25 days ago
The bond-market rout of 2026 may be jolting markets, but it's also gaining a important following among savers and the risk-averse.
Wall Street has been gripped by the volatile moves in bond yields over the past few weeks. The all-important 10-year Treasury yield BX:TMUBMUSD10Y was up another 3.4 basis points on Monday to 5.35%, it highest level since April 2002, according to Dow Jones Market Data.
My wife never went back to work after raising our kids. Do I have to share my retirement savings 50/50?
Go ahead and get that poetry degree. Republican law won't prevent people with humanities majors from getting student loans.
That's raised the costs of new mortgages, corporate borrowing and financing the $40 trillion national debt. It also has many bond portfolios sitting in a sea of red ink for 2026, with the bond market's equivalent of the S&P 500 SPX — the Bloomberg U.S. Aggregate Index's — total return having turned negative. Bond yields and prices move in the opposite direction.
#bond #treasury #tmubmusd10y
Wall Street has been gripped by the volatile moves in bond yields over the past few weeks. The all-important 10-year Treasury yield BX:TMUBMUSD10Y was up another 3.4 basis points on Monday to 5.35%, it highest level since April 2002, according to Dow Jones Market Data.
My wife never went back to work after raising our kids. Do I have to share my retirement savings 50/50?
Go ahead and get that poetry degree. Republican law won't prevent people with humanities majors from getting student loans.
That's raised the costs of new mortgages, corporate borrowing and financing the $40 trillion national debt. It also has many bond portfolios sitting in a sea of red ink for 2026, with the bond market's equivalent of the S&P 500 SPX — the Bloomberg U.S. Aggregate Index's — total return having turned negative. Bond yields and prices move in the opposite direction.
#bond #treasury #tmubmusd10y
1 month ago
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(1 min)
1444 ET – Precious metals are giving back gains after the Federal Reserve raised interest rates as expected. Equities have taken the news “relatively well,” but “evidence of the Fed’s hawkishness is in the slightly firmer U.S. dollar and lower gold price,” Capital.com senior financial market ***** yst Kyle Rodda says in a note. “A special focus will be on the shape of the yield curve too as markets ***** s what impact policy is having on long-term inflation expectations.” Gold for December delivery is off 0.1% at $4,327.10 a troy ounce and silver up 0.7% at $64.33 a troy ounce. (anthony.harrupwsj.com)
Front Month Comex Gold for September delivery gained $54.70 per troy ounce, or 1.27% to $4346.30 today
#ounce #listen #capital
(1 min)
1444 ET – Precious metals are giving back gains after the Federal Reserve raised interest rates as expected. Equities have taken the news “relatively well,” but “evidence of the Fed’s hawkishness is in the slightly firmer U.S. dollar and lower gold price,” Capital.com senior financial market ***** yst Kyle Rodda says in a note. “A special focus will be on the shape of the yield curve too as markets ***** s what impact policy is having on long-term inflation expectations.” Gold for December delivery is off 0.1% at $4,327.10 a troy ounce and silver up 0.7% at $64.33 a troy ounce. (anthony.harrupwsj.com)
Front Month Comex Gold for September delivery gained $54.70 per troy ounce, or 1.27% to $4346.30 today
#ounce #listen #capital
1 month ago
Fidelity Investments, an investment management company, recently released its second-quarter 2026 investor letter for the "Fidelity Dividend Growth Fund". The letter can be downloaded here. The Fidelity Dividend Growth Fund is a diversified large-cap equity strategy focused on capital appreciation through investments in large- and mid-cap stocks with strong dividend growth prospects. The fund returned 17.05% in the quarter, outperforming the S&P 500 Index, which gained 15.20%. U.S. stocks experienced significant gains in Q2, driven by increased spending on artificial intelligence. Technology stocks gained 31.79%, mainly driven by semiconductor companies, while the index faced a slight decline in June as investors considered the sustainability of AI-related profits amidst rising interest rates. Despite recent turbulence from the Middle East conflict, the fund remains optimistic about key investment themes, particularly in artificial intelligence. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD). Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs and manufactures AI accelerators, microprocessors, and graphics processing units. On September 14, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) closed at $493.41 per share, reflecting a market capitalization of $805.61 billion. Over the past month, Advanced Micro Devices, Inc. (NASDAQ:AMD) returned 7.72%, but its shares are up 226.08% over the past year.
