17 hours ago
SPY rose in five of six Novembers after midterms, gaining as much as 6% in 2002 and 2022 following severe bear markets.
DIA finished higher in all six post-midterm years, with gains ranging from 5% to 20%, fitting a broader presidential-cycle pattern.
In 2018, SPY gained nearly 2% in November then crashed 9% in December, ending the year 7% below pre-election levels.
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.
Election nights tend to rattle retirement savers, but Wall Street opened Wednesday more calmly. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY), the most widely held stand-in for the benchmark S&P 500, traded at $763.08 before the open on November 4. That was up 1.16% from its November 3 close of $754.35. Reuters reported that stocks rallied and the dollar dipped after what it called a Democratic midterm sweep. But one session tells a 401(k) holder very little. The more useful guide is how the index behaved in the weeks and months after past midterms. That record shows a steady winning run, along with a few sharp breaks.
#midterms #midterm #december
DIA finished higher in all six post-midterm years, with gains ranging from 5% to 20%, fitting a broader presidential-cycle pattern.
In 2018, SPY gained nearly 2% in November then crashed 9% in December, ending the year 7% below pre-election levels.
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.
Election nights tend to rattle retirement savers, but Wall Street opened Wednesday more calmly. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY), the most widely held stand-in for the benchmark S&P 500, traded at $763.08 before the open on November 4. That was up 1.16% from its November 3 close of $754.35. Reuters reported that stocks rallied and the dollar dipped after what it called a Democratic midterm sweep. But one session tells a 401(k) holder very little. The more useful guide is how the index behaved in the weeks and months after past midterms. That record shows a steady winning run, along with a few sharp breaks.
#midterms #midterm #december
10 days ago
This story was originally published on Marketing Dive. To receive daily news and insights, subscribe to our free daily Marketing Dive newsletter.
Walmart is reworking an iconic piece of pop culture history to bolster its holiday marketing and a "Who Knew?" brand platform starring Walton Goggins. The goal is to offer a unified marketing push with multigenerational appeal throughout the crucial gift-giving season.
The retailer in the past ran separate campaigns around different legs of the holiday season, such as the ramp-up to Black Friday, but has leveraged "Who Knew?" to streamline its storytelling. "Who Knew?," which launched last year, was developed to dispel misperceptions about the brand and position it as more style- and trend-forward as Walmart wins over higher-income shoppers.
"The holidays are an incredibly cluttered period of time from an advertising standpoint, and so the ability to break through is really important," Walmart CMO William White said in an interview. "Having one [theme], one campaign throughout the season allows a really quick read for customers to know it's Walmart."
#dive
Walmart is reworking an iconic piece of pop culture history to bolster its holiday marketing and a "Who Knew?" brand platform starring Walton Goggins. The goal is to offer a unified marketing push with multigenerational appeal throughout the crucial gift-giving season.
The retailer in the past ran separate campaigns around different legs of the holiday season, such as the ramp-up to Black Friday, but has leveraged "Who Knew?" to streamline its storytelling. "Who Knew?," which launched last year, was developed to dispel misperceptions about the brand and position it as more style- and trend-forward as Walmart wins over higher-income shoppers.
"The holidays are an incredibly cluttered period of time from an advertising standpoint, and so the ability to break through is really important," Walmart CMO William White said in an interview. "Having one [theme], one campaign throughout the season allows a really quick read for customers to know it's Walmart."
#dive
29 days ago
She's done everything right: raised four kids, largely as a single mother, has no debt and a fully funded emergency savings account. Her retirement savings are about $1 million split between a "Roth and 401(k)," and her paid-off home in Illinois is worth around $350,000.
By almost any measure, this woman has won. So why does she want to give it all up and rent?
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 reasons why retirees can't afford to waste time
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
#savings #illinois #americans #asap
By almost any measure, this woman has won. So why does she want to give it all up and rent?
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 reasons why retirees can't afford to waste time
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
#savings #illinois #americans #asap
2 months ago
Uber Technologies Inc. (NYSE:UBER) has secured Madrid as the fourth city covered by its partnership with WeRide, bringing Spain into its rapidly expanding autonomous vehicle network. The company's broader AV strategy covers more than 30 partners, while Uber expects to commit more than $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years. At the center of that strategy is Uber's decision not to build self-driving technology itself. Instead, the company wants to become the indispensable demand layer for whichever AV providers ultimately emerge as winners. Yet the diversification strategy is facing pressure in key areas. One of its most prominent AV partners is pulling back, while another remains under an active safety investigation.
Uber, WeRide, and AVOMO have secured Spain's first national permit covering level 4 autonomous passenger vehicles. The permit was issued by Spain's Directorate General of Traffic and allows the companies to begin deployment preparations on public roads in Madrid. Under the permit, WeRide can test its GXR vehicles and conduct roadmapping throughout Madrid in preparation for a commercial launch planned for year-end. The rollout will begin with 20 vehicles, each supervised by an in-car specialist, operating across high-demand areas of Greater Madrid. Madrid becomes the fourth city included in the Uber-WeRide partnership, which plans to reach 15 cities globally by 2030. The expansion also fits Uber's broader ******* et-light AV strategy, which includes more than 30 partnerships while Uber expects to commit over $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years.
The diversification of Uber's AV network does not eliminate risks from individual partners. Uber and Waymo confirmed in late June that their Phoenix partnership had ended, while Waymo is reportedly considering a broader exit from its relationship with Uber. This comes even as Uber executives have publicly criticized Waymo's model while investing substantial capital in competing fleets. Avride is facing a separate challenge, with the NHTSA investigating the Uber AV partner after multiple crashes. At the same time, Tesla is ramping up its own Cybercab fleet, while Waymo has raised $16 billion to accelerate its independent growth. Together, these moves could reduce Waymo's reliance on Uber while increasing competitive pressure on Uber's AV platform.
