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Coca-Cola shares broke above $90 for the first time on Tuesday, reaching $90.35 and taking out the prior 52-week high set on July 29. The stock is up roughly 25% in 2026, far outpacing the broader consumer staples group. The rally builds on stronger-than-expected second-quarter results and a raised full-year outlook, which eased concerns that years of price increases might eventually weaken demand. Defensive names have also benefited as investors rotate away from richly value

Clover Health reached a milestone in its second quarter, reporting GAAP net income of $28 million — its first profitable quarter on that basis — alongside a 55.6% year-over-year jump in revenue. The result marks a $39 million improvement from the prior year's net loss. Adjusted EBITDA came in at $41 million, and shares jumped after hours following the report as results topped forecasts. The Medicare Advantage insurer credited its AI-powered Clover Assistant platform for impro

Nike shares fell to a 12-year low this week, closing at $39.09 on Monday before recovering modestly to around $40 by Tuesday. The stock now trades roughly 78% below its 2021 peak after JPMorgan downgraded shares to Underweight, cutting its price target to $40 and warning that CEO Elliott Hill's turnaround decisions will pressure earnings into fiscal 2028. The pressure is concentrated in China, where Nike has posted eight consecutive quarters of falling Greater China revenue a

Minutes from the Federal Reserve's July meeting, released Wednesday afternoon, showed many participants assessed that policy tightening would likely be necessary if inflation did not decline. The committee left rates unchanged at 3.50%-3.75% in July, but the decision drew three dissents, with regional presidents Logan, Hammack and Kashkari each voting for a quarter-point hike. Stocks shrugged off the hawkish tone, with the S&P 500 adding 0.21% to close at 7,707.98 and the Dow

Walmart reported second-quarter results before the bell Thursday, extending its streak of revenue beats to 26 straight quarters and raising its full-year guidance. Analysts had projected earnings near the top of management's $0.72 to $0.74 range, and the retailer's return to its beat-and-raise playbook was led by strong digital sales. Operating income grew faster than revenue, in line with guidance for 7% to 10% adjusted operating income growth against 4% to 5% net sales grow

U.S. equities closed lower Tuesday as the 30-year Treasury yield climbed to its highest level in nearly two decades. The Dow Jones Industrial Average fell 272.63 points, or 0.5%, to 53,459.78. The S&P 500 slipped 40.7 points, or 0.5%, to 7,745.06, and the Nasdaq Composite lost 84.25 points, or 0.3%, to 26,644.91. Semiconductors took the brunt of the selling, with a closely watched chip gauge falling about 5% as investors questioned valuations across AI-linked names. Rising oi

Tyson Foods is consolidating its beef operations. The company said it will close facilities in Joslin, Illinois, and Eagle Mountain, Utah, pursue a sale of its Pasco, Washington plant, and concentrate beef processing around three central U.S. sites. The moves follow an August 3 warning that losses in the beef segment would widen further. Tyson now forecasts an adjusted operating loss of $500 million to $650 million in its fiscal 2026 beef business, up from a prior range of $3

Virgin Galactic disclosed that the U.S. District Court for the Eastern District of New York granted final approval on August 14 to a settlement resolving two consolidated shareholder derivative lawsuits. The company will receive a $2.75 million insurance-funded payment, retaining roughly half, with the remainder directed to plaintiffs' counsel. The settlement is funded by insurance rather than the company's balance sheet, so the cash impact is modest in either direction. Its

Chevron shares trade ex-dividend today on a quarterly payout of $1.78 a share, the latest installment in a distribution the company has prioritized through a volatile stretch for crude. The stock has been pressured by swings in oil prices even as the broader energy complex firmed this week on renewed Middle East supply concerns. Separately, Chevron disclosed an oil and gas discovery offshore Angola, adding a resource that could support production growth in a region where the

Home Depot reported fiscal second-quarter sales of $47.86 billion on Tuesday, up 5.7% and ahead of the roughly $47.27 billion analysts expected. Adjusted earnings of $4.92 a share topped the $4.73 consensus, and the company reaffirmed its full-year guidance. Shares rose about 2% in premarket trading before the broader market turned lower. The composition of the beat matters more than the headline. Management said repair and maintenance demand carried the quarter while big-tic

