28 days ago
Kohl's is rolling out steep discounts for customers as it struggles to turn around its sales.
The department store chain revealed in its most recent earnings report that its comparable sales decreased 0.9% year over year in the second quarter of 2026, while recent Placer.ai data showed overall visits to Kohl's stores declined 1.4%.
Kohl's CEO Michael Bender said on the August earnings call that the company is "operating in a challenging macroeconomic environment" where customers are "experiencing persistent financial pressures from inflation in their everyday expenses, like gas and food."
Against this backdrop, Kohl's has taken several steps to make its merchandise more affordable. It introduced Deal Bar and Toy Towers in stores earlier this year, featuring products priced below $10. It also priced thousands of back-to-school items under $25 in July.
In its latest effort to win over price-conscious customers, Kohl's has made its annual Kohl's Deal Days savings event more generous this year.
#year #deal #recent #placer
The department store chain revealed in its most recent earnings report that its comparable sales decreased 0.9% year over year in the second quarter of 2026, while recent Placer.ai data showed overall visits to Kohl's stores declined 1.4%.
Kohl's CEO Michael Bender said on the August earnings call that the company is "operating in a challenging macroeconomic environment" where customers are "experiencing persistent financial pressures from inflation in their everyday expenses, like gas and food."
Against this backdrop, Kohl's has taken several steps to make its merchandise more affordable. It introduced Deal Bar and Toy Towers in stores earlier this year, featuring products priced below $10. It also priced thousands of back-to-school items under $25 in July.
In its latest effort to win over price-conscious customers, Kohl's has made its annual Kohl's Deal Days savings event more generous this year.
#year #deal #recent #placer
2 months ago
Estes Express Lines is investing nearly $56 million to expand its cross-border and offshore freight network, including terminals, equipment and capacity serving Canada, Mexico, Alaska, Hawaii and Puerto Rico.
Alex Peebles, senior director of offshore and international at Estes, said the privately held, family-owned carrier is taking a longer view of the freight market rather than allowing current conditions to dictate its investment strategy.
"We're really looking at all of these investments from a long-term horizon and viewpoint perspective and one that's going to help accommodate growth and capacity into all the offshore international markets that we service," Peebles told FreightWaves.
Estes, which is celebrating its 95th anniversary this year, is North America's largest privately held less-than-truckload (LTL) freight transportation provider. The company operates a network of over 300 terminals and service centers across the U.S., Puerto Rico, Alaska, Hawaii with coverage extending to Canada, Mexico and the Caribbean
Peebles said the company's ownership structure gives it flexibility to move quickly when real estate and equipment opportunities arise.
#rico
Alex Peebles, senior director of offshore and international at Estes, said the privately held, family-owned carrier is taking a longer view of the freight market rather than allowing current conditions to dictate its investment strategy.
"We're really looking at all of these investments from a long-term horizon and viewpoint perspective and one that's going to help accommodate growth and capacity into all the offshore international markets that we service," Peebles told FreightWaves.
Estes, which is celebrating its 95th anniversary this year, is North America's largest privately held less-than-truckload (LTL) freight transportation provider. The company operates a network of over 300 terminals and service centers across the U.S., Puerto Rico, Alaska, Hawaii with coverage extending to Canada, Mexico and the Caribbean
Peebles said the company's ownership structure gives it flexibility to move quickly when real estate and equipment opportunities arise.
#rico
2 months ago
Before signing off on an auto loan, crunch the numbers to ensure you can afford your new set of wheels.
To find how much you'll spend on interest, use an auto loan calculator, work it out yourself or talk to a lender.
Factors including car specifics, the economy, your credit history and overall financial health determine your car loan interest rate.
To avoid paying too much in interest, shop around for the right loan and save up ahead of purchase.
With so many online auto calculators available, car buyers may not give that much thought to how to calculate interest on a car loan. You don't need to be a math whiz: You just multiply the loan balance by your interest rate and divide it by the number of months you have left on your loan term.
#numbers
To find how much you'll spend on interest, use an auto loan calculator, work it out yourself or talk to a lender.
Factors including car specifics, the economy, your credit history and overall financial health determine your car loan interest rate.
To avoid paying too much in interest, shop around for the right loan and save up ahead of purchase.
With so many online auto calculators available, car buyers may not give that much thought to how to calculate interest on a car loan. You don't need to be a math whiz: You just multiply the loan balance by your interest rate and divide it by the number of months you have left on your loan term.
#numbers
2 months ago
United Airlines Holdings, Inc. (NASDAQ:UAL) CEO Scott Kirby told CNBC he wants to expand United's presence at New York's John F. Kennedy International Airport, returning to the congested airport through a new partnership with JetBlue Airways, American's former partner, as early as next year.
