While the Nasdaq composite slides below its 50-day moving average and the S&P 500 remains below that benchmark, Raymond James Financial (RJF) has popped onto the Investor's Business Daily Breakout Stocks Index. The financial services and ******* et management firm joins nine other companies in the broad banking and financial sectors.
Bank Of America (BAC), Goldman Sachs (GS), U.S. Bancorp (USB), UBS (UBS) and Bank Of New York Mellon (BNY) also made the list. In a sign of where the big Wall Street money is flowing, 10 out of the 25 names on the latest weekly update of the IBD Breakout Stocks Index hail from the banking and financial sectors.
An A+ Accumulation/Distribution Rating clearly shows institutional demand for shares of Raymond James. The score shows heavy buying of the stock by mutual funds and other large players over the last 13 weeks.
After posting single-digit top- and bottom-line growth in 2025, a projected return to double-digit earnings and sales growth this year and next provides one catalyst.
In the second quarter, Raymond James generated a 16% rise in revenue to $3.288 billion. Earnings spiked 44% to $3.14 per share. For the full year, Wall Street forecasts 12% sales growth to $15.7 billion and a 14% jump in earnings to $12.15 a share.

#james #earnings #breakout #stocks

Corn futures are trading with contracts down 13 to 15 cents across most front months, pressured by an improving weather forecast and $6.63 losses in the crude oil. The CmdtyView national average Cash Corn price is down 13 ¾ cents at $4.20 1/4.
USDA's FGIS tallied corn export shipments at 1.488 MMT (58.58 mbu) during the week ending on July 23. That was 7.74% below week prior and 2.88% below the same week last year. Mexico was the top destination of 454,201 MT, with 252,204 MT headed to ******* an and 236,112 MT to Colombia. Marketing year exports for 2025/26 are 75.324 MMT (2.965 bbu), which is now 24.81% above the same period last year.
What Do Monday Morning's Markets Bring to Mind?
Everyone Loves November Soybeans Right Now. History Doesn't!
Abundant Supplies Slam Cocoa Prices

#corn

The AI memory supercycle has emerged as one of 2026's most defining stories, and also one of its most contested. Hyperscaler capital expenditure is expected to reach $750 billion this year, with Goldman Sachs forecasting $7.6 trillion in total AI infrastructure spending through 2031, resulting in a supply shortage of NAND and DRAM memory as data center demand for high-performance storage clashes against the chipmakers' capacity limitations.
That scarcity has been aggravated by reports that TSMC may boost contract chip manufacturing prices by up to 10% in 2027, with some products facing increases of up to 20%, owing to increased materials, equipment, and overseas facility development expenses.
Sandisk Corporation (NASDAQ:SNDK) is one of the names that have benefited the most from the supercycle. Since its February 2025 spinoff from Western Digital at $35.06 per share, Sandisk Corporation (NASDAQ:SNDK) has become the single best-performing stock in the S&P 500, climbing up to 858% at its late-June peak on the back of explosive fundamentals: fiscal Q3 2026 revenue reached $5.95 billion, up 97% sequentially and 251% year-over-year, with datacenter revenue specifically up 645% year-over-year.
Management anticipates continued sequential acceleration in the fourth quarter of fiscal 2026, with total revenue expected to range between $7.75 billion and $8.25 billion and non-GAAP earnings per share between $30 and $33, as gross margins increase to near 80%. More crucially, Sandisk Corporation (NASDAQ:SNDK) reported that its remaining performance obligations and contracted backlog came in between $41.6 billion and $42 billion. Sandisk's entire 2026 enterprise AI storage capacity is sold out under long-term agreements, thus locking in multibillion-dollar cash flows for the rest of the calendar year.
Despite its strong operational reports, Sandisk Corporation (NASDAQ:SNDK) has not been immune to macroeconomic turbulence. In mid-July, shares fell 8% to 15% across a number of sessions, contributing to a 39% slide from late-June record highs, as the Philadelphia Semiconductor Index fell more than 20%. According to market ****** ysts, this pullback is the result of an industry-wide valuation adjustment rather than a structural decline in memory demand or corporate earnings power.

