with Alphabet (GOOGL) subsidiary Google.
But Wall Street dumped the shares.

#chip #company #management

Good morning. Stocks slipped in early trading as investors saw an increased probability of a September rate hike and the US and Iran exchanged fire over the weekend, dampening sentiment near the end of an ebullient earnings season.
It's the final trading day of August, and the major indexes are on pace for solid monthly gains.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Tech (XLK) stocks traded flat against a broadly down market on Monday, with software and semiconductor stocks edging higher. The Energy sector (XLE) was the real standout, however, as rising oil prices stemming from the rekindled Middle East conflict lifted shares of Chevron (CVX), Exxon (XOM), and other energy firms.
PG&E Corporation (PCG) stock dragged down Utilities (XLU) after new California legislation left a lot of uncertainty about utilities' exposure to wildfire liabilities.

#trading #september #august

If there's one program that's truly vital to retired Americans, it's Social Security. Those monthly benefits can be a lifeline, particularly for those without much savings.
Social Security is a complex program that's loaded with rules, and it's important to understand its ins and outs. Here are three Social Security rules some retirees may not know about -- but should.
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 »
It's possible to earn money from a job while collecting Social Security. Once you reach full retirement age, which is 67 if you were born in 1960 or later, you can earn any amount of money from a job without a negative effect on your monthly checks.
However, if you work and receive benefits prior to full retirement age, you'll be subject to an earnings test. Exceeding its limits generally means having benefits withheld temporarily.

#security

Strategy Inc (NASDAQ:MSTR) rallied along with Bitcoin. The cryptocurrency rally followed a White House meeting with industry executives, while the Treasury Department's expanded bond-buyback plans lowered long-term yields and weakened the dollar.
However, Strategy Inc (NASDAQ:MSTR) is not a simple leveraged Bitcoin fund. The company held 843,775 Bitcoin on July 26, sold 1,638 Bitcoin during July 27-August 2, and another 1,690 during August 3-9, leaving 840,447 Bitcoin. That position was worth approximately $57.5 billion at Wednesday's Bitcoin price, but the figure represents gross **** et value rather than value attributable to common shareholders.
Common issuance increases gross Bitcoin per share only when the Bitcoin acquired per incremental **** umed diluted share exceeds the existing ratio. Issuing above net **** et value alone is insufficient because the share denominator and use of proceeds determine the result. Strategy Inc (NASDAQ:MSTR) reported that its company-defined Bitcoin-per-share metric increased 5% during the second quarter to 210,824 satoshis.
Strategy Inc (NASDAQ:MSTR) also had a $4.80 billion reserve as of August 16, including unsettled at-the-market offering proceeds. The reserve provides a buffer for contractual debt interest and preferred dividends when declared, although the preferred series have different terms, including **** ulative provisions for certain securities. This liquidity reduces near-term dependence on favorable Bitcoin or capital-market conditions.
Strategy Inc (NASDAQ:MSTR) reported $6.7 billion of aggregate convertible principal and a $15.5 billion aggregate preferred notional amount in May. At June 30, preferred equity had a $14.44 billion carrying amount and a $15.46 billion liquidation preference; repurchases began after quarter-end. These claims sit ahead of common equity under a basic-share valuation framework.