Kirby said he is also preparing for how artificial intelligence will change the airline industry. CNBC reported that Kirby, who was fired by American Airlines a decade ago when he served as its president, has floated megamerger ideas with both Delta and American over the past year but has so far been rebuffed, with antitrust experts skeptical the combinations could happen. He said he remains uninterested in acquiring a smaller carrier. United currently ranks as the second most profitable U.S. airline behind Delta, with American a "distant third."
United Airlines Holdings, Inc. (NASDAQ:UAL) has a concrete opportunity to strengthen its position at JFK through its partnership with JetBlue. Re-entering one of the country's most valuable and slot-constrained airports would give United incremental access to a market where it has struggled to compete. The partnership could also weaken American's competitive position by pulling JetBlue away from its previous relationship with American.
United also has the financial strength to pursue an ambitious growth strategy. The airline ranks as the second-most profitable U.S. carrier behind Delta, giving CEO Scott Kirby greater flexibility to invest in network expansion, technology, and other long-term opportunities. That financial position gives United more room to pursue transformative moves without relying solely on defensive strategies.
Kirby's comments on M&A also suggest that United wants to pursue scale selectively rather than chase every available acquisition. He has expressed little interest in buying a smaller carrier while discussing the possibility of much larger combinations with Delta or American. That approach could help United focus its capital and management resources on deals that could materially strengthen its competitive position.
#kirby
Kirby said he is also preparing for how artificial intelligence will change the airline industry. CNBC reported that Kirby, who was fired by American Airlines a decade ago when he served as its president, has floated megamerger ideas with both Delta and American over the past year but has so far been rebuffed, with antitrust experts skeptical the combinations could happen. He said he remains uninterested in acquiring a smaller carrier. United currently ranks as the second most profitable U.S. airline behind Delta, with American a "distant third."
United Airlines Holdings, Inc. (NASDAQ:UAL) has a concrete opportunity to strengthen its position at JFK through its partnership with JetBlue. Re-entering one of the country's most valuable and slot-constrained airports would give United incremental access to a market where it has struggled to compete. The partnership could also weaken American's competitive position by pulling JetBlue away from its previous relationship with American.
United also has the financial strength to pursue an ambitious growth strategy. The airline ranks as the second-most profitable U.S. carrier behind Delta, giving CEO Scott Kirby greater flexibility to invest in network expansion, technology, and other long-term opportunities. That financial position gives United more room to pursue transformative moves without relying solely on defensive strategies.
Kirby's comments on M&A also suggest that United wants to pursue scale selectively rather than chase every available acquisition. He has expressed little interest in buying a smaller carrier while discussing the possibility of much larger combinations with Delta or American. That approach could help United focus its capital and management resources on deals that could materially strengthen its competitive position.
#kirby
2 months ago
Citigroup is expected to secure Chinese regulatory clearance for its fully owned brokerage operation in mainland China as early as this month, with plans to recruit several dozen employees for the business in the coming months, according to Reuters.
Sources told Reuters that the final approval may come around the period of Chinese President Xi Jinping's scheduled trip to Washington for talks with US President Donald Trump in late September.
Reuters said the prospect of approval this month had not been previously disclosed.
Citi declined to comment.
The US lender, already active in China through corporate, institutional and related banking services, applied in late 2021 for a licence to establish a fully owned mainland brokerage arm as part of a broader effort to deepen its operations in the country.
#China #fully
Sources told Reuters that the final approval may come around the period of Chinese President Xi Jinping's scheduled trip to Washington for talks with US President Donald Trump in late September.
Reuters said the prospect of approval this month had not been previously disclosed.
Citi declined to comment.
The US lender, already active in China through corporate, institutional and related banking services, applied in late 2021 for a licence to establish a fully owned mainland brokerage arm as part of a broader effort to deepen its operations in the country.
#China #fully
2 months ago
Michael Burry made his name betting against a market everyone else trusted. This time, the market pushed back harder than usual, and the damage showed up across nearly every corner of his bearish portfolio.
August turned into one of the roughest months yet for his bearish AI positions, even as he kept adding to them rather than backing away. The stretch offers a real test of how long conviction can hold up against a genuinely strong earnings season.
Most of the stocks Burry was bearish on advanced during August, led by sharp gains in Palantir, Nvidia, and Micron. The month highlighted a real risk for AI skeptics: valuation concerns can look extreme for a long time before momentum and earnings growth actually break. August gave little evidence that a break is imminent.
Palantir was by far the biggest problem. The stock surged 51.4% in August, even as Burry maintained out-of-the-money put options with a $100 strike expiring December 2026 and a $50 strike expiring June 2027, according to Yahoo Finance.