#madrid #waymo
Uber, WeRide, and AVOMO have secured Spain's first national permit covering level 4 autonomous passenger vehicles. The permit was issued by Spain's Directorate General of Traffic and allows the companies to begin deployment preparations on public roads in Madrid. Under the permit, WeRide can test its GXR vehicles and conduct roadmapping throughout Madrid in preparation for a commercial launch planned for year-end. The rollout will begin with 20 vehicles, each supervised by an in-car specialist, operating across high-demand areas of Greater Madrid. Madrid becomes the fourth city included in the Uber-WeRide partnership, which plans to reach 15 cities globally by 2030. The expansion also fits Uber's broader ******* et-light AV strategy, which includes more than 30 partnerships while Uber expects to commit over $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years.
The diversification of Uber's AV network does not eliminate risks from individual partners. Uber and Waymo confirmed in late June that their Phoenix partnership had ended, while Waymo is reportedly considering a broader exit from its relationship with Uber. This comes even as Uber executives have publicly criticized Waymo's model while investing substantial capital in competing fleets. Avride is facing a separate challenge, with the NHTSA investigating the Uber AV partner after multiple crashes. At the same time, Tesla is ramping up its own Cybercab fleet, while Waymo has raised $16 billion to accelerate its independent growth. Together, these moves could reduce Waymo's reliance on Uber while increasing competitive pressure on Uber's AV platform.
#madrid #waymo
2 months ago
By Andrea Shalal
WASHINGTON, Sept 16 (Reuters) - The U.S. International Development Finance Corp on Wednesday approved a $500 million trade financing facility that will help U.S. companies access emerging markets in South America, Southeast Asia and Africa, the agency's chief executive, Ben Black, said.
The facility, approved by the DFC's board, will offer counter-guarantees in partnership with the World Bank's International Finance Corp, its private-sector arm, and its Global Trade Finance Program, Black told Reuters.
"The goal is trying to expand the program and further grow U.S. exports," he said in an interview.
Under Black's leadership, DFC has expanded its investment cap to $205 billion and shifted its focus from traditional poverty alleviation toward mining, extractive industries, energy and digital infrastructure, with an eye to countering China's global influence and securing vital supply chains for the U.S.
#trade #global #program #approved
WASHINGTON, Sept 16 (Reuters) - The U.S. International Development Finance Corp on Wednesday approved a $500 million trade financing facility that will help U.S. companies access emerging markets in South America, Southeast Asia and Africa, the agency's chief executive, Ben Black, said.
The facility, approved by the DFC's board, will offer counter-guarantees in partnership with the World Bank's International Finance Corp, its private-sector arm, and its Global Trade Finance Program, Black told Reuters.
"The goal is trying to expand the program and further grow U.S. exports," he said in an interview.
Under Black's leadership, DFC has expanded its investment cap to $205 billion and shifted its focus from traditional poverty alleviation toward mining, extractive industries, energy and digital infrastructure, with an eye to countering China's global influence and securing vital supply chains for the U.S.
#trade #global #program #approved
2 months ago
The pre-market for Amazon looks a bit bullish, although I wouldn't call it overly bullish. We are in an area that should be interesting for technical traders, though, as the last earnings call produced a massive gap and we find ourselves at the 61.8% Fibonacci retracement level.
We are getting close to an oversold condition in the stochastic oscillator, and the 10-year yield is now at 5% again, so that has its own part to play here.
I do think we have a situation where traders continue to look at this as a potential value play, but it is also going to be heavily influenced by the U.S. consumer and how it is feeling. Interest rates rising and inflation rising are not good things, but so far it looks like we are at least finding some type of support.
Walmart is doing very little in pre-market trading. It is currently finding the 50-day EMA as a potential barrier, and as a result, it might be worth looking at this through the prism of whether or not we can get above there. We are in the overbought condition in the stochastic oscillator, so maybe a little bit more consolidation. That would not be overly surprising because after all, most of the day is going to be waiting around for the Federal Reserve interest rate decision, and perhaps more important than that will be the press conference.
Target looks as if it is going to basically open up where it closed during the previous session, which was pretty ugly for Target. We are sitting just above the 50-day EMA, and it is in a nice uptrend. We are oversold in the stochastic oscillator now, so I'll be looking for some type of bounce.
#looks #overly
We are getting close to an oversold condition in the stochastic oscillator, and the 10-year yield is now at 5% again, so that has its own part to play here.
I do think we have a situation where traders continue to look at this as a potential value play, but it is also going to be heavily influenced by the U.S. consumer and how it is feeling. Interest rates rising and inflation rising are not good things, but so far it looks like we are at least finding some type of support.
Walmart is doing very little in pre-market trading. It is currently finding the 50-day EMA as a potential barrier, and as a result, it might be worth looking at this through the prism of whether or not we can get above there. We are in the overbought condition in the stochastic oscillator, so maybe a little bit more consolidation. That would not be overly surprising because after all, most of the day is going to be waiting around for the Federal Reserve interest rate decision, and perhaps more important than that will be the press conference.
Target looks as if it is going to basically open up where it closed during the previous session, which was pretty ugly for Target. We are sitting just above the 50-day EMA, and it is in a nice uptrend. We are oversold in the stochastic oscillator now, so I'll be looking for some type of bounce.
#looks #overly
2 months ago
Kimberly-Clark Corporation (NASDAQ:KMB) is preparing ***** et sales to address EU antitrust concerns surrounding its planned $40 billion acquisition of Kenvue, according to Reuters. The company is reportedly seeking to offer remedies that could secure European Commission approval by the September 29 deadline, avoiding a more extensive four-month investigation. Similar regulatory concerns have already emerged in Australia, where the deal received conditional approval after Kimberly-Clark agreed to divest Kenvue's Carefree and Stayfree brands.
The transaction is strategically important because it would create a consumer-health and personal-care company with approximately $32 billion of annual revenue and $7 billion of adjusted EBITDA. Kimberly-Clark Corporation (NASDAQ:KMB) expects about $1.9 billion of annual cost synergies and $500 million of revenue synergies, although it expects to invest roughly $2.5 billion in cash to achieve the cost savings. Therefore, the scale of any EU divestitures will be critical to determining whether Kimberly-Clark can retain the expected economic benefits of the deal.
