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Retail Euphoria Turns Six-Week Fund Into Record-Busting AI Trade
Bloomberg98d agoneutral
Retail Euphoria Turns Six-Week Fund Into Record-Busting AI Trade

(Bloomberg) -- Brian Emes manages a retail store in Lethbridge, Alberta, a small city on the Canadian prairie about a two-hour drive from the US border. On the morning of May 11, before opening the shop, the 43-year-old launched his brokerage app and bought 55 shares of an exchange-traded fund that hadn’t existed until early April. Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitWhat Is The Thucydides Trap

Gold Or Oil? This ETF Decides For You When Inflation Strikes
24/7 Wall St.99d agoneutral
Gold Or Oil? This ETF Decides For You When Inflation Strikes

Energy prices in the United States just did something violent. The PCE energy index jumped 11.56% month-over-month in March 2026, which pushed headline inflation back up to 3.5% year-over-year after a year of relative calm. West Texas Intermediate ripped from around $60 a barrel in January to over $100 today. If you have spent the ... Gold Or Oil? This ETF Decides For You When Inflation Strikes

5 Insightful Analyst Questions From CDW’s Q1 Earnings Call
StockStory99d agoneutral
5 Insightful Analyst Questions From CDW’s Q1 Earnings Call

CDW’s first quarter was marked by robust top-line growth, driven by heightened demand for infrastructure hardware and ongoing AI investments, yet accompanied by market disappointment due to margin pressures and expense patterns. Management attributed revenue gains to agility in securing hardware supply and adapting to customer priorities, particularly as organizations accelerated AI adoption and infrastructure modernization. CEO Christine Leahy noted, “Customers navigated the operational challen

Walmart and Amazon race to win over rural America with speedier deliveries
Associated Press99d agoneutral
Walmart and Amazon race to win over rural America with speedier deliveries

Walmart and Amazon are racing to speed up online order deliveries in rural areas of the U.S., a rich source of untapped sales that major retailers long wrote off as too sparsely inhabited, too remote or too impoverished to serve profitably. Walmart has a running start in the contest to build a loyal customer base in rural America. Roughly 90% of U.S. residents live within 10 miles of a Walmart store, and 45% of the company’s full-service Supercenters are in places with populations under 20,000, according to a report by investment bank Morgan Stanley.

Bill Ackman says Alphabet stake sale not a bet against the company
Reuters99d agoneutral
Bill Ackman says Alphabet stake sale not a bet against the company

Billionaire investor Bill Ackman said on ‌Saturday that the sale ‌of Google parent Alphabet's shares was ​not a bet against the company. Ackman on Friday said his firm Pershing Square had built ‌a new ⁠position in tech giant Microsoft after its stock ⁠price dropped recently, and sold his long-owned investment in ​Alphabet to ​help ​pay for it.

5 Must-Read Analyst Questions From Uber’s Q1 Earnings Call
StockStory99d agoneutral
5 Must-Read Analyst Questions From Uber’s Q1 Earnings Call

Uber’s first quarter was marked by strong operational execution, with a 14.5% increase in sales and significant improvements in both profitability and user engagement. Management credited robust growth in both Mobility and Delivery segments, expanded product offerings, and disciplined cost management for the positive market reaction. CEO Dara Khosrowshahi highlighted the impact of new services such as Uber Reserve and cross-platform integration, stating these initiatives are “designed to deepen

Samsung Elec Chairman apologises to customers, public amid labour tensions
Reuters99d agoneutral
Samsung Elec Chairman apologises to customers, public amid labour tensions

Samsung Electronics Chairman Jay Y. Lee apologised to customers and the public on ‌Saturday over the company's wage dispute with its South ‌Korean labour union ahead of a possible strike that could shake the ​economy. "I sincerely apologise to customers around the world for causing anxiety and concern due to issues within our company," Lee said in his first public remarks on the dispute, adding that ‌he also "deeply bows in ⁠apology to the public". After pay negotiations broke down this week, the labour minister met Samsung ⁠Electronics management on Saturday and urged the company to take an active role in resolving the dispute through dialogue.

Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights
MarketBeat99d agoneutral
Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights

Automotive Properties Real Est Invt TR (TSE:APR.UN) reported higher first-quarter revenue and cash flow, with management citing the impact of acquisitions completed in 2025 and early 2026, along with contractual rent increases embedded in its net lease portfolio. President and CEO Milton Lamb said

Tecogen Q1 Earnings Call Highlights
MarketBeat99d agoneutral
Tecogen Q1 Earnings Call Highlights

Tecogen (OTCMKTS:TGEN) reported lower first-quarter revenue and a wider loss as management said the company is investing in research, marketing and manufacturing capacity tied to its push into the data center market. On the company’s Q1 2026 earnings call, Chief Executive Officer Abinand Rangesh sa

Netlist Q1 Earnings Call Highlights
MarketBeat99d agoneutral
Netlist Q1 Earnings Call Highlights

Netlist (OTCMKTS:NLST) reported record quarterly revenue for the first quarter of 2026, citing strong demand for memory products, tight industry supply and higher DRAM pricing as key drivers of its performance. Chief Executive Officer Chuck Hong said the company delivered “a strong first quarter pe

Investing.com99d agoneutral
Consumers sue Amazon for failing to refund unlawful Trump tariff costs

Investing.com -- Amazon.com Inc (NASDAQ:AMZN) has been hit with a proposed class-action lawsuit by consumers seeking refunds for inflated product costs passed down from tariffs that the U.S. Supreme Court later ruled were unlawfully imposed by President Donald Trump, according to a Reuters report.

The Portsmouth Daily Times, Ohio99d agoneutral
Rail merger: UP, NS respond; BNSF raises more concerns

The regulatory battle over whether Union Pacific Corp. should be allowed to acquire Norfolk Southern Corp. in an $85 billion deal continued this week as UP filed its answer to criticisms of its amended application. Less than three days later, UP competitor BNSF Railway responded with a letter saying UP’s response remained inadequate in that UP and NS still have not provided the Surface ...