#NASDAQ

The Walt Disney Company (NYSE:DIS)'s ABC filed a First Amendment lawsuit against the Federal Communications Commission on August 18, 2026, calling the agency's investigation into the network a "retaliatory campaign." A federal judge rejected Disney's request for an urgent hearing on August 20, 2026, setting a filing deadline of September 24 and a hearing in early October instead.
This fight has become a real test of broadcasters' free speech rights, playing out as President Trump has repeatedly called for ABC to lose its licenses over programming he dislikes.
Can Disney actually win a First Amendment case against its own federal regulator, or does fighting the FCC risk making its licensing problems worse?
The FCC has already agreed to give The Walt Disney Company (NYSE:DIS) at least 48 hours' notice before referring ABC's licenses for a hearing, a procedural concession that removes the risk of a sudden license action. Commissioner Anna Gomez has publicly sided with ABC, giving Disney a sympathetic voice inside the regulator. The lawsuit leans on a unanimous 2024 Supreme Court precedent limiting government pressure on private speech.
On fundamentals, Disney enters this fight strong: companywide revenue grew 7% to $25.2 billion in fiscal Q3, and segment operating income rose 21% to $5.6 billion, ahead of guidance. Disney Experiences hit a record $9.97 billion, up 10%, while streaming reached a 13% SVOD margin and stays on track for double digits this year. That combination means ABC's legal exposure sits inside a company whose two biggest growth engines are firing together. A win would set a precedent limiting political pressure on Disney's other broadcast **** ets.

#company #NYSE

September Nymex natural gas (NGU26) on Wednesday closed up +0.072 (+2.60%).
Nat-gas prices rallied to a 1-month high on Wednesday and settled sharply higher. Forecasts for hot US weather that will boost nat-gas demand from electricity providers to power increased air-conditioning use pushed prices higher on Wednesday. The Commodity Weather Group said on Wednesday that forecasts shifted to hotter, with well-above-average temperatures expected across the eastern two-thirds of the US from August 31 through September 4.
NuScale Power Short Seller Profits Send Stark Warning to Investors
Crude Oil Prices Sharply Lower as Middle East Hostilities Subside
Will this Watson Wednesday be Driven by Wheat or Whisky?

#prices #power #nymex

On August 13, KinderCare Learning Companies (NASDAQ:KLC) reported second-quarter results that captured the company in the middle of major surgery on itself. Revenue slipped 0.4% to $697.5 million, and the company swung to a net loss of $8.8 million from net income of $38.6 million a year earlier. Behind those numbers sits a deliberate choice: management is closing dozens of underperforming centers even as the core business absorbs the hit.
The clearest bright spot is Champions, KinderCare's before- and after-school program, where revenue climbed 13.4% to $59.4 million on 85 net new sites added over the past year, marking four straight quarters of double-digit growth for the segment. KinderCare for Employers added new corporate partners during the quarter, including a stretch providing 24-hour childcare for Dallas public safety workers during the World Cup, and management is leaning further into tuition benefit programs as employers look for ways to support working parents.
The center closures are framed as addition by subtraction. Ninety percent of the locations shut so far sit in the lowest-performing fifth of the portfolio, and the 49 centers closed this quarter averaged occupancy below 37%. Management expects the full round of 80 to 85 closures to lift occupancy by roughly 1.5 percentage points once complete, while trimming annual rent by about $7 million.
Meanwhile, Creme School, KinderCare's premium brand, opened its first California location in Irvine and posted 26% growth in summer camp enrollment, and CEO Tom Wyatt said revenue from the Learning Adventures enrichment programs "has almost doubled from a year ago." The company also entered its 42nd state with a new center in Bentonville, Arkansas, helped along by fresh childcare funding commitments in New York, California and New Hampshire.
The headline numbers tell a rougher story. Adjusted EBITDA fell to $63.0 million from $82.4 million, and adjusted earnings per share dropped to $0.08 from $0.22, as lower occupancy ate into operating leverage. Same-center occupancy fell 2.4 percentage points to 68.6%, and enrollment in the core early childhood education business declined 4.0% year over year, a drag that a 2.6% tuition rate increase only partly offset. Same-center revenue fell $14 million, or 2%, with $11 million of that tied directly to center closures.

