17 hours ago
New vehicle sales in Thailand expanded by 17% to 58,724 units in June 2026, up from 50,079 units a year earlier, according to the latest data released by the Federation of Thai Industries (FTI). The market was driven higher by continued strong demand for passenger battery electric vehicles (BEVs), sales of which surged by 140% year-on-year to 22,275 units last month, while sales of internal combustion engine (ICE) passenger vehicles declined by 34% to 8,114 units.
The Thai domestic vehicle market continued to recover last month, supported by a pick-up in economic activity in the country in recent months. The latest government data show that GDP growth accelerated to 2.8% year-on-year in the first quarter of 2026, up from 2.5% in the fourth quarter of 2025, helped by a sharp rise in government spending and stronger private investment growth, while private consumption growth eased slightly.
In the first six months of 2026, Thailand's domestic vehicle market expanded by almost 15% to 346,966 units, from 302,694 units a year earlier. Sales of pickup trucks fell by 4% to 71,271 units in this period, while sales of light passenger vehicles increased by 22% to 261,319 units, driven mainly by a 93% surge in mostly Chinese battery electric vehicle (BEV) sales to 104,418 units and a 21% increase in hybrid electric vehicle sales to 81,502 units, while sales of internal combustion engine (ICE) passenger vehicles fell by 25% to 54,506 units.
Vehicle production in the country fell by 1% to 717,212 vehicles year-to-date, reflecting an 8% drop in exports to 421,144 units, with shipments to markets in the Middle East disrupted by the US-Iran conflict.
The FTI said it expects vehicle production in the country to reach 1.45 million units in 2026, including 550,000 for sale domestically and 900,000 for export. GlobalData is forecasting light vehicle sales to rise by 5% to 647,000 units this year, after growing by 9% to 618,000 units in 2025, followed by a 5% rise to 679,000 units in 2027.
#passenger
The Thai domestic vehicle market continued to recover last month, supported by a pick-up in economic activity in the country in recent months. The latest government data show that GDP growth accelerated to 2.8% year-on-year in the first quarter of 2026, up from 2.5% in the fourth quarter of 2025, helped by a sharp rise in government spending and stronger private investment growth, while private consumption growth eased slightly.
In the first six months of 2026, Thailand's domestic vehicle market expanded by almost 15% to 346,966 units, from 302,694 units a year earlier. Sales of pickup trucks fell by 4% to 71,271 units in this period, while sales of light passenger vehicles increased by 22% to 261,319 units, driven mainly by a 93% surge in mostly Chinese battery electric vehicle (BEV) sales to 104,418 units and a 21% increase in hybrid electric vehicle sales to 81,502 units, while sales of internal combustion engine (ICE) passenger vehicles fell by 25% to 54,506 units.
Vehicle production in the country fell by 1% to 717,212 vehicles year-to-date, reflecting an 8% drop in exports to 421,144 units, with shipments to markets in the Middle East disrupted by the US-Iran conflict.
The FTI said it expects vehicle production in the country to reach 1.45 million units in 2026, including 550,000 for sale domestically and 900,000 for export. GlobalData is forecasting light vehicle sales to rise by 5% to 647,000 units this year, after growing by 9% to 618,000 units in 2025, followed by a 5% rise to 679,000 units in 2027.
#passenger
1 day ago
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There has long been an elephant in the Federal Open Market Committee's room as it tries to accomplish its mission of promoting maximum employment and stable prices. It's just much, much bigger now, and it's hard to ignore a $2 trillion elephant.
That's roughly how much the US government is issuing in new Treasury bills and bonds each year as the country's budget deficit swells. Its massive spending problem isn't new: The US has run a deficit for more than two decades, helped along by the 2008 financial crisis and the COVID-19 pandemic. But the economy is looking relatively healthy now, with inflation down from its decades-high record in 2022, shrinking to 3.5% in June. Weekly jobless claims just dropped to their lowest level since 1969. And yet the government is still issuing increasing amounts of debt. Economists say it's unsustainable.
