A decline in public consumption of alcoholic drinks since the end of the Covid-19 pandemic has been a major factor in declining revenue in the beer, wine, and spirits sectors leading certain companies to file for bankruptcy protection.
128-year-old beer, wine, and spirits distributor Republic National Distributing Company was a major company affected as it filed for Chapter 11 bankruptcy protection, seeking going concern sales of its remaining ****** ets, a wind down of operations, completion of transition services agreements, and approval of its equity holder settlement.
National Distributing Company Inc. is not a part of the Chapter 11 filing, the company said in a statement on its website.
A company spokesperson was not immediately available for comment.
Republic National Distributing Company filed its petition as its business's financial position deteriorated after the Covid-19 pandemic subsided in late 2022 and demand for off-premises alcohol consumption plummeted.

#company #chapter #consumption #major

Nebius Group extended its winning streak to a third consecutive day on Tuesday, jumping 18.78 percent to finish at $216.92 apiece, after Nvidia Corp. helped boost investor confidence in the company following its acquisition of a 9.3 percent stake.
The purchase followed the two companies' investment and partnership announcement earlier this year, under which they will collaborate on developing and deploying next-generation hyperscale cloud for the AI market.
Nvidia also invested $2 billion in Nebius Group NV (NASDAQ:NBIS), reflecting its confidence in the latter's business and unique depth of engineering expertise across the full AI technology stack.
For illustration purposes only. Photo by Brett Sayles on Pexels
Under the terms of the partnership, Nebius Group NV (NASDAQ:NBIS) and Nvidia will collaborate on AI factory design and support, including access to partner design material, design review processes and acceptance, early samples and system software support, bring-up support, and regular system partner business and technical reviews.

#nbis

Madison Dividend Income Fund, managed by Madison Funds, released its Q2 2026 investor letter. A copy of the letter can be downloaded here. The Fund aims to generate income and capital appreciation from a high-quality, high-dividend portfolio. The Fund (class I) returned +1.8% in the second quarter, which compared to the S&P 500 Index, Russell 1000 Value Index, and Lipper Equity Income peer group returns of +15.2%, +13.9%, and +9.7%, respectively. YTD, the Fund returned +7.7%, compared with +10.2%, +16.3%, and +9.9% for the indexes, respectively. The Technology sector performed strongly, while Energy lagged. The firm sees the Energy sector's decline as an opportunity to buy undervalued energy stocks with good dividends. With S&P 500 valuations at all-time highs, risks include market correction and multiple contraction. The Fund aims to mitigate these risks by maintaining a diversified mix of high-quality, high-yield stocks in undervalued sectors. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Madison Dividend Income Fund highlighted ExxonMobil Holdings Corporation (NYSE:XOM). ExxonMobil Holdings Corporation (NYSE:XOM) is a leading energy company that engages in the exploration and production of crude oil and natural gas. On July 21, 2026, ExxonMobil Holdings Corporation (NYSE:XOM) closed at $151.71 per share, reflecting a market capitalization of $628.83 billion. ExxonMobil Holdings Corporation (NYSE:XOM) posted a one-month return of 10.82%, while its shares gained 38.01% over the past 52 weeks.
Madison Dividend Income Fund stated the following regarding ExxonMobil Holdings Corporation (NYSE:XOM) in its Q2 2026 investor update:
"One of the fund's top holdings is ExxonMobil Holdings Corporation (NYSE:XOM). XOM is the world's premier integrated oil and gas company. It has attractive upstream exploration and production ****** ets in the low-cost Permian Basin and a unique, ultra-low-cost growth opportunity in Guyana, along with developing liquid natural gas (LNG) ****** ets for data centers. The company has a downstream Product Solutions segment that refines energy, chemical and specialty products. Its low-cost position, diversified ****** et base, scale, integrated ****** ets and strong balance sheet provide a sustainable competitive advantage, in our view.
XOM's five-year "Plan to 2030" provides a framework for higher growth and substantial capital returns. It targets 65% of upstream production from its "advantaged" ****** ets by 2030, up from 59% today, which will drive a favorable mix shift and expand margins. The company thinks it can add $25 billion in earnings and $35 billion in cash flow while keeping capital expenditures flat in the $22-27 billion range.

