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Goldman Sachs added United Parcel Service to its US Conviction List in its August update, citing the completed Amazon volume transition and structural cost leverage emerging from the carrier's network redesign. UPS shares closed Friday at $104.50, up 1.3%, still about 14% below their 52-week high. The endorsement lands alongside a fresh $1.64 quarterly dividend declaration payable September 3, extending a streak of maintained or increased dividends every year since the compan

Wall Street heads into the week of August 10 perched at record levels, with the S&P 500 closing Friday at an all-time high of 7,757.64 and the Nasdaq climbing 1.3% to 26,690.62. The rally was fueled by a surprise July jobs report showing employers cut 23,000 positions, which boosted bets on a Federal Reserve rate cut in September. The next test comes Wednesday, when the July Consumer Price Index lands at 8:30 a.m. Consensus expects headline inflation to ease to 3.4% year over

Super Micro Computer shares rose about 6% Friday to $31.13 after the company unveiled new high-density, liquid-cooled AI data center racks that ship factory-integrated for rapid rack-scale deployment. The move reinforces the company's position as a core hardware supplier for the AI buildout. Adding to the momentum, AMD and Spectro Cloud introduced the AMD Instinct Coder turnkey inference solution built on Supermicro GPU systems, underscoring the company's role in enterprise A

Kroger's retail media arm, Kroger Precision Marketing, is partnering with TikTok to let advertisers use the platform's self-service tools to target ads to Kroger shoppers based on purchase data. The deal expands a data-driven advertising model the grocer already runs on YouTube through an earlier Google collaboration. Retail media has become a key profit lever for Kroger as its core grocery business faces pricing pressure from Walmart and Costco. The company is also leaning i

Hecla Mining shares have climbed from the mid-$14s to around $16.85 as of Friday, riding a silver rally that pushed the metal near $61.81 an ounce. The advance caps a strong stretch for the largest US silver producer following its second-quarter report. While Q2 revenue of $333.9 million missed consensus, the underlying operations impressed: operating cash flow jumped 61% year over year to $175 million, free cash flow doubled to $136 million, and silver output rose 8% sequent

NIO delivered 35,934 vehicles in July, a 71% increase from a year earlier, as the Chinese electric-vehicle maker continues to scale output. Year-to-date deliveries reached 227,057 vehicles, up 68% from the same period in 2025. Cumulative deliveries hit 1,224,649 vehicles as of July 31, underscoring the company's steady climb since its founding. The growth comes as competition in China's EV market intensifies, with an ongoing price war pressuring margins across the sector. Inv

Tilray Brands reported record revenue of more than $915 million for fiscal 2026, driven by a diversified mix of beverage alcohol, cannabis, and wellness products. The result marks a high-water mark for the company's multi-segment strategy. The beverage business, built through a series of craft brewing acquisitions, has become a meaningful contributor alongside the core cannabis operations, helping smooth revenue in a choppy regulatory environment. Shares traded around $4.48 F

Stocks closed higher Friday after a surprisingly weak July jobs report reinforced expectations that the Federal Reserve can keep interest rates on hold. The S&P 500 advanced 0.62% to a record close of 7,757.64, the Nasdaq Composite climbed 1.3% to 26,690.62, and the Dow Jones Industrial Average added 151.83 points, or 0.28%, to finish at 54,036.93. The Bureau of Labor Statistics reported that nonfarm payrolls fell by 23,000 in July, well below the 83,000 gain economists had e

Robinhood Markets has secured approval from the U.K. Financial Conduct Authority to offer crypto services in Britain, a milestone in the brokerage's international expansion. The clearance opens one of the largest crypto retail markets outside the U.S. to the platform. The approval lands alongside a string of growth initiatives. Robinhood is completing its acquisition of WonderFi, a Canadian crypto firm, for C$250 million, and is preparing to launch its second venture fund, ta

Riot Platforms has opened a $500 million at-the-market stock offering, raising fresh capital at a time when its bitcoin production is declining. The move extends a busy stretch for the miner, which reported second-quarter results this week amid expectations of significant losses and revenue near $149 million. The company is increasingly positioning itself as a developer of large-scale data centers rather than a pure bitcoin miner. Riot began generating revenue from a data cen