#sandisk #corporation #june

One name in fantasy football that isn't being talked about much is Carolina Panthers WR Jalen ****** er. That's mainly because of the team surrounding ****** er, but might Carolina be an offense on the rise? The Panthers have a decent young group headlined by QB Bryce Young and WR Tetairoa McMillan. As ****** er enters Year 3 in the NFL, it may be time for a breakout campaign.
Join or create a Yahoo Fantasy Football league for the 2026 NFL season
Here to discuss ****** er's outlook for the 2026 season are new Yahoo ****** ysts Josh Norris and Hayden Winks, celebrating their inaugural show for Yahoo Fantasy. The pair were joined by Yahoo Fantasy Forecast host Matt Harmon to get things started. You can look forward to more content all season long from Josh and Hayden, from the lead up to your draft through the regular season and offseason. Check out their YouTube channel here.
Harmon thinks ****** er is a great receiver and it's just taken him a bit longer to adjust to the NFL game coming from Holy Cross at the collegiate level. Harmon compares ****** er's body type to that of Chris Godwin Jr. or Jakobi Meyers. Two receivers we've seen have fantasy football success in the past five years.
Coker has only made it to 11 games in each of his two NFL seasons. Health has been an issue but he's made strides to get his body right. Last season, ****** er had 33 catches for 394 yards and three scores. While the regular season was uninspiring from a fantasy standpoint, the ****** ysts point out the playoff game vs. the Rams. ****** er had a 9-134-1 line on 12 targets against Los Angeles in the Panthers' near upset win.

#fantasy

The Green Bay Packers will open the 2026 training camp under sunny skies at 9 a.m. July 29 with the iconic bike rides from Lambeau Field to Ray Nitschke Field.
It is a tradition for Packers players and some coaches to ride kids' bikes from the stadium to the practice field. Kids can line up with their bikes near the Oneida Nation gate on the east side of the stadium and should arrive early. The Packers and American Family Insurance also will provide five Dream Bikes, basically bicycles with sidecars. Kids chosen for the Dream Bike experience will receive a bike helmet autographed by the player who rides with them.
The National Weather Service Green Bay forecast is for sunshine with a high of 84. Umbrellas are not allowed in the stands, so fans are advised to have hats, sunscreen and water.
Training camp practices are free and parking is available in the Lambeau Field parking lot. It's a three-minute walk from the parking lot to the practice field.
Twelve of this year's 13 free public practices will be at Ray Nitschke Field, on the east side of the Don Hutson Center. All public training camp practices start at 10:30 a.m., but the time is subject to change and weather conditions. The 13th practice, Family Night, is at Lambeau Field and requires tickets.

#kids

Spring, Texas-based Hewlett Packard Enterprise Company (HPE) delivers solutions that allow customers to capture, ****** yze, and act upon data seamlessly. Valued at $63.2 billion by market cap, the company provides servers, advanced storage products, high-performance computing, AI-driven platforms, and more. The global technology leader is expected to announce its fiscal third-quarter earnings for 2026 in the near term.
Ahead of the event, ****** ysts expect Hewlett Packard Enterprise to report a profit of $0.80 per share on a diluted basis, up 128.6% from $0.35 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
Dear ****** eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#Share #spring

U.S. stock futures moved higher on Monday as investors welcomed signs of a pause in hostilities between the United States and Iran, helping to ease pressure on energy markets ahead of a crucial week for corporate earnings and central bank decisions.
By 05:49 GMT, Dow Jones futures had gained 398 points, or 0.8%, while S&P 500 futures were up 66 points, or 0.9%. Nasdaq 100 futures led the advance, climbing 406 points, or 1.4%.
Wall Street ended last week on a mixed note as rising oil prices and geopolitical uncertainty weighed on investor sentiment. However, indications that the White House is seeking to avoid a broader military escalation have improved market confidence, pushing oil prices lower while supporting both equities and bond markets.
Investors are now turning their attention to one of the busiest weeks of the earnings season, with around one-third of S&P 500 companies scheduled to publish quarterly results. Overall earnings are forecast to increase by approximately 26.5% compared with the same period last year.
Several of the world's largest technology companies are due to report this week, including Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL). Their results are expected to provide fresh insight into whether the rapid pace of investment in artificial intelligence infrastructure can continue, as markets increasingly debate the long-term profitability of AI-related spending.

