59 mins. 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 significantly bolstered by $15.3 million in tariff refunds following a U.S. Supreme Court ruling that invalidated previous IEEPA levies.
Wholesale growth of 7% was driven by momentum in the Florsheim brand, which successfully expanded into hybrid and casual footwear categories.
Management attributed the Stacy Adams recovery to strong retail sell-through of traditional dress shoes, now being leveraged to pivot into casual lifestyle products.
Nunn Bush faced headwinds in the opening price point segment, prompting a strategy to differentiate through superior materials and comfort technology against lower-priced private labels.
#ieepa #wholesale
Performance was significantly bolstered by $15.3 million in tariff refunds following a U.S. Supreme Court ruling that invalidated previous IEEPA levies.
Wholesale growth of 7% was driven by momentum in the Florsheim brand, which successfully expanded into hybrid and casual footwear categories.
Management attributed the Stacy Adams recovery to strong retail sell-through of traditional dress shoes, now being leveraged to pivot into casual lifestyle products.
Nunn Bush faced headwinds in the opening price point segment, prompting a strategy to differentiate through superior materials and comfort technology against lower-priced private labels.
#ieepa #wholesale
1 day ago
The surprise: Wall Street expected Ford's Q2 2026 earnings to fall about 5% year over year. Ford instead posted an increase. The stock jumped more than 6% after the report.
The quarter's story was Ford making more money on fewer sales. Wholesale volumes dropped 12% year over year, but revenue fell just 4%, because Ford sold a richer mix of high-margin trucks, off-roaders, and hybrids. Adjusted EBIT rose 17% year over year.
Ford raised full-year 2026 adjusted EBIT guidance, the second raise this year.
Bull case: The real reason to own Ford is Ford Pro, its commercial fleet business, and it's the strongest ******* et any legacy automaker has. Pro sells to construction firms, delivery companies, and contractors — customers who keep buying through inflation and fuel spikes because a plumber can't stop showing up to jobs. Those buyers are far steadier than the average consumer, who is pulling back right now. And Pro isn't just vans. It's an entire infrastructure of service centers, parts, and fleet software that builds a real moat. Fleet managers won't switch to unproven rivals without a big reason, so undercutting Pro means rebuilding that whole ecosystem. Even in a weak quarter dragged down by a plant fire, Pro posted a 9.7% EBIT margin, roughly double Ford Blue's 4.4%.
The second leg is the shift to higher-margin, recurring revenue. Ford Pro paid subscriptions hit 1.6 million in Q2 2026, up 50% year over year, and BlueCruise ******* isted-driving now makes up half of retail services revenue. Software margins beat metal by a wide gap, and if Ford hits its target of 8% margins on services by 2029, that flywheel starts to move the whole company.
#ebit #revenue #Margin
The quarter's story was Ford making more money on fewer sales. Wholesale volumes dropped 12% year over year, but revenue fell just 4%, because Ford sold a richer mix of high-margin trucks, off-roaders, and hybrids. Adjusted EBIT rose 17% year over year.
Ford raised full-year 2026 adjusted EBIT guidance, the second raise this year.
Bull case: The real reason to own Ford is Ford Pro, its commercial fleet business, and it's the strongest ******* et any legacy automaker has. Pro sells to construction firms, delivery companies, and contractors — customers who keep buying through inflation and fuel spikes because a plumber can't stop showing up to jobs. Those buyers are far steadier than the average consumer, who is pulling back right now. And Pro isn't just vans. It's an entire infrastructure of service centers, parts, and fleet software that builds a real moat. Fleet managers won't switch to unproven rivals without a big reason, so undercutting Pro means rebuilding that whole ecosystem. Even in a weak quarter dragged down by a plant fire, Pro posted a 9.7% EBIT margin, roughly double Ford Blue's 4.4%.
The second leg is the shift to higher-margin, recurring revenue. Ford Pro paid subscriptions hit 1.6 million in Q2 2026, up 50% year over year, and BlueCruise ******* isted-driving now makes up half of retail services revenue. Software margins beat metal by a wide gap, and if Ford hits its target of 8% margins on services by 2029, that flywheel starts to move the whole company.
#ebit #revenue #Margin
5 days ago
Barcelona have had two successive seasons of domestic dominance, winning five out of six possible trophies under Hansi Flick.
During the same period, their arch-rivals Real Madrid have not managed to win a single trophy, prompting them to make wholesale changes this summer.
Florentino Perez has brought back Jose Mourinho as their manager and opened the chequebook to reinforce the squad at his disposal.
The club have already wrapped up deals for Denzel Dumfries, Ibrahima Konate, Bernardo Silva, Marc Cucurella and Carlos Espi.
However, arguably their biggest transfer of this summer is yet to be announced, with Yan Diomande set to join them from RB Leipzig for a mammoth fee.
#real #perez #jose #mourinho
During the same period, their arch-rivals Real Madrid have not managed to win a single trophy, prompting them to make wholesale changes this summer.
Florentino Perez has brought back Jose Mourinho as their manager and opened the chequebook to reinforce the squad at his disposal.
The club have already wrapped up deals for Denzel Dumfries, Ibrahima Konate, Bernardo Silva, Marc Cucurella and Carlos Espi.
However, arguably their biggest transfer of this summer is yet to be announced, with Yan Diomande set to join them from RB Leipzig for a mammoth fee.
#real #perez #jose #mourinho
6 days ago
Despite pushback on FIFA's private investment plan, the organisation is already pushing for another drastic change to the World Cup in two weeks.
Soccer fans aren't being allowed to catch their breath after the 2026 World Cup, with FIFA trying to make wholesale changes to the competition.
Gianni Infantino and the organisation have come under fire for their plan to privatise the World Cup and other FIFA competitions. The soccer world is standing united against that proposal.
But while a lot of the attention remains on what happens there, it seems that football's largest governing body is trying to enact another massive change in terms of the World Cup.
Photo by Jordan Bank – FIFA/FIFA via Getty Images
#trying #infantino
Soccer fans aren't being allowed to catch their breath after the 2026 World Cup, with FIFA trying to make wholesale changes to the competition.
Gianni Infantino and the organisation have come under fire for their plan to privatise the World Cup and other FIFA competitions. The soccer world is standing united against that proposal.
But while a lot of the attention remains on what happens there, it seems that football's largest governing body is trying to enact another massive change in terms of the World Cup.
Photo by Jordan Bank – FIFA/FIFA via Getty Images
#trying #infantino
7 days ago
Juno Beach, Florida-based NextEra Energy, Inc. (NEE) generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company has a market cap of $185.2 billion and operates through Florida Power & Light Company (FPL) and NEER segments. NextEra generates electricity from wind, solar, nuclear, natural gas, and other clean energy ***** ets.
The electricity supplier's shares have rallied the broader market over the past year, growing 25.2% compared to the S&P 500 Index's ($SPX) 16.3% surge. Moreover, in 2026, the stock has risen nearly 11.2%, outperforming the SPX's 8.5% rise as well.
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#energy #company #Stock #electricity
The electricity supplier's shares have rallied the broader market over the past year, growing 25.2% compared to the S&P 500 Index's ($SPX) 16.3% surge. Moreover, in 2026, the stock has risen nearly 11.2%, outperforming the SPX's 8.5% rise as well.
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#energy #company #Stock #electricity
9 days ago
Kia Corporation announced a 2.3% rise in net profits to KRW 2,327.8 trillion (US$ 1.59 billion) for the second quarter of 2026, up from KRW 2,268.2 trillion a year earlier, with US import tariffs and higher sales incentives offset by record global vehicle deliveries. Operating profits fell by 4.9% to KRW 2,628.5 trillion.