More AI:
#august
August turned into one of the roughest months yet for his bearish AI positions, even as he kept adding to them rather than backing away. The stretch offers a real test of how long conviction can hold up against a genuinely strong earnings season.
Most of the stocks Burry was bearish on advanced during August, led by sharp gains in Palantir, Nvidia, and Micron. The month highlighted a real risk for AI skeptics: valuation concerns can look extreme for a long time before momentum and earnings growth actually break. August gave little evidence that a break is imminent.
Palantir was by far the biggest problem. The stock surged 51.4% in August, even as Burry maintained out-of-the-money put options with a $100 strike expiring December 2026 and a $50 strike expiring June 2027, according to Yahoo Finance.
More AI:
#august
2 months ago
Ford Motor (NYSE:F), the global light-vehicle and truck maker with Ford and Lincoln brands, closed at $14.14, up 2.17%. Wednesday's session followed reports that August U.S. sales fell 10.3%. Investors will be closely watching pickup production and demand next.
Trading volume reached 51.7 million shares, coming in roughly 3.1% above its three-month average of 50.2 million shares.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,667, up 0.47%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,218, up 0.45%. Among automobile manufacturers, General Motors (NYSE:GM) closed at $84.88, down 0.88%, and Stellantis (NYSE:STLA) ended at $5.27, down 1.50%, highlighting softer trading in auto peers during the session.
Ford reported August U.S. sales fell 10.3%, marking an eighth straight month of year-over-year declines. Investors were encouraged, however, after the automaker said its production of the large, highly profitable "Super Duty" trucks last month reached a 20-year high. At the same time, the output of F-150 pickups reached its highest point in two years, reports CNBC. Ford was significantly affected by supplier issues due to its large aluminum bodies and other components following an aluminum plant fire late last year.
August electric vehicle (EV) sales were down nearly 80%, while hybrid sales were down 20%. Ford stock is nearly 20% off its 2026 highs, reached after the company announced the formation of Ford Energy in May. That came after it repurposed some EV ******* ets as part of a pivot to tap into demand for energy storage. That helped investors shrug off the plunging EV and hybrid sales.
Before you buy stock in Ford Motor Company, consider this:
#sales
Trading volume reached 51.7 million shares, coming in roughly 3.1% above its three-month average of 50.2 million shares.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,667, up 0.47%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) finished at 26,218, up 0.45%. Among automobile manufacturers, General Motors (NYSE:GM) closed at $84.88, down 0.88%, and Stellantis (NYSE:STLA) ended at $5.27, down 1.50%, highlighting softer trading in auto peers during the session.
Ford reported August U.S. sales fell 10.3%, marking an eighth straight month of year-over-year declines. Investors were encouraged, however, after the automaker said its production of the large, highly profitable "Super Duty" trucks last month reached a 20-year high. At the same time, the output of F-150 pickups reached its highest point in two years, reports CNBC. Ford was significantly affected by supplier issues due to its large aluminum bodies and other components following an aluminum plant fire late last year.
August electric vehicle (EV) sales were down nearly 80%, while hybrid sales were down 20%. Ford stock is nearly 20% off its 2026 highs, reached after the company announced the formation of Ford Energy in May. That came after it repurposed some EV ******* ets as part of a pivot to tap into demand for energy storage. That helped investors shrug off the plunging EV and hybrid sales.
Before you buy stock in Ford Motor Company, consider this:
#sales
2 months ago
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Why we like this card: The Hilton Honors Amex Card proves that you don't have to pay a big annual fee to get big rewards. While you'll earn the most rewards on your stays with Hilton, you can also earn a solid 5x points on everyday spending at U.S. supermarkets, restaurants, and gas stations — plus 3x rewards in all non-category spending. With Hilton Honors reward nights starting at 5,000 points per night, those extra points can take you far.
You can also get a lot of value from your complimentary Silver status the Hilton Honors American Express Card offers. Status perks include a 20% points bonus on Hilton stays, your fifth night free on award stays, elite rollover nights, and more. If you score the Gold status upgrade (after spending $20,000 in a calendar year), you'll also receive room upgrades when available, daily food and beverage credits, milestone bonuses, and a boosted 80% points bonus on stays.
Why we like this card: We like the value you can get from the Chase Sapphire Preferred, whether you're a seasoned travel pro or a beginner to travel rewards. For hotels specifically, the up to $100 annual credit for hotel stays purchased through Chase Travel can offset the annual fee on its own.
