Genesco (GCO) came out with a quarterly loss of $2.18 per share versus the Zacks Consensus Estimate of a loss of $2.58. This compares to a loss of $2.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +15.50%. A quarter ago, it was expected that this seller of footwear, hats, clothing and accessories would post earn...
Genesco (GCO) came out with a quarterly loss of $2.18 per share versus the Zacks Consensus Estimate of a loss of $2.58. This compares to a loss of $2.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +15.50%. A quarter ago, it was expected that this seller of footwear, hats, clothing and accessories would post earnings of $3.73 per share when it actually produced earnings of $3.74, delivering a surprise of +0.27%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Genesco, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $487.03 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 4.15%. This compares to year-ago revenues of $473.97 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Genesco shares have added about 46.9% since the beginning of the year versus the S&P 500's gain of 10.5%. What's Next for Genesco? While Genesco has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings es...
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode Authored by Michael Snyder via The Economic Collapse blog, Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being...
99% Of CEOs Are Planning AI Job-Cuts, As Gap Between Rich And Poor Continues To Explode Authored by Michael Snyder via The Economic Collapse blog, Our economy is being transformed at a faster pace than we have ever experienced before. Thanks to giant leaps in the field of artificial intelligence, human labor is not as valuable as it once was. All over the world, millions of human workers are being replaced and that trend is only going to accelerate. For those that have already retired or are on the verge of retirement, this isn’t that big of a deal. But for younger workers, this is absolutely terrifying. There is no loyalty in corporate America today. The moment that AI can do your job more efficiently than you can, you could be out the door. This is already happening at some of the biggest companies in the entire country. Good paying jobs are evaporating all around us, and as a result the gap between the wealthy and the rest of us is absolutely exploding. I knew that the employment marketplace was changing really fast, but the results of a brand new survey that was just released still completely shocked me. According to that survey, 99 percent of corporate executives are planning AI-related job cuts within the next 2 years … A new study from consulting firm Mercer finds that virtually every employer is planning to cut jobs due to the technology (2). The 2026 Global Talent Trends report spoke with 825 C-suite leaders, along with 1,650 HR leaders, and a jaw-dropping 99% of the executives surveyed said they expect AI to lead to at least some headcount reduction in the next two years. Nearly as many (98%) said they are also planning organization design changes in that same time period. Meanwhile, just 32% of the CEOs surveyed said they believed the workforce can combine both human and machine worker capabilities in an optimal manner, despite just under two-thirds saying they felt that redesigning work to incorporate automation will drive the greatest return on investme...
Key Points Ethereum is cheaper to use and is being used more than ever. But holders are (still) not getting returns from holding it. That pokes a bit of a hole in the bull thesis. 10 stocks we like better than Ethereum › Once in a great while, the best-looking numbers are the ones investors should worry about the most. On that note, Ethereum (CRYPTO: ETH) just posted its busiest quarter in history...
Key Points Ethereum is cheaper to use and is being used more than ever. But holders are (still) not getting returns from holding it. That pokes a bit of a hole in the bull thesis. 10 stocks we like better than Ethereum › Once in a great while, the best-looking numbers are the ones investors should worry about the most. On that note, Ethereum (CRYPTO: ETH) just posted its busiest quarter in history, processing more than 200 million transactions in Q1 2026, a 43% jump from the prior quarter. Meanwhile, after years of effort spent scaling up its throughput capacity, the chain's gas (user) fees are 98% lower than three years ago, with transactions costing about $0.11. A chain reporting record activity and rock-bottom fees at the same time looks like getting two bullish votes of confidence for investing. But together, the truth is that they sketch a troubling picture, and Ethereum's price has fallen almost 60% from its August 2025 peak even as the usage of its chain keeps climbing. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Let's investigate what's happening here and determine whether it's a sell signal or just a yellow (or red) flag. Good numbers tell a bad story here The unifying problem underpinning these two bullish figures is that Ethereum got much better at processing transactions, but the reward for holders has been zero. In August 2021, a fee-burning mechanism began destroying a portion of every gas fee paid on the network. A year later, the September 2022 transition to proof-of-stake (PoS) slashed new coin issuance by roughly 90%. Together, these changes were supposed to shrink Ethereum's supply over time, because when burns outpace the rate of new issuance to validators, the coin's supply contracts. The catch is that the mechanism only works when gas fees are high enough to burn signific...
