JHVEPhoto Academy Sports and Outdoors ( NASDAQ: ASO ) shares jumped more than 10% to $57.09 on Tuesday after the retailer reported stronger-than-expected fiscal first-quarter 2026 results and raised the low end of its full-year outlook. Before the results, the stock had already delivered a 12.99% YTD return, outperforming the S&P 500's ( SP500 ) 8.18% gain. However, according to a recent Seeking A...
JHVEPhoto Academy Sports and Outdoors ( NASDAQ: ASO ) shares jumped more than 10% to $57.09 on Tuesday after the retailer reported stronger-than-expected fiscal first-quarter 2026 results and raised the low end of its full-year outlook. Before the results, the stock had already delivered a 12.99% YTD return, outperforming the S&P 500's ( SP500 ) 8.18% gain. However, according to a recent Seeking Alpha analysis , investors remained concerned about muted same-store sales and whether rising energy prices could pressure consumer spending. Those concerns eased after Academy Sports and Outdoors posted Q1 sales of $1.44B, up 6.7% YoY, driven by higher customer traffic and larger average ticket sizes. Comparable sales rose 2.9%, while eCommerce revenue climbed 17.4%. New stores also delivered positive, high-single-digit comparable growth. Moreover, adjusted EPS increased 22.4% to $0.93, while adjusted free cash flow improved 14.2% to $121.6M. CEO Steve Lawrence said, "We were pleased with the continued improvement in our results in Q1, with total sales up 6.7%, driven by increases in both traffic and average ticket." Following the strong quarter, the company raised the low end of its 2026 guidance . It now expects net sales of $6.23B-$6.36B and adjusted EPS of $6.40-$6.80. Comparable sales are now expected to range from flat to up 2%, an improvement from the prior outlook of down 1% to up 2%. Moreover, CFO Carl Ford said the updated guidance reflects confidence in the company's growth initiatives but added that management expects consumers to remain under pressure throughout 2026 due to inflation and broader macroeconomic challenges. Despite a Hold-rated 2.75 Quant score, Seeking Alpha analysts and Wall Street maintain a Buy view with a 3.94 rating. More on Academy Sports and Outdoors Academy Sports and Outdoors: Sales Acceleration Supports Further Upside Academy Sports: A 16-Week Momentum Reversal Changes The Thesis (Earnings Preview) Academy Sports: Valuation Discount And...
地中海快餐连锁品牌CAVA周二公布了2026年大规模扩张计划，宣布将在全美招聘超过2500名新团队成员，同时开设超过75家新餐厅，为社区带来更多就业机会。 此次招聘行动是CAVA全新推出的“Flavor Your Future”人才发展平台的一部分。该平台旨在通过投资内部成长、领导力发展和社区就业机会，在“地中海式待客之道”中建立有意义、长期的职业路径。CAVA首席人事官Kelly Costanz...
Artmim/iStock via Getty Images I first shared my thoughts on Costamare Bulkers ( CMDB ) last October . At the time, I argued that the company looked like a much cleaner spin-off than its dry bulk history deserved. However, it was not a stock I wanted to own. Since then, the stock is up roughly 25%, in line with the upward trend in dry bulk rates. Still, better industry conditions haven't changed m...
Artmim/iStock via Getty Images I first shared my thoughts on Costamare Bulkers ( CMDB ) last October . At the time, I argued that the company looked like a much cleaner spin-off than its dry bulk history deserved. However, it was not a stock I wanted to own. Since then, the stock is up roughly 25%, in line with the upward trend in dry bulk rates. Still, better industry conditions haven't changed my view, and CMDB isn't the stock I would go for dry bulk exposure. Hotter Dry Bulk Market Helped With most of CMDB's bulkers running on index-linked charter agreements, the company has benefited from the recent surge in dry bulk rates. It's refreshing to see this because when the company was buried inside Costamare ( CMRE ), dry bulk felt like an expensive detour from the highly profitable containership business. The timing of entering dry bulk was awkward, as industry conditions were soft and the business itself wasn't profitable. Also, the trading book business added a hardly-needed layer of volatility that made the whole investment case hard to love. Now, with rates surging, CMDB's latest results were somewhat brighter. Total voyage revenue was $111.5 million, while operating income was $13.8 million. It's not a spectacular performance, but after the ugly opening act last year, it is a meaningful change of temperature. Rates benefited from activity and inefficiencies but also were shaped by geopolitics. Specifically, Capesize rates benefited from iron ore and bauxite volumes, with West Africa-to-China flows giving ton-mile demand a lift. Panamaxes benefited from Brazil’s record soybean harvest and longer-haul soybean shipments. This was following the U.S.-China agreement reached late last year. Supramaxes also had a decent start, helped by grain and minor bulk flows, even though Persian Gulf exports were hit by the closure of the Strait of Hormuz. Dry Bulk Index (tradingeconomics.com/commodity/baltic) Since then, the dry bulk index has rallied further, which means that w...
The EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries out an antitrust probe, or risk a heavy fine.The EU had warned Meta it faced interim measures if it did not open WhatsApp to rival AI assistants in February.
The EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries out an antitrust probe, or risk a heavy fine.The EU had warned Meta it faced interim measures if it did not open WhatsApp to rival AI assistants in February.
Young sprinter is ready to take on the ‘big boys’ for the first time as he takes life in the spotlight in his stride Life comes at you fast, especially when you are Gout Gout. In April, the 18-year-old prodigy became the fastest teenager over 200m in history. Then last month, he finally got his own bedroom for the first time, having bought his family a new six-bedroom house in Brisbane. Now, in Os...
Young sprinter is ready to take on the ‘big boys’ for the first time as he takes life in the spotlight in his stride Life comes at you fast, especially when you are Gout Gout. In April, the 18-year-old prodigy became the fastest teenager over 200m in history. Then last month, he finally got his own bedroom for the first time, having bought his family a new six-bedroom house in Brisbane. Now, in Oslo on Wednesday, he is one of the headline acts in his first senior Diamond League race. Excited? You bet he is. “It’s definitely a special event, knowing that it’s my first race against the big boys,” he says, with a smile that lights up a drab summer’s day. “It’s a different ballgame for sure.” Continue reading...
nesneJkraM/E+ via Getty Images Flex ( FLEX ) is being re-rated as a future compounder tied to AI power, cooling, and data-center deployment. The real engine of the business right now is Cloud and Power Infrastructure ("CPI"), which grew 38% due to high demand for cloud, cooling, and power systems. This segment is planned for a spin-off in Q1 2027, which would separate the AI infra platform from st...
nesneJkraM/E+ via Getty Images Flex ( FLEX ) is being re-rated as a future compounder tied to AI power, cooling, and data-center deployment. The real engine of the business right now is Cloud and Power Infrastructure ("CPI"), which grew 38% due to high demand for cloud, cooling, and power systems. This segment is planned for a spin-off in Q1 2027, which would separate the AI infra platform from steadier advanced manufacturing in RemainCo. Before the spin, you would own FLEX; after the spin, you would still own FLEX, but you would receive shares in the new CPI/SpinCo entity on a pro rata basis. Flex has just been chosen to join the S&P 500 on June 22, 2026, as the consolidated company, while the CPI spin-off is expected in Q1 calendar 2027. Once CPI is separated, FLEX's market cap will drop because part of the value moves into SpinCo. FLEX likely remains viable if RemainCo is still suitable for S&P 500 inclusion, according to the S&P 500 committee decision. S&P 500 Inclusion Flex was already in the S&P MidCap 400, but the market value moved far beyond that range when investors re-rated the business around AI data-center infrastructure. S&P 500 candidates have to live in the large-cap range. Flex's $57B market cap is now well above the current $22.7B threshold. The S&P 500 is recently increasingly becoming dominated and shaped by companies that enable AI, compute, power, cooling, and digital infrastructure. Flex is an obvious addition because the CPI segment gives it exposure to the physical layer of AI deployment. This is a bigger step than most people realize, because S&P 500 inclusion brings passive demand, deeper ownership, and institutional validation. The real value creation still comes from operating execution. If CPI can scale and the planned SpinCo achieves a durable AI infrastructure multiple, with RemainCo achieving durable cash flow after separation, then I see FLEX as a winner. The Flexible Moat Flex is not peripheral chatbot wrapper hype. The company is ...
Tata Consultancy Services Ltd. , Asia’s largest outsourcer, will reduce hiring going ahead as it steps up the use of artificial intelligence agents, marking a pivotal shift in India’s labor-intensive outsourcing industry. “The company will have an equal number of AI workers — we call them AI agents — as there are employees. If the company has half a million employees, the day is not far when the c...
