Key Points - Bath & Body Works beat first-quarter expectations, with net sales down 3% and adjusted EPS of $0.32, but management said the business is still under pressure and remains in a multi-year turnaround led by its Consumer First Formula strategy. - Body care was the...
Key Points - Abercrombie & Fitch posted record Q1 fiscal 2026 results, with net sales of $1.1 billion, operating margin of 8%, and EPS of $1.47 all coming in above expectations. The company also extended its streak to 14 consecutive quarters of net sales growth and kept it
Key Points - Kingsoft Cloud posted strong Q1 2026 results, with revenue up 37.2% year over year to RMB 2.7 billion and public cloud revenue rising 47.5%. Adjusted EBITDA reached RMB 748 million, with a 27.6% margin. - AI cloud became the key growth engine, contributing 50.
YieldMax NVDA Option Income Strategy ETF reduces its weekly distribution by 7.9% amid unchanged market conditions. YieldMax NVDA Option Income Strategy ETF (NVDY) declared a weekly distribution of $0.1247, down 7.9% from the prior week’s $0.1354. The move reflects adjustme
Key Points - Heidmar Maritime swung to profit in Q1 2026, reporting net income of $2.8 million versus a $6 million loss a year earlier. Revenue jumped to $18.4 million from $5.8 million, driven by stronger tanker rates and more vessels on spot and time-charter voyages. - O
Falcon Finance, the synthetic dollar protocol with $1.58 billion in USDf circulating supply, has partnered with Anchorage Digital Bank and Ceffu to launch fUSD, a U.S. dollar payment stablecoin. Positioned as GENIUS-ready, fUSD is issued by Anchorage Digital under OCC rese
DTCC plans to bring tokenized assets to Stellar in latest Wall Street blockchain push The U.S. market infrastructure giant targets connecting tokenized stocks, ETFs and Treasuries to Stellar in the first half of 2027. What to know: - Wall Street clearing giant DTCC said it
Corporación Hijos de Rivera targets Italy’s beer market growth with a new local subsidiary and expanded distribution network. Spanish beverage group Corporación Hijos de Rivera has launched Estrella Galicia Italia, a subsidiary to drive sales in Italy. The move follows str
Prior was +3 Services index xx vs +9 prior Manufacturing shipments xx vs -2 prior For background, the Federal Reserve Bank of Richmond's monthly Survey of Manufacturing Activity is one of five regional Fed surveys closely watched as early reads on U.S. factory conditions,...
Total energy exports from the United States reached a record 31 quadrillion British thermal units (quads) in 2025, 2% more than the previous record set in 2024. U.S. energy imports were 21 quads, down 5% from 2024 Taken together, net trade—total imports less total e
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