5 days ago
While much of the clothing and footwear industry has spent this earnings season explaining away low consumer demand, Birkenstock Holding plc (NYSE:BIRK) showed an entirely different story, and investors rewarded it accordingly.
Shares of the German footwear manufacturer rose up to 20% on August 13 after the company published fiscal third-quarter earnings that exceeded expectations and prompted management to improve its full-year guidance. Revenue for the quarter came in at €720 million (about $829 million), up 13% on a reported basis and 15% in constant currency, exceeding ****** ysts expectations of around €713-715 million. Meanwhile, adjusted earnings per share of €0.74 happened to be somewhat lower than the €0.76 consensus, though this fact did little to dampen enthusiasm given the report's overall strength.
The headline change was direction. Birkenstock Holding plc (NYSE:BIRK) now targets fiscal 2026 revenue growth of 15% on a constant-currency basis, up from its previous range of 13% to 15%, putting the company at the upper end of its own previous objective rather than just reiterating it. Management also increased its adjusted EBITDA forecast to at least €710 million, up from a previous floor of €700 million, and now expects reported revenue to be at the high end of the €2.30 billion-€2.35 billion range.
According to Birkenstock Holding plc (NYSE:BIRK), the reason for some of the strength is simple: full-price demand from affluent buyers who haven't reduced their discretionary spending in the same manner that the broader consumer has. Strong pricing power and brand loyalty helped shield companies catering to wealthier customers from the broader spending pullback affecting much of the apparel and footwear sector, and Birkenstock's results reflect this across all regions it operates in, with the Americas growing 14%, EMEA 15%, and Asia-Pacific rising the fastest at 23%, all in constant currency terms.
Birkenstock Holding plc (NYSE:BIRK) has also carefully managed its balance sheet during this period of strength. On June 30, the company executed an accelerated share buyback program of €230 million, decreasing its outstanding share count by about 6 million shares. The move helped enhance per-share earnings growth, with adjusted EPS rising 19% year-over-year.
#million #birk #company
Shares of the German footwear manufacturer rose up to 20% on August 13 after the company published fiscal third-quarter earnings that exceeded expectations and prompted management to improve its full-year guidance. Revenue for the quarter came in at €720 million (about $829 million), up 13% on a reported basis and 15% in constant currency, exceeding ****** ysts expectations of around €713-715 million. Meanwhile, adjusted earnings per share of €0.74 happened to be somewhat lower than the €0.76 consensus, though this fact did little to dampen enthusiasm given the report's overall strength.
The headline change was direction. Birkenstock Holding plc (NYSE:BIRK) now targets fiscal 2026 revenue growth of 15% on a constant-currency basis, up from its previous range of 13% to 15%, putting the company at the upper end of its own previous objective rather than just reiterating it. Management also increased its adjusted EBITDA forecast to at least €710 million, up from a previous floor of €700 million, and now expects reported revenue to be at the high end of the €2.30 billion-€2.35 billion range.
According to Birkenstock Holding plc (NYSE:BIRK), the reason for some of the strength is simple: full-price demand from affluent buyers who haven't reduced their discretionary spending in the same manner that the broader consumer has. Strong pricing power and brand loyalty helped shield companies catering to wealthier customers from the broader spending pullback affecting much of the apparel and footwear sector, and Birkenstock's results reflect this across all regions it operates in, with the Americas growing 14%, EMEA 15%, and Asia-Pacific rising the fastest at 23%, all in constant currency terms.
Birkenstock Holding plc (NYSE:BIRK) has also carefully managed its balance sheet during this period of strength. On June 30, the company executed an accelerated share buyback program of €230 million, decreasing its outstanding share count by about 6 million shares. The move helped enhance per-share earnings growth, with adjusted EPS rising 19% year-over-year.
#million #birk #company
11 days ago
Bitcoin (BTC) mining name Riot Platforms Inc (NASDAQ:RIOT) is surging today, up 11.6% at $20.79 at last glance while Bitcoin taps three-month highs. Along with sector tailwinds, RIOT has its own bullish signal to keep an eye on as well.
According to Schaeffer's Senior Quantitative ******* yst Rocky White, Riot Platforms stock is trading within 0.75 times the 260-day moving averages' 20-day average true range (ATR), after spending at least 80% of the previous two weeks and 80% of the prior 42 trading sessions above that trendline. This setup has appeared six other times over the last decade, after which the stock was higher one month later 100% of the time, averaging a large 19.7% gain.