#million #center #management

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Planning a vacation is exciting, but buying travel insurance can feel like homework. Between comparing plans, checking what your credit card already covers, and sorting through policy fine print, it's easy to get bogged down in the details before you even pack your bags.
Here's everything you need to know about how to buy travel insurance without the guesswork.
You don't need travel insurance for every trip. If you're driving two hours to visit family, a standalone policy is probably overkill. But if you're spending thousands of dollars up front — or leaving the country — travel insurance deserves a second look.
Travel insurance is most useful for protecting prepaid, nonrefundable costs and covering medical emergencies. Purchasing a policy makes the most sense if you're taking an international trip, cruise, safari, luxury tour, or any vacation where you'd lose a meaningful amount of money if you had to cancel.

#insurance #you 're #need #trip

On Tuesday, Lego posted a record first-half of 41.9 billion Danish kroner, or roughly $6.5 billion, in revenue — up 21% from the same period in 2025. In constant currency terms, revenue grew 26%.
The company said operating profit climbed 22% to reach 10.9 billion Danish kroner, equivalent to around $1.7 billion. Net profit climbed 32% to 8.6 billion Danish kroner. Consumer sales grew 22%, driven by demand across the product range. The company said it outpaced the global toy market and gained market share.
CEO Niels B. Christiansen said the results reflected broad appeal across the portfolio. "Our portfolio of products offers something for everyone, and culturally relevant brand experiences continue to drive demand across the globe," Christiansen said in a statement.
In the first half of the year, Lego introduced 332 new sets. Bestselling themes included Speed Champions, Botanicals, Technic, Icons and Star Wars. The company also introduced its LEGO SMART Play platform, which brings sensor-based interactive features to brick sets, and debuted a partnership with Pokémon. Sporting partnerships tied to Formula 1, the FIFA World Cup 2026 and K-pop property KPop Demon Hunters also contributed to consumer demand.
Christiansen told CNBC that new partnerships draw in consumers who had not previously found their interests represented in the Lego brand. "We've also seen that we retain consumers really, really well, and we're selling more to those we have," he said.

#danish #christiansen #kroner

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
People love recommending businesses that have made them money. But one entrepreneur flipped the question around, asking business owners what is paying them well right now that they would "never recommend anyone start."
The recent Reddit discussion drew hundreds of responses, and plenty came from people who had found profitable niches but weren't exactly enjoying the ride.
Landscaping, insurance, marketing agencies, trucking, oil and gas, mobile mechanic work and even high-end travel advising made the list.
Don't Miss:

#people #benzinga #reddit

Nine tech giants carry $3 trillion in off-balance-sheet AI obligations, a figure triple their reported debt and nearly double a July estimate of $1.65 trillion.
Deferred depreciation could exceed $520 billion over three years, pushing Oracle's revenue share from 7% toward 28% and Meta's from 9% toward 19%.
Meta hides $27 billion in Hyperion data center debt by making Blue Owl Capital the majority owner while Meta serves only as tenant.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Every bull market eventually asks investors to squint past a number they'd rather not look at. In 2000, it was cash burn rates at dot-coms with no revenue. In 2008, it was mortgage-backed securities ****** ody could quite value. Today, it's the financing behind the AI buildout -- and specifically, how much of it never shows up on a balance sheet at all.

#trillion

Good morning. Stocks traded in the green at the open on Friday but were still pacing for weekly losses after this week's bond market intrigue. A rally in bitcoin (BTC-USD) lifted crypto stocks, while defensive names lagged.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Stocks were broadly green, with the exception of Utilities (XLU). The Basic Materials (XLB) sector was the morning's leader as commodities like copper (HG=F) and gold (GC=F) rose. Financial stocks (XLF) also saw strength, propelled by gains in Robinhood (HOOD) and Coinbase (COIN) stocks.
Here are some notable stocks that Yahoo Finance readers are viewing this morning: Strategy (MSTR), SK Hynix (SKHY), Coinbase, Circle (CRCL), Alibaba (BABA), Robinhood, Freeport-McMoRan (FCX)
Click here for the latest stock market news and in-depth ***** ysis, including events that move stocks