Reducing the federal deficit may be Congress's job, but the central bank, led by Chair Kevin Warsh, has to contend with the economic effects of Treasury borrowing as it determines whether to hike, cut or hold interest rates steady. A committee that already is split on where interest rates should head will gather this week to decide what's next as a growing chorus of experts point to the problem the federal deficit poses.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#much
There has long been an elephant in the Federal Open Market Committee's room as it tries to accomplish its mission of promoting maximum employment and stable prices. It's just much, much bigger now, and it's hard to ignore a $2 trillion elephant.
That's roughly how much the US government is issuing in new Treasury bills and bonds each year as the country's budget deficit swells. Its massive spending problem isn't new: The US has run a deficit for more than two decades, helped along by the 2008 financial crisis and the COVID-19 pandemic. But the economy is looking relatively healthy now, with inflation down from its decades-high record in 2022, shrinking to 3.5% in June. Weekly jobless claims just dropped to their lowest level since 1969. And yet the government is still issuing increasing amounts of debt. Economists say it's unsustainable.
Reducing the federal deficit may be Congress's job, but the central bank, led by Chair Kevin Warsh, has to contend with the economic effects of Treasury borrowing as it determines whether to hike, cut or hold interest rates steady. A committee that already is split on where interest rates should head will gather this week to decide what's next as a growing chorus of experts point to the problem the federal deficit poses.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#much
5 days ago
Keysight Technologies, Inc. (KEYS) provides electronic design and test solutions worldwide. The company has a market capitalization of $56 billion and operates through the Communications Solutions Group and Electronic Industrial Solutions Group segments. The company is expected to release its Q3 2026 earnings soon.
Ahead of the event, ****** ysts expect the company's EPS to be $2.16 on a diluted basis, up 40.3% from $1.54 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
Dear ****** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to ****** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
#solutions #company #group #keysight
Ahead of the event, ****** ysts expect the company's EPS to be $2.16 on a diluted basis, up 40.3% from $1.54 in the year-ago quarter. The company has exceeded Wall Street's EPS estimates in three of its last four quarters, while missing on one occasion.
Dear ****** eX Stock Fans, Mark Your Calendars for July 23
The Biggest Risk to ****** eX Stock Comes After Earnings. Here Are The Numbers You Should Keep An Eye On.
Walmart Stock's Extended Downturn Could Trigger a Possible Comeback
#solutions #company #group #keysight
6 days ago
Charles Schwab (SCHW) just posted its biggest quarter ever. Revenue hit a record $7.1 billion, up 21% from a year ago, beating Wall Street forecasts. Adjusted earnings of $1.62 per share also topped the consensus near $1.55.
The broker also opened direct Bitcoin (BTC) and Ethereum (ETH) trading for retail clients. Still, SCHW shares barely moved, trading near $102.91 after the report.
Almost every number came in strong. Net income rose 32% to $2.8 billion. Client ******* ets grew 22% to a record $13.08 trillion.
Clients did the heavy lifting. They placed a record 11.9 million trades a day, up 57% from last year. Margin balances nearly doubled to $165.1 billion, a sign clients are taking bigger swings.
There is one catch. Schwab earned 19% less per trade than a year ago, at $1.64. Sheer volume, not pricing, drove the 28% jump in trading revenue.
#billion #schwab
The broker also opened direct Bitcoin (BTC) and Ethereum (ETH) trading for retail clients. Still, SCHW shares barely moved, trading near $102.91 after the report.
Almost every number came in strong. Net income rose 32% to $2.8 billion. Client ******* ets grew 22% to a record $13.08 trillion.
Clients did the heavy lifting. They placed a record 11.9 million trades a day, up 57% from last year. Margin balances nearly doubled to $165.1 billion, a sign clients are taking bigger swings.
There is one catch. Schwab earned 19% less per trade than a year ago, at $1.64. Sheer volume, not pricing, drove the 28% jump in trading revenue.