Fidelity Dividend Growth Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q2 2026 investor letter:
"On the other hand, security selection in industrials and materials meaningfully detracted for the quarter, along with a large overweight in the lagging energy sector. The five largest relative detractors were all strong-performing benchmark components in the technology sector that the fund didn't own during the quarter. For example, Advanced Micro Devices, Inc. (NASDAQ:AMD) (+186%) was the largest relative detractor for the period. AMD competes in many markets with Nvidia, which we preferred and has outperformed AMD in many recent quarters. Also, AMD pays no dividend, whereas Nvidia does. The past three months, though, AMD had by far the better return, aided by better-than-expected earnings for Q1 that were driven by accelerating demand for AI infrastructure."
#Dividend
In its second-quarter 2026 investor letter, Fidelity Dividend Growth Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD). Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs and manufactures AI accelerators, microprocessors, and graphics processing units. On September 14, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) closed at $493.41 per share, reflecting a market capitalization of $805.61 billion. Over the past month, Advanced Micro Devices, Inc. (NASDAQ:AMD) returned 7.72%, but its shares are up 226.08% over the past year.
Fidelity Dividend Growth Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q2 2026 investor letter:
"On the other hand, security selection in industrials and materials meaningfully detracted for the quarter, along with a large overweight in the lagging energy sector. The five largest relative detractors were all strong-performing benchmark components in the technology sector that the fund didn't own during the quarter. For example, Advanced Micro Devices, Inc. (NASDAQ:AMD) (+186%) was the largest relative detractor for the period. AMD competes in many markets with Nvidia, which we preferred and has outperformed AMD in many recent quarters. Also, AMD pays no dividend, whereas Nvidia does. The past three months, though, AMD had by far the better return, aided by better-than-expected earnings for Q1 that were driven by accelerating demand for AI infrastructure."
#Dividend
2 months ago
The Public Company Accounting Oversight Board (PCAOB) in the US has named Addison Scott and Zian Xi as Audit Practitioner Fellows under the newly introduced Audit Practitioner Fellowship Programme.
Based within the regulator's Office of the Chief Auditor, both fellows have begun two-year terms with immediate effect.
Scott and Xi will ****** ist with the board's research and standard-setting priorities, with the aim of bolstering oversight functions and serving the public interest.
Scott joined the PCAOB in September 2026 after more than 11 years with EY.
Her tenure included three years in the company's Professional Practice Group, where she focused on audit methodology and the execution of standards set by the PCAOB, the American Institute of Certified Public Accountants, and international auditing and quality management bodies.
#pcaob #scott
Based within the regulator's Office of the Chief Auditor, both fellows have begun two-year terms with immediate effect.
Scott and Xi will ****** ist with the board's research and standard-setting priorities, with the aim of bolstering oversight functions and serving the public interest.
Scott joined the PCAOB in September 2026 after more than 11 years with EY.
Her tenure included three years in the company's Professional Practice Group, where she focused on audit methodology and the execution of standards set by the PCAOB, the American Institute of Certified Public Accountants, and international auditing and quality management bodies.
#pcaob #scott
2 months ago
Southern Company (SO) and Vistra (VST) both profited from AI power demand, yet VST shares are down 30% over the past year.
U.S. electricity prices climbed 4% over the past year, outpacing headline inflation and directly contradicting Musk's claim that AI data centers lower consumer bills.
The $180 annual savings Musk cited applies to one Georgia utility's contract; new AI-driven generation will land in rate bases all ratepayers fund.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Southern Company didn't make the cut. Enter your email to see the names that beat SO. The report is free. Enter your email and see if any of your stocks made the cut.
At 10:18 a.m. ET on Monday, Elon Musk told his audience that "AI data centers resulting in lower electricity prices for consumers" and pointed to a post claiming Georgia Power's new large-load contracts, overwhelmingly data centers, will save customers nearly a billion dollars, erasing about $180 per year from their bills. The post reached more than 503,000 impressions. Twelve days earlier, West Virginia Governor Patrick Morrisey made the same argument on CNBC, saying net electricity prices will be lower when data centers come in. It is becoming an industry talking point. It is also colliding with the price data Americans actually pay.
#data #centers #company #musk
U.S. electricity prices climbed 4% over the past year, outpacing headline inflation and directly contradicting Musk's claim that AI data centers lower consumer bills.
The $180 annual savings Musk cited applies to one Georgia utility's contract; new AI-driven generation will land in rate bases all ratepayers fund.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Southern Company didn't make the cut. Enter your email to see the names that beat SO. The report is free. Enter your email and see if any of your stocks made the cut.
