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Investing.com4d agoneutral
Trump administration imposes sweeping tariffs on foreign drone imports

Investing.com -- President Donald Trump signed a proclamation Thursday imposing aggressive tariffs on imports of unmanned aircraft systems and their critical components under Section 232 of the Trade Expansion Act. The action establishes a layered duty regime designed to curb reliance on foreign supply chains, address pressing national security concerns, and accelerate domestic production capacity across the industrial base. Under the new order, heavy industrial and military-grade drones, specif

Dow Jones bank stock hits record high on surprise jobs report
TheStreet4d agobullish
Dow Jones bank stock hits record high on surprise jobs report

The latest jobs report gave Wall Street another reason to bet big on America's largest bank. Shares of JPMorgan Chase & Co. are trading near all-time highs at the time of writing, helping lift the Dow Jones Industrial Average to record levels in August 2026. The Dow 30 bank stock touched ...

What Is Intercontinental Exchange (ICE) Signaling With Record Mortgage Equity?
Simply Wall St.4d agoneutral
What Is Intercontinental Exchange (ICE) Signaling With Record Mortgage Equity?

Intercontinental Exchange (NYSE: ICE) reports mortgage holder equity at an all time high in its latest ICE Mortgage Monitor. The report highlights the fastest annual home price growth in over a year, signaling shifts in US housing market dynamics. Rising equity levels point to stronger consumer balance sheets and growing interest in ICE's housing data and analytics platform. This surge in mortgage equity is a reminder that Intercontinental Exchange is not the only stock tied to housing and...

Is Micron (MU) Using Its New AI Fund to Quietly Redefine Its Memory Strategy?
Simply Wall St.4d agoneutral
Is Micron (MU) Using Its New AI Fund to Quietly Redefine Its Memory Strategy?

In August 2026, Micron Technology launched the Micron Ventures Paradigm Fund, a US$250 million vehicle that invests across the AI technology stack, covering model architectures, compute infrastructure, enterprise applications, and physical AI, to deepen partnerships and gain earlier insight into future memory and storage needs. By targeting startups that will shape tomorrow’s AI infrastructure, the Paradigm Fund effectively turns Micron’s venture arm into an early-warning system for shifts...

FIGS (FIGS) Is Up 32.0% After Raising 2026 Guidance And Expanding Buybacks Has The Bull Case Changed?
Simply Wall St.4d agobullish
FIGS (FIGS) Is Up 32.0% After Raising 2026 Guidance And Expanding Buybacks Has The Bull Case Changed?

In early August 2026, FIGS, Inc. reported second-quarter sales of US$196.62 million and net income of US$28.38 million, raised its full-year 2026 revenue growth guidance to about 20% versus 2025, and expanded its share repurchase authorization to US$200 million after already buying back 12,453,520 shares for US$80.8 million. The combination of faster revenue and earnings growth, higher full-year expectations, and an enlarged buyback program underscores management’s confidence in FIGS’...

How Apple’s New Houston AI Manufacturing Hub Could Reshape the AAPL Investment Narrative
Simply Wall St.4d agoneutral
How Apple’s New Houston AI Manufacturing Hub Could Reshape the AAPL Investment Narrative

Apple recently opened its Advanced Manufacturing Center in Houston, a 20,000-square-foot facility that offers free smart-manufacturing training to U.S. small- and medium-sized businesses while co-locating production of advanced AI servers and upcoming Mac mini assembly. The center extends Apple’s American Manufacturing Program beyond Detroit’s Apple Manufacturing Academy, directly linking its AI server operations with hands-on workforce development for suppliers, entrepreneurs, and local...

Does Citi’s Earnings Beat and Aegon Mandate Change The Bull Case For Citigroup (C)?
Simply Wall St.4d agobullish
Does Citi’s Earnings Beat and Aegon Mandate Change The Bull Case For Citigroup (C)?

Citigroup recently reported second-quarter 2026 earnings per share of US$3.15, above estimates, alongside multiple new fixed‑income offerings and further expansion of its institutional and consumer franchises through mandates, acquisitions and leadership hires. By securing a full middle office mandate from Aegon Asset Management covering US$380.00 billion in assets and agreeing to acquire rewards platform Kard Financial, Citi is deepening its role in both large‑scale institutional...

QXO, Inc. (QXO) Misses Q2 Earnings Estimates
Zacks4d agobearish
QXO, Inc. (QXO) Misses Q2 Earnings Estimates

QXO INC (QXO) delivered earnings and revenue surprises of -11.11% and +3.06%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

DLocal (DLO) Misses Q2 Earnings Estimates
Zacks4d agobearish
DLocal (DLO) Misses Q2 Earnings Estimates

DLocal (DLO) delivered earnings and revenue surprises of -10.00% and +11.07%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

BranchOut Food Q2 Earnings Call Highlights
MarketBeat4d agoneutral
BranchOut Food Q2 Earnings Call Highlights

BranchOut Food (NASDAQ:BOF) reported record quarterly net revenue of $4.45 million, while management said investments tied to customer acquisition, expedited shipping and high-cost raw materials weighed on gross margin during the period. Chief Financial Officer John Dalfonsi said the company’s stra

Applied Materials Q3 Earnings Call Highlights
MarketBeat4d agoneutral
Applied Materials Q3 Earnings Call Highlights

Applied Materials (NASDAQ:AMAT) reported record fiscal third-quarter 2026 results, with revenue, operating profit and non-GAAP earnings per share reaching new highs as demand for AI-related semiconductor manufacturing equipment continued to strengthen. President and CEO Gary Dickerson said the comp

GuruFocus.com4d agoneutral
David Abrams's Top Second Quarter 2026 Move: Alphabet Inc at a -3.07% Portfolio Impact

David Abrams (Trades, Portfolio), founder and CEO of Abrams Capital Management, recently submitted his 13F filing for the second quarter of 2026, revealing key adjustments to his concentrated portfolio. Abrams established the Boston-based firm in 1999 after a decade working alongside Seth Klarman (Trades, Portfolio) at Baupost Group. David Abrams (Trades, Portfolio) reduced his position in one stock during the quarter, with the most significant change being a reduction in Alphabet Inc (NASDAQ:GOOGL).

Reddit Will Join the S&P 500. The Stock Jumps 11%.
Barrons.com4d agoneutral
Reddit Will Join the S&P 500. The Stock Jumps 11%.

Reddit will replace AvalonBay Communities before the opening of trading on Tuesday, according to S&P Dow Jones Indices, which oversees the index. The change was prompted by Equity Residential’s coming acquisition of AvalonBay, a large owner of multifamily housing.

Best banks in California in 2026
Bankrate4d agoneutral
Best banks in California in 2026

California is a large state, and so is your list of banking options in the Golden State. Truth is, there’s no one “best” bank — the best option is the one that fits your specific needs. But we’ve [...]