The South Korean automaker reported a 12.6% increase in global sales revenues to a record KRW 33,037.0 trillion in the three-month period, while global wholesale deliveries rose by 4.5% to 851,639 vehicles – including 154,816 units in South Korea and 696,823 units overseas. The company was not affected by the component shortages that held back Hyundai Motor's second-quarter results.
Sales of electrified vehicles jumped 60% to 296,000 units, accounting for 35% of Kia's global sales, driven by strong hybrid-electric vehicle (HEV) sales in the US and higher battery electric vehicle (BEV) demand in South Korea and Europe. Total HEV retail sales rose by 61% to 178,000 units, helped by the launch of the new Telluride and Seltos models, with sales in the US surging by 152% to 66,000 units, while total BEV retail sales surged by 88% to 110,000 units.
Kia said it expects solid business results in the second half of 2026 to enable it to meet its full-year guidance, "supported by competitive new model offerings and sustained BEV and HEV demand." The company is targeting 3.35 million global vehicle sales in 2026, supported by the launch of new BEV models in Europe and a recovery in Middle Eastern demand.
In the US, Kia said that its plans to expand production capacity of the Telluride SUV, including hybrid variants, and the ramp up of deliveries of the Sportage hybrid produced at the Hyundai Motor Group Metaplant America (HMGMA) will help enhance profitability.
#units
The South Korean automaker reported a 12.6% increase in global sales revenues to a record KRW 33,037.0 trillion in the three-month period, while global wholesale deliveries rose by 4.5% to 851,639 vehicles – including 154,816 units in South Korea and 696,823 units overseas. The company was not affected by the component shortages that held back Hyundai Motor's second-quarter results.
Sales of electrified vehicles jumped 60% to 296,000 units, accounting for 35% of Kia's global sales, driven by strong hybrid-electric vehicle (HEV) sales in the US and higher battery electric vehicle (BEV) demand in South Korea and Europe. Total HEV retail sales rose by 61% to 178,000 units, helped by the launch of the new Telluride and Seltos models, with sales in the US surging by 152% to 66,000 units, while total BEV retail sales surged by 88% to 110,000 units.
Kia said it expects solid business results in the second half of 2026 to enable it to meet its full-year guidance, "supported by competitive new model offerings and sustained BEV and HEV demand." The company is targeting 3.35 million global vehicle sales in 2026, supported by the launch of new BEV models in Europe and a recovery in Middle Eastern demand.
In the US, Kia said that its plans to expand production capacity of the Telluride SUV, including hybrid variants, and the ramp up of deliveries of the Sportage hybrid produced at the Hyundai Motor Group Metaplant America (HMGMA) will help enhance profitability.
#units
13 days ago
New vehicle sales in the Philippines declined by a further 8% to 37,231 units in June 2026, down from 40,483 units in the same month last year, according to member wholesale data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and the Truck Manufacturers ***** ociation (TMA).
This was the sixth consecutive month of decline for the market, as economic growth in the country continued to slow. The latest government data show that GDP growth slowed to 2.8% year-on-year in the first quarter of 2026, down from 3.7% in the second half of 2025 and 4.4% for the whole of last year. Higher fuel prices resulting from the conflict in the Middle East have added to existing economic pressures, including the fallout from last year's infrastructure corruption scandal.
Despite a sharp drop in household consumption in the first quarter, the central bank has raised its benchmark interest rate by 50 basis points to 4.75% since April, reversing a two-year easing cycle from a peak of 6.5% in mid-2024, to help rein in surging inflation resulting from the recent fuel price hikes.
In the first six months of 2026, the Philippine vehicle market was down by over 11% to 204,557 units, from 230,912 units in the same period last year, with sales of passenger cars and commercial vehicles both falling by over 11% to 40,503 units and 164,054 units, respectively. Sales of electrified vehicles, including battery electric vehicles (BEVs) and hybrids, surged by 132% to 31,351 units in this period, however, as consumers prioritized fuel-efficient vehicles amid rising fuel prices.
The overall market leader, Toyota, reported a 9% sales decline to 100,909 units year-to-date, followed by Mitsubishi with 36,321 units (-17%); Suzuki 9,262 units (-14%); Ford 7,435 units (-32%); and Nissan 6,921 units (-42%).
#units #year #down #philippines
This was the sixth consecutive month of decline for the market, as economic growth in the country continued to slow. The latest government data show that GDP growth slowed to 2.8% year-on-year in the first quarter of 2026, down from 3.7% in the second half of 2025 and 4.4% for the whole of last year. Higher fuel prices resulting from the conflict in the Middle East have added to existing economic pressures, including the fallout from last year's infrastructure corruption scandal.
Despite a sharp drop in household consumption in the first quarter, the central bank has raised its benchmark interest rate by 50 basis points to 4.75% since April, reversing a two-year easing cycle from a peak of 6.5% in mid-2024, to help rein in surging inflation resulting from the recent fuel price hikes.
In the first six months of 2026, the Philippine vehicle market was down by over 11% to 204,557 units, from 230,912 units in the same period last year, with sales of passenger cars and commercial vehicles both falling by over 11% to 40,503 units and 164,054 units, respectively. Sales of electrified vehicles, including battery electric vehicles (BEVs) and hybrids, surged by 132% to 31,351 units in this period, however, as consumers prioritized fuel-efficient vehicles amid rising fuel prices.
The overall market leader, Toyota, reported a 9% sales decline to 100,909 units year-to-date, followed by Mitsubishi with 36,321 units (-17%); Suzuki 9,262 units (-14%); Ford 7,435 units (-32%); and Nissan 6,921 units (-42%).
#units #year #down #philippines
13 days ago
Bristol Gate Capital Partners, an investment management company, published its Q2 2026 investor letter for the "US Equity Strategy". A copy of the letter can be downloaded here. The Strategy lagged the S&P 500 Total Return Index in the quarter in terms of returns, but outperformed in dividend growth. Despite debate over capital cycle returns, AI remained the dominant market theme, expanding from early adoption to broader enterprise adoption. The firm continues to focus on high-dividend-growth companies while maintaining discipline around valuation and earnings durability. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) 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.
#corporation #cost #Equity
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) 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.
#corporation #cost #Equity
14 days ago
Interested in BankUnited, Inc.? Here are five stocks we like better.
BankUnited reported Q2 2026 net income of about $71 million, or $0.97 per share, with management emphasizing record growth in non-interest-bearing demand deposits (NIDDA), which reached 34.4% of total deposits.
Deposit growth helped lift profitability: total deposits excluding brokered deposits rose $1.1 billion, net interest margin improved to 3.06%, and average deposit costs declined as the bank reduced reliance on higher-cost wholesale funding.
Loan growth lagged expectations because of tougher competition and tighter pricing in lending, prompting BankUnited to cut some business and lower its full-year core loan growth outlook to 4% to 5% from 6%.
BankUnited (NYSE:BKU) reported second-quarter 2026 net income of about $71 million, or $0.97 per share, as management highlighted record non-interest-bearing demand deposit growth, improved profitability metrics and a more cautious approach to loan growth amid heightened competition.
#Growth #income #Share
BankUnited reported Q2 2026 net income of about $71 million, or $0.97 per share, with management emphasizing record growth in non-interest-bearing demand deposits (NIDDA), which reached 34.4% of total deposits.