At 10:18 a.m. ET on Monday, Elon Musk told his audience that "AI data centers resulting in lower electricity prices for consumers" and pointed to a post claiming Georgia Power's new large-load contracts, overwhelmingly data centers, will save customers nearly a billion dollars, erasing about $180 per year from their bills. The post reached more than 503,000 impressions. Twelve days earlier, West Virginia Governor Patrick Morrisey made the same argument on CNBC, saying net electricity prices will be lower when data centers come in. It is becoming an industry talking point. It is also colliding with the price data Americans actually pay.
#data #centers #company #musk
2 months ago
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Mortgage rates have been slowly rising over the past seven months, from just below 6% before the Middle East conflict began in late February to near 7% this week (with some surveys reporting rates already above 7%).
However, it's still possible to lock in a rate below the national average. Borrowers need to shop diligently and deploy one or more of the following strategies to earn the lowest mortgage rate possible in the 2026 housing market.
See the average mortgage rate in your state.
Analysis by Yahoo Finance of nearly 5,000 mortgage lenders reporting 2026 loan information under the Home Mortgage Disclosure Act reveals the surprising truth: the lenders offering the absolute lowest mortgage rates. In 2026, the largest national banks, credit unions, and homebuilders that finance their own construction offered the most favorable home loan rates to the widest variety of borrowers.
#rates #finance #reporting
Mortgage rates have been slowly rising over the past seven months, from just below 6% before the Middle East conflict began in late February to near 7% this week (with some surveys reporting rates already above 7%).
However, it's still possible to lock in a rate below the national average. Borrowers need to shop diligently and deploy one or more of the following strategies to earn the lowest mortgage rate possible in the 2026 housing market.
See the average mortgage rate in your state.
Analysis by Yahoo Finance of nearly 5,000 mortgage lenders reporting 2026 loan information under the Home Mortgage Disclosure Act reveals the surprising truth: the lenders offering the absolute lowest mortgage rates. In 2026, the largest national banks, credit unions, and homebuilders that finance their own construction offered the most favorable home loan rates to the widest variety of borrowers.
#rates #finance #reporting
2 months ago
On August 5, Murphy USA (NYSE:MUSA) reported second-quarter results that make the case for its unglamorous business model. Net income came in at $209.1 million, or $11.27 per diluted share, up from $145.6 million and $7.36 per share in the same quarter of 2025. Adjusted EBITDA climbed to $377.3 million from $286.0 million. For a company that mostly sells gasoline and convenience store snacks, that is a striking jump, and it did not come from a single lucky quarter.
The engine behind the gain was fuel. Total fuel contribution reached 40.6 cents per gallon in the quarter, up from 32.0 cents a year earlier, while the retail fuel margin alone rose 20.2% to 35.1 cents per gallon. Volume grew at the same time, with total retail gallons up 3.9% and same-store sales volumes up 0.5%, so Murphy USA was not just pricing better; it was also moving more gas through its pumps. Merchandise held up its end too, with contribution dollars up 4.0% to $227.4 million on unit margins of 20.1%, as nicotine contribution rose 6.1% and non-nicotine contribution grew 2.9%.
The company kept returning cash to shareholders through it all, buying back 143.1 thousand shares for $76.8 million and raising its quarterly dividend 28.0% year over year to $0.64 per share. In May, it issued $500 million of notes due 2034 and used the proceeds to retire $300 million of 2027 notes, pushing out its debt maturities while continuing to open new stores, with 6 net additions in the quarter and 36 more under construction.
The quarter's growth came with a heavier expense load. Total store and other operating expenses rose to $308.7 million from $275.2 million, and the company said two-thirds of that increase came from payment processing fees, which climb automatically as retail fuel prices rise. SG&A costs increased to $60.5 million from $50.9 million on higher employee costs and incentive accruals, and the effective tax rate ticked up to 24.7% from 24.4%, with guidance now pointing to the higher end of the company's 23% to 25% full-year range.
Fuel supply contribution, excluding renewable credits, was negative $54.9 million, a wider loss than the negative $25.9 million posted a year earlier. Management's own full-year outlook **** umes some cooling ahead: its projection of roughly $636 million in net income and $1.25 billion in Adjusted EBITDA is built on second-half fuel margins averaging 35 cents per gallon, down from 37.9 cents in the first half. Capital expenditures are also being guided to the higher end of the $475 million to $525 million range, meaning the spending pace is not slowing even as margins are expected to.