#travel
Why we like this card: The Hilton Honors Amex Card proves that you don't have to pay a big annual fee to get big rewards. While you'll earn the most rewards on your stays with Hilton, you can also earn a solid 5x points on everyday spending at U.S. supermarkets, restaurants, and gas stations — plus 3x rewards in all non-category spending. With Hilton Honors reward nights starting at 5,000 points per night, those extra points can take you far.
You can also get a lot of value from your complimentary Silver status the Hilton Honors American Express Card offers. Status perks include a 20% points bonus on Hilton stays, your fifth night free on award stays, elite rollover nights, and more. If you score the Gold status upgrade (after spending $20,000 in a calendar year), you'll also receive room upgrades when available, daily food and beverage credits, milestone bonuses, and a boosted 80% points bonus on stays.
Why we like this card: We like the value you can get from the Chase Sapphire Preferred, whether you're a seasoned travel pro or a beginner to travel rewards. For hotels specifically, the up to $100 annual credit for hotel stays purchased through Chase Travel can offset the annual fee on its own.
#travel
2 months ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
OpenAI revealed that its nascent advertising business has achieved a $1 billion annualized revenue run rate, a significant milestone reached within just 200 days of its inception.
The Sam Altman-led company **** ured on Monday that its ads are distinctly marked and do not affect ChatGPT's responses. Moreover, advertisers are not given access to users' private conversations, reported CNBC.
The advertising arm, which is barely 200 days old, supplements OpenAI's existing revenue channels, such as enterprise solutions, consumer subscriptions, and usage-based application programming interfaces.
In a press release, the company stated, "Our next phase of growth will bring ChatGPT Ads to more markets and introduce additional formats, objectives, buying options, and measurement capabilities." OpenAI also intends to explore novel ways for businesses to engage with consumers more organically within ChatGPT.
#within #benzinga #finance #altman
OpenAI revealed that its nascent advertising business has achieved a $1 billion annualized revenue run rate, a significant milestone reached within just 200 days of its inception.
The Sam Altman-led company **** ured on Monday that its ads are distinctly marked and do not affect ChatGPT's responses. Moreover, advertisers are not given access to users' private conversations, reported CNBC.
The advertising arm, which is barely 200 days old, supplements OpenAI's existing revenue channels, such as enterprise solutions, consumer subscriptions, and usage-based application programming interfaces.
In a press release, the company stated, "Our next phase of growth will bring ChatGPT Ads to more markets and introduce additional formats, objectives, buying options, and measurement capabilities." OpenAI also intends to explore novel ways for businesses to engage with consumers more organically within ChatGPT.
#within #benzinga #finance #altman
2 months ago
EHang Holdings (NASDAQ:EH) reported mixed second-quarter results on Tuesday, delivering a stronger-than-expected earnings performance but falling short of revenue forecasts as regulatory caution weighed on China's low-altitude aviation industry.
The market reaction was muted, with EHang shares edging just 0.58% higher in pre-market trading following the announcement.
Adjusted earnings per share came in at RMB0.38, comfortably ahead of ****** ysts' estimate for a loss of RMB0.72 per share. Revenue, however, reached RMB77.9 million, missing the consensus forecast of RMB132.96 million and falling 31.3% from RMB113.3 million in the second quarter of 2025.
Sequentially, the picture was considerably stronger, with revenue rising 203.5% from RMB25.7 million in the first quarter of 2026.
EHang delivered 36 electric vertical take-off and landing aircraft during the quarter. That represented a decline from 52 units in the corresponding period last year but a substantial improvement from just four aircraft delivered during the first quarter.
#falling
The market reaction was muted, with EHang shares edging just 0.58% higher in pre-market trading following the announcement.
Adjusted earnings per share came in at RMB0.38, comfortably ahead of ****** ysts' estimate for a loss of RMB0.72 per share. Revenue, however, reached RMB77.9 million, missing the consensus forecast of RMB132.96 million and falling 31.3% from RMB113.3 million in the second quarter of 2025.
Sequentially, the picture was considerably stronger, with revenue rising 203.5% from RMB25.7 million in the first quarter of 2026.
EHang delivered 36 electric vertical take-off and landing aircraft during the quarter. That represented a decline from 52 units in the corresponding period last year but a substantial improvement from just four aircraft delivered during the first quarter.
#falling
2 months ago
In 1983, Social Security was weeks from insolvency; Congress raised the retirement age to 67, taxed benefits, and not one check bounced.
A rumored 23% benefit cut requires no vote because Social Security legally cannot borrow, meaning checks automatically shrink if Congress misses the deadline.