Deposit growth helped lift profitability: total deposits excluding brokered deposits rose $1.1 billion, net interest margin improved to 3.06%, and average deposit costs declined as the bank reduced reliance on higher-cost wholesale funding.
Loan growth lagged expectations because of tougher competition and tighter pricing in lending, prompting BankUnited to cut some business and lower its full-year core loan growth outlook to 4% to 5% from 6%.
BankUnited (NYSE:BKU) reported second-quarter 2026 net income of about $71 million, or $0.97 per share, as management highlighted record non-interest-bearing demand deposit growth, improved profitability metrics and a more cautious approach to loan growth amid heightened competition.
#Growth #income #Share
14 days ago
US sportswear retailer Nike will bar major wholesale partners in China from selling its products online from January, shifting sales to its own branded storefronts instead.
The change means most of Nike's 16 store partners in China, which together own and operate thousands of Nike outlets, will stop selling online and shift entirely to in-store retail.
"Our marketplace has become so fragmented and cluttered. What consumers want is an experience that's premium, true to the brand, trustworthy, and certainly connected between digital and physical", Cathy Sparks, vice-president and Greater China general manager at Nike told Reuters.
Sales will instead be redirected to Nike-branded storefronts on Tmall, JD.com and Douyin, as well as its own website and app.
According to the company, the move aims to reduce marketplace fragmentation, restore consumer confidence, and back full-price sales.
#partners #selling #branded
The change means most of Nike's 16 store partners in China, which together own and operate thousands of Nike outlets, will stop selling online and shift entirely to in-store retail.
"Our marketplace has become so fragmented and cluttered. What consumers want is an experience that's premium, true to the brand, trustworthy, and certainly connected between digital and physical", Cathy Sparks, vice-president and Greater China general manager at Nike told Reuters.
Sales will instead be redirected to Nike-branded storefronts on Tmall, JD.com and Douyin, as well as its own website and app.
According to the company, the move aims to reduce marketplace fragmentation, restore consumer confidence, and back full-price sales.
#partners #selling #branded
14 days ago
Irving, Texas-based Vistra Corp. (VST) operates as an integrated retail electricity and power generation company. With a market cap of $54.7 billion, the companyis also involved in wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities. The leading integrated retail electricity and power generation company is expected to announce its fiscal second-quarter earnings for 2026 before the market opens on Friday, Aug. 7.
Ahead of the event, ***** ysts expect VST to report a profit of $2.43 per share on a diluted basis, up 140.6% from $1.01 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.
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#generation
Ahead of the event, ***** ysts expect VST to report a profit of $2.43 per share on a diluted basis, up 140.6% from $1.01 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.
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#generation
14 days ago
Bristol Gate Capital Partners, an investment management company, published its Q2 2026 investor letter for the "US Equity Strategy". A copy of the letter can be downloaded here. The Strategy lagged the S&P 500 Total Return Index in the quarter in terms of returns, but outperformed in dividend growth. Despite debate over capital cycle returns, AI remained the dominant market theme, expanding from early adoption to broader enterprise adoption. The firm continues to focus on high-dividend-growth companies while maintaining discipline around valuation and earnings durability. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) 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.
#costco #NASDAQ #bristol #Equity
In its Q2 2026 investor letter, Bristol US Equity Strategy highlighted Costco Wholesale Corporation (NASDAQ:COST). Costco Wholesale Corporation (NASDAQ:COST) is a leading US-based multinational retailer that specializes in the operation of membership-only warehouses. On July 22, 2026, Costco Wholesale Corporation (NASDAQ:COST) closed at $927.31 per share, reflecting a market capitalization of $411.24 billion. Costco Wholesale Corporation (NASDAQ:COST) posted a one-month return of -1.58%, and its shares lost 0.70% over the past 52 weeks.
Bristol US Equity Strategy stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2026 investor update:
"Costco Wholesale Corporation (NASDAQ:COST) operates a membership-based model with a durable competitive moat in retail, anchored by industry-leading renewal rates and a value proposition that strengthens with scale. The recurring membership-fee stream is high-margin, predictable, and compounds alongside member growth and periodic fee increases. Backed by an experienced and capable management team, we believe this combination will translate into continued high dividend growth."
Costco Wholesale Corporation (NASDAQ:COST) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 107 hedge fund portfolios held Costco Wholesale Corporation (NASDAQ:COST) at the end of the first quarter, up from 106 in the previous quarter. While we acknowledge the potential of Costco Wholesale Corporation (NASDAQ:COST) 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.
#costco #NASDAQ #bristol #Equity
20 days ago
COKE and COST both go ex-dividend July 24, 2026, so investors must own shares before July 23 to receive the August 7 payout.
Despite yields below 1%, both dividends are backed by massive free cash flows, with **** E generating $620 million and COST generating $7.84 billion annually.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Costco didn't make the cut. Grab the names FREE today.
The clock is ticking on two of the most recognizable dividend payers on the Nasdaq. Both Coca-Cola Consolidated (NASDAQ:COKE) and Costco Wholesale (NASDAQ:COST) go ex-dividend on the same day, Friday, July 24, 2026, with both payments landing in shareholder accounts on August 7, 2026. To capture either check, shares must be owned before the ex-date, which means the last practical day to buy is Thursday, July 23, 2026.
The mechanics matter here. The ex-dividend date is the cutoff: buy on or after July 24 and the seller keeps this dividend, not you. The pay date is simply when cash hits your account. Miss the ex-date, and there is no catching up until the next quarterly cycle.
Despite yields below 1%, both dividends are backed by massive free cash flows, with **** E generating $620 million and COST generating $7.84 billion annually.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Costco didn't make the cut. Grab the names FREE today.
The clock is ticking on two of the most recognizable dividend payers on the Nasdaq. Both Coca-Cola Consolidated (NASDAQ:COKE) and Costco Wholesale (NASDAQ:COST) go ex-dividend on the same day, Friday, July 24, 2026, with both payments landing in shareholder accounts on August 7, 2026. To capture either check, shares must be owned before the ex-date, which means the last practical day to buy is Thursday, July 23, 2026.
The mechanics matter here. The ex-dividend date is the cutoff: buy on or after July 24 and the seller keeps this dividend, not you. The pay date is simply when cash hits your account. Miss the ex-date, and there is no catching up until the next quarterly cycle.
20 days ago
Mexico's heavy-duty truck manufacturing sector showed renewed momentum in June, with production and exports rising year over year after more than a year of sluggish performance.
Manufacturers in Mexico ***** embled 15,262 heavy-duty trucks and buses during June, a 7.6% increase from the same month in 2025, according to from the National Institute of Statistics and Geography (INEGI) and the National ***** ociation of Bus, Truck and Tractor-Trailer Producers (Anpact).
Exports of Mexican-made trucks climbed 3.2% year over year to 12,730 units. Nearly all of Mexico's heavy-duty vehicle exports continue to be destined for the United States, making U.S. freight demand the industry's primary growth driver.
"June closed with clear signs of recovery," Anpact President Rogelio Arzate said during a news conference on June 9.
The June performance also marked the first time since August 2024 that Mexico's heavy-duty vehicle industry recorded year-over-year growth simultaneously in wholesale sales, production, exports and retail sales, according to Anpact.
Manufacturers in Mexico ***** embled 15,262 heavy-duty trucks and buses during June, a 7.6% increase from the same month in 2025, according to from the National Institute of Statistics and Geography (INEGI) and the National ***** ociation of Bus, Truck and Tractor-Trailer Producers (Anpact).