#points #investors #prices

Millions across the Midwest and parts of the South are set to face another day of dangerously high temperatures while other parts of the country brace for the next round of severe storms. Meanwhile, wildfires in Europe force thousands to flee their homes. NBC's Maggie Vespa reports and TODAY's Al Roker tracks the forecast.

#maggie #roker

New vehicle sales in Thailand expanded by 17% to 58,724 units in June 2026, up from 50,079 units a year earlier, according to the latest data released by the Federation of Thai Industries (FTI). The market was driven higher by continued strong demand for passenger battery electric vehicles (BEVs), sales of which surged by 140% year-on-year to 22,275 units last month, while sales of internal combustion engine (ICE) passenger vehicles declined by 34% to 8,114 units.
The Thai domestic vehicle market continued to recover last month, supported by a pick-up in economic activity in the country in recent months. The latest government data show that GDP growth accelerated to 2.8% year-on-year in the first quarter of 2026, up from 2.5% in the fourth quarter of 2025, helped by a sharp rise in government spending and stronger private investment growth, while private consumption growth eased slightly.
In the first six months of 2026, Thailand's domestic vehicle market expanded by almost 15% to 346,966 units, from 302,694 units a year earlier. Sales of pickup trucks fell by 4% to 71,271 units in this period, while sales of light passenger vehicles increased by 22% to 261,319 units, driven mainly by a 93% surge in mostly Chinese battery electric vehicle (BEV) sales to 104,418 units and a 21% increase in hybrid electric vehicle sales to 81,502 units, while sales of internal combustion engine (ICE) passenger vehicles fell by 25% to 54,506 units.
Vehicle production in the country fell by 1% to 717,212 vehicles year-to-date, reflecting an 8% drop in exports to 421,144 units, with shipments to markets in the Middle East disrupted by the US-Iran conflict.
The FTI said it expects vehicle production in the country to reach 1.45 million units in 2026, including 550,000 for sale domestically and 900,000 for export. GlobalData is forecasting light vehicle sales to rise by 5% to 647,000 units this year, after growing by 9% to 618,000 units in 2025, followed by a 5% rise to 679,000 units in 2027.

#passenger

Northrop Grumman Corporation (NYSE:NOC) beat quarterly expectations, secured $20 billion in net awards, reported record backlog, and raised its 2026 sales and MTM-adjusted earnings forecasts. Yet the shares closed 2.23% lower at $512.29 on July 21.
The contradiction becomes clearer when the quality of the earnings beat is separated from the size of the order book. ***** ysts said a substantially lower tax rate drove much of the upside, while operating income declined in two of Northrop's four segments. The company also left its segment operating-income and adjusted free-cash-flow forecasts unchanged.
JPMorgan ***** yst Seth Seifman pointed to the market's "tendency to punish execution challenges." That appears to capture the reaction. Investors did not question whether Northrop can win more work. They questioned how much profit it can retain while delivering that work and expanding production.
Are the latest program charges temporary costs of meeting surging defense demand, or evidence that Northrop's backlog is growing faster than its ability to execute profitably?
The bull case is that Northrop's execution problems remain concentrated in a few programs, while the broader demand environment is becoming stronger.

