Bank of America press release ( BAC ): Q1 GAAP EPS of $1.11 beats by $0.09 . Revenue of $30.3B (+7.2% Y/Y) beats by $350M . Revenue, net of interest expense, of $30.3 billion ($30.4 billion FTE), ( A ) up 7%, reflected higher net interest income (NII), sales and trading revenue, asset management fees, and investment banking fees NII of $15.7 billion ($15.9 billion FTE), ( A ) up 9%, driven by high...
Bank of America press release ( BAC ): Q1 GAAP EPS of $1.11 beats by $0.09 . Revenue of $30.3B (+7.2% Y/Y) beats by $350M . Revenue, net of interest expense, of $30.3 billion ($30.4 billion FTE), ( A ) up 7%, reflected higher net interest income (NII), sales and trading revenue, asset management fees, and investment banking fees NII of $15.7 billion ($15.9 billion FTE), ( A ) up 9%, driven by higher NII related to Global Markets activity, higher deposit and loan balances, and fixed-rate asset repricing, partially offset by the impact of lower interest rates Provision for credit losses of $1.3 billion decreased from $1.5 billion in 1Q25 and was relatively flat to 4Q25 More on Bank of America Bank of America Earnings: A Pivotal Report For 2026 Expectations Bank Of America: Heading Into Q1 With More Priced In Than Left To Price Bank of America: Not A Bad Time To Buy The Dip Quant snapshot: JinkoSolar, PNC Financial lead top-rated names as SL Green Realty, Badger Meter lag Wall Street trading desks poised for $40B quarter amid geopolitical turmoil
The Walt Disney Company (NYSE: DIS) is once again aiming to make video games a much bigger part of its overall business. Disney has made multiple earlier pushes in the video game industry and seen some significant successes, but setbacks in the space have previously caused the company to cut back on its interactive-entertainment ambitions. Now, the House of Mouse appears to be ready for another bi...
The Walt Disney Company (NYSE: DIS) is once again aiming to make video games a much bigger part of its overall business. Disney has made multiple earlier pushes in the video game industry and seen some significant successes, but setbacks in the space have previously caused the company to cut back on its interactive-entertainment ambitions. Now, the House of Mouse appears to be ready for another big push in the gaming space. The company announced last month that it was integrating its gaming branch into its core entertainment division. Disney is also moving full speed ahead on its partnership with Epic Games. Here's what investors need to know. Continue reading
↘️ Hermès International (FR:RMS), Kering (FR:KER): The maker of Birkin bags reported slowing sales as the Iran war weighed on demand, and Gucci owner Kering's sales fell, a day after industry bellwether LVMH also flagged weakness.
↘️ Hermès International (FR:RMS), Kering (FR:KER): The maker of Birkin bags reported slowing sales as the Iran war weighed on demand, and Gucci owner Kering's sales fell, a day after industry bellwether LVMH also flagged weakness.
Good morning . AI is back in focus. Trump hints the war may be nearing an end—and markets are listening. And it may be time to chip in if you own a pricey second home in the Big Apple. Listen to the day’s top stories . — Marc Perrier Market Snapshot S&P 500 Futures 6,994.00 -0.2% Nasdaq 100 Futures 25,948.75 -0.2% Bloomberg Dollar Spot Index 1,194.81 +0.1% Market data as of 06:40 AM ET. Data is su...
Good morning . AI is back in focus. Trump hints the war may be nearing an end—and markets are listening. And it may be time to chip in if you own a pricey second home in the Big Apple. Listen to the day’s top stories . — Marc Perrier Market Snapshot S&P 500 Futures 6,994.00 -0.2% Nasdaq 100 Futures 25,948.75 -0.2% Bloomberg Dollar Spot Index 1,194.81 +0.1% Market data as of 06:40 AM ET. Data is subject to provider delays. Drawing interest. AI optimism returned as Anthropic received several offers for a new round of funding that would more than double its pre-money valuation to about $800 billion or higher, people familiar said. In another sign the party isn’t over, ASML—the only company in the world that makes the advanced machines needed to produce cutting-edge chips—lifted its full-year sales outlook as demand surged . Bessent Calls Anthropic’s Mythos a Breakthrough in China AI Race Read more Markets’ positive mood kept US stocks on track to hold near an all-time high . Donald Trump added to the upbeat tone, telling Fox Business that the war is “ very close to over .” Remember tariffs? Trump’s levies, which unsettled everything from global markets to wine prices , may be restored by July to the levels in place before the Supreme Court struck down many of them, Treasury Secretary Scott Bessent said. The president is seeking to restore his protectionist wall of tariffs using different authorities. We have visitors. US prosecutors made a surprise visit to the Federal Reserve’s offices in Washington yesterday amid the Justice Department’s investigation into Chair Jerome Powell and a renovation project at the central bank, a person familiar said. Three officials attempted to enter the construction site but were denied entry on the basis of safety and other clearance protocols. Vice President JD Vance pushed back on Pope Leo’s criticism of the Iran war, saying the pontiff’s remarks were not based in theological truth and that he should be “careful” with his words. Italy...
