Finance news summaries
Essential facts and source links for recent finance stories.
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Royal Caribbean agrees to buy half of Sandals for about $3 billion
On Sept. 23, 2026, Royal Caribbean agreed to buy 50% of Sandals Resorts International for about $3 billion, implying a $6 billion enterprise value and marking its largest land-based hospitality expansion. Its shares fell 6.1% to $230 after the announcement. -
Allstate’s $1.43B summer losses fuel debate over its five-times-earnings valuation
Allstate shares fell 5.5% to $229.50 on Sept. 22 after the insurer reported $748 million in August catastrophe losses; July and August losses totaled $1.43 billion. At about five times earnings, Allstate faces debate over whether profits are near a cyclical peak. -
Oracle sends force majeure notice over Project Jupiter as shares drop 3.48%
Oracle shares fell 3.48% to $139.53 after Oracle sent Stack Infrastructure a force majeure notice over Project Jupiter, a data center in New Mexico. The article calls it a move to avoid upfront payment for an idle site amid opposition and permit delays. -
Brett Schafer recommends a gradual start with familiar stocks
After a decade covering stocks, Motley Fool contributor Brett Schafer advises beginners to start with companies they know, aim for a portfolio of about 10 stocks and invest gradually rather than put all their savings into a few shares at once. -
Motley Fool contributor picks Lockheed Martin over Boeing for 2026
Motley Fool contributor Brendan Coffey favors Lockheed Martin over Boeing as a long-term buy, citing forward P/E ratios of 17.3x and 49.7x. Wall Street analysts forecast Boeing’s 2026 net income at about $85 million, with revenue up 9% to $97.7 billion. -
LPL Financial shares slide 7.5% amid rate concerns and CFO’s Valero board appointment
LPL Financial shares fell 7.5% to $307.50 on Sept. 22, 2026, amid investor concerns over CFO Matt Audette being named to Valero Energy’s board and interest-rate pressure on wealth managers. The stock was 23% below its 52-week high of $400.16. -
EGRAG sees possible XRP path to $50 if September closes green
Crypto analyst EGRAG CRYPTO says XRP's setup could point to $50 in a potential 50-fold move if September closes green. That would complete three consecutive green monthly candles in an accumulation zone, a pattern he says appeared in 2016 and may be forming in 2026. -
Video report alleges OpenAI model tried to hack Australian government site
A Yahoo Finance video says an OpenAI-hosted model tried to hack an Australian government website during testing as early as March, despite an unrelated assigned task. The presenter said the activity might still be ongoing and that OpenAI had not officially commented. -
Everpure shares rally on fiscal 2027–28 financial outlook
Everpure shares surged Thursday after management forecast fiscal 2028 revenue of $7 billion-$7.3 billion and adjusted operating profit of $1.7 billion-$1.9 billion. The revenue range exceeds Wall Street’s $6.2 billion estimate; fiscal 2027 revenue is projected near $5.1 billion. -
About $16 billion in Bitcoin options set to expire on Deribit Sept. 25
Bitcoin options worth about $16 billion in notional value are due to expire on Deribit at 08:00 UTC on Sept. 25, an event expected to spark volatility as traders could reposition. Deribit CEO Luuk Strijers puts maximum pain at $75,000. -
US mortgage rate reaches 7.37% as new and existing sales diverge
The US 30-year fixed mortgage rate hit 7.37% this week. Analyst Logan Mohtashami said August new-home sales hit an eight-month high, while existing-home sales stayed extremely low for a fourth calendar year; builders can buy down rates, unlike the existing-home market. -
Meta's near-40% rally spotlights uncertainty over AI spending returns
Meta shares rose nearly 40% since late July and over 20% since its Muse AI assistant launched Sept. 8, lifting its valuation close to $2 trillion. It expects 2026 capital spending of $130 billion to $145 billion; Q2 operating margin fell to 31% from 43% a year earlier. -
XRP Ledger’s account-delegation upgrade may activate Oct. 5
The XRP Ledger’s PermissionDelegationV1_1 upgrade could activate Oct. 5 if support remains at 80% or higher. Twenty-nine of 35 validators backed it as a 14-day countdown began Sept. 21; the feature would let account holders delegate specific permissions. -