The strongest bullish argument is that Kimberly-Clark Corporation (NASDAQ:KMB) is actively working toward a regulatory solution rather than allowing the EU review to threaten the transaction. If the company can satisfy regulators through limited ***** et sales, it could preserve the majority of Kenvue's revenue and earnings while moving ahead with the combination. The expected $1.9 billion in annual cost savings represents a substantial earnings opportunity relative to the combined company's roughly $7 billion adjusted EBITDA target, giving Kimberly-Clark significant potential to improve margins and cash generation after integration.
The Australian precedent also suggests that targeted divestitures could be sufficient to resolve competition concerns without materially undermining the broader deal. Securing EU approval by September 29 would be particularly positive because it would remove a major source of uncertainty and allow Kimberly-Clark Corporation (NASDAQ:KMB) to focus on integration and synergy execution. With Kenvue adding major brands across consumer health and personal care, successful completion could also broaden Kimberly-Clark's portfolio and reduce its reliance on its existing product categories.
The biggest risk is that the EU requires more substantial ***** et sales than Kimberly-Clark Corporation (NASDAQ:KMB) currently expects. Giving up attractive Kenvue brands or businesses in Europe could reduce the revenue and EBITDA acquired through the transaction, while Kimberly-Clark would still have to bear much of the financing, transaction, and integration burden. That could make the $40 billion purchase price less attractive on a risk-adjusted basis, particularly if the divested ***** ets are among Kenvue's stronger European businesses.
#revenue
The transaction is strategically important because it would create a consumer-health and personal-care company with approximately $32 billion of annual revenue and $7 billion of adjusted EBITDA. Kimberly-Clark Corporation (NASDAQ:KMB) expects about $1.9 billion of annual cost synergies and $500 million of revenue synergies, although it expects to invest roughly $2.5 billion in cash to achieve the cost savings. Therefore, the scale of any EU divestitures will be critical to determining whether Kimberly-Clark can retain the expected economic benefits of the deal.
The strongest bullish argument is that Kimberly-Clark Corporation (NASDAQ:KMB) is actively working toward a regulatory solution rather than allowing the EU review to threaten the transaction. If the company can satisfy regulators through limited ***** et sales, it could preserve the majority of Kenvue's revenue and earnings while moving ahead with the combination. The expected $1.9 billion in annual cost savings represents a substantial earnings opportunity relative to the combined company's roughly $7 billion adjusted EBITDA target, giving Kimberly-Clark significant potential to improve margins and cash generation after integration.
The Australian precedent also suggests that targeted divestitures could be sufficient to resolve competition concerns without materially undermining the broader deal. Securing EU approval by September 29 would be particularly positive because it would remove a major source of uncertainty and allow Kimberly-Clark Corporation (NASDAQ:KMB) to focus on integration and synergy execution. With Kenvue adding major brands across consumer health and personal care, successful completion could also broaden Kimberly-Clark's portfolio and reduce its reliance on its existing product categories.
The biggest risk is that the EU requires more substantial ***** et sales than Kimberly-Clark Corporation (NASDAQ:KMB) currently expects. Giving up attractive Kenvue brands or businesses in Europe could reduce the revenue and EBITDA acquired through the transaction, while Kimberly-Clark would still have to bear much of the financing, transaction, and integration burden. That could make the $40 billion purchase price less attractive on a risk-adjusted basis, particularly if the divested ***** ets are among Kenvue's stronger European businesses.
#revenue
2 months ago
Hyperliquid (HYPE) has jumped by 4% in the past 24 hours, following the listing of a popular memecoin called USELESS, whose trading volumes has exploded recently.
This Solana-based memecoin has jumped by 15% following its Hyperliquid listing, while volumes have increased by 30% to $173 million.
Such levels account for 56% of the ****** et's circulating market cap, reflecting the strength of the buying pressure.
USELESS has seen its price explode by 683% as the token went viral on social media and started to gain traction among retail investors quickly.
Hyperliquid's listing looks like a strategic move to capitalize on its rising popularity and significant volumes.
#volumes
This Solana-based memecoin has jumped by 15% following its Hyperliquid listing, while volumes have increased by 30% to $173 million.
Such levels account for 56% of the ****** et's circulating market cap, reflecting the strength of the buying pressure.
USELESS has seen its price explode by 683% as the token went viral on social media and started to gain traction among retail investors quickly.
Hyperliquid's listing looks like a strategic move to capitalize on its rising popularity and significant volumes.
#volumes
2 months ago
If you have a workplace retirement savings account, then you might be happy to hear that — despite market fluctuations, fears of an AI bubble and an uncertain economy — account balances have reached record highs.
That's according to Fidelity's Q2 2026 retirement ***** ysis, which shows that retirement savings benefitted from a strong stock market after a slight drop in returns in the first quarter of this year, with 401(k) and 403(b) plans rebounding to new levels.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#bezos #ramsey #americans
That's according to Fidelity's Q2 2026 retirement ***** ysis, which shows that retirement savings benefitted from a strong stock market after a slight drop in returns in the first quarter of this year, with 401(k) and 403(b) plans rebounding to new levels.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#bezos #ramsey #americans
2 months ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Find out which banks are offering the best CD rates right now. If you're looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely.
Learn more about where CD rates stand today and how to find the best rates available.
CD rates are relatively high compared to historical averages. That said, CD rates have been on the decline since last year when the Federal Reserve began cutting its target rate. The good news is that several financial institutions offer competitive rates of 4% APY and up, particularly online banks.
Today, Thursday, September 3, the highest CD rate is 4.30%. Marcus by Goldman Sachs offers it on its 18-month CD.
#banks #savings
Find out which banks are offering the best CD rates right now. If you're looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely.
Learn more about where CD rates stand today and how to find the best rates available.
CD rates are relatively high compared to historical averages. That said, CD rates have been on the decline since last year when the Federal Reserve began cutting its target rate. The good news is that several financial institutions offer competitive rates of 4% APY and up, particularly online banks.
Today, Thursday, September 3, the highest CD rate is 4.30%. Marcus by Goldman Sachs offers it on its 18-month CD.