#adjusted #forecasts #much

By Sanskriti Shekhar
July 28 (Reuters) - Royal Caribbean raised its annual profit forecast on Tuesday after beating quarterly estimates, sending its shares up 5%, ‌even as it factored in a modest hit to bookings due ‌to the travel disruptions caused by the Middle East conflict.
Geopolitical uncertainty linked to the U.S.-Iran conflict has made some travelers wary of booking cruises, hurting demand for certain itineraries and adding to fuel-cost pressures for operators.
Royal Caribbean said bookings for some sailings, including Mediterranean itineraries, have been modestly hit, primarily in the third quarter.
"When ‌you include a cruise plus ⁠the airfare (to get to the ports), it's a little bit more costly (for American consumers)," CEO Jason Liberty said, adding travelers ⁠are either putting off their trips to next year or opting for the Caribbean instead of Europe.

#caribbean #bookings #july

The physical infrastructure enabling artificial intelligence requires considerably more than just high-performance accelerators and primary grid connections. It also relies on millions of high-density connectors, backplane interconnects, and power-filtering devices to connect rack-level structures, areas where TE Connectivity plc (NYSE:TEL) holds a significant bottleneck position. As hyperscalers and enterprise data center operators ramp up capital expenditure deployment around the world, demand for critical electrical connector systems has transformed from a passive secondary tailwind to a direct beneficiary of the AI growth cycle.
The company's fiscal third-quarter 2026 report showed this demand in real time, with record top-line performance, order velocity, and profitability. Despite exceeding Wall Street expectations in every fundamental indicator, shares fell roughly 7% following the release, indicating the market's focus on sequential forecast trends over historical trailing figures.
Operational execution in the third quarter set new highs across numerous business areas. Net revenue increased 14% year-over-year to $5.16 billion, above Wall Street expectations by more than 3%. Adjusted earnings per share rose 22% year-over-year to $2.94, exceeding the average estimate of $2.85. The report's defining metric was order flow, which increased 27% year-over-year to a record $5.7 billion, reflecting over $1 billion in incremental booking expansion vs. the prior year period. Meanwhile, profitability increased significantly, with adjusted operating margins improving 90 basis points to 22% and quarterly free cash flow totaling $883 million.
The underlying sector distribution highlights where AI momentum is growing the fastest. Industrial Solutions revenue increased 22% year-over-year to $2.58 billion, driven mainly by data center rack deployments and energy infrastructure growth. Chief Executive Officer Terrence Curtin stated that AI cloud momentum is far above initial multi-year predictions, with data center connection and power distribution orders rising more than 70% year-to-date.
Moreover, to back up its power-handling portfolio, TE Connectivity plc (NYSE:TEL) signed a $1.4 billion formal agreement to acquire Astrodyne TDI. The acquisition includes specialized power management and electromagnetic filtering solutions for critical industrial, semiconductor, and defense applications, providing approximately $250 million in annual revenue to the Industrial Solutions segment once completed.

#year #solutions #revenue

RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons.
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.

#sales #adjusted #forecast #increase

Enterprise AI agents were meant to be the breakout software offering for 2026, yet instead they've become one of the major sources of buyer distrust. According to Anaconda and Forrester research, over 88% of AI agent pilots never reach production, as confirmed by independent polls from a16z and MIT Sloan's CIO panel, while Gartner predicts that more than 40% of agentic AI initiatives will be discontinued entirely by 2027 due to questionable ROI.
Salesforce Inc. (NYSE:CRM) walked into the gap between agent hype and agent reality when it placed its growth narrative on Agentforce, and by 2026, that bet has made Salesforce Inc. (NYSE:CRM) one of the worst-performing components of the Dow Jones Industrial Average, down around 31.48% year to date.
The immediate cause appears to be a credibility problem, not a demand issue. Bernstein downgraded Salesforce Inc. (NYSE:CRM) to Sector Weight from Outperform on July 9, removing its price target completely and citing poor customer feedback on Agentforce in particular. According to **** yst Jackson Ader, the released data doesn't yet indicate growing momentum, and a recent CIO survey found Salesforce Inc. (NYSE:CRM) to be "a standout for the wrong reasons."
That said, this interpretation is not uniform, and the debate on the market is serious. On July 14, Goldman Sachs reiterated its Buy rating and $242 price target, expecting organic growth to pick up in the third quarter as more details on AI monetization become available at Salesforce's Agentforce event in September. Goldman's more constructive reading is based on management's own acknowledgment of headwinds in Tableau, Commerce, and Marketing, which the firm sees as realistic rather than concerning, arguing that Salesforce Inc. (NYSE:CRM) is being open about a 12-to-24-month drag on its organic growth algorithm rather than covering it up.
Salesforce Inc. (NYSE:CRM)'s historical valuation decline looks to be the most mispriced aspect of the market story. Shares are currently trading at a compressed forward earnings multiple of only 10.83x, a substantial drop from the stock's five-year historical average of over 127x. The disparity is even more obvious when compared to prominent peers such as ServiceNow, which trades at a forward P/E of around 20.43x and requires consistent revenue growth above 18% through 2028 to maintain its valuation premium. Salesforce's current valuation of less than 11x forecast earnings is in near-total deadlock, despite the company's strong free cash flow generation and substantial enterprise data integration.

