Pershing Square Capital Management liquidated most of its $GOOG holdings to reallocate capital to $MSFT in Q1 2026. Bill Ackman’s Pershing Square Capital Management sold 95% of its Alphabet Class A and Class C shares in Q1 2026, according to an SEC filing. The move reduced
VF Corp reported $9.6 billion in revenue for FY24, beating analyst expectations of a 1.7 percent decline. VF Corp reported a 1 percent increase in annual revenue to $9.6 billion for the fiscal year ended March 28, reversing a prior decline. Net profits reached $254 million
Lowe's beats top and bottom line estimates Lowe's reported Q1 Non-GAAP EPS of $3.03, beating estimates by $0.06. Revenue was $23.1B, a 10.4% year-over-year increase, exceeding expectations by $220M. The company's comparable sales increased 0.6%. As of May 1, 2026, L
AI-linked companies fuel a surge in convertible debt sales, doubling year-over-year issuance to $34 billion in early 2026. U.S. convertible bond issuance reached $34 billion in the first four months of 2026, more than double the same period last year. The surge is driven b
Quick Read - Schwab U.S. Dividend Equity ETF (SCHD) and monthly-pay dividend ETFs let you replace a $75,000 salary with portfolio distributions by dividing target income by yield. - High-yield portfolios may deliver today’s income while conservative approaches compound int
With the S&P 500 up 2.5% through the first half of this month, "sell in May and go away" hasn't been great advice this year. That's subject to change, but a summertime swoon might not materialize this year for a variety of reasons One is that investors will finally
Bullish investors in Delta Air Lines (NYSE: DAL) argue that the company's shift toward premium cabin revenue, loyalty programs, and income from its co-branded American Express credit card will help it consistently cover its costs, even through the industry's inevitable...
Less than a year ago, Oracle (NYSE: ORCL) was the blue-eyed boy of Wall Street, racking up a massive backlog amid strong demand for its artificial intelligence (AI) compute infrastructure. The stock reached a 52-week high on Sept. 10, 2025, following an impressive 97% jump
Nvidia's notional net short exposure remains the highest in the S&P 500 as traders hedge its AI-driven rally before Q1 results. Nvidia enters its first-quarter earnings report with the largest notional net short position in the S&P 500, reflecting heavy hedging activity de
Major European indices decline modestly as Middle East tensions weigh, while inflation figures vary across the region. European equities edged lower as persistent Middle East tensions dampened investor sentiment. The UKX fell 0.41%, the DAX dropped 0.35%, and the CAC decli
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