Kroger has appointed Nate Faust as Executive Vice President and Chief eCommerce Officer, elevating digital operations as the grocer works to reset its strategy following the collapse of its proposed merger with Albertsons. The company also scheduled its second-quarter conference call with investors, putting a near-term checkpoint on the plan. The appointment addresses one of the clearer pressure points in the business. Kroger has been contending with softer store foot traffic

DraftKings has launched a $600 million Term Loan B facility, adding to its balance sheet roughly a week after reporting second-quarter results that showed profitability improving even as revenue declined. The financing gives the sportsbook operator additional flexibility as it funds product expansion and marketing into the autumn sports calendar. For the June quarter, DraftKings reported earnings of $0.09 per share against consensus of $0.03, while revenue of $1.44 billion fe

Silver settled just under $65 an ounce late last week, a level that has materially widened the margin cushion for North American miners heading into the second half of 2026. The strength reflects continued tightness in physical supply alongside investor demand for precious metals amid elevated geopolitical risk. Hecla Mining shares advanced 3.6% on the move. The company lifted second-quarter silver production 8% sequentially to 4.2 million ounces, with consolidated cash costs

NIO delivered 35,934 vehicles in July, a 71% increase from the same month last year and one of the strongest monthly figures in the company's history. The total broke down to 20,008 units from the core NIO brand, 10,155 from ONVO, and 5,771 from FIREFLY, underscoring how quickly the multi-brand strategy has scaled. Year to date through July, the Chinese automaker has delivered 227,057 vehicles, up 68% year over year, bringing cumulative deliveries since inception to 1,224,649

Robinhood Markets rolled out no-fee cryptocurrency trading in the United Kingdom this week, giving British customers direct access to more than 50 digital assets through the company's Bitstamp UK subsidiary. The launch marks one of the broader international expansions Robinhood has attempted since acquiring the exchange, and extends a business line that has been a meaningful contributor to trading revenue at home. The move landed alongside the market debut of Robinhood Ventur

US stock futures were mixed Monday morning as investors positioned ahead of a heavy slate of retail earnings. Dow Jones Industrial Average futures slipped 0.1% and S&P 500 contracts traded near flat, while Nasdaq-100 futures rose 0.4%. The S&P 500 posted its third consecutive weekly gain last week. Traders have reduced the odds of a September rate increase to less than one-third following mixed inflation and employment data. A 25-basis-point cut is now widely expected at the

Super Micro Computer shares rose 11.2% following fiscal fourth-quarter results and a fiscal 2027 revenue forecast of $65 billion to $72 billion. Fourth-quarter revenue of $11.1 billion came in below Wall Street expectations, while adjusted earnings of $1.70 per share beat the $0.96 consensus. The company pointed to a backlog exceeding $60 billion as the basis for its guidance, reflecting demand for AI server infrastructure. Shares traded between $38.73 and $40.60 on August 16

American Airlines announced seven executive changes on August 12 as management moves to reset strategy and address persistent profitability shortfalls. The reshuffle follows a second quarter in which the carrier posted net income of $71 million, down 88% from the prior-year period. The results stand in sharp contrast to Delta Air Lines, which generated $1.6 billion in profit over the same quarter, opening a gap of roughly $1.5 billion between the two carriers. American report

The Drug Enforcement Administration set today, August 17, as the cutoff for post-hearing submissions on moving cannabis from Schedule I to the less restrictive Schedule III classification. The deadline has drawn renewed attention to cannabis equities, with Tilray Brands among the most actively traded names in the sector. Options activity in Tilray has spiked ahead of the cutoff, with data services flagging unusually active options classes at recent market opens. The stock non

Riot Platforms has signed a 20-year agreement to supply 191 megawatts of computing capacity to Anthropic, in a deal valued at roughly $9.1 billion. The capacity will come from Riot's Rockdale, Texas facility and is expected to be brought online in phases through June 2028. The agreement is expected to generate approximately $457 million in annual recurring revenue once fully deployed, giving the former pure-play bitcoin miner a long-dated contracted revenue stream tied to art