Short interest represents a hefty 14.35% of RIOT's available float, or more than 50 million shares, and would take shorts nearly three days to cover at the stock's average pace of trading. A move higher could pressure some of these bearish bettors to exit their positions, creating additional buying power.
Now also looks like a good time to weigh RIOT's next move with options. The stock's Schaeffer's Volatility Index (SVI) of 76% sits in the low 9th percentile of its annual range, suggesting options traders are pricing in relatively low volatility expectations at the moment. Plus, its Schaeffer's Volatility Scorecard (SVS) stands at 80 out of 100, indicating RIOT has tended to exceed option traders' volatility expectations during the past year.
#volatility #three #Stock #times
According to Schaeffer's Senior Quantitative ******* yst Rocky White, Riot Platforms stock is trading within 0.75 times the 260-day moving averages' 20-day average true range (ATR), after spending at least 80% of the previous two weeks and 80% of the prior 42 trading sessions above that trendline. This setup has appeared six other times over the last decade, after which the stock was higher one month later 100% of the time, averaging a large 19.7% gain.
Short interest represents a hefty 14.35% of RIOT's available float, or more than 50 million shares, and would take shorts nearly three days to cover at the stock's average pace of trading. A move higher could pressure some of these bearish bettors to exit their positions, creating additional buying power.
Now also looks like a good time to weigh RIOT's next move with options. The stock's Schaeffer's Volatility Index (SVI) of 76% sits in the low 9th percentile of its annual range, suggesting options traders are pricing in relatively low volatility expectations at the moment. Plus, its Schaeffer's Volatility Scorecard (SVS) stands at 80 out of 100, indicating RIOT has tended to exceed option traders' volatility expectations during the past year.
#volatility #three #Stock #times
13 days ago
Student credit cards are designed for college students, so you may need to provide proof of your enrollment when you apply, depending on your credit card issuer. You may have the option to change your student card to a similar nonstudent card or continue to use the existing card when you graduate.
While you're in school, you can use a student credit card to make purchases and establish credit. Each month, you'll get a credit card statement with an overview of your spending and a due date. You should pay at least the minimum required payment by this due date, though it's smart to pay your full balance off each month. Any remaining balance after the due date passes will start to accrue interest. Credit card interest can quickly become expensive — some student cards charge interest rates of nearly 30%.
But as long as you pay at least the minimum on time, you can build credit. Your student credit card issuer reports your account information to the credit bureaus (Equifax, Experian, and TransUnion). By paying on time and keeping your balances well below the credit limit, you'll increase your credit score over time.
To avoid interest charges and build credit with a student credit card, make sure you pay on time and track your spending so you know you can afford to pay your full balance at the end of the month.
Before you apply for a student credit card, check these details:
#credit #student #month
While you're in school, you can use a student credit card to make purchases and establish credit. Each month, you'll get a credit card statement with an overview of your spending and a due date. You should pay at least the minimum required payment by this due date, though it's smart to pay your full balance off each month. Any remaining balance after the due date passes will start to accrue interest. Credit card interest can quickly become expensive — some student cards charge interest rates of nearly 30%.
But as long as you pay at least the minimum on time, you can build credit. Your student credit card issuer reports your account information to the credit bureaus (Equifax, Experian, and TransUnion). By paying on time and keeping your balances well below the credit limit, you'll increase your credit score over time.
To avoid interest charges and build credit with a student credit card, make sure you pay on time and track your spending so you know you can afford to pay your full balance at the end of the month.
Before you apply for a student credit card, check these details:
#credit #student #month
21 days ago
Dollar General (DG) wins the portfolio battle over Best Buy (BBY) with a beta of 0.235, a defensive consumables mix, and just-raised full-year EPS guidance.
Best Buy's 91% Polymarket earnings beat probability looks compelling, but its stock at $85 already trades above **** ysts' $83 consensus target.
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Dollar General (NYSE:DG) and Best Buy (NYSE:BBY) both report results before the market opens on Thursday, August 27, 2026, and they present the retirement-focused investor with the same trade dressed two different ways. Both sell to a strained American consumer. One is a low-beta consumer defensive name. The other is a higher-beta consumer cyclical. The question is which risk profile earns the seat in the portfolio ahead of Thursday's earnings releases.