#stocks #robinhood #green #Friday

Image source: The Motley Fool.
Tuesday, Aug. 11, 2026 at 10:00 a.m. ET
Vice President of Investor Relations-Kelly O'Brien
Chief Executive Officer-Samuel Pigott
Chief Financial Officer-Alexander Shulga

#kelly

Following the Washington-led removal of Venezuela's previous president, Nicolás Maduro, from office on 3 January this year, U.S. firms are pushing hard to keep increasing oil production from the hydrocarbons giant, in line with President Donald Trump's grand plans for the country within his new world order. The foundation for such output increases is extremely solid, as Venezuela still holds the world's largest proven crude reserves -- roughly 303 billion barrels, or about 17% of the global total. Most of this is extra-heavy crude oil from the Orinoco Belt that requires more technical expertise to handle than lighter grades but is cheaper to lift and often more profitable to process, with the challenge lying in transporting, upgrading, and refining it, not extracting it. Moreover, of its 14 supergiant oil fields, 11 retain more than half of their original reserves. Once up and running to something approaching full capacity, the country is to play a key role in the 'Americas' geographical sphere -- one of three such regions, as delineated recently in the U.S.'s '2025 National Security Strategy' -- so where are we now in this development arc following comments in the past week or so from U.S. oil and gas giant, Chevron?
According to chief financial officer Eimear Bonner, during a recent earnings call, the U.S. supermajor has increased its oil production in Venezuela from 40,000 barrels per day (bpd) to 250,000 bpd over the past few years. And, based solely on its three current joint ventures in the country, output has risen over just the past six months by 12% year on year to 280,000 bpd. This followed the mid-April announcement of an **** et-swap agreement with Petróleos de Venezuela, S.A. (PDVSA), under which Chevron received an additional 13.21% interest in the Petroindependencia joint venture, increasing its total stake to 49%. The U.S. firm's other two joint ventures include Petropiar (in which a Chevron subsidiary holds a 30% interest and has the rights to develop the adjacent Ayacucho 8 area in the Orinoco Oil Belt), and Petroindependiente (in which it has a 25.2% non-operated interest in the west of the country). Looking ahead, Bonner added that Chevron expects its production across Venezuela to rise by 50% between now and the end of 2028, which would bring the total up to 420,000 bpd. Across the country as a whole, July saw average crude oil production by Venezuelan state oil company PDVSA and its foreign partners increase by 20,000 bpd to 1.21 million bpd, according to Ministry of Hydrocarbons data. Nearly all of this is now exported, compared to an average of 847,000 bpd in 2025. That said, back in the early 2000s, Venezuela's crude production was running at over 3 million barrels per day.

#crude #past #joint

Few chipmakers have rewarded investors as handsomely as Advanced Micro Devices (AMD). The stock has delivered an impressive 361.6% gain over the past five years, but Bank of America Corporation believes Advanced Micro still has significant upside.
On Thursday, Aug. 13, **** yst Vivek Arya raised the firm's 2030 server central processing unit (CPU) market forecast to more than $210 billion from around $170 billion, citing stronger demand for artificial intelligence (AI) compute and memory. The bank now expects the server CPU market to grow at a 36% compound annual rate, up from 30%, implying nearly 5x growth from the ~$35bn CY25 level.
CoreWeave vs Nebius: Both Companies Reported Strong Earnings, But Here's the Stock You Should Buy
As Oracle Deepens Its Partnership with AWS, Here's How You Should Play ORCL Stock
Netflix Stock Is Cheap and It Has More Than 70% Upside Potential Here

