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Major ice cream brand files Chapter 11 bankruptcy after lawsuit
TheStreet3h agobearish
Major ice cream brand files Chapter 11 bankruptcy after lawsuit

Enjoying a serving of frozen dessert on a hot summer day, or at any time for that matter, has grown in popularity as ice cream store industry growth rose by 5.8% to $7.4 billion in the five years through 2025, according to IBISWorld. The industry grew by 0.9% in 2025 alone. Ice cream company ...

BofA points to crucial Walmart numbers most investors ignore
TheStreet12h agoneutral
BofA points to crucial Walmart numbers most investors ignore

Walmart (WMT) reports earnings on Aug. 20, and most of the attention will land on one figure: how much its U.S. stores sold compared with a year ago. That number matters. But Bank of America thinks investors who stop there are watching the wrong part of the business. The firm reiterated a Buy ...

Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion
24/7 Wall St.14h agoneutral
Sam Walton Gave His Kids 80% of Walmart in 1953, When It Was Worth Almost Nothing. That Single Early Move Is Why the Waltons Have Never Faced a Major Estate-Tax Bill on $250 Billion

Sam Walton made one early financial move with his family business that the IRS still allows today, and it quietly kept hundreds of billions of dollars out of reach of federal estate taxes for generations. Most families with appreciating assets never realize the same window is open to them right now.

Why Is Tether Looking Like a Central Bank?
Barrons.com23h agoneutral
Why Is Tether Looking Like a Central Bank?

Gold recent rally is mostly due to five big buyers: four central banks and Tether, a company that deals in cryptocurrency. Tether is buying for the very reasons that central banks are—to diversify its holdings and hedge against inflation and significant dollar weakness, which Tether’s crypto stablecoin USDT is pegged to. In the first half, Tether bought more than 27 metric tons of gold—matching Kazakhstan.

What Could Kroger (KR) Gain From Its New Ecommerce Chief And Texas Fresh Push?
Simply Wall St.1d agoneutral
What Could Kroger (KR) Gain From Its New Ecommerce Chief And Texas Fresh Push?

Kroger (NYSE:KR) appointed Nate Faust as Chief eCommerce Officer, drawing on his experience at Jet.com and Walmart. The company highlighted a focus on supply chain efficiency and online grocery fulfillment under Faust's leadership. BrightFarms expanded its local greenhouse grown greens into more than 1,000 Kroger stores across the Dallas area. The BrightFarms rollout increases Kroger's range of fresh and locally sourced produce options for customers in Texas. For investors watching how...

Walmart set for in-line Q2 as investors eye tariff refund plans, 2H guidance
Proactive1d agoneutral
Walmart set for in-line Q2 as investors eye tariff refund plans, 2H guidance

Walmart Inc (NYSE:WMT, XETRA:WMT) is expected to post largely in-line second-quarter results, with investor focus centered on second-half guidance, the treatment of potential tariff refunds, and how much of that money gets reinvested into pricing, according to a note from Jefferies. Analysts...

Fed Rate Hike Odds Fall As Amazon Prime Day Effect Hits Retail Sales
Investor's Business Daily1d agobearish
Fed Rate Hike Odds Fall As Amazon Prime Day Effect Hits Retail Sales

The Federal Reserve now looks somewhat unlikely to raise interest rates at either of the next two meetings after a weak July retail sales report further assuaged concerns that the economy may be overheating. Last Friday's weak jobs report and the even weaker retail sales report "are bad news for workers and consumers, but potentially good news for the stock market, because it reduces the urgency at the Fed to raise rates to fight too-high inflation," wrote Chris Zaccarelli, chief investment officer at Northlight Asset Management.

BUDA Q2 Earnings Call Highlights
MarketBeat1d agoneutral
BUDA Q2 Earnings Call Highlights

BUDA (NYSEAMERICAN:BUDA) reported second-quarter revenue growth of 26.4% as its core beverage business expanded organically and the company began selling products in 246 Walmart stores across nine states. The company also introduced its Ultra Fresh dressings line, although startup costs associated w

How Investors May Respond To Walmart (WMT) Earnings Countdown And New Exclusive Family-Focused Offerings
Simply Wall St.1d agoneutral
How Investors May Respond To Walmart (WMT) Earnings Countdown And New Exclusive Family-Focused Offerings

In recent weeks, a stream of partner announcements has brought new exclusive products and wellness offerings to Walmart stores and Walmart.com, while the retailer also prepares to report its second-quarter earnings on August 20, 2026. These launches, alongside expanding health, frozen meals, pet treats, and safety categories, highlight Walmart’s effort to broaden its appeal to families across both physical and digital channels. We’ll examine how this earnings countdown, coupled with...

Costco makes a pricing promise members need to know
TheStreet1d agoneutral
Costco makes a pricing promise members need to know

If Wendy's offers a $5 value meal that includes a sandwich, chicken nuggets, fries, and a soda, Burger King and McDonald's run the risk of losing value-based customers, even if those people prefer eating at the other two chains. Cash-strapped consumers are cutting back on spending, and that has ...

8-13-2026: Tight Ranges, Falling Yields + AI Compute Financing
NYSE2d agobearishVIDEO
8-13-2026: Tight Ranges, Falling Yields + AI Compute Financing

Eric Criscuolo, Market Strategist at the NYSE, reviews a quiet week on Wall Street marked by tight trading ranges, cooling inflation, and a major new AI financing development. The S&P 500 consolidated near all-time highs before breaking through 7,800 for the first time on Thursday, lifted in part by Nvidia's partnership with major Wall Street firms to launch a $500 billion compute financing platform. In-line CPI and a cooler-than-expected PPI pushed yields lower across the curve, with the long end finally joining the downtrend. Looking ahead, markets will turn their attention to FOMC meeting minutes, August Flash PMIs, and earnings from consumer and housing bellwethers including Walmart, Home Depot, and Deere.

Democrats Aim to Link Parasite Spread to Trump-Grower Ties
Bloomberg2d agoneutral
Democrats Aim to Link Parasite Spread to Trump-Grower Ties

Senator Elizabeth Warren is pushing the US’s top health official to detail the government’s cyclospora outbreak response in the wake of a major produce supplier’s campaign contributions to political groups tied to President Donald Trump.