#banks #savings
2 months ago
Ryanair, the biggest low-fare airline in Europe, on Wednesday lowered its winter traffic target to reduce exposure to high unhedged oil prices, and warned the some of its less well-hedged competitors could struggle to survive this winter amid high fuel costs.
Since the Iran war slashed deliveries of crude oil and petroleum products from the Middle East, rising jet fuel prices have eaten into the profitability of all airlines globally.
Ryanair is one of the most hedged airlines, with about 80% of fuel costs hedged at $67 per barrel. However, the remaining unhedged 20% is highly exposed to the jet fuel prices currently trading at about $140 per barrel, Ryanair said in its August 2026 traffic stats.
In light of the high unhedged oil prices, "it is sensible to strategically reduce the Group's exposure to unhedged jet fuel during the unprofitable winter schedule (from Nov. to Mar.)," the budget airline said.
Ryanair cut its winter traffic target to 214 million from 216 million passengers, expecting traffic to be broadly flat year-over-year.
#airline
Since the Iran war slashed deliveries of crude oil and petroleum products from the Middle East, rising jet fuel prices have eaten into the profitability of all airlines globally.
Ryanair is one of the most hedged airlines, with about 80% of fuel costs hedged at $67 per barrel. However, the remaining unhedged 20% is highly exposed to the jet fuel prices currently trading at about $140 per barrel, Ryanair said in its August 2026 traffic stats.
In light of the high unhedged oil prices, "it is sensible to strategically reduce the Group's exposure to unhedged jet fuel during the unprofitable winter schedule (from Nov. to Mar.)," the budget airline said.
Ryanair cut its winter traffic target to 214 million from 216 million passengers, expecting traffic to be broadly flat year-over-year.
#airline
2 months ago
Intercontinental Exchange (ICE) (NYSE: $ICE), the parent company of the New York Stock Exchange, has partnered with blockchain infrastructure firm tZERO to build the systems behind its planned market for tokenized securities.
On Monday, the companies announced that tZERO will work with ICE on transfer-agent and broker-dealer infrastructure designed to support the onchain settlement of tokenized securities on ICE's upcoming NYSE-affiliated digital trading platform.
ICE will also invest in tZERO's latest funding round and license its portfolio of 103 blockchain patents. The size of the investment was not disclosed.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#Blockchain #infrastructure
On Monday, the companies announced that tZERO will work with ICE on transfer-agent and broker-dealer infrastructure designed to support the onchain settlement of tokenized securities on ICE's upcoming NYSE-affiliated digital trading platform.
ICE will also invest in tZERO's latest funding round and license its portfolio of 103 blockchain patents. The size of the investment was not disclosed.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#Blockchain #infrastructure
2 months ago
Calling all crypto-heads! Last week, crypto exchange operator Kraken announced the Krak Card, a debit instrument that provides cashback in either traditional U.S. dollars or cryptocurrency.
This isn't the first crypto cashback plastic on the scene and, given the recent upswing in digital coinage, probably not the last. Here's a brief look at the card and this interesting new niche of the payment card market.
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 »
Kraken, which isn't publicly traded but has filed the regulatory documentation necessary for an IPO, announced the Krak Card last week. The cashback feature returns from 0% to 2% (depending on the user's total holdings across the Kraken network) on every purchase. It's affected by either greenbacks or Bitcoin (CRYPTO: BTC).
The company's timing was fortuitous. The day after it formally announced its product, Treasury Secretary Scott Bessent said the Treasury would, at a minimum, double its regular repurchases of relatively long-term government debt securities.
#last #cashback #treasury
This isn't the first crypto cashback plastic on the scene and, given the recent upswing in digital coinage, probably not the last. Here's a brief look at the card and this interesting new niche of the payment card market.
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 »
Kraken, which isn't publicly traded but has filed the regulatory documentation necessary for an IPO, announced the Krak Card last week. The cashback feature returns from 0% to 2% (depending on the user's total holdings across the Kraken network) on every purchase. It's affected by either greenbacks or Bitcoin (CRYPTO: BTC).
The company's timing was fortuitous. The day after it formally announced its product, Treasury Secretary Scott Bessent said the Treasury would, at a minimum, double its regular repurchases of relatively long-term government debt securities.
#last #cashback #treasury
2 months ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Revenue growth was driven by the recovery of semiconductor design releases that were previously delayed in fiscal Q2, with gradual improvement continuing through May and the remainder of Q3.
High-end IC revenue reached a record 44% of total IC sales as wafer fabs prioritized higher profitability projects and accelerated node migration to 28nm, 22nm, and 14nm.
Mainstream IC business declined to $86 million, reflecting a natural evolution toward higher ASP chip designs as customers transition to more advanced technology nodes.
FPD revenue remained near historical highs, supported by strong OLED demand for flagship consumer electronics in developed markets, despite memory constraints affecting emerging market launches.
#analysts
Revenue growth was driven by the recovery of semiconductor design releases that were previously delayed in fiscal Q2, with gradual improvement continuing through May and the remainder of Q3.
High-end IC revenue reached a record 44% of total IC sales as wafer fabs prioritized higher profitability projects and accelerated node migration to 28nm, 22nm, and 14nm.
Mainstream IC business declined to $86 million, reflecting a natural evolution toward higher ASP chip designs as customers transition to more advanced technology nodes.
FPD revenue remained near historical highs, supported by strong OLED demand for flagship consumer electronics in developed markets, despite memory constraints affecting emerging market launches.
#analysts
2 months ago
Home prices rose again in June as mortgage rates stabilized during the typical peak period for buying and selling.
The S&P Cotality Case-Shiller 20-City Composite Home Price Index, which measures home prices in 20 of the nation's largest metropolitan areas, increased 2.1% in June from a year earlier, according to data released Tuesday.
The national index, which includes more metro areas, jumped 1.5%.
"While home prices continue to decline in real terms, lower inflation and firmer nominal home price growth in June helped slow that pace of erosion," Rebecca Kaufman, ***** ociate director of commodities at S&P Dow Jones Indices, said in a statement.