#million #fuel #total #same
The engine behind the gain was fuel. Total fuel contribution reached 40.6 cents per gallon in the quarter, up from 32.0 cents a year earlier, while the retail fuel margin alone rose 20.2% to 35.1 cents per gallon. Volume grew at the same time, with total retail gallons up 3.9% and same-store sales volumes up 0.5%, so Murphy USA was not just pricing better; it was also moving more gas through its pumps. Merchandise held up its end too, with contribution dollars up 4.0% to $227.4 million on unit margins of 20.1%, as nicotine contribution rose 6.1% and non-nicotine contribution grew 2.9%.
The company kept returning cash to shareholders through it all, buying back 143.1 thousand shares for $76.8 million and raising its quarterly dividend 28.0% year over year to $0.64 per share. In May, it issued $500 million of notes due 2034 and used the proceeds to retire $300 million of 2027 notes, pushing out its debt maturities while continuing to open new stores, with 6 net additions in the quarter and 36 more under construction.
The quarter's growth came with a heavier expense load. Total store and other operating expenses rose to $308.7 million from $275.2 million, and the company said two-thirds of that increase came from payment processing fees, which climb automatically as retail fuel prices rise. SG&A costs increased to $60.5 million from $50.9 million on higher employee costs and incentive accruals, and the effective tax rate ticked up to 24.7% from 24.4%, with guidance now pointing to the higher end of the company's 23% to 25% full-year range.
Fuel supply contribution, excluding renewable credits, was negative $54.9 million, a wider loss than the negative $25.9 million posted a year earlier. Management's own full-year outlook **** umes some cooling ahead: its projection of roughly $636 million in net income and $1.25 billion in Adjusted EBITDA is built on second-half fuel margins averaging 35 cents per gallon, down from 37.9 cents in the first half. Capital expenditures are also being guided to the higher end of the $475 million to $525 million range, meaning the spending pace is not slowing even as margins are expected to.
#million #fuel #total #same
2 months ago
Viridis Mining and Minerals has awarded the first major equipment contract for its Colossus Rare Earth Project in the state of Minas Gerais in Brazil.
The company has selected Dewater Filter Press to supply the residue pressure filtration package following a 12-month competitive tender and technical evaluation process.
The contract includes the design, manufacture, fabrication, testing and supply of a filtration system intended to handle solid-liquid separation of processed clay before it is returned to the mine as part of rehabilitation activities.
According to Viridis, Dewater was chosen after dedicated testing using Colossus residue, which established the appropriate equipment sizing and operating parameters.
These tests also underpinned contractual performance guarantees for throughput and final residue moisture levels.
#filtration
The company has selected Dewater Filter Press to supply the residue pressure filtration package following a 12-month competitive tender and technical evaluation process.
The contract includes the design, manufacture, fabrication, testing and supply of a filtration system intended to handle solid-liquid separation of processed clay before it is returned to the mine as part of rehabilitation activities.
According to Viridis, Dewater was chosen after dedicated testing using Colossus residue, which established the appropriate equipment sizing and operating parameters.
These tests also underpinned contractual performance guarantees for throughput and final residue moisture levels.
#filtration
2 months ago
The dollar index (DXY00) fell from a 2.5-week high on Wednesday and finished down by -0.08%. The dollar gave up an overnight advance and turned lower today when the weaker-than-expected US Aug ADP employment report knocked T-note yields lower. The dollar also came under pressure on dovish comments from New York Fed President John Williams, who said inflation is continuing to trend down. In addition, strength in stocks on Wednesday reduced liquidity demand for the dollar.
The dollar initially moved higher on Wednesday after escalation of US-Iran hostilities boosted crude oil prices and pushed the 10-year T-note yield to a 2.75-year high, strengthening the dollar's interest rate differentials.
August's Top Commodity Performers and Underperformers
Dollar Firms on Rising T-Note Yields and Crude Prices
Dollar Supported by Rising T-Note Yields and Falling Stocks
#yields #stocks #high #down
The dollar initially moved higher on Wednesday after escalation of US-Iran hostilities boosted crude oil prices and pushed the 10-year T-note yield to a 2.75-year high, strengthening the dollar's interest rate differentials.
August's Top Commodity Performers and Underperformers
Dollar Firms on Rising T-Note Yields and Crude Prices
Dollar Supported by Rising T-Note Yields and Falling Stocks
#yields #stocks #high #down
2 months ago
Williams-Sonoma (NYSE: WSM), the high-end home furnishings retailer that also owns Pottery Barn and West Elm, delivered strong results in its second-quarter earnings report on Wednesday morning.
