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ConocoPhillips (COP) Decline on US-Iran Accord
Insider Monkey21d agoneutral
ConocoPhillips (COP) Decline on US-Iran Accord

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its “Large Cap Strategy”. A copy of the letter is available to download here. The Strategy returned 3.42% net of fees, trailing the Russell 1000 Value Index’s 13.87% gain. Performance benefited from stock selection in consumer staples, materials and consumer discretionary, along with an underweight in utilities. However, stock […]

SpaceX Stock Hits Record Low—New Month, Same Problems Ahead of Earnings
Barrons.com21d agoneutral
SpaceX Stock Hits Record Low—New Month, Same Problems Ahead of Earnings

SpaceX stock hit a new low before recovering in early trading on Monday, leaving investors wondering when the selling pressure will end. A strong market at the start of a new month might be helping, although little has boosted the shares these days. Coming into Monday trading, SpaceX stock was down about 20% from its $135 IPO price, down about 46% from a record closing high of $201.80, and down 52% from its all-time intraday high of $225.64.

Is Elevance Health (ELV) a Long-Term Winner Despite Rising Medical Costs?
Insider Monkey21d agoneutral
Is Elevance Health (ELV) a Long-Term Winner Despite Rising Medical Costs?

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its “Large Cap Strategy”. A copy of the letter is available to download here. The Strategy returned 3.42% net of fees, trailing the Russell 1000 Value Index’s 13.87% gain. Performance benefited from stock selection in consumer staples, materials and consumer discretionary, along with an underweight in utilities. However, stock […]

Diamond Hill Capital Large Cap Strategy Exited Wix.com (WIX) Amid Weak Results and AI Disruption
Insider Monkey21d agoneutral
Diamond Hill Capital Large Cap Strategy Exited Wix.com (WIX) Amid Weak Results and AI Disruption

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q2 2026 investor letter for its “Large Cap Strategy”. A copy of the letter is available to download here. The Strategy returned 3.42% net of fees, trailing the Russell 1000 Value Index’s 13.87% gain. Performance benefited from stock selection in consumer staples, materials and consumer discretionary, along with an underweight in utilities. However, stock […]

Investing.com21d agoneutral
Amazon surpasses $3 trillion valuation as AI and cloud propel shares

Investing.com -- Shares of Amazon.com Inc. climbed past a historic milestone on Monday, surpassing $3 trillion in market value as investors cheered a blowout second-quarter earnings report that underscored the company’s accelerating dominance in cloud computing and artificial intelligence. The stock surged 5% in morning trading to touch a new 52-week high of $287.20. The rally, buoyed by a wave of Wall Street upgrades, vaults the Seattle-based e-commerce and technology giant deeper into the elit

Trump Media Stock Scores With 'Cancel The Attack' Post; Buckle Up For What's Next
Investor's Business Daily21d agoneutral
Trump Media Stock Scores With 'Cancel The Attack' Post; Buckle Up For What's Next

Trump Media & Technology Group stock rose on Monday morning after its pricey new service kicked off on Saturday with a big success, essentially giving its institutional-investor customers a sneak peek at President Donald Trump's "cancel the attack" on Iran post. Trump's Truth Social post published at 10:05 p.m. ET on Saturday, Aug. 1 announced that "the perimeters of a deal has been agreed to" including immediate opening of the Strait of Hormuz. Customers of the service that Trump Media & Technology Group announced on July 16 with an Aug. 1 launch date get a direct data feed that provides real-time access to posts, possibly seconds ahead of regular users.