Mortgage rates held steady around 6.5% in June, a level high enough to sideline many prospective buyers and sellers. But those who remained in the market enjoyed a period of stability after rates rose rapidly in the spring.
#home #areas
The S&P Cotality Case-Shiller 20-City Composite Home Price Index, which measures home prices in 20 of the nation's largest metropolitan areas, increased 2.1% in June from a year earlier, according to data released Tuesday.
The national index, which includes more metro areas, jumped 1.5%.
"While home prices continue to decline in real terms, lower inflation and firmer nominal home price growth in June helped slow that pace of erosion," Rebecca Kaufman, ***** ociate director of commodities at S&P Dow Jones Indices, said in a statement.
Mortgage rates held steady around 6.5% in June, a level high enough to sideline many prospective buyers and sellers. But those who remained in the market enjoyed a period of stability after rates rose rapidly in the spring.
#home #areas
2 months ago
Walmart (NASDAQ: WMT) and Target (NYSE: TGT) have different business philosophies but battle for customers. The former has a low-cost, ultra-low-price business, while the latter offers low prices on certain items (such as groceries) while offering differentiated merchandise.
Both have been very successful, but their paths diverged a few years ago. Walmart kept attracting customers, while Target lost ground. That was reflected in their stock price performances.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, their stock performances have flipped this year. Through Aug. 20, Walmart's shares have lost 6.8%, and Target's stock price gained an eye-popping 61.9%.
With companies recently reporting quarterly results, one stands out as a buying opportunity for long-term investors.
#customers
Both have been very successful, but their paths diverged a few years ago. Walmart kept attracting customers, while Target lost ground. That was reflected in their stock price performances.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
However, their stock performances have flipped this year. Through Aug. 20, Walmart's shares have lost 6.8%, and Target's stock price gained an eye-popping 61.9%.
With companies recently reporting quarterly results, one stands out as a buying opportunity for long-term investors.
#customers
2 months ago
Galaxy Digital Inc. (NASDAQ: $GLXY) has launched a crypto-backed portfolio line of credit on GalaxyOne, giving eligible U.S. clients a way to borrow against Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH) and Solana (CRYPTO: $SOL) without selling their holdings.
The revolving credit line combines eligible BTC ,ETH and SOL under one facility rather than requiring a separate loan for each ****** et. Staked SOL can also be used as collateral without unstaking, allowing clients to continue earning applicable staking rewards while accessing liquidity.
GalaxyOne is offering the product with no origination fee and a variable 8.99% annual percentage rate. Lines begin at a 50% loan-to-value ratio, with interest-only monthly payments and funding typically available instantly in either U.S. dollars or USDC (CRYPTO: $USDC).
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#clients
The revolving credit line combines eligible BTC ,ETH and SOL under one facility rather than requiring a separate loan for each ****** et. Staked SOL can also be used as collateral without unstaking, allowing clients to continue earning applicable staking rewards while accessing liquidity.
GalaxyOne is offering the product with no origination fee and a variable 8.99% annual percentage rate. Lines begin at a 50% loan-to-value ratio, with interest-only monthly payments and funding typically available instantly in either U.S. dollars or USDC (CRYPTO: $USDC).
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#clients
3 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
The wars in Iran and Ukraine are turning into a money-making opportunity for Indian and U.S. oil refiners as traditional global supply chains get jammed up. These refiners are running near capacity and subbing for Russian and Gulf oil in Asia, Europe and Latin America. In exchange, they're minting billions of dollars in export income.
Washington and New Delhi might have their own squabbles over oil, but that's not stopping either from sitting on an export windfall worth billions of dollars, mostly from selling heating oil and diesel.
U.S. refiners exported diesel and heating oil at a record 1.9 million barrels per day in the week ending August 7. Also, jet fuel exports of 443,000 bpd were just below May's record of 455,000 bpd.
Brazil, historically a top buyer of Russian diesel, imported 196,000 bpd of U.S. diesel last month, more than double June's volume, after Moscow extended its fuel-export ban to January 2027, according to Kpler vessel-tracking data.
#Diesel #refiners #export #russian
The wars in Iran and Ukraine are turning into a money-making opportunity for Indian and U.S. oil refiners as traditional global supply chains get jammed up. These refiners are running near capacity and subbing for Russian and Gulf oil in Asia, Europe and Latin America. In exchange, they're minting billions of dollars in export income.
Washington and New Delhi might have their own squabbles over oil, but that's not stopping either from sitting on an export windfall worth billions of dollars, mostly from selling heating oil and diesel.
U.S. refiners exported diesel and heating oil at a record 1.9 million barrels per day in the week ending August 7. Also, jet fuel exports of 443,000 bpd were just below May's record of 455,000 bpd.
Brazil, historically a top buyer of Russian diesel, imported 196,000 bpd of U.S. diesel last month, more than double June's volume, after Moscow extended its fuel-export ban to January 2027, according to Kpler vessel-tracking data.
#Diesel #refiners #export #russian
3 months ago
Cybersecurity company Mitek Systems (MITK) is seeing the proliferation of artificial intelligence as a business advantage, and its stock is headed toward a buy point amid a year of outperformance over other technology names.
The small-cap company sells verification, authentication and fraud-prevention products. On its website, Mitek touts American Express (AXP), Experian and Intuit (INTU) among its more than 7,000 customers.
The stock has a solid IBD Composite Rating of 94 and has climbed more than 80% during 2026. A recent beat-and-raise financial report helped propel shares toward an entry in a forming cup base.
Mitek shares bulked up nearly 5% in the past week. Further, the weekly chart showed them edging above their 10-week moving average. Trading above 19 on Friday, the stock was nearer to an ideal cup-base buy point of 21.05 set on July 1.
Shares started building the right side of a cup base since a July drag-down with a wider downturn in technology names. Tech stocks got rattled in part by concerns about rising corporate capital expenditures for artificial intelligence. Software stocks in particular this year have been swamped by worries about competition threats from AI tools.
#Stock
The small-cap company sells verification, authentication and fraud-prevention products. On its website, Mitek touts American Express (AXP), Experian and Intuit (INTU) among its more than 7,000 customers.