Exports of Mexican-made trucks climbed 3.2% year over year to 12,730 units. Nearly all of Mexico's heavy-duty vehicle exports continue to be destined for the United States, making U.S. freight demand the industry's primary growth driver.
"June closed with clear signs of recovery," Anpact President Rogelio Arzate said during a news conference on June 9.
The June performance also marked the first time since August 2024 that Mexico's heavy-duty vehicle industry recorded year-over-year growth simultaneously in wholesale sales, production, exports and retail sales, according to Anpact.
21 days ago
UWM Holdings Corp (NYSE:UWMC) is one of the 8 Most Undervalued Growth Stocks to Buy for the Next 10 Years. UWM Holdings Corp (NYSE:UWMC) is one of the most undervalued growth stocks to buy for the next 10 years. On July 7, BTIG ****** yst Douglas Harter reiterated a Buy rating on the stock. He also ****** igned a target price of $4. On the same day, UWMC received another ****** yst's attention. Terry Ma from Barclays maintained a Buy rating on the stock and set a target price of $4.
Earlier on June 2, Two Harbors Investment shareholders voted to approve the sale to CrossCountry Mortgage, meaning UWMC officially lost its bid to acquire TWO. Previously, on December 17 2025, UWM Holdings Corp (NYSE:UWMC) agreed to acquire TWO in a $1.3 billion all-stock deal. The company wanted to strengthen its position in the mortgage industry and expand its access to mortgage servicing rights by acquiring TWO. However, in March, CrossCountry offered an all-cash proposal. As a result, the real estate investment trust terminated its deal with UWMC, stating that CrossCountry's proposal was superior. This setback leaves the company without the strategic and financial benefits it had expected to gain from the acquisition.
UWM Holdings Corporation (NYSE:UWMC) is a wholesale residential mortgage lender. The company is based in Pontiac, Michigan, and was founded in 1986.
While we acknowledge the potential of UWMC 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.
READ NEXT: 10 Best AI Stocks to Watch in July and 12 Best Dow Stocks to Invest In Right Now.
Earlier on June 2, Two Harbors Investment shareholders voted to approve the sale to CrossCountry Mortgage, meaning UWMC officially lost its bid to acquire TWO. Previously, on December 17 2025, UWM Holdings Corp (NYSE:UWMC) agreed to acquire TWO in a $1.3 billion all-stock deal. The company wanted to strengthen its position in the mortgage industry and expand its access to mortgage servicing rights by acquiring TWO. However, in March, CrossCountry offered an all-cash proposal. As a result, the real estate investment trust terminated its deal with UWMC, stating that CrossCountry's proposal was superior. This setback leaves the company without the strategic and financial benefits it had expected to gain from the acquisition.
UWM Holdings Corporation (NYSE:UWMC) is a wholesale residential mortgage lender. The company is based in Pontiac, Michigan, and was founded in 1986.
While we acknowledge the potential of UWMC 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.
READ NEXT: 10 Best AI Stocks to Watch in July and 12 Best Dow Stocks to Invest In Right Now.
21 days ago
Wholesale inflation dipped in June, the Bureau of Labor Statistics reported Wednesday, with the Producer Price Index for final demand falling 0.3%. It marked the first time the index has moved lower on a monthly basis since August 2025. And the June pullback in wholesale prices came before the ceasefire between the U.S. and Iran collapsed, driving oil prices higher again.
Final demand prices had risen 0.6% in May and 1.1% in April. On an annual basis, the index for final demand rose 5.5% through June.
The June decline was driven by a 1.4% drop in prices for final demand goods — the largest such decrease since July 2022, when goods prices fell 1.9%. Energy prices led the goods decline, falling 6.4% for the month. Food prices also slipped 0.6%. Prices for final demand goods excluding food and energy edged up 0.2%.
Gasoline accounted for nearly two-thirds of the June decline in final demand goods prices, dropping 12%. Diesel fuel, jet fuel, fresh vegetables, crude petroleum, and thermoplastic resins also fell. Plastic products and residential electric power were among the categories that posted increases.
Final demand services prices rose 0.2% in June after falling 0.1% in May. More than 60% of that gain came from trade services margins, which advanced 0.4%. Margins for fuels and lubricants retailing jumped 13%, accounting for roughly half of the services increase. Margins for machinery and vehicle wholesaling declined 8.4%.
Final demand prices had risen 0.6% in May and 1.1% in April. On an annual basis, the index for final demand rose 5.5% through June.
The June decline was driven by a 1.4% drop in prices for final demand goods — the largest such decrease since July 2022, when goods prices fell 1.9%. Energy prices led the goods decline, falling 6.4% for the month. Food prices also slipped 0.6%. Prices for final demand goods excluding food and energy edged up 0.2%.
Gasoline accounted for nearly two-thirds of the June decline in final demand goods prices, dropping 12%. Diesel fuel, jet fuel, fresh vegetables, crude petroleum, and thermoplastic resins also fell. Plastic products and residential electric power were among the categories that posted increases.
Final demand services prices rose 0.2% in June after falling 0.1% in May. More than 60% of that gain came from trade services margins, which advanced 0.4%. Margins for fuels and lubricants retailing jumped 13%, accounting for roughly half of the services increase. Margins for machinery and vehicle wholesaling declined 8.4%.
23 days ago
Argentina face England at Atlanta Stadium on Wednesday evening in the World Cup semi-finals, targeting a place in Sunday's final against Spain at MetLife Stadium in New Jersey.
The reigning world champions have won back-to-back Copa América ******* les and the 2022 World Cup. A win on Wednesday would put them in a fourth consecutive major final — a run of consistency unmatched in modern football. Argentina have never lost a World Cup semi-final in five previous appearances. This fixture will be the first time in Messi's career he has faced England.
Scaloni faces selection decisions rather than injury concerns, though the physical toll of two consecutive extra-time matches is a factor. Cristian Romero was substituted at half-time of extra time against Switzerland through exhaustion and is expected to be ******* sed ahead of kick-off.
Facundo Medina is pushing to start alongside Lisandro Martínez in central defence. Nahuel Molina and Nicolás Tagliafico are expected to continue at full-back, both having been replaced before the end of extra time against Switzerland but deemed fresh enough to start.
Reports from Argentina suggested Scaloni trialled a back three in training on Monday, but a wholesale formation change for a semi-final of this magnitude is considered unlikely. The midfield of Leandro Paredes, Rodrigo De Paul, Enzo Fernández and Alexis Mac Allister is expected to continue, with Thiago Almada available from the bench having impressed as a substitute against Switzerland.
The reigning world champions have won back-to-back Copa América ******* les and the 2022 World Cup. A win on Wednesday would put them in a fourth consecutive major final — a run of consistency unmatched in modern football. Argentina have never lost a World Cup semi-final in five previous appearances. This fixture will be the first time in Messi's career he has faced England.
Scaloni faces selection decisions rather than injury concerns, though the physical toll of two consecutive extra-time matches is a factor. Cristian Romero was substituted at half-time of extra time against Switzerland through exhaustion and is expected to be ******* sed ahead of kick-off.
Facundo Medina is pushing to start alongside Lisandro Martínez in central defence. Nahuel Molina and Nicolás Tagliafico are expected to continue at full-back, both having been replaced before the end of extra time against Switzerland but deemed fresh enough to start.
Reports from Argentina suggested Scaloni trialled a back three in training on Monday, but a wholesale formation change for a semi-final of this magnitude is considered unlikely. The midfield of Leandro Paredes, Rodrigo De Paul, Enzo Fernández and Alexis Mac Allister is expected to continue, with Thiago Almada available from the bench having impressed as a substitute against Switzerland.