#billion #schwab
7 days ago
Dodge & ******* Fund, an investment management company, released its second-quarter 2026 investor letter for "Dodge and ******* Stock Fund". A copy of the letter can be downloaded here. Despite volatile oil prices and rising inflation, U.S. equities reached record highs in Q2 2026, driven by a technology-led rally, particularly in memory semiconductors. The Fund's Class A shares returned 5.57%, underperforming the S&P 500 Index's 15.20% return and the Russell 1000 Value Index's 13.84% gain, mainly due to underweighting in Information Technology and weak performances from several holdings. Concerns over AI disruption negatively impacted companies with strong franchises. The Fund's bottom-up investment approach allowed it to acquire shares in industry leaders with strong long-term fundamentals. The firm believes that increased exposure to high-quality businesses and a diversified portfolio positions the Fund well for future growth. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Dodge and ******* Stock Fund highlighted its new purchase, Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On July 21, 2026, Visa Inc. (NYSE:V) closed at $355.82 per share. One-month return of Visa Inc. (NYSE:V) was 7.10%, and its shares gained 0.15% over the past 52 weeks. Visa Inc. (NYSE:V) has a market capitalization of $676.68 billion.
Dodge and ******* Stock Fund stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor update:
"During the second quarter, concerns about AI disruption led to declines in a number of companies with strong franchises and solid profitability. Our bottom-up approach led us to establish several new positions in industry leaders whose shares have lagged, and where we believe the long-term fundamentals are not fully reflected in their current prices. We initiated a position in Visa, a leader in global payments, an industry characterized by strong network effects and high barriers to entry.
Visa Inc. (NYSE:V) is expanding beyond transaction processing into fraud prevention, data ******* ytics, and digital commerce. We believe the shares are undervalued at less than 24 times forward earnings, a price that reflects investor concerns over potential regulatory headwinds, including proposed caps on credit card interest rates and fees. Given Visa's high operating margins, strong free cash flow, and growth opportunities beyond its core business, we believe investors are underestimating the durability of its competitive advantages."
#Visa #strong #technology
In its Q2 2026 investor letter, Dodge and ******* Stock Fund highlighted its new purchase, Visa Inc. (NYSE:V). Visa Inc. (NYSE:V) is a multinational financial services company known for its payment technology network that offers credit, debit, and prepaid card products and other services. On July 21, 2026, Visa Inc. (NYSE:V) closed at $355.82 per share. One-month return of Visa Inc. (NYSE:V) was 7.10%, and its shares gained 0.15% over the past 52 weeks. Visa Inc. (NYSE:V) has a market capitalization of $676.68 billion.
Dodge and ******* Stock Fund stated the following regarding Visa Inc. (NYSE:V) in its Q2 2026 investor update:
"During the second quarter, concerns about AI disruption led to declines in a number of companies with strong franchises and solid profitability. Our bottom-up approach led us to establish several new positions in industry leaders whose shares have lagged, and where we believe the long-term fundamentals are not fully reflected in their current prices. We initiated a position in Visa, a leader in global payments, an industry characterized by strong network effects and high barriers to entry.
Visa Inc. (NYSE:V) is expanding beyond transaction processing into fraud prevention, data ******* ytics, and digital commerce. We believe the shares are undervalued at less than 24 times forward earnings, a price that reflects investor concerns over potential regulatory headwinds, including proposed caps on credit card interest rates and fees. Given Visa's high operating margins, strong free cash flow, and growth opportunities beyond its core business, we believe investors are underestimating the durability of its competitive advantages."
#Visa #strong #technology
7 days ago
Praetorian Capital, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. A copy of the letter can be downloaded here. In the quarter of 2026, the Praetorian Capital Fund LLC (the "Fund") depreciated by 4.39% net of fees. The firm anticipates significant volatility from quarter to quarter due to the Fund's concentrated portfolio approach and emphasis on asymmetric opportunities. Both the Event-Driven book and the fund's core portfolio declined moderately in the quarter. The letter highlighted the market's complexity and noted a setback in the portfolio this quarter despite strong first-quarter earnings. Conversely, the letter also noted that the AI buildout represented a substantial capital misallocation. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Praetorian Capital highlighted Universal Technical Institute, Inc. (NYSE:UTI). Universal Technical Institute, Inc. (NYSE:UTI) is an educational institution that provide training and support services for students in transportation, skilled trades and healthcare education programs. On July 17, 2026, Universal Technical Institute, Inc. (NYSE:UTI) closed at $40.31 per share. One-month return of Universal Technical Institute, Inc. (NYSE:UTI) was 0.27%, and its shares gained 25.17% over the past 52 weeks. Universal Technical Institute, Inc. (NYSE:UTI) has a market capitalization of $2.25 billion.