The stock has a solid IBD Composite Rating of 94 and has climbed more than 80% during 2026. A recent beat-and-raise financial report helped propel shares toward an entry in a forming cup base.
Mitek shares bulked up nearly 5% in the past week. Further, the weekly chart showed them edging above their 10-week moving average. Trading above 19 on Friday, the stock was nearer to an ideal cup-base buy point of 21.05 set on July 1.
Shares started building the right side of a cup base since a July drag-down with a wider downturn in technology names. Tech stocks got rattled in part by concerns about rising corporate capital expenditures for artificial intelligence. Software stocks in particular this year have been swamped by worries about competition threats from AI tools.
#Stock
3 months ago
Applied Materials (AMAT) late Thursday beat **** yst estimates for its fiscal third quarter and with its guidance for fiscal Q4. But AMAT stock slid in extended trading.
The semiconductor equipment giant earned an adjusted $3.50 a share on sales of $9.12 billion in the quarter ended July 26. **** ysts polled by FactSet had expected earnings of $3.40 a share on sales of $9 billion in fiscal Q3. On a year-over-year basis, Applied Materials earnings increased 41% while sales rose 25%.
For the current quarter, the Santa Clara, Calif.-based company forecast adjusted earnings of $4.02 a share on sales of $10.25 billion. Wall Street had been modeling earnings of $3.71 a share on sales of $9.55 billion in fiscal Q4. In the same quarter last year, Applied Materials earned an adjusted $2.17 a share on sales of $6.8 billion.
"As the rapid global adoption of AI drives unprecedented demand for our materials engineering solutions, we are further raising our Semiconductor Systems revenue expectations for calendar 2026 and are confident we will grow faster than the market this year," Chief Executive Gary **** erson said in a news release.
He added, "Based on the increased demand visibility we are receiving from our customers, we expect another strong growth year for Applied Materials in 2027."
#adjusted
The semiconductor equipment giant earned an adjusted $3.50 a share on sales of $9.12 billion in the quarter ended July 26. **** ysts polled by FactSet had expected earnings of $3.40 a share on sales of $9 billion in fiscal Q3. On a year-over-year basis, Applied Materials earnings increased 41% while sales rose 25%.
For the current quarter, the Santa Clara, Calif.-based company forecast adjusted earnings of $4.02 a share on sales of $10.25 billion. Wall Street had been modeling earnings of $3.71 a share on sales of $9.55 billion in fiscal Q4. In the same quarter last year, Applied Materials earned an adjusted $2.17 a share on sales of $6.8 billion.
"As the rapid global adoption of AI drives unprecedented demand for our materials engineering solutions, we are further raising our Semiconductor Systems revenue expectations for calendar 2026 and are confident we will grow faster than the market this year," Chief Executive Gary **** erson said in a news release.
He added, "Based on the increased demand visibility we are receiving from our customers, we expect another strong growth year for Applied Materials in 2027."
#adjusted
3 months ago
What happened: Snap (SNAP) stock surged 13% on Tuesday.
What's behind the move: The social media company's second quarter revenue was higher than expected, and its loss per share was smaller than expected.
Quarterly revenue increased 18% year over year to $1.6 billion, versus expectations of $1.53 billion.
"After several quarters of improving our ad products and go-to-market approach, we saw better momentum with large advertisers in North America and stronger revenue growth internationally," CEO Evan Spiegel said during the earnings call. "World Cup-related spending contributed during the quarter, alongside continued strength among small and medium-sized businesses."
#expected #year #north
What's behind the move: The social media company's second quarter revenue was higher than expected, and its loss per share was smaller than expected.
Quarterly revenue increased 18% year over year to $1.6 billion, versus expectations of $1.53 billion.
"After several quarters of improving our ad products and go-to-market approach, we saw better momentum with large advertisers in North America and stronger revenue growth internationally," CEO Evan Spiegel said during the earnings call. "World Cup-related spending contributed during the quarter, alongside continued strength among small and medium-sized businesses."
#expected #year #north
3 months ago
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter.
CFOs and treasury professionals are looking for more transparency and visibility when it comes to their payment and treasury systems in an age where companies are increasingly required to conduct their business in real-time, with faster, more data-saturated systems.
For finance chiefs, incorporating new payment rails or solutions is a balancing act: On the one hand, they want to reduce manual work for their teams, which is increasingly a cause for friction, but on the other hand, "certainly, there's always concern about resiliency in their own systems," said Richard Dooley, VP of Product Commercialization at payments company The Clearing House.
"Less friction in their processes, whether it's the payment process, the liquidity visibility process, obviously their AP and AR processes, that's always a top-of-mind issue," Dooley told CFO Dive regarding how executives are considering innovation. "How do they get greater visibility into what they're doing, into what's happening?"
In Dooley's experience, when it comes to what treasurers want out of their payment rails, visibility is key, he said—more insight into the payment data can help companies identify when something is a timing problem, versus a problem of liquidity, for instance, he said.
#payment #dive #increasingly
CFOs and treasury professionals are looking for more transparency and visibility when it comes to their payment and treasury systems in an age where companies are increasingly required to conduct their business in real-time, with faster, more data-saturated systems.
For finance chiefs, incorporating new payment rails or solutions is a balancing act: On the one hand, they want to reduce manual work for their teams, which is increasingly a cause for friction, but on the other hand, "certainly, there's always concern about resiliency in their own systems," said Richard Dooley, VP of Product Commercialization at payments company The Clearing House.
"Less friction in their processes, whether it's the payment process, the liquidity visibility process, obviously their AP and AR processes, that's always a top-of-mind issue," Dooley told CFO Dive regarding how executives are considering innovation. "How do they get greater visibility into what they're doing, into what's happening?"
In Dooley's experience, when it comes to what treasurers want out of their payment rails, visibility is key, he said—more insight into the payment data can help companies identify when something is a timing problem, versus a problem of liquidity, for instance, he said.
#payment #dive #increasingly
3 months ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Second quarter results were impacted by client-driven delays in the Marine segment, specifically regarding site readiness and timing of client-provided materials, rather than operational execution issues.
