Market News

Is Colgate Stock a Buy as Growth Improves but Valuation Stays Rich?

Colgate-Palmolive Company CL enters the second half of 2026 with better operating momentum. Volumes are improving, margins have held up better than expected and management lifted its Base Business earnings outlook. The restraint is valuation. CL still trades above its sub-industry, sector and the broader …

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Group 1 Q2 Earnings Miss Estimates on Lower Vehicle Volumes

Group 1 Automotive, Inc. GPI reported second-quarter 2026 adjusted earnings of $9.61 per share, which declined 16.6% year over year and missed the Zacks Consensus Estimate of $10.79 by 10.9%. Revenues declined 5.6% to $5.39 billion and missed the consensus mark of $5.65 billion by …

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Alibaba to Sell Lingxi Games as AI Focus Intensifies: Hold the Stock?

Alibaba Group BABA is parting ways with its gaming business as it sharpens its bet on artificial intelligence (AI). Asian private equity firm Trustar Capital has reached an agreement to acquire Lingxi Games, the studio behind Three Kingdoms: Strategy Edition, in a deal that could …

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Dana Stock Rises 10% Despite Q2 Earnings Miss Expectations

Dana Incorporated DAN shares rose 10% since it reported second-quarter 2026 results. It posted adjusted earnings of 19 cents per share in the quarter, which increased 280% from 5 cents a year ago but missed the Zacks Consensus Estimate of 64 cents by 70.3%. Revenues …

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Crypto Market Update: Bitcoin Rallies as Trump Backs CLARITY Act

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Friday (August 21) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$77,864.10, up by …

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Tim Cook’s Final Earnings Call as Apple CEO Came the Same Week Apple Hit a $5 Trillion Market Cap. Here’s What Investors Should Watch Under His Successor.

Key Points John Ternus, the company’s hardware chief, likely understands just how critical it is to Apple’s success to continue leaning into the iPhone’s popularity. Known in the past for sizable share repurchases, the company’s capital allocation policy could start to favor more aggressive growth-oriented …

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4 Stocks That Could Profit From SpaceX’s Biggest Problem

Listen to the audio version of this article (generated by AI). Editor’s Note:Of all the news from this earnings season, SpaceX’s first report as a public company was one of the most anticipated we’ve seen in a while. And while the media focused on billions …

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Walmart Shares Face Weakness Following Earnings: Were Results Bad?

Walmart WMT delivered an overall solid release on Thursday, beating expectations on both the top and bottom lines while raising its full-year outlook. Still, shares moved sharply lower following the release as investors focused on slowing U.S. sales trends, softer near-term guidance, and the stock’s …

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Why SPS Commerce Stock Was a Winner on Wednesday

Key Points SPS Commerce (NASDAQ: SPSC) stock wasn’t impeded on Hump Day at all. Thanks largely to a substantial price target raise from an analyst, investors flocked to the supply chain software developer’s equity. SPS Commerce’s stock finished the day more than 4% higher in …

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Where Will AMD Stock Be in 5 Years?

Semiconductor stocks have been in fine form on the stock market over the past five years, which is evident from the 205% gains clocked by the PHLX Semiconductor Sector index during this period. These terrific gains can be attributed to the growing demand for chips …

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