24 days ago
Sales of Chinese-made vehicles, including exports, declined by 3.2% to 2.81 million units in June 2026 after rising by 14% to 2.904 million units a year earlier, according to passenger car and commercial vehicle wholesale data compiled by the China **** ociation of Automobile Manufacturers (CAAM). Domestic sales plunged by 23% year-on-year to 1.773 million units last month, after rising by 10% to 2.312 million units a year earlier, while exports surged by 75% to 1.037 million units from 592,000 units.
Total sales of light passenger vehicles declined by 5.3% to 2.402 million units last month, while commercial vehicle sales rose by almost 11% to 408,000 units. Overall vehicle production in the country declined by 1.2% to 2.760 million units.
China's light passenger vehicle market this year has struggled against strong year-earlier volumes, while sales have also been affected by the withdrawal of some government subsidies and tax exemptions for new energy vehicles (NEVs) at the end of last year. The government has also taken action this year aimed at ending the prolonged "race-to-the-bottom" price war among domestic manufacturers, which was seen as damaging to the industry's long-term growth prospects, with automakers no longer allowed to sell their vehicles at prices below the cost of production. To help maintain affordability, manufacturers and dealers are now offering 'ultra-long-term' auto financing programmes, with repayment terms of up to eight years.
The economy expanded by a better-than-expected 5.0% year-on-year in the first quarter of 2026, after growth slowed to 4.5% in the previous quarter, driven mainly by strong exports. Consumer spending picked up slightly, helped by recent government stimulus measures, but growth remained sluggish at 2.4% year-on-year.
In the first six months of 2026, sales of Chinese-made vehicles declined by 4.1% to 15.017 million units after rising by 11% to 15.653 million units a year earlier, with sales of light passenger vehicles falling by over 6% to 12.720 million units while commercial vehicle sales rose by 8% to 2.297 million units. Domestic sales declined by 21% to 9.921 million units in this period, while exports surged by over 65% to 5.096 million units.
Total sales of light passenger vehicles declined by 5.3% to 2.402 million units last month, while commercial vehicle sales rose by almost 11% to 408,000 units. Overall vehicle production in the country declined by 1.2% to 2.760 million units.
China's light passenger vehicle market this year has struggled against strong year-earlier volumes, while sales have also been affected by the withdrawal of some government subsidies and tax exemptions for new energy vehicles (NEVs) at the end of last year. The government has also taken action this year aimed at ending the prolonged "race-to-the-bottom" price war among domestic manufacturers, which was seen as damaging to the industry's long-term growth prospects, with automakers no longer allowed to sell their vehicles at prices below the cost of production. To help maintain affordability, manufacturers and dealers are now offering 'ultra-long-term' auto financing programmes, with repayment terms of up to eight years.
The economy expanded by a better-than-expected 5.0% year-on-year in the first quarter of 2026, after growth slowed to 4.5% in the previous quarter, driven mainly by strong exports. Consumer spending picked up slightly, helped by recent government stimulus measures, but growth remained sluggish at 2.4% year-on-year.
In the first six months of 2026, sales of Chinese-made vehicles declined by 4.1% to 15.017 million units after rising by 11% to 15.653 million units a year earlier, with sales of light passenger vehicles falling by over 6% to 12.720 million units while commercial vehicle sales rose by 8% to 2.297 million units. Domestic sales declined by 21% to 9.921 million units in this period, while exports surged by over 65% to 5.096 million units.
27 days ago
United Wholesale Mortgage (NYSE: UWMC), which usually just goes by the acronym UWM, just got beaten. But in this case, being a loser could be the best thing that happened to the company and its shareholders. Here's what happened and why the failed bid to buy Two Harbors (NYSE: TWO) isn't really that bad of an outcome.
UWM and privately held CrossCountry Mortgage were both attempting to buy the mortgage real estate investment trust (REIT) Two Harbors. It all started with UWM and Two Harbors agreeing to a $1.3 billion all-stock deal in late 2025. CrossCountry Mortgage stepped in at the end of the first quarter of 2026, offering an all-cash deal that Two Harbors deemed superior.
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 »
As often happens in such situations, there was an ugly, public back-and-forth. At the end of the day, CrossCountry Mortgage's cash offer rose from an original $10.70 per share to $12, or roughly $1.3 billion. That comes even after UWM offered $12.50 in cash for Two Harbor shareholders who preferred cash over 2.3328 shares of UWM. While UWM was clearly displeased with losing out, it also didn't pursue it further after its final offer.
If you own UWM, you should probably be pleased with the outcome. As anyone who's ever been in a bidding war knows, the winner often ends up overpaying. And, as Benjamin Graham, the famous investor who helped train Warren Buffett, often noted, paying too much for a good company can turn it into a bad investment. Corporate acquisitions are no different.
UWM and privately held CrossCountry Mortgage were both attempting to buy the mortgage real estate investment trust (REIT) Two Harbors. It all started with UWM and Two Harbors agreeing to a $1.3 billion all-stock deal in late 2025. CrossCountry Mortgage stepped in at the end of the first quarter of 2026, offering an all-cash deal that Two Harbors deemed superior.
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 »
As often happens in such situations, there was an ugly, public back-and-forth. At the end of the day, CrossCountry Mortgage's cash offer rose from an original $10.70 per share to $12, or roughly $1.3 billion. That comes even after UWM offered $12.50 in cash for Two Harbor shareholders who preferred cash over 2.3328 shares of UWM. While UWM was clearly displeased with losing out, it also didn't pursue it further after its final offer.
If you own UWM, you should probably be pleased with the outcome. As anyone who's ever been in a bidding war knows, the winner often ends up overpaying. And, as Benjamin Graham, the famous investor who helped train Warren Buffett, often noted, paying too much for a good company can turn it into a bad investment. Corporate acquisitions are no different.
27 days ago
T-Mobile US Inc. (NASDAQ:TMUS) is one of the best QQQ Stocks to invest in. On July 7, T-Mobile announced a major evolution of its executive leadership team to accelerate its expansion into new business areas, including AI and 6G development. Wireless industry veteran Chris Sambar will join the company as Chief Enterprise Officer by mid-October, where he will lead the expansion of T-Mobile's SMB, enterprise, and government portfolios while scaling emerging growth opportunities like T-Ads and Physical AI.
Concurrently, André Almeida has been promoted to the expanded role of Chief Marketing, Brand, and Broadband Officer, where he will partner with COO Jon Freier to focus on consumer wireless and broadband growth. Additionally, T-Mobile is consolidating its network, technology, product engineering, and cyber divisions under Chief Technology Officer Dr. John Saw to facilitate the seamless delivery of next-generation connected experiences.
Kappri/Shutterstock.com
These leadership changes coincide with the departure of Mike Katz, the company's Chief Business & Product Officer, who will transition into a strategic advisory role through the end of 2026. CEO Srini Gopalan emphasized that these appointments are intended to provide the focus and expertise necessary to maintain T-Mobile's momentum, disrupt traditional industry models, and achieve the ambitious growth goals outlined in the company's recent capital markets updates.
T-Mobile US Inc. (NASDAQ:TMUS) is a telecom services company that offers wireless communications services, such as voice, messaging, and data, to postpaid, prepaid, and wholesale customers. The company also deals in wireless devices.