The Concrete business achieved historic performance levels, with 30% top-line growth and 45% adjusted EBITDA growth driven by data center infrastructure demand and expansion into site civil services.
Management characterizes the current environment as the 'doorstep of a marine infrastructure investment mega cycle' supported by long-duration capital investments in defense, energy, and port resilience.
The company is shifting its pursuit strategy toward larger, more technically complex projects that utilize specialized equipment and highly skilled labor to improve competitive positioning.
#concrete
Second quarter results were impacted by client-driven delays in the Marine segment, specifically regarding site readiness and timing of client-provided materials, rather than operational execution issues.
The Concrete business achieved historic performance levels, with 30% top-line growth and 45% adjusted EBITDA growth driven by data center infrastructure demand and expansion into site civil services.
Management characterizes the current environment as the 'doorstep of a marine infrastructure investment mega cycle' supported by long-duration capital investments in defense, energy, and port resilience.
The company is shifting its pursuit strategy toward larger, more technically complex projects that utilize specialized equipment and highly skilled labor to improve competitive positioning.
#concrete
3 months ago
Shares of ASML (NASDAQ: ASML) fell after technology publication The Information reported this week that an unnamed Chinese company backed by the Chinese government has begun manufacturing its own chip-making equipment. However, investors shouldn't be worried, as this is unlikely to hurt ASML's fortunes any time soon.
The machines reportedly being made in China are deep ultraviolet (DUV) lithography machines. This is an older technology used to manufacture older chips and the less critical components of advanced chips. DUV machines are also used to manufacture ordinary DRAM and flash memory. While ASML is a top supplier of DUV machines by a wide margin, it is not the only company that makes these machines. ***** anese companies Nikon and Canon also supply them.
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 »
What separates ASML from the pack, though, is that it is the only company in the world with EUV (extreme ultraviolet lithography) technology, which is needed to make advanced logic chips and is also used to make high-bandwidth memory (HBM). These are extremely complex machines, and competitors outside China have largely given up trying to replicate the technology. These are also the machines that drive ASML's growth. EUV machines can cost more than $220 million apiece, while DUV machines can cost as little as $5 million, with higher-end advanced immersion DUV machines running closer to $90 million.
While a loss of DUV sales to China could impact ASML's revenue, the region now accounts for a smaller share of its overall revenue. The company is restricted from selling EUV and advanced DUV machines to China and is only allowed to sell older-technology systems to Chinese companies. As such, only about 14% of its sales came from the country last quarter. Meanwhile, there was already a bill in Congress set to prevent ASML from selling or servicing machines for the first three Chinese companies expected to receive these homegrown DUV machines, so this revenue was likely to be cut off regardless.
#machines #company
The machines reportedly being made in China are deep ultraviolet (DUV) lithography machines. This is an older technology used to manufacture older chips and the less critical components of advanced chips. DUV machines are also used to manufacture ordinary DRAM and flash memory. While ASML is a top supplier of DUV machines by a wide margin, it is not the only company that makes these machines. ***** anese companies Nikon and Canon also supply them.
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 »
What separates ASML from the pack, though, is that it is the only company in the world with EUV (extreme ultraviolet lithography) technology, which is needed to make advanced logic chips and is also used to make high-bandwidth memory (HBM). These are extremely complex machines, and competitors outside China have largely given up trying to replicate the technology. These are also the machines that drive ASML's growth. EUV machines can cost more than $220 million apiece, while DUV machines can cost as little as $5 million, with higher-end advanced immersion DUV machines running closer to $90 million.
While a loss of DUV sales to China could impact ASML's revenue, the region now accounts for a smaller share of its overall revenue. The company is restricted from selling EUV and advanced DUV machines to China and is only allowed to sell older-technology systems to Chinese companies. As such, only about 14% of its sales came from the country last quarter. Meanwhile, there was already a bill in Congress set to prevent ASML from selling or servicing machines for the first three Chinese companies expected to receive these homegrown DUV machines, so this revenue was likely to be cut off regardless.
#machines #company
3 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes the 10% year-over-year core EPS growth to disciplined execution of their lean operating system and consistent customer capital investment.
The company is pursuing a 'path to flat' strategy, targeting 0% to 3% annual customer bill growth by leveraging electric load growth to offset infrastructure costs.
Operational performance is increasingly driven by 'continuous monitoring' technology, which management claims has avoided nearly 20 million outage minutes and 28 potential ignitions since January 2025.
#Growth #year #tell
Management attributes the 10% year-over-year core EPS growth to disciplined execution of their lean operating system and consistent customer capital investment.
The company is pursuing a 'path to flat' strategy, targeting 0% to 3% annual customer bill growth by leveraging electric load growth to offset infrastructure costs.
Operational performance is increasingly driven by 'continuous monitoring' technology, which management claims has avoided nearly 20 million outage minutes and 28 potential ignitions since January 2025.
#Growth #year #tell
3 months ago
IBM lowered its full-year revenue forecast on Wednesday after posting second-quarter results that fell short of **** yst expectations, capping a difficult stretch for the technology company following a profit warning issued the week before.
The company said it has revised its 2026 constant-currency revenue growth target to a range of 4% to 5%, retreating from the more than 5% it had previously projected. IBM maintained its forecast for free cash flow to increase by about $1 billion year over year.
Second-quarter revenue came in at $17.16 billion, up 1% from a year earlier. Adjusted earnings per share were $2.93. **** ysts had expected revenue of $17.58 billion and adjusted earnings of $2.97 per share, according to CNBC.
IBM's software segment brought in $7.76 billion for the quarter, a 5% year-over-year gain. Consulting posted $5.33 billion, essentially unchanged from a year ago. Infrastructure slid 7% to $3.84 billion, with IBM Z mainframe revenue accounting for much of the damage by dropping 42%.
IBM said it is targeting a roughly 1-percentage-point expansion in its full-year pre-tax margin, driven by productivity gains that include deploying AI to accelerate software development and streamline its supply chain.
