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Tepid outlook weighs on Nike despite tariff refund boost
AFP48d agoneutral
Tepid outlook weighs on Nike despite tariff refund boost

Nike earnings released Tuesday were lifted by a hefty US tariff refund, but weak sales in China and a tepid forecast weighed on shares.But company officials said sales had picked up in June, citing a lift from the World Cup, as well as the pullback in gasoline prices after the US-Iran memorandum of understanding on ending the war.

Carnival (CCL) Completes Celebration Key Expansion With Room For 13,000 Daily Guests
Simply Wall St.48d agoneutral
Carnival (CCL) Completes Celebration Key Expansion With Room For 13,000 Daily Guests

Carnival (NYSE:CCL) has completed a major expansion of its exclusive Celebration Key destination in The Bahamas. The upgraded pier now accommodates four ships, with capacity for up to 13,000 guests per day. The development supports an estimated 700,000 additional annual arrivals and is projected to contribute thousands of jobs and billions in local GDP and government revenue over the next two decades. Carnival is one of the largest global cruise companies, and Celebration Key is central to...

Investing.com48d agobullish
Nike beats quarterly estimates as tariff recovery lifts profit

Investing.com -- Nike beat Wall Street estimates for fourth-quarter revenue and adjusted profit on Tuesday, helped by growth in its wholesale business and a one-time tariff-related benefit, even as its direct-to-consumer business remained under pressure.

Costco vs. Target: One Retailer Is A Much Stronger Buy In 2026
24/7 Wall St.48d agobullish
Costco vs. Target: One Retailer Is A Much Stronger Buy In 2026

Costco (NASDAQ:COST) and Target (NYSE:TGT) both delivered post-earnings stories that capture the split running through American retail. Costco posted 11.6% revenue growth on the back of a membership cash engine. Target turned in a 17.03% EPS beat, yet operating income fell. With sticky June inflation and dwindling personal savings squeezing households, the contrast matters. Membership ... Costco vs. Target: One Retailer Is A Much Stronger Buy In 2026

Ford Recalls More Than 740,000 Vehicles Over Transmission Issue
The Wall Street Journal48d agobearish
Ford Recalls More Than 740,000 Vehicles Over Transmission Issue

Ford Motor is recalling more than 740,000 vehicles due to a transmission and parking system issue, federal regulators said. The recall covers 741,195 vehicles, the National Highway Traffic Safety Administration said. Dealers will update vehicle software and inspect and replace any damaged transmission components free of charge, the NHTSA said.

JPMorgan’s $4 Million ‘Salami Incident’ Is Fueling a Backlash From Banks
The Wall Street Journal48d agoneutral
JPMorgan’s $4 Million ‘Salami Incident’ Is Fueling a Backlash From Banks

It turned into a Wall Street punchline, but big banks aren’t laughing. After JPMorgan fired a wealth manager for expensing a $642.50 Super Bowl platter, the employee claimed he was wrongfully terminated, saying he had intended the spread of deli meats and cookies for clients who didn’t show up. JPMorgan filed a motion late Monday in a California federal court to vacate the award to its former wealth adviser, Brent Ryan Bodner, over the deli meats gone awry.

Morgan Stanley’s CIO: Chip Stocks Following Rare Earths and Gold As Next “Commodity Boom.” Here’s Why That Should Worry You.
24/7 Wall St.48d agoneutral
Morgan Stanley’s CIO: Chip Stocks Following Rare Earths and Gold As Next “Commodity Boom.” Here’s Why That Should Worry You.

Morgan Stanley’s Chief Investment Officer and Chief U.S. Equity Strategist Michael Wilson appeared on CNBC this morning with a framing that should give every AI-chip investor pause. The 2026 semiconductor rally, in his read, looks like the next leg of a commodity rotation set off by Fed money printing, with the AI structural story riding ... Morgan Stanley’s CIO: Chip Stocks Following Rare Earths and Gold As Next “Commodity Boom.” Here’s Why That Should Worry You.