Beta measures how much a stock tends to move relative to the broader market. Below 1.0 means the stock historically moves less than the index. Above 1.0 means it moves more. Dollar General's beta is 0.235, one of the lowest readings in retail, and the company is in the Consumer Defensive sector, where roughly 82% of the mix is everyday consumables that customers buy in any economy. Best Buy has a beta of 1.317 and sits in Consumer Cyclical, tethered to televisions, appliances, and computing upgrade cycles that households defer when budgets tighten.
#Consumer #best #defensive #above
Best Buy's 91% Polymarket earnings beat probability looks compelling, but its stock at $85 already trades above **** ysts' $83 consensus target.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Dollar General (NYSE:DG) and Best Buy (NYSE:BBY) both report results before the market opens on Thursday, August 27, 2026, and they present the retirement-focused investor with the same trade dressed two different ways. Both sell to a strained American consumer. One is a low-beta consumer defensive name. The other is a higher-beta consumer cyclical. The question is which risk profile earns the seat in the portfolio ahead of Thursday's earnings releases.
Beta measures how much a stock tends to move relative to the broader market. Below 1.0 means the stock historically moves less than the index. Above 1.0 means it moves more. Dollar General's beta is 0.235, one of the lowest readings in retail, and the company is in the Consumer Defensive sector, where roughly 82% of the mix is everyday consumables that customers buy in any economy. Best Buy has a beta of 1.317 and sits in Consumer Cyclical, tethered to televisions, appliances, and computing upgrade cycles that households defer when budgets tighten.
#Consumer #best #defensive #above
23 days ago
UBS projects hyperscalers will spend $4.1 trillion on AI infrastructure from 2026 to 2028, tripling the $1.3 trillion deployed over the previous six years.
Amazon, Alphabet, and Microsoft will collectively spend 102% of their cloud revenue on capex in 2026, recycling nearly all cloud income back into AI infrastructure.
The investment winners won't be the biggest spenders but companies converting that unprecedented infrastructure buildout into recurring revenue and strong returns on capital.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
The artificial intelligence boom is turning corporate capital spending into a different kind of arms race. The biggest cloud companies aren't merely adding data centers as demand grows; they're building infrastructure years ahead of expected usage.
#capital
Amazon, Alphabet, and Microsoft will collectively spend 102% of their cloud revenue on capex in 2026, recycling nearly all cloud income back into AI infrastructure.
The investment winners won't be the biggest spenders but companies converting that unprecedented infrastructure buildout into recurring revenue and strong returns on capital.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
The artificial intelligence boom is turning corporate capital spending into a different kind of arms race. The biggest cloud companies aren't merely adding data centers as demand grows; they're building infrastructure years ahead of expected usage.
#capital
27 days ago
ScanSource (NASDAQ: SCSC) is seeing strong bullish momentum in Thursday's trading following the company's recent quarterly report. The cloud connectivity specialist's share price was up 16.2% as of 11:15 a.m. ET -- and the stock had been up as much as 28.4% closer to the opening of the market.
Before trading started this morning, ScanSource published results for the fourth quarter of its 2026 fiscal year -- a period that ended June 30. In addition to posting sales and earnings that exceeded Wall Street's targets, the company also announced a major acquisition move.
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 »
ScanSource's fiscal Q4 report arrived with sales and earnings results that came in far ahead of the average Wall Street ******* yst forecasts. Revenue rose roughly 17% year over year to reach $953.1 million, surpassing the average ******* yst estimate by roughly $151 million. Meanwhile, non-GAAP (adjusted) earnings per share of $1.46 surpassed the average target by $0.32 per share.
In conjunction with its fiscal Q4 report, ScanSource also announced that it had entered into a deal to acquire tech and digital transformation specialist MicroAge in a $220.5 million deal. The acquisition is expected to close by the end of September, and ScanSource expects that the deal will be accretive to sales, margins, adjusted earnings, and free cash flow within the first year of integration.
#scansource #NVIDIA #report
Before trading started this morning, ScanSource published results for the fourth quarter of its 2026 fiscal year -- a period that ended June 30. In addition to posting sales and earnings that exceeded Wall Street's targets, the company also announced a major acquisition move.
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 »
ScanSource's fiscal Q4 report arrived with sales and earnings results that came in far ahead of the average Wall Street ******* yst forecasts. Revenue rose roughly 17% year over year to reach $953.1 million, surpassing the average ******* yst estimate by roughly $151 million. Meanwhile, non-GAAP (adjusted) earnings per share of $1.46 surpassed the average target by $0.32 per share.