Orman urges listeners to downsize, extend car life, and save aggressively now, treating any future Social Security check as a bonus, not a foundation.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Suze Orman opened a recent segment of her Women & Money podcast by reaching back to the last time Social Security stared down insolvency. Her words on that 1983 crisis: "Social Security was weeks, not 6 years away from not being able to pay full benefits. Congress fixed it. They raised the retirement age. That's when it went from 65 to 67, everybody. They taxed some benefits. They moved money around. And it was ugly. It was late, but they did it and not one check bounced."
#security
A rumored 23% benefit cut requires no vote because Social Security legally cannot borrow, meaning checks automatically shrink if Congress misses the deadline.
Orman urges listeners to downsize, extend car life, and save aggressively now, treating any future Social Security check as a bonus, not a foundation.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Suze Orman opened a recent segment of her Women & Money podcast by reaching back to the last time Social Security stared down insolvency. Her words on that 1983 crisis: "Social Security was weeks, not 6 years away from not being able to pay full benefits. Congress fixed it. They raised the retirement age. That's when it went from 65 to 67, everybody. They taxed some benefits. They moved money around. And it was ugly. It was late, but they did it and not one check bounced."
#security
3 months ago
SpaceX (SPCX) stock is still nothing more than a plaything for investors. The underlying business is a whole other story. It has excellent long-term potential, provided it can get its house in order.
As you may recall, the ******* eX IPO is when many investors found out that they are not just getting Elon Musk's ******* e exploration company, but also a set of less-desirable ******* ociated businesses. And perhaps soon, a car company named Tesla (TSLA). But that's another story for another day.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#story #elon #barron
As you may recall, the ******* eX IPO is when many investors found out that they are not just getting Elon Musk's ******* e exploration company, but also a set of less-desirable ******* ociated businesses. And perhaps soon, a car company named Tesla (TSLA). But that's another story for another day.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#story #elon #barron
3 months ago
Baron Capital, an investment management company, released its Q2 2026 investor letter for the "Baron Focused Growth Fund". A copy of the letter can be downloaded here. In the second quarter, the Baron Focused Growth Fund achieved a 13.26% gain, still trailing the Russell 2500 Growth Index's 24.02% return. The underperformance was driven by ongoing concerns about AI's impact on portfolio businesses and underexposure to AI infrastructure. The IPO of ****** eX provided a boost, but overall, the Fund's companies are generating robust revenue growth and strengthening margins through enhanced client engagement and product offerings. Many stocks remain historically undervalued, and companies are beginning accelerated share repurchases, bolstering investor confidence. The Fund is perceived as compelling, benefiting from favorable market conditions and strong balance sheets, while inflation and interest rates are expected to remain stable. The Fund has outperformed its Benchmark over the past 3, 5, and 10 years, showing significant excess returns with lower market risk, attributed to a research-driven investment approach. The Fund maintains a commitment to long-term investing in growth-oriented businesses, utilizing a balanced portfolio to mitigate risk and potentially enhance returns. Please review the Fund's top five holdings to gain insights into their key selections for 2026.
In its Q2 2026 investor letter, Baron Focused Growth Fund highlighted IDEXX Laboratories, Inc. (NASDAQ:IDXX). IDEXX Laboratories, Inc. (NASDAQ:IDXX) develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries. On August 19, 2026, IDEXX Laboratories, Inc. (NASDAQ:IDXX) closed at $562.20 per share, reflecting a market capitalization of $44.29 billion. IDEXX Laboratories, Inc. (NASDAQ:IDXX) posted a one‑month return of 4.23%, while its shares lost 11.19% over the past 52 weeks.
Baron Focused Growth Fund stated the following regarding IDEXX Laboratories, Inc. (NASDAQ:IDXX) in its Q2 2026 investor letter:
"In Health Care, we invest in competitively advantaged companies that are leaders in their industries such as IDEXX Laboratories, Inc. (NASDAQ:IDXX), the leading provider of diagnostics to the veterinary industry and who is benefiting from the increase in pets that people acquired during the COVID pandemic, especially as these pets age. The Fund is further diversified by investments in businesses at different stages of growth and development."
#idxx #baron
In its Q2 2026 investor letter, Baron Focused Growth Fund highlighted IDEXX Laboratories, Inc. (NASDAQ:IDXX). IDEXX Laboratories, Inc. (NASDAQ:IDXX) develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries. On August 19, 2026, IDEXX Laboratories, Inc. (NASDAQ:IDXX) closed at $562.20 per share, reflecting a market capitalization of $44.29 billion. IDEXX Laboratories, Inc. (NASDAQ:IDXX) posted a one‑month return of 4.23%, while its shares lost 11.19% over the past 52 weeks.