Treasury Yields Rise Ahead of U.S. Labor Data
Barrons.com48d agoneutral
Treasury Yields Rise Ahead of U.S. Labor Data

Treasury yields rise, on path for a quarterly increase. An agreement to fully restore shipping through the Strait of Hormuz remains elusive and oil prices edge higher. Fed funds futures price at least one Fed hike this year, according to CME.

Quantum Computing Just Hit Commercial Viability and Trump’s $2 Billion Quantum Push Has These 3 ETFs Sitting on Top of the Trade
24/7 Wall St.48d agoneutral
Quantum Computing Just Hit Commercial Viability and Trump’s $2 Billion Quantum Push Has These 3 ETFs Sitting on Top of the Trade

The Commerce Department’s $2 billion in planned CHIPS R&D funding for nine quantum companies, announced in May, gave the quantum computing trade something it lacked for a decade: a federal balance sheet behind it. Three exchange-traded funds capture the trade from different angles. The Defiance Quantum ETF (NASDAQ:QTUM) is the closest thing to a pure-play. ... Quantum Computing Just Hit Commercial Viability and Trump’s $2 Billion Quantum Push Has These 3 ETFs Sitting on Top of the Trade

3 Resilient Defense Stocks to Buy Now
24/7 Wall St.48d agobullish
3 Resilient Defense Stocks to Buy Now

Defense primes are doing what they were built to do: compound through political noise. With the FY2027 Department of War budget request landing at $1.45 trillion, a $440.9 billion or 44% increase from the FY 2026 enacted level, and NATO members committing to 5% of GDP on defense by 2035, the multi-year demand picture has ... 3 Resilient Defense Stocks to Buy Now

June Markets in Focus: Dissecting the Memory Trade + Rotation Out of Tech
NYSE48d agoneutralVIDEO
June Markets in Focus: Dissecting the Memory Trade + Rotation Out of Tech

Phil Rosen goes Inside The ICE House to explain how Micron’s blockbuster earnings are reinforcing the strength of the AI-driven memory trade and broader tech rally. He breaks down why investors remain bullish even as rising chip costs begin to pressure consumer-facing companies and create uneven outcomes across the market. Rosen also frames the recent tech sell-off as a healthy rotation into defensive sectors rather than a broader market breakdown. He discusses Fed Chair Kevin Warsh’s uncertain policy stance, with markets still searching for clarity on rates.

Investing.com48d agoneutral
Wolfe sees higher memory prices adding to U.S. inflation pressures

Investing.com -- Wolfe Research said surging memory chip prices driven by the artificial intelligence buildout have already added meaningfully to core inflation, with further upside likely as costs continue to filter through the consumer electronics supply chain.

Bloomberg48d agoneutral
Trump Tariff Defeat Is Market Tailwind ‘No One Is Talking About’

(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boos

2 Financials Stocks to Target This Week and 1 We Ignore
StockStory48d agoneutral
2 Financials Stocks to Target This Week and 1 We Ignore

Financial providers use their expertise in capital allocation and risk assessment to help facilitate economic growth while offering consumers and businesses essential financial services. Still, investors are uneasy as companies face challenges from an unpredictable interest rate and inflation environment. These doubts have caused the industry to lag recently as financials stocks have collectively shed 2.4% over the past six months. This performance was disappointing since the S&P 500 climbed 6.1

Leidos (LDOS) Partners with The Modern Data Company to Unify Federal Agency Data for AI
Insider Monkey48d agoneutral
Leidos (LDOS) Partners with The Modern Data Company to Unify Federal Agency Data for AI

Leidos Holdings Inc. (NYSE:LDOS) is one of the oversold tech stocks to buy now. On June 25, Leidos partnered with The Modern Data Company to help federal agencies unify fragmented data for AI and analytics without requiring extensive system overhauls. By integrating Modern Data’s DataOS into Leidos’ HeadWay Mission OS, the collaboration creates a secure […]

JPMorgan doubles down on economy, inflation outlook
TheStreet48d agoneutral
JPMorgan doubles down on economy, inflation outlook

JPMorgan's chief global economist Bruce Kasman titled the bank's mid-year outlook "Promise and Pressure." He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second ...