AnthonyRosenberg/iStock Unreleased via Getty Images It’s been well over two years since the last time I wrote about V.F. Corporation ( VFC ). I said in that article that the new CEO has a lot of work to do. Since assigning the company a hold rating, the share price has appreciated by only around 15.6%, whereas if you were to buy the broader index like SPY ( SPY ), you’d be up over 44% on your inve...
AnthonyRosenberg/iStock Unreleased via Getty Images It’s been well over two years since the last time I wrote about V.F. Corporation ( VFC ). I said in that article that the new CEO has a lot of work to do. Since assigning the company a hold rating, the share price has appreciated by only around 15.6%, whereas if you were to buy the broader index like SPY ( SPY ), you’d be up over 44% on your investment. At first glance, it appears that the CEO hasn’t done anything for the shareholders thus far. Let’s dig into the overall performance of the company. Performance Let’s start from the top. Clearly, there has been some sort of trouble regarding its top-line performance, as its revenues fell from $11.33B to $9.58B. The management attributed the weakness to underperforming brands like Vans and Dickies, specifically calling them out as drags on performance. In some quarters over the last three years or so, these two brands experienced double-digit declines in sales, with Vans being much more of a problem since it is a much bigger brand than Dickies. Also, in the latest quarters, we can see that the company started to see some sort of recovery in sales, suggesting we may have seen the bottom. Seeking Alpha In terms of positives, The North Face brand was the most consistent performer throughout. In the latest quarter , the brand continued to see growth of around 8%, while Vans continued to see sales declines, although it wasn’t as bad as before, with a refresh in products and digital performance improvements. And now with the sale of Dickies to Bluestar Alliance, the company has gotten rid of one of the bad-performing brands. Regionally, the Americas showed the strongest performance in the last three years. Let’s go over VFC’s profitability in the last three years. Here, we can see that when the then-new CEO, Bracken Darrell, took over the leadership, he got a company that was kind of in shambles. Margins were contracting significantly in the first year that he took over; ho...
Ivan Bajic/iStock via Getty Images The Simply Good Foods Company ( SMPL ) gave out a concerning fiscal Q2 report from the December-February period. The ready-to-consumer protein food company is clearly struggling in a tightening competitive landscape, causing previous growth to turn to considerable earnings pressure. Forward earnings visibility is now incredibly low, highlighting that investors ne...
Ivan Bajic/iStock via Getty Images The Simply Good Foods Company ( SMPL ) gave out a concerning fiscal Q2 report from the December-February period. The ready-to-consumer protein food company is clearly struggling in a tightening competitive landscape, causing previous growth to turn to considerable earnings pressure. Forward earnings visibility is now incredibly low, highlighting that investors need caution with SMPL. The stock declined significantly after earnings, and mostly for good reason in my opinion. I maintained a Hold rating in my previous October 2024 article on the stock, titled " Simply Good Foods: OWYN Integration Bolsters Growth Prospects." The stock has since lost 67% of its value, while the S&P 500 has returned 18%; forward expectations have clearly gone down. My Rating History on SMPL (Seeking Alpha) SMPL Q2 Review: Losing to Arising Competition SMPL's Q2 report didn't have many positives to note. The company had already previously gone from a growth company to a company with slightly declining revenues in previous quarters, but the new report sharpened such concerns. Revenues declined by -9.4% to $326.0 million, missing Wall Street's consensus by $17.9 million. Retail takeaway, better reflecting underlying consumption trends, also declined by -6.4% in the quarter. The Quest brand's retail takeaway still grew by 2.4%, but OWYN's takeaway declined by -2.4% and Atkins' by -23.4%. Atkins remains a high concern for SMPL, as the brand's on-shelf performance is still weak, ultimately leading to significant distribution losses. At the same time, other brands' momentum is also slowing down fast. Author's Illustration Using TIKR Data A poor sales performance was accompanied by margin pressure. The gross margin declined by 460 basis points to 31.6% due to higher cocoa prices and other input cost inflation, which SMPL didn't manage to shift onto pricing. A temporary effect from OWYN product quality issues also weighed on the gross margin. Despite much smaller ...