#NYSE #madison

Apple recently filed a trade secrets lawsuit against OpenAI, accusing the AI company of a pattern of misconduct aimed at getting current and former Apple employees to share confidential information. (In response, OpenAI said it is "not aware of any evidence that this complaint has merit.")
On the latest episode of TechCrunch's Equity podcast, Kirsten Korosec, Sean O'Kane, and I debated whether this lawsuit will cast a shadow over OpenAI's much-discussed plans to get into the hardware business (starting with a mobile smart speaker) and go public.
"Even setting aside whether or not the court grants any kind of injunctive relief or any kind of restraining order over what OpenAI is doing, it just naturally can lead to that sort of situation where it's going to cause some delays in what OpenAI is working on," Sean suggested. "Which I'm sure was probably part of the reasoning behind Apple doing this. They don't do this stuff willy nilly."
With all those plans on the line, will OpenAI try to settle this as quickly as possible, or did it learn from its recent courtroom victory against Elon Musk that it can endure the cost and embarrassment of a trial? Kirsten, at least, predicts the latter.
Keep reading for a preview of our conversation, edited for length and clarity.

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Decades ago, it would take weeks or even months to send a message to someone, especially if they were far away. Today, finding information and staying connected have never been easier. People can communicate instantly and find answers in seconds through digital technology. It's no exaggeration to say that these platforms have become a key part of everyday life.
That's what makes companies like Alphabet and Meta so interesting- at least as investments. Both have had their hand in driving the digital landscape to where it is today, and both are still hard at work shaping the future.
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Arbitrum's ARB token (CRYPTO: $ARB) jumped 19% Thursday as trading on Robinhood's (NASDAQ: $HOOD) new blockchain pushed daily volume past $568 million and started sending revenue back into the Arbitrum ecosystem.
ARB led gains among the top 100 cryptocurrencies, while bitcoin rose about 1.5% and ether added 0.5%. The outperformance followed a fast start for Robinhood Chain, which opened to the public last week after being built on Arbitrum's technology stack.
Robinhood Chain processed more than $568 million in trading volume on Wednesday, followed by another $350 million by Thursday. Memecoin activity accounted for much of the early rush, while stablecoin balances on the network climbed above $260 million during its first week.
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Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the Best Penny Stocks to Invest In According to Billionaires. Opendoor Technologies Inc. (NASDAQ:OPEN) has gained more than 18% over the past month, driven by strong housing data and improved unit economics. As of Q1 2026, 15 billionaire investors held the stock.
The gains were also boosted by the company's inclusion in the Russell 3000 index on May 27. The inclusion came into effect at market close on June 26, 2026. Moreover, Opendoor also posted strong results for its fiscal Q1 2026 earnings, released on May 8. During the quarter, the company posted $720 million in revenue and topped the consensus of $667.16 million. The EPS of negative $0.05 also came in ahead of the expected negative $0.06.
Management noted signing its largest volume of home acquisition contracts since 2022. This was roughly double the previous quarter. Moreover, the company also highlighted that resale margins have improved every month since September 2025, with March 2026 posting the best contribution margin in nearly two years. Inventory health also improved sharply, and aged inventory dropped from 51% in Q3 2025 to just 10%.
Following a quarter of record acquisition contracts, management expects to reach Adjusted EBITDA breakeven in Q2 2026 and aims for positive adjusted net income on a 12-month basis by year-end.
Opendoor Technologies Inc. (NASDAQ:OPEN) operates a digital platform that makes buying and selling homes easier and more cost-effective than traditional processes.

With a market cap of $16 billion, Masco Corporation (MAS) is a global leader in the design, manufacture, and distribution of branded home improvement and building products. Its portfolio includes industry-leading brands such as Behr®, Delta®, hansgrohe®, Liberty®, and HotSpring®, delivering innovative solutions that create value for customers and shareholders.
The Livonia, Michigan-based company is set to release its fiscal Q2 2026 results before the market opens on Thursday, Jul. 29. Ahead of this event, ***** ysts project MAS to report an adjusted EPS of $1.29, a marginal decline from $1.30 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in three of the last four quarters while missing on another occasion.
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A flood of ***** yst initiations on ***** eX (SPCX) hit the market Tuesday, 16 trading days after Elon Musk's rocket-telecom-AI-neocloud-social media company made its debut.
Most of them were bullish.
The stock fell by nearly 7%, closing below $150 for the first time since the ***** eX IPO.
I've long called investing in Musk's endeavors faith-based. With ***** eX's IPO, shareholders are called upon to believe as never before. Including today's notes, ***** ysts' average price target for the stock as tracked by Bloomberg is $236.45, 58% above Tuesday's close.
Consider a partial list of milestones and hurdles that ***** eX must reach to rally that much and more in the coming years, according to their research notes:

SharonAI Holdings Inc. (NASDAQ:SHAZ) is one of the best new tech stocks to buy according to ******* ysts. On June 29, Sharon AI announced the closing of an oversubscribed $1.6 billion private placement financing. The transaction included ~$900 million in Class A Ordinary Common Stock and pre-funded warrants, alongside $700 million in 4.75% Convertible Senior Notes. The financing was anchored by major institutional investors, including Situational Awareness L.P. and funds managed by Oaktree Capital Management L.P.
The company plans to use the capital to execute its six-year strategic compute collaboration with NVIDIA (NASDAQ:NVDA). A primary objective is the construction of one of Australia's largest AI factories, which will feature the deployment of up to 40,000 Grace Blackwell GB300 GPUs. This infrastructure investment serves as a cornerstone for the company's broader expansion strategy in the Neocloud sector.
spacedrone808/Shutterstock.com
Goldman Sachs & Co. LLC served as the lead placement agent for the transaction, with additional support from Lucid Capital Markets. Macquarie Capital was the financial advisor. The company expects to provide further details regarding the financing in an upcoming filing with the US Securities and Exchange Commission.
SharonAI Holdings Inc. (NASDAQ:SHAZ) is a leading Australian Neocloud and HPC company specializing in AI infrastructure and cloud GPU environments. The firm provides cutting-edge GPU solutions for training and inference to accelerate the development of AI factories and sovereign AI solutions.

We recently compiled a list of the 8 Best Rare Earth Stocks to Buy in 2026. Sigma Lithium Corporation (NASDAQ:SGML) is among the best rare earth stocks on this list.
TheFly reported on June 9 that SGML announced that a Court of Appeal Judge in the Court of Justice of Minas Gerais overturned a previous lower court ruling that included a potential $10 million legal collateral requirement. The court requested that SGML support the appointment of an independent technical advisory firm to ******* s and monitor the impact of the company's operations on residents in the municipalities of Aracuai and Itinga. Sigma Lithium welcomed the ******* sment process, stating that the independent review would provide an opportunity to establish factual information regarding the operational impacts.
Separately, on June 2, Sigma Lithium Corporation (NASDAQ:SGML) reported the filing of one year of externally verified environmental monitoring data covering the 12 months through May 2026. The data demonstrated the company's performance in managing dust, noise, and vibration levels across nearby communities. Results showed dust emissions remained significantly below established regulatory standards, while vibration measurements were recorded at very low levels, and noise monitoring confirmed compliance with applicable requirements. SGML stated that the independently collected data provides objective evidence of its environmental performance and supports the company's commitment to sustainable mining practices.
Sigma Lithium Corporation (NASDAQ:SGML) is a global lithium producer supplying high-purity, sustainable battery-grade lithium concentrate for the electric vehicle market.
While we acknowledge the potential of SGML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Twilio (NYSE: TWLO) has enjoyed a strong start to the year but now finds itself in a 20% correction. Many companies use Twilio's platform to communicate with customers via text, video, artificial intelligence (AI) chatbots, and other capabilities. It's natural for stocks to take breathers after long runs, but a high P/E ratio offers some reason for concern.
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Twilio has good fundamentals, but it's hard to justify a stock with a P/E ratio hovering near 300. The company delivered 20% year-over-year revenue growth in the first quarter. Those sales come from a solid foundation, which includes more than 400,000 customers and 68% of Fortune 500 companies.
However, growth investors aren't concerned only with the current foundation. They want revenue acceleration and enticing long-term growth prospects. If those are good, investors can more easily justify a stock that is trading near a 300 P/E ratio, but that isn't the case for Twilio.
The company anticipates only 15.5% to 16.5% year-over-year revenue growth in Q2 and 14% to 15% year-over-year revenue growth in full-year 2026. These aren't exciting numbers, especially when investors can choose from AI stocks that are delivering substantial growth rates well above the 14% to 15% growth rate Twilio expects to deliver throughout the year.