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Blackstone (NYSE:BX) has formed a joint venture with Google to create a new U.S. company focused on supplying advanced data center capacity. The venture will offer Google Cloud TPUs as a compute-as-a-service product to support accelerating AI workloads from ...
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Blackstone (NYSE:BX) has formed a joint venture with Google to create a new U.S. company focused on supplying advanced data center capacity. The venture will offer Google Cloud TPUs as a compute-as-a-service product to support accelerating AI workloads from enterprises. An experienced Google executive is set to lead the new platform, combining Blackstone's capital and infrastructure reach with Google's AI technology. At a share price of $116.14, Blackstone is adding a fresh digital infrastructure angle to its existing investment platform. The stock is down 26.9% year to date and down 13.3% over the past year, while still up 49.2% over five years, so this move arrives against a mixed return profile. For investors tracking NYSE:BX, the joint venture marks a clear step into AI-oriented assets that sit closer to core enterprise technology demand. This new business line introduces exposure to data centers and AI compute capacity that extends beyond Blackstone's traditional real estate and private equity activities. The scale of the partnership and leadership from a Google executive could make this venture an important reference point when you assess how Blackstone is positioning around AI infrastructure over the long term. Stay updated on the most important news stories for Blackstone by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Blackstone. NYSE:BX Earnings & Revenue Growth as at May 2026 📰 Beyond the headline: 3 risks and 3 things going right for Blackstone that every investor should see. Quick Assessment ✅ Price vs Analyst Target : At US$116.14, Blackstone trades about 23.6% below the US$143.65 analyst consensus target. ⚖️ Simply Wall St Valuation : Shares are described as trading close to estimated fair value, so there is no clear valuation gap here. ❌ Recent M...
Pre-Market Stock Futures: Futures are trading higher after yet another winning day for Wall Street, as all major indices finished the day higher after starting the session lower. Once again, all four indices we track for readers posted all-time highs as the AI/Data Center, Memory Chip rally continues to roll on. Healthcare and consumer stocks ... Here Are Friday’s Top Wall Street Analyst Research ...
Pre-Market Stock Futures: Futures are trading higher after yet another winning day for Wall Street, as all major indices finished the day higher after starting the session lower. Once again, all four indices we track for readers posted all-time highs as the AI/Data Center, Memory Chip rally continues to roll on. Healthcare and consumer stocks ... Here Are Friday’s Top Wall Street Analyst Research Calls: Best Buy, Cogent Communications, Dell Technologies, EPAM Systems, Federal Realty, Gap, Snowfl
The former Chair of Société Générale, Lorenzo Bini Smaghi, has stepped down after more than a decade at the helm. Bini Smaghi says he leaves the lender with 'best in class' governance and a share price 60% higher than when he joined. But he added that the restructuring is not fully over and there are big deals to come. Bini Smaghi joined Lizzy Burden on 'The Pulse'. (Source: Bloomberg)
The former Chair of Société Générale, Lorenzo Bini Smaghi, has stepped down after more than a decade at the helm. Bini Smaghi says he leaves the lender with 'best in class' governance and a share price 60% higher than when he joined. But he added that the restructuring is not fully over and there are big deals to come. Bini Smaghi joined Lizzy Burden on 'The Pulse'. (Source: Bloomberg)
Germany’s consumer price inflation fell to 2.6% year-over-year in May 2026, down from an over two-year high of 2.9% touched in April and slightly below market expectations of 2.9%, according to preliminary data. Still, inflation remains comfortably above the European Central Bank's midpoint target of 2%. Core inflation, excluding food and energy, rose to 2.5%, up from a five-year low. Meanwhile, t...