Baron Focused Growth Fund stated the following regarding IDEXX Laboratories, Inc. (NASDAQ:IDXX) in its Q2 2026 investor letter:
"In Health Care, we invest in competitively advantaged companies that are leaders in their industries such as IDEXX Laboratories, Inc. (NASDAQ:IDXX), the leading provider of diagnostics to the veterinary industry and who is benefiting from the increase in pets that people acquired during the COVID pandemic, especially as these pets age. The Fund is further diversified by investments in businesses at different stages of growth and development."
#idxx #baron
3 months ago
Live cattle futures have lost momentum after reaching summer highs, but the decline should not be confused with a sudden increase in the nation's cattle supply. The recent weakness reflects softer cash trade, slower seasonal beef demand and technical selling. In the long term, the fundamental balance remains tight.
As of August 18, October live cattle futures were near $219 per hundredweight, down roughly $11 from the early-August high. Cash cattle also traded $2 to $3 lower during the second week of August. Packers had covered much of their near-term inventory, while beef demand entered the slower period between the Fourth of July and Labor Day. Those conditions reduced the need for packers to bid aggressively for market-ready cattle.
Corn and Soybean Prices Have a Major Catalyst This Week as the Pro Farmer Crop Tour Kicks Off
Concerns About a Global Supply Squeeze Lifts Coffee Prices
Coffee Prices Soar on Supply Concerns
#august #coffee
As of August 18, October live cattle futures were near $219 per hundredweight, down roughly $11 from the early-August high. Cash cattle also traded $2 to $3 lower during the second week of August. Packers had covered much of their near-term inventory, while beef demand entered the slower period between the Fourth of July and Labor Day. Those conditions reduced the need for packers to bid aggressively for market-ready cattle.
Corn and Soybean Prices Have a Major Catalyst This Week as the Pro Farmer Crop Tour Kicks Off
Concerns About a Global Supply Squeeze Lifts Coffee Prices
Coffee Prices Soar on Supply Concerns
#august #coffee
3 months ago
Consensus takes the multiple down by nearly a third in two years, and what a holder actually earns depends on what the market keeps paying.
Autodesk (ADSK) stock trades at about $251.66, down 12.3% over the past twelve months. On the last twelve months of adjusted earnings that is still about 25.7 times earnings. The forward multiples cut that hard, and most of the cutting is already visible in the company's own numbers.
Where That Multiple Goes If The Earnings Arrive
On the earnings **** ysts expect for fiscal 2027, today's price is about 19.6 times earnings; on the earnings expected for fiscal 2028, that same price is about 17.6 times. That is a 31% lower multiple than the trailing figure, as consensus earnings grow into the price. One caveat: the trailing multiple sits on normalized net income with stock-based compensation added back, meant to land near the **** yst-consensus basis rather than match it, so part of the fall is basis, not earnings, and for an acquisition-heavy company that part can be most of it.
Why Consensus Nearly Halves Revenue Growth Without Anything Going Wrong
#consensus #down #Stock
Autodesk (ADSK) stock trades at about $251.66, down 12.3% over the past twelve months. On the last twelve months of adjusted earnings that is still about 25.7 times earnings. The forward multiples cut that hard, and most of the cutting is already visible in the company's own numbers.
Where That Multiple Goes If The Earnings Arrive
On the earnings **** ysts expect for fiscal 2027, today's price is about 19.6 times earnings; on the earnings expected for fiscal 2028, that same price is about 17.6 times. That is a 31% lower multiple than the trailing figure, as consensus earnings grow into the price. One caveat: the trailing multiple sits on normalized net income with stock-based compensation added back, meant to land near the **** yst-consensus basis rather than match it, so part of the fall is basis, not earnings, and for an acquisition-heavy company that part can be most of it.
Why Consensus Nearly Halves Revenue Growth Without Anything Going Wrong
#consensus #down #Stock
3 months ago
Strategy (Nasdaq: MSTR), the world's leading Bitcoin (BTC) treasury company led by billionaire Michael Saylor, faces another MSCI (formerly Morgan Stanley Capital International) delisting threat as the index provider opened a new consultation on the eligibility of non-operating companies for its Global Investable Market Indexes.
As per the consultation's simulation using May 2026 data, Strategy (formerly MicroStrategy), Metaplanet (TYO: 3350), and Yellow Cake (LSE: YCA) could get deleted from the MSCI ACWI IMI.
SharpLink (Nasdaq: SBET), Center Laboratories (TWSE: 4123), and Lydia Holding (IS: LYDHO) would be placed on a watchlist.
Related: Strategy stock slides after $108M sale
While Strategy and Metaplanet are both Bitcoin treasury companies, SharpLink is an Ethereum (ETH) treasury company.