#valuation #july

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.
19th-century Parisian Opera crowds were so notoriously hard to please that companies hired paid sycophants, known as claqueurs, to clap, hoot and holler. AI hyperscalers might want to revive the tradition.
Last week, Alphabet reported the biggest quarterly profit in its history, with the $112.1 billion take almost quadrupling what it made a year earlier. The company's shares fell more than 7%: Investors, racked by anxiety over the company's massive capital expenditure plans, paid more mind to the Google parent hiking its 2026 spending forecast by $15 billion. Tough crowd. This week, Microsoft, Meta and Amazon get their turns.
Sign up for The Daily Upside at no cost for premium ***** ysis on all your favorite stocks.
READ ALSO: YouTube's Peacock Partnership is a Streaming Bundle Breakthrough and China's Making Memory with its New Biggest Company

#week #billion #parisian

American Airlines Group (AAL) shares tumbled after the carrier warned that surging jet fuel prices are eroding profitability, overshadowing an otherwise stronger-than-expected second-quarter earnings report. While the airline delivered record quarterly revenue and topped Wall Street's earnings estimates, investors focused on sharply higher fuel expenses and a weaker full-year outlook, raising fresh concerns about margin pressure and the stock's near-term trajectory.
Fuel costs have emerged as the key challenge. American said second-quarter fuel expense jumped by more than $2.2 billion, or 83% year-over-year (YOY), although higher ticket prices offset nearly half of that increase. Management expects fuel costs to remain elevated in the third quarter and now forecasts full-year adjusted earnings ranging from a loss of $0.65 per share to a profit of $0.65, a significant reduction from its previous outlook.
Dear ******* eX Stock Fans, Mark Your Calendars for August 6
Amazon Stock Just Hit a Major Hurdle Ahead of Earnings
Elon Musk Just Revealed a Quiet Win for Tesla's AI Ambitions

#fuel #Stock #prices #full

Earnings season kicked into warp overdrive this past week. And it won't be any easier to navigate the market next week, with results from the likes of Amazon (AMZN), Meta (META), and Microsoft (MSFT).
Here are a few observations about last week's stock moves from Yahoo Finance AlphaSpace that may get your mind right heading into another frenzied week for investing.
So much for the many positives on the AI front from Alphabet's (GOOG, GOOGL) second quarter earnings report.
The market couldn't have cared less.
Alphabet's second quarter capital expenditures came in at $44.9 billion, slightly above Wall Street forecasts of $44.7 billion. Full-year capex guidance was raised to $195 billion to $205 billion from $180 billion to $190 billion, with a "significant" increase seen for 2027, executives said on the earnings call.