Micron Technology (MU) has become one of the biggest beneficiaries of the artificial intelligence (AI) boom, and its latest earnings report made that clearer than ever. The memory chipmaker delivered blockbuster quarterly results, issued guidance that easily topped Wall Street's expectations, and showed that demand for its high-bandwidth memory and advanced storage products remains exceptionally strong. Unsurprisingly, investors cheered the report, sending MU stock sharply higher.
Still, the most important takeaway from Micron's report may not have been the earnings beat itself. Instead, it was the company's progress in securing long-term supply agreements with major customers. These deals gave management enough visibility to project that supply shortages will extend beyond 2027, marking a notable shift from the company's previous outlook, which focused only on the current calendar year.
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Heartland Advisors, an investment management company, released its first-quarter 2026 investor letter for the "Heartland Opportunistic Value Equity Strategy". A copy of the letter can be downloaded here. Improving market breadth was noted in the first quarter, but geopolitical instability in the Middle East disrupted this trend. Instead of speculating on the conflict's duration or crude oil prices, we focus on bottom-up fundamental ***** ysis. The market also favored AI winners with high valuations and penalized losers. Against this backdrop, the strategy appreciated 3.66%, outperforming the Russell 3000 Value Index, which rose 2.23%. Stock selection was positive across most sectors. In addition, you can check the Fund's top 5 holdings to determine its best picks for 2026.
In its first-quarter 2026 investor letter, Heartland Opportunistic Value Equity Strategy noted that Caterpillar Inc. (NYSE:CAT) is at an unprecedented level. Caterpillar Inc. (NYSE:CAT) is a leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. On June 26, 2026, Caterpillar Inc. (NYSE:CAT) closed at $997.47 per share, reflecting a market capitalization of $459.43 billion. Caterpillar Inc. (NYSE:CAT) posted a one-month return of 15.27%, and its shares gained 156.94 over the past 52 weeks.
Heartland Opportunistic Value Equity Strategy stated the following regarding Caterpillar Inc. (NYSE:CAT) in its Q1 2026 investor letter:
"Beneath the surface, excitement surrounding artificial intelligence (AI) continues to foster an environment of extreme valuation disparity between the perceived winners and losers of an AI infrastructure buildout and the ***** ociated implications of use cases proliferating across the global economy. As an example, Caterpillar Inc. (NYSE:CAT), the manufacturer of construction and mining equipment, traded to unprecedented levels this quarter. On Enterprise Value to Sales, CAT's valuation exceeded 6x versus peak valuation in prior cycles in the 2-4x range.
If you've driven past a data center development, you'll see CAT bulldozers and excavators scattered across the horizon but bull-case excitement is all about the company's ability to manufacture natural gas turbines, which are being used to plug a power gap the utility industry will take years to plug in light of datacenter's insatiable demand for power.

By Amanda Cooper
LONDON, June 29 (Reuters) - The dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of ‌a key jobs report later this week.
The U.S. and Iran traded fresh attacks over the weekend before they agreed to stop and ‌meet in Qatar on Tuesday, leaving investors nervous about the declared ceasefire and nudging oil prices higher.
The euro edged up 0.2% to $1.14 after reaching a 13-month low against the dollar last week; it was on track for a 2.4% monthly decline.
The dollar index, which tracks the performance of the U.S. currency against six others, was steady at 101.34, near last week's 13-month high. The dollar itself has risen against every major currency this month, performing the strongest against Scandinavian and Antipodean currencies, which have lost between 4.7% and 7%.