In a challenging market for home improvement and home furnishings, Williams-Sonoma posted comparable sales growth of 6.2%, easily outpacing its peers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The company also beat estimates on the top and bottom lines and raised guidance, but the stock still edged lower, showing that the results may not be as strong as they seem. Let's take a closer look.
Image source: Getty Images.
#williams #strong #results
In a challenging market for home improvement and home furnishings, Williams-Sonoma posted comparable sales growth of 6.2%, easily outpacing its peers.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The company also beat estimates on the top and bottom lines and raised guidance, but the stock still edged lower, showing that the results may not be as strong as they seem. Let's take a closer look.
Image source: Getty Images.
#williams #strong #results
2 months ago
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Buying a new car is expensive enough without bringing thousands of dollars of debt from your old one along for the ride. Yet that's exactly what a growing number of Americans are doing, and personal finance expert Suze Orman says it's a mistake drivers need to avoid.
"For many of us, having a car is a necessity," Orman wrote on her website recently. "For some families, two are needed." But nearly 30% of vehicles traded in toward a new car still have a significant unpaid loan balance. Citing Edmunds data, Orman said the average amount still owed on those trade-ins earlier this year was nearly $7,000.
Don't Miss:
Find out if your retirement plan is exposed to risks most investors overlook — get matched with a fiduciary adviser today.
#finance #nearly #suze
Buying a new car is expensive enough without bringing thousands of dollars of debt from your old one along for the ride. Yet that's exactly what a growing number of Americans are doing, and personal finance expert Suze Orman says it's a mistake drivers need to avoid.
"For many of us, having a car is a necessity," Orman wrote on her website recently. "For some families, two are needed." But nearly 30% of vehicles traded in toward a new car still have a significant unpaid loan balance. Citing Edmunds data, Orman said the average amount still owed on those trade-ins earlier this year was nearly $7,000.
Don't Miss:
Find out if your retirement plan is exposed to risks most investors overlook — get matched with a fiduciary adviser today.
#finance #nearly #suze
2 months ago
Image source: The Motley Fool.
Wednesday, Aug. 12, 2026 at 8:00 a.m. ET
Head of Investor Relations - Gili Naftalovich
Chief Executive Officer - Arkady Volozh
Chief Financial Officer - Dado Alonso
#chief #officer #wednesday
Wednesday, Aug. 12, 2026 at 8:00 a.m. ET
Head of Investor Relations - Gili Naftalovich
Chief Executive Officer - Arkady Volozh
Chief Financial Officer - Dado Alonso
#chief #officer #wednesday
2 months ago
EVT has delivered a 203% price return over a decade while paying nearly 8% monthly, and RQI offers the group's highest yield at 9%.
UTG more than doubled its monthly payout over two decades as rising electricity demand from AI data centers and electrification strengthens its utility holdings.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Income investors chasing yield often stop at the biggest names in the category, overlooking a quiet corner of the market where three closed-end funds have paid monthly distributions for more than two decades. Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT), Reaves Utility Income Fund (NYSE:UTG), and Cohen & Steers Quality Income Realty Fund (NYSE:RQI) each pay somewhere between roughly 6.5% and 8% annualized through consistent monthly checks, drawn from three very different pockets of the equity market.
Closed-end funds trade like stocks but hold actively managed portfolios, and their structure allows them to use modest leverage and distribute realized gains alongside dividends and interest. That combination is why these three can sustain payouts well above those of an S&P 500 index fund. It is also why they get less coverage than the mega-ETFs that dominate income headlines.
#NYSE #utility #decades
UTG more than doubled its monthly payout over two decades as rising electricity demand from AI data centers and electrification strengthens its utility holdings.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Income investors chasing yield often stop at the biggest names in the category, overlooking a quiet corner of the market where three closed-end funds have paid monthly distributions for more than two decades. Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT), Reaves Utility Income Fund (NYSE:UTG), and Cohen & Steers Quality Income Realty Fund (NYSE:RQI) each pay somewhere between roughly 6.5% and 8% annualized through consistent monthly checks, drawn from three very different pockets of the equity market.
Closed-end funds trade like stocks but hold actively managed portfolios, and their structure allows them to use modest leverage and distribute realized gains alongside dividends and interest. That combination is why these three can sustain payouts well above those of an S&P 500 index fund. It is also why they get less coverage than the mega-ETFs that dominate income headlines.
