These 2 Must-Watch Firms Could Get a Boost From Earnings ReportsAZZ (NYSE:AZZ) reported record fiscal 2027 first-quarter sales and raised its full-year outlook, citing strength in metal coatings demand, a ramping Precoat Metals facility in Washington, Missouri, and expectations f

PriceSmart Stock Eyes $220 as Chile Expansion Fuels GrowthPriceSmart (NASDAQ:PSMT) reported higher third-quarter sales and earnings for fiscal 2026, with management pointing to broad-based comparable sales growth, stronger membership trends and continued investment in new clubs,

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord , where you can hang out and talk with us and with other listeners 24/7. What Joe is thinking about today Here are a few AI-related thoughts on my mind today: - One thing you often hear is that the big American AI companies (Anthropic and OpenAI) are under pressure from cheaper open source models. And that may be true, but there’s a few things to think about. One is that open source models are not “free” for the user the way, say, a traditional piece of open source software is or was. You still have to pay for the electricity and chips that you need in order run them. And also, the expensive closed-source frontier models face price competition from cheap closed-source models. - Today Meta announced a new model called Muse Spark 1.1 , mostly designed for coding and so-called agentic workflows, and the early pitch from the company is that it really wants to compete on price . Presumably there are plenty of enterprise workflows that don’t need cutting edge intelligence, and in theory companies will shop around for the cheapest option to get a specific task done. - You see all of these AI benchmarks out there, looking at things like how well various models can perform some software engineering task or whatever. And they’re all interesting, but by and large, you don’t see a lot of public price measurement. When I see these benchmarks, I don’t just want to know the percentage of time the task was completed successfully, I want to know how much it cost. There was an interesting post from DoorDash this week which stated that they get their be...

Erik Isakson EQT agreed to purchase Copia Power, which owns and operates integrated large-scale energy and digital infrastructure campuses across the U.S. EQT is buying the d ata center power and infrastructure firm from Carlye Group ( CG ), according to a statement on Thursday. Terms of the deal weren't disclosed. Earlier Thursday, the Financial Times reported that Carlyle is set to make more than a fivefold return from the sale. The transaction values Copia Power at $2.6 billion. The deal is expected to close by the end of the year. More on Carlyle The Carlyle Group Inc. (CG) Presents at Morgan Stanley US Financials Conference 2026 Transcript Carlyle Group: Cheaper Than Its Peers, But Not Yet A Buy The Carlyle Group: Undervalued Given Limited Private Credit Exposure 10 mega and large-cap financial stocks posting the weakest momentum trends Carlyle Group targets ~$15B for new flagship PE fund - report

格隆汇7月10日｜欧洲央行行长克里斯蒂娜·拉加德表示，她目前没有参加法国总统选举的打算，但希望在明年的法国大选期间，就欧洲未来发表自己的看法。拉加德称，欧洲需要被保护，欧盟是包括法国在内的成员国发展的重要框架。她表示，无论以何种身份，都将尽力推动公众认识到欧洲的重要性。此前，外界曾猜测拉加德可能提前离开欧洲央行、转投法国政坛。她承认这种可能性存在，但强调不会在欧洲央行面临重大挑战时离开岗位。