#strategy #msci #sharplink
As per the consultation's simulation using May 2026 data, Strategy (formerly MicroStrategy), Metaplanet (TYO: 3350), and Yellow Cake (LSE: YCA) could get deleted from the MSCI ACWI IMI.
SharpLink (Nasdaq: SBET), Center Laboratories (TWSE: 4123), and Lydia Holding (IS: LYDHO) would be placed on a watchlist.
Related: Strategy stock slides after $108M sale
While Strategy and Metaplanet are both Bitcoin treasury companies, SharpLink is an Ethereum (ETH) treasury company.
#strategy #msci #sharplink
3 months ago
If you've been feeling apprehensive about the stock market lately, you're in the majority. Around three-quarters of American investors said they were concerned about a market downturn in 2026, according to a July survey by MarketWise.
Pessimism about the future of the market isn't unusual: Even in the most bullish runs, fears of a market crash are present. But what is unusual about the current bull run is the historic valuation extreme it's approaching -- one seen only once in the last 150 years.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The cyclically adjusted price-to-earnings (CAPE) ratio, which divides the price of an index, such as the S&P 500 (SNPINDEX: ^GSPC), by its average inflation-adjusted earnings over the last 10 years, has climbed to a startling level. By one calculation, the CAPE ratio currently sits at roughly 41.4 -- only a few points below the all-time high reached in the dot-com era.
A high CAPE ratio usually indicates that stocks are very expensive, at least by historical standards. For context, the CAPE ratio has averaged about 16 to 17 over the last century and a half, and it has crossed the 30 marker only a handful of times, most notably during the Roaring '20s (i.e., just before the Great Depression) and the tech bubble of the late '90s.
#flashing
Pessimism about the future of the market isn't unusual: Even in the most bullish runs, fears of a market crash are present. But what is unusual about the current bull run is the historic valuation extreme it's approaching -- one seen only once in the last 150 years.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The cyclically adjusted price-to-earnings (CAPE) ratio, which divides the price of an index, such as the S&P 500 (SNPINDEX: ^GSPC), by its average inflation-adjusted earnings over the last 10 years, has climbed to a startling level. By one calculation, the CAPE ratio currently sits at roughly 41.4 -- only a few points below the all-time high reached in the dot-com era.
A high CAPE ratio usually indicates that stocks are very expensive, at least by historical standards. For context, the CAPE ratio has averaged about 16 to 17 over the last century and a half, and it has crossed the 30 marker only a handful of times, most notably during the Roaring '20s (i.e., just before the Great Depression) and the tech bubble of the late '90s.
#flashing
3 months ago
Emerald Wealth Partners, an independent ***** et and wealth management firm based in Zurich, released its Q2 2026 investor letter for the "Focused Equity Strategy." A copy of the letter can be downloaded here. The Strategy reported a 0.8% gross return for the second quarter of 2026. Equity markets rallied after the first quarter's Iran shock faded and oil prices reversed their spike, but the advance remained narrow and concentrated in cyclical semiconductor and memory stocks benefiting from supply constraints. The letter warned that investors were treating peak-cycle earnings as durable, while FOMO, IPO demand, and a US cyclically adjusted P/E ratio near 40 pointed to late-cycle market behavior. Long-term fundamentals are currently undervalued by the market, leading to underperformance in the strategy, notably due to the portfolio's avoidance of low-quality momentum-driven semiconductor stocks, which boosted the benchmark this quarter. It remains focused on enterprise infrastructure, digital platforms, custom silicon, and networking businesses that hold customer relationships, workflow data, distribution, and efficiency advantages, which could allow them to monetize AI rather than be displaced by it. Please review the Strategy's top five holdings for its key selections.
In its second-quarter 2026 investor letter, Emerald Wealth Partners Focused Equity Strategy highlighted ASML Holding N.V. (NASDAQ:ASML). ASML Holding N.V. (NASDAQ:ASML), a lithography solutions provider for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems, contributed 156 bps to the strategy's performance during the quarter. On August 4, 2026, ASML Holding N.V. (NASDAQ:ASML) closed at $1,711.89 per share. One-month return of ASML Holding N.V. (NASDAQ:ASML) was -3.21% and its shares gained 147.76% over the past 52 weeks. ASML Holding N.V. (NASDAQ:ASML) has a market capitalization of $648.21 billion.
Emerald Wealth Partners Focused Equity Strategy stated the following regarding ASML Holding N.V. (NASDAQ:ASML) in its Q2 2026 investor letter:
"ASML Holding N.V. (NASDAQ:ASML) rose 51.0%, adding 156 bps benefitting from the euphoria surrounding the semiconductor sector. Its monopoly in advanced lithography remains one of the most durable competitive positions we own. Each new generation of its machines allows chipmakers to pack more transistors into less silicon. This steady improvement in efficiency — better performance per watt, easier thermal management, a lower cost per unit of compute — is what underpins further advances in AI, and every other application where efficient chips matter."
