Finance news summaries — Page 3
Essential facts and source links for recent finance stories.
-
KeyBanc analyst links Meta’s stock rebound to renewed AI momentum
KeyBanc’s Justin Patterson says Meta’s stock rebounded as AI products gain traction, with the Muse AI launch and device cycle helping recast Meta as a leader. He says Muse downloads and business integrations could lift engagement and revenue estimates. -
JCPenney closes Pittsburgh’s Ross Park Mall store after about 40 years
JCPenney has closed its Ross Park Mall store in Pittsburgh after about 40 years, saying it could not continue the lease on current terms or find another suitable site in the market. The retailer said it hopes to keep serving customers through nearly 650 stores nationwide and its. -
AWS profits and growth underpin Motley Fool’s case for Amazon shares
Amazon’s AWS supplied 60% of Q2 operating income on about 21% of revenue, while sales grew 37% and its backlog reached $496 billion. The Motley Fool argues the cloud unit’s profit and growth make it the main reason to buy Amazon shares. -
McGlone warns Bitcoin could stall at $100,000, drawing a WTI comparison
Bloomberg Intelligence's Mike McGlone warned Bitcoin could struggle to top $100,000, comparing it with WTI crude, which has failed to rally beyond $100 a barrel despite brief price surges. Bitcoin was trading at $83,587 when the article was written. -
ServiceNow over Figma: a Motley Fool writer’s 2026 stock pick
A Motley Fool writer picks ServiceNow over Figma for 2026, citing its FY2025 revenue of nearly $13.3 billion, net income of roughly $1.7 billion and free cash flow of nearly $4.6 billion. Figma’s FY2025 revenue grew about 41%; its net loss was roughly $1.3 billion. -
VanEck researcher says dollar, not bond yields, explains Bitcoin pullback
VanEck digital-assets research head Matthew Sigel said Bitcoin’s pullback is better explained by the dollar than bond yields: he sees virtually no correlation with yields and a persistent negative correlation with the dollar index. -
Apple shares set a record weeks into John Ternus's CEO tenure
According to Yahoo Finance, Apple shares hit an intraday record of $345.34 on Sept. 23, then closed at $339.75, less than a month after John Ternus became CEO. Shares were up 25% for the year, and Apple's market value was just under $5 trillion. -
Starbucks plans 250 North American store closures by week's end
Starbucks plans to close 250 North American coffeehouses by week's end, about 1% of its roughly 18,000 stores. It says the undisclosed sites cannot consistently deliver its desired experience for customers and partners or lack a path to acceptable financial performance. -
Musk leaves a Tesla-SpaceX merger possible, but unconfirmed
Elon Musk gave no clear answer on a possible Tesla-SpaceX merger at the All-In Summit, citing close cooperation between the companies. The Motley Fool advises shareholders to avoid trading on speculation and judge each stock on long-term prospects. -
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. -
Nvidia leads semiconductor losses as Treasury yields climb and stocks retreat
Stocks extended losses in early Thursday trading as rising bond yields raised concerns about more Federal Reserve rate hikes. The 10-year Treasury yield was near 5.10%; tech shares fell, with Nvidia leading semiconductor declines. Amazon and Microsoft also traded lower. -
Caterpillar’s lower multiples contrast with Corning’s AI-linked growth in 2026
Motley Fool says Caterpillar had lower forward multiples and higher free cash flow than Corning, while Corning’s FY2025 revenue grew faster amid AI demand. Neither stock is cheap; it sees Corning as the AI play and Caterpillar as the diversified option. -
Oracle shares drop 4% amid report of force majeure move on New Mexico site
Oracle shares fell 4% Thursday after Bloomberg reported, citing people familiar with the matter, that the company told Project Jupiter’s developer it was invoking force majeure to delay payments if construction setbacks push the New Mexico data center’s opening to 2028. -
Motley Fool writer backs Taiwan Semiconductor on AI-chip demand
Motley Fool writer Keithen Drury recommends Taiwan Semiconductor as an AI-linked investment, citing its 72.5% Q2 revenue share of the chip-fabrication market and a planned extra $100 billion investment in Arizona; he says the stock is reasonably priced. -
US current-account deficit grows 15.7% on second-quarter import surge
The US current-account deficit widened by $33.4 billion, or 15.7%, to $246 billion in the second quarter, Commerce Department data showed. Goods imports rose $67.4 billion to $931.6 billion, outpacing a $27.1 billion increase in goods exports. -
Tributary says strong demand lifts Applied Materials' profit outlook
Tributary Capital Management named Applied Materials a notable addition in its Q2 2026 investor letter, saying strong demand is lifting the chip-equipment maker's profit outlook. The Multi Cap Core equity allocation returned 12.5%, below the S&P 1500's 15.3%. -
Tributary fund opens Snowflake position, citing stronger customer adoption
Tributary Capital Management’s Multi Cap Core strategy opened a position in Snowflake during Q2 2026. In its investor letter, the fund said new products were improving customer consumption, adoption and net revenue retention, lifting its profit outlook. -
Social Security at 70 brings bigger checks, but not always more lifetime income
Delaying Social Security past full retirement age raises monthly checks by 8% a year until 70, but may not maximize lifetime benefits. In the article’s example, a $2,500 benefit at 67 grows to $3,100 at 70; a claimant must live to 82½ to break even. -
Tributary opens an Amer Sports position, citing sales and margin potential
Tributary Capital Management’s Multi Cap Core strategy took a position in Amer Sports in Q2 2026, citing expected sales growth from wider geographic reach, new stores and online traffic. It said a shift to direct-to-consumer sales could lift margins and operating profit. -
Nordson launches Vantage XL as advanced packaging demand rises
Nordson launched its ASYMTEK Vantage XL, expanding precision-dispensing capabilities for advanced semiconductor packaging. The article estimates that market has grown 10%–12% annually and identifies cyclical chipmaker spending and competition as risks. -
Tributary adds AMD, sees its GPUs as a viable second option to Nvidia
Tributary Capital Management’s Multi Cap Core strategy added AMD in Q2 2026. Its investor letter said AMD is positioning its GPUs as a viable second option to Nvidia; customer sampling is underway, with a continued ramp planned for the second half of 2026 and into 2027. -
Tempus AI accounting chief retains 60,804 shares after $529,650 sale
Tempus AI accounting chief Ryan M. Bartolucci sold 7,062 Class A shares on Sept. 17, 2026, for $529,650, according to an SEC Form 4. The sale was under a Rule 10b5-1 plan adopted June 5, 2026; he retained 60,804 directly held shares. -
O’Leary says Bitcoin could reach $1 million if quantum risks are addressed
Kevin O’Leary says Bitcoin could hit $1 million only if it addresses fears that quantum computers may break its encryption. He says he is buying new positions for the next cycle and expects Bitcoin to make up 1% to 3% of alternative-asset allocations.
