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US retail sales unexpectedly fall in July
Reuters41d agoneutral
US retail sales unexpectedly fall in July

WASHINGTON, Aug 14 (Reuters) - U.S. retail sales unexpectedly fell in July after recent strong gains that were fueled by large tax refunds, but consumer spending is likely to remain supported by

Costco makes a pricing promise members need to know
TheStreet42d agoneutral
Costco makes a pricing promise members need to know

If Wendy's offers a $5 value meal that includes a sandwich, chicken nuggets, fries, and a soda, Burger King and McDonald's run the risk of losing value-based customers, even if those people prefer eating at the other two chains. Cash-strapped consumers are cutting back on spending, and that has ...

FitLife Brands Q2 Earnings Call Highlights
MarketBeat42d agoneutral
FitLife Brands Q2 Earnings Call Highlights

FitLife Brands (NASDAQ:FTLF) reported second-quarter 2026 revenue of $26.5 million, up 65% from a year earlier, as the company’s acquisition of Irwin Naturals more than offset declines in its Legacy FitLife business. Net income rose to $2.0 million from $1.7 million in the prior-year quarter, while

Jeff Bezos takes bold new turn amid $4B Amazon sell-off
TheStreet42d agobearish
Jeff Bezos takes bold new turn amid $4B Amazon sell-off

Jeff Bezos filed a Form 144 with the Securities and Exchange Commission on Aug. 3, proposing to sell up to 15 million Amazon shares worth approximately $4.07 billion. Within the same week, Sky Sports reported that Bezos had joined a consortium closing in on a deal for a roughly one-third ...

BETA Technologies Q2 Earnings Call Highlights
MarketBeat43d agoneutral
BETA Technologies Q2 Earnings Call Highlights

BETA Technologies (NYSE:BETA) reported second-quarter revenue of $14.7 million, exceeding its prior guidance range of $8 million to $11 million and representing 146% year-over-year growth. The company said results were driven primarily by revenue recognized from its Electrified Powertrain Flight Dem

GM Sets $4.5 Billion Supply-Chain Safety Net
The Wall Street Journal43d agoneutral
GM Sets $4.5 Billion Supply-Chain Safety Net

LOGISTICS REPORT NEWSLETTER General Motors is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles, The Wall Street Journal’s Sharon Terlep writes.

Bloomberg43d agoneutral
Market’s Momentum Darlings Resurface as Optical Stocks Take Off

(Bloomberg) -- One of the stock market’s favorite momentum plays from earlier this year is re-emerging as rising confidence in artificial intelligence spending sends the shares of optical component makers soaring again.Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostPak

Bloomberg44d agobullish
Nvidia Partner Hon Hai’s Profit Beats on Sustained AI Spending

(Bloomberg) -- Hon Hai Precision Industry Co. reported a better-than-expected increase in quarterly profit, signaling robust global demand for AI hardware.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DrivePakistan Says Deal Is Close Even as Iran, US Harden StancesApple’s Glass-Centric 20th-Anniversary iPhone Remains on Track for 2027Air India Pilot Tests Positive for Drugs After Mid-Air Drop

Costco's new service beats Amazon at its own game
TheStreet44d agobullish
Costco's new service beats Amazon at its own game

For years, Amazon led the market by offering free two-day delivery to Prime members. That was a massive improvement over previous shipping standards, and it became table stakes for any retailer hoping to sell to a mass audience. As a shopper, two-day shipping generally worked for me, but once Uber ...

Exclusive-Alpha Compute to buy Pennsylvania land, gas rights for $55 million data center campus, company says
Reuters44d agobullish
Exclusive-Alpha Compute to buy Pennsylvania land, gas rights for $55 million data center campus, company says

NEW YORK, Aug 11 (Reuters) - AI infrastructure company Alpha Compute has signed a binding term sheet to acquire land and natural gas rights in Pennsylvania for $55 million ‌to develop a 200-megawatt data center campus, CEO Brittany Kaiser told Reuters on Tuesday. Surging demand for ‌artificial intelligence computing is driving a scramble for power supplies across the United States, prompting data center developers to secure their ​own energy sources rather than wait for grid connections.

Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami
FreightWaves44d agoneutral
Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami

UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert. The post Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami appeared first on FreightWaves.

Electrovaya Q3 Earnings Call Highlights
MarketBeat44d agoneutral
Electrovaya Q3 Earnings Call Highlights

Electrovaya (NASDAQ:ELVA) reported third-quarter fiscal 2026 revenue of $17.7 million, up from $17.1 million a year earlier, while highlighting a recently announced commercial agreement with Amazon, the launch of its ElvaPulse stationary energy-storage system and progress toward opening its Jamestow