#advanced #upside #server #devices

Interested in Triple Flag Precious Metals Corp.? Here are five stocks we like better.
Strong first-half results: Triple Flag sold nearly 29,000 gold-equivalent ounces in Q2 2026, while adjusted EBITDA rose 54% year over year and operating cash flow per share increased 42% to $0.54.
Guidance raised after Ravenswood acquisition: The company lifted its 2026 GEO guidance to 100,000–110,000 and its 2030 outlook to 150,000–160,000 following its $440 million acquisition of a 5.5% gold stream on Australia's Ravenswood mine.
Shareholder returns and growth pipeline: Triple Flag raised its annualized dividend 4% to $0.24 per share and repurchased $20 million of stock, while maintaining more than $1.1 billion in liquidity and highlighting future growth from ******* ets including Hope Bay, Northparkes and Arthur.
These 3 Surging Gold & Silver Stocks Just Boosted Dividends

#ravenswood #guidance

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter.
Bain Capital is buying Gong cha from TA ***** ociates, a private equity firm that purchased the bubble tea chain in 2019, according to a Wednesday press release.
The terms of the transaction were not disclosed, but the deal is expected to close in the fourth quarter.
Gong cha has about 2,200 locations worldwide, including roughly 240 in the U.S. as of March. The chain recently acquired 170 stores from its U.S. master franchisee to strengthen its American operations.
Last month, Gong cha signed its largest direct franchising deal ever — a 50-store agreement in Texas — as part of its push to eventually reach 1,000 U.S. units.

#restaurant #daily #chain #wednesday

Snap (SNAP) got a much-needed boost in Tuesday morning trading, after the Snapchat parent company's second-quarter results beat expectations
Snap reported a loss of 10 cents per share for the June-ended quarter, narrowed from a loss of 16 cents per share a year earlier. That was better than the loss of 12 cents per share that ******* ysts polled by FactSet were forecasting. Sales increased 19% to $1.6 billion, compared with ******* yst estimates of $1.54 billion.
For the current quarter, Snap guided for sales of $1.72 billion at the midpoint of its range. Prior to the company posting its results, ******* ysts were projecting Snap would have $1.7 billion in September-quarter sales, according to FactSet.
Daily active users were 5% year-over-year to 493 million. ******* ysts were forecasting 488 million. User growth for Snap has come into focus for investors as governments limit or ban social media use by teens. Snap is also facing thousands of lawsuits from users as part of a wider docket of cases that includes Instagram and Facebook parent Meta Platforms (META), TikTok and YouTube parent Alphabet (GOOGL).
Advertising revenue climbed 9% to $1.28 billion. On a call with ******* ysts, Chief Executive Evan Spiegel said Snapchat saw improved advertisign performance with North American business. He said the World Cup boosted ad spending during the quarter.

#sales

Cisco Systems, Inc. (CSCO) is a global technology company headquartered in San Jose, California, that develops networking hardware, cybersecurity, collaboration, observability, and AI-driven infrastructure solutions for enterprises, governments, and service providers. The company has evolved from its networking roots into a leading provider of secure connectivity and AI-era digital infrastructure, with a growing focus on software and subscription-based services. Cisco has a market cap of $456.7 billion, making it one of the world's largest technology companies.
This company has outperformed the broader market over the past 52 weeks. Shares of Cisco have rallied 72.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.8%. Moreover, on a YTD basis, the stock is up 50.4%, compared to SPX's 11% rise.
General Motors vs. Ford: 1 Auto Giant Is Winning the EV Race
1 ****** anese Company Just Waved a Red Flag for Micron Stock. How to Play It Here.
Stocks Rally on Easing Geopolitical Risks and US Economic Strength