#wealth
In its second-quarter 2026 investor letter, Emerald Wealth Partners Focused Equity Strategy highlighted ASML Holding N.V. (NASDAQ:ASML). ASML Holding N.V. (NASDAQ:ASML), a lithography solutions provider for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems, contributed 156 bps to the strategy's performance during the quarter. On August 4, 2026, ASML Holding N.V. (NASDAQ:ASML) closed at $1,711.89 per share. One-month return of ASML Holding N.V. (NASDAQ:ASML) was -3.21% and its shares gained 147.76% over the past 52 weeks. ASML Holding N.V. (NASDAQ:ASML) has a market capitalization of $648.21 billion.
Emerald Wealth Partners Focused Equity Strategy stated the following regarding ASML Holding N.V. (NASDAQ:ASML) in its Q2 2026 investor letter:
"ASML Holding N.V. (NASDAQ:ASML) rose 51.0%, adding 156 bps benefitting from the euphoria surrounding the semiconductor sector. Its monopoly in advanced lithography remains one of the most durable competitive positions we own. Each new generation of its machines allows chipmakers to pack more transistors into less silicon. This steady improvement in efficiency — better performance per watt, easier thermal management, a lower cost per unit of compute — is what underpins further advances in AI, and every other application where efficient chips matter."
#wealth
3 months ago
Shares of eBay (EBAY) inched lower on Aug. 3 after Wells Fargo's senior ******* yst Ken Gawrelski downgraded the e-commerce giant to "Underweight." In his research note, Gawrelski also lowered his price target on EBAY to $92, indicating potential downside of roughly 5% from current levels.
That said, eBay stock has been a lucrative investment in 2026, currently up nearly 35% versus its year-to-date low in mid-February.
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#gawrelski
That said, eBay stock has been a lucrative investment in 2026, currently up nearly 35% versus its year-to-date low in mid-February.
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#gawrelski
3 months ago
Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributes strong performance to the 'historic shift' in global workforce redesign, where AI is reshaping tasks rather than eliminating jobs at scale.
The company is embedding AI into the core of HCM through 'ADP **** ist' and 'The Zone' to drive operational efficiency and real-time compliance insights.
Strategic positioning is anchored in 'structural advantages,' specifically a massive data foundation of 42 million wage earners that allows for granular task-level economic **** ysis.
Lyric HCM is gaining significant traction in the enterprise market, with live clients increasing 94% year-over-year and a pipeline heavily weighted toward new logos.
#year #NVIDIA #management
Management attributes strong performance to the 'historic shift' in global workforce redesign, where AI is reshaping tasks rather than eliminating jobs at scale.
The company is embedding AI into the core of HCM through 'ADP **** ist' and 'The Zone' to drive operational efficiency and real-time compliance insights.
Strategic positioning is anchored in 'structural advantages,' specifically a massive data foundation of 42 million wage earners that allows for granular task-level economic **** ysis.
Lyric HCM is gaining significant traction in the enterprise market, with live clients increasing 94% year-over-year and a pipeline heavily weighted toward new logos.
#year #NVIDIA #management
3 months ago
Mercedes-Benz (MBG.DE) reported decent results on Tuesday, highlighting strength in its core business, but continuing weakness in China. The report comes as the German automaker's US business is under threat of a ban due to ownership stakes by Chinese companies.
In the second quarter, Mercedes reported passenger car revenue of 22.99 billion euros ($26.18 billion), down 5% compared to a year ago, with adjusted EBIT coming in at 909 million euros ($1.035 billion), down 26% year over year.
But its adjusted return on sales (similar to EBIT margin) in the car unit fell slightly to 4% from a year earlier, beating **** yst expectations per Bloomberg.
Mercedes stock trading in Germany pulled higher.
But the good news in its operations comes at a tricky time for Stuttgart-based Mercedes.
#mercedes #year #comes #down
In the second quarter, Mercedes reported passenger car revenue of 22.99 billion euros ($26.18 billion), down 5% compared to a year ago, with adjusted EBIT coming in at 909 million euros ($1.035 billion), down 26% year over year.
But its adjusted return on sales (similar to EBIT margin) in the car unit fell slightly to 4% from a year earlier, beating **** yst expectations per Bloomberg.
Mercedes stock trading in Germany pulled higher.
But the good news in its operations comes at a tricky time for Stuttgart-based Mercedes.
#mercedes #year #comes #down