Tata Consultancy Services Ltd. , Asia’s largest outsourcer, will reduce hiring going ahead as it steps up the use of artificial intelligence agents, marking a pivotal shift in India’s labor-intensive outsourcing industry. “The company will have an equal number of AI workers — we call them AI agents — as there are employees. If the company has half a million employees, the day is not far when the company will have half a million AI agents,” Tata Group Chairman Natarajan Chandrasekaran said at TCS’ annual general meeting Tuesday. For decades, India’s $315-billion software services industry, led by TCS and smaller rival Infosys Ltd. , thrived on labor arbitrage, transforming the country into the world’s backoffice. AI now threatens to upend that model, clouding career prospects for IT engineers — a dream job for millions of aspirational middle-class households. Rapid technology changes have already begun showing effect at TCS, which last year cut 12,000 jobs. The company currently employs just under 600,000 people. Asia’s largest outsourcer is now beginning to pivot toward high-margin businesses. It already has an agreement with OpenAI to build AI data centers and is nearing additional deals with other tech giants, Chief Executive Officer K. Krithivasan told Bloomberg News previously. On Tuesday, Chandrasekaran, who previously served as TCS’ CEO for more than seven years, said AI will also create new jobs. “Will it definitely lead to decrease in hiring — absolutely. That does not mean there are no future opportunities. Once the transition happens, the AI world will produce so much more opportunities, there will be new talent that will be required,” he said. TCS AI revenue crossed an annualized $2.3 billion in the fiscal fourth quarter through March 2026. By 2028 to 2030, all of TCS’ revenue will have an AI component, said Chandrasekaran.
Apple (AAPL) showcased its new AI-powered Siri (Siri AI) at its 2026 Worldwide Developers Conference (WWDC), a long-awaited entry into the AI race from the iPhone maker as it offers a more personal style of digital assistant. Creative Strategies CEO and principal analyst Ben Bajarin speaks with Julie Hyman about Apple's strategy to bring AI to the mainstream for its consumers. This was Tim Cook's ...
Apple (AAPL) showcased its new AI-powered Siri (Siri AI) at its 2026 Worldwide Developers Conference (WWDC), a long-awaited entry into the AI race from the iPhone maker as it offers a more personal style of digital assistant. Creative Strategies CEO and principal analyst Ben Bajarin speaks with Julie Hyman about Apple's strategy to bring AI to the mainstream for its consumers. This was Tim Cook's final WWDC as Apple CEO before he steps down this September, transitioning into an executive chairman role.
Oselote Silver ( XAGUSD:CUR ) has come under significant pressure on Tuesday, extending a recent downturn and pushing the precious metal below a key long-term technical threshold. The move marks the first time silver has traded beneath its 200-day moving average since mid-April 2025, highlighting a notable deterioration in momentum after months of weakness. The metal was trading at $67.130/oz duri...
Oselote Silver ( XAGUSD:CUR ) has come under significant pressure on Tuesday, extending a recent downturn and pushing the precious metal below a key long-term technical threshold. The move marks the first time silver has traded beneath its 200-day moving average since mid-April 2025, highlighting a notable deterioration in momentum after months of weakness. The metal was trading at $67.130/oz during Tuesday's session, down 3.5% on the day. The latest decline leaves silver on track for their lowest closing level since December 18, underscoring the extent of the recent selloff. Silver has retreated sharply from its record high of $121.785/oz reached on January 29. Since setting that peak, prices have fallen approximately 45.5%, erasing a substantial portion of the gains generated during the previous rally. Technical indicators also continue to point lower. In addition to slipping below the 200-day moving average, silver is trading beneath its shorter-term 20-day, 50-day, and 100-day moving averages as well. The alignment of these widely followed indicators suggests bearish sentiment remains firmly in place as traders assess whether the precious metal can stabilize following one of its steepest declines of the year. Silver and Silver Mining ETFs: ( SLV ), ( SIVR ), ( AGQ ), ( ZSL ), ( PSLV ), ( SIL ), ( SILJ ), and ( SLVP ). More on markets BofA raises red flags as bear-market signals flash Beyond big tech: AI adoption spreads across nearly every sector AI benefits still concentrated in the Magnificent Seven, Apollo says MSG shares surge on Knicks Finals run ahead of Trump's expected Game 3 visit Bitcoin bounces back above $63K following Friday’s washout below $60K
Western Computer, a leading Microsoft Dynamics partner specializing in manufacturing and distribution, today announced its upcoming onsite event, Navigate Forward: Business Central & The AI Advantage, hosted in collaboration with Microsoft at Microsoft's Downers Grove office on Wednesday, June 17th starting at 12 pm.
Western Computer, a leading Microsoft Dynamics partner specializing in manufacturing and distribution, today announced its upcoming onsite event, Navigate Forward: Business Central & The AI Advantage, hosted in collaboration with Microsoft at Microsoft's Downers Grove office on Wednesday, June 17th starting at 12 pm.