HeliRy/E+ via Getty Images DHT Holdings ( DHT ) estimates time charter equivalent earnings for its fleet at $78,800 per day for the first quarter of 2026, with higher rates of $91,700/day from very large crude carriers (VLCCs) operating in the spot market and $61,300/day from those on time charter. These estimates are based on 1,994 revenue days during the quarter, of which 1,152 days were spot da...
HeliRy/E+ via Getty Images DHT Holdings ( DHT ) estimates time charter equivalent earnings for its fleet at $78,800 per day for the first quarter of 2026, with higher rates of $91,700/day from very large crude carriers (VLCCs) operating in the spot market and $61,300/day from those on time charter. These estimates are based on 1,994 revenue days during the quarter, of which 1,152 days were spot days. The estimated TCE earnings on a discharge-to-discharge basis for the company’s VLCCs operating in the spot market, i.e. adjusted for the impact of IFRS 15 Revenue from Contracts with Customers, were $106,000 per day. Thus far in the second quarter of 2026, around 49% of the available spot days have been booked at an average rate of $189,500 per day on a discharge-to-discharge basis. In total, 71% of the available revenue days, including both spot and time-charter days, have been booked at an average rate of $115,400 per day. DHT shares were up 2.1% premarket to $17.55. More on DHT Holdings DHT Holdings: Solid Fundamentals And Strategic Vessel Management Justify Valuation DHT: BW Overhang Almost Gone, Q2 Dividend Could Top 20% DHT Holdings, Inc. (DHT) Q4 2025 Earnings Call Transcript Strait of Hormuz oil tanker traffic blocked after Israeli strikes, Iranian media says DHT secures VLCC time charter at dayrate above $100K
When it comes to investing in the broader U.S. market, ETFs like Vanguard S&P 500 ETF (VOO) from Vanguard, the SPDR S&P 500 ETF Trust (SPY) from State Street, and Invesco QQQ Trust (QQQ) from Invesco PowerShares are among the most popular choices. Using the TipRanks’ ETF Comparison Tool, we have compared VOO, SPY, and QQQ to determine the best ETF for investors in 2026. VOO or SPY or QQQ: Key Diff...
When it comes to investing in the broader U.S. market, ETFs like Vanguard S&P 500 ETF (VOO) from Vanguard, the SPDR S&P 500 ETF Trust (SPY) from State Street, and Invesco QQQ Trust (QQQ) from Invesco PowerShares are among the most popular choices. Using the TipRanks’ ETF Comparison Tool, we have compared VOO, SPY, and QQQ to determine the best ETF for investors in 2026. VOO or SPY or QQQ: Key Differences While VOO and SPY both track the S&P 500 (SPX), QQQ follows the Nasdaq-100 (NDX), giving it
Coventry University reported Navodya De Silva, 25, to Home Office after £8,000 arrived late, causing termination of visa A Sri Lankan university student says her life has been ruined because a one-day delay in paying her tuition fees led to her being thrown off her degree course and at risk of deportation. Navodya De Silva, 25, secured a place at Coventry University to study international hospital...
Coventry University reported Navodya De Silva, 25, to Home Office after £8,000 arrived late, causing termination of visa A Sri Lankan university student says her life has been ruined because a one-day delay in paying her tuition fees led to her being thrown off her degree course and at risk of deportation. Navodya De Silva, 25, secured a place at Coventry University to study international hospitality and tourism management, with overseas student fees for the three-year undergraduate course of £42,000. Continue reading...
GitLab stock jumped in premarket trading Wednesday after the software company said it would be expanding a collaboration with Google Cloud. GitLab share price rallied 6.7% ahead of the open—it’s a welcome boost. Amid broad AI disruption fears, GitLab’s stock has fallen 47% since the start of 2026, as of Tuesday’s close.
GitLab stock jumped in premarket trading Wednesday after the software company said it would be expanding a collaboration with Google Cloud. GitLab share price rallied 6.7% ahead of the open—it’s a welcome boost. Amid broad AI disruption fears, GitLab’s stock has fallen 47% since the start of 2026, as of Tuesday’s close.