Barclays cites Lumentum’s expanding margins and valuation pullback while downgrading Allegro and Penguin on sector risks and margin pressures. Barclays upgraded Lumentum (LITE) to Overweight from Equal Weight, highlighting expanding gross margins, improved factory utilizat
Costco reports $70.53 billion in Q3 revenue, driven by 11% membership fee growth and a 90% renewal rate. Costco posted Q3 FY2026 revenue of $70.53 billion, up 11.58% year over year, with net income rising 15.19% to $2.19 billion. Membership fees reached $1.37 billion, a 10
Quick Read - COST earns a BUY rating with a $1,042 price target representing roughly 10% upside, driven by 90% model confidence and accelerating digital comp growth. - WMT trades cheaper on forward earnings but grows at half Costco's pace, and BJ's lagging membership gains make...</strong
Rising credit delinquencies and living costs drive a sharp increase in debt collection lawsuits, overwhelming consumers who often fail to respond. Debt collectors are securing default judgments in 70% of lawsuits, as most defendants do not appear in court. The trend follow
Quick Read - A $1.6M 401(k) growing 7% annually reaches $4.4M by RMD age, pushing the first $166,000 withdrawal into a near-40% effective tax rate. - Converting $200,000 pre-tax to Roth at 32% costs $64,000 upfront but eliminates roughly $122,000 in future RMD taxes, netting...</
Quick Read - SK Hynix jumped 5%, AMD gained 4%, and INTC added 2% in a risk-on rebound after Intel shares had fallen 22% over the past month. - The SOXX ETF climbed 3% and the KORU ETF rose 5% as the KOSPI, which is down 25% from its June peak, hit a two-year high correlation...<
L1 Capital’s International Fund returned 2.6% in Q2 2026, lagging its benchmark amid narrow market conditions and Microsoft’s execution concerns. L1 Capital’s International Fund posted a 2.6% net return in Q2 2026, underperforming its benchmark’s 12.5% gain. The fund attri
Bitmine reduced Ethereum purchases to 7,430 ETH last week while repurchasing $86 million in stock, nearing its 5% supply target. Bitmine scaled back its Ethereum acquisitions last week, adding only 7,430 ETH valued at $14 million as it allocated capital to a $86 million sh
The world’s largest chipmaker increases U.S. capital commitment as AI-driven demand drives multi-year capacity expansion. Taiwan Semiconductor Manufacturing Co. will inject an additional $100 billion into its Arizona operations, lifting total planned investment to $265 bil
Estee Lauder and Nextpower join Goldman Sachs' July Conviction List, targeting 63% and 22% upside respectively. Goldman Sachs added two stocks to its July Conviction List, projecting significant upside potential. Estee Lauder (EL) is expected to reach $100, driven by innov
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