In conjunction with its fiscal Q4 report, ScanSource also announced that it had entered into a deal to acquire tech and digital transformation specialist MicroAge in a $220.5 million deal. The acquisition is expected to close by the end of September, and ScanSource expects that the deal will be accretive to sales, margins, adjusted earnings, and free cash flow within the first year of integration.
#scansource #NVIDIA #report
1 month ago
Upwork (NASDAQ: UPWK) stock is losing ground on Tuesday following the release of the company's second-quarter results. The company's share price was down 12.2% as of 12:30 p.m. ET. At the same point in the daily session, the S&P 500 and the Nasdaq Composite had fallen 0.2% and 0.4%, respectively.
After the market closed yesterday, Upwork published its Q2 numbers. Results in the period were mixed, with earnings coming in below expectations despite a sales beat. Making matters worse, the gig-economy marketplace company lowered its full-year guidance.
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 »
Upwork reported sales of roughly $191.7 million in the second quarter, beating the average ******* yst estimate by roughly $1.7 million. On the other hand, earnings per share of $0.20 in the period missed the average Wall Street target by $0.01. Sales were still down 1.7% year over year in the quarter, and active clients on the company's platform declined roughly 4% year over year to 763,000. A 5% increase in gross service volume (GSV) per customer to $5,230 helped offset the client decline, but the business is facing persistent headwinds.
With its Q2 report, Upwork lowered its full-year sales guidance to between $730 million and $750 million -- down from previous guidance for sales between $760 million and $790 million. Management also now expects non-GAAP (adjusted) earnings per share to be between $1.38 and $1.43 -- down from its previous target for earnings per share between $1.50 and $1.55.
#signal
After the market closed yesterday, Upwork published its Q2 numbers. Results in the period were mixed, with earnings coming in below expectations despite a sales beat. Making matters worse, the gig-economy marketplace company lowered its full-year guidance.
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 »
Upwork reported sales of roughly $191.7 million in the second quarter, beating the average ******* yst estimate by roughly $1.7 million. On the other hand, earnings per share of $0.20 in the period missed the average Wall Street target by $0.01. Sales were still down 1.7% year over year in the quarter, and active clients on the company's platform declined roughly 4% year over year to 763,000. A 5% increase in gross service volume (GSV) per customer to $5,230 helped offset the client decline, but the business is facing persistent headwinds.
With its Q2 report, Upwork lowered its full-year sales guidance to between $730 million and $750 million -- down from previous guidance for sales between $760 million and $790 million. Management also now expects non-GAAP (adjusted) earnings per share to be between $1.38 and $1.43 -- down from its previous target for earnings per share between $1.50 and $1.55.
#signal
1 month ago
Mondi has introduced a packaging format that pairs a corrugated outer carton with recyclable flexible packaging marked by laser.
The design is aimed at e-commerce and bag-in-box uses and can be applied to several flexible packaging formats to support circularity and form supply chains.
Artwork is added directly to the flexible packaging during converting through laser marking technology, removing the need for standard decorative printing and printing plates.
Mondi said this makes it easier to customise packs, update artwork quickly and adjust designs in response to shifts in market demand and consumer preferences.
The format can be used across different flexible packaging types, including reels, pre-made pouches such as the re/cycle StripPouch, and larger pre-made bags.
#packaging #flexible #made
The design is aimed at e-commerce and bag-in-box uses and can be applied to several flexible packaging formats to support circularity and form supply chains.
Artwork is added directly to the flexible packaging during converting through laser marking technology, removing the need for standard decorative printing and printing plates.
Mondi said this makes it easier to customise packs, update artwork quickly and adjust designs in response to shifts in market demand and consumer preferences.
The format can be used across different flexible packaging types, including reels, pre-made pouches such as the re/cycle StripPouch, and larger pre-made bags.
#packaging #flexible #made
1 month 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.
Performance was driven by disciplined cost management and a simplified go-to-market strategy, resulting in expanded gross and adjusted EBITDA margins despite revenue pressure.
Management attributed broadband subscriber losses to intense competitive pressure, particularly from fiber overbuilders and fixed wireless providers in the West footprint.
The company is pivoting toward a convergence-led strategy, leveraging a new multiyear agreement with T-Mobile to expand its mobile addressable market into wearables and connected devices.