Meta Platforms, Inc. (NASDAQ:META) is one of the safe stocks for beginners to buy in 2026. Reuters discussed on June 25 that Kunal Shah, who is now taking charge of Meta Platforms, Inc.'s (NASDAQ:META) WhatsApp, who does not hold an engineering degree or Silicon Valley pedigree, has spent two decades building businesses around digital payments and consumer behaviour in India. Chief Product Officer Chris ****** wrote in an internal memo that Meta Platforms, Inc. (NASDAQ:META) was on the lookout for a leader with "an intuitive grasp of the immense, global product potential for WhatsApp". In the note reviewed by Reuters, ****** stated that: "Over the course of the (now many) conversations I've had with Kunal through this courting process, he has shown an immense entrepreneurial energy combined with a natural humanism".
In a separate development, DoubleVerify announced on June 22 the expansion of DV Authentic AdVantage™ to Meta Platforms, Inc. (NASDAQ:META) and TikTok. DoubleVerify is a software platform involved with verifying media quality, optimizing ad performance, and proving campaign outcomes. It stated that the solution combines pre-bid media quality protection, independent measurement, and AI-powered campaign optimization, allowing advertisers to bolster media quality, improve performance, and drive greater efficiency across digital advertising environments.
Meta Platforms, Inc. (NASDAQ:META) builds technological products that allow people to share, connect, grow businesses, and find communities. These products help people connect through personal computers, mobile devices, virtual reality (VR), mixed reality (MR) headsets, and wearables.
While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Carillon Tower Advisers, an investment management company, released its first-quarter 2026 investor letter for the "Carillon Eagle Small Cap Growth Fund". A copy of the letter can be downloaded here. Small-cap stocks delivered mixed results in the quarter as the market favored value stocks over growth. The Russell 2000 Growth Index fell 2.82% in the quarter, while the Russell 2000® Value Index increased 4.96%. The first quarter saw equity market volatility due to Iran strikes, boosting energy prices. The firm is optimistic that the turbulence in the market will be short-lived, with improved valuations and potential positive developments from de-escalation in the Middle East. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Carillon Eagle Small Cap Growth Fund highlighted Archrock, Inc. (NYSE:AROC). Archrock, Inc. (NYSE:AROC) is a US-based energy infrastructure company that provides natural gas compression services. On June 24, 2026, Archrock, Inc. (NYSE:AROC) closed at $38.79 per share. One-month return of Archrock, Inc. (NYSE:AROC) was 12.11%, and its shares gained 53.81% over the past 52 weeks. Archrock, Inc. (NYSE:AROC) has a market capitalization of $6.79 billion.
Carillon Eagle Small Cap Growth Fund stated the following regarding Archrock, Inc. (NYSE:AROC) in its Q1 2026 investor letter:
"Archrock, Inc. (NYSE:AROC), an energy infrastructure company focused on midstream natural gas compression, performed well as improving oil prices supported expectations for modestly stronger US production growth in the near term. Given that its earnings are closely tied to natural gas volumes, this shift in outlook benefited sentiment. Archrock is well positioned longer term to capitalize on the robust sustained growth in domestic natural gas production. This is driven by expanding LNG export capacity and ever-increasing power demand ******* ociated with the buildout of artificial intelligence infrastructure."
Archrock, Inc. (NYSE:AROC) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 36 hedge fund portfolios held Archrock, Inc. (NYSE:AROC) at the end of the first quarter, up from 30 in the previous quarter. While we acknowledge the potential of Archrock, Inc. (NYSE:AROC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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SpaceX (NASDAQ:SPCX) is one of the 15 AI Stocks ***** ysts Are Watching: Microsoft, Nvidia, and More.
On June 22, KeyBanc initiated the stock as Sector Weight; noting that it is fairly valued and that it doesn't see a clear reason to buy or sell the stock at current levels.
SPCX possesses significant disruptive growth avenues, though we believe this is reflected in current valuation and risk/reward appears balanced, in our view.
While ***** eX has huge plans through its Starlink and Starship rocket, the firm is not yet enthusiastic about them. It noted how Starship, the giant reusable rocket, is yet to mature and has suffered setbacks, pushing back timelines several years.
While we believe Starship will ultimately achieve success, we take a conservative approach on its development timeline. Risk/reward appears balanced until we achieve greater visibility on Starship's progress.

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Ardelyx, Inc. (NASDAQ:ARDX) is among the best low priced stocks to get rich in 2026. On June 16, Ladenburg started coverage on Ardelyx, Inc. (NASDAQ:ARDX) with a Buy rating and a price target of $16. According to TheFly, the company is currently focused on expanding demand for Ibsrela, sustaining sales momentum for Xphozah, growing its pipeline, and meeting financial projections.
When Ardelyx, Inc. (NASDAQ:ARDX) reported its Q1 FY2026 results, its total product revenue was up 38% YoY, thanks to 58% YoY surge in IBSRELA revenue and strong XPHOZAH performance. While discussing IBSRELA, management laid out plans to deliver at least $1 billion in annual revenue in 2029. What strengthens the case for the company is its financial flexibility to make additional investments.
As stated by the President and CEO, Mike Raab,
"We're excited for this next phase of Ardelyx's evolution as we execute on our pipeline and explore various external opportunities that align with our mission and core capabilities and meet our disciplined capital allocation approach."
With a 1-year return outperformance of 42.18% and upside potential of 133.16%, Ardelyx, Inc. (NASDAQ:ARDX) is among the best low-priced stocks to get rich in 2026.