#market #second #quarter #Microsoft

As many Americans struggle to make ends meet, Federal Reserve Chair Kevin Warsh has pledged to bring inflation back to its 2% target, but it remains unclear exactly how he plans to get there as the central bank heads into its July meeting.
The Fed often finds itself at a crossroads, balancing its dual mandate of maximum employment and stable prices. It has two main tools it uses to address both – its balance sheet and the federal funds rate, a benchmark for interest rates. The Fed typically raises its target range for the rate to tame inflation and lowers it to stimulate the job market.
After three months of accelerating inflation, it slowed in June, though some forecasters expect it may tick back up amid renewed U.S.-Iran hostilities. And after three months of positive job growth, U.S. employer hiring fell in June — leaving the Fed to sort out whether these recent swings are just noise or the start of new trends.
The Fed may also be at a crossroads when it comes to delivering on Warsh's promise of price stability for U.S. consumers. Many Americans don't want higher interest rates on their credit cards and personal loans, but they also don't want prices to keep rising. Raising the Fed's benchmark interest rate could help cool inflation, but it would also make borrowing more expensive.
Dean Lyulkin, CEO of Cardiff, a small-business loan company, said Warsh's refusal to provide forward guidance has made the outcome of the July meeting difficult to predict.

#rate

Following Advanced Micro Devices Inc.'s (NASDAQ:AMD) Advancing AI 2026 event in San Francisco, top technology ****** ysts are issuing aggressive price targets and bullish forecasts for the chipmaker.
Futurum Equities reiterated its Buy rating and raised its price target to $800—representing nearly 48% upside—declaring "AMD is one of our top convictions." At the same time, Moor Insights & Strategy chief ****** yst Patrick Moorhead highlighted projections indicating the server CPU market will surge past $200 billion by 2030.
Daniel Newman of Futurum Equities cited AMD's rapidly expanding hardware ecosystem and customer momentum following major keynote announcements. Key among them is a strategic 2-gigawatt deployment deal with Anthropic, bringing AMD's total committed accelerator deployments to 14 gigawatts.
Futurum models $38 billion in GPU revenue next year, accelerated by 6th Gen EPYC "Venice" CPUs and AMD Helios rackscale solutions, which deliver up to 30% more tokens per dollar than competitors. Newman noted AMD is well-positioned across an accelerator total addressable market reaching $1.4 trillion by 2030.
$AMD Futurum Equities reiterates Buy and ups PT to $800.

Top 5 takes from today's event by rolfbulk pic.twitter.com/GgpY2nzqtB

#futurum #newman #price #billion

BENGALURU, July 24 (Reuters) - India's private sector growth skidded to its weakest in over four years in July as a sharp ‌slowdown in services constrained overall expansion even though rising export ‌orders and hiring offered limited support, a survey showed.
• HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 54.3 in July from June's 57.1, confounding a Reuters poll median forecast for a jump to 57.7. However the index remained above the 50-mark separating growth from contraction.
• Export ‌orders offered a brighter spot ⁠with international sales growing at the fastest pace since March.
• Among sectors, services was the biggest lag. The ⁠business activity index fell to 53.1 from June's 57.4 - its weakest reading since February 2022 - weighed by challenging market conditions, order cancellations and reduced client enquiries.
• Manufacturing was steadier but not strong enough to change the broader trend. ‌The factory activity index eased to a four-month low of 53.9 from 54.2. Output and new orders continued to expand at a stronger pace helped by robust demand from overseas markets.

#orders #reuters #Services

While Tropical Storm Bertha continues to spin in the Gulf, Hurricane Fausto is churning up rough seas in the Pacific, and could impact Hawaii next week, forecasters said.
Although the center of the 80-mph hurricane is more than 1,000 miles from the U.S. West Coast, according to the National Hurricane Center, "swells generated by Fausto are affecting portions of the west coast of the Baja California Peninsula and the coast of southern California."
"These swells are likely to cause life-threatening surf and rip current conditions," the hurricane center said.
The National Weather Service office in San Diego warned of "elevated surf" and "strong currents" for beachgoers there from Thursday through Sunday.
Next week, the weather across Hawaii "will depend on the eventual track and intensity of Tropical Cyclone Fausto," the weather service office in Honolulu said.

#fausto #hawaii #national

Key takeaway: The Columbus, Ohio, company completed the Cadence system conversion in late June, which should serve as a springboard to higher growth in the third and fourth quarters, executives said.
Supporting data: The conversion gives Huntington much more control over and insight into more than 1.4 million deposit accounts acquired from Cadence.
Expert quote: "This was the largest conversion we've ever done. It was the fastest we've ever done, and it was the best we've done, at least in my tenure." — Huntington Chairman and CEO Steve Steinour
While higher funding costs left their mark on Huntington Bancshares' second-quarter results, the Columbus, Ohio-based company is forecasting a strong finish to 2026 now that its most recent merger-related conversion is complete.
Business should pick up in the third quarter before peaking during the final three months of 2026, Chief Financial Officer Zach Wasserman said Thursday on a conference call with **** ysts.

#conversion #huntington #we 've

July 23 (Reuters) - Digital Realty Trust raised its full-year forecast for funds from operations on Thursday, betting on resilient leasing ‌momentum from cloud and AI customers to drive growth, sending ‌its shares up 3% in extended trading.
Austin, Texas-based Digital Realty is a real estate investment trust (REIT) that provides data center, colocation and interconnection solutions.
The company leases managed data centers to clients across industries ranging from cloud and information technology to social networking, communications, and manufacturing, and has been a ‌major beneficiary of the ⁠race to adopt generative AI, which requires vast amounts of computing power housed in specialized facilities.
Here are some ⁠more details:
• Digital Realty now expects fiscal 2026 adjusted funds from operations, a key cash flow metric for REITs, in the range of $8.15 to $8.20 per share, compared with its earlier projection of $8 to $8.10 per share.

#cloud #july

The S&P 500 Index ($SPX) (SPY) on Thursday fell -1.49%, the Dow Jones Industrial Average ($DOWI) (DIA) fell -1.11%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell -2.26%. September E-mini S&P futures (ESU26) fell -1.50%, and September E-mini Nasdaq futures (NQU26) fell -2.23%.
Stock indexes fell sharply amid a double whammy of soaring oil prices and a decline of -7% in Alphabet following its earnings report released after Wednesday's close. Alphabet raised its capital spending forecast for this year to $205 billion from $190 billion, spending more than double its 2025 capital spending and raising concern that the company will struggle to earn a sufficient return on its outsized AI investment. Tesla fell by an even larger -14% after its earnings report late Wednesday, which also showed a surge in capital spending and raised questions about Elon Musk's intention to refocus Tesla on AI and robots.
Dear ****** eX Stock Fans, Mark Your Calendars for July 23
Microsoft Earnings Preview: Get Ready for Soaring AI Spending to Sink MSFT Stock
Why Nvidia (NVDA) Stock Faces Sell-the-News Risk Following Its Q2 Earnings Report

#report #NASDAQ #september

European chipmaker STMicroelectronics (STM) early Thursday beat ***** yst estimates for the second quarter but disappointed with its Q3 sales guidance. STM stock fell on the news.
The Geneva, Switzerland-based company earned an adjusted 31 cents a share on sales of $3.49 billion in the June quarter. ***** ysts polled by FactSet had expected earnings of 27 cents a share on sales of $3.46 billion. On a year-over-year basis, STMicro earnings jumped 417% while sales increased 26%.
For the current quarter, it forecast revenue of $3.7 billion, missing views for $3.79 billion. In last year's Q3, it posted sales of $3.19 billion. Its outlook translates to year-over-year sales growth of 16%.
However, it predicted Q4 revenue will be "above $4 billion," vs. estimates for $4 billion. In last year's Q4, it generated sales of $3.33 billion.
On the stock market today, STM stock plunged 18.7% to close at 53.49.

#Stock #estimates

Alphabet shares tumbled Thursday after the tech giant told investors it could spend more than it previously anticipated to fuel its AI ambitions.
The news overshadowed quarterly sales and profits that topped ***** ysts' estimates.
Google parent Alphabet's stock is taking a hit on growing worries about its AI spending.
Shares of Alphabet (GOOGL) were down 7% in recent trading despite quarterly earnings that topped ***** ysts' expectations, after the tech giant warned it could end up spending more than it previously anticipated to fuel its AI ambitions. It led the Dow Jones Industrial Average lower, and was among the worst-performing stocks in the S&P 500 and Nasdaq on a down day for the major indexes.
Alphabet said it now sees capital expenditures of between $195 billion and $205 billion this year, up from an earlier forecast of $180 billion to $190 billion, marking the second time the tech giant has raised its 2026 forecast. CFO Anat Ashkenazi told investors during the company's earnings call that expenditures could also "increase significantly" in 2027, per a transcript provided by AlphaSense.

#billion #previously #fuel

The S&P 500 Index ($SPX) (SPY) today is down -1.34%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.06%. September E-mini S&P futures (ESU26) are down -1.43%, and September E-mini Nasdaq futures (NQU26) are down -2.25%.
Stock indexes are trading sharply lower today amid a double whammy of higher oil prices and a decline of more than -7% in Alphabet following its earnings report after Wednesday's close. Alphabet raised its capital spending forecast for this year to $205 billion from $190 billion, spending more than double its 2025 capital spending and raising concern that the company will struggle to earn a sufficient return on its outsized AI investment. Tesla is down more than -13% today after its earnings report late Wednesday also showed a surge in capital spending.
Dear **** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to **** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback

#down #index #alphabet

Oklo (OKLO), a clean energy technology firm headquartered in Santa Clara, California, was launched in 2013 by CEO Jacob DeWitte and co-founder Caroline Cochran. The firm designs and builds Aurora fast fission powerhouses, compact, modular nuclear reactors capable of generating 15 to 75 megawatts of electricity, while operating an integrated platform for nuclear fuel recycling and production.
Oklo's commercial model covers three main pillars: power generation, nuclear fuel services, and medical and industrial radioisotopes produced via its Groves reactor initiative. Backed by a contracted customer pipeline of over 14 GW across AI data centers, defense, industrial, and government clients, and $2.5 billion in cash secured through a successful $1.2 billion ATM offering, Oklo is positioning itself as a core advanced fission provider for the AI infrastructure market.
Costco Officially Launched Standalone Gas Stations. Don't Count on This Fueling Another Leg Higher in COST Stock.
Hot US Weather Forecasts Boost Nat-Gas Prices
Escalating Global Supply Risks Underpin Crude Oil Prices

#nuclear #prices #launched #billion

Tesla shares tumbled on Thursday after the EV maker reported lower-than-expected quarterly profit despite revenue exceeding estimates.
The company burned through more than $1 billion in cash as it upped investments in Robotaxi, Optimus and semiconductor manufacturing.
Tesla (TSLA) shares plummeted Thursday after the electric vehicle maker's quarterly earnings missed estimates as infrastructure spending ballooned.
The stock fell nearly 15% to around $320, leading S&P 500 decliners and trading at its lowest level in nearly a year. Tesla stock has now lost 29% of its value since the start of 2026, making it the worst performer among the Magnificent Seven.
Tesla on Wednesday afternoon reported second-quarter profit of 33 cents a share, an 18% decrease from last year's quarter and well short of the 55 cents Wall Street had forecast. Revenue increased 26% to $28.2 billion, surpassing expectations. The company's gross margins contracted by more than 2 percentage points to 16.9% as regulatory credit revenue declined and the average selling price of its cars fell.

#profit

The S&P 500 Index ($SPX) (SPY) today is down -0.80%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.20%. September E-mini S&P futures (ESU26) are down -0.77%, and September E-mini Nasdaq futures (NQU26) are down -1.10%.
Stock indexes are trading lower today amid a double whammy of higher oil prices and a decline of more than -5% in Alphabet following its earnings report after Wednesday's close. Alphabet raised its capital spending forecast for this year to $205 billion from $190 billion, spending more than double its 2025 capital spending and raising concern that the company will struggle to earn a sufficient return on its outsized AI investment. Tesla is down more than -10% today after its earnings report late Wednesday also showed a surge in capital spending.
Dear ***** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to ***** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback

#earnings #today