#company #broader

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Mid Cap Growth Fund". A copy of the letter is available to download here. Mid-cap stocks delivered strong results, with the Russell Midcap® Growth Index rising 14.55% and slightly outperforming the Russell Midcap® Value Index's 13.40% gain. Information technology led the growth index with a 36.90% return, while industrials also outperformed, and energy was the only sector to decline. The quarter was supported by resilient corporate earnings, economic growth and AI infrastructure spending, although geopolitical tensions, higher energy prices and election-related uncertainty could create volatility. The firm remains optimistic that data-center investment will support technology, energy, defense and automation companies, while attractive healthcare valuations and stronger merger activity could create opportunities. However, financials and consumer stocks face mixed conditions because of housing weakness, inflation and uneven spending. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted Insmed Incorporated (NASDAQ:INSM). Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focusing on developing therapies for patients with serious and rare diseases. On July 23, 2026, Insmed Incorporated (NASDAQ:INSM) closed at $103.12 per share, reflecting a market capitalization of $22.35 billion. Insmed Incorporated (NASDAQ:INSM) posted a one-month return of -10.60%, and its shares lost 7.00% over the past 52 weeks.
Carillon Eagle Mid Cap Growth Fund stated the following regarding Insmed Incorporated (NASDAQ:INSM) in its Q2 2026 investor letter:
"Insmed Incorporated (NASDAQ:INSM) is a biopharmaceutical company focused on developing and commercializing therapies for serious and rare diseases. The company underperformed primarily because first-quarter Brinsupri sales, which were ahead of consensus estimates, fell short of more bullish estimates. Fortunately, second-quarter prescription trends have been strong and point to sales closer to the high end of consensus expectations."
Insmed Incorporated (NASDAQ:INSM) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 67 hedge fund portfolios held Insmed Incorporated (NASDAQ:INSM) at the end of the first quarter which was 75 in the previous quarter. While we acknowledge the potential of Insmed Incorporated (NASDAQ:INSM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

#insmed #company

Top 10 Creations (All ETFs)
Ticker
Name
Net Flows ($, mm)
AUM ($, mm)

#flows

Members of the Institute of Chartered Accountants in England and Wales (ICAEW) could support UK Prime Minister Andy Burnham's plans to channel more investment into towns, infrastructure and local economies, but are urging him not to repeat the tax mistakes they say damaged business confidence under the previous government.
That is according to a new ICAEW poll of 875 members conducted between 6 July and 10 July 2026, which found that business taxation is seen as the most urgent issue for the new administration.
Nearly 57% of the respondents said easing the tax burden on businesses should be Burnham's top priority on taking office.
Members said repeated changes to the tax system in recent years had created uncertainty for companies and weakened willingness to invest.
They also cited last year's increase in employer National Insurance contributions, which some described as "crippling" for small businesses. Respondents said the rise constrained hiring, investment and expansion.

#businesses #institute

Economic issues have forced another franchisee of the nation's largest fast-food chain, Subway, to file for bankruptcy protection, as the restaurant sector continues to battle rising costs.
Subway Sandwich Shop franchisee Cherry ****** e Company, which operates three North Dakota locations, filed for Chapter 11 bankruptcy to reorganize its businesses, according to BankruptcyObserver.
The Regent, N.D.-based Subway franchisee filed its Subchapter V petition in the U.S. Bankruptcy Court for the District of North Dakota on July 21, listing over $19,000 in ****** ets and over $1.8 million in debts, according to court documents.
The debtor did not give a reason for filing for bankruptcy in its petition. Debtor counsel Karl Johnson of MJB Law Firm PLLC was not immediately available for comment.
The debtor's largest unsecured creditors include the U.S. Small Business Administration, owed over $487,000; Dakota Western Bank, owed over $394,000, Grasshopper Bank, owed over $343,000; TVT Capital Source LLC, owed $240,000; Glenridge Capital LLC, owed over $130,000; and Byzfunder NY LLC, owed $128,000.

#bank

With a market cap of $75.1 billion, EOG Resources, Inc. (EOG) is an independent energy company that explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas across major producing basins in the United States, the Republic of Trinidad and Tobago, and other international locations. It also provides crude oil and condensate gathering, processing, and marketing services.
The Houston, Texas-based company is set to announce its fiscal Q2 2026 results after the market closes on Tuesday, Aug. 4. Ahead of the event, ****** ysts expect EOG to report an adjusted EPS of $5.08, a climb of nearly 119% from $2.32 in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters.
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#crude