#earnings
The company said it has revised its 2026 constant-currency revenue growth target to a range of 4% to 5%, retreating from the more than 5% it had previously projected. IBM maintained its forecast for free cash flow to increase by about $1 billion year over year.
Second-quarter revenue came in at $17.16 billion, up 1% from a year earlier. Adjusted earnings per share were $2.93. **** ysts had expected revenue of $17.58 billion and adjusted earnings of $2.97 per share, according to CNBC.
IBM's software segment brought in $7.76 billion for the quarter, a 5% year-over-year gain. Consulting posted $5.33 billion, essentially unchanged from a year ago. Infrastructure slid 7% to $3.84 billion, with IBM Z mainframe revenue accounting for much of the damage by dropping 42%.
IBM said it is targeting a roughly 1-percentage-point expansion in its full-year pre-tax margin, driven by productivity gains that include deploying AI to accelerate software development and streamline its supply chain.
#earnings
3 months ago
(By Oil & Gas 360) – For decades, the United States measured energy security by asking whether America could produce enough oil.
The shale revolution largely answered that question. The United States became the world's largest producer of crude oil and natural gas, reducing import dependence and reshaping global energy markets. But production is only one part of the system. Crude still must be transported, processed, and converted into gasoline, diesel, jet fuel, and petrochemicals.
That raises another question:
Who owns America's refining advantage, and whose capital will determine its future?
The issue becomes more important whenever tensions rise around the Strait of Hormuz. A disruption there can quickly lift crude prices, tanker rates, insurance costs, and refined product prices around the world.
#states #prices
The shale revolution largely answered that question. The United States became the world's largest producer of crude oil and natural gas, reducing import dependence and reshaping global energy markets. But production is only one part of the system. Crude still must be transported, processed, and converted into gasoline, diesel, jet fuel, and petrochemicals.
That raises another question:
Who owns America's refining advantage, and whose capital will determine its future?
The issue becomes more important whenever tensions rise around the Strait of Hormuz. A disruption there can quickly lift crude prices, tanker rates, insurance costs, and refined product prices around the world.
#states #prices
4 months ago
NZS Capital, LLC, an investment management company, released its "NZS Growth Equity Strategy" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Equity markets delivered a strong performance in the second quarter of 2026, driven by demand for AI infrastructure, geopolitical stabilization, and positive earnings reports. The portfolio achieved a gross return of +24.96% and a net return of +24.76%, significantly outperforming the +14.79% return for the Morningstar Global Target Market Exposure Index. Overweight in Semiconductors, stock selection in areas like Software and Industrials, and zero exposure to Energy contributed to the Strategy's outperformance in the quarter. In addition, please check the Strategy's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, NZS Growth Equity Strategy highlighted Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) is a semiconductor company that delivers data infrastructure solutions across the data center core, cloud, enterprise, and network edge. On July 20, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) closed at $194.94 per share, reflecting a market capitalization of $174.97 billion. Marvell Technology, Inc. (NASDAQ:MRVL) posted a one-month return of -30.14%, while its shares gained 170.79% over the past 52 weeks.
NZS Growth Equity Strategy stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q2 2026 investor update:
"Those familiar with our strategy may know a key part of our process concerns reassessment of optional positions that outperform their way into the "middle" of the portfolio. If the team determines that the range of outcomes has narrowed enough for promotion to a resilient position, we add capital; otherwise, we trim the position back to optionality. While we might leave incremental upside on the table, we believe this strict reduction in overactive stocks with wide ranging outcomes allows us to continue benefiting from further upside without letting risk run. This quarter, the portfolio had five positions that worked their way into the middle – a few even ran all the way through the middle in a single day. This situation is unusual and perhaps symptomatic of the volatility in the market. In the cases of ARM Holdings, Marvell Technology, Inc. (NASDAQ:MRVL), Lattice Semiconductor, and Snowflake, we trimmed the positions back to optionality. For example, Marvell rallied significantly after Jensen Huang extolled the company as "the next trillion-dollar company" on stage at Computex in Taiwan. While we agree it's within the range of outcomes, in our view, Jensen's statement only resulted in the market applying a higher valuation to a stock whose fundamental range of outcomes remained unchanged; thus, we trimmed Marvell."
#technology #mrvl #market #Growth
In its Q2 2026 investor letter, NZS Growth Equity Strategy highlighted Marvell Technology, Inc. (NASDAQ:MRVL). Marvell Technology, Inc. (NASDAQ:MRVL) is a semiconductor company that delivers data infrastructure solutions across the data center core, cloud, enterprise, and network edge. On July 20, 2026, Marvell Technology, Inc. (NASDAQ:MRVL) closed at $194.94 per share, reflecting a market capitalization of $174.97 billion. Marvell Technology, Inc. (NASDAQ:MRVL) posted a one-month return of -30.14%, while its shares gained 170.79% over the past 52 weeks.
NZS Growth Equity Strategy stated the following regarding Marvell Technology, Inc. (NASDAQ:MRVL) in its Q2 2026 investor update:
"Those familiar with our strategy may know a key part of our process concerns reassessment of optional positions that outperform their way into the "middle" of the portfolio. If the team determines that the range of outcomes has narrowed enough for promotion to a resilient position, we add capital; otherwise, we trim the position back to optionality. While we might leave incremental upside on the table, we believe this strict reduction in overactive stocks with wide ranging outcomes allows us to continue benefiting from further upside without letting risk run. This quarter, the portfolio had five positions that worked their way into the middle – a few even ran all the way through the middle in a single day. This situation is unusual and perhaps symptomatic of the volatility in the market. In the cases of ARM Holdings, Marvell Technology, Inc. (NASDAQ:MRVL), Lattice Semiconductor, and Snowflake, we trimmed the positions back to optionality. For example, Marvell rallied significantly after Jensen Huang extolled the company as "the next trillion-dollar company" on stage at Computex in Taiwan. While we agree it's within the range of outcomes, in our view, Jensen's statement only resulted in the market applying a higher valuation to a stock whose fundamental range of outcomes remained unchanged; thus, we trimmed Marvell."
#technology #mrvl #market #Growth