DraftKings reported mixed second-quarter results on Thursday. Revenue of $1.44 billion fell 5% year over year and missed the roughly $1.52 billion consensus, while earnings of $0.09 per share comfortably beat the $0.02 analysts expected. Adjusted EBITDA fell about 62% to $114.6 million. The shortfall was driven by customer-friendly outcomes, including the New York Knicks' NBA championship run and a string of bettor wins during the World Cup, along with higher promotional spen

Airline shares came under pressure Thursday as oil's renewed climb reignited concerns about fuel costs. American Airlines fell more than 3% and Delta Air Lines slipped about 1.3%, giving back part of the sector's recent run to multiyear highs that had been fueled by hopes of a resolution to the Iran conflict. Fuel remains the swing factor for the group's 2026 economics. Delta has said it expects fuel costs to run about $4 billion higher this year than in 2025, and carriers ac

Stocks pulled back from record territory on Thursday as a flare-up in geopolitical risk pushed oil prices higher and rekindled inflation worries. The Dow Jones Industrial Average fell 464 points, or 0.9%, to close at 53,885, snapping its record-setting win streak, while the S&P 500 slipped 0.2% to 7,709.96. Treasury yields rose alongside crude, pressuring rate-sensitive corners of the market a day after yields had eased on optimism around a potential Hormuz shipping deal. Ene

Genius Sports posted second-quarter revenue of $195.5 million on Thursday, up 64.7% from a year earlier and ahead of the company's $185 million guidance. It was the first quarter reflecting the combination with Legend, whose contribution helped the media technology, content and services division grow nearly 193% to $78.2 million. The growth came with a wider bottom-line loss: the net loss increased 42% year over year to $76.7 million, bringing the first-half loss to $132.2 mi

Hertz Global reported second-quarter results on Wednesday that came in ahead of Wall Street expectations, sending shares up roughly 11% in premarket trading. Revenue totaled $2.4 billion, up 10% from a year earlier, driven by the company's strongest second-quarter revenue per day on record outside the 2022 pandemic peak. GAAP net income was $64 million, or $0.05 per diluted share, while the adjusted net loss of $47 million, or $(0.11) per share, was far narrower than the roug

Clover Health reported second-quarter 2026 results after the close on Tuesday, posting earnings of $0.05 per share against a consensus estimate of $0.04. Revenue came in at $743.2 million for the quarter, ahead of analyst expectations of roughly $728 million. Alongside the beat, the Medicare Advantage insurer raised its full-year outlook. Management now guides to 156,000 to 158,000 average members, $2.92 billion to $3.00 billion of revenue, $525 million to $555 million of gro

AI infrastructure stocks took a beating this week, with AMD falling roughly 7% after earnings as investors questioned the capital requirements and near-term monetization of aggressive AI buildouts. Sandisk and Western Digital also saw punishing post-earnings reactions, and the Nasdaq lagged the broader market. The selloff spilled into server names, with Super Micro Computer slipping more than 4% ahead of its August 11 earnings report. The stock remains tightly tied to AI serv

Genius Sports releases second-quarter 2026 results before 8:00 a.m. ET on Thursday, with a conference call to follow. The sports data and technology company has told investors it anticipates revenue of approximately $185 million for the quarter, alongside adjusted EBITDA of around $45 million. The report lands on a busy day for sports betting, with DraftKings also set to release its second-quarter results after Thursday's close. Analysts there are looking for revenue of rough

The yield on the 10-year Treasury note slipped to around 4.6% this week, extending its retreat from an 18-month high of 4.75% as reports pointed to an imminent interim agreement between the US and Iran to reopen the Strait of Hormuz. Treasury Secretary Scott Bessent said a deal could be reached within days. Falling oil prices tied to the diplomatic progress have eased inflation concerns, and markets trimmed the odds of a September Federal Reserve rate hike to around 57%, down

Fubo reported second-quarter 2026 results that showed revenue climbing 35.8% year over year to $1.48 billion, though the figure fell short of Wall Street's expectations. Shares dropped following the release. The streaming company's GAAP loss of $0.25 per share was better than analysts had forecast, coming in about 34% ahead of consensus on the bottom line. The quarter reflects Fubo's first full periods operating alongside Hulu + Live TV following the Disney combination. On th