Concurrently, André Almeida has been promoted to the expanded role of Chief Marketing, Brand, and Broadband Officer, where he will partner with COO Jon Freier to focus on consumer wireless and broadband growth. Additionally, T-Mobile is consolidating its network, technology, product engineering, and cyber divisions under Chief Technology Officer Dr. John Saw to facilitate the seamless delivery of next-generation connected experiences.
Kappri/Shutterstock.com
These leadership changes coincide with the departure of Mike Katz, the company's Chief Business & Product Officer, who will transition into a strategic advisory role through the end of 2026. CEO Srini Gopalan emphasized that these appointments are intended to provide the focus and expertise necessary to maintain T-Mobile's momentum, disrupt traditional industry models, and achieve the ambitious growth goals outlined in the company's recent capital markets updates.
T-Mobile US Inc. (NASDAQ:TMUS) is a telecom services company that offers wireless communications services, such as voice, messaging, and data, to postpaid, prepaid, and wholesale customers. The company also deals in wireless devices.
27 days ago
Carvana Co. (NYSE:CVNA) is one of the top stocks to buy according to Whale Rock Capital Management. On June 24, Carvana Co. (NYSE:CVNA) announced plans to bring Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Sarasota wholesale auction site in Bradenton, Florida.
The move adds extra vehicle reconditioning capacity to Carvana's national network, which means it can inspect more used cars, repair, and prepare them for sale. Carvana stated that because of the new IRC, customers along the Florida Gulf Coast could receive their vehicles as soon as the same day once the new inventory pool is running.
Brian Boyd, Senior Vice President of Inventory at Carvana, stated that he expects the IRC integration to create around 100 new jobs in inspection, reconditioning, and vehicle fulfillment. These positions do not require a college degree and come with full benefits, and that hiring for the roles has already started, Boyd said. Boyd added that the expansion strengthens the company's national network and its customer offering.
ADESA Sarasota has operated as a wholesale auto auction facility for 20 years. It sits on roughly 60 acres with over 3,000 parking ***** es, which gives Carvana enough room to run both the IRC and the existing wholesale auction side without disruption. The company detailed that its proprietary software platform, CARLI, will manage the site's shift into an IRC-enabled facility.
Carvana Co. (NYSE:CVNA) is an e-commerce platform company. It operates an online marketplace for buying and selling used cars in the United States, offering vehicle acquisition, inspection, and reconditioning; online search and shopping; financing; complementary products; and logistics network services.
The move adds extra vehicle reconditioning capacity to Carvana's national network, which means it can inspect more used cars, repair, and prepare them for sale. Carvana stated that because of the new IRC, customers along the Florida Gulf Coast could receive their vehicles as soon as the same day once the new inventory pool is running.
Brian Boyd, Senior Vice President of Inventory at Carvana, stated that he expects the IRC integration to create around 100 new jobs in inspection, reconditioning, and vehicle fulfillment. These positions do not require a college degree and come with full benefits, and that hiring for the roles has already started, Boyd said. Boyd added that the expansion strengthens the company's national network and its customer offering.
ADESA Sarasota has operated as a wholesale auto auction facility for 20 years. It sits on roughly 60 acres with over 3,000 parking ***** es, which gives Carvana enough room to run both the IRC and the existing wholesale auction side without disruption. The company detailed that its proprietary software platform, CARLI, will manage the site's shift into an IRC-enabled facility.
Carvana Co. (NYSE:CVNA) is an e-commerce platform company. It operates an online marketplace for buying and selling used cars in the United States, offering vehicle acquisition, inspection, and reconditioning; online search and shopping; financing; complementary products; and logistics network services.
28 days ago
Nike (NKE), the iconic sneaker brand, is having a tough time. The stock closed in the red for the last four consecutive years and is down nearly 32% for this year. NKE stock peaked in November 2021 and has since lost three-fourths of its market cap.
Amid a sagging stock price, Nike brought back Elliott Hill, a company veteran, to lead the company in October 2024. Hill succeeded John Donahoe, whose strategy of focusing on direct sales while cutting down on wholesale sales backfired after the initial success during the Covid-19 pandemic. In hindsight, the company miscalculated the brand pull and lost out to other brands that were well stocked at third-party stores. Along with mending relations with wholesalers, Hill has shifted Nike's attention back towards sports, which used to be its USP. However, these measures haven't helped reverse the slide in NKE stock.
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A sagging stock price coupled with gradual dividend hikes has pushed Nike's dividend yield to nearly 3.8%, which is near the record highs that we saw last month when the stock hit its 52-week lows. In my previous article, I noted that while Nike's risk-reward has improved, it's not a compelling buy yet. Let's explore if the stock can fit into portfolios of investors who crave high dividend stocks, beginning with the company's recent financial performance.
Nike's revenues fell 1% year-over-year (YoY) in its fiscal Q4 2026, which ended in May, even though the metric came in slightly better than feared. Wholesale revenues rose 4% in the quarter but couldn't fully offset the 7% decline in Direct sales. Looking at the geographical breakdown, North America revenues rose 3% while sales in Greater China fell 12% in the quarter.
Amid a sagging stock price, Nike brought back Elliott Hill, a company veteran, to lead the company in October 2024. Hill succeeded John Donahoe, whose strategy of focusing on direct sales while cutting down on wholesale sales backfired after the initial success during the Covid-19 pandemic. In hindsight, the company miscalculated the brand pull and lost out to other brands that were well stocked at third-party stores. Along with mending relations with wholesalers, Hill has shifted Nike's attention back towards sports, which used to be its USP. However, these measures haven't helped reverse the slide in NKE stock.
Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today!
A sagging stock price coupled with gradual dividend hikes has pushed Nike's dividend yield to nearly 3.8%, which is near the record highs that we saw last month when the stock hit its 52-week lows. In my previous article, I noted that while Nike's risk-reward has improved, it's not a compelling buy yet. Let's explore if the stock can fit into portfolios of investors who crave high dividend stocks, beginning with the company's recent financial performance.
Nike's revenues fell 1% year-over-year (YoY) in its fiscal Q4 2026, which ended in May, even though the metric came in slightly better than feared. Wholesale revenues rose 4% in the quarter but couldn't fully offset the 7% decline in Direct sales. Looking at the geographical breakdown, North America revenues rose 3% while sales in Greater China fell 12% in the quarter.
29 days ago
Private-equity firm Apheon has acquired Alma, the new French food group created by combining Foo Seng and Varachaux.
The deal, struck for an undisclosed sum, comes just months after Asian snacks business Foo Seng and meal-components supplier Varachaux were merged to form Alma.
In a statement today (7 July), Apheon said the deal "marks the beginning of a new phase of growth for Alma", pointing to its "proven playbook for scaling businesses through targeted consolidation" in European markets.
Combined, Alma employs around 115 people and generates around €40m ($45.7m) in revenue.
The company supplies to wholesalers, foodservice operators and retailers, primarily in France.
The deal, struck for an undisclosed sum, comes just months after Asian snacks business Foo Seng and meal-components supplier Varachaux were merged to form Alma.
In a statement today (7 July), Apheon said the deal "marks the beginning of a new phase of growth for Alma", pointing to its "proven playbook for scaling businesses through targeted consolidation" in European markets.
Combined, Alma employs around 115 people and generates around €40m ($45.7m) in revenue.
The company supplies to wholesalers, foodservice operators and retailers, primarily in France.
1 month ago
Nike (NYSE: NKE) desperately wants to get back in shape financially, but its "Win Now" turnaround campaign is being held back for one main reason: China. While the retailer's fourth-quarter results actually beat Wall Street's expectations, revenue in Greater China fell a whopping 17% in the quarter and 13% in fiscal year 2026.