Praetorian Capital stated the following regarding Universal Technical Institute, Inc. (NYSE:UTI) in its Q2 2026 investor update:
"Technical Colleges; Lincoln Educational Services (LINC – USA) and Universal Technical Institute, Inc. (NYSE:UTI). These two technical colleges are helping to train the next generation of skilled tradespeople and medical workers. As AI reduces the demand for office workers, many millions of existing workers must be reskilled, while high school graduates will naturally seek out better job opportunities that offer higher wages, with less career risk.
LINC and UTI are the two largest technical colleges in the US. I expect them to continue opening new campuses and growing student counts. Based on management guidance, they're both quite cheap looking out a few years, net of startup costs for new campuses. I think they'll dramatically overshoot guidance in terms of new student starts, utilization and recruitment costs, leading to substantial margin growth on relatively fixed-cost structures."
#universal #investor
In its Q2 2026 investor letter, Praetorian Capital highlighted Universal Technical Institute, Inc. (NYSE:UTI). Universal Technical Institute, Inc. (NYSE:UTI) is an educational institution that provide training and support services for students in transportation, skilled trades and healthcare education programs. On July 17, 2026, Universal Technical Institute, Inc. (NYSE:UTI) closed at $40.31 per share. One-month return of Universal Technical Institute, Inc. (NYSE:UTI) was 0.27%, and its shares gained 25.17% over the past 52 weeks. Universal Technical Institute, Inc. (NYSE:UTI) has a market capitalization of $2.25 billion.
Praetorian Capital stated the following regarding Universal Technical Institute, Inc. (NYSE:UTI) in its Q2 2026 investor update:
"Technical Colleges; Lincoln Educational Services (LINC – USA) and Universal Technical Institute, Inc. (NYSE:UTI). These two technical colleges are helping to train the next generation of skilled tradespeople and medical workers. As AI reduces the demand for office workers, many millions of existing workers must be reskilled, while high school graduates will naturally seek out better job opportunities that offer higher wages, with less career risk.
LINC and UTI are the two largest technical colleges in the US. I expect them to continue opening new campuses and growing student counts. Based on management guidance, they're both quite cheap looking out a few years, net of startup costs for new campuses. I think they'll dramatically overshoot guidance in terms of new student starts, utilization and recruitment costs, leading to substantial margin growth on relatively fixed-cost structures."
#universal #investor
9 days ago
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It turns out, there might be some justice for school teachers, who have the dubious distinction of playing a vital role in society while earning a comparatively low annual income.
That justice comes in the form of the millions of dollars that many of them consistently hold in their savings and investment accounts, according to the National Study of Millionaires, a research project by personal finance expert Dave Ramsey's company, Ramsey Solutions (1).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
It turns out, there might be some justice for school teachers, who have the dubious distinction of playing a vital role in society while earning a comparatively low annual income.
That justice comes in the form of the millions of dollars that many of them consistently hold in their savings and investment accounts, according to the National Study of Millionaires, a research project by personal finance expert Dave Ramsey's company, Ramsey Solutions (1).
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
20 days ago
U.S. Tiger Securities upgraded Coinbase Global (NASDAQ: COIN) stock.
Coinbase is the largest United States-based cryptocurrency exchange, letting retail and institutional users buy, sell, store, and trade digital ***** ets like Bitcoin (BTC) and Ethereum (ETH).
Beyond exchange services, Coinbase operates Base, an Ethereum layer-2 network, and offers staking, custody, and stablecoin infrastructure through USDC. Its revenue is closely tied to crypto trading volumes, making the stock a direct proxy for broader market sentiment.
As per ***** yst Bo Pei on July 7, the upgrade is directly related to Bitcoin's price action rather than Coinbase-specific catalysts.
The firm believes Bitcoin has likely entered the final quarter of the current bear-market process.
Coinbase is the largest United States-based cryptocurrency exchange, letting retail and institutional users buy, sell, store, and trade digital ***** ets like Bitcoin (BTC) and Ethereum (ETH).
Beyond exchange services, Coinbase operates Base, an Ethereum layer-2 network, and offers staking, custody, and stablecoin infrastructure through USDC. Its revenue is closely tied to crypto trading volumes, making the stock a direct proxy for broader market sentiment.