Germany’s consumer price inflation fell to 2.6% year-over-year in May 2026, down from an over two-year high of 2.9% touched in April and slightly below market expectations of 2.9%, according to preliminary data. Still, inflation remains comfortably above the European Central Bank's midpoint target of 2%. Core inflation, excluding food and energy, rose to 2.5%, up from a five-year low. Meanwhile, the EU-harmonized annual inflation rate also eased to 2.7% from 2.9%. XtockImages/iStock via Getty Images Separate data showed, Germany’s unemployment rate fell to 6.3% in May 2026 from 6.4% in April, slightly surpassing expectations. The Federal Employment Agency cited a one-off effect for the decline. Unemployment decreased by 12,000 to 2.987 million, while non-adjusted figures fell to 2.95 million. However, expectations for rising unemployment persist amid ongoing geopolitical tensions. More on Germany: EWG: A Cautiously Optimistic Stance On German Equities Seems Sensible EWQ: France An Excellent Diversifier, Here's Why EUR/USD, GBP/USD And Dollar Index Overview - The U.S. Dollar Rallies Back After CPI, Is The Correction Over? Norway to join France's nuclear deterrence initiative European stocks fall; French PPI jumps and Spanish retail sales rise
Plus, Nicola Sturgeon’s marital relations, the hell of burnout, Tony Blair’s saviour complex and Spurs I was at Chequers for Donald Trump’s and Keir Starmer’s joint press conference last September and remember being open-mouthed when the US president declared he had personally ended eight global conflicts.Trump followed this by claiming one of the wars he had ended was between Azerbaijan and Alban...
Plus, Nicola Sturgeon’s marital relations, the hell of burnout, Tony Blair’s saviour complex and Spurs I was at Chequers for Donald Trump’s and Keir Starmer’s joint press conference last September and remember being open-mouthed when the US president declared he had personally ended eight global conflicts.Trump followed this by claiming one of the wars he had ended was between Azerbaijan and Albania. My eyes switched to Starmer who just nodded as if to say: “Yes. He did that.” Either the war between Azerbaijan and Albania is the least reported war in modern history, or it was a total fiction. Just as much as Trump’s later claim to have never met Peter Mandelson, just days after footage of him sharing a joke with the Prince of Darkness in the Oval Office led many of the news bulletins. Keir didn’t bat an eyelid at that either. But maybe I am being pedantic because it seems the US president is now getting round to ending a war that is actually taking place. It’s surely a bit churlish to point out the war he is ending is the one he started. Continue reading...
Baron Fifth Avenue Growth Fund lagged the broader market in Q1 2026, declining 10.4% compared with a 9.8% fall for the Russell 1000 Growth Index and a 4.3% decline for the S&P 500 Index. In Q1 2026, the fund added Amphenol (NYSE: APH ) as a new portfolio holding. The fund exited Atlassian (NASDAQ: TEAM ) and four additional positions during Q1 2026. Source . More on Baron Fifth Avenue Growth Fund:...
Baron Fifth Avenue Growth Fund lagged the broader market in Q1 2026, declining 10.4% compared with a 9.8% fall for the Russell 1000 Growth Index and a 4.3% decline for the S&P 500 Index. In Q1 2026, the fund added Amphenol (NYSE: APH ) as a new portfolio holding. The fund exited Atlassian (NASDAQ: TEAM ) and four additional positions during Q1 2026. Source . More on Baron Fifth Avenue Growth Fund: Retail Baron Fifth Avenue Growth Fund Q1 2026 Shareholder Letter
On Tuesday, a federal judge unsealed records showing that the Department of Justice tried and failed to get search warrants targeting journalists Don Lemon and Georgia Fort, as well as three protesters involved in the Cities church demonstration in St Paul, Minnesota, last winter. A court rejected the search warrants – twice. In strikingly blunt opinions, magistrate judge John Docherty said offici...