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When 23-year-old Jackson from New York called into The Ramsey Show, he wasn't asking how to spend his inheritance — he was asking what not to do with it.
A few months earlier, he and his brothers had sold their parents' home, leaving him with about $450,000. He had no debt, had just graduated from college, earned about $75,000 a year and was renting with his brother while planning a future move from Long Island to New York City.
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NEW YORK, June 17 (Reuters) - Treasury yields were slightly higher on Wednesday, as U.S. data led by the May retail sales report were mostly stronger than expected and investors looked ahead to Wednesday afternoon's debut ‌appearance by Federal Reserve Chair Kevin Warsh.
The 10-year Treasury yield was flat at 4.431% and the 2-year yield, ‌which is most sensitive to the market's expectations for Fed rate action, was up 2 basis points to 4.07%.
Retail sales jumped 0.9% last month after a downwardly revised 0.4% gain in April, the Commerce Department's Census Bureau said.
Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rising 0.5% after a previously reported 0.5% increase in April.
"Overall, the data offers a reassuring indication of a resilient consumer despite the continued erosion of real purchasing power," said Vail Hartman, a rates ****** ociate at BMO Capital ‌Markets. "Despite the surge in prices at the ⁠pump, concerns of a slowdown in consumer spending have yet to be realized in any particularly meaningful way."

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Exit and liquidity aren't the same things — exit means the company has reached its final chapter, and ownership is changing, usually via an IPO or acquisition. Liquidity can turn ownership into cash, and doesn't require the company to be sold or go public.
Liquidity can become infrastructure for your business, changing behavior and creating a more sustainable system.
For years, venture capital ran on a simple story: Build the company. Raise capital. Grow fast. Go public. Return capital.
It worked because everyone agreed on the ending. The IPO was the dream outcome. Founders, investors and employees all aligned around the idea that value would convert to cash on a predictable timeline. That ***** umption no longer holds.

Interested in GameStop Corp.? Here are five stocks we like better.
Stocks surged as hopes for a U.S.-Iran peace agreement eased concerns about oil prices and inflation.
SpaceX's historic IPO debut, valued at nearly $1.8 trillion, energized investors and fueled market optimism.
Beyond the IPO mechanics, ****** eX highlights how powerful growth narratives can drive investor sentiment.
Stocks rallied to close the week as two bullish catalysts converged. On the geopolitical front, news was that a peace deal between the United States and Iran could be signed as early as this weekend. A reopening of the Strait of Hormuz would go a long way to offsetting inflation concerns.

Is INTC a good stock to buy? We came across a bullish thesis on Intel Corporation on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on INTC. Intel Corporation's share was trading at $99.17 as of June 5th. INTC’s trailing and forward P/E were 904.17 and 123.46 respectively according to Yahoo Finance.
Posonskyi Andrey/Shutterstock.com
Intel Corporation designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States and internationally. INTC is positioned as a deeply undervalued semiconductor company where the market is still pricing in structural skepticism despite improving operational signals across manufacturing, foundry, and advanced packaging.
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UFP Industries Inc (NASDAQ:UFPI) is one of the best land and timber stocks to buy now. ******* ysts expect the stock to jump more than 29% from its current level.
UFP Industries Inc (NASDAQ:UFPI)’s Q1 2026 results, released on April 29, showed revenue slipped 8% YoY to $1.46 billion due to weak prices and unit sales. EPS of $0.89 declined from $1.30 a year ago. Earnings were impacted by higher fuel costs, adverse weather, and other factors. The company said rising input costs accounted for more than half of the decline in profit in the quarter.
While Q1 2026 did not go well for UFP Industries, the management believes the current headwinds will be temporary. The management further noted progress in managing costs and executing on strategies to position the company for long-term success.
On cost controls, the company says it is on track to deliver at least $25 million in cost outs by the end of 2026. At the same time, it is structurally lowering its cost base. On growth strategies, the management mentioned combining organic expansions with disciplined acquisitions, strengthening core businesses, and launching innovative products.
Michigan-based UFP Industries Inc (NASDAQ:UFPI) converts lumber into various value-added products. It manufactures, distributes, and sells a variety of products used in construction, packaging, and other industrial applications. The company operates three main business segments.

Strategy (MSTR), formerly MicroStrategy, stock ended down on June 5 as the world’s largest cryptocurrency by market cap, Bitcoin (BTCUSD), slipped briefly below the closely watched $60,000 level.
The selloff compounds an already difficult stretch for MSTR — the company's four-year “never sell” commitment cracked last week, when it disclosed the sale of 32 bitcoins.
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