FOTOKITA/iStock via Getty Images Since I last checked on the Canadian miner Wheaton Precious Metals ( WPM ) in February, the stock is down by 26%. This comes as no surprise. Gold miners have all seen price drops since the start of the US-Iran war, which resulted in the subsequent drop in gold price. WPM has dropped by almost as much as other big gold miners by market capitalizations, Newmont Corporation ( NEM ) and Barrick Mining Corporation ( B ) since. Only Agnico Eagle Mines ( AEM ) has seen a bigger drop and Franco-Nevada Corporation ( FNV ) is down by less (see chart below). This isn't any solace though, since the drop is fairly big. On the other hand, it does provide a good entry point at a time when the company's fundamentals look good. Price Returns (Feb 18, 2026 - Present): WPM, NEM, AEM, B, FNV (Source: Seeking Alpha) Why the WPM Stock is Poised for an Uptick Wheaton already had a lot going for it when I last checked. Better-than-expected gold production, positive indications for this year and attractive market multiples compared to past averages all made a strong case for the stock. The only visible potential drag on the company was its acquisition of Peru's Antamina mine's silver stream. Since it could indicate a risk to earnings in 2026, a Hold rating on the stock followed. However, the company's Q1 2026 results showed little reason for apprehension. In fact, if anything it reinforces a positive outlook on the stocks, as covered in the four points below: #1. Buoyant gold price forecasts After seeing a 69% YoY increase in realized gold price in Q1 2026 to $4,849/oz, the company maintains its gold price assumption of $4,800/oz for the remainder of 2026. This is encouraging in that it's higher than the present gold price of around $4,100/oz and even the average level of $4,391/oz seen in Q2 2026, suggesting that gold can start rising once again. With the average gold price at over $4,600/oz for H1 2026, the yellow metal's price would have to average at $5,...

Results Consistent with Preliminary Ranges

Niles Investment Management founder and portfolio manager Dan Niles comes on Market Domination to explain why he believes AI is hitting a "speed bump," especially as companies pull back from tokenmaxxing practices and attempt to cut back on artificial intelligence costs.

In the first quarter of 2026, SpaceX (NASDAQ: SPCX) spent $7.7 billion building out AI infrastructure. That was more than three-quarters of the company's entire $10.1 billion capital budget for the period. That is a staggering bet. Will the gamble be worth it? Or is it setting up SpaceX to burn cash faster than the business can replace it? Image source: Getty Images. Continue reading

Aritzia press release ( ATZAF ): Q1 Non-GAAP EPS of C$0.96. Revenue of C$951M (+43.4% Y/Y) Aritzia expects the following for the second quarter of Fiscal 2027 compared to the second quarter of Fiscal 2026: Based on quarter-to-date trends, Aritzia expects net revenue in the range of $1.100 billion to $1.125 billion, representing growth of approximately 35% to 39%. The Company expects gross profit margin to increase approximately 250 bps to 300 bps from 43.8% in the second quarter of Fiscal 2026, and SG&A as a percentage of net revenue to decrease approximately 25 bps to 75 bps from 30.8% in the second quarter of Fiscal 2026. Aritzia expects the following for Fiscal 2027: Net revenue in the range of $4.55 billion to $4.75 billion, representing growth of approximately 23% to 28% from Fiscal 2026. 4 This includes the contribution from retail expansion with 12 to 13 new boutiques and four to five boutique repositions. Eleven to twelve new boutiques and two to three repositions are expected to be in the United States with the remainder in Canada. Gross profit margin to increase approximately 175 bps to 225 bps from 44.9% in Fiscal 2026. SG&A as a percentage of net revenue to be approximately flat to down 50 bps from 29.1% in Fiscal 2026. Adjusted EBITDA as a percentage of net revenue 2 to be approximately 19.5%, compared to 17.8% in Fiscal 2026, 5 driven by IMU improvements, savings from the Company's smart spending initiative and expense leverage. Capital cash expenditures (net of proceeds from lease incentives) 2 of approximately $250 million. This includes approximately $210 million related to investments in new and repositioned boutiques expected to open in Fiscal 2027 and Fiscal 2028. Depreciation and amortization of approximately $130 million. More on Aritzia Aritzia Inc. (ATZ:CA) Shareholder/Analyst Call Prepared Remarks Transcript Aritzia: Premium Valuation, Premium Execution Aritzia: Threading The Needle On Hypergrowth And U.S. Expansion Historical earnings data ...