"Win Now" is, however, showing signs that it's beginning to work in other capacities. Nike's running business has grown by double digits for five consecutive quarters. Nike is also rebuilding its wholesale relationships.
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 »
Wholesale revenue grew 4% year over year in the fourth quarter. Nike Running also gained market share in both Western Europe and North America. The brand also believes margin expansion could begin this quarter, earlier than the company's original projection.
China remains Nike's biggest challenge. There's increasing competition within the country, and consumers there have shifted preferences. It doesn't seem like Nike has a real answer to this significant headwind yet.
"Win Now" is, however, showing signs that it's beginning to work in other capacities. Nike's running business has grown by double digits for five consecutive quarters. Nike is also rebuilding its wholesale relationships.
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 »
Wholesale revenue grew 4% year over year in the fourth quarter. Nike Running also gained market share in both Western Europe and North America. The brand also believes margin expansion could begin this quarter, earlier than the company's original projection.
China remains Nike's biggest challenge. There's increasing competition within the country, and consumers there have shifted preferences. It doesn't seem like Nike has a real answer to this significant headwind yet.
1 month ago
Fabrizio Romano is the guru of transfers with the Italian journalist rarely ever getting any information he has about Liverpool wrong.
The Reds are clearly gearing themselves up for wholesale changes this summer after their fifth-place finish in the Premier League last season.
Indeed, they still qualified for the Champions League by the skin of their teeth but, for a team of the Reds' quality, they should be cruising past most of their opponents and challenging for the Premier League **** le rather than just scraping by.
And, even though the Anfield outfit need to add many players to their ranks so that they can get back on level terms with their **** le rivals, they'll have to get rid of some of their current squad with Romano suggesting that one Liverpool star could be on his way out.
Cody Gakpo's future has been discussed for some time now.
The Reds are clearly gearing themselves up for wholesale changes this summer after their fifth-place finish in the Premier League last season.
Indeed, they still qualified for the Champions League by the skin of their teeth but, for a team of the Reds' quality, they should be cruising past most of their opponents and challenging for the Premier League **** le rather than just scraping by.
And, even though the Anfield outfit need to add many players to their ranks so that they can get back on level terms with their **** le rivals, they'll have to get rid of some of their current squad with Romano suggesting that one Liverpool star could be on his way out.
Cody Gakpo's future has been discussed for some time now.
1 month ago
By Tim McLaughlin
July 3 (Reuters) - Largest U.S. power grid operator PJM said on Friday it was under a federal alert to cut electricity consumption across its territory as it battled generator outages, massive overloading on its transmission lines and a surge in air conditioning use from prolonged sweltering heat.
PJM said it told utilities to reduce electricity to customers who are under contract to reduce consumption during emergencies. PJM serves 67 million people in the Mid-Atlantic, South and Washington, D.C., area.
Spot wholesale electricity prices in northern Virginia, home to the largest collection of data centers in the world, have surged beyond $2,000 per megawatt hour this week. That compares to about $40 per MWh when PJM is not in distress.
The surge in prices is mostly because it has become expensive to provide power across congested high-voltage power lines, according to industry analysts and PJM's operations data.
July 3 (Reuters) - Largest U.S. power grid operator PJM said on Friday it was under a federal alert to cut electricity consumption across its territory as it battled generator outages, massive overloading on its transmission lines and a surge in air conditioning use from prolonged sweltering heat.
PJM said it told utilities to reduce electricity to customers who are under contract to reduce consumption during emergencies. PJM serves 67 million people in the Mid-Atlantic, South and Washington, D.C., area.
Spot wholesale electricity prices in northern Virginia, home to the largest collection of data centers in the world, have surged beyond $2,000 per megawatt hour this week. That compares to about $40 per MWh when PJM is not in distress.
The surge in prices is mostly because it has become expensive to provide power across congested high-voltage power lines, according to industry analysts and PJM's operations data.
1 month ago
Resideo Technologies Inc. (NYSE:REZI) is one of the 8 Hidden Multibagger Stocks to Buy Now. On July 1, Jay Goldberg from Seaport Research started coverage of Resideo Technologies Inc. (NYSE:REZI) with a Buy rating and set a price target of $55. The firm's ******* igned price target reflects an additional 76% upside from current levels. Despite weakness in the consumer electronics market, the firm believes two key developments will support the company's growth. First is the renegotiated agreement with its parent company, which is expected to generate $140 million in additional annual cash flow. Second, Resideo is preparing to spin off its lower-margin distribution business. According to the ******* yst, the company's security and safety products are generally more resilient than other consumer products and tend to perform well even during slower housing markets.
For fiscal year 2026, Resideo Technologies Inc. (NYSE:REZI) reaffirmed its outlook and provided ranges for the second quarter. The company expects total company net revenue for the quarter to range from $1.916 billion to $1.940 billion. Total adjusted EBITDA is projected to range between $216 million and $230 million. On the earnings side, fully diluted EPS is forecasted to be in the range of $0.71 to $0.75.
CFO Michael Carlet remarked:
"We anticipate higher costs during 2026 in areas such as fuel on freight. We intend to take pricing actions starting in the second quarter that are intended to fully mitigate these increasing costs. There could be a slight headwind to the gross margin for each business segment in the second quarter."
Resideo Technologies Inc. (NYSE:REZI) makes smart home technology for comfort, energy management, and safety, including thermostats (Honeywell Home), smoke detectors, security systems, and water management, and also operates ADI Global Distribution, a major wholesale distributor of security, fire, and low-voltage products to professionals worldwide.
For fiscal year 2026, Resideo Technologies Inc. (NYSE:REZI) reaffirmed its outlook and provided ranges for the second quarter. The company expects total company net revenue for the quarter to range from $1.916 billion to $1.940 billion. Total adjusted EBITDA is projected to range between $216 million and $230 million. On the earnings side, fully diluted EPS is forecasted to be in the range of $0.71 to $0.75.
CFO Michael Carlet remarked:
"We anticipate higher costs during 2026 in areas such as fuel on freight. We intend to take pricing actions starting in the second quarter that are intended to fully mitigate these increasing costs. There could be a slight headwind to the gross margin for each business segment in the second quarter."
Resideo Technologies Inc. (NYSE:REZI) makes smart home technology for comfort, energy management, and safety, including thermostats (Honeywell Home), smoke detectors, security systems, and water management, and also operates ADI Global Distribution, a major wholesale distributor of security, fire, and low-voltage products to professionals worldwide.
1 month ago
T-Mobile US, Inc. (NASDAQ:TMUS) has declined roughly 10% over the past 30 days, mainly due to competitive pressure from ***** eX's Starlink push in mobile services. However, ***** ysts project roughly 42% upside from the current level, driven by the company's aggressive 5G monetization. T-Mobile US, Inc. (NASDAQ:TMUS) ranks as one of the Top Large Cap Stocks to Invest In At 52-Week Lows.
Recently, on June 26, Reuters reported that ***** eX has told investors it is planning to launch a direct retail mobile service for US consumers under the Starlink brand. This will place the company in direct competition with T-Mobile, Verizon, and AT&T.
The report noted that ***** eX President Gwynne Shotwell, during the IPO roadshow, reportedly disclosed that the company is considering building its own terrestrial US mobile network. This goes well beyond the company's current partnership with T-Mobile, which only provides supplemental satellite coverage in remote areas. Moreover, the move is supported by significant spectrum acquisitions. The company purchased wireless spectrum licenses from EchoStar in two deals totaling around $17 billion, giving it the airwaves needed to offer a robust and affordable direct-to-cell service.