As per ***** yst Bo Pei on July 7, the upgrade is directly related to Bitcoin's price action rather than Coinbase-specific catalysts.
The firm believes Bitcoin has likely entered the final quarter of the current bear-market process.
27 days ago
Newmont Corporation (NEM), headquartered in Denver, Colorado, acquires, explores, and develops mineral properties. Valued at $100.9 billion by market cap, the company produces and markets gold, copper, silver, zinc, and lead. The world's leading gold company is expected to announce its fiscal second-quarter earnings for 2026 in the near term.
Ahead of the event, **** ysts expect NEM to report a profit of $2.20 per share on a diluted basis, up 53.9% from $1.43 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
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Ahead of the event, **** ysts expect NEM to report a profit of $2.20 per share on a diluted basis, up 53.9% from $1.43 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
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27 days ago
The Covid era seemingly changed the balance of power between employers and employees forever as remote work and telecommuting became the norm.
However, what was once thought to be a worker revolution actually just turned out to be the zenith of a blip in the status quo.
Workplace perks are disappearing and remote working roles are becoming harder to find, according to a new study from Kickresume, an AI-powered career-building tool, keeping employees put longer.
This new workplace trend has been dubbed "The Great Hunkering Down."
Current job market data shows there are fewer job openings. People are holding onto their jobs for longer, and have less bargaining power. As a result, companies are offering fewer perks, with many workplaces now requiring employees back in the office full-time.
However, what was once thought to be a worker revolution actually just turned out to be the zenith of a blip in the status quo.
Workplace perks are disappearing and remote working roles are becoming harder to find, according to a new study from Kickresume, an AI-powered career-building tool, keeping employees put longer.
This new workplace trend has been dubbed "The Great Hunkering Down."
Current job market data shows there are fewer job openings. People are holding onto their jobs for longer, and have less bargaining power. As a result, companies are offering fewer perks, with many workplaces now requiring employees back in the office full-time.
27 days ago
After a brutal June selloff in many of the market's biggest tech and artificial intelligence (AI) stocks, investors have started looking beyond the usual mega-cap names. With most of Big Tech trading in the red amid profit-taking and valuation concerns, the companies supplying the AI ecosystem have quietly continued to outperform.
One of these names is Jabil (JBL), a manufacturing and AI infrastructure specialist. JBL stock has soared 68% year-to-date (YTD) and 66% in the past six months alone, fueled by explosive demand for AI servers, networking equipment, and data-center infrastructure. The company reported a strong third quarter, and now investors are evaluating whether this under-the-radar AI stock still has room to run.
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One of these names is Jabil (JBL), a manufacturing and AI infrastructure specialist. JBL stock has soared 68% year-to-date (YTD) and 66% in the past six months alone, fueled by explosive demand for AI servers, networking equipment, and data-center infrastructure. The company reported a strong third quarter, and now investors are evaluating whether this under-the-radar AI stock still has room to run.
Memory Demand Sent Seagate Soaring — But This Stock Looks Even Better
Nvidia Is Still a Bargain. ****** ysts See 57% Upside in NVDA Stock.
Dear Microsoft Stock Fans, Mark Your Calendars for August 1
28 days ago
Rocket Lab (RKLB) stock soared on June 29 after the company announced a definitive agreement to acquire Iridium Communications (IRDM) for $54 per share.
As investors cheered the cash-and-stock deal that values IRDM at an enterprise value of $8 billion, RKLB rallied past its 100-day moving average (MA), signaling shifting momentum in favor of the bulls.
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This Lesser-Known Dividend Stock Is Beating the S&P 500 in 2026 and Yields More Than 3%
As investors cheered the cash-and-stock deal that values IRDM at an enterprise value of $8 billion, RKLB rallied past its 100-day moving average (MA), signaling shifting momentum in favor of the bulls.
Memory Demand Sent Seagate Soaring — But This Stock Looks Even Better
Nvidia Is Still a Bargain. ***** ysts See 57% Upside in NVDA Stock.
This Lesser-Known Dividend Stock Is Beating the S&P 500 in 2026 and Yields More Than 3%