格隆汇7月10日｜道琼斯指数7月9日（周四）收盘上涨138.96点，涨幅0.27%，报52487.35点； 标普500指数7月9日（周四）收盘上涨60.90点，涨幅0.81%，报7543.61点； 纳斯达克综合指数7月9日（周四）收盘上涨336.24点，涨幅1.30%，报26206.89点。

OpenAI and Anthropic are confronting heightened scrutiny from the Trump administration. But first… Three things to know: • Former Fed chairman Ben Bernanke joins Anthropic’s oversight trust • SpaceXAI, Cursor unveil Grok AI model for coding, finance tasks • Nvidia rival Positron holds talks to raise funds at $5 billion valuation Under review Top artificial intelligence companies racing to develop more capable AI models are typically constrained mostly by their access to chips, data and talent. Now, there’s a powerful new limiting factor: the US government. On Thursday, OpenAI rolled out its newest suite of models, GPT-5.6, after weeks of discussions with US government leadership, which OpenAI CEO Sam Altman said had initially requested a more limited release. The talks focused on the latest model’s safeguards and capabilities, which included better performance on cybersecurity-related tasks. Anthropic, meanwhile, decided to disable its Fable 5 and Mythos 5 models after the US Commerce Department imposed export controls to ban foreign access to the software. The restrictions were overturned late last month following weeks of back and forth that led to Anthropic creating additional cybersecurity guardrails for its technology. The heightened scrutiny by the US government has injected new uncertainty into the AI sector, which until now has acted with remarkable autonomy. Though OpenAI and Anthropic were eventually able to move forward with introducing their latest models, they and other developers are presumably already preparing for what happens with the next batch of releases in the coming months or even weeks. “We are now in a place where we have a de facto licensing machine,” said Brad Carson, a former member of congress from Oklahoma who leads the nonprofit Americans for Responsible Innovation as well as Public First Action, which funds super PACs and advocates for AI legislation. The government, he said, now “seemingly has to approve the release of all frontier mo...

美国国会预算管理办公室（CBO）：预计美国6月预算赤字1260亿美元。

格隆汇7月10日｜OpenAI：微软将通过API调用其模型，向Microsoft 365客户推出GPT-5.6服务。

Earnings Call Insights: Pure Cycle Corporation (PCYO) Q3 2026 Management View CEO Mark Harding said the company had “another great quarter and continued execution of our business,” adding that the “most notable” development was a “refreshing of our liquidity after accelerating the development time line of our Phase 2D,” which he tied to a “mild winter” and earlier lot delivery. CEO Harding reported Q3 “$8.2 million in revenue” and “$4.3 million in gross profits,” and said this implied “about a 52% margin,” while also saying Q3 strength reflected “percent complete revenue recognition in advance of Phase 2 ahead of typical seasonal schedule.” CEO Harding said board changes included “a couple of resignations of 2 Board members that are related to a 13D filer,” adding, “There’s no drama with these,” and that the SPV “holds about 13% of the stock.” CEO Harding said “total water revenues were strengthened by better-than-expected industrial water sales compared to last year,” and described industrial demand as “a very high-margin business for us,” adding the company continues investing to ensure capacity because operators “do pay a premium for that availability.” CEO Harding said the company delivered “approximately 430 lots in the last 18 months,” and noted Phase 2E is “right around 159, 160 lots,” while highlighting two “new builders to the portfolio, Pulte and Oakwood Homes.” CEO Harding described a single-family rental “pivot,” saying, “instead of looking at bringing 100 -- up to 100 units online, we’re backing that off into the high 60s, low 70 unit time frame,” while emphasizing leasing momentum: “we’ve got most I think almost every one of these homes are leased as they deliver.” CFO Marc Spezialy said the company “opened up the lines now” for Q&A but did not provide separate prepared financial commentary beyond introductions. Outlook CEO Harding said the company was “a little ahead of our schedule on guidance,” and added it was “optimistic and looking forward to a v...

The broadening trade was in full effect on Thursday, but that doesn’t mean tech was left behind. The Nasdaq led gains, up 1.3%. The S&P 500 rose 0.8%. The Dow inched up 129 points or 0.3%. But unlike the narrow leadership that dominated previous AI bull market rallies, Big Tech wasn’t the only one pulling its weight.