#NYSE #utility #decades
3 months ago
By
Updated Aug. 13, 2026 5:09 pm ET
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U.S. stocks rose and the S&P 500 closed at a record high after a report of moderated wholesale inflation eased interest-rate fears.
#listen #closed #moderated #wholesale
Updated Aug. 13, 2026 5:09 pm ET
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(2 min)
U.S. stocks rose and the S&P 500 closed at a record high after a report of moderated wholesale inflation eased interest-rate fears.
#listen #closed #moderated #wholesale
3 months ago
During the quarter ended 30 June 2026, revenue at Under Armour fell 3% year-on-year to $1.1bn, with sales in North America down 9% and Asia-Pacific declining 7%.
International revenue proved more resilient, increasing 5% to $490m, driven by a 12% rise in the Europe, the Middle East and Africa (EMEA) region and an 8% gain in Latin America.
Wholesale revenue declined 2%, while direct-to-consumer sales dropped 6%, including a 12% decrease in eCommerce.
Under Armour president and CEO Kevin Plank said: "As we navigate a challenging consumer demand environment, we continue to make progress in building a more focused Under Armour, despite updating our full-year revenue outlook."
The company's gross margin, however, improved 590 basis points to 54.1%, primarily due to tariff refunds under the International Emergency Economic Powers Act (IEEPA), which offset the negative impact of foreign exchange, regional mix, and pricing pressures.
#sales #Consumer #june #asia
International revenue proved more resilient, increasing 5% to $490m, driven by a 12% rise in the Europe, the Middle East and Africa (EMEA) region and an 8% gain in Latin America.
Wholesale revenue declined 2%, while direct-to-consumer sales dropped 6%, including a 12% decrease in eCommerce.
Under Armour president and CEO Kevin Plank said: "As we navigate a challenging consumer demand environment, we continue to make progress in building a more focused Under Armour, despite updating our full-year revenue outlook."
The company's gross margin, however, improved 590 basis points to 54.1%, primarily due to tariff refunds under the International Emergency Economic Powers Act (IEEPA), which offset the negative impact of foreign exchange, regional mix, and pricing pressures.
#sales #Consumer #june #asia
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.
Achieved all-time record Q2 revenue and EBITDA, driven by a 12% EBITDA increase in North American operations which now represent approximately 90% of total results.
Performance attribution is largely credited to the 'contribution phase' of capital investments made over the last two years, particularly at the Nugget and Missouri properties.
The Nugget saw a 93% EBITDA increase, fueled by a successful entertainment calendar and a 300% surge in transient corporate room nights during historically soft periods.
Operational efficiency improved across the portfolio, with U.S. property margins expanding from 24% to 26% through disciplined expense management and gaming floor optimization.
#ebitda #achieved #north
Achieved all-time record Q2 revenue and EBITDA, driven by a 12% EBITDA increase in North American operations which now represent approximately 90% of total results.
Performance attribution is largely credited to the 'contribution phase' of capital investments made over the last two years, particularly at the Nugget and Missouri properties.
The Nugget saw a 93% EBITDA increase, fueled by a successful entertainment calendar and a 300% surge in transient corporate room nights during historically soft periods.
Operational efficiency improved across the portfolio, with U.S. property margins expanding from 24% to 26% through disciplined expense management and gaming floor optimization.
#ebitda #achieved #north
3 months ago
Milpitas, California-based Sandisk Corporation (SNDK) develops, manufactures, and sells data storage devices and solutions using NAND flash technology. Valued at $190.7 billion by market cap, the company offers memory cards and readers, USB flash, micro-SD cards, and digital audio players.
Shares of this flash memory ******* an have remarkably outperformed the broader market over the past year. SNDK has rallied significantly over this time frame, while the broader S&P 500 Index ($SPX) has gained nearly 22.2%. In 2026, SNDK stock is up 501.4%, notably surpassing the SPX's 13% rise on a YTD basis.
Jeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — 'It's The Most Important Work I'm Doing'
Apple's New CEO Is Bringing a Familiar Face Back From Retirement. The Shift Is Happening.
Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and ******* eX Earnings on Tap
#flash #memory #broader
Shares of this flash memory ******* an have remarkably outperformed the broader market over the past year. SNDK has rallied significantly over this time frame, while the broader S&P 500 Index ($SPX) has gained nearly 22.2%. In 2026, SNDK stock is up 501.4%, notably surpassing the SPX's 13% rise on a YTD basis.
Jeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — 'It's The Most Important Work I'm Doing'
Apple's New CEO Is Bringing a Familiar Face Back From Retirement. The Shift Is Happening.
Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and ******* eX Earnings on Tap
#flash #memory #broader
3 months ago
Advanced Micro Devices (AMD) and Arm Holdings Plc (ARM) have spent the past year at the expense of one company, Intel (INTC), by shrinking its server business. Both have taken chunks out of the longtime leader. In the first quarter, AMD lifted its server CPU share from 24.1% to 27.4%. Arm-based chips also jumped from 11.5% to 17.7% in a year. In contrast, Intel slid from 64.4% to 54.9%.
For a while, the two rising players were partners in the same story. That has lately started to change.
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.
Billionaire Ken Griffin Just Saved Situational Awareness, But Here's What a Rescue Call From Citadel Really Sounds Like — 'I… Heard the Grim Reaper's Scythe'
#Intel #company #server #general
For a while, the two rising players were partners in the same story. That has lately started to change.
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.
Billionaire Ken Griffin Just Saved Situational Awareness, But Here's What a Rescue Call From Citadel Really Sounds Like — 'I… Heard the Grim Reaper's Scythe'
#Intel #company #server #general
3 months ago
Namibia is rapidly emerging as Africa's next major oil producer while neighboring South Africa, which controls roughly two-thirds of the same Orange Basin petroleum province, remains years behind in developing essentially the same petroleum system. The Orange Basin, an offshore deepwater petroleum province spanning the Atlantic maritime border between the two countries, is estimated to contain more than 20 billion barrels of oil equivalent. Yet while Namibia has attracted a succession of world-class discoveries and moved rapidly toward commercial development, South Africa has struggled to translate the same geological opportunity into producing **** ets.
TotalEnergies' (NYSE:TTE) deepwater Venus Project in offshore Namibia now targets an initial production capacity of roughly 150,000 barrels of oil per day, with first oil aimed for 2030. Venus-1X is estimated to contain 1.5 billion barrels of light crude and 4.8 trillion cubic feet of gas. TotalEnergies has also taken over operations of the massive Mopane discovery from Portugal's Galp Energia (OTCPK:GLPEF).
Last month, Shell Plc (NYSE:SHEL) and its JV partners reported a major oil discovery at the Merlin-1X exploration well within Petroleum Exploration Licence 39 (PEL 39). Located in Namibia's Orange Basin roughly 290 kilometers off the coast, the resource has recoverable reserves estimated at 750 million barrels for Phase 1. The success of Merlin-1X marks a critical turnaround for the consortium.
In early 2025, Shell booked a $400 million impairment on its Namibian offshore portfolio following engineering hurdles at older discovery wells with complex geology and high gas-to-oil ratios, including Graff-1X and Jonker-1X. Those challenges had initially slowed commercialization plans, but the Merlin-1X discovery has significantly improved the outlook for the company's Namibian acreage.
Related: Harold Hamm Bets Bigger on Argentina's Vaca Muerta Shale Boom
#petroleum #orange #roughly #offshore
TotalEnergies' (NYSE:TTE) deepwater Venus Project in offshore Namibia now targets an initial production capacity of roughly 150,000 barrels of oil per day, with first oil aimed for 2030. Venus-1X is estimated to contain 1.5 billion barrels of light crude and 4.8 trillion cubic feet of gas. TotalEnergies has also taken over operations of the massive Mopane discovery from Portugal's Galp Energia (OTCPK:GLPEF).
Last month, Shell Plc (NYSE:SHEL) and its JV partners reported a major oil discovery at the Merlin-1X exploration well within Petroleum Exploration Licence 39 (PEL 39). Located in Namibia's Orange Basin roughly 290 kilometers off the coast, the resource has recoverable reserves estimated at 750 million barrels for Phase 1. The success of Merlin-1X marks a critical turnaround for the consortium.
In early 2025, Shell booked a $400 million impairment on its Namibian offshore portfolio following engineering hurdles at older discovery wells with complex geology and high gas-to-oil ratios, including Graff-1X and Jonker-1X. Those challenges had initially slowed commercialization plans, but the Merlin-1X discovery has significantly improved the outlook for the company's Namibian acreage.
Related: Harold Hamm Bets Bigger on Argentina's Vaca Muerta Shale Boom
#petroleum #orange #roughly #offshore
3 months ago
U.S. airlines are grappling with soaring jet fuel costs again after the return of hostilities in the Middle East shattered the three-week-long U.S.-Iran 'deal to make a deal' and sent Brent crude oil prices soaring past $100 per barrel again.