Operational efficiency improved significantly through the deployment of AI-powered tools like Google CES and Gemini, which contributed to a 20% year-over-year decline in truck rolls and service calls.
#market #tell
Performance was driven by disciplined cost management and a simplified go-to-market strategy, resulting in expanded gross and adjusted EBITDA margins despite revenue pressure.
Management attributed broadband subscriber losses to intense competitive pressure, particularly from fiber overbuilders and fixed wireless providers in the West footprint.
The company is pivoting toward a convergence-led strategy, leveraging a new multiyear agreement with T-Mobile to expand its mobile addressable market into wearables and connected devices.
Operational efficiency improved significantly through the deployment of AI-powered tools like Google CES and Gemini, which contributed to a 20% year-over-year decline in truck rolls and service calls.
#market #tell
1 month ago
Anthropic has signed a $10 billion, six-year deal for computing capacity with Volta Infra Holdings, a cloud infrastructure startup backed by Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), according to media reports citing people familiar with the matter, as the Claude maker moves to secure additional computing resources amid growing demand for its AI products.
Volta announced earlier Tuesday that it had secured a six-year, $10 billion agreement with an unnamed artificial intelligence company. The deal will be delivered in partnership with Bitdeer Technologies Group, a bitcoin miner that operates data centers, using a site in Norway.
The managed data center is expected to feature Nvidia's next-generation Vera Rubin AI chips, according to details of the agreement. Volta was recently valued at $2.4 billion following a $300 million funding round.
Volta CEO Ricard Boada declined to identify the customer. Representatives for Anthropic and Bitdeer declined to comment.
The agreement adds to Anthropic's efforts to expand its computing capacity as businesses and consumers increasingly use its Claude chatbot and other AI tools, particularly for coding and related tasks.
#claude
Volta announced earlier Tuesday that it had secured a six-year, $10 billion agreement with an unnamed artificial intelligence company. The deal will be delivered in partnership with Bitdeer Technologies Group, a bitcoin miner that operates data centers, using a site in Norway.
The managed data center is expected to feature Nvidia's next-generation Vera Rubin AI chips, according to details of the agreement. Volta was recently valued at $2.4 billion following a $300 million funding round.
Volta CEO Ricard Boada declined to identify the customer. Representatives for Anthropic and Bitdeer declined to comment.
The agreement adds to Anthropic's efforts to expand its computing capacity as businesses and consumers increasingly use its Claude chatbot and other AI tools, particularly for coding and related tasks.
#claude
2 months ago
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We've all heard the saying: If you wouldn't want it splashed across the front page of tomorrow's newspaper (or The Daily Upside newsletter), it's probably best not to say it at all.
The same rule applies when it comes to sharing sensitive estate planning information with general-purpose AI chatbots. It may seem like a harmless exercise to run one's trust-funding strategy or family business succession plans past the likes of Claude or ChatGPT, but doing so can actually subject that information to future discovery if the plan is challenged in court, according to a team of specialist attorneys at ArentFox Schiff. So advisors and their clients should utilize extreme caution when utilizing public generative AI tools as part of the estate planning process, especially in situations where a lot of wealth is at stake or a future estate dispute seems likely.
"It's fraught with risk when we recklessly invite AI into the attorney-advisor-client relationship," said Sarah Kerr Severson, a partner on ArentFox Schiff's private wealth and tax planning team. "There's no attorney-client privilege there. Courts have already confirmed that."
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#Planning
We've all heard the saying: If you wouldn't want it splashed across the front page of tomorrow's newspaper (or The Daily Upside newsletter), it's probably best not to say it at all.
The same rule applies when it comes to sharing sensitive estate planning information with general-purpose AI chatbots. It may seem like a harmless exercise to run one's trust-funding strategy or family business succession plans past the likes of Claude or ChatGPT, but doing so can actually subject that information to future discovery if the plan is challenged in court, according to a team of specialist attorneys at ArentFox Schiff. So advisors and their clients should utilize extreme caution when utilizing public generative AI tools as part of the estate planning process, especially in situations where a lot of wealth is at stake or a future estate dispute seems likely.
"It's fraught with risk when we recklessly invite AI into the attorney-advisor-client relationship," said Sarah Kerr Severson, a partner on ArentFox Schiff's private wealth and tax planning team. "There's no attorney-client privilege there. Courts have already confirmed that."
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#Planning