Source: Bloomberg, 0:00

Cabot Corporation to Announce Third Quarter Fiscal 2026 Operating Results

Entered into global collaboration with Roche for bexobrutideg, with potential total payments of up to $2.3 billion, including $700 million upfront payment

格隆汇7月10日｜以色列总理办公室：特朗普向内塔尼亚胡告知了美国在海湾地区采取的行动。内塔尼亚胡则提及土耳其总统埃尔多安及其盟友针对以色列存在问题发表的强硬言论，并强调维持以色列边境安全区的必要性。

After a blockbuster first half for U.S. equities, investors are entering the back half of the year with a more complicated backdrop. With the Nasdaq 100 trading near record highs thanks to the AI-fueled rally, investors are weighing whether earnings can continue to justify elevated valuations, how quickly the Federal Reserve may hike interest rates and whether geopolitical risks could spark renewed volatility. That backdrop makes valuation an increasingly important consideration. CNBC Pro screened the Nasdaq 100 for stocks that combine strong fundamentals with attractive prices and came up with the following names: Each of these stocks is a member of the Invesco QQQ Trust (QQQ) , has a buy rating or equivalent from least 55% of the analysts covering the stock, offers at least 35% upside to the average analyst price target, and trades at a forward price-to-earnings ratio below the Nasdaq 100's forward multiple of roughly 27. Chip giant Nvidia is the biggest stock on the list and also the most widely endorsed by analysts, with 83.3% of those covering it rating it a buy. Bitcoin corporate buyer Strategy is the smallest company represented, with a market value of $35.3 billion. At its current price, it has about 200% upside potential based on the analysts' average price target. It's also priced at just 8.2 times projected earnings. Behind Strategy, fintech giant Intuit offers the second-highest implied upside, with analysts' average price target pointing to gains of about 74%. About 70% of the analysts that cover it give it a buy rating.

AMD Confirms EPYC "Venice" Zen 6 CPUs Launch on July 22-23 at Advancing AI Event TechPowerUp

美股存储芯片指数初步收涨约5%，费城半导体指数涨约3%。 标普500指数初步收涨0.7%，科技板块涨1.6%，可选消费板块涨1.2%，能源板块跌1.6%，日用消费品板块跌1.7%。 纳斯达克100指数初步收涨1.6%，成分股中，Lumentum初步收涨11.3%，Arm控股涨9.1%，闪迪涨7.5%，拉姆研究涨5.6%，Meta涨4.8%，西部数据涨4.4%，美光涨4.2%连续两个交易日反弹，特斯拉涨2.9%，Diamondback Energy跌2.4%，百事可乐跌3.3%，AXON跌3.6%，开市客跌4.1%。

Mysterious AMD Ryzen 7 4700LE 'Zen 2' desktop CPU appears in a new prebuilt PC paired with an RTX 3050 TweakTown

The following companies are expected to report earnings prior to market open on 07/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Delta Air Lines, Inc. (DAL)is reporting for the quarter ending June 30, 2026. The airline company's consensus ear

Riwoe’s commanding new book traces a Chinese Australian family across four generations – all connected by one old longan tree It’s the year 2049 and Daniel Connelly is 75 years old. Eccentric and lonely after decades of self-imposed isolation, his existence is “spartan”, a “relentless searching, a yearning for pieces that fit together to make a new whole”. He spends his days making sculptures from broken pottery; the shards of his life. During a warm winter’s day, Daniel steps outside to find that the longan tree in his garden has fallen during a storm. The tree was an heirloom of sorts – a family emblem of home and belonging for generations before him. Continue reading...

Western Digital (NASDAQ: WDC) could be one of the quieter winners of the AI buildout as data storage becomes harder to ignore. The upside case is built on cloud demand, pricing power, and AI-driven data growth, but the stock's huge rally raises a tougher question about expectations. Stock prices used were the market prices of June 25, 2026. The video was published on July 7, 2026. Continue reading