The U.S. jet fuel market has been tightening since March, although there haven't been concerns about any shortages in America, unlike in Europe, which in April was supposed to run out of stockpiles within six weeks.
Europe didn't see shortages, but the global markets tightened, and prices spiked amid peak seasonal demand during the summer holiday travel.
U.S. jet fuel exports, and exports of all other fuels including gasoline and diesel, hit record highs this month as refining margins soared with crude supply still constrained at the Strait of Hormuz.
The result is spiking fuel costs that depress airline earnings and raise air fares for consumers.
#fuel
The U.S. jet fuel market has been tightening since March, although there haven't been concerns about any shortages in America, unlike in Europe, which in April was supposed to run out of stockpiles within six weeks.
Europe didn't see shortages, but the global markets tightened, and prices spiked amid peak seasonal demand during the summer holiday travel.
U.S. jet fuel exports, and exports of all other fuels including gasoline and diesel, hit record highs this month as refining margins soared with crude supply still constrained at the Strait of Hormuz.
The result is spiking fuel costs that depress airline earnings and raise air fares for consumers.
#fuel
4 months ago
CHICAGO — FreightWaves unveiled the winners of its 2026 AI Excellence in Supply Chain Awards during a ceremony at the Old Post Office in Chicago as part of the FreightWaves Supply Chain AI Symposium on July 15, 2026. The awards recognize companies using artificial intelligence to transform supply chain, transportation and logistics operations.
The competition this year was fierce. FreightWaves received a record 60 nominations, more than double last year's total, reflecting how quickly AI has moved from pilot projects to production systems across the industry. To capture the full picture of that shift, the 2026 awards were split into two categories: AI Solution Providers, honoring the technology companies building AI tools for the industry, and Operational AI Integration, honoring the carriers, brokers, forwarders and shippers deploying AI inside their own operations.
This year's honorees in the AI Solution Providers category are Arkestro, CloneOps.ai, Intelligent Audit, Fixefy, Augment, Eranova, Gather AI, Trimble Autonomous Procurement, Fullbay AI and Samsara. The Operational AI Integration honorees are NFI, Flexport, YMX Logistics, Uber Freight and Atlas Energy Solutions.
Honoring the technology companies building AI tools for the industry
Arkestro earned recognition for its AI-enabled predictive procurement platform, which combines artificial intelligence and game theory to let procurement teams simulate sourcing events before they happen and shape outcomes before suppliers ever submit a quote. Rather than replacing human decision-making, the platform augments it, giving suppliers AI-assisted pricing guidance and real-time feedback on how their offers compare. Customers report an average 18.8% savings on spend and sourcing cycles accelerated by up to 60%. One manufacturer identified more than $55 million in savings with a two-month ROI across 40 plants and more than 400 suppliers; an LNG operator cut high-value sourcing cycles from days to minutes while achieving 29% savings; and a global medical device manufacturer compressed logistics request-for-quote timelines from four months to six weeks, saving $2.4 million.
The competition this year was fierce. FreightWaves received a record 60 nominations, more than double last year's total, reflecting how quickly AI has moved from pilot projects to production systems across the industry. To capture the full picture of that shift, the 2026 awards were split into two categories: AI Solution Providers, honoring the technology companies building AI tools for the industry, and Operational AI Integration, honoring the carriers, brokers, forwarders and shippers deploying AI inside their own operations.
This year's honorees in the AI Solution Providers category are Arkestro, CloneOps.ai, Intelligent Audit, Fixefy, Augment, Eranova, Gather AI, Trimble Autonomous Procurement, Fullbay AI and Samsara. The Operational AI Integration honorees are NFI, Flexport, YMX Logistics, Uber Freight and Atlas Energy Solutions.
Honoring the technology companies building AI tools for the industry
Arkestro earned recognition for its AI-enabled predictive procurement platform, which combines artificial intelligence and game theory to let procurement teams simulate sourcing events before they happen and shape outcomes before suppliers ever submit a quote. Rather than replacing human decision-making, the platform augments it, giving suppliers AI-assisted pricing guidance and real-time feedback on how their offers compare. Customers report an average 18.8% savings on spend and sourcing cycles accelerated by up to 60%. One manufacturer identified more than $55 million in savings with a two-month ROI across 40 plants and more than 400 suppliers; an LNG operator cut high-value sourcing cycles from days to minutes while achieving 29% savings; and a global medical device manufacturer compressed logistics request-for-quote timelines from four months to six weeks, saving $2.4 million.