On Tuesday, a federal judge unsealed records showing that the Department of Justice tried and failed to get search warrants targeting journalists Don Lemon and Georgia Fort, as well as three protesters involved in the Cities church demonstration in St Paul, Minnesota, last winter. A court rejected the search warrants – twice. In strikingly blunt opinions, magistrate judge John Docherty said officials didn’t meet basic legal standards and chastised them for failing to mention a federal law that may have made some of the warrants illegal. The Department of Justice later withdrew the requests. The justice department’s blatant disregard for the constitution and attempt to hide the law is disturbing, even if the department’s recent track record means it’s no longer shocking. With government attacks on freedom of speech increasing and the justice department’s independence declining, it’s more important than ever for judges to aggressively scrutinize government requests, for prosecutors to face real consequences when they abuse their power, and for Congress to pass strong laws protecting first amendment rights. The search warrant records that were recently unsealed in the Cities church protest case show how the justice department is using the prosecution of protesters and journalists to directly threaten freedom of speech. The first set of applications sought information about YouTube channels used by Lemon and Fort, and a third channel that allegedly belongs to a protester, William Scott Kelly. But in addition to information about Lemon, Fort and Kelly, the government also wanted information about their subscribers – the names, address and emails of people who simply watched their channels. double quotation mark What other abuses are flying under the radar in still sealed court records around the country? Why would the government need that information? Watching a YouTube channel isn’t a crime. It’s clearly protected by the first amendment. The obvious effect of demanding ...
Don’t be put off by the name, because this isn’t blow-your-head-off hot – the scotch bonnet infusion is quick, so the flavour is subtle and aromatic, rather than aggressive. The chilli-infused base would also work in other classic tequila cocktails, especially a spicy vampiro. Scotch bonnet margarita Serves 1 For the infusion ¼ scotch bonnet, thinly sliced 350ml blanco tequila – your favourite bra...
Don’t be put off by the name, because this isn’t blow-your-head-off hot – the scotch bonnet infusion is quick, so the flavour is subtle and aromatic, rather than aggressive. The chilli-infused base would also work in other classic tequila cocktails, especially a spicy vampiro. Scotch bonnet margarita Serves 1 For the infusion ¼ scotch bonnet, thinly sliced 350ml blanco tequila – your favourite brand (mine is Don Juilo) For the drink 40ml scotch bonnet-infused blanco tequila (see above and method) 20ml triple sec 25ml fresh lime juice 10ml agave syrup Tajín, to rim the glass (optional) 1 lime wheel, to garnish (optional) First infuse the tequila. Drop the sliced chilli into the tequila, leave to infuse for half an hour (and no more than an hour max), then strain and discard the solids. Decant the tequila into a clean jar, seal and store in the fridge for up to a month. To build the drink, measure all the liquids into a shaker, fill with ice and shake hard for 10–12 seconds. Double strain into a chilled coupe, rimmed with Tajín first, if you like (alternatively, strain into a rocks glass filled with fresh ice), then garnish and serve with the optional lime wheel.
The former Mash Report star’s latest show takes aim at his manosphere-courting, Saudi comedy festival-attending peers. Could he be the angry progressive standup we need right now? Nish Kumar – mop of curly hair, Jimi Hendrix T-shirt, fancy coffee shop cookie in hand – is sitting centimetres away from me in a meeting room in his publicist’s offices in Soho, central London. Nevertheless, another com...
The former Mash Report star’s latest show takes aim at his manosphere-courting, Saudi comedy festival-attending peers. Could he be the angry progressive standup we need right now? Nish Kumar – mop of curly hair, Jimi Hendrix T-shirt, fancy coffee shop cookie in hand – is sitting centimetres away from me in a meeting room in his publicist’s offices in Soho, central London. Nevertheless, another comedian is drawing the eye. On the wall is a massive poster promoting Prime Video’s Last One Laughing UK – and looming over us from the centre of the frame is the show’s host, Jimmy Carr. This feels, let’s just say, a tad ironic. In Kumar’s last standup show, he recalled the time he furiously confronted Carr about his decision to appear on manosphere influencer Jordan Peterson’s podcast. (“This is a radicalisation event that’s happening on an unprecedented scale,” he told Carr.) Then there’s the blurb for his upcoming tour, Angry Humour from a Really Nice Guy, in which Kumar expresses concern that comedy has been “co-opted by charlatans in service of autocrats” – partly a reference to last autumn’s Riyadh comedy festival, where Carr performed. Continue reading...