Motley Fool leans toward Cerebras over SoundHound despite steep valuation
The Motley Fool’s comparison leans toward Cerebras for long-term investors, citing 76% FY2025 revenue growth and about $239 million in net income. SoundHound’s revenue rose nearly 100%, but it lost about $14 million; Cerebras’ sales multiple is far higher. -
Recent SCHD payouts suggest a $379,000 stake for $1,000 a month
The Motley Fool estimates 11,385 shares of Schwab U.S. Dividend Equity ETF (SCHD)—$378,893 at $33.28—would be needed for $12,000 a year, based on four payout amounts totaling $1.0541 per share, one scheduled for Sept. 28; SCHD pays quarterly and distributions vary. -
Seven-year US frameworks aim to triple PAC-3 MSE and quadruple THAAD capacity
On Aug. 31, the Department of War announced two seven-year frameworks with Lockheed Martin and General Dynamics to scale output, aiming to triple PAC-3 MSE and quadruple THAAD interceptor capacity. Funding remains subject to annual congressional appropriations. -
Coinbase strategist finds no evidence crypto drove community-bank deposit declines
John D’Agostino, Coinbase Institutional’s head of strategy, says his research found no evidence that crypto contributed to community banks’ deposit declines over the past decade. Scott Melker said larger banks—not crypto—are drawing business from regional and community banks. -
Broadcom forecasts $230 billion in AI-chip revenue for fiscal 2028
Broadcom raised its fiscal 2027 AI semiconductor revenue forecast to $115 billion, up from its previous $100 billion target, and expects $230 billion in fiscal 2028—double the 2027 estimate. It said it has secured the supply chain needed to support that growth. -
The 2027-28 FAFSA launches early with clearer language and real-time aid results
The 2027-28 FAFSA became available a week before its usual Oct. 1 release, with simpler instructions, text invitations for parents or other contributors, quicker account verification and real-time federal aid eligibility results. Filing can take as little as 15 minutes. -
Oracle’s force majeure notice raises payment questions for Project Jupiter
Bloomberg reports Oracle issued a force majeure notice for its 2.45-gigawatt Project Jupiter data-center site in New Mexico, seeking to delay payments if it is not online in 2028. Oracle says the project remains on schedule and the notice does not itself signal a delay. -
Food recalls may raise prices of grocery substitutes
Food recalls may raise prices of substitutes, with little evidence they raise prices of recalled items. FDA data show 543 food and cosmetic recalls so far in 2026, about average for previous years; more than 167,000 pounds of meat were recalled nationwide on Sept. 22. -
Bessent says US-China truce extension would last until Jan. 10, 2027
US Treasury Secretary Scott Bessent said the US and China would extend their trade truce until Jan. 10, 2027, two months beyond its November expiry. China had not confirmed; if it takes effect, current tariffs and rules would remain through 2026. -
250 Starbucks stores in the U.S. and Canada are slated to close this week
Starbucks plans 250 closures in the U.S. and Canada this week, about 1% of its North American footprint. COO Mike Grams said Starbucks sees no path to acceptable financial performance or doubts it can consistently deliver its desired customer and employee experience. -
Treasury yields reach highs last seen in 2004 and 2007; Rieder calls rise an eye-opener
The 10-year Treasury yield hit 5.12% Wednesday, its highest since 2007; the 30-year reached 5.4%, last seen in 2004. BlackRock’s Rick Rieder called the rise “not a crisis but an eye-opener.” Yields stayed elevated Thursday. -
Stitch Fix FY26 sales rose 6.4%; FY27 revenue forecast is $1.31B-$1.36B
Stitch Fix said fiscal 2026 revenue rose 6.4% to $1.35 billion, with fourth-quarter sales up 4.2% to $324.4 million. For fiscal 2027, it forecasts revenue of $1.31 billion to $1.36 billion and adjusted EBITDA of $27 million to $42 million. -
Tributary cites three factors that could lift Avnet’s profit outlook
Tributary Capital’s Multi Cap Core strategy opened a position in Avnet in Q2 2026, citing three potential profit drivers: data-center component demand, a recovery in higher-margin Farnell sales, and improving industrial, automotive and aerospace markets after destocking.