Recently, TD Cowen ***** yst Gregory Williams floated the idea that ***** eX could eventually look to acquire T-Mobile as part of its ambition to build a full-scale wireless and broadband platform. He noted that Starlink is no longer just a satellite internet service and aims to become a comprehensive connectivity network spanning broadband, mobile, and a hybrid of satellite and ground-based wireless infrastructure. To achieve that, ***** eX would likely need a wholesale network agreement with a major US carrier such as T-Mobile.
T-Mobile US Inc. (NASDAQ:TMUS) is a telecom services company that offers wireless communications services, such as voice, messaging, and data, to postpaid, prepaid, and wholesale customers. The company also deals in wireless devices.
Recently, on June 26, Reuters reported that ***** eX has told investors it is planning to launch a direct retail mobile service for US consumers under the Starlink brand. This will place the company in direct competition with T-Mobile, Verizon, and AT&T.
The report noted that ***** eX President Gwynne Shotwell, during the IPO roadshow, reportedly disclosed that the company is considering building its own terrestrial US mobile network. This goes well beyond the company's current partnership with T-Mobile, which only provides supplemental satellite coverage in remote areas. Moreover, the move is supported by significant spectrum acquisitions. The company purchased wireless spectrum licenses from EchoStar in two deals totaling around $17 billion, giving it the airwaves needed to offer a robust and affordable direct-to-cell service.
Recently, TD Cowen ***** yst Gregory Williams floated the idea that ***** eX could eventually look to acquire T-Mobile as part of its ambition to build a full-scale wireless and broadband platform. He noted that Starlink is no longer just a satellite internet service and aims to become a comprehensive connectivity network spanning broadband, mobile, and a hybrid of satellite and ground-based wireless infrastructure. To achieve that, ***** eX would likely need a wholesale network agreement with a major US carrier such as T-Mobile.
T-Mobile US Inc. (NASDAQ:TMUS) is a telecom services company that offers wireless communications services, such as voice, messaging, and data, to postpaid, prepaid, and wholesale customers. The company also deals in wireless devices.
1 month ago
Choosing between Bristol Myers Squibb (NYSE:BMY) and Johnson & Johnson (NYSE:JNJ) means deciding whether you prefer a pure-play pharmaceutical company trading at a deep discount or a diversified giant with higher growth.
While both operate within the same broader sector, their business models differ significantly. Bristol Myers focuses heavily on drug development for serious diseases, while Johnson & Johnson splits its attention between medicine and medical devices. Let's compare them and weigh their specific risks and financial health.
Bristol Myers operates as a major player in the pharmaceutical stocks **** e, focusing on oncology, hematology, and immunology. The company sells its innovative medicines primarily to wholesalers and specialty pharmacies, relying on established distribution channels for top products like Opdivo and Eliquis. Key commercial alliances with Merck (NYSE:MRK) and BioNTech (NASDAQ:BNTX) help Bristol Myers expand its reach in specialized therapeutic areas.
In fiscal 2025, revenue reached nearly $48.2 billion, reflecting a slight decrease of approximately 0.2% compared to the previous year. The company reported net income of roughly $7.1 billion during this period, resulting in a net margin of approximately 14.6%. This was a significant recovery from the prior fiscal year, when Bristol Myers recorded a substantial net loss following specific business shifts.
As of its December 2025 balance sheet, the debt-to-equity ratio is roughly 2.6. This figure, which compares total debt to the value of shareholder equity, suggests a higher reliance on borrowed funds. The current ratio, which measures the company's ability to cover short-term debts with current **** ets, is approximately 1.3, while free cash flow reached nearly $12.8 billion.
While both operate within the same broader sector, their business models differ significantly. Bristol Myers focuses heavily on drug development for serious diseases, while Johnson & Johnson splits its attention between medicine and medical devices. Let's compare them and weigh their specific risks and financial health.
Bristol Myers operates as a major player in the pharmaceutical stocks **** e, focusing on oncology, hematology, and immunology. The company sells its innovative medicines primarily to wholesalers and specialty pharmacies, relying on established distribution channels for top products like Opdivo and Eliquis. Key commercial alliances with Merck (NYSE:MRK) and BioNTech (NASDAQ:BNTX) help Bristol Myers expand its reach in specialized therapeutic areas.
In fiscal 2025, revenue reached nearly $48.2 billion, reflecting a slight decrease of approximately 0.2% compared to the previous year. The company reported net income of roughly $7.1 billion during this period, resulting in a net margin of approximately 14.6%. This was a significant recovery from the prior fiscal year, when Bristol Myers recorded a substantial net loss following specific business shifts.
As of its December 2025 balance sheet, the debt-to-equity ratio is roughly 2.6. This figure, which compares total debt to the value of shareholder equity, suggests a higher reliance on borrowed funds. The current ratio, which measures the company's ability to cover short-term debts with current **** ets, is approximately 1.3, while free cash flow reached nearly $12.8 billion.
1 month ago
Amgen Inc. (NASDAQ:AMGN) ranks among the top NASDAQ stocks for retirement. On June 16, Mizuho increased its price target for Amgen Inc. (NASDAQ:AMGN) to $303 from $295 while keeping a Neutral rating on the company's shares, with the firm highlighting MariTide and olpasiran as crucial focal points for the company.
Mizuho said that Novartis and Ionis Pharmaceuticals' pelacarsen Phase 3 Lp(a) research is slated to conclude in the early second half of 2026, which might possibly ***** ist Amgen Inc. (NASDAQ:AMGN).
Mizuho slightly increased its medium-term sales outlook for Amgen Inc. (NASDAQ:AMGN), leading to a minor price target revision. As information from the Novartis and Ionis Phase 3 Lp(a) research becomes available, likely in the first half of 2026, the firm anticipates that market focus will turn toward olpasiran. The olpasiran data is expected to be released at a later time.
Meanwhile, Mizuho noted a potential risk ***** ociated with a tax dispute resolution projected no sooner than the latter half of 2026. The firm stated that it is seeking more details on the IRS tax dispute, which, as per Amgen's 10-Q filing, will not be resolved before the latter half of 2026.
Amgen Inc. (NASDAQ:AMGN) is a drug manufacturer that delivers human therapeutics through pharmaceutical wholesale distributors. The company was founded in 1980 and is headquartered in California.
Mizuho said that Novartis and Ionis Pharmaceuticals' pelacarsen Phase 3 Lp(a) research is slated to conclude in the early second half of 2026, which might possibly ***** ist Amgen Inc. (NASDAQ:AMGN).
Mizuho slightly increased its medium-term sales outlook for Amgen Inc. (NASDAQ:AMGN), leading to a minor price target revision. As information from the Novartis and Ionis Phase 3 Lp(a) research becomes available, likely in the first half of 2026, the firm anticipates that market focus will turn toward olpasiran. The olpasiran data is expected to be released at a later time.
Meanwhile, Mizuho noted a potential risk ***** ociated with a tax dispute resolution projected no sooner than the latter half of 2026. The firm stated that it is seeking more details on the IRS tax dispute, which, as per Amgen's 10-Q filing, will not be resolved before the latter half of 2026.
Amgen Inc. (NASDAQ:AMGN) is a drug manufacturer that delivers human therapeutics through pharmaceutical wholesale distributors. The company was